VanEck Vectors Oil Services ETF
ALTAR
Score™
-5.3% info Recommen-
dation
AVOID
2020E    2021E
P/E
ratio
-4.5x P/Sales
ratio
0.6x
P/BV
ratio
0.4x Div.
yield
2.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
VanEck Vectors Oil Service ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance results of the US Listed Oil Services 25 Index.

FUND BASICS
Category US Equities
Fund Sponsor Van Eck Associates Corp
Website www.vaneck.com
Inception date Dec 21, 2011
Assets (mns) $491
Currency USD
Expense ratio 35 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Market Cap
Index replication n/a
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 24
Wgt avg mkt cap (mns) $7,303
Large cap (>$10bn) 29.5%
Mid cap ($2-10bn) 22.5%
Small cap (<$2bn) 48.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
SCHLUMBERGER LTD 16.8 %
HALLIBURTON CO 10.2 %
BAKER HUGHES, A GE COMPANY CLASS A 6.5 %
CORE LABORATORIES N.V. 6.0 %
CACTUS, INC. CLASS A 5.2 %
NATIONAL OILWELL VARCO INC 4.7 %
PATTERSON-UTI ENERGY INC 4.5 %
OCEANEERING INTL INC 4.3 %
TENARIS SA-ADR 4.1 %
APERGY CORP. 4.0 %
Total 66.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 79.7 %
NETHERLANDS 6.0 %
LUXEMBOURG 4.1 %
BRITAIN 4.1 %
SWITZERLAND 3.5 %
BERMUDA 2.4 %





HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
796.3% 827.8% 29.2% -- 16.5%

Market Correlations
versus... Beta R-squared
S&P500 10.00 19%
MSCI EAFE 10.00 11%
MSCI Emg. Mkts. 10.00 16%

Technical Indicators
Recent close $119.68
30d moving avg. $105.89
Annualized volatility 999.9%
Short interest (ETF) 29.9%
Short interest (Underlying) 8.5%
Relative strength (RSI) 62

Liquidity measures
Avg. volume (thou.) 691
Turnover 16.9%
Bid/Ask (% of price) 0.11%
ADV underlying (mns) $1,658

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 potential alternatives to the VanEck Vectors Oil Services ETF ETF based on the alternatives' overlap in portfolio holdings with OIH. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: OIH Expense: 35 bp ALTAR Score™: -5.3%


