Vaneck Vectors Oil Services ETF OIH A Comprehensive Investment Guide

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The VanEck Vectors Oil Services ETF (OIH) is a popular investment option for those looking to tap into the oil and gas industry. OIH tracks the Arca Oil & Gas Index, which includes companies that provide services to the oil and gas industry.

The fund is designed to provide investors with exposure to the oil and gas service sector, which includes companies that provide drilling services, equipment, and other support services to the industry. OIH holds a diverse portfolio of over 30 securities.

One of the key benefits of OIH is its ability to provide investors with a convenient and cost-effective way to gain exposure to the oil and gas service sector. The fund has a low expense ratio of 0.35%.

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Fund Details

The VanEck Vectors Oil Services ETF (OIH) is an interesting fund to explore. Here are some key details about it.

The fund's legal name is VanEck Oil Services ETF. It's a part of the VANECKFUND family.

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It was launched on December 20, 2011. This is a notable date, as it marks the fund's inception.

The fund has a significant number of outstanding shares, with 12,450,543 shares available.

The currency in which the fund is traded is USD.

Here are the fund's key details in a concise table:

The fund's manager is Peter Liao, who oversees the fund's operations.

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Performance

The VanEck Vectors Oil Services ETF (OIH) has had a mixed performance over the years, with some significant ups and downs. In the current year, OIH has returned 4.99%.

OIH's portfolio turnover rate is relatively low at 17%, which means it tends to hold onto its assets for a longer period. This is in contrast to the average portfolio turnover rate of 36% for the Equity Energy category.

The table below shows OIH's performance over the past few years, including its return ranking within the category.

OIH's maximum loss over the past year was -18.63%, which is a significant decline. However, its capture ratio down 1 year was 100.10%, indicating that it was able to capture the majority of the category's losses.

Investment Information

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The VanEck Vectors Oil Services ETF (OIH) is a fund that tracks the performance of the oil and gas industry. It was launched on December 20, 2011.

The fund has a total of 12,450,543 shares outstanding, and its currency is USD. It's domiciled in the US and managed by Peter Liao.

Here's a breakdown of the top holdings in the fund:

Fund Classification

Fund Classification is a crucial aspect of investing, and understanding the different types of funds can help you make informed decisions. Equity funds, for example, invest in stocks and can be further categorized into large-cap, mid-cap, and small-cap funds.

Equity funds can be divided into domestic and international funds, with domestic funds investing in stocks of companies within the investor's home country.

Investors should consider their risk tolerance and investment goals when choosing a fund. A fund's asset allocation can significantly impact its performance, with a mix of stocks and bonds often providing a more stable return.

Investors can also choose from a range of fund styles, including growth, value, and income funds. Growth funds aim to provide long-term capital appreciation, while value funds seek to identify undervalued stocks.

Fund Manager Analysis

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Fund Manager Analysis is a crucial aspect of investment information. A good fund manager can make all the difference in your investment returns.

They have a proven track record of success, with a minimum of 5 years of experience in the industry. This experience allows them to navigate market fluctuations with ease.

Their investment style is often a mix of active and passive management, with a focus on long-term growth. This approach helps to minimize risks and maximize returns.

Fund managers often have a team of analysts who help them make informed investment decisions. These analysts provide valuable insights and data to support the fund manager's decisions.

Their investment strategy is often based on a combination of fundamental and technical analysis. This approach helps to identify potential investment opportunities and avoid potential pitfalls.

Composition of

Let's take a closer look at the composition of the VanEck Oil Services ETF - USD. The top holdings in this ETF include Schlumberger Limited, Baker Hughes Company, and Halliburton Company.

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Schlumberger Limited makes up a significant 20.01% of the ETF's weight, with a price of $40.64 USD and a 1st Jan change of +6.00%. Baker Hughes Company is another major holding, with a weight of 13.90% and a price of $45.72 USD. Halliburton Company also features prominently, with a weight of 7.44% and a price of $28.91 USD.

Here's a breakdown of the top 5 holdings in the VanEck Oil Services ETF - USD:

These companies are all major players in the oil services industry, and their presence in the ETF suggests that they are likely to have a significant impact on the fund's performance.

Fees and Expenses

The fees and expenses associated with the VanEck Vectors Oil Services ETF (OIH) are something to consider. The expense ratio is 0.35% of the fund's assets under management (AUM).

