Oil Services

MARKET VECTORS OIL SERVICES ETF

OIH_CFD.ETF

Daily

---

Weekly

---

Yearly

---

OIH had a makeover in late 2011 as the old 'Oil HOLDRS' was taken over by Van Eck and turned into a living, breathing ETF, with new management, huge assets and a simple strategy aimed at capturing the 25 largest US-listed oil services companies. Marketed as a global fund but bound to its US-listing requirement, OIH tilts away from our globally oriented segment benchmark. Although a fraction of its portfolio is focused overseas, OIH overweights the US and makes its own sector bets. Still, the fund has been popular, with excellent volume and a healthy asset base. It’s a de facto competitor to US-only funds like IEZ . Cheap trading combined with a reasonable fee and strong tracking means that all-in costs have been relatively low. Overall, the OIH offers extremely concentrated exposure with a strong bias to US-firms.

ETF name

OIH_CFD.ETF

Market

Stocks

Costs

0.07 %

Oil Services

MARKET VECTORS OIL SERVICES ETF

OIH_CFD.ETF

OIH had a makeover in late 2011 as the old 'Oil HOLDRS' was taken over by Van Eck and turned into a living, breathing ETF, with new management, huge assets and a simple strategy aimed at capturing the 25 largest US-listed oil services companies. Marketed as a global fund but bound to its US-listing requirement, OIH tilts away from our globally oriented segment benchmark. Although a fraction of its portfolio is focused overseas, OIH overweights the US and makes its own sector bets. Still, the fund has been popular, with excellent volume and a healthy asset base. It’s a de facto competitor to US-only funds like IEZ . Cheap trading combined with a reasonable fee and strong tracking means that all-in costs have been relatively low. Overall, the OIH offers extremely concentrated exposure with a strong bias to US-firms.

Portfolio composition (TOP 10)

01.12.2021
Schlumberger NV
Halliburton Company
Baker Hughes Company Class A
TechnipFMC Plc
Cactus, Inc. Class A
Tenaris S.A. Sponsored ADR
National Oilwell Varco, Inc.
Transocean Ltd.
Dril-Quip, Inc.
ChampionX Corporation

Instrument specification in OANDA TMS Brokers

Name
OIH_CFD.ETF
Description
MARKET VECTORS OIL SERVICES ETF
Type
ETF
Contract size / 1 lot
Price * 1 USD
Value of 1 pip
0.01
Minimal step
0.01
Short sale
YES
Distance SL and TP
0
Minimum order value
1
Maximum order value
99
Transaction Step
1
Trading Hours
monday-friday 15:35-22:00
Deposit required
20%
Financial leverage
5:1
Long swap (daily)
-0.02308%
Short Swap (daily)
0.00364%
3-day swap (date)
5
iphone

Test your brokerage account for free at
mobile application

Invest virtual EUR 50,000 in CFDs on shares
on the demo account Feel real emotions without risk!
Download the TMS Brokers app and learn to trade