ALTERNATIVE ETFs BASED ON OVERLAP WITH OIH
Ticker Fund
Name
Overlap1
vs OIH
(%)
Expense
ratio
(bp)
Savings
vs OIH
(bp)
ALTAR
Score™
(%)
ALTAR
vs OIH
(%)
IEZ iShares U.S. Oil Equipment & Services ETF 70.5 42 -7 -4.5 +0.8
XES SPDR S&P Oil & Gas Equipment & Services ETF 70.2 35 0 -8.6 -3.3
PXJ Invesco Dynamic Oil & Gas Services ETF 61.6 63 -28 -2.3 +3.1
PSCE Invesco S&P SmallCap Energy ETF 27.8 29 6 -2.7 +2.6
RYE Invesco S&P 500 Equal Weight Energy ETF 19.4 40 -5 3.3 +8.6
PXI Invesco DWA Energy Momentum ETF 13.7 60 -25 4.1 +9.4
JHME John Hancock Multifactor Energy ETF 12.9 40 -5 3.6 +8.9
FXN First Trust Energy AlphaDEX Fund 9.7 65 -30 -0.6 +4.8
XLE Energy Select Sector SPDR Fund 8.8 13 22 4.3 +9.6
VDE Vanguard Energy Index Fund 8.1 10 25 3.8 +9.1
FENY Fidelity MSCI Energy Index ETF 7.9 8 27 3.8 +9.1
IYE iShares U.S. Energy ETF 7.5 42 -7 3.8 +9.1
FYT First Trust Small Cap Value AlphaDEX Fund 5.3 72 -37 9.4 +14.7
IGE iShares North American Natural Resources ETF 5.2 46 -11 4.0 +9.3
EQRR ProShares Equities for Rising Rates ETF 5.1 35 0 6.1 +11.4
LVHB Innovator Lunt Low Vol/High Beta Tactical ETF 5.1 49 -14 10.2 +15.5
BUYN USCF SummerHaven SHPEN Index Fund 4.8 80 -45 9.6 +14.9
PMOM Principal Sustainable Momentum Index ETF 4.8 29 6 9.6 +14.9
SDOG ALPS Sector Dividend Dogs ETF 4.3 40 -5 10.3 +15.6
SPHB Invesco S&P 500 High Beta ETF 4.2 25 10 10.4 +15.7
SLT Salt TruBeta High Exposure ETF 4.2 29 6 6.8 +12.2
SLX VanEck Vectors Steel ETF 4.1 56 -21 16.0 +21.3
SYLD Cambria Shareholder Yield ETF 3.9 59 -24 9.2 +14.6
IXC iShares Global Energy ETF 3.8 46 -11 5.7 +11.0
FCTR First Trust Lunt U.S. Factor Rotation ETF 3.5 65 -30 5.1 +10.4
RDIV Invesco S&P Ultra Dividend Revenue ETF 3.2 39 -4 11.0 +16.3
RPV Invesco S&P 500 Pure Value ETF 2.9 35 0 11.5 +16.8
MOAT VanEck Vectors Morningstar Wide Moat ETF 2.7 49 -14 6.2 +11.5
FYX First Trust Small Cap Core AlphaDEX Fund 2.7 63 -28 6.7 +12.0
EWSC Invesco S&P Smallcap 600 Equal Weight ETF 2.6 40 -5 6.5 +11.8
RZV Invesco S&P Smallcap 600 Pure Value ETF 2.5 35 0 9.4 +14.7
HDV iShares Core High Dividend ETF 2.4 8 27 6.6 +11.9
EQAL Invesco Russell 1000 Equal Weight ETF 2.2 20 15 5.1 +10.4
SLYV SPDR S&P 600 Small Cap Value ETF 2.1 15 20 9.3 +14.6
IJS iShares S&P Small-cap 600 Value ETF 2.1 25 10 9.2 +14.5
QDIV Global X S&P 500 Quality Dividend ETF 1.9 20 15 8.4 +13.7
SQLV Legg Mason Small-Cap Quality Value 1.9 62 -27 7.0 +12.3
COWZ Pacer US Cash Cows 100 ETF 1.9 49 -14 9.9 +15.2
ESGS Columbia Sustainable U.S. Equity Income ETF 1.9 35 0 9.1 +14.4
NUMV Nuveen ESG Mid-Cap Value ETF 1.9 40 -5 8.8 +14.1
PEY Invesco High Yield Equity Dividend Achievers ETF 1.8 53 -18 8.8 +14.1
GBDV Global Beta Smart Income ETF 1.8 29 6 12.1 +17.4
FAB First Trust Multi Cap Value AlphaDEX Fund 1.8 71 -36 9.7 +15.0
ABEQ Absolute Core Strategy ETF 1.7 85 -50 4.7 +10.1
MAGA Point Bridge GOP Stock Tracker ETF 1.6 72 -37 6.7 +12.0
RYJ Invesco Raymond James SB-1 Equity ETF 1.6 82 -47 3.6 +8.9
XKFF SPDR Kensho Final Frontiers ETF 1.5 45 -10 5.3 +10.6
CSML IQ Chaikin U.S. Small Cap ETF 1.5 35 0 4.7 +10.1
BLES Inspire Global Hope Large Cap ETF 1.4 61 -26 6.6 +11.9
DTN WisdomTree U.S. Dividend ex-Financials Fund 1.4 38 -3 8.0 +13.3
FTXN First Trust Nasdaq Oil & Gas ETF 1.4 60 -25 2.2 +7.5
AVUV Avantis U.S. Small Cap Value ETF 1.3 25 10 9.1 +14.4
VIOV Vanguard S&P Small-Cap 600 Value ETF 1.3 15 20 9.2 +14.5
