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VanEck Oil Services ETF
OIH (VanEck Oil Services ETF) is an index Commodities ETF by VanEck. With a 0.35% MER, it provides diversified exposure through 19 holdings. Annual distribution with a 1.23% yield.
OIH by VanEck is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.35% MER, its fees are in line with category averages.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).