Oil Services ETFs Look for Relief

Markets ETF Trends

The VanEck Vectors Oil Service ETF (NYSEArca: OIH), the largest oil services ETF and a fund that is heavily allocated to the industry’s biggest names due to its cap-weighted methodology, is off 26% year-to-date, underscoring the vulnerability of this industry to sliding oil prices. Some analysts are expressing concern oil services stocks will remain depressed…Click to read more at ETFtrends.com.

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