Why VanEck Oil Services ETF moves
VanEck Oil Services ETF rose sharply.
Written after the close on ·
Why today
16,437 news analyzed todayVanEck Oil Services ETF rose sharply.
Over the same day the S&P 500 rose only slightly, so OIH clearly outpaced it.
Oil prices were falling on hopes of Middle East diplomacy, which pressured the oil sector, so the rise is hard to tie to one event.
Over the last five trading days OIH fell very sharply, a much bigger drop than the market's.
The week's decline was a very large move for this fund, rare in the past year.
Today's move of +2.44% was 2.6 times a normal day's 0.9%. S&P 500 moved +0.31% on the same day.
VanEck Oil Services ETF +2.44%S&P 500 +0.31%Much stronger than the market
What the key figures say about VanEck Oil Services ETF
The figures connect what VanEck Oil Services ETF earns with what investors pay.
The line shows the share price in the same year, on its own scale.
Money paid to shareholders per share, summed by calendar year.
2017–2025: $1.81–$13.56.
The dividend explained
A dividend is money paid to shareholders. VanEck Oil Services ETF paid $4.87 per share in the twelve months through November 6, 2026.
On the ex-dividend day, December 22, 2025, VanEck Oil Services ETF traded without the right to the $4.87 dividend. The price went from $285.39 to $284.46; including the dividend, the day's change was +1.4%. Entitlement passes from the company to shareholders on the ex-day; payment comes later.
2016: $9.322017: $13.562018: $5.982019: $5.822020: $1.892021: $1.812022: $2.892023: $4.222024: $5.442025: $4.87
What followed similar falls?
Including reinvested dividends, VanEck Oil Services ETF fell 13.5% over the latest five trading days. Since November 7, 2016, falls at least this large were followed by a higher value 21 trading days later in 8 out of 14 non-overlapping periods. The median was +1.7%, against +0.7% for an ordinary 21-day period, which ended higher 53 times in 100.
Such a fall has not said much about the next month.
+1.7% · 8/14
$10,000 in VanEck Oil Services ETF bought on November 7, 2016 is worth $7,450 today, with dividends reinvested.
The same amount in S&P 500 with dividends would have become $40,400.
What would $10,000 in VanEck Oil Services ETF be worth today? →
What would $10,000 in VanEck Oil Services ETF be worth today?
$7,450
with dividends reinvested, bought on November 7, 2016. The same amount in S&P 500 with dividends would have become $40,400.
At worst it was worth $1,300 (March 18, 2020).
The five biggest days of the journey
· −32.2% · the whole market fell 7.6% the same day
· +18.9% · the whole market rose 1.2% the same day
· +17.8% · the whole market rose 9.4% the same day
· −14.7% · the whole market fell 9.5% the same day
· −14.4% · the whole market fell 5.9% the same day
Earlier days
−13.47% market −2.70% VanEck Oil Services ETF fell very sharply over the week, more than the broader market, which also fell sharply. Read →
VanEck Oil Services ETF fell very sharply over the week, more than the broader market, which also fell sharply.
The move was very big for this fund, rare in the past year.
Oil prices slid as hopes grew for easing Gulf tensions and worries about renewed US strikes on Iran shifted.
Oil prices also fell sharply after the US midterm elections, which lowered expectations of a prolonged Iran conflict.
−5.03% market −4.41% VanEck Oil Services ETF fell, a rare drop for it. Read →
VanEck Oil Services ETF fell, a rare drop for it.
The S&P 500 also fell very sharply, so the ETF moved in line with the market.
Oil prices slid as the Iran war outlook improved after the midterm vote.
Over the last five trading days the ETF fell very sharply, moving more than the market did.
−4.95% market +1.65% OIH fell as oil plunged on Democratic midterm win. Read →
OIH fell as oil plunged on Democratic midterm win.
VanEck Oil Services ETF Arca fell very sharply in the last session, while the S&P 500 rose strongly.
The drop followed a plunge in crude oil after Democrats won the midterm elections, which raised hopes the Iran war could end.
Oil and energy stocks were hit hardest, since lower oil prices hurt the companies OIH tracks.
Over the last five trading days, OIH fell very sharply, far more than the S&P 500, which dipped slightly.
−5.48% market −0.48% VanEck Oil Services ETF fell, moving far more than the market. Read →
VanEck Oil Services ETF fell, moving far more than the market.
Oil prices slid on hopes for Iran peace talks, easing supply fears that had been supporting energy shares.
Over the last five trading days the ETF fell clearly, also more than the S&P 500.
Such a move is very rare for this fund, happening only about twice in the past year.
Trading volume was around its usual level.
+5.40% market −0.52% VanEck Oil Services ETF rose very sharply, moving against a falling market. Read →
VanEck Oil Services ETF rose very sharply, moving against a falling market.
Oil prices surged as Middle East tensions rose, lifting energy stocks.
Over the last five trading days, the ETF rose clearly while the S&P 500 fell slightly.
The move was very big for this fund, about five times its normal daily swing.
Trading was well above its usual level.
+3.97% market −0.43% VanEck Oil Services ETF, an exchange-traded fund that holds oil service companies, rose clearly over the last five trading days while the broad market slipped. Read →
VanEck Oil Services ETF, an exchange-traded fund that holds oil service companies, rose clearly over the last five trading days while the broad market slipped.
The rise was likely driven by oil prices climbing on Middle East conflict, including Houthi attacks and Saudi-related tensions, which lifted demand for oil service firms.
Over the same days the S&P 500, the main US stock index, fell slightly, so the fund moved against the market.
Investors also rotated into Treasury bonds, which are government debt seen as safe, while tech stocks sold off.
−4.21% market −1.18% The fund fell very sharply, a very big move for it, and traded well above its usual volume. Read →
The fund fell very sharply, a very big move for it, and traded well above its usual volume.
Over the same session the S&P 500 also fell sharply, so the fund moved more than the market.
The broad sell-off was driven by tech stock weakness and worries about the Middle East.
Over the last five trading days the fund was roughly unchanged, while the S&P 500 fell slightly.
+2.26% market +0.53% VanEck Oil Services ETF rose sharply, more than the S&P 500, which rose clearly. Read →
VanEck Oil Services ETF rose sharply, more than the S&P 500, which rose clearly.
The rise is most likely driven by oil prices, which were elevated after Brent hit a five-month high, lifting oil service stocks.
Over the last five trading days the ETF rose clearly, while the S&P 500 rose only slightly.
Traders are also watching the Strait of Hormuz energy shock warnings and US moves to release heating oil reserves.