Highlights

  • IEZ seeks exposure to US companies supplying equipment and services for oil exploration and extraction.
  • The fund reports NAV of USD 26.89 as of 2 November 2026.
  • IEZ lists an expense ratio of 0.37% and distributes quarterly.

iShares U.S. Oil Equipment & Services ETF (NYSE Arca:IEZ) seeks to track US companies supplying equipment and services for oil exploration and extraction. Its NAV stood at USD 26.89 as of 2 November 2026. Net Assets totalled USD 381,837,960 as of 2 November 2026.

Equipment and Services for Oilfield Activity

IEZ tracks the Dow Jones U.S. Select Oil Equipment & Services Index. The benchmark includes suppliers to oilfields and offshore platforms, including drilling, exploration, seismic information and platform construction businesses. It can include companies of different sizes. This defines an oilfield services mandate rather than direct ownership of Crude Oil or a general energy portfolio.

The fund uses representative sampling, selecting investments intended to resemble the benchmark’s overall characteristics. It may therefore hold a different collection of securities from the index while seeking a similar Investment profile.

Portfolio Composition and Exposure

IEZ reported 32 holdings as of 30 October 2026. Its allocation by Market Value included Oil & Gas Equipment & Services at 82.20%, Oil & Gas Drilling at 17.76% and Cash and/or Derivatives at 0.04% as of 30 October 2026.

The fact sheet dated 30 September 2026 identified holdings including SLB at 22.04%, Baker Hughes Class A at 21.96% and Technipfmc plc at 4.51%. These position weights refer to that reporting date and can change as the portfolio and market values evolve.

The same fact sheet reported a P/E ratio of 20.18x and a P/B ratio of 2.26x. These valuation measures complement the holdings information with Earnings and book-value characteristics associated with the Equity portfolio.

Fees and Distribution Policy

The published expense ratio is 0.37%. Distributions are scheduled quarterly.

The 30-day SEC Yield was 1.35% as of 30 September 2026. This standardised income measure reflects the fund’s recent income after expenses; it is separate from changes in the market value of its shares.

The prospectus notes that brokerage commissions and other intermediary charges may apply separately. Fund shares trade at market prices, which can differ from NAV, so the stated NAV does not establish the price of every exchange transaction.

Key Insights

Energy industry spending, Commodity conditions and regulation can affect service and equipment demand. The portfolio also retains the company-specific and market risks associated with its equity holdings.