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OIH
VanEck Oil Services ETF

Fund Description

VanEck Oil Services ETF (OIH®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® US Listed Oil Services 25 Index (MVOIHTR), which is intended to track the overall performance of U.S.-listed companies involved in oil services to the upstream oil sector, which include oil equipment, oil services, or oil drilling.

 
 

  • Fund Ticker

    OIH
  • Exchange

    NYSE Arca
  • Inception Date

    12/20/2011
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Index Ticker

    MVOIHTR
  • Index Rebalancing

    Quarterly

 
as of 07/01/22

  • 30-Day SEC Yield1

    0.69%
  • Total Net Assets

    $2.6B
  • Number of Holdings

    25
  • Options

    Available
  • Gross Expense Ratio2

    0.35%
  • Net Expense Ratio/TER2

    0.35%
  • Distribution Frequency

    Annual
  • Next Distribution Date

    12/16/2022

Key Points

  • Highly Liquid Companies 
    Index seeks to track the most liquid companies in the industry based on market capitalization and trading volume

  • Industry Leaders 
    Index methodology favors the largest companies in the industry

  • Global Scope 
    Portfolio may include both domestic and U.S. listed foreign companies allowing for enhanced industry representation

Trading Information

  • Fund Ticker

    OIH
  • Index Total Return Ticker

    MVOIHTR
  • NAV

    OIHNV
  • Intraday NAV (IIV)4

    OIHIV
  • Shares Outstanding

    11,400,543
  • Estimated Cash

    OIHEU
  • Total Cash

    OIHTC
  • CUSIP

    92189H607
  • ISIN

    US92189H6071
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.35%
  • Other Expenses

    --
  • Gross Expense Ratio

    0.35%
  • Fee Waivers and
    Expense Reimbursement

    --
  • Net Expense Ratio/TER2

    0.35%

2Van Eck Associates Corporation (the “Adviser”) will pay all expenses of the Fund, except for the fee payment under the investment management agreement, acquired fund fees and expenses, interest expense, offering costs, trading expenses, taxes and extraordinary expenses. Notwithstanding the foregoing, the Adviser has agreed to pay the offering costs until at least May 1, 2023.

Investment Professionals

  • Portfolio Manager and Head of Equity ETFs
  • Oversees the Equity ETF Investment Management Team including development and management of index replication and optimization strategies
  • Joined VanEck in 2005
  • CFA charterholder; member of the CFA Society New York
  • BA, Mathematics and Economics, New York University
  • Portfolio Manager and Analyst for Equity ETFs
  • Joined VanEck in 2007
  • Prior to his current role, held a portfolio administration position at VanEck
  • Previously, Portfolio Analyst at Evaluation Associates
  • BS, Business Administration (concentration in Financial Analysis), State University of New York at Buffalo
  • Analyst for Equity ETFs
  • Joined VanEck in 2018
  • Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
  • BS, Finance, Providence College
  • Analyst for Equity ETFs
  • Joined VanEck in 2019
  • Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
  • BS, Accounting, Hunter College

Prices as of 07/01/22

NAV/
Market
Price
Volume
30-Day Avg./
Last Trading Day
Daily Change
NAV/
Last Price
YTD Change NAV/
Last Price
Premium/
Discount
30-Day
Median
Bid Ask
Spread
NAV
Chart
OIH $231.74
$231.63
1,023,195
704,344
$-0.93 / -0.40%
$-0.97 / -0.42%
+25.44%
+25.31%
$-0.11
-0.05%
0.07%

Premium/Discount History as of 07/01/22

Calendar Year 2021 3Q 2021 4Q 2021 1Q 2022 2Q 2022 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 136 32 34 35 30
OIH Days closed at NAV 3 0 2 1 1
Days closed at a discount 113 32 28 26 31

Performance History: Average Annual Total Returns* (%)

  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
12/20/11
OIH (NAV) 11.21 18.32 58.92 39.33 5.40 -9.14 -6.81 -7.20
OIH (Share Price) 11.26 18.26 58.76 39.17 5.41 -9.14 -6.80 -7.12
MVOIHTR (Index) 11.21 18.38 59.02 39.57 5.24 -9.26 -6.93 -7.30
Performance Differential (NAV - Index) -- -0.06 -0.10 -0.24 0.16 0.12 0.12 0.10
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
12/20/11
OIH (NAV) 13.86 52.92 52.92 49.21 -5.01 -12.88 -8.47 -7.65
OIH (Share Price) 13.86 52.86 52.86 49.23 -5.05 -12.88 -8.46 -7.58
MVOIHTR (Index) 13.88 52.97 52.97 49.48 -5.17 -13.00 -8.59 -7.77
Performance Differential (NAV - Index) -0.02 -0.05 -0.05 -0.27 0.16 0.12 0.12 0.12

Top 10 Holdings (%) as of 05/31/22 Daily Holdings

Total Holdings: 25
Swipe
to view
full data
Holding Name
Ticker
Shares
Market Value
(US$)
% of Net
Assets
Schlumberger Nv
SLB US
16,290,126
748,694,191 20.48
Halliburton Co
HAL US
12,012,799
486,518,360 13.31
Baker Hughes Co
BKR US
8,127,238
292,418,023 8.00
Tenaris Sa
TS US
6,255,040
208,543,034 5.71
Patterson-Uti Energy Inc
PTEN US
9,961,325
190,062,081 5.20
Helmerich & Payne Inc
HP US
3,757,997
189,215,149 5.18
Technipfmc Plc
FTI US
20,910,763
172,304,687 4.71
Nov Inc
NOV US
8,199,011
163,980,220 4.49
Championx Corp
CHX US
6,333,509
147,380,754 4.03
Cactus Inc
WHD US
2,713,750
142,254,775 3.89
Top 10 Total (%) 75.00
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 05/31/22

  • Country

    % of Net Assets
  • United States

    89.32
  • Netherlands

    5.71
  • United Kingdom

    4.71
  • Other/Cash

    0.26

Sector Weightings (%) as of 05/31/22

  • Sector

    % of Net Assets
  • Energy

    99.7
  • Other/Cash

    0.3