Market Vectors Oil Services ETF (OIH)

By
Market Vectors Oil Services ETF (OIH) is a popular exchange traded fund. This fund invests in stocks of energy related companies. The Oil Services Index is comprised of common stocks and depositary receipts of U.S. exchange-listed companies in the oil services sector. Such companies may include small- and medium-capitalization companies and foreign companies that are listed on a U.S. exchange.

This equity fund is tracking Market Vectors US Listed Oil Services 25 Index. This fund may be not diversified. The total net assets are $1.44 billion. The current dividend yield is 2.19%. The annual expense fee is 0.35%.

OIH Fund Profile

    Market Vectors Oil Services ETF | OIH
  • Fund Inception Date: 12/22/2011
  • Ticker Symbol: OIH
  • CUSIP: 678002106
  • Rank in category (YTD): 32%
  • Category: Equity Energy
  • Yield: 2.19%
  • Capital Gains: -
  • Expense Ratio: 0.35%
  • Total Assets: $ 1.09 billion
  • Annual Turnover Rate: -

Market Vectors Oil Services ETF Performance

Morningstar has ranked this ETF with 2 stars rating by Morningstar. In 2015, this stock fund has a year-to-date return of 2.12%. It has returned -29.41% over the past 1 year, and 2.83% over the past 3 year. The past 3 year performance is as follows:
  • Year 2014: -23.52%
  • Year 2013: 25.88%
  • Year 2012: 1.96%
The top 5 stocks in its holdings are Schlumberger NV, Halliburton Co, Baker Hughes Inc, National Oilwell Varco Inc, and Cameron International Corp. Top 2 sectors are energy, and basic materials.

Pros:
  • This Market Vectors Oil Services ETF is an index ETF. It has a low fee.
Cons:
  • The fund performance is not great due to laggard energy sector.
More articles:

0 comments:

Post a Comment