Core Insights - The iShares U.S. Oil Equipment & Services ETF (IEZ) is a passively managed ETF launched on May 1, 2006, providing broad exposure to the Energy - Equipment and Services segment of the equity market [1] - The Energy - Equipment and Services sector is currently ranked 15th among 16 Zacks sectors, placing it in the bottom 6% [2] Index Details - Sponsored by Blackrock, IEZ has over $206.03 million in assets, making it an average-sized ETF aiming to match the performance of the Dow Jones U.S. Select Oil Equipment & Services Index [3] - The index comprises U.S. equities in the oil equipment and services sector [3] Costs - IEZ has annual operating expenses of 0.38%, positioning it as one of the cheaper options in the ETF space [4] - The ETF offers a 12-month trailing dividend yield of 1.49% [4] Sector Exposure and Top Holdings - The ETF has a 100% allocation in the Energy sector, with Slb Nv (SLB) making up approximately 23.82% of total assets, followed by Baker Hughes Class A (BKR) and Halliburton (HAL) [5] - The top 10 holdings account for about 75.32% of total assets under management [6] Performance and Risk - IEZ has increased by about 25.4% and is up approximately 28.56% year-to-date as of February 4, 2026 [7] - The ETF has traded between $14.77 and $26.17 over the past 52 weeks, with a beta of 0.91 and a standard deviation of 31.31% for the trailing three-year period, indicating high risk [7] Alternatives - IEZ carries a Zacks ETF Rank of 3 (Hold), suggesting it is a reasonable option for investors seeking exposure to the Energy ETFs area [8] - Other alternatives include the State Street SPDR S&P Oil & Gas Equipment & Services ETF (XES) and the VanEck Oil Services ETF (OIH), with assets of $369.22 million and $2.12 billion respectively, both having an expense ratio of 0.35% [10]