We report the pressure dependence of electrical resistance R(T) of a frustrated pyrochlore oxide Nd 2 Ir 2 O 7 , which shows a second-order metal-insulator transition (MIT) at 36 K. This MIT is monotonically suppressed by the application of pressure. The insulating phase disappears at around 10 GPa. Then, in the pressure-induced metallic state above 10 GPa, a new pressure-induced phase transition emerges at around 3 K, which is characterized by a resistance drop. The new phase transition is due to a ferromagnetic (FM) ordering, which is suggested to be an ordered spin ice (two-in two-out) state of the Nd moment via the RKKY interaction. We succeeded in observing the phase competition between the MIT and the FM ordering by the application of high pressure. Geometrical frustration in a magnetic material can lead to novel phenomena such as a macroscopic degeneracy in the ground state with no long-range ordering (LRO). Pyrochlore oxides A 2 B 2 O 7 have attracted great interest because their structure, 1 which includes corner-shared tetrahedra whose vertices are occupied by spins, may show a strong geometrical frustration such as spin ice 2,3 and spin liquid states. 4 Furthermore, in metallic pyrochlore oxides, a frustration originating from the pyrochlore lattice might also lead to novel types of electronic properties. In fact, 4d and 5d transition-metal pyrochlore oxides have been reported to show various transport properties such as superconductivity in Cd 2 Re 2 O 7 5 and AOs 2 O 6 (where A = K, Rb, and Cs), 6 15 The strongly frustrated state can be relieved by the application of a magnetic field and pressure. Applying a magnetic field is the easiest method to lower the symmetry of the system. Actually, the application of a magnetic field in the [111] direction to the spin ice state induces a Kagomé ice state, where the macroscopic degeneracy is partially reduced. 16 On the other hand, applying pressure is an effective method to drive more dramatic change in various physical parameters such as magnetic interactions, bandwidth, and electron correlations. In fact, the application of high pressure to the spin liquid Tb 2 Ti 2 O 7 induces LRO. 17 Furthermore, the application of pressure on the MIT in pyrochlore oxides stabilizes it to a metallic state; the negative pressure dependence of the transition temperature (T MI ) has been observed in Cd 2 Os 2 O 7 (T MI = 226 K) 12 and Hg 2 Ru 2 O 7 (T MI = 107 K). 18 In particular, for Hg 2 Ru 2 O 7 , a Fermi liquid with an enhanced mass is realized above 6.5 GPa. 18 Thus, the application of pressure to the strongly frustrated state can lead to a novel phase.A recent study on pyrochlore iridates Ln 2 Ir 2 O 7 has revealed the occurrence of MITs for Ln = Nd, Sm, and Eu at T MI of 36, 117, and 120 K, respectively. 19 These MITs are second-order transitions and involve a magnetic anomaly caused by 5d electrons from Ir 4+ . It should be noted that T MI increases with decreasing the ionic radius of Ln 3+ . Furthermore, the electrical conductivity of the iridates also depends ...