IYE vs. OIH
Compare and contrast key facts about iShares U.S. Energy ETF (IYE) and VanEck Vectors Oil Services ETF (OIH).
IYE and OIH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IYE is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Oil & Gas Index. It was launched on Jun 12, 2000. OIH is a passively managed fund by VanEck that tracks the performance of the MVIS US Listed Oil Services 25 Index. It was launched on Dec 20, 2011. Both IYE and OIH are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IYE or OIH.
Key characteristics
| IYE | OIH | |
|---|---|---|
| YTD Return | 11.65% | 4.22% |
| 1Y Return | 21.44% | 29.27% |
| 3Y Return (Ann) | 23.72% | 15.32% |
| 5Y Return (Ann) | 11.78% | 2.22% |
| 10Y Return (Ann) | 2.62% | -9.34% |
| Sharpe Ratio | 1.21 | 1.16 |
| Daily Std Dev | 18.31% | 25.58% |
| Max Drawdown | -73.85% | -94.24% |
| Current Drawdown | -4.32% | -71.33% |
Correlation
The correlation between IYE and OIH is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
IYE vs. OIH - Performance Comparison
In the year-to-date period, IYE achieves a 11.65% return, which is significantly higher than OIH's 4.22% return. Over the past 10 years, IYE has outperformed OIH with an annualized return of 2.62%, while OIH has yielded a comparatively lower -9.34% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IYE vs. OIH - Expense Ratio Comparison
IYE has a 0.42% expense ratio, which is higher than OIH's 0.35% expense ratio.
Risk-Adjusted Performance
IYE vs. OIH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Energy ETF (IYE) and VanEck Vectors Oil Services ETF (OIH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
IYE vs. OIH - Dividend Comparison
IYE's dividend yield for the trailing twelve months is around 2.53%, more than OIH's 1.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IYE iShares U.S. Energy ETF | 2.53% | 2.99% | 3.37% | 2.98% | 4.75% | 6.52% | 3.06% | 2.61% | 2.04% | 3.31% | 1.99% | 1.49% |
OIH VanEck Vectors Oil Services ETF | 1.31% | 1.36% | 0.95% | 0.98% | 1.23% | 2.20% | 2.13% | 2.60% | 1.40% | 2.39% | 2.38% | 1.13% |
Drawdowns
IYE vs. OIH - Drawdown Comparison
The maximum IYE drawdown since its inception was -73.85%, smaller than the maximum OIH drawdown of -94.24%. Use the drawdown chart below to compare losses from any high point for IYE and OIH. For additional features, visit the drawdowns tool.
Volatility
IYE vs. OIH - Volatility Comparison
The current volatility for iShares U.S. Energy ETF (IYE) is 4.55%, while VanEck Vectors Oil Services ETF (OIH) has a volatility of 6.28%. This indicates that IYE experiences smaller price fluctuations and is considered to be less risky than OIH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.