Summary
0LLF Chart
Should You Invest in the VanEck Oil Services ETF (OIH)?
Launched on December 20, 2011, the VanEck Oil Services ETF (OIH) is a passively managed exchange traded fund designed to provide a broad exposure to the Energy - Equipment and services segment of the equity market.
A Bullish Trend In Oil Services Stocks And The OIH ETF
The VanEck Oil Services ETF remains in a bullish trend, outperforming crude oil despite a bearish energy market. OIH benefits from rising OPEC+ output, pro-energy U.S. policy, and advances in LNG infrastructure and drilling technology. OIH's top holdings include Schlumberger, Baker Hughes, and Halliburton, with a 2.2% dividend yield and strong liquidity.
Should You Invest in the VanEck Oil Services ETF (OIH)?
If you're interested in broad exposure to the Energy - Equipment and services segment of the equity market, look no further than the VanEck Oil Services ETF (OIH), a passively managed exchange traded fund launched on December 20, 2011.
VanEck Oil Services ETF (0LLF) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has VanEck Oil Services ETF ever had a stock split?
VanEck Oil Services ETF Profile
| LSE Exchange | US Country |
Overview
The fund is structured to track the performance of an index consisting of U.S. exchange-listed companies in the oil services sector. It commits at least 80% of its total assets to securities that form its benchmark index. This index is composed of common stocks and depositary receipts, encapsulating a range of companies within the oil services domain. This includes not just large companies but also those in the small- and medium-capitalization range, alongside foreign companies that are listed on U.S. exchanges. Characterized as non-diversified, the fund focuses its investments more narrowly than diversified funds, making its performance closely tied to the specific sector it targets.
Products and Services
- Securities Investment - The fund primarily invests in securities that are part of its benchmark index, covering common stocks and depositary receipts. These investments are concentrated on companies within the U.S. listed oil services sector, reflecting the fund's strategic focus on this specific industry segment. By adhering to its benchmark, the fund aims to mirror the performance of its index, attempting to provide returns that closely follow the dynamics of the oil services market.
- Focus on Oil Services Segment - It specifically targets the oil services segment of the market, including a variety of companies that are integral to this industry. These range from those providing drilling, exploration, production, and maintenance services, spotlighting the fund's intent to capture the essence of this niche yet crucial sector. Through this focus, the fund seeks to offer an investment vehicle for stakeholders interested in the growth and development of the oil services industry.
Contact Information
