OIH vs VOO
VanEck Oil Services ETF vs Vanguard S&P 500 ETF
Which is better, OIH or VOO?
Small Cap Value against Large Cap Blend.
VOO has a lower expense ratio. OIH led over 1Y and 5Y, VOO over 3Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 70.5%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | OIH | VOO |
|---|---|---|
| Expense Ratio | 0.35% | 0.03%Best |
| AUM | $2.0B | $997.4B |
| Dividend Yield | 1.32% | 1.08% |
| Holdings | 26 | 509 |
| YTD Return | +45.21%Best | +13.81% |
| 1Y Return | +75.03%Best | +21.53% |
| 3Y Return (annualized) | +7.95% | +21.46%Best |
| 5Y Return (annualized) | +19.35%Best | +12.87% |
| Volatility (annualized) | 39.3% | 14.1%Best |
| Max Drawdown | -93.3% | -34.3%Best |
| $10,000 over 5 years | $24,217Best | $18,319 |
| Top 10 Weight | 70.5% | 36.4%Best |
| Fund Family | VanEck | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Value | Large Cap Blend |
| Inception | Dec 20, 2011 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 3, 2026 (16 years).
OIH vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 16 years both funds cover.
OIH vs VOO Performance
VanEck Oil Services ETF (OIH) is an ETF from VanEck and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year OIH returned +75.03% while VOO returned +21.53%. Year to date, OIH is up 45.21% versus a gain of 13.81% for VOO.
Over three years, OIH compounded at +7.95% per year against +21.46% for VOO; over five years the annualized figures are +19.35% and +12.87% respectively. Across the full 16-year window we track, VOO has the edge at +13.51% annualized vs -1.55%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OIH has been the more volatile fund, with annualized monthly volatility of 39.3% compared with 14.1% for VOO. 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 -93.3% for OIH and -34.3% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.60. They move together some of the time, and apart the rest.
Fees and Cost Over Time
OIH charges 0.35% per year while VOO charges 0.03%. On a $10,000 position that is $35 vs $3 annually, a gap of $32 per year that compounds over a long holding period. On income, OIH currently yields 1.32% against 1.08% for VOO.
Holdings Overlap
38.3% of OIH's money is in holdings VOO also owns. 0.2% of VOO's money is in holdings OIH also owns.
The two portfolios partly overlap.
3 positions in common, counted across the 25 positions we hold weights for in OIH and 505 in VOO, against full books of 26 and 509.
What only one of them owns
Our book lists 494 positions for VOO that do not appear in our book for OIH (99.3% of the fund), and 18 for OIH that do not appear in VOO (41.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
38.3% of OIH is already inside VOO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, OIH or VOO?
OIH has an expense ratio of 0.35% while VOO charges 0.03%. VOO is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, OIH or VOO?
Over the past year OIH returned +75.03% vs +21.53% for VOO, so OIH leads on 1-year performance. Over the longest common window we track (16 years), OIH annualized -1.55% vs +13.51% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OIH or VOO?
OIH has been the more volatile fund at 39.3% annualized versus 14.1% for VOO. Worst drawdown: OIH -93.3% vs VOO -34.3%.
Should I hold both OIH and VOO?
OIH and VOO have a monthly-return correlation of 0.60, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between OIH and VOO?
38.3% of OIH's money is in holdings VOO also owns. 0.2% of VOO's is in holdings OIH also owns. They hold 3 positions in common, counted across the 25 positions we hold weights for in OIH and 505 in VOO.
Which pays a higher dividend, OIH or VOO?
OIH yields 1.32% while VOO yields 1.08%, so OIH currently pays the higher dividend yield.
Is VOO better than OIH?
VOO has a lower expense ratio. OIH led over 1Y and 5Y, VOO over 3Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 70.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.