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About VanEck Oil Services ETF
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Inception date
Dec 20, 2011
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
ISIN
US92189H6071
OIH had a makeover in late 2011 as the old 'Oil HOLDRS' was taken over by Van Eck and turned into a living, breathing ETF, with new management, and a simple strategy aimed at capturing the 25 largest and most liquid US-listed oil services companies. Although a fraction of its portfolio is focused overseas, OIH overweights the US and makes its own sector bets. Overall, the OIH offers extremely concentrated exposure with a strong bias to US-firms. The index is rebalanced semi-annually.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Industrial Services
Stocks99.86%
Industrial Services85.66%
Non-Energy Minerals4.70%
Transportation3.50%
Producer Manufacturing2.88%
Energy Minerals1.83%
Utilities1.28%
Bonds, Cash & Other0.14%
Cash0.14%
Stock breakdown by region
North America91.79%
Europe8.21%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
OIH invests in stocks. The fund's major sectors are Industrial Services, with 85.66% stocks, and Non-Energy Minerals, with 4.70% of the basket. The assets are mostly located in the North America region.
OIH top holdings are Schlumberger Limited and Baker Hughes Company Class A, occupying 22.72% and 15.35% of the portfolio correspondingly.
OIH last dividends amounted to 5.44 USD. The year before, the issuer paid 4.22 USD in dividends, which shows a 22.35% increase.
Yes, OIH pays dividends to its holders with the dividend yield of 2.13%. The last dividend (Dec 24, 2024) amounted to 5.44 USD. The dividends are paid annually.
OIH shares are issued by Van Eck Associates Corp. under the brand VanEck. The ETF was launched on Dec 20, 2011, and its management style is Passive.
OIH expense ratio is 0.35% meaning you'd have to pay 0.35% of your investment to help manage the fund.
OIH follows the MVIS US Listed Oil Services 25. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
OIH invests in stocks.