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OIH vs. GDXJ
Performance
Return for Risk
Dividends
Drawdowns
Volatility

OIH vs. GDXJ

Last updated Apr 2, 2026

Compare and contrast key facts about VanEck Vectors Oil Services ETF (OIH) and VanEck Vectors Junior Gold Miners ETF (GDXJ).

OIH and GDXJ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. GDXJ is a passively managed fund by VanEck that tracks the performance of the MVIS Global Junior Gold Miners Index. It was launched on Nov 10, 2009. Both OIH and GDXJ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

OIH vs. GDXJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors Oil Services ETF (OIH) and VanEck Vectors Junior Gold Miners ETF (GDXJ). The values are adjusted to include any dividend payments, if applicable.

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OIH vs. GDXJ - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
OIH
VanEck Vectors Oil Services ETF		39.12%6.81%-10.53%3.20%66.17%21.22%-41.19%-3.54%-45.03%-19.66%
GDXJ
VanEck Vectors Junior Gold Miners ETF		10.08%172.28%15.67%7.12%-14.53%-21.25%30.40%40.44%-11.02%8.22%

Returns By Period

In the year-to-date period, OIH achieves a 39.12% return, which is significantly higher than GDXJ's 10.08% return. Over the past 10 years, OIH has underperformed GDXJ with an annualized return of -1.01%, while GDXJ has yielded a comparatively higher 17.88% annualized return.

OIH

1D
-1.99%
1M
0.18%
YTD
39.12%
6M
52.22%
1Y
51.45%
3Y*
14.61%
5Y*
16.68%
10Y*
-1.01%

GDXJ

1D
4.34%
1M
-19.21%
YTD
10.08%
6M
28.26%
1Y
125.16%
3Y*
49.66%
5Y*
23.75%
10Y*
17.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

VanEck Vectors Oil Services ETF

VanEck Vectors Junior Gold Miners ETF

Often compared with OIH:
OIH vs. XLEOIH vs. XOPOIH vs. XESOIH vs. IYEOIH vs. IXCOIH vs. BZ=FOIH vs. DIG
Often compared with GDXJ:
GDXJ vs. GDXGDXJ vs. GLDGDXJ vs. SILJGDXJ vs. GOLDGDXJ vs. SPYGDXJ vs. GLDMGDXJ vs. IAU

OIH vs. GDXJ - Expense Ratio Comparison

OIH has a 0.35% expense ratio, which is lower than GDXJ's 0.54% expense ratio.

GDXJ
VanEck Vectors Junior Gold Miners ETF
OIH
VanEck Vectors Oil Services ETF

Return for Risk

OIH vs. GDXJ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
OIH
OIH Risk / Return Rank: 6969
Overall Rank
OIH Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
OIH Sortino Ratio Rank: 7171
Sortino Ratio Rank
OIH Omega Ratio Rank: 6969
Omega Ratio Rank
OIH Calmar Ratio Rank: 7575
Calmar Ratio Rank
OIH Martin Ratio Rank: 5656
Martin Ratio Rank
GDXJ
GDXJ Risk / Return Rank: 9292
Overall Rank
GDXJ Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
GDXJ Sortino Ratio Rank: 9090
Sortino Ratio Rank
GDXJ Omega Ratio Rank: 8989
Omega Ratio Rank
GDXJ Calmar Ratio Rank: 9494
Calmar Ratio Rank
GDXJ Martin Ratio Rank: 9292
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.

OIH vs. GDXJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Oil Services ETF (OIH) and VanEck Vectors Junior Gold Miners ETF (GDXJ). 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.

OIHGDXJDifference

Sharpe ratio

Return per unit of total volatility

1.36

2.47

-1.11

Sortino ratio

Return per unit of downside risk

1.85

2.63

-0.78

Omega ratio

Gain probability vs. loss probability

1.26

1.38

-0.11

Calmar ratio

Return relative to maximum drawdown

2.06

3.77

-1.71

Martin ratio

Return relative to average drawdown

5.70

13.05

-7.35

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OIH vs. GDXJ - Sharpe Ratio Comparison

The current OIH Sharpe Ratio is 1.36, which is lower than the GDXJ Sharpe Ratio of 2.47. The chart below compares the historical Sharpe Ratios of OIH and GDXJ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

OIHGDXJDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.36

2.47

-1.11

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.45

0.59

-0.14

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.02

0.40

-0.43

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.00

0.08

-0.08

Correlation

The correlation between OIH and GDXJ is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

OIH vs. GDXJ - Dividend Comparison

OIH's dividend yield for the trailing twelve months is around 1.23%, less than GDXJ's 2.12% yield.

TTM20252024202320222021202020192018201720162015
OIH
VanEck Vectors Oil Services ETF		1.23%1.71%2.01%1.36%0.95%0.98%1.23%2.10%2.13%2.60%1.40%2.39%
GDXJ
VanEck Vectors Junior Gold Miners ETF		2.12%2.33%2.61%0.72%0.51%1.78%1.58%0.39%0.45%0.03%4.78%0.72%

Drawdowns

OIH vs. GDXJ - Drawdown Comparison

The maximum OIH drawdown since its inception was -94.45%, which is greater than GDXJ's maximum drawdown of -88.66%. Use the drawdown chart below to compare losses from any high point for OIH and GDXJ.

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Drawdown Indicators

OIHGDXJDifference

Max Drawdown

Largest peak-to-trough decline

-94.45%

-88.66%

-5.79%

Max Drawdown (1Y)

Largest decline over 1 year

-26.13%

-32.92%

+6.79%

Max Drawdown (5Y)

Largest decline over 5 years

-43.80%

-51.76%

+7.96%

Max Drawdown (10Y)

Largest decline over 10 years

-89.62%

-57.77%

-31.85%

Current Drawdown

Current decline from peak

-64.72%

-19.81%

-44.91%

Average Drawdown

Average peak-to-trough decline

-48.75%

-60.90%

+12.15%

Ulcer Index

Depth and duration of drawdowns from previous peaks

9.43%

9.51%

-0.08%

Volatility

OIH vs. GDXJ - Volatility Comparison

The current volatility for VanEck Vectors Oil Services ETF (OIH) is 8.53%, while VanEck Vectors Junior Gold Miners ETF (GDXJ) has a volatility of 19.46%. This indicates that OIH experiences smaller price fluctuations and is considered to be less risky than GDXJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

OIHGDXJDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.53%

19.46%

-10.93%

Volatility (6M)

Calculated over the trailing 6-month period

21.79%

42.52%

-20.73%

Volatility (1Y)

Calculated over the trailing 1-year period

38.09%

50.91%

-12.82%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

37.48%

40.57%

-3.09%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

42.49%

44.46%

-1.97%