

VanEck Oil Services ETF
$395.01−0.05 (−0.01%)
- Expense ratio
- 0.35%
- Fund size
- $2.0B
- 1Y return
- +57.7%
- Yield · Last 12 months
- 1.23%
- Holdings
- 26
- Volume · 30D
- 0.3M sh
- NAV per share
- $396.80
- 52W range
The ETF.net OIH Grade
Score 63 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 77Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 30Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 76Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 53Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 71Category rank
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
- 70%
- SLB
Sectors
- Energy100.0%
Geography
- United States86.16%
- Luxembourg4.85%
- Bermuda4.51%
- Switzerland4.47%
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 Sep 22, 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 | +38.7% |
| 1 month | −4.9% |
| 3 months | +1.6% |
| 1 year | +57.7% |
| 3 years | +6.4% |
| 5 years | +18.7% |
| 10 years | −1.6% |
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 | +38.7% | |
| 2025 | +6.8% | |
| 2024 | −10.5% | |
| 2023 | +3.2% | |
| 2022 | +66.2% | |
| 2021 | +21.3% | |
| 2020 | −41.2% |
OIH in the news
OIH Dividends
- 1.23%
- $4.87
- $4.87 per share
- Annual
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Dec 22, 2025 | Dec 26, 2025 | $4.87 |
| Dec 23, 2024 | Dec 24, 2024 | $5.44 |
| Dec 18, 2023 | Dec 22, 2023 | $4.22 |
| Dec 19, 2022 | Dec 23, 2022 | $2.89 |
| Dec 20, 2021 | Dec 27, 2021 | $1.81 |
| Dec 21, 2020 | Dec 28, 2020 | $1.89 |
| Dec 23, 2019 | Dec 30, 2019 | $5.82 |
| Dec 20, 2018 | Dec 27, 2018 | $5.98 |
| Dec 18, 2017 | Dec 22, 2017 | $13.56 |
| Dec 19, 2016 | Dec 23, 2016 | $9.32 |
| Dec 21, 2015 | Dec 28, 2015 | $12.66 |
| Dec 22, 2014 | Dec 29, 2014 | $17.10 |
OIH Risk
- 28.9%
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.
- 0.31
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.