This fee is actually pretty standard for the Equity Energy category. The average expense ratio for funds in this category is around 0.35%. In fact, the OIH expense ratio is right in line with the category average.

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One thing to note is that the OIH has a relatively low portfolio turnover rate of 17%. This can help keep costs down and potentially lead to higher after-tax returns. By comparison, the average portfolio turnover rate for the Equity Energy category is a much higher 36%.

The OIH's management fee is also 0.35% of AUM, which is the same as the expense ratio. This is a bit higher than the category average of 0.14%. However, it's still a relatively small fee compared to other investment options.

Here's a breakdown of the OIH's fees and expenses:

Overall, the OIH's fees and expenses are relatively standard for the Equity Energy category. However, it's always a good idea to carefully review the fees associated with any investment before making a decision.

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Dividend Information

The Dividend Information section is a crucial part of understanding the Vaneck Vectors Oil Services ETF (OIH).

The dividend yield of OIH is 1.91%, which is significantly lower than the category high of 6.52%.

Dividend distribution frequency is annual for OIH, just like the category low. In fact, 75% of the category is distributed annually, making it a common practice.

The dividend distribution frequency for OIH is consistent with the category median.

Company Information

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The management team of VanEck Oil Services ETF (OIH) has an average tenure of 6.86 years, with Peter Liao on board since 2011 and Ralph Lasta joining in 2024.

The ETF has a primary benchmark, the MVIS US Listed Oil Services 25 NR USD index, with a weighting of 100%. This is a key factor in determining the fund's performance.

VanEck Oil Services ETF has 26 securities in its portfolio, with the top 10 holdings making up 71.6% of the ETF's assets. This concentration of holdings is a characteristic of nondiversified funds, which the ETF meets the SEC requirement for.

The fund has no bond allocation, with 0.0% of its portfolio invested in domestic or foreign bonds, and 0.0% in convertible bonds.

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Company Profile

VanEck Oil Services ETF is an exchange traded fund launched and managed by Van Eck Associates Corporation. It's a US-based fund that invests in public equity markets.

The fund focuses on companies operating in the energy sector, specifically in energy equipment and services, oil and gas drilling, and oil and gas equipment and services. It's a great way to diversify your portfolio.

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VanEck Oil Services ETF was formed on December 20, 2011, and is domiciled in the United States. This fund is a solid choice for those looking to invest in the oil and gas industry.

Here are some key characteristics of the fund:

The fund invests in growth and value stocks of companies across diversified market capitalization, seeking to track the performance of the MVIS US Listed Oil Services 25 Index.

About VanEck

VanEck Oil Services ETF has a management team with an average tenure of 6.86 years, with Peter Liao and Ralph Lasta having been part of the team since 2011 and 2024 respectively.

The ETF has one primary benchmark, the MVIS US Listed Oil Services 25 NR USD index, which accounts for 100% of its weighting.

VanEck Oil Services ETF has 26 securities in its portfolio, with the top 10 holdings making up 71.6% of the ETF's assets.

The ETF is classified as a nondiversified fund, meeting the SEC requirement.

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VanEck Oil Services ETF has no ESG focus in its investment selection and management.

The ETF has 5.2% of its portfolio invested in foreign issues, with 94.9% allocated to domestic stocks.

The bond allocation in the ETF is 0.0% of total assets, with no allocation to domestic, foreign, or convertible bonds.

VanEck Oil Services ETF has no cash allocation in its portfolio.

The ETF has a trailing dividend yield of 2.01%, which is below the 2.49% category average.

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Chart and Graphs

The Vaneck Vectors Oil Services ETF (OIH) is a great investment option for those looking to tap into the oil and gas services sector.

The fund tracks the MVIS Global Oil Services Index, which includes companies that derive a significant portion of their revenue from oil and gas services.

OIH has a total of 34 holdings, with the top 5 holdings accounting for approximately 40% of the fund's assets.

The fund has a low expense ratio of 0.40%, making it an attractive option for cost-conscious investors.

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The oil and gas services sector is a crucial component of the global energy industry, accounting for over 20% of the industry's total revenue.

The fund's top holdings include Schlumberger, Halliburton, and Baker Hughes, all of which are well-established players in the oil and gas services industry.

OIH has a 5-year annualized return of 17.4%, outperforming the S&P 500 over the same period.

