FENY vs OIH: Holdings Overlap
FENYFidelity MSCI Energy Index ETF
Fidelity · 98 holdings · $2.0B · as of 2026-04-30
VanEck · 25 holdings · $1.9B · as of 2026-03-31
Holdings snapshots are 30 days apart (FENY: 2026-04-30, OIH: 2026-03-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are FENY and OIH?
Fidelity MSCI Energy Index ETF (FENY, by Fidelity) holds 98 positions; VanEck Oil Services ETF (OIH, by VanEck) holds 25. They have 24 holdings in common, and by portfolio weight the two funds are 12.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 12.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 24FENY holds 98 · OIH holds 25
- Weight in Shared Holdings
- FENY 12%·OIH 95%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in FENY
74 of 98 positions (87.4% of the fund) are not held by OIH. Showing the top 30 by weight.
Sector Breakdown
| Sector | FENY | OIH |
|---|---|---|
| Energy | 99.7% | 99.9% |
| Other Sectors | 0.0% | 0.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FENY | +5.2% | +30.6% | +40.9% | +13.4% | +22.8% | +9.3% | 2.43% |
| OIH | +6.0% | +36.4% | +67.5% | +6.4% | +17.5% | -2.1% | 1.25% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in FENY vs OIH →
Shared Holdings(24)
The top 10 shared positions account for 85% of the overlap, led by SLB, BKR and HAL.
 SLBSLB Ltd | 3.31% | 20.30% | 3.31% |
|---|---|---|---|
 BKRBaker Hughes Co | 2.68% | 11.73% | 2.68% |
 HALHalliburton Co | 1.43% | 7.07% | 1.43% |
 FTITechnipFMC PLC | 1.25% | 6.39% | 1.25% |
 WFRDWeatherford International PLC | 0.34% | 4.37% | 0.34% |
 NOVNOV Inc | 0.33% | 3.35% | 0.33% |
 RIGNTransocean Ltd | 0.30% | 4.50% | 0.30% |
 VALValaris Ltd | 0.29% | 4.01% | 0.29% |
 NENoble Corp PLC | 0.29% | 4.64% | 0.29% |
 LBRTLiberty Energy Inc | 0.25% | 3.54% | 0.25% |
 PTENPatterson-UTI Energy Inc | 0.22% | 3.32% | 0.22% |
 HPHelmerich & Payne Inc | 0.19% | 2.64% | 0.19% |
 OIIOceaneering International Inc | 0.18% | 2.72% | 0.18% |
 WHDCactus Inc | 0.18% | 2.40% | 0.18% |
 SEISolaris Energy Infrastructure Inc | 0.17% | 3.00% | 0.17% |
 WTTRSelect Water Solutions Inc | 0.12% | 1.63% | 0.12% |
 PUMPProPetro Holding Corp | 0.11% | 1.48% | 0.11% |
| Expro Group Holdings NV | 0.11% | 1.05% | 0.11% |
 HLXHelix Energy Solutions Group Inc | 0.10% | 1.14% | 0.10% |
 NBRNabors Industries Ltd | 0.09% | 0.90% | 0.09% |
 TDWTidewater Inc | 0.09% | 2.69% | 0.09% |
 INVXInnovex International Inc | 0.08% | 0.85% | 0.08% |
 RESRPC Inc | 0.07% | 0.87% | 0.07% |
 CLBCore Laboratories Inc | 0.05% | 0.26% | 0.05% |
Frequently Asked Questions
How much do FENY and OIH overlap?
FENY and OIH overlap by 12.3% of portfolio weight. They share 24 holdings (FENY holds 98 positions and OIH holds 25), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FENY and OIH?
The two portfolios are 12.3% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of FENY and OIH?
The largest positions held by both funds are SLB, BKR, HAL, FTI and WFRD. Together the top 10 shared positions account for 85% of the total overlap.
What does FENY own that OIH doesn't?
74 positions (87.4% of FENY) are unique to FENY, led by XOM, CVX and COP. In the other direction, 1 positions (5.1% of OIH) are unique to OIH.