IShares Oil is trading at 20.79 as of the 31st of January 2025; that is 0.92 percent increase since the beginning of the trading day. The etf's open price was 20.6. IShares Oil has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. The performance scores are derived for the period starting the 3rd of September 2024 and ending today, the 31st of January 2025. Click here to learn more.
The index measures the performance of the oil equipment and services sector of the U.S. equity market. US Oil is traded on NYSEARCA Exchange in the United States. More on iShares Oil Equipment
Diane Hsiung, Jennifer Hsui, Greg Savage, Alan Mason
Transfer Agent
Citibank, N.A.
Fiscal Year End
31-Mar
Exchange
NYSE Arca, Inc.
Number of Constituents
34.0
Market Maker
Latour Trading
Total Expense
0.4
Management Fee
0.4
Country Name
USA
Returns Y T D
3.99
Name
iShares U.S. Oil Equipment Services ETF
Currency Code
USD
Open Figi
BBG000P8HGR1
In Threey Volatility
41.09
1y Volatility
27.17
200 Day M A
21.3334
50 Day M A
20.7818
Code
IEZ
Updated At
31st of January 2025
Currency Name
US Dollar
iShares Oil Equipment [IEZ] is traded in USA and was established 2006-05-01. The fund is classified under Equity Energy category within iShares family. The entity is thematically classified as Sector ETFs. iShares Oil Equipment currently have 132.35 M in assets under management (AUM). , while the total return for the last 3 years was 10.9%.
Check IShares Oil Probability Of Bankruptcy
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IShares Oil. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether iShares Oil Equipment offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IShares Oil's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ishares Oil Equipment Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ishares Oil Equipment Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Oil Equipment. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
The market value of iShares Oil Equipment is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Oil's value that differs from its market value or its book value, called intrinsic value, which is IShares Oil's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares Oil's market value can be influenced by many factors that don't directly affect IShares Oil's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.