Investment objective & strategy
As of April 29, 2025 · prospectusObjective. VanEck Oil Services ETF (the Fund) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS US Listed Oil Services 25 Index (the Oil Services Index or the Index).
Strategy. The Fund normally invests at least 80% of its total assets in securities that comprise the Funds benchmark index. For purposes of this policy, the term assets means net assets plus the amount of any borrowings for investment purposes. The Oil Services Index includes common stocks and depositary receipts of U.S. exchange-listed companies in the oil services segment. Such companies may include small- and medium-capitalization companies and foreign companies that are listed on a U.S. exchange. To be initially eligible for inclusion in the Oil Services Index, companies must generate at least 50% of their revenues from oil services to the upstream oil sector, which includes companies engaged primarily in oil equipment, oil services or oil drilling. Of the largest … The Fund normally invests at least 80% of its total assets in securities that comprise the Funds benchmark index. For purposes of this policy, the term assets means net assets plus the amount of any borrowings for investment purposes. The Oil Services Index includes common stocks and depositary receipts of U.S. exchange-listed companies in the oil services segment. Such companies may include small- and medium-capitalization companies and foreign companies that are listed on a U.S. exchange. To be initially eligible for inclusion in the Oil Services Index, companies must generate at least 50% of their revenues from oil services to the upstream oil sector, which includes companies engaged primarily in oil equipment, oil services or oil drilling. Of the largest 50 stocks in the oil services sector by full market capitalization, the top 25 by free-float market capitalization ( e.g. , includes only shares that are readily available for trading in the market) and three month average daily trading volume are included in the Oil Services Index. As of December 31, 2024, the Oil Services Index included 25 securities of companies with a market capitalization range of between approximately $546 million and $54.14 billion and a weighted average market capitalization of $21.14 billion. These amounts are subject to change. The Funds 80% investment policy is non-fundamental and may be changed without shareholder approval upon 60 days prior written notice to shareholders. The Fund, using a passive or indexing investment approach, attempts to approximate the investment performance of the Oil Services Index by investing in a portfolio of securities that generally replicates the Oil Services Index. Unlike many investment companies that try to beat the performance of a benchmark index, the Fund does not try to beat the Oil Services Index and does not seek temporary defensive positions that are inconsistent with its investment objective of seeking to replicate the Oil Services Index. The Fund is classified as a non-diversified fund under the Investment Company Act of 1940, as amended (the Investment Company Act of 1940), and, therefore, may invest a greater percentage of its assets in a particular issuer. The Fund may concentrate its investments in a particular industry or group of industries to the extent that the Oil Services Index concentrates in an industry or group of industries. As of December 31, 2024, each of the oil and gas drilling sub-industry, and oil and gas equipment and services sub-industry represented a significant portion of the Fund.
Top holdings
As of March 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| SLB LTD | — | $475.91M | 20.30% |
| BAKER HUGHES CO | — | $274.87M | 11.73% |
| HALLIBURTON CO | — | $165.62M | 7.07% |
| TECHNIPFMC PLC | — | $149.77M | 6.39% |
| TENARIS SA SPON ADR | TS | $119.23M | 5.09% |
| NOBLE CORP PLC | — | $108.65M | 4.64% |
| TRANSOCEAN LTD | — | $105.46M | 4.50% |
| WEATHERFORD INTERNATIONAL PLC | — | $102.42M | 4.37% |
| VALARIS LTD | — | $93.93M | 4.01% |
| LIBERTY ENERGY INC CL A | — | $83.04M | 3.54% |
Portfolio moves
Dec 31, 2025 → Mar 31, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| Energy Services Fund · RYVIX, RYVAX, RYESX, RYVCX | 80% | 1.42% |
| Energy Services Fund | 77% | 1.73% |
| State Street(R) SPDR(R) S&P(R) Oil & Gas Equipment & Services ETF · XES | 64% | 0.35% |
Advisers
| Firm | Role |
|---|---|
| Van Eck Associates Corporation | Adviser |
Footnotes
- Expense ratio as of April 29, 2025, from the fund's prospectus.
- Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).
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