IVV vs OIH
iShares Core S&P 500 ETF vs VanEck Oil Services ETF
Quick Verdict
IVV has a lower expense ratio. OIH delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | OIH | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.35% | |
| AUM | $865.2B | $2.0B | |
| Dividend Yield | 1.09% | 1.31% | |
| Holdings | 508 | 27 | |
| YTD Return | +13.72% | +39.61% | |
| 1Y Return | +21.64% | +77.22% | |
| 3Y Return (annualized) | +21.55% | +7.41% | |
| 5Y Return (annualized) | +13.27% | +18.29% | |
| Volatility (annualized) | 15.1% | 36.9% | |
| Max Drawdown | -56.5% | -94.4% | |
| Fund Family | iShares by BlackRock (US) | VanEck | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Dec 20, 2011 |
IVV vs OIH Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and VanEck Oil Services ETF (OIH) is a ETF from VanEck. Over the past year IVV returned +21.64% while OIH returned +77.22%. Year to date, IVV is up 13.72% versus a gain of 39.61% for OIH.
Over three years, IVV compounded at +21.55% per year against +7.41% for OIH; over five years the annualized figures are +13.27% and +18.29% respectively. Across the full 26-year window we track, IVV has the edge at +7.04% annualized vs -0.24%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OIH has been the more volatile fund, with annualized monthly volatility of 36.9% compared with 15.1% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -56.5% for IVV and -94.4% for OIH. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.60. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while OIH charges 0.35%. On a $10,000 position that is $3 vs $35 annually, a gap of $32 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 1.31% for OIH.
Holdings Overlap
IVV and OIH share 3 holdings out of 527 unique holdings combined, representing a 0.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or OIH?
IVV has an expense ratio of 0.03% while OIH charges 0.35%. IVV is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, IVV or OIH?
Over the past year IVV returned +21.64% vs +77.22% for OIH, so OIH leads on 1-year performance. Over the longest common window we track (26 years), IVV annualized +7.04% vs -0.24% for OIH. Past performance does not guarantee future results.
Which is riskier, IVV or OIH?
OIH has been the more volatile fund at 36.9% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs OIH -94.4%.
Should I hold both IVV and OIH?
IVV and OIH have a monthly-return correlation of 0.60, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and OIH?
IVV and OIH share 3 common holdings with a 0.2% weight overlap. Combined, they hold 527 unique securities.
Which pays a higher dividend, IVV or OIH?
IVV yields 1.09% while OIH yields 1.31%, so OIH currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.