RNSC Small Cap US Equity Select ETF 1.3 60 -25 7.7 +13.0
RZG Invesco S&P Smallcap 600 Pure Growth ETF 1.3 35 0 6.4 +11.7
GCOW Pacer Global High Dividend ETF 1.3 60 -25 11.1 +16.4
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 1.2 29 6 6.0 +11.3
EQWL Invesco Russell Top 200 Equal Weight ETF 1.1 25 10 6.1 +11.4
IJR iShares Core S&P Small Cap ETF 1.1 7 28 7.2 +12.5
SPSM SPDR Portfolio Small Cap ETF 1.1 5 30 7.2 +12.5
SLY SPDR S&P 600 Small Cap ETF 1.1 15 20 7.1 +12.4
VOE Vanguard Mid-Cap Value Index Fund 1.1 7 28 8.0 +13.3
TMDV ProShares Russell US Dividend Growers ETF 1.1 35 0 5.3 +10.6
HAP VanEck Vectors Natural Resources ETF 1.1 50 -15 6.4 +11.7
RSP Invesco S&P 500 Equal Weight ETF 1.1 20 15 6.9 +12.3
PVAL Principal Contrarian Value Index ETF 1.1 29 6 7.5 +12.8
ONEY SPDR Russell 1000 Yield Focus ETF 1.1 20 15 8.6 +13.9
JDIV JPMorgan U.S. Dividend ETF 1.1 12 23 8.1 +13.4
PY Principal Shareholder Yield Index ETF 1.1 29 6 9.4 +14.7
VLU SPDR S&P 1500 Value Tilt ETF 1.1 12 23 7.5 +12.8
VRAI Virtus Real Asset Income ETF 1.1 55 -20 11.2 +16.6
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 1.0 60 -25 8.5 +13.9
BIBL Inspire ETF 1.0 35 0 4.8 +10.1
SPVU Invesco S&P 500 Enhanced Value ETF 1.0 13 22 11.1 +16.4
NULV Nuveen ESG Large-Cap Value ETF 1.0 35 0 7.6 +12.9
SPYD SPDR S&P 500 High Dividend ETF 1.0 7 28 10.5 +15.8
FTA First Trust Large Cap Value AlphaDEX Fund 0.9 60 -25 9.2 +14.6
EWMC Invesco S&P MidCap 400 Equal Weight ETF 0.9 40 -5 6.8 +12.2
USDY Pacific Global US Equity Income ETF 0.9 29 6 8.0 +13.3
FDM First Trust Dow Jones Select Microcap Index Fund 0.9 60 -25 7.9 +13.2
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.9 39 -4 6.9 +12.2
PSC Principal U.S. Small Cap Index ETF 0.9 38 -3 7.2 +12.5
VLUE iShares Edge MSCI USA Value Factor ETF 0.8 15 20 11.2 +16.5
TPHD Timothy Plan High Dividend Stock ETF 0.8 52 -17 7.3 +12.6
RVRS Reverse Cap Weighted U.S. Large Cap ETF 0.8 29 6 7.4 +12.7
IWS iShares Russell Mid-Cap Value ETF 0.8 24 11 7.3 +12.6
VIOO Vanguard S&P Small-Cap 600 ETF 0.8 10 25 7.1 +12.4
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.8 39 -4 4.4 +9.8
BUY USCF SummerHaven SHPEI Index Fund 0.8 80 -45 10.6 +16.0
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 0.7 17 18 7.0 +12.3
CSD Invesco S&P Spin-Off ETF 0.7 62 -27 6.5 +11.8
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.7 24 11 6.1 +11.4
SMDY Syntax Stratified MidCap ETF 0.7 30 5 6.3 +11.6
NULC Nuveen ESG Large-Cap ETF 0.7 20 15 5.3 +10.6
GNR SPDR S&P Global Natural Resources ETF 0.7 40 -5 6.6 +12.0
PRF Invesco FTSE RAFI US 1000 ETF 0.7 39 -4 6.9 +12.2
EES WisdomTree SmallCap Earnings Fund 0.7 38 -3 11.5 +16.8
GRES IQ Global Resources ETF 0.7 77 -42 7.4 +12.8
SUSA iShares MSCI USA ESG Select ETF 0.7 25 10 4.9 +10.2

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

Content on this tab for subscribers only**

RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

Content on this tab for subscribers only

VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
VanEck Vectors Oil Services ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

AVOID

Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity -2.3 %
Divided by: Fwd. P/BV 0.5 x
Less: Expense ratio 35 bp
Equals: ALTAR Score -5.3 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.65 CATEGORY
AVERAGE
1.53
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.