| OIH | |
|---|---|
| Total return | -22.1% |
| Annualised (CAGR) | -2.5% |
| Volatility (annualised) | +44.8% |
| Sharpe (rf = 0) | -0.06 |
| Deepest drawdown | -89.6% |
| Drawdown peak → trough | 2017-01-06 → 2020-03-18 |
| Dividend yield (12m distributions) | 1.28% (as of 2026-09-29) |
Over the 10.0 years to 2026-09-29 the fund returned -22.1% in total (-2.5% a year), with a deepest drawdown of -89.6% from 2017-01-06 to 2020-03-18. Its worst calendar year was 2018 (-45.0%), its best 2022 (+66.2%).
| Year | OIH |
|---|---|
| 2026 | +33.5% |
| 2025 | +6.8% |
| 2024 | -10.5% |
| 2023 | +3.2% |
| 2022 | +66.2% |
| 2021 | +21.3% |
| 2020 | -41.2% |
| 2019 | -3.6% |
| 2018 | -45.0% |
| 2017 | -19.7% |
| 2016 | +17.2% |
-22.1% in total, which works out to -2.5% a year over the 10 years to 2026-09-29. Both figures assume dividends were reinvested and the fund's own fees were already deducted, so they are what an investor would have kept — before tax.
2018 — its calendar-year return was -45.0% (net of fees, dividends reinvested). Its best year was 2022 (+66.2%).
-89.6%, from a peak on 2017-01-06 to a trough on 2020-03-18. As of 2026-09-29 it had not climbed back to that earlier peak.
Over the last 12 months it distributed 1.28% of its share price (as of 2026-09-29). That is a past distribution, not a promise of future income, and it is already counted in every return figure on this page.
It does not say OIH is a good or bad fund, and it is not a forecast. Returns above are history: they already include dividends and already exclude the fund's own fees. A drawdown of -89.6% means an investor who bought at the peak would have watched that much value disappear before it recovered — how long that takes is the part most tables leave out.