# iShares Oil & Gas Exploration & Production UCITS ETF USD (SPOG)

**Page:** https://fundology.uk/fund/spog · ISIN IE00B6R51Z18

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, SPOG (iShares Oil & Gas Exploration & Production UCITS ETF USD, ISIN IE00B6R51Z18) closed at £26.71 on the London Stock Exchange. Its ongoing charge is 0.55% a year (about £55 on £10,000). Over the five years to 13/11/2026 its total return was +86.4%, or +45.5% after UK CPIH inflation.

## Summary

iShares Oil & Gas Exploration & Production UCITS ETF USD is an exchange-traded fund (ETF) from iShares, launched in 2011. It tracks the S&P Commodity Producers Oil and Gas Exploration and Production. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.55% a year — about £55 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

Latest close: **£26.71** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | SPOG |
| ISIN | IE00B6R51Z18 |
| Also listed as | IOGP (London Stock Exchange, US dollars), IS0D (Xetra, euros) |
| Category | Single sectors |
| Type | ETF |
| Provider | iShares |
| Tracks | S&P Commodity Producers Oil and Gas Exploration and Production |
| Income | Accumulating |
| Ongoing charge | 0.55% a year (£55 per £10,000) |
| Fund size | £314m |
| Launched | 2011 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 19/09/2011 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +27.67% | +23.15% | income reinvested |
| 3 years | +25.26% | +13.17% | income reinvested |
| 5 years | +86.43% | +45.52% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of iShares Oil & Gas Exploration & Production UCITS ETF USD in pounds (price, with income reinvested in the fund): 2022 +54.4%, 2023 −2.9%, 2024 +4.9%, 2025 −6.3%; 2026 to 13/11/2026 +35.3%. Returns of iShares Oil & Gas Exploration & Production UCITS ETF USD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +32.0%; to 30/09/2025: +2.8%; to 30/09/2024: −14.6%; to 30/09/2023: +8.8%; to 30/09/2022: +57.7%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | +54.4% | +41.3% | Price |
| 2023 | -2.9% | -6.8% | Price |
| 2024 | +4.9% | +1.3% | Price |
| 2025 | -6.3% | -9.5% | Price |
| 2026 to 13/11/2026 | +35.3% | +31.0% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 29.73% | -19.78% |
| 3 years | 27.11% | -29.41% |
| 5 years | 29.89% | -31.16% |

## Largest fall

Volatility of iShares Oil & Gas Exploration & Production UCITS ETF USD in pounds, annualised from weekly returns to 13/11/2026: 29.7% over 1 year, 27.1% over 3 years, 29.9% over 5 years. Largest fall in the price of iShares Oil & Gas Exploration & Production UCITS ETF USD since November 2021, in pounds: −31.2% from 04/11/2022 to 11/04/2025. The lowest 12-month return of iShares Oil & Gas Exploration & Production UCITS ETF USD in pounds (price, with income reinvested in the fund) since January 2021 was −29.4% (12 months to 11/04/2025); the highest was +111.9% (12 months to 19/08/2022). On 13/11/2026 the price of iShares Oil & Gas Exploration & Production UCITS ETF USD was 8.9% below its highest weekly close since November 2021 (30/10/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares Oil & Gas Exploration & Production UCITS ETF USD 0.55% a year. Compared on 14/11/2026, 33 of the 164 other single-sector funds charge more, 7 the same and 124 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.55%** per year
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## What it holds

As of 06/11/2026, SPOG holds 70 positions, according to its published holdings. The largest is EOG Resources at 10.92% of the fund; the ten largest make up 62.1%.

### Top holdings

Largest positions (as of 06/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | EOG Resources | [EOG](https://fundology.uk/stock/EOG) | 10.92% |
| 2 | ConocoPhillips | [COP](https://fundology.uk/stock/COP) | 10.89% |
| 3 | Canadian Natural Resources | [CNQ](https://fundology.uk/stock/CNQ) | 10.31% |
| 4 | Devon Energy | [DVN](https://fundology.uk/stock/DVN) | 6.58% |
| 5 | Woodside Energy Group | [WDS](https://fundology.uk/stock/WDS) | 5.69% |
| 6 | Diamondback Energy | [FANG](https://fundology.uk/stock/FANG) | 5.19% |
| 7 | Eqt | — | 4.38% |
| 8 | Expand Energy | [EXE](https://fundology.uk/stock/EXE) | 2.78% |
| 9 | Santos | [STO](https://fundology.uk/stock/STO) | 2.71% |
| 10 | Inpex | [1605](https://fundology.uk/stock/1605) | 2.69% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By sector

As published for the fund, as of 06/11/2026.

| Sector | Weight |
|---|---|
| Energy | 99.7% |
| Cash and derivatives | 0.3% |

### By country

As published for the fund, as of 06/11/2026.

| Country | Weight |
|---|---|
| United States | 63.2% |
| Canada | 20.5% |
| Australia | 8.7% |
| Japan | 2.9% |
| Norway | 2.6% |
| Cash and derivatives | 0.3% |
| Other | 1.9% |

### By type of asset

Added up from the fund’s published holdings, as of 06/11/2026.

| Type of asset | Weight |
|---|---|
| Equity | 99.7% |
| Cash and money market | 0.3% |

All 77 holdings: https://fundology.uk/fund/spog/holdings

## Questions people ask

**What is the ongoing charge of SPOG?**

The ongoing charge of SPOG is 0.55% a year — about £55 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of iShares Oil & Gas Exploration & Production UCITS ETF USD 0.55% a year. Compared on 14/11/2026, 33 of the 164 other single-sector funds charge more, 7 the same and 124 less (share classes counted once).

**What does SPOG track?**

SPOG tracks the S&P Commodity Producers Oil and Gas Exploration and Production.

**Is SPOG accumulating or distributing?**

SPOG is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

**What is the ISIN of SPOG?**

The ISIN of SPOG is IE00B6R51Z18. An ISIN identifies one exact share class of a fund; SPOG is its ticker on the London Stock Exchange. The same share class is also listed as IOGP (London Stock Exchange, US dollars) and IS0D (Xetra, euros).

**What does SPOG hold?**

As of 06/11/2026, SPOG holds 70 positions, according to its published holdings. The largest is EOG Resources at 10.92% of the fund; the ten largest make up 62.1%. Its ten largest holdings are EOG Resources (10.92%), ConocoPhillips (10.89%), Canadian Natural Resources (10.31%), Devon Energy (6.58%), Woodside Energy Group (5.69%), Diamondback Energy (5.19%), Eqt (4.38%), Expand Energy (2.78%), Santos (2.71%) and Inpex (2.69%).

**What were SPOG’s returns in each of the last five years?**

Calendar-year returns of SPOG in pounds (price, with income reinvested in the fund): 2022 +54.4%, 2023 −2.9%, 2024 +4.9%, 2025 −6.3%; 2026 to 13/11/2026 +35.3%. Past performance is not a guide to future returns.

**How has SPOG done after inflation?**

Over the five years to 13/11/2026 SPOG’s total return was +86.4%, or +45.5% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at iShares](https://www.ishares.com/uk/individual/en/products/251909/ishares-oil-gas-exploration-production-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-oil-gas-exploration-production-ucits-etf-usd-acc-gb-ie00b6r51z18-en.pdf)
- Links checked 12/10/2026.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.