ETF Evaluator: Port Bldng BlckIntgrtdlGsExplrtnPrddxETF () Follow This ETF

Port Bldng BlckIntgrtdlGsExplrtnPrddxETF Overview

Port Bldng BlckIntgrtdlGsExplrtnPrddxETF (PBOG) is a passively managed Sector Equity Equity Energy exchange-traded fund (ETF). Portfolio Building Block ETFs launched the ETF in 2025.

The investment seeks to track the performance, before fees and expenses, of the BITA Global Oil & Gas Select Index. The fund uses a “passive management” approach to track the performance, before fees and expenses, of the index. The index is constructed using a rules-based methodology that identifies companies in the upstream segment of the oil and gas industry value chain with publicly traded ordinary shares listed on major stock exchanges in developed markets, as classified by BITA GmbH. Under normal circumstances, the fund will invest at least 80% of the fund’s net assets in component securities that make up the index. The fund is non-diversified.

About Port Bldng BlckIntgrtdlGsExplrtnPrddxETF (PBOG)

There are 2 members of the management team with an average tenure of 0.68 years: Charles Ragauss (2025) and Qiao Duan (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 1 primary benchmark: BITA Global Oil & Gas Select TR USD index with a weighting of 100%. Port Bldng BlckIntgrtdlGsExplrtnPrddxETF has 39 securities in its portfolio. The top 10 holdings constitute 68.3% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Port Bldng BlckIntgrtdlGsExplrtnPrddxETF is part of the Equity global asset class and is within the Sector Equity ETF group. Port Bldng BlckIntgrtdlGsExplrtnPrddxETF has 44.2% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 55.6% There is 44.2% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Port Bldng BlckIntgrtdlGsExplrtnPrddxETF has 0.2% of the portfolio in cash.

Assets Under Management

The fund has $450 million in total assets, which is below the $1 billion average for the Equity Energy category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

PBOG Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Port Bldng BlckIntgrtdlGsExplrtnPrddxETF expense ratio is low compared to funds in the Equity Energy category. Port Bldng BlckIntgrtdlGsExplrtnPrddxETF has an expense ratio of 0.13%, which is 76% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Port Bldng BlckIntgrtdlGsExplrtnPrddxETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 28% for the Equity Energy category.

Recently, in the month of July 2026, Port Bldng BlckIntgrtdlGsExplrtnPrddxETF returned 15.5%, which earned it a grade of A, as the Equity Energy category had an average return of 5.2%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

Port Bldng BlckIntgrtdlGsExplrtnPrddxETF has a trailing yield of 0.00%, which is below the 2.25% category average. The fund normally distributes its income monthly and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Port Bldng BlckIntgrtdlGsExplrtnPrddxETF Grades

Year to date, the ETF has returned 34.5%, 6.0 percentage points better than the category, which translates into a grade of C.

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