OIH
VanEck Oil Services ETF
OIH
VanEck Oil Services ETF
-
NAV
$279.02
as of June 07, 2023 -
YTD RETURNS
-8.23%
as of June 07, 2023 -
Total Net Assets
$2.23B
as of June 07, 2023 -
Total Expense Ratio
0.35% -
Inception Date
12/20/2011
Van Eck Associates Corporation (the “Adviser”) will pay all expenses of the Fund, except for the fee payment under the investment management agreement, acquired fund fees and expenses, interest expense, offering costs, trading expenses, taxes and extraordinary expenses. Notwithstanding the foregoing, the Adviser has agreed to pay the offering costs until at least May 1, 2024. “Other Expenses” have been restated to reflect current fees.
Fund Description
VanEck Oil Services ETF (OIH®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® US Listed Oil Services 25 Index (MVOIHTR), which is intended to track the overall performance of U.S.-listed companies involved in oil services to the upstream oil sector, which include oil equipment, oil services, or oil drilling.
Overview
Fund Highlights
- Highly Liquid Companies
Index seeks to track the most liquid companies in the industry based on market capitalization and trading volume
- Industry Leaders
Index methodology favors the largest companies in the industry
- Global Scope
Portfolio may include both domestic and U.S. listed foreign companies allowing for enhanced industry representation