Oil Service ETF Leads Gains, Junior Silver Miners ETF Slumps Amid Market Volatility

The VanEck Oil Service ETF is outperforming other ETFs, up 4.3% on Tuesday, driven by gains in Expro Group Holdings and Helix Energy Solutions Group. The Amplify Junior Silver Miners ETF is underperforming, down 5.8%, with Hecla Mining and Coeur Mining experiencing the weakest showing.

The VanEck Oil Service ETF (OIH) saw a notable increase of 4.3% on Tuesday, July 2, 2025, driven by strong performances from Expro Group Holdings (XPRO) and Helix Energy Solutions Group. This outperformance comes despite broader market trends, where the Amplify Junior Silver Miners ETF (SILJ) underperformed by 5.8%, with Hecla Mining and Coeur Mining experiencing particularly weak performances.

The VanEck Oil Service ETF, which seeks to replicate the MVIS US Listed Oil Services 25 Index, has shown resilience in recent weeks. As of July 8, 2025, the ETF's stock price climbed to $249.87 with 315,373 million shares trading [1]. The ETF has a beta of 1.18, indicating higher sensitivity to market movements, and a market capitalization of $1.06 billion, classifying it as a small-cap stock [1].

Expro Group Holdings, a key component of the VanEck Oil Service ETF, reported significant gains on Tuesday. The company's stock price increased by 3.5%, contributing to the ETF's overall performance. Helix Energy Solutions Group also showed strong gains, with its stock price rising by 4.2%. These gains are likely due to positive earnings reports and market optimism in the oil services sector.

In contrast, the Amplify Junior Silver Miners ETF (SILJ) experienced a decline of 5.8%, with Hecla Mining and Coeur Mining leading the downturn. This underperformance can be attributed to a combination of factors, including weak commodity prices and geopolitical risks. The Amplify Junior Silver Miners ETF tracks a basket of junior silver mining companies, and its performance is closely tied to the broader silver market.

The VanEck Oil Service ETF's performance highlights the sector's resilience and the potential for gains in the oil services industry. As Expro Group Holdings and Helix Energy Solutions Group continue to report strong earnings, the ETF is likely to maintain its upward trajectory. However, investors should remain cautious and monitor market conditions closely.

References:
[1] https://marketchameleon.com/Overview/OIH/Summary/
[2] https://finance.yahoo.com/news/expro-group-holdings-n-v-110000520.html