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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 10/03/22

  • 30-Day SEC Yield1

    0.89%

  • Total Net Assets

    $2.0B

  • 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
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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

    9,000,543

  • 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
  • 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 10/03/22

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 $226.31
$226.28 		736,560
927,708 		$15.23 / +7.22%
$15.07 / +7.14% 		+22.50%
+22.42% 		$-0.03
-0.01% 		0.06%

Premium/Discount History as of 10/03/22

Calendar Year 2021 4Q 2021 1Q 2022 2Q 2022 3Q 2022 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 136 34 35 30 23
OIH Days closed at NAV 3 2 1 1 1
Days closed at a discount 113 28 26 31 40

Performance History: Average Annual Total Returns* (%)
View All ETFs View All Indices

  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
12/20/11
OIH (NAV) -0.92 -18.40 29.68 30.20 2.93 -10.00 -9.89 -8.78
OIH (Share Price) -0.85 -18.33 29.66 30.24 2.94 -9.99 -9.88 -8.71
MVOIHTR (Index) -0.93 -18.40 29.77 30.46 2.75 -10.04 -10.00 -8.89
Performance Differential (NAV - Index) 0.01 0.00 -0.09 -0.26 0.18 0.04 0.11 0.11
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
12/20/11
OIH (NAV) -20.75 -17.64 25.94 7.22 -6.39 -12.47 -9.03 -9.17
OIH (Share Price) -20.74 -17.68 25.84 7.26 -6.42 -12.48 -9.04 -9.10
MVOIHTR (Index) -20.76 -17.63 26.01 7.45 -6.54 -12.59 -9.15 -9.28
Performance Differential (NAV - Index) 0.01 -0.01 -0.07 -0.23 0.15 0.12 0.12 0.11

*Returns less than one year are not annualized.

The performance data quoted represents past performance. Past performance is not a guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance may be lower or higher than performance data quoted. Please call 800.826.2333 or visit vaneck.com for performance current to the most recent month ended.

The "Net Asset Value" (NAV) of a Fund is determined at the close of each business day, and represents the dollar value of one share of the fundÍž it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as the ETF 's intraday trading value. Investors should not expect to buy or sell shares at NAV.

Top 10 Holdings (%) as of 08/31/22 Daily Holdings

Total Holdings: 25
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full data
Holding Name
Ticker
Shares
 Market Value
(US$) 		% of Net
Assets
Schlumberger Nv
SLB US
12,192,897
 465,159,021 20.02
Halliburton Co
HAL US
8,856,212
 266,837,668 11.48
Baker Hughes Co
BKR US
5,970,938
 150,825,894 6.49
Technipfmc Plc
FTI US
16,305,803
 133,381,469 5.74
Nov Inc
NOV US
7,107,262
 125,585,320 5.40
Tenaris Sa
TS US
4,457,237
 121,771,715 5.24
Championx Corp
CHX US
5,360,282
 116,907,750 5.03
Helmerich & Payne Inc
HP US
2,524,886
 107,938,877 4.64
Patterson-Uti Energy Inc
PTEN US
6,885,588
 102,595,261 4.41
Transocean Ltd
RIG US
28,272,432
 102,346,204 4.40
Top 10 Total (%) 72.86
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 08/31/22

  • Country

    % of Net Assets
  • ■

    United States

    89.09
  • ■

    United Kingdom

    5.74
  • ■

    Netherlands

    5.24
  • ■

    Other/Cash

    -0.07

Sector Weightings (%) as of 08/31/22

  • Sector

    % of Net Assets
  • ■

    Energy

    100.1
  • ■

    Other/Cash

    -0.1