ETF Copilot
Energy

Is OIH a good investment?

Updated October 28, 2026

VanEck Oil Services ETF (OIH) is a energy sector ETF. As of October 28, 2026, ETF Copilot scores OIH 3.8 out of 10 — highest on Growth (5.2), lowest on Risk (0.9). It trades at 21.1 times earnings, against its own median of 18.4. Its ten largest holdings are 72% of the fund.

What stands out in OIH's data

U.S.-listed oil services companies, tracked through an index of the industry.

Trades at a richer price than the typical energy fund — you pay more for each dollar of earnings.

Trailing P/E multiple of 21.1x sits above the 16.4x peer median, and its forward growth estimate of 17% also tops the 12% category norm. Holdings 25.

A cyclical sector bet on oil services — narrow exposure for those who want direct industry access.

Why did OIH move this week? It rose 3.9% in the week to October 28, 2026 — Schlumberger and Transocean drove it

OIH rose 3.9% in the week to October 28, 2026. The holdings that moved it most were Schlumberger (+5.2%), Transocean (+11.1%) and Valaris (+10.8%); Baker Hughes a GE (−2.4%) pushed the other way.

How is OIH rated? ETF Copilot scores VanEck Oil Services ETF (OIH) 3.8 out of 10

As of October 28, 2026, ETF Copilot scores VanEck Oil Services ETF (OIH) 3.8 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

  • Overall: 3.8 / 10
  • Growth: 5.2 / 10
  • Value: 5.0 / 10
  • Risk: 0.9 / 10
  • Quality: 3.4 / 10
  • Return: 3.9 / 10

Is OIH expensive right now? It trades at 21.1 times earnings, against its own median of 18.4

As of October 28, 2026, OIH is more expensive than 67% of its own last 8 years.

Trailing 12 months, built from OIH's holdings. How we calculate this →

What's inside OIH?

What's inside OIH: Size (Large 37%, Mid 35%, Small 28%); Geography (International 23%, US 77%).

What are OIH's top holdings? The ten largest are 72% of the fund

Schlumberger, Baker Hughes, Halliburton, Technipfmc, Tenaris, Transocean, Weatherford International, Solaris Energy Infrastructure, Valaris and NOV are OIH's largest holdings, in that order.

More concentrated than 73% of Energy ETFs.

Half of OIH's weight sits in its 6 largest positions, and once those weights are taken into account it behaves like 12 equally weighted holdings.

What is OIH's expense ratio? 0.35% a year

As of October 28, 2026, OIH charges 0.35% a year, yields 1.19% and holds $1.9B in assets across 25 positions.

VanEck Oil Services ETF (OIH) — cost, income and size
MeasureOIH
Expense ratio0.35%
Dividend yield1.19%
Assets under management$1.9B
Holdings25

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

Cite this

ETF Copilot, “VanEck Oil Services ETF (OIH) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/oih

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