VanEck Vectors Oil Services ETF (OIH) belongs to the Energy Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with OIH. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to OIH
OIH charges 0.35% annually. There are 6 ETFs in the Energy Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity MSCI Energy Index ETF | 0.08% | 2.03B | Oct 2013 | OIH vs FENY | |
| State Street Energy Select Sector SPDR ETF | 0.08% | 38.95B | Dec 1998 | OIH vs XLE | |
| Vanguard Energy ETF | 0.10% | 12.70B | Sep 2004 | OIH vs VDE | |
| Portfolio Building Block Integrated Oil & Gas and ... | 0.13% | 11.66M | Nov 2025 | OIH vs PBOG | |
| Global X PureCap MSCI Energy ETF | 0.15% | — | Jul 2025 | OIH vs GXPE |
Best Risk-Adjusted Alternatives to OIH
OIH has a PortfoliosLab risk / return rank of 91. There are 5 ETFs in the Energy Equities category with higher risk-adjusted ranks, going as high as 93.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Oil Refiners ETF | 93 | 171.68M | Aug 2015 | OIH vs CRAK | |
| SPDR S&P Oil & Gas Equipment & Services ETF | 92 | 578.84M | Jun 2006 | OIH vs XES | |
| American Beacon GLG Natural Resources ETF | 91 | 287.08M | Feb 2024 | OIH vs MGNR | |
| Invesco Dynamic Oil & Gas Services ETF | 91 | 128.85M | Oct 2005 | OIH vs PXJ | |
| Ishares Lithium Miners And Producers ETF | 91 | 25.66M | Jun 2023 | OIH vs ILIT |
Top Performing OIH Alternatives (YTD)
OIH is at 51.16% YTD. There is 1 ETF in the Energy Equities category with a higher YTD return, going as high as 51.54%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR S&P Oil & Gas Equipment & Services ETF | 51.54% | 578.84M | Jun 2006 | OIH vs XES | |
| iShares U.S. Oil Equipment & Services ETF | 47.79% | 636.98M | May 2006 | OIH vs IEZ | |
| Invesco Dynamic Oil & Gas Services ETF | 47.03% | 128.85M | Oct 2005 | OIH vs PXJ | |
| WEBs Energy XLE Defined Volatility ETF | 42.81% | — | Jul 2025 | OIH vs DVXE | |
| Invesco S&P SmallCap Energy ETF | 41.92% | 118.68M | Apr 2010 | OIH vs PSCE |
Lowest Volatility Alternatives to OIH
OIH has 29.52% 1-year volatility. There are 54 ETFs in the Energy Equities category with lower 1-year volatility, going as low as 9.04%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ClearBridge Sustainable Infrastructure ETF | 9.04% | 12.46M | Dec 2022 | OIH vs INFR | |
| Macquarie Global Listed Infrastructure ETF | 10.78% | 6.30M | Nov 2023 | OIH vs BILD | |
| FT Energy Income Partners Strategy ETF | 11.21% | 523.56M | Nov 2022 | OIH vs EIPX | |
| Bny Mellon Global Infrastructure Income ETF | 11.63% | 1.08B | Nov 2022 | OIH vs BKGI | |
| Westwood Salient Enhanced Midstream Income ETF | 12.12% | 152.76M | Apr 2024 | OIH vs MDST |
Lowest Drawdown Alternatives to OIH
OIH has a 1-year max drawdown of -9.54%. There are 21 ETFs in the Energy Equities category with shallower 1-year drawdowns, going as shallow as -4.12%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Energy Income Partners Strategy ETF | -4.12% | 523.56M | Nov 2022 | OIH vs EIPX | |
| iShares North American Natural Resources ETF | -5.54% | 803.30M | Oct 2001 | OIH vs IGE | |
| Macquarie Global Listed Infrastructure ETF | -6.05% | 6.30M | Nov 2023 | OIH vs BILD | |
| TrueShares Eagle Global Renewable Energy Income ET... | -6.06% | 7.72M | Dec 2022 | OIH vs RNWZ | |
| Bny Mellon Global Infrastructure Income ETF | -6.16% | 1.08B | Nov 2022 | OIH vs BKGI |
Other ETFs from VanEck
The 10 most viewed VanEck ETFs shown here include SMH, GDX, NLR and span 10 categories. AUM among these funds goes as high as $68B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| VanEck Semiconductor ETF | Semiconductors, Technology Equities | 96 | 75.55% | 67.82B | Dec 2011 | OIH vs SMH | |
| VanEck Gold Miners ETF | Gold, Precious Metals | 40 | 2.66% | 27.13B | May 2006 | OIH vs GDX | |
| VanEck Vectors Uranium+Nuclear Energy ETF | Alternative Energy Equities | 30 | 11.25% | 4.87B | Aug 2007 | OIH vs NLR | |
| VanEck Vectors Junior Gold Miners ETF | Materials | 40 | 1.93% | 8.65B | Nov 2009 | OIH vs GDXJ | |
| VanEck Vectors Morningstar Wide Moat ETF | Large Cap Blend Equities | 33 | 0.44% | 11.84B | Apr 2012 | OIH vs MOAT | |
| VanEck Fabless Semiconductor ETF | Semiconductors, Technology Equities | 94 | 76.78% | 271.12M | Aug 2024 | OIH vs SMHX | |
| VanEck Vectors Rare Earth/Strategic Metals ETF | Materials | 90 | 38.23% | 3.01B | Oct 2010 | OIH vs REMX | |
| VanEck BDC Income ETF | Financials Equities | 4 | -6.86% | 1.57B | Feb 2013 | OIH vs BIZD | |
| VanEck Bitcoin Trust | Cryptocurrency | 2 | -23.13% | 1.22B | Jan 2024 | OIH vs HODL | |
| VanEck Vectors Investment Grade Floating Rate ETF | Corporate Bonds | 99 | 1.95% | 2.75B | Apr 2011 | OIH vs FLTR |
Often Compared With OIH
Investors most often compare OIH with XOP, IXC, IYE. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare OIH with Any Fund or Stock
Compare OIH with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair OIH with funds that move differently
VanEck Vectors Oil Services ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to OIH.
Explore OIH Diversifiers