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UCTOIHV VanEck Oil Services UCITS ETF Please read important disclosure Close important disclosure true
Marketing Communication
OIHV

Oil Services ETF
VanEck Oil Services UCITS ETF

Marketing Communication
OIHV

Oil Services ETF
VanEck Oil Services UCITS ETF

ISIN: IE000NXF88S1 copy-icon

Fund Description

Oil currently represents a large chunk of the global energy consumption and its relevance is projected to remain high also for the decades to come, as the world’s energy demand increases. The events of 2022 have strengthened the case for oil as a mean to ensure energy security and to help gradually carry out the energy transition towards a zero-carbon economy. VanEck Oil Services UCITS ETF enables an investment in the upstream oil sector.

  • NAV
    $22.69

    as of 08 Nov 2024
  • YTD RETURNS
    -1.92%

    as of 08 Nov 2024
  • Total Net Assets
    $21.8 million

    as of 08 Nov 2024
  • Total Expense Ratio
    0.35%
  • Inception Date
    31 Mar 2023
  • SFDR Classification
    Article 6

Overview

Fund Description

Oil currently represents a large chunk of the global energy consumption and its relevance is projected to remain high also for the decades to come, as the world’s energy demand increases. The events of 2022 have strengthened the case for oil as a mean to ensure energy security and to help gradually carry out the energy transition towards a zero-carbon economy. VanEck Oil Services UCITS ETF enables an investment in the upstream oil sector.

  • Invest in 25 US listed companies at the forefront of the upstream oil sector
  • Gain exposure to a critical natural resource for energy security and independency
  • Traditional inflation protection offered by hard assets
  • Companies involved in activities ranging from oil equipment maintenance and production, drilling and technology-based services


Risk: You may lose money up to the total loss of your investment due to Risk of Investing in the Oil Industry, Risk Associated with Fossil Fuels, Regulatory Risk and Concentration Risk as described in the Main Risk Factors, KID and prospectus.



Underlying Index

MarketVector™ US Listed Oil Services 10% Capped Index

Fund Highlights

  • Invest in 25 US listed companies at the forefront of the upstream oil sector
  • Gain exposure to a critical natural resource for energy security and independency
  • Traditional inflation protection offered by hard assets
  • Companies involved in activities ranging from oil equipment maintenance and production, drilling and technology-based services


Risk: You may lose money up to the total loss of your investment due to Risk of Investing in the Oil Industry, Risk Associated with Fossil Fuels, Regulatory Risk and Concentration Risk as described in the Main Risk Factors, KID and prospectus.



Underlying Index

MarketVector™ US Listed Oil Services 10% Capped Index

Capital Markets

VanEck partners with esteemed market makers to ensure the availability of our products for trading on the mentioned stock exchanges. Our Capital Markets team is committed to continuously monitoring and assessing spreads, sizes, and prices to ensure optimal trading conditions for our clients. Furthermore, VanEck ETFs are available on various trading platforms, and we collaborate with a wider range of reputable Authorized Participants (APs) to promote an efficient and fair trading environment. For more information about our APs and to contact our Capital Markets team, please visit factsheet capital markets.pdf

Performance

Holdings

Portfolio

Documents

Index

Index Description

The MarketVector™ US Listed Oil Services 10% Capped Index tracks the performance of the 25 largest and most liquid US companies in the oil services industry. These companies are mainly involved in activities ranging from oil equipment maintenance and production, drilling and technology-based services.

Index Key Points

Underlying Index
MarketVector™ US Listed Oil Services 10% Capped Index (MVOICTR)

The Index Composition:

The MarketVector™ US Listed Oil Services 10% Capped Index tracks the performance of the 25 largest and most liquid companies in the oil services industry that are listed in the US, employing a 10% capping scheme. The selected companies need to generate at least 50% of their revenues from oil equipment, oil services and oil drilling.

  • Market capitalization exceeding $150 million
  • Three-month average daily turnover greater than $1 million
  • Minimum trading volume of 250,000 shares each month over last 6 months
  • Company weightings are capped at 10%.

 

Download Index Methodology

Awards

Main Risks

Main Risk Factors of a Oil Services ETF

While the diversification in a multi-asset strategy reduces risk, it is important to remember that all investments carry some risk. The Multi-Asset Funds by VanEck are subject to the four risks below:

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The Fund’s assets may be concentrated in one or more particular sectors or industries. The Fund may be subject to the risk that economic, political or other conditions that have a negative effect on the relevant sectors or industries will negatively impact the Fund's performance to a greater extent than if the Fund’s assets were invested in a wider variety of sectors or industries.

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Investments in natural resources and natural resources companies, which include companies engaged in alternatives (e.g., water and alternative energy), base and industrial metals, energy and precious metals, are very dependent on the demand for, and supply and price of, natural resources and can be significantly affected by events relating to these industries, including international political and economic developments, embargoes, tariffs, inflation, weather and natural disasters, limits on exploration, often changes in the supply and demand for natural resources and other factors.

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The prices of the securities in the Fund are subject to the risks associated with investing in the securities market, including general economic conditions and sudden and unpredictable drops in value. An investment in the Fund may lose money.