iShares Oil & Gas Exploration & Production UCITS ETF

What this fund is

iShares Oil & Gas Exploration & Production UCITS ETF is an exchange-traded fund (ETF) from iShares, traded under the ticker IOGP (ISIN IE00B6R51Z18). One trade buys a whole basket of holdings, so your money is spread out instead of riding on a single company. In plain terms it is about tracking physical commodities like gold or oil, which often move differently from shares and are used to spread risk or hedge inflation, spread across its target market. Its largest holdings include EOG RESOURCES INC, CONOCOPHILLIPS and CANADIAN NATURAL RESOURCES LTD. It holds around 82 positions (the ten largest ≈ 62.1%), spreading risk so no single holding decides your outcome.

By geography it is weighted towards ~62.8% United States, ~21.7% Canada and ~8.3% Australia. Its heaviest sectors are ~99.6% Energy and ~0.8% Other. It is typically held as a diversifier — a slice that behaves differently from mainstream shares — rather than as a portfolio's main engine. Its ongoing charge (TER) is 0.55% a year — about €55 a year on a €10,000 holding, taken automatically from the fund. Income such as dividends is automatically reinvested inside the fund (an accumulating share class), so returns compound without you doing anything.

It holds the underlying investments directly (physical replication); it is domiciled in Ireland and UCITS-regulated, a European standard built to protect everyday investors and trades in USD. It launched in 2011. As with any investment, its value can go down as well as up, and past performance is not a guide to future results. (Fund data sourced from iShares.)