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How Much Did Oilfield Services Sector Suffer on Monday’s Crash?

Alex Chamberlin
How Much Did Oilfield Services Sector Suffer on Monday’s Crash?

Trump’s Policy Sees Market Tumble: Were Oilfield Services Spared? The Energy Select Sector SPDR ETF (XLE), which tracks an index of US energy companies, decreased 2% on June 25. In comparison, the VanEck Vectors Oil Services ETF (OIH), which tracks an index of 25 OFS (oilfield equipment and services companies), fell 2.6% and underperformed SPY and XLE.