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Invests in companies that provide equipment and services to the global oil and gas industry. The sector is cyclical and highly sensitive to volatile energy prices.
Service firms benefit when energy producers raise their drilling and exploration budgets. A fall in oil prices can sharply reduce activity and earnings.
Oil services tend to behave differently from broader equity sectors, offering potential diversification within a portfolio. Concentration and commodity swings can amplify losses.
Oil currently represents a large chunk of global energy consumption and its relevance is projected to remain significant also for the decades to come, as the world’s energy demand is expected to increase. Oil has remained central to energy policy discussions, both as a near-term supply stabilizer and as part of a broader energy mix during the transition to lower-carbon alternatives. VanEck Oil Services UCITS ETF enables an investment in the upstream oil sector.
Main Risk Factors: You may lose money up to the total loss of your investment due to Industry or Sector Concentration Risk, Risk of Investing in Natural Resources Companies, Equity Market Risk as described in the Main Risk Factors, KID and prospectus. You can lose money by investing in the Funds. The value of the investments may go up or down and the investor may not get back the amount invested.