The fund's performance has been driven by the growing demand for oil and gas services in emerging markets.

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News and Updates

Oil prices have been on the rise due to concerns about tightening global supply, with oil prices extending their rally on soft US inflation.

Oil prices have surged to a five-month high amid tight supplies and Russia sanctions.

US inventory declines have heightened supply concerns, leading to a rise in oil prices.

Oil Services News

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Natural Gas and Oil are poised for a rally, according to recent market analysis.

Energy stocks have outpaced the broad equity market, with crude oil prices falling to their lowest point since January.

Some possible long-term support on the chart for oil prices suggests a potential bottom.

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News

Oil prices have been making headlines lately, and for good reason. Oil prices have extended their rally on soft US inflation and concerns of tightening global supply.

A key factor contributing to this rally is the decline in US oil inventory, which has heightened supply concerns. This has led to oil prices rising.

The WTI, or West Texas Intermediate, has declined below $79.00, but only after prospects improved for a Gaza ceasefire. This is a significant development, as it could potentially ease tensions in the region and impact oil prices.

The US Department of Energy's pick, who was recently announced, has pledged to "unleash" LNG and nuclear power by paring bureaucracy. This could lead to increased energy production and lower prices.

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Oil prices have surged to a five-month high amid tight supplies and Russia sanctions. This is a concerning trend, especially for consumers who rely on affordable energy.

Here are some key events that have impacted oil prices recently:

  • Oil prices rose due to soft US inflation and concerns of tightening global supply.
  • US oil inventory declined, heightening supply concerns.
  • WTI declined below $79.00 after prospects improved for a Gaza ceasefire.
  • The US Department of Energy's pick pledged to "unleash" LNG and nuclear power by paring bureaucracy.
  • Oil prices surged to a five-month high amid tight supplies and Russia sanctions.

Grades and Ratings

The VanEck Vectors Oil Services ETF (OIH) has received some disappointing grades, particularly in the short-term. It has returned -10.6% year to date, which is 9.4 percentage points worse than the category, earning an F grade.

The fund's one-year return of -10.6% also earned an F grade, while its three-year return of 15.4% and five-year return of 1.8% earned D and F grades, respectively. The 10-year return of -7.7% also received an F grade.

Here's a summary of the fund's grades over different time periods:

Total Return Ranking

The Total Return Ranking is a crucial metric to understand when evaluating the performance of an investment. It's a way to compare the returns of different investments within a specific category.

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In the Total Return Ranking, the OIH Return for 2022 was 66.2%, which significantly outperformed the Category Return Low of -8.0% and the Category Return High of 88.5%. This suggests that the OIH Return was a standout performer in its category that year.

Looking at the rankings, the OIH Return ranked 4.48% in its category in 2022, indicating that it was among the top performers. In contrast, the OIH Return ranked 94.03% in its category in 2024, indicating that it was a weaker performer that year.

Here's a comparison of the OIH Return and Category Return Low for each year:

The OIH Return was significantly lower than the Category Return Low in 2024, indicating a weaker performance that year.

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Grades

The Grades section of the article provides a clear picture of how the VanEck Oil Services ETF has performed over the years. The ETF has returned -10.6% over the past year, which is a grade of F.

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The fund's performance is compared to its category, and it's clear that it's been struggling to keep up. In fact, it's 9.4 percentage points worse than the category over the past year, which is a significant difference.

Here's a breakdown of the ETF's grades over the past few years:

As you can see, the ETF has received poor grades in recent years, which suggests that it may not be the best investment choice for those looking for stable returns. However, it's worth noting that the fund has had some positive years, such as 2022 when it returned 66.3%.

Overall, the grades provided in this section give investors a clear idea of the VanEck Oil Services ETF's performance and whether it's a good fit for their investment goals.

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Frequently Asked Questions

Is OIH a buy?

Analysts have a Moderate Buy consensus on OIH, indicating a neutral to slightly positive outlook. If you're considering buying OIH, it's worth exploring the latest analyst opinions and market trends for a more informed decision.

Angie Ernser

Senior Writer

Angie Ernser is a seasoned writer with a deep interest in financial markets. Her expertise lies in municipal bond investments, where she provides clear and insightful analysis to help readers understand the complexities of municipal bond markets. Ernser's articles are known for their clarity and practical advice, making them a valuable resource for both novice and experienced investors.

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