OIH

VanEck Oil Services ETF

$287.30
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The VanEck Oil Services ETF (OIH) seeks to track the performance of the MVIS US Listed Oil Services 25 Index, which is intended to track the overall performance of companies involved in oil services to the upstream oil sector, including oil equipment, oil services, and oil drilling.

Overview

ETF tracking VanEck Oil Services ETF

Category Energy
Issuer VanEck
Inception Date 2011-12-21
Market Cap $1.0B
Average Volume N/A
Dividend Yield 1.89%
52-Week Range $196.72 - $307.26
VWAP $285.57

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The VanEck Oil Services ETF (OIH) seeks to track the performance of the MVIS US Listed Oil Services 25 Index, which is intended to track the overall performance of companies involved in oil services to the upstream oil sector, including oil equipment, oil services, and oil drilling.

🎯 Investment Strategy

The fund invests in a portfolio of companies that are involved in oil services and equipment, with the goal of providing investment results that correspond generally to the price and yield performance of the MVIS US Listed Oil Services 25 Index.

✨ Key Features

  • Provides exposure to the oil services industry, which includes companies that provide equipment and services to oil exploration and production companies
  • Tracks the MVIS US Listed Oil Services 25 Index, which is designed to represent the 25 largest and most liquid companies in the oil services industry
  • Low expense ratio of 0.00%
  • Suitable for investors seeking targeted exposure to the oil services sector

⚠️ Primary Risks

  • Concentration risk, as the fund is focused on a specific industry sector
  • Volatility risk, as the oil services industry can be subject to significant price swings
  • Regulatory and environmental risks, as the oil and gas industry is heavily regulated and can be impacted by changes in policies and regulations
  • Geopolitical risk, as global events and tensions can affect the supply and demand of oil and gas

👤 Best For

The VanEck Oil Services ETF (OIH) may be suitable for investors seeking exposure to the oil services industry as part of a diversified portfolio. It may be particularly appealing to investors with a higher risk tolerance who are comfortable with the volatility and cyclical nature of the oil and gas sector.