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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
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    State Street Bank and Trust Company
  • Index Ticker

    MVOIHTR
  • Index Rebalancing

    Quarterly

 
as of 01/20/22

  • 30-Day SEC Yield1

    0.63%
  • 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

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

    11,800,543
  • Estimated Cash

    OIHEU
  • Total Cash

    OIHTC
  • CUSIP

    92189H607
  • ISIN

    US92189H6071
Source: Bloomberg

Fees and Expenses*

  • Management Fee

    0.35%
  • Other Expenses

    --
  • Gross Expense Ratio

    0.35%
  • Fee Waivers and
    Expense Reimbursement

    --
  • Net Expense Ratio/TER2

    0.35%
Van 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 01/20/22

NAV/
Market Price
Volume
30-Day Avg./
Last Trading Day
Daily Change
NAV/
Last Price
YTD Change
NAV/
Last Price
Premium/
Discount
Prem/Discount
Distribution Charts
NAV &
Prem/Discount
History
30-Day
Median
Bid Ask
Spread
NAV
Chart
OIH $218.55
$218.57
836,562
1,057,707
-$2.98 / -1.34%
$-2.88 / -1.30%
+18.30%
+18.25%
$0.02
0.01%
0.05%

Premium/Discount History as of 01/20/22

Calendar Year 2020 1Q 2021 2Q 2021 3Q 2021 4Q 2021 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 115 29 41 32 34
OIH Days closed at NAV 6 1 0 0 2
Days closed at a discount 132 31 22 32 28


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) 4.53 -5.35 21.18 21.18 -11.74 -21.24 -11.74 -11.66
OIH (Share Price) 4.62 -5.28 21.17 21.17 -11.73 -21.23 -11.74 -11.58
MVOIHTR (Index) 4.61 -5.26 21.81 21.81 -11.90 -21.36 -11.86 -11.77
Performance Differential (NAV - Index) -0.08 -0.09 -0.63 -0.63 0.16 0.12 0.12 0.11
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
12/20/11
OIH (NAV) 4.53 -5.35 21.18 21.18 -11.74 -21.24 -11.74 -11.66
OIH (Share Price) 4.62 -5.28 21.17 21.17 -11.73 -21.23 -11.74 -11.58
MVOIHTR (Index) 4.61 -5.26 21.81 21.81 -11.90 -21.36 -11.86 -11.77
Performance Differential (NAV - Index) -0.08 -0.09 -0.63 -0.63 0.16 0.12 0.12 0.11

Top 10 Holdings (%) as of 12/31/21 Daily Holdings

Total Holdings: 25
Swipe
to view
full data
Holding Name
Ticker
Shares
Market Value
(US$)
% of Net
Assets
Schlumberger Nv
SLB US
14,467,797
433,310,520 20.13
Halliburton Co
HAL US
10,739,085
245,602,874 11.41
Baker Hughes Co
BKR US
7,771,020
186,970,741 8.69
Tenaris Sa
TS US
5,370,097
112,020,223 5.20
Nov Inc
NOV US
7,567,978
102,546,102 4.76
Patterson-Uti Energy Inc
PTEN US
11,937,216
100,869,475 4.69
Cactus Inc
WHD US
2,631,656
100,345,043 4.66
Championx Corp
CHX US
4,865,416
98,330,057 4.57
Helmerich & Payne Inc
HP US
4,125,181
97,766,790 4.54
Technipfmc Plc
FTI US
15,296,246
90,553,776 4.21
Top 10 Total (%) 72.87
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 12/31/21

  • Country

    % of Net Assets
  • United States

    90.68
  • Netherlands

    5.20
  • United Kingdom

    4.21
  • Other/Cash

    -0.09

Sector Weightings (%) as of 12/31/21

  • Sector

    % of Net Assets
  • Energy

    100.1
  • Other/Cash

    -0.1