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OIH - ETF AI Analysis
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VanEck Oil Services ETF (OIH)
Rating:70Neutral
Price Target:―
Positive Factors
Energy Sector Focus
The ETF is heavily concentrated in the energy sector, which has historically performed well during periods of rising oil prices.
Strong Performance from Key Holdings
Several holdings, such as Baker Hughes and TechnipFMC, have delivered strong year-to-date gains, supporting the fund's overall performance.
Reasonable Expense Ratio
The ETF charges a relatively low expense ratio, making it cost-effective compared to many actively managed funds.
Negative Factors
High Concentration in Energy
The fund's heavy focus on the energy sector makes it highly sensitive to oil price fluctuations and sector-specific risks.
Underperforming Top Holdings
Several major holdings, including Schlumberger and Halliburton, have experienced weak year-to-date performance, dragging on the fund's returns.
Limited Geographic Diversification
With over 90% of its exposure in U.S. companies, the ETF offers little protection against domestic market downturns.
OIH vs. SPDR S&P 500 ETF (SPY)
AUM1.63B
RegionGlobal
Expense Ratio0.35%
Beta1.01
IssuerVanEck
Inception DateDec 20, 2011
Dividend Yield1.54%
Asset ClassEquity
Index TrackedMVIS US Listed Oil Services 25
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume551,436
30 Day Avg. Volume429,790
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
336.54Price 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) focuses on companies in the energy sector, specifically those providing equipment and services to the oil and gas industry. It includes well-known companies like Schlumberger and Baker Hughes, which are involved in drilling, exploration, and production. This ETF might appeal to investors looking for growth opportunities in the energy sector or those wanting to diversify their portfolio with exposure to oil services. However, it’s important to note that the ETF’s performance is closely tied to the energy market, which can be volatile and influenced by global oil prices and 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
The VanEck Oil Services ETF (OIH) is riding the energy wave with a strong focus on oil services, but performance is a mixed bag. Schlumberger and Halliburton are steady drivers, benefiting from solid profitability and strategic initiatives, while Weatherford International and NOV are rising stars, showing strong technical momentum and growth potential. However, Baker Hughes and Tenaris are holding the fund back slightly, with Baker Hughes facing recent declines and Tenaris grappling with mixed technical signals. With its heavy energy sector concentration and global exposure, OIH is a high-octane bet on the oil services industry.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Schlumberger | 21.10% | $331.06M | $63.30B | 14.48% | 75 Outperform | |
| Baker Hughes Company | 12.51% | $196.24M | $48.19B | 15.56% | 76 Outperform | |
| Halliburton | 7.86% | $123.39M | $25.57B | 19.02% | 72 Outperform | |
| TechnipFMC | 5.35% | $84.01M | $19.89B | 51.89% | 80 Outperform | |
| Tenaris SA | 4.81% | $75.42M | $21.04B | 4.62% | 75 Outperform | |
| Weatherford International | 4.75% | $74.56M | $6.19B | 23.68% | 72 Outperform | |
| NOV | 4.55% | $71.47M | $6.14B | 20.11% | 72 Outperform | |
| Transocean | 4.38% | $68.73M | CHF3.71B | 7.02% | 60 Neutral | |
| ― | 4.10% | $64.35M | ― | ― | ― | |
| Liberty Oilfield Services | 3.37% | $52.94M | $3.08B | -10.86% | 69 Neutral |
OIH Technical Analysis
Positive
―
Price Trends
286.86
Positive
269.68
Positive
249.00
Positive
Market Momentum
6.09
Negative
68.25
Neutral
82.47
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 291.88, equal to the 50-day MA of 286.86, and equal to the 200-day MA of 249.00, indicating a bullish trend. The MACD of 6.09 indicates Negative momentum. The RSI at 68.25 is Neutral, neither overbought nor oversold. The STOCH value of 82.47 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
316.16
41.97
15.31%
IGF
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BAI
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ARKK
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IXN
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IXC
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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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