ATLASiShares U.S. Oil & Gas Exploration & Production ETF (IEO): outlook, holdings and fees
iShares U.S. Oil & Gas Exploration & Production ETF (IEO) is an exchange-traded fund and is managed by iShares. The expense ratio is 0.42% and the yield is 1.64%. The ten largest holdings are 71% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on IEO
| Last price | $145.45 (-3.8%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 51% |
| Likely 1-month range (50%) | $138.91 – $153.07 |
| Normal 1-day range (±1σ) | ±1.7% |
| Distribution yield | 1.64% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
IEO fund facts
| Issuer | iShares |
|---|---|
| Theme | Oil |
| Assets under management | $852M |
| Expense ratio | 0.42% |
| Number of holdings | 47 |
| Portfolio turnover | 15% |
| Inception | May 1, 2006 |
| Exchange | CBOE |
The fund generally will invest at least 80% of its assets in the component securities of its underlying indexand may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the underlying index, but which BFA believes will help the fund track the underlying index. The fund is non-diversified.
IEO top holdings
| Holding | Sector | Weight |
|---|---|---|
| ConocoPhillips COP | Energy | 16.06% |
| Marathon Petroleum Corp MPC | Energy | 12.83% |
| Valero Energy Corporation VLO | Energy | 13.56% |
| Phillips 66 PSX | Energy | 4.78% |
| EOG Resources Inc EOG | Energy | 4.44% |
| Devon Energy Corporation DVN | Energy | 4.41% |
| EQT Corporation EQT | Energy | 4.30% |
| Diamondback Energy Inc FANG | Energy | 4.41% |
| Texas Pacific Land Corporation TPL | Energy | 3.05% |
| Expand Energy Corporation EXE | Energy | 3.00% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
IEO sector breakdown
| Sector | Weight |
|---|---|
| Energy | 99.1% |
| Basic Materials | 0.9% |
By region: North America 100.0%.
IEO returns and risk
| Year to date | +62.7% |
|---|---|
| 1 year | +70.0% |
| 3 years (annualised) | +17.7% |
| 5 years (annualised) | +22.1% |
| 10 years (annualised) | +11.2% |
| Volatility (3 years) | 22.2% |
| Sharpe ratio (3 years) | 0.46 |
Past returns do not guarantee future results.
IEO: frequently asked questions
What does IEO invest in?
iShares U.S. Oil & Gas Exploration & Production ETF invests in a portfolio of securities. Its largest holdings are ConocoPhillips (16.1%), Marathon Petroleum Corp (12.8%), Valero Energy Corporation (13.6%), Phillips 66 (4.8%), EOG Resources Inc (4.4%).
What is the IEO expense ratio?
0.42% a year: about $42.00 for every $10,000 invested.
What is the IEO dividend yield?
1.64%. ATLAS does not hold the exact distribution dates for ETFs.
Will IEO go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 51%, with a likely range (50%) of $138.91 to $153.07 from $145.45 today. It is a probability, not a prediction.
How has IEO performed?
Year to date +62.7%, one year +70.0%, three years +17.7% a year, five years +22.1% a year. Past returns do not guarantee future results.
Similar ETFs: Oil
- State Street SPDR S&P Oil & Gas Exploration & Production ETF (XOP)
- VanEck Oil Services ETF (OIH)
- United States Oil Fund, LP (USO)
- First Trust Nasdaq Oil & Gas ETF (FTXN)
- VanEck Oil Refiners ETF (CRAK)
- Portfolio Building Block Integrated Oil and Gas and Exploration and Production Index ETF (PBOG)
- iShares U.S. Oil Equipment & Services ETF (IEZ)
Educational information, not investment advice. Disclaimer