- ISIN
- US92189H6071
- CUSIP
- 92189H607
- Issuer
- VanEck
- Inception Date
- Dec 20, 2011
- Region
- Global (Broad)
- Category
- Energy Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- MVIS US Listed Oil Services 25 Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Value
- Assets Under Management
- $2B
Share Price Chart
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Performance
OIH Performance Chart
VanEck Oil Services ETF (OIH) is up 36.6% since the beginning of the year. OIH is currently trading at $389 per share. Investors who bought $1,000 worth of OIH shares 5 years ago would now be looking at an investment worth $1,836.
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Returns By Period
VanEck Oil Services ETF (OIH) has returned 36.57% so far this year and 62.91% over the past 12 months. Over the last ten years, OIH has returned -2.21% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
VanEck Oil Services ETF
- 1D
- 0.89%
- 1M
- -12.40%
- YTD
- 36.57%
- 6M
- 36.72%
- 1Y
- 62.91%
- 3Y*
- 15.27%
- 5Y*
- 12.92%
- 10Y*
- -2.21%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
OIH Monthly Returns History
Based on dividend-adjusted daily data since Feb 26, 2001, OIH's average daily return is +0.03%, while the average monthly return is +0.59%. At this rate, an investment would double in approximately 9.8 years.
Historically, 54% of months were positive and 46% were negative. The best month was Nov 2020 with a return of +44.1%, while the worst month was Mar 2020 at -55.2%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 6 months.
On a daily basis, OIH closed higher 50% of trading days. The best single day was Oct 13, 2008 with a return of +21.8%, while the worst single day was Mar 9, 2020 at -32.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 22.34% | 13.94% | 1.82% | 10.89% | -6.69% | -7.01% | 36.57% | ||||||
| 2025 | 2.11% | -3.82% | -1.60% | -20.24% | 3.63% | 6.30% | 5.83% | 5.39% | 1.19% | 9.15% | 2.09% | 0.04% | 6.81% |
| 2024 | -5.49% | 1.56% | 13.21% | -6.94% | 2.68% | -1.62% | 6.70% | -11.50% | -4.98% | -3.22% | 10.46% | -8.70% | -10.53% |
| 2023 | 8.55% | -5.80% | -10.86% | -1.08% | -9.98% | 16.54% | 19.52% | -0.88% | 1.26% | -5.98% | -3.73% | 0.48% | 3.20% |
| 2022 | 22.18% | 9.88% | 13.86% | -6.65% | 11.26% | -20.74% | 3.92% | -0.85% | -11.87% | 41.42% | 1.82% | 0.99% | 66.17% |
| 2021 | 5.58% | 23.43% | -4.75% | -4.45% | 16.56% | 2.84% | -12.82% | -2.67% | 6.04% | 6.72% | -15.16% | 4.67% | 21.22% |
Benchmark Metrics
VanEck Oil Services ETF has an annualized alpha of -3.35%, beta of 1.24, and R2 of 0.37 versus S&P 500 Index. Calculated based on daily prices since February 26, 2001.
- This ETF participated in 141.43% of S&P 500 Index downside but only 115.57% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.37 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- -3.35%
- Beta
- 1.24
- R²
- 0.37
- Upside Capture
- 115.57%
- Downside Capture
- 141.43%
Expense Ratio
OIH has an expense ratio of 0.35%, placing it in the medium range.
Return for Risk
Risk / Return Rank
OIH ranks 68 for risk / return — better than 68% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for VanEck Oil Services ETF (OIH) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| OIH | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.37 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 4.19 | 2.78 | +1.41 |
| Martin ratioReturn relative to average drawdown | 15.08 | 12.44 | +2.65 |
Dividends
Dividend History
VanEck Oil Services ETF provided a 1.25% dividend yield over the last twelve months, with an annual payout of $4.87 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $4.87 | $4.87 | $5.44 | $4.22 | $2.89 | $1.81 | $1.89 | $5.56 | $5.98 | $13.56 | $9.32 | $12.66 |
Dividend yield | 1.25% | 1.71% | 2.01% | 1.36% | 0.95% | 0.98% | 1.23% | 2.10% | 2.13% | 2.60% | 1.40% | 2.39% |
Monthly Dividends
The table displays the monthly dividend distributions for VanEck Oil Services ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.87 | $4.87 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $5.44 | $5.44 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.22 | $4.22 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.89 | $2.89 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.81 | $1.81 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the VanEck Oil Services ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the VanEck Oil Services ETF was 94.45%, occurring on Mar 18, 2020. The portfolio has not yet recovered.
The current VanEck Oil Services ETF drawdown is 65.37%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -94.45%Mar 2020 | 11y 9mo | — | 18y 3dJun 2008 - now |
Dot-com crash2000–2002 | -56.13%Sep 2001 | 6mo 21d | 3y 5mo | 3y 11moMar 2001 - Feb 2005 |
2006 bear market2006 | -27.89%Oct 2006 | 4mo 25d | 7mo 16d | 1y 6dMay 2006 - May 2007 |
Financial crisis2007–2009 | -19.30%Feb 2008 | 1mo 11d | 2mo 8d | 3mo 19dDec 2007 - Apr 2008 |
2006 correction2006 | -14.95%Mar 2006 | 1mo 7d | 1mo 11d | 2mo 18dJan 2006 - Apr 2006 |
Drawdown Indicators
| OIH | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.45% | -56.78% | -37.67% |
Max Drawdown (1Y)Largest decline over 1 year | -15.08% | -9.10% | -5.98% |
Max Drawdown (3Y)Largest decline over 3 years | -43.80% | -18.90% | -24.90% |
Max Drawdown (5Y)Largest decline over 5 years | -43.80% | -25.43% | -18.37% |
Max Drawdown (10Y)Largest decline over 10 years | -89.62% | -33.92% | -55.70% |
Current DrawdownCurrent decline from peak | -65.37% | -1.80% | -63.57% |
Average DrawdownAverage peak-to-trough decline | -48.86% | -10.71% | -38.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.26% | 2.03% | +2.23% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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