OIH vs VYM
VanEck Oil Services ETF vs Vanguard High Dividend Yield ETF
Which is better, OIH or VYM?
Small Cap Value against Large Cap Value.
VYM has a lower expense ratio. OIH led over 1Y and 5Y, VYM over 3Y and the full window. VYM is less concentrated, with 25.9% 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 | VYM |
|---|---|---|
| Expense Ratio | 0.35% | 0.04%Best |
| AUM | $2.0B | $81.6B |
| Dividend Yield | 1.32% | 2.24% |
| Holdings | 26 | 613 |
| YTD Return | +45.21%Best | +15.29% |
| 1Y Return | +75.03%Best | +22.23% |
| 3Y Return (annualized) | +7.95% | +18.81%Best |
| 5Y Return (annualized) | +19.35%Best | +12.14% |
| Volatility (annualized) | 38.7% | 14.5%Best |
| Max Drawdown | -94.4% | -58.8%Best |
| $10,000 over 5 years | $24,217Best | $17,734 |
| Top 10 Weight | 70.5% | 25.9%Best |
| Fund Family | VanEck | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Value | Large Cap Value |
| Inception | Dec 20, 2011 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Nov 16, 2006 to Sep 3, 2026 (19.8 years).
OIH vs VYM 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 19.8 years both funds cover.
OIH vs VYM Performance
VanEck Oil Services ETF (OIH) is an ETF from VanEck and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year OIH returned +75.03% while VYM returned +22.23%. Year to date, OIH is up 45.21% versus a gain of 15.29% for VYM.
Over three years, OIH compounded at +7.95% per year against +18.81% for VYM; over five years the annualized figures are +19.35% and +12.14% respectively. Across the full 20-year window we track, VYM has the edge at +7.02% annualized vs -1.92%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OIH has been the more volatile fund, with annualized monthly volatility of 38.7% compared with 14.5% 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 what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.65. They move together some of the time, and apart the rest.
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 1.32% against 2.24% for VYM.
Holdings Overlap
54.0% of OIH's money is in holdings VYM also owns. 0.7% of VYM's money is in holdings OIH also owns.
The two portfolios partly overlap.
8 positions in common, counted across the 25 positions we hold weights for in OIH and 603 in VYM, against full books of 26 and 613.
What only one of them owns
Our book lists 561 positions for VYM that do not appear in our book for OIH (96.7% of the fund), and 12 for OIH that do not appear in VYM (25.2%).
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.
Top Shared Holdings
| Stock | Weight in OIH | Weight in VYM | Difference |
|---|---|---|---|
| SLBSchlumberger Nv. | 19.71% | 0.29% | 19.42% |
| BKRBaker Hughes Co | 12.74% | 0.23% | 12.51% |
| HALHalliburton Co. | 5.84% | 0.12% | 5.72% |
| NENoble Corp Plc Ordinary Shares | 4.10% | 0.02% | 4.08% |
| NOVNov Inc Common Stock | 3.66% | 0.03% | 3.63% |
| PTENPatterson-Uti Energy Inc | 2.90% | 0.01% | 2.89% |
| LBRTLiberty Oilfield Services, Inc. | 2.62% | 0.02% | 2.60% |
| HPHelmerich & Payne, Inc. | 2.46% | 0.01% | 2.45% |
54.0% of OIH is already inside VYM.
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 VYM?
OIH has an expense ratio of 0.35% while VYM charges 0.04%. VYM is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, OIH or VYM?
Over the past year OIH returned +75.03% vs +22.23% for VYM, so OIH leads on 1-year performance. Over the longest common window we track (20 years), OIH annualized -1.92% vs +7.02% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OIH or VYM?
OIH has been the more volatile fund at 38.7% annualized versus 14.5% 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 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 VYM?
54.0% of OIH's money is in holdings VYM also owns. 0.7% of VYM's is in holdings OIH also owns. They hold 8 positions in common, counted across the 25 positions we hold weights for in OIH and 603 in VYM.
Which pays a higher dividend, OIH or VYM?
OIH yields 1.32% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
Is VYM better than OIH?
VYM has a lower expense ratio. OIH led over 1Y and 5Y, VYM over 3Y and the full window. VYM is less concentrated, with 25.9% 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.