(OIH) Oil - Overview
ETF Category: Equity Energy | Exchange: NYSE ARCA (USA) | Market Cap: 2.456m USD | Total Return: 56.9% in 12m
VanEck Oil Services ETF (OIH) is a U.S.-based equity energy ETF that tracks a benchmark index of U.S.-listed oil-services companies, including small- and mid-cap firms and foreign issuers traded via ADRs.
The fund is required to allocate at least 80% of its net assets to the securities that compose its index, resulting in a concentrated, non-diversified exposure to the oil-services segment.
As of February 2026, OIH manages roughly $2.3 billion in assets, carries an expense ratio of 0.45%, and has delivered a 12-month total return of about +8.5%. The oil-services sector is benefiting from a 12% year-over-year increase in global service revenue and a 5% rise in the global rig count in Q4 2025, while Brent crude averages $85 per barrel, supporting higher demand for drilling and completion services.
For a deeper dive into how OIH fits within broader value-oriented strategies, you might explore ValueRay’s research tools.
- Oil prices dictate exploration and production spending
- Global energy demand influences drilling activity
- Geopolitical events impact oil supply and demand
- Regulatory changes affect offshore drilling permits
- Technological advancements reduce extraction costs
Over the past week, the price has changed by -0.61%, over one month by +2.22%, over three months by +41.94% and over the past year by +56.88%.
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