VanEck Oil Refiners ETF
$67.94+2.13 (+3.24%)
- 0.61%
- $718M
- +89.1%
- 1.15%
- 0.4M sh
- $65.69
- low $35.68high $67.42
The ETF.net CRAK Grade
C
Score 48 out of 100
- 11 of 25
Score 48 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D38 out of 100Rank 16 of 25Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B62 out of 100Rank 10 of 24Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C45 out of 100Rank 14 of 25Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C54 out of 100Rank 15 of 25Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B65 out of 100Rank 10 of 25
Our read on CRAK
CThe refinery trade in one ticker. CRAK owns the global companies that turn crude into gasoline, diesel and jet fuel, businesses whose economics ride the processing spread rather than the price of a barrel.
The fund seeks to track, before fees and expenses, the price and yield performance of the MVIS Global Oil Refiners Index, a rules-based modified-capitalization-weighted index covering companies involved in crude-oil refining and related refined petroleum products.
Why people hold it
- A real pure play: the index only admits companies generating at least 50% of revenue from crude oil refining, so you get processors, not drillers with a refinery attached.sec.gov
- Global by design. The index covers the worldwide refining segment and can hold depositary receipts, reaching refiners listed well outside the US.sec.gov
- A different engine from broad energy funds: refiners buy crude and sell gasoline, diesel, jet fuel and naphtha, so the input-to-output spread drives the business.sec.gov
- Trading since 2015, a long run for a single-industry theme fund, and built on a rules-based index rather than a manager's picks.sec.gov
Worth knowing
- At 0.61% a year, it costs more than broad energy index funds such as XLE and FENY at 0.08%. That is the toll for slicing out one link in the chain.
- Non-diversified and about 30 names, so one refiner's outage or margin miss can move the whole fund.sec.gov
- Overseas holdings bring currency and foreign-market risk, and distributions land annually or semiannually rather than monthly.sec.gov
CRAK Holdings
- Stocks
- 29
- 61%
- MPC
Sectors
- Energy95.2%
- Industrials3.3%
- Materials1.5%
Geography
- United States38.27%
- Japan10.20%
- South Korea9.92%
- India6.33%
- Poland5.51%
- Finland4.80%
- Portugal4.57%
- Austria4.50%
- 15.91%
Developed 43% · Emerging 57%
CRAK Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
CRAK$18,912
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | CRAK |
|---|---|
| Year to date | +75.4% |
| 1 month | +0.2% |
| 3 months | +30.8% |
| 1 year | +89.1% |
| 3 years | +30.5% |
| 5 years | +20.4% |
| 10 years | +15.9% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | CRAK |
|---|---|---|
| 2026 YTD | +75.4% | |
| 2025 | +39.2% | |
| 2024 | −15.1% | |
| 2023 | +13.7% | |
| 2022 | +19.1% | |
| 2021 | +10.9% | |
| 2020 | −11.2% |
CRAK in the news
CRAK Dividends
- 1.15%
- $0.76
- $0.76 per share
- Annual
Distribution history
CRAK Risk
- 21.0%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.03
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −35.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.44
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
CRAK Cost
0.61%
CRAK0.61%
- The middle half of Energy (Broad) funds
- Median 0.46%
14 of the 24 Energy (Broad) funds charge less.
Other funds in Energy (Broad)
- CEINCVanEck Energy Income ETFExpense ratio 0.46%1 year return +29.7%
- CFXNFirst Trust Energy AlphaDEX FundExpense ratio 0.63%1 year return +57.2%
- CFCGFirst Trust Natural Gas ETFExpense ratio 0.59%1 year return +40.2%
- CTSESTruth Social American Energy Security ETFExpense ratio 0.65%1 year return —
- CEMLPFirst Trust North American Energy Infrastructure FundExpense ratio 0.95%1 year return +16.4%