OIH vs VYM
VanEck Oil Services ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. OIH delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | OIH | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.04% | |
| AUM | $2.0B | $79.0B | |
| Dividend Yield | 1.31% | 2.86% | |
| Holdings | 27 | 568 | |
| YTD Return | +38.97% | +16.10% | |
| 1Y Return | +79.14% | +25.99% | |
| 3Y Return (annualized) | +6.91% | +18.29% | |
| 5Y Return (annualized) | +18.16% | +12.35% | |
| Volatility (annualized) | 36.9% | 14.6% | |
| Max Drawdown | -94.4% | -58.8% | |
| Fund Family | VanEck | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Dec 20, 2011 | Nov 10, 2006 |
OIH vs VYM Performance
VanEck Oil Services ETF (OIH) is a ETF from VanEck and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year OIH returned +79.14% while VYM returned +25.99%. Year to date, OIH is up 38.97% versus a gain of 16.10% for VYM.
Over three years, OIH compounded at +6.91% per year against +18.29% for VYM; over five years the annualized figures are +18.16% and +12.35% respectively. Across the full 20-year window we track, VYM has the edge at +7.08% annualized vs -0.25%. 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 14.6% for VYM. 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 -58.8% for VYM. 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 0.65. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
OIH charges 0.35% per year while VYM charges 0.04%. On a $10,000 position that is $35 vs $4 annually, a gap of $31 per year that compounds over a long holding period. On income, OIH currently yields 1.31% against 2.86% for VYM.
Holdings Overlap
OIH and VYM share 9 holdings out of 574 unique holdings combined, representing a 0.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, OIH or VYM?
OIH has an expense ratio of 0.35% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $31 per year of difference.
Which performed better, OIH or VYM?
Over the past year OIH returned +79.14% vs +25.99% for VYM, so OIH leads on 1-year performance. Over the longest common window we track (20 years), OIH annualized -0.25% vs +7.08% for VYM. Past performance does not guarantee future results.
Which is riskier, OIH or VYM?
OIH has been the more volatile fund at 36.9% annualized versus 14.6% for VYM. Worst drawdown: OIH -94.4% vs VYM -58.8%.
Should I hold both OIH and VYM?
OIH and VYM have a monthly-return correlation of 0.65, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between OIH and VYM?
OIH and VYM share 9 common holdings with a 0.9% weight overlap. Combined, they hold 574 unique securities.
Which pays a higher dividend, OIH or VYM?
OIH yields 1.31% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
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