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VanEck Oil Services ETF

ETF
OIH
Payout Change
Pending
Price as of:
$271.79 -2.78 -1.01%
primary theme
Energy Sector Equity
OIH (ETF)

VanEck Oil Services ETF

Payout Change
Pending
Price as of:
$271.79 -2.78 -1.01%
primary theme
Energy Sector Equity
OIH (ETF)

VanEck Oil Services ETF

Payout Change
Pending
Price as of:
$271.79 -2.78 -1.01%
primary theme
Energy Sector Equity

Name

As of 11/01/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

VanEck Oil Services ETF

OIH | ETF

$271.79

$1.88 B

1.54%

$4.22

0.35%

Vitals

YTD Return

-12.2%

1 yr return

-18.2%

3 Yr Avg Return

9.3%

5 Yr Avg Return

4.4%

Net Assets

$1.88 B

Holdings in Top 10

73.2%

52 WEEK LOW AND HIGH

$274.6
$268.61
$349.35

Expenses

OPERATING FEES

Expense Ratio 0.35%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 28.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 11/01/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

VanEck Oil Services ETF

OIH | ETF

$271.79

$1.88 B

1.54%

$4.22

0.35%

OIH - Profile

Distributions

  • YTD Total Return -12.2%
  • 3 Yr Annualized Total Return 9.3%
  • 5 Yr Annualized Total Return 4.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.21%
DIVIDENDS
  • Dividend Yield 1.5%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    VanEck Oil Services ETF
  • Fund Family Name
    VANECKFUND
  • Inception Date
    Dec 20, 2011
  • Shares Outstanding
    12450543
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Peter Liao

Fund Description

The Fund normally invests at least 80% of its total assets in securities that comprise the Fund’s benchmark index. The Oil Services Index includes common stocks and depositary receipts of U.S. exchange-listed companies in the oil services segment. Such companies may include small- and medium-capitalization companies and foreign companies that are listed on a U.S. exchange. To be initially eligible for inclusion in the Oil Services Index, companies must generate at least 50% of their revenues from oil services to the upstream oil sector, which includes companies engaged primarily in oil equipment, oil services or oil drilling. Of the largest 50 stocks in the oil services sector by full market capitalization, the top 25 by free-float market capitalization (e.g., includes only shares that are readily available for trading in the market) and three month average daily trading volume are included in the Oil Services Index. As of December 31, 2023, the Oil Services Index included 25 securities of companies with a market capitalization range of between approximately $772 million and $74.1 billion and a weighted average market capitalization of $25.1 billion.These
amounts are subject to change. The Fund’s 80% investment policy is non-fundamental and may be changed without shareholder approval upon 60 days’ prior written notice to shareholders.
The Fund, using a “passive” or indexing investment approach, attempts to approximate the investment performance of the Oil Services Index by investing in a portfolio of securities that generally replicates the Oil Services Index. Unlike many investment companies that try to “beat” the performance of a benchmark index, the Fund does not try to “beat” the Oil Services Index and does not seek temporary defensive positions that are inconsistent with its investment objective of seeking to replicate the Oil Services Index.
The Fund is classified as a non-diversified fund under the Investment Company Act of 1940, as amended (the “Investment Company Act of 1940”), and, therefore, may invest a greater percentage of its assets in a particular issuer. The Fund may concentrate its investments in a particular industry or group of industries to the extent that the Oil Services Index concentrates in an industry or group of industries. As of December 31, 2023, each of the oil and gas drilling sub-industry, and oil and gas equipment and services sub-industry represented a significant portion of the Fund.
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OIH - Performance

Return Ranking - Trailing

Period OIH Return Category Return Low Category Return High Rank in Category (%)
YTD -12.2% -17.7% 13.1% 95.52%
1 Yr -18.2% -22.7% 17.0% 97.01%
3 Yr 9.3%* -16.9% 19.3% 77.61%
5 Yr 4.4%* 2.4% 24.4% 88.06%
10 Yr -9.7%* -13.0% 13.5% 88.14%

* Annualized

Return Ranking - Calendar

Period OIH Return Category Return Low Category Return High Rank in Category (%)
2023 1.8% -12.5% 12.1% 31.34%
2022 64.5% -9.1% 88.5% 4.48%
2021 20.0% -16.7% 94.8% 83.58%
2020 -41.9% -47.8% 134.4% 95.52%
2019 -5.6% -18.0% 61.0% 92.54%

