IEZiShares U.S. Oil Equipment & Services ETF
IEZ Fund Description
IEZ tracks a market-cap-weighted index of domestic companies that are suppliers of equipment or services to oil fields and offshore platforms.
IEZ Factset Analytics Insight
IEZ strays far from the neutral exposure of the oil & gas drilling & exploration market, instead opting for a narrower approach to the oil segment. The fund tracks a Dow Jones index that all but ignores the oil and gas transportation industry, but digs deep into the suppliers of equipment and services to oil fields and offshore platforms, such as drilling, exploration, seismic-information services and platform construction. It's also a fairly concentrated fund, with its top holdings comprising the majority of IEZ's total portfolio. IEZ selects and weights its constituents by market cap, with a cap of 22.5% per stock, while the aggregate weight of companies with greater than 4.5% are capped at 45% of the fund’s value. The index is rebalanced quarterly.
IEZ MSCI ESG Analytics Insight
iShares U.S. Oil Equipment & Services ETF has an MSCI ESG Fund Rating of A based on a score of 7.13 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. iShares U.S. Oil Equipment & Services ETF ranks in the 52nd percentile within its peer group and in the 24th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
IEZ MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
IEZ Portfolio Data
IEZ Index Data
IEZ Portfolio Management
IEZ Tax Exposures
IEZ Fund Structure
IEZ Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of IEZ. IEZ is rated a 5 out of 5.
IEZ Economic Development
IEZ Performance Statistics
IEZ MSCI ESG Ratings
IEZ Benchmark Comparison Summary
IEZ Benchmark Comparison Market Cap Size