VanEck Oil Services ETFVanEck Oil Services ETFVanEck Oil Services ETF

VanEck Oil Services ETF

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Key stats


Assets under management (AUM)
‪909.43 M‬USD
Fund flows (1Y)
‪−461.35 M‬USD
Dividend yield (indicated)
2.52%
Discount/Premium to NAV
−0.08%
Shares outstanding
‪4.20 M‬
Expense ratio
0.35%

About VanEck Oil Services ETF


Issuer
Van Eck Associates Corp.
Brand
VanEck
Home page
Inception date
Jul 12, 2011
Structure
Open-Ended Fund
Index tracked
MVIS US Listed Oil Services 25
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
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
Geography
Global
Weighting scheme
Market cap
Selection criteria
Market cap
What's in the fund
Exposure type
StocksBonds, Cash & Other
Industrial Services
Stock breakdown by region
91%8%
Top 10 holdings

See all ideas 

Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to OIH via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
OIH trades at 218.45 USD today, its price has risen 0.21% in the past 24 hours. Track more dynamics on OIH price chart.
OIH net asset value is 220.17 today — it's risen 1.86% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
OIH assets under management is ‪909.43 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
OIH price has risen by 1.98% over the last month, and its yearly performance shows a −31.35% decrease. See more dynamics on OIH price chart.
NAV returns, another gauge of an ETF dynamics, showed a −16.51% decrease in three-month performance and has decreased by −28.69% in a year.
OIH fund flows account for ‪−461.35 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
OIH invests in stocks. See more details in our Analysis section.
OIH expense ratio is 0.35%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, OIH isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, OIH technical analysis shows the sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating OIH shows the sell signal. See more of OIH technicals for a more comprehensive analysis.
Yes, OIH pays dividends to its holders with the dividend yield of 2.52%.
OIH trades at a premium (0.08%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
OIH shares are issued by Van Eck Associates Corp.
OIH follows the MVIS US Listed Oil Services 25. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 12, 2011.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.