Oil Services ETF
VanEck Oil Services UCITS ETF | OIHV
Oil Services ETF
VanEck Oil Services UCITS ETF | OIHV
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NAV$23.20
as of 01 Dec 2023 -
Performance since inception14.97%
as of 01 Dec 2023 -
Total Net Assets$8.1 million
as of 01 Dec 2023 -
Total Expense Ratio0.35%
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Inception Date31 Mar 2023
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SFDR ClassificationArticle 6
More Info
Overview
Fund Description
Oil currently represents a large chunk of the global energy consumption and its relevance is projected to remain high also for the decades to come, as the world’s energy demand increases. The events of 2022 have strengthened the case for oil as a mean to ensure energy security and to help gradually carry out the energy transition towards a zero-carbon economy. VanEck Oil Services UCITS ETF enables an investment in the upstream oil sector.
- Invest in 25 US listed companies at the forefront of the upstream oil sector
- Gain exposure to a critical natural resource for energy security and independency
- Traditional inflation protection offered by hard assets
- Companies involved in activities ranging from oil equipment maintenance and production, drilling and technology-based services
Risk: You may lose money up to the total loss of your investment due to Risk of Investing in the Oil Industry, Risk Associated with Fossil Fuels, Regulatory Risk and Concentration Risk as described in the Main Risk Factors, KID and prospectus.
Underlying Index
MarketVector™ US Listed Oil Services 10% Capped Index