OIH vs. JPLD

Last updated Jun 5, 2026

OIH (VanEck Vectors Oil Services ETF) and JPLD (J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF) are both exchange-traded funds - OIH is a Energy Equities fund tracking the MVIS US Listed Oil Services 25 Index, while JPLD is a Short-Term Bond fund actively managed by JPMorgan. OIH is passively managed, while JPLD is actively managed. Over the past year, OIH returned 99.03% vs 4.61% for JPLD. At a correlation of -0.08, they often move in opposite directions. OIH charges 0.35%/yr vs 0.24%/yr for JPLD.

Performance

OIH vs. JPLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors Oil Services ETF (OIH) and J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OIH achieves a 54.15% return, which is significantly higher than JPLD's 1.12% return.

OIH

• 1D: 1.80%
• 1M: -0.39%
• YTD: 54.15%
• 6M: 45.31%
• 1Y: 99.03%
• 3Y*: 19.96%
• 5Y*: 14.03%
• 10Y*: -1.41%

JPLD

• 1D: 0.08%
• 1M: 0.20%
• YTD: 1.12%
• 6M: 1.52%
• 1Y: 4.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

OIH vs. JPLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
OIH VanEck Vectors Oil Services ETF	54.15%	6.81%	-10.53%	-8.71%
JPLD J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF	1.12%	6.01%	6.49%	3.23%

Correlation

The correlation between OIH and JPLD is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.14
Correlation (All Time) Calculated using the full available price history since Aug 1, 2023	-0.08

OIH vs. JPLD - Sectors Allocation Comparison

Sectors	OIH	JPLD
Energy	98.0%	0.1%
Utilities	1.8%	0.4%
Basic Materials	-	1.4%
Communication Services	-	10.1%
Consumer Cyclical	-	1.6%
Consumer Defensive	-	0.1%
Financial Services	-	13.7%
Healthcare	-	5.6%
Industrials	-	0.1%
Real Estate	-	7.8%
Technology	-	7.4%

Return for Risk

OIH vs. JPLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OIH

OIH Risk / Return Rank: 91
OIH Sharpe Ratio Rank: 93
OIH Sortino Ratio Rank: 89
OIH Omega Ratio Rank: 84
OIH Calmar Ratio Rank: 97
OIH Martin Ratio Rank: 94

JPLD

JPLD Risk / Return Rank: 91
JPLD Sharpe Ratio Rank: 91
JPLD Sortino Ratio Rank: 95
JPLD Omega Ratio Rank: 94
JPLD Calmar Ratio Rank: 85
JPLD Martin Ratio Rank: 91

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. JPLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Oil Services ETF (OIH) and J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD). 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.

	OIH	JPLD	Difference
Sharpe ratio: Return per unit of total volatility	3.39	3.17	+0.23
Sortino ratio: Return per unit of downside risk	4.06	5.18	-1.12
Omega ratio: Gain probability vs. loss probability	1.51	1.66	-0.16
Calmar ratio: Return relative to maximum drawdown	10.44	4.61	+5.83
Martin ratio: Return relative to average drawdown	25.98	21.36	+4.62
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. JPLD - Sharpe Ratio Comparison

The current OIH Sharpe Ratio is 3.39, which is comparable to the JPLD Sharpe Ratio of 3.17. The chart below compares the historical Sharpe Ratios of OIH and JPLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	OIH	JPLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.39	3.17	+0.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.38	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.03	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.01	3.26	-3.25

Drawdowns

OIH vs. JPLD - Drawdown Comparison

The maximum OIH drawdown since its inception was -94.45%, which is greater than JPLD's maximum drawdown of -1.17%. Use the drawdown chart below to compare losses from any high point for OIH and JPLD.

Drawdown Indicators

	OIH	JPLD	Difference
Max Drawdown Largest peak-to-trough decline	-94.45%	-1.17%	-93.28%
Max Drawdown (1Y) Largest decline over 1 year	-9.54%	-1.00%	-8.54%
Max Drawdown (3Y) Largest decline over 3 years	-43.80%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-43.80%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-89.62%	—	—
Current Drawdown Current decline from peak	-60.91%	-0.04%	-60.87%
Average Drawdown Average peak-to-trough decline	-48.85%	-0.15%	-48.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.82%	0.22%	+3.60%

Volatility

OIH vs. JPLD - Volatility Comparison

VanEck Vectors Oil Services ETF (OIH) has a higher volatility of 8.15% compared to J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF (JPLD) at 0.37%. This indicates that OIH's price experiences larger fluctuations and is considered to be riskier than JPLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OIH	JPLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.15%	0.37%	+7.78%
Volatility (6M) Calculated over the trailing 6-month period	20.40%	0.97%	+19.43%
Volatility (1Y) Calculated over the trailing 1-year period	29.38%	1.47%	+27.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.80%	1.83%	+34.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.41%	1.83%	+40.58%

OIH vs. JPLD - Expense Ratio Comparison

OIH has a 0.35% expense ratio, which is higher than JPLD's 0.24% expense ratio.

Dividends

OIH vs. JPLD - Dividend Comparison

OIH's dividend yield for the trailing twelve months is around 1.11%, less than JPLD's 4.20% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JPLD J P Morgan Exchange-Traded Fund Trust - Limited Duration Bond ETF	4.20%	4.24%	4.47%	1.83%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
OIH VanEck Vectors Oil Services ETF	1.11%	1.71%	2.01%	1.36%	0.95%	0.98%	1.23%	2.10%	2.13%	2.60%	1.40%	2.39%

Frequently Asked Questions

Can I hold both OIH and JPLD in my portfolio?

OIH and JPLD have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OIH or JPLD?

OIH has higher volatility (8.15%) compared to JPLD (0.37%). In terms of maximum drawdown, OIH dropped -94.45% vs JPLD's -1.17%.

Which ETF is better, OIH or JPLD?

On 1-year performance, OIH leads with 99.03% vs 4.61% for JPLD. On fees, JPLD is cheaper at 0.24% per year. On volatility, JPLD has been the lower-risk option at 0.37%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OIH or JPLD?

Over the 1-year period, OIH has performed better with a 99.03% return vs 4.61%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OIH or JPLD?

JPLD is cheaper with a 0.24% expense ratio, compared with 0.35% for OIH.

Which ETF pays a higher dividend yield, OIH or JPLD?

JPLD has the higher dividend yield at 4.20%, compared with 1.11% for OIH.

What is the main difference between OIH and JPLD?

OIH is categorized as Energy Equities, while JPLD is Short-Term Bond. They also come from different issuers: VanEck and JPMorgan. Their fees differ too: 0.35% for OIH and 0.24% for JPLD.

Which has better risk-adjusted returns?

OIH currently has the higher Sharpe Ratio (3.39 vs 3.17), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.