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VanEck Vectors Oil Services ETF (OIH)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US92189H6071
CUSIP
92189H607
Issuer
VanEck
Inception Date
Dec 20, 2011
Region
Developed Markets (Broad)
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

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in VanEck Vectors Oil Services ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

VanEck Vectors Oil Services ETF (OIH) has returned 41.94% so far this year and 56.88% over the past 12 months. Over the last ten years, OIH has returned -0.81% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


VanEck Vectors Oil Services ETF

1D
0.57%
1M
1.82%
YTD
41.94%
6M
58.22%
1Y
56.88%
3Y*
15.38%
5Y*
17.15%
10Y*
-0.81%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

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, your 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 11 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%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202622.34%13.94%1.82%41.94%
20252.11%-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%
20238.55%-5.80%-10.86%-1.08%-9.98%16.54%19.52%-0.88%1.26%-5.98%-3.73%0.48%3.20%
202222.18%9.88%13.86%-6.65%11.26%-20.74%3.92%-0.85%-11.87%41.42%1.82%0.99%66.17%
20215.58%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 Vectors Oil Services ETF has an annualized alpha of -2.74%, beta of 1.25, and R² of 0.37 versus S&P 500 Index. Calculated based on daily prices since February 27, 2001.

  • This ETF participated in 140.84% of S&P 500 Index downside but only 118.39% 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
-2.74%
Beta
1.25
0.37
Upside Capture
118.39%
Downside Capture
140.84%

Expense Ratio

OIH has an expense ratio of 0.35%, placing it in the medium range.


Return for Risk

Risk / Return Rank

OIH ranks 73 for risk / return — better than 73% 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.


OIH Risk / Return Rank: 7373
Overall Rank
OIH Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
OIH Sortino Ratio Rank: 7676
Sortino Ratio Rank
OIH Omega Ratio Rank: 7474
Omega Ratio Rank
OIH Calmar Ratio Rank: 7878
Calmar Ratio Rank
OIH Martin Ratio Rank: 5959
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for VanEck Vectors Oil Services ETF (OIH) and compare them to a chosen benchmark (S&P 500 Index).


OIHBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.50

0.90

+0.61

Sortino ratio

Return per unit of downside risk

1.99

1.39

+0.60

Omega ratio

Gain probability vs. loss probability

1.29

1.21

+0.08

Calmar ratio

Return relative to maximum drawdown

2.19

1.40

+0.80

Martin ratio

Return relative to average drawdown

6.08

6.61

-0.52

Explore OIH risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

VanEck Vectors Oil Services ETF provided a 1.20% dividend yield over the last twelve months, with an annual payout of $4.87 per share.


1.00%1.50%2.00%2.50%$0.00$2.00$4.00$6.00$8.00$10.00$12.00$14.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
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

1.20%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 Vectors Oil Services ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$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 Vectors 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 Vectors Oil Services ETF was 94.45%, occurring on Mar 18, 2020. The portfolio has not yet recovered.

The current VanEck Vectors Oil Services ETF drawdown is 64.00%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-94.45%Jun 24, 20082954Mar 18, 2020
-56.13%Mar 9, 2001136Sep 26, 2001860Feb 25, 2005996
-27.89%May 11, 2006101Oct 3, 2006155May 17, 2007256
-19.3%Dec 27, 200728Feb 6, 200846Apr 14, 200874
-14.95%Jan 31, 200627Mar 9, 200628Apr 19, 200655

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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