OIH vs VTI

Quick Verdict

VTI has a lower expense ratio. OIH delivered stronger 1-year returns. VTI offers more diversification with 3,543 holdings.

Lower Fees: VTIHigher Returns: OIHMore Diversified: VTI

Side-by-Side Comparison

MetricOIHVTIWinner
Expense Ratio0.35%0.03%
AUM$2.0B$666.9B
Dividend Yield1.32%1.07%
Holdings273,543
YTD Return+38.71%+14.96%
1Y Return+73.78%+22.39%
3Y Return (annualized)+7.17%+21.51%
5Y Return (annualized)+18.62%+12.36%
Volatility (annualized)36.9%15.4%
Max Drawdown-94.4%-56.6%
Fund FamilyVanEckVanguard (US)
CategoryEquityEquity
InceptionDec 20, 2011May 24, 2001

OIH vs VTI Performance

VanEck Oil Services ETF (OIH) is a ETF from VanEck and Vanguard Morningstar Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year OIH returned +73.78% while VTI returned +22.39%. Year to date, OIH is up 38.71% versus a gain of 14.96% for VTI.

Over three years, OIH compounded at +7.17% per year against +21.51% for VTI; over five years the annualized figures are +18.62% and +12.36% respectively. Across the full 25-year window we track, VTI has the edge at +8.16% annualized vs -0.26%. 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 15.4% for VTI. 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 -94.4% for OIH and -56.6% for VTI. 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 0.61. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

OIH charges 0.35% per year while VTI 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 1.07% for VTI.

Holdings Overlap

0.3%overlap

OIH and VTI share 20 holdings out of 2792 unique holdings combined, representing a 0.3% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in OIHWeight in VTIDifference
SLB19.71%0.10%19.61%
BKR12.74%0.08%12.66%
0RMV:LN7.03%0.04%6.99%
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OIIProProPro
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Frequently Asked Questions

Which is cheaper, OIH or VTI?

OIH has an expense ratio of 0.35% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $32 per year of difference.

Which performed better, OIH or VTI?

Over the past year OIH returned +73.78% vs +22.39% for VTI, so OIH leads on 1-year performance. Over the longest common window we track (25 years), OIH annualized -0.26% vs +8.16% for VTI. Past performance does not guarantee future results.

Which is riskier, OIH or VTI?

OIH has been the more volatile fund at 36.9% annualized versus 15.4% for VTI. Worst drawdown: OIH -94.4% vs VTI -56.6%.

Should I hold both OIH and VTI?

OIH and VTI have a monthly-return correlation of 0.61, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between OIH and VTI?

OIH and VTI share 20 common holdings with a 0.3% weight overlap. Combined, they hold 2792 unique securities.

Which pays a higher dividend, OIH or VTI?

OIH yields 1.32% while VTI yields 1.07%, so OIH currently pays the higher dividend yield.

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