IEZ

iShares U.S. Oil Equipment & Services ETF

$20.71

+0.00%

Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The iShares U.S. Oil Equipment & Services ETF (IEZ) seeks to track the investment results of an index composed of U.S. equities in the oil equipment and services sector.

Overview

ETF tracking iShares U.S. Oil Equipment & Services ETF

Category Energy

Issuer BlackRock

Inception Date 2007-12-06

Market Cap $122.2M

Average Volume N/A

Dividend Yield 1.85%

52-Week Range $14.77 - $22.20

VWAP $20.70

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The iShares U.S. Oil Equipment & Services ETF (IEZ) seeks to track the investment results of an index composed of U.S. equities in the oil equipment and services sector.

🎯 Investment Strategy

The ETF employs a passive management (or index-tracking) strategy designed to track the performance of the Dow Jones U.S. Select Oil Equipment & Services Index. The fund generally invests in a representative sample of the securities included in the underlying index to achieve its investment objective.

✨ Key Features

Provides exposure to U.S. companies that provide equipment and services to the oil and gas industry
Diversified portfolio across various oil equipment and services sub-sectors
Low expense ratio of 0.00%
Liquid and tradable on major stock exchanges

⚠️ Primary Risks

Concentration risk as the fund is focused on a specific sector of the energy industry
Volatility risk as the oil and gas services industry can be subject to significant price swings
Regulatory and environmental risks as the industry is heavily influenced by government policies and regulations
Economic sensitivity as the fund's performance is tied to the overall health of the energy sector

👤 Best For

This ETF may be suitable for investors seeking exposure to the U.S. oil equipment and services industry as part of a diversified portfolio. It may be most appropriate for investors with a higher risk tolerance and a longer-term investment horizon who are comfortable with the volatility inherent in the energy sector.