Pressure Lingers for Oil Services ETFs
July 17, 2020 at 13:26 PM EDT
Oil services ETFs, including the VanEck Vectors Oil Services ETF (NYSEArca: OIH), are often highly correlated to the price of oil, meaning the group has been under pressure amid this year’s wilting oil prices. OIH seeks to replicate as closely as possible the price and yield performance of...