iShares U.S. Oil Equipment & Services ETF·Financial Services

The iShares U.S. Oil Equipment & Services ETF (IEZ) was launched on May 1, 2006, and is a passively managed exchange traded fund designed to offer broad exposure to the Energy - Equipment and services segment of the equity market.

The iShares US Oil Equipment & Services ETF is rated a buy, leveraging U.S. policy shifts and geopolitical developments for upside. IEZ's bullish trend since 2020 is supported by renewed U.S. drilling policies and increased influence in Venezuela and Iran. Top holdings—Baker Hughes, SLB Limited, and Halliburton—comprise nearly half of IEZ, benefiting from global oilfield service demand.

Market predictions are not easy to make and looking at the YTD winners, there are some head-scratchers. Let's take a closer look and make some sense out of the recent performance winners: wet and dry shipping; South Korea; and oil services ETFs.

If you're interested in broad exposure to the Energy - Equipment and services segment of the equity market, look no further than the iShares U.S. Oil Equipment & Services ETF (IEZ), a passively managed exchange traded fund launched on May 1, 2006.
The iShares U.S. Oil Equipment & Services ETF seeks to track the investment results of an index composed of U.S. equities in the oil equipment and services sector.
Financial Services
Asset Management
2006-05-05
0.95