Halliburton and Baker Hughes combine for over 13% of OIH’s weight and 15.6% of IEZ’s weight. The glum headlines come as the sector is in the middle of a spate of earnings reports that OIH and IEZ have not reacted well to. Since Schlumberger reported its second-quarter results last Friday, IEZ is down 1.2% while OIH is lower by 1.4%. [A Pre-Earnings Look at the Oil Services ETF]
Market Vectors Oil Services ETF
ETF Trends editorial team contributed to this post.