OIHVanEck 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 03/24/23
-
30-Day SEC Yield1
0.89% -
Total Net Assets
$2.3B -
Number of Holdings
25 -
Options
Available -
Gross Expense Ratio2
0.35% -
Net Expense Ratio/TER2
0.35% -
Distribution Frequency
Annual -
Next Distribution Date
12/15/2023
Key Documents and Links
Fund Highlights
- 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
8,750,543 -
Estimated Cash
OIHEU -
Total Cash
OIHTC -
CUSIP
92189H607 -
ISIN
US92189H6071
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%
Notwithstanding the foregoing, the Adviser has agreed to pay the offering costs until at least May 1, 2023.
Investment Professionals
Peter Liao, CFA
- 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
Griffin Driscoll
- Analyst for Equity ETFs
- Joined VanEck in 2018
- Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
- BS, Finance, Providence College
Ralph Lasta
- Analyst for Equity ETFs
- Joined VanEck in 2019
- Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
- BS, Accounting, Hunter College
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) | -5.91 | 2.85 | 2.16 | 26.37 | 21.39 | -6.79 | -8.10 | -6.18 |
OIH (Share Price) | -5.80 | 3.20 | 2.25 | 26.49 | 21.33 | -6.76 | -8.08 | -6.10 |
MVOIHTR (Index) | -5.92 | 2.95 | 2.18 | 26.65 | 21.30 | -6.84 | -8.21 | -6.27 |
Performance Differential (NAV - Index) | 0.01 | -0.10 | -0.02 | -0.28 | 0.09 | 0.05 | 0.11 | 0.09 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 12/20/11 |
|
---|---|---|---|---|---|---|---|---|
OIH (NAV) | 0.67 | 45.41 | 66.14 | 66.14 | 5.72 | -8.86 | -7.33 | -6.45 |
OIH (Share Price) | 0.92 | 45.33 | 66.07 | 66.07 | 5.79 | -8.88 | -7.33 | -6.38 |
MVOIHTR (Index) | 0.75 | 45.57 | 66.49 | 66.49 | 5.57 | -8.90 | -7.44 | -6.54 |
Performance Differential (NAV - Index) | -0.08 | -0.16 | -0.35 | -0.35 | 0.15 | 0.04 | 0.11 | 0.09 |
Top 10 Holdings (%) as of 02/28/23
Daily HoldingsHolding Name |
Ticker
|
Shares
|
Market Value (US$) |
% of Net Assets |
---|---|---|---|---|
Schlumberger Nv |
SLB US
|
8,893,564
|
473,226,540 | 19.28 |
Halliburton Co |
HAL US
|
7,178,439
|
260,074,845 | 10.60 |
Baker Hughes Co |
BKR US
|
6,861,370
|
209,957,922 | 8.56 |
Transocean Ltd |
RIG US
|
23,422,007
|
163,719,829 | 6.67 |
Technipfmc Plc |
FTI US
|
8,718,490
|
133,305,712 | 5.43 |
Nov Inc |
NOV US
|
5,446,385
|
119,166,904 | 4.86 |
Tenaris Sa |
TS US
|
3,434,387
|
113,369,115 | 4.62 |
Valaris Ltd |
VAL US
|
1,638,215
|
110,169,959 | 4.49 |
Championx Corp |
CHX US
|
3,531,274
|
107,951,046 | 4.40 |
Helmerich & Payne Inc |
HP US
|
2,186,805
|
92,020,754 | 3.75 |
Top 10 Total (%) | 72.66 |
Country Weightings (%)
as of 02/28/23
Country | % of Net Assets |
---|---|
● United States | 85.54 |
● United Kingdom | 5.43 |
● Netherlands | 4.62 |
● Bermuda | 4.49 |
● Other/Cash | -0.08 |
Sector Weightings (%)
as of 02/28/23
Sector | % of Net Assets |
---|---|
● Energy | 100.08 |
● Other/Cash | -0.08 |