Total Return Ranking - Trailing

Period OIH Return Category Return Low Category Return High Rank in Category (%)
YTD -12.2% -17.7% 13.1% 95.52%
1 Yr -18.2% -22.7% 17.0% 97.01%
3 Yr 9.3%* -16.9% 19.3% 77.61%
5 Yr 4.4%* 2.4% 24.4% 88.06%
10 Yr -9.7%* -13.0% 13.5% 88.14%

* Annualized

Total Return Ranking - Calendar

Period OIH Return Category Return Low Category Return High Rank in Category (%)
2023 3.2% -11.5% 14.4% 38.81%
2022 66.2% -8.0% 88.5% 4.48%
2021 21.3% -15.7% 98.4% 83.58%
2020 -41.2% -44.2% 138.4% 95.52%
2019 -3.5% -16.5% 63.2% 89.55%

OIH - Holdings

Concentration Analysis

OIH Category Low Category High OIH % Rank
Net Assets 1.88 B 5.1 M 39.9 B 13.24%
Number of Holdings 25 24 207 94.12%
Net Assets in Top 10 1.36 B 2.02 M 28.3 B 11.76%
Weighting of Top 10 73.21% 30.4% 84.2% 5.88%

Top 10 Holdings

  1. Schlumberger NV 20.67%
  2. Baker Hughes Co 10.50%
  3. Halliburton Co 9.74%
  4. Weatherford International PLC 5.20%
  5. Tenaris SA 4.69%
  6. NOV Inc 4.64%
  7. TechnipFMC PLC 4.62%
  8. ChampionX Corp 4.62%
  9. Noble Corp PLC 4.30%
  10. Valaris Ltd 4.23%

Asset Allocation

Weighting Return Low Return High OIH % Rank
Stocks 		99.97% 82.08% 100.54% 7.35%
Cash 		0.03% 0.00% 33.44% 88.24%
Preferred Stocks 		0.00% 0.00% 1.19% 77.94%
Other 		0.00% -0.01% 18.03% 80.88%
Convertible Bonds 		0.00% 0.00% 0.00% 76.47%
Bonds 		0.00% 0.00% 4.65% 80.88%

Stock Sector Breakdown

Weighting Return Low Return High OIH % Rank
Energy 		100.00% 0.00% 100.00% 10.29%
Utilities 		0.00% 0.00% 39.83% 85.29%
Technology 		0.00% 0.00% 35.01% 80.88%
Real Estate 		0.00% 0.00% 0.02% 80.88%
Industrials 		0.00% 0.00% 25.16% 83.82%
Healthcare 		0.00% 0.00% 0.00% 76.47%
Financial Services 		0.00% 0.00% 0.41% 76.47%
Communication Services 		0.00% 0.00% 0.00% 76.47%
Consumer Defense 		0.00% 0.00% 1.54% 80.88%
Consumer Cyclical 		0.00% 0.00% 6.59% 80.88%
Basic Materials 		0.00% 0.00% 17.92% 92.65%

Stock Geographic Breakdown

Weighting Return Low Return High OIH % Rank
US 		99.97% 39.74% 100.54% 4.41%
Non US 		0.00% 0.00% 60.26% 83.82%

OIH - Expenses

Operational Fees

OIH Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.35% 0.08% 2.84% 92.65%
Management Fee 0.35% 0.00% 1.25% 14.71%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.06% 0.25% N/A

Sales Fees

OIH Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

OIH Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

OIH Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 28.00% 5.00% 382.00% 25.00%

OIH - Distributions

Dividend Yield Analysis

OIH Category Low Category High OIH % Rank
Dividend Yield 1.54% 0.00% 6.52% 73.53%

Dividend Distribution Analysis

OIH Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Annual

Net Income Ratio Analysis

OIH Category Low Category High OIH % Rank
Net Income Ratio 1.21% -1.80% 4.54% 72.06%

Capital Gain Distribution Analysis

OIH Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

OIH - Fund Manager Analysis

Managers

Peter Liao

Start Date

Tenure

Tenure Rank

Dec 20, 2011

10.45

10.5%

Mr. Liao has been employed by Van Eck Associates Corporation as an analyst since the summer of 2004 and has been a portfolio manager since 2006. Mr. Liao graduated from New York University in 2004 with a Bachelor of Arts in Economics and Mathematics. He is a CFA charterholder.

Guo Hua (Jason) Jin

Start Date

Tenure

Tenure Rank

Mar 12, 2018

4.22

4.2%

Guo Hua (Jason) Jin has been employed by Van Eck Associates Corporation as an analyst since January 2007 and has been a portfolio manager since 2018. Mr. Jin graduated from the State University of New York at Buffalo in 2004 with a Bachelor of Science degree in Business Administration with a concentration in Financial Analysis.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.33 24.18 6.95 0.54

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