

VanEck Oil Services ETF
$390.48+1.78 (+0.46%)
- 0.35%
- $1.8B
- +63.1%
- 1.25%
- 0.3M sh
- $388.56
- low $243.16high $459.28
The ETF.net OIH Grade
Score 64 out of 100
- 2 of 11
Score 64 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A77 out of 100Rank 2 of 11Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D31 out of 100Rank 8 of 11Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A82 out of 100Rank 2 of 11Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C51 out of 100Rank 7 of 11Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A71 out of 100Rank 3 of 11
Our read on OIH
BOIH skips the barrels and buys the picks and shovels: the drillers, equipment makers and service crews that get paid to punch holes in the ground. Roughly two dozen U.S.-listed names, running since 2011, priced below the energy-fund norm.
The fund seeks to track the price and yield performance of an index representing U.S.-listed companies involved in upstream oil services, including oil equipment, oil services, and oil drilling.
Why people hold it
- Owns the toolmakers, not the oil: upstream equipment, services and drilling companies. A different engine than a fund stuffed with producers.vaneck.com
- 0.35% a year, a shade under the typical fee in its energy cohort and level with XOP, the broad exploration-and-production alternative.
- A billion-dollar-plus fund whose trading quality rates among the best in its energy peer group, so getting in and out is rarely the expensive part.
- The lineup comes from a published rulebook, the MVIS US Listed Oil Services 25 Index, not a manager's hunch about which driller wins next.vaneck.com
Worth knowing
- Roughly two dozen stocks in one slice of one sector. That concentration cuts both ways and makes this the jumpier end of energy.
- You own contractors, not reserves. Their sales track what customers spend on drilling, which is a step removed from the oil price itself.vaneck.com
- Cash comes back once or twice a year at most, so income is a byproduct of the strategy rather than the point of it.
OIH Holdings
- Stocks
- 26
- 71%
- SLB
Sectors
- Energy98.9%
- Industrials1.1%
Geography
- United States84.80%
- Luxembourg5.45%
- Bermuda4.91%
- Switzerland4.84%
OIH Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | OIH |
|---|---|
| Year to date | +36.5% |
| 1 month | −7.6% |
| 3 months | +2.2% |
| 1 year | +63.1% |
| 3 years | +6.4% |
| 5 years | +14.1% |
| 10 years | −2.6% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | OIH |
|---|---|---|
| 2026 YTD | +36.5% | |
| 2025 | +6.8% | |
| 2024 | −10.5% | |
| 2023 | +3.2% | |
| 2022 | +66.2% | |
| 2021 | +21.3% | |
| 2020 | −41.2% |
OIH in the news
OIH Dividends
- 1.25%
- $4.87
- $4.87 per share
- Annual
Distribution history
OIH Risk
- 29.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.15
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −43.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.57
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
OIH Cost
- The middle half of Oil & Gas Producers funds
- Median 0.39%
1 of the 10 Oil & Gas Producers funds charge less.
Other funds in Oil & Gas Producers
- AXOPState Street SPDR S&P Oil & Gas Exploration & Production ETFExpense ratio 0.35%1 year return +59.9%
- BPBOGPortfolio Building Block Integrated Oil and Gas and Exploration and Production Index ETFExpense ratio 0.13%1 year return —
- BIEOiShares U.S. Oil & Gas Exploration & Production ETFExpense ratio 0.37%1 year return +70.7%
- BFTXNFirst Trust Nasdaq Oil & Gas ETFExpense ratio 0.60%1 year return +56.5%
- CTPYPTortoise North American Pipeline ETFExpense ratio 0.40%1 year return +23.7%


