Skip to Content
ETFs

iShares U.S. Oil Equipment & Services ETF

IEZ
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
May 1, 2006
Expense Ratio
0.4%
Type
US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$10,602,007
AUM
$300,849,792
Associated Index
Dow Jones US Select Oil & Gas Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

SLB
SLB
22.35%
BKR
Baker Hughes Co - Ordinary Shares - Class A
18.53%
FTI
TechnipFMC plc
4.66%
HAL
Halliburton Co.
4.59%
WFRD
Weatherford International plc - Ordinary Shares - New
4.52%
CHX
ChampionX Corp.
4.46%
NOV
NOV Inc
4.36%
NE
Noble Corp Plc - Ordinary Shares - Class A
4.27%
RIG
Transocean Ltd
4.27%
VAL
Valaris Ltd
3.67%
Invest with IEZ
Trade IEZ Options

What is IEZ?

The iShares Dow Jones U.S. Oil Equipment & Services Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the Dow Jones U.S. Select Oil Equipment & Services Index.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

IEZ
Performance Measures**

for the time period May 5, 2006 to Dec 4, 2025

Returns

1M Trailing Return: 8.5%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 15.2%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -92.5%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 39.8%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.12

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: -0.03

The annualized return divided by the max drawdown for the selected time period.

ETFs related toIEZ

ETFs correlated to IEZ include OIH, XES, PSCE

IEZ
BlackRock Institutional Trust Company N.A. - iShares U.S. Oil Equipment & Services ETF
OIH
VanEck ETF Trust - VanEck Oil Services ETF
XES
SPDR Series Trust - SPDR Oil & Gas Equipment and Services ETF
PSCE
Invesco Capital Management LLC - Invesco S&P SmallCap Energy ETF
PXI
Invesco Capital Management LLC - Invesco Dorsey Wright Energy Momentum ETF
RSPG
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Energy ETF
VDE
Vanguard Group, Inc. - Vanguard Energy ETF
FENY
Fidelity Covington Trust - Fidelity MSCI Energy Index ETF
IGE
BlackRock Institutional Trust Company N.A. - iShares North American Natural Resources ETF
ERX
Direxion Shares ETF Trust - Direxion Daily Energy Bull 2X Shares
IYE
BlackRock Institutional Trust Company N.A. - iShares U.S. Energy ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toIEZ

IFF Fund: Deviation from the Standard v2 - No FNGU

Category

Tactical allocation, Leveraged ETFs, Trend following, Volatility targeting, Mean reversion, Risk-on/risk-off, RSI, Buy the dip, Market timing, Tech-heavy

OOS Cumulative Return

69.56%

OOS High Sortino Cum return Sort WM74 + Wash

Category

Tactical rotation, trend following, mean reversion, volatility hedging, leveraged ETFs, managed futures, risk-on/off, multi-asset

OOS Cumulative Return

31.05%

Create your own algorithmic trading strategy with IEZ using Composer

FAQ

IEZ is a US Equities ETF. The iShares Dow Jones U.S. Oil Equipment & Services Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the Dow Jones U.S. Select Oil Equipment & Services Index.

IEZ tracks the Dow Jones US Select Oil & Gas Index.

No, IEZ is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, IEZ is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on IEZ is 0.0578%. This is the percent change in the value of IEZ over the most recent 1-month period. The 3-month return on IEZ is 0.2781%. This is the percent change in the value of IEZ over the most recent 3-month period.

The standard deviation of IEZ for the past year is 0.3795%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to IEZ include XLI, XLY, and XLV.

ETFs correlated to IEZ include OIH, XES, and PSCE.

ETFs that are inversely correlated to IEZ include ERY, OILD, and DUG.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.