Abstract-Conventional vertical-cavity surface-emitting lasers (VCSELs) structure generally incorporates 1 to 2 oxidation layers for electrical and optical confinement. Incorporating several oxidation layers (> 2) within the VCSEL's distributed Bragg reflector (DBR) structure is a small and simple to do change, but with big effect. VCSELs structure with multi-oxide layers (MOLs) are expected to demonstrate several advantages over conventional structures. This paper mainly discusses the MOL structure effect on frequency modulation bandwidth (f -3dB ) and slightly touches on single-mode and thermal issues. Simulation results indicated ~68% improvement in f -3dB max , where conventional and MOL VCSELs exhibited f -3dB max values of 22GHz and 37GHz, respectively. In addition, MOL VCSELs maintain single-mode operation with a side mode suppression ratio of >32 dB. On the other hand, MOL structure demonstrated a degraded performance in terms of reduced thermal conductivity values of 0.084 W/cm-K compared to GaAs and AlAs.