oil services

ETF Name

OIH_CFD.ETF

Market

Stocks

Costs

0.07 %

Daily

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Weekly

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Yearly

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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)

21.06.2023
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

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 %

Portfolio composition (TOP 10)

21.06.2023
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 for MKT VECT OIL SVCS ETF

Name OIH_CFD.ETF
Minimum order value 1
Description MARKET VECTORS OIL SERVICES ETF
Maximum order value 99
Transaction Step 1
Type ETF
Trading Hours monday-friday 15:31-21:59
Contract size / 1 lot Price * 1 USD
Deposit required 20%
Value of 1 pip 0.01
Financial leverage 5:1
Minimal step 0.01
Long swap (daily) -0.02194%
Short sale YES
Short swap (daily) -0.00028%
Distance SL and TP 0
3-day swap (date) 5

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