VanEck Oil Services ETFVanEck Oil Services ETFVanEck Oil Services ETF

VanEck Oil Services ETF

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Key stats

Assets under management (AUM)
‪2.04 B‬USD
Fund flows (1Y)
‪−523.86 M‬USD
Dividend yield (indicated)
1.35%
Discount/Premium to NAV
−1.6%

About VanEck Oil Services ETF

Issuer
Van Eck Associates Corp.
Brand
VanEck
Expense ratio
0.35%
Home page
Inception date
Feb 7, 2001
Index tracked
MVIS US Listed Oil Services 25
Management style
Passive
OIH had a makeover in late 2011 as the old 'Oil HOLDRS' was taken over by Van Eck and turned into a living, breathing ETF, with new management, and a simple strategy aimed at capturing the 25 largest and most liquid US-listed oil services companies. Although a fraction of its portfolio is focused overseas, OIH overweights the US and makes its own sector bets. Overall, the OIH offers extremely concentrated exposure with a strong bias to US-firms. The index is rebalanced semi-annually.

Classification

Asset Class
Equity
Category
Sector
Focus
Energy
Niche
Energy equipment & services
Strategy
Vanilla
Weighting scheme
Market cap
Selection criteria
Market cap

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of April 30, 2024
Exposure type
StocksBonds, Cash & Other
Industrial Services
Stocks99.94%
Industrial Services84.71%
Non-Energy Minerals5.26%
Process Industries4.68%
Producer Manufacturing2.28%
Energy Minerals1.92%
Utilities1.09%
Bonds, Cash & Other0.06%
Cash0.06%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows