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OIH - ETF AI Analysis
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VanEck Oil Services ETF (OIH)
Rating:70Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown strong gains over the past month, three months, and year to date, indicating solid recent momentum.
Leading Oil Services Holdings
Several of the largest positions, such as Schlumberger, Baker Hughes, and Halliburton, have delivered strong year-to-date performance, helping drive the fund’s returns.
Moderate Expense Ratio for a Niche Sector
The fund’s expense ratio is moderate for a specialized energy-sector ETF, so investors are not paying unusually high ongoing fees for this focused exposure.
Negative Factors
High Concentration in Top Holdings
A large share of the portfolio is tied up in a few names like Schlumberger, Baker Hughes, and Halliburton, which increases the impact of any weakness in these companies.
Heavy Sector Concentration in Energy
With almost all assets in the energy sector, the ETF is highly sensitive to swings in oil and gas activity and offers little protection if the sector struggles.
Limited Geographic Diversification
The fund is overwhelmingly invested in U.S. companies with only a small allocation abroad, so it provides limited global diversification.
OIH vs. SPDR S&P 500 ETF (SPY)
AUM2.23B
RegionGlobal
Expense Ratio0.35%
Beta1.03
IssuerVanEck
Inception DateDec 20, 2011
Dividend Yield1.34%
Asset ClassEquity
Index TrackedMVIS US Listed Oil Services 25
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume804,787
30 Day Avg. Volume528,671
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
377.58Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering25
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
OIH Summary
The VanEck Oil Services ETF (OIH) tracks the MVIS US Listed Oil Services 25 Index and focuses on companies that provide equipment and services to the oil and gas industry, such as drilling, exploration, and production support. Well-known holdings include Schlumberger and Baker Hughes. Someone might invest in this ETF to bet on the growth or recovery of the energy sector and to get diversified exposure to many oil service companies in a single investment. A key risk is that it is heavily tied to the energy sector, so its price can swing sharply with oil prices and energy demand.
How much will it cost me?The VanEck Oil Services ETF (OIH) has an expense ratio of 0.35%, which means you’ll pay $3.50 per year for every $1,000 invested. This is slightly higher than average because it is a sector-focused ETF, which often requires more active management compared to broad market index funds.
What would affect this ETF?The VanEck Oil Services ETF (OIH) could benefit from rising global energy demand and increased investment in oil exploration and production, which would drive growth for its top holdings like Schlumberger and Baker Hughes. However, it may face challenges from regulatory shifts toward renewable energy, geopolitical tensions affecting oil supply, or declining oil prices, which could negatively impact the profitability of the energy equipment and services sector.
OIH Top 10 Holdings
OIH is essentially a pure play on global oil services, with Schlumberger in the driver’s seat and Baker Hughes and Halliburton riding shotgun. These three have been rising steadily, giving the fund much of its recent lift as drilling and service activity improves. Mid-sized names like TechnipFMC, NOV, and Cactus are also climbing, adding extra torque to performance. Weatherford and Transocean are more mixed, occasionally sputtering as balance sheet and profitability issues resurface. Overall, this is a highly concentrated energy bet, with little diversification beyond oilfield services.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Schlumberger | 21.13% | $460.51M | $76.79B | 25.83% | 75 Outperform | |
| Baker Hughes Company | 12.67% | $276.03M | $58.39B | 21.12% | 76 Outperform | |
| Halliburton | 7.48% | $162.94M | $28.90B | 30.62% | 72 Outperform | |
| TechnipFMC | 5.32% | $116.01M | $22.87B | 81.04% | 80 Outperform | |
| Tenaris SA | 4.82% | $104.94M | $24.64B | 19.96% | 75 Outperform | |
| Weatherford International | 4.50% | $98.16M | $7.17B | 53.21% | 72 Outperform | |
| ― | 4.42% | $96.35M | ― | ― | ― | |
| Transocean | 4.42% | $96.30M | CHF4.57B | 37.98% | 60 Neutral | |
| NOV | 4.33% | $94.36M | $7.07B | 17.95% | 72 Outperform | |
| Liberty Oilfield Services | 3.95% | $85.98M | $3.91B | 35.91% | 69 Neutral |
OIH Technical Analysis
Positive
―
Price Trends
307.91
Positive
286.09
Positive
258.84
Positive
Market Momentum
15.11
Negative
76.52
Negative
81.44
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For OIH, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 335.24, equal to the 50-day MA of 307.91, and equal to the 200-day MA of 258.84, indicating a bullish trend. The MACD of 15.11 indicates Negative momentum. The RSI at 76.52 is Negative, neither overbought nor oversold. The STOCH value of 81.44 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for OIH.
OIH Peer Comparison
Comparison Results
Performance Comparison
OIH
VanEck Oil Services ETF
362.52
90.29
33.17%
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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