OIH vs XLE: Differences, Returns & Fees

OIH and XLE hold 8% of their weight in the same names, and OIH returned +53.8% over the year. Net assets: $1.9bn on Oct 9, 2026 for VanEck Oil Services ETF, and $41.9bn on Oct 8, 2026 for State Street Energy Select Sector SPDR ETF.

XLE costs 0.27 points a year less; their one-year returns differ by 1.3 points; XLE is far larger, $41.9bn against $1.8bn.

OIHXLE
Expense ratio0.35%0.08%
Net assets, as of Oct 8, 2026$1.8bn$41.9bn
Total return, 1 year+53.8%+52.5%
What it tracksMVIS US Listed Oil Services 25 IndexEnergy Select Sector Index
Holdings in common8%
Top ten holdings, share of the fund71.3%78.2%
Below its high58.3%, high on Jun 30, 2014

Holdings in common uses holdings dated Oct 8, 2026.

+53.8%
OIH total return, 1 year
+52.5%
XLE total return, 1 year
0.35%
OIH expense ratio
0.08%
XLE expense ratio

What they hold in common

By the books each fund has filed, OIH and XLE hold 8% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Oct 8, 2026.

half

8% in common

Positions both hold, largest shared weight first
Holding OIH XLE
Schlumberger Nv 19.04% 3.66%
Baker Hughes Co 11.69% 2.81%
Halliburton Co 6.26% 1.37%
Only in OIH
Technipfmc Plc 6.60%
Tenaris Sa 5.45%
Solaris Energy Infrastructure Inc 5.32%
Transocean Ltd 4.84%
Weatherford International Plc 4.12%
Nov Inc 4.05%
Noble Corp Plc 3.95%
Valaris Ltd 3.75%
Only in XLE
EXXONMOBIL HOLDINGS CORP 23.49%
CHEVRON CORP 17.66%
CONOCOPHILLIPS 6.81%
MARATHON PETROLEUM CORP 5.20%
VALERO ENERGY CORP 5.11%
PHILLIPS 66 4.84%
WILLIAMS COS INC 4.31%
EOG RESOURCES INC 3.92%

Check overlap with more funds →

On the same fields

OIH
VanEck Oil Services ETF
XLE
State Street Energy Select Sector SPDR ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks an index of Energy
Total return, 1 year +53.8% +52.5%
S&P 500 over the same days +17.3% +17.3%
Gap to the S&P 500 +36.5 pts +35.3 pts
Expense ratio 0.35% 0.08%
Already in the S&P 500 37.3% 99.8%
Holdings 25 22
Net assets, OIH as of Oct 9, 2026 and XLE as of Oct 8, 2026 $1.9bn $41.9bn

OIH and XLE on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

OIH in plain words

OIH tracks an index. Over the year to Oct 9, 2026 it returned +53.8% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.35% a year. By its holdings published by its issuer for Oct 8, 2026, 37% of the fund by weight is stocks the S&P 500 also holds, across 25 positions, with the top ten at 71.3%. It sat 58.3% below its high of Jun 30, 2014 on Oct 9, 2026.

XLE in plain words

XLE tracks an index of Energy. Over the year to Oct 9, 2026 it returned +52.5% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 8, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 22 positions, with the top ten at 78.2%.

Questions people ask

Which returned more over the last year, OIH or XLE?
In the year to Oct 9, 2026, with distributions reinvested, OIH returned +53.8% and XLE +52.5%.
Which is cheaper, OIH or XLE?
XLE is cheaper, by 0.27 percentage points a year. That is about $27 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do OIH and XLE overlap with the S&P 500?
By their latest filed holdings, 37% of OIH and 100% of XLE by weight is stocks the S&P 500 already holds.
Other comparisons
Where these figures came from

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, OIH against XLE, data as of Oct 9, 2026. https://etfiq.com/compare/any/oih-vs-xle

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.