Chart of the Day: Oil Services

Despite the recent outflows in OIH, the fund has basically scratched for the year in terms of asset growth, losing only $6.5 million year to date. Other Oil Services specific ETFs that should be watched closely here include IEZ (iShares U.S. Oil Equipment & Services, Expense Ratio 0.48%), XES (SPDR S&P Oil & Gas Equipment & Services, Expense Ratio 0.35%), and PXJ (PowerShares Dynamic Oil & Gas Services Portfolio, Expense Ratio 0.60%).

Market Vectors Oil Services ETF

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