PXJ vs. OIH
Compare and contrast key facts about Invesco Dynamic Oil & Gas Services ETF (PXJ) and VanEck Vectors Oil Services ETF (OIH).
PXJ and OIH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PXJ is a passively managed fund by Invesco that tracks the performance of the Dynamic Oil & Gas Services Intellidex Index. It was launched on Oct 26, 2005. 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 PXJ 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.
Performance
PXJ vs. OIH - Performance Comparison
Loading graphics...
PXJ vs. OIH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PXJ Invesco Dynamic Oil & Gas Services ETF | 39.53% | 8.74% | 0.21% | 14.44% | 62.25% | 11.28% | -44.31% | -0.32% | -39.82% | -23.08% |
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% |
Returns By Period
The year-to-date returns for both stocks are quite close, with PXJ having a 39.53% return and OIH slightly lower at 39.12%. Over the past 10 years, PXJ has outperformed OIH with an annualized return of -0.78%, while OIH has yielded a comparatively lower -1.01% annualized return.
PXJ
- 1D
- -1.70%
- 1M
- -2.92%
- YTD
- 39.53%
- 6M
- 49.38%
- 1Y
- 62.04%
- 3Y*
- 21.21%
- 5Y*
- 21.33%
- 10Y*
- -0.78%
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%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PXJ vs. OIH - Expense Ratio Comparison
PXJ has a 0.63% expense ratio, which is higher than OIH's 0.35% expense ratio.
Return for Risk
PXJ vs. OIH — Risk / Return Rank
PXJ
OIH
PXJ vs. OIH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Dynamic Oil & Gas Services ETF (PXJ) 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.
| PXJ | OIH | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.79 | 1.36 | +0.44 |
Sortino ratioReturn per unit of downside risk | 2.25 | 1.85 | +0.40 |
Omega ratioGain probability vs. loss probability | 1.34 | 1.26 | +0.07 |
Calmar ratioReturn relative to maximum drawdown | 2.64 | 2.06 | +0.58 |
Martin ratioReturn relative to average drawdown | 9.50 | 5.70 | +3.80 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PXJ | OIH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.79 | 1.36 | +0.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | 0.45 | +0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.02 | -0.02 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.05 | -0.00 | -0.05 |
Correlation
The correlation between PXJ and OIH is 0.96, 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.
Dividends
PXJ vs. OIH - Dividend Comparison
PXJ's dividend yield for the trailing twelve months is around 2.31%, more than OIH's 1.23% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PXJ Invesco Dynamic Oil & Gas Services ETF | 2.31% | 2.91% | 3.34% | 1.99% | 0.65% | 2.40% | 4.72% | 1.87% | 0.99% | 2.75% | 1.18% | 2.36% |
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% |
Drawdowns
PXJ vs. OIH - Drawdown Comparison
The maximum PXJ drawdown since its inception was -94.82%, roughly equal to the maximum OIH drawdown of -94.45%. Use the drawdown chart below to compare losses from any high point for PXJ and OIH.
Loading graphics...
Drawdown Indicators
| PXJ | OIH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.82% | -94.45% | -0.37% |
Max Drawdown (1Y)Largest decline over 1 year | -24.32% | -26.13% | +1.81% |
Max Drawdown (5Y)Largest decline over 5 years | -40.03% | -43.80% | +3.77% |
Max Drawdown (10Y)Largest decline over 10 years | -87.72% | -89.62% | +1.90% |
Current DrawdownCurrent decline from peak | -68.12% | -64.72% | -3.40% |
Average DrawdownAverage peak-to-trough decline | -55.59% | -48.75% | -6.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.75% | 9.43% | -2.68% |
Volatility
PXJ vs. OIH - Volatility Comparison
Invesco Dynamic Oil & Gas Services ETF (PXJ) and VanEck Vectors Oil Services ETF (OIH) have volatilities of 8.26% and 8.53%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PXJ | OIH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.26% | 8.53% | -0.27% |
Volatility (6M)Calculated over the trailing 6-month period | 19.12% | 21.79% | -2.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.76% | 38.09% | -3.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.21% | 37.48% | -2.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.60% | 42.49% | -2.89% |