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CRAK
VanEck Vectors Oil Refiners ETF

Fund Description

VanEck Vectors® Oil Refiners ETF (CRAK®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Global Oil Refiners Index (MVCRAKTR), which is a rules-based, modified capitalization weighted index intended to give investors a means of tracking the overall performance of companies involved in crude oil refining which may include: gasoline, diesel, jet fuel, fuel oil, naphtha, and other petrochemicals.

 
 

  • Fund Ticker

    CRAK
  • Exchange

    NYSE Arca
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    State Street Bank and Trust Company
  • Index Ticker

    MVCRAKTR
  • Index Rebalancing

    Quarterly

 
as of 05/27/20

  • 30-Day SEC Yield1

    3.53%
  • Total Net Assets

    $20.2M
  • Number of Holdings

    25
  • Options

    Expected
  • Gross Expense Ratio2

    1.03%
  • Net Expense Ratio/TER2

    0.60%
  • Distribution Frequency

    Annual

Morningstar™ Ratings3
as of 04/30/2020

Category Overall 3 Year 5 Year
Equity Energy
5 stars of 85 Funds
5 stars of 85 Funds

--

Key Points

  • One-Trade Access to Oil Refiners
    An industry that may generally benefit from lower oil prices

  • Differentiated Segment of the Energy Sector
    A segment that has historically interacted differently with oil prices and market dynamics than other energy segments

  • Pure Play with Global Scope 
    Companies must derive at least 50% of total revenues from oil refining to be added to the Index

Trading Information

  • Fund Ticker

    CRAK
  • Index Total Return Ticker

    MVCRAKTR
  • NAV

    CRAKNV
  • Intraday NAV (IIV)4

    CRAKIV
  • Shares Outstanding

    900,000
  • Estimated Cash

    CRAKEU
  • Total Cash

    CRAKTC
  • CUSIP

    92189F585
  • ISIN

    US92189F5851
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.50%
  • Other Expenses

    0.53%
  • Gross Expense Ratio

    1.03%
  • Fee Waivers and
    Expense Reimbursement

    -0.43%
  • Net Expense Ratio/TER2

    0.60%
2Expenses for CRAK are capped contractually at 0.59% until May 1, 2021. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.

Prices as of 05/27/20

NAV/
Market Price
Volume
30-Day Avg./
Last Trading Day
Daily Change
NAV/
Last Price
YTD Change
NAV/
Last Price
Premium/
Discount
Prem/Discount
Distribution Charts
NAV &
Prem/Discount
History
30-Day
Median
Bid Ask
Spread
NAV
Chart
CRAK $22.42
$22.50
31,776
15,891
$0.34 / +1.55%
$0.37 / +1.67%
-22.73%
-22.06%
$0.08
0.37%
0.52%

Premium/Discount History as of 05/27/20

Calendar Year 2019 2Q 2019 3Q 2019 4Q 2019 1Q 2020 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 73 24 8 28 14
CRAK Days closed at NAV 20 3 3 7 0
Days closed at a discount 159 36 53 29 48

Performance History: Average Annual Total Returns* (%)

1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
08/18/15
CRAK (NAV) 20.40 -19.28 -27.99 -26.65 -1.05 -- -- 3.18
CRAK (Share Price) 19.58 -19.04 -27.85 -26.74 -1.43 -- -- 3.12
MVCRAKTR (Index) 19.93 -19.93 -28.34 -26.78 -1.05 -- -- 3.16
Performance Differential (NAV - Index) 0.47 0.65 0.35 0.13 0.00 -- -- 0.02
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
08/18/15
CRAK (NAV) -24.43 -40.19 -40.19 -38.83 -6.67 -- -- -0.83
CRAK (Share Price) -23.43 -39.66 -39.66 -38.58 -6.75 -- -- -0.75
MVCRAKTR (Index) -23.71 -40.25 -40.25 -38.72 -6.53 -- -- -0.76
Performance Differential (NAV - Index) -0.72 0.06 0.06 -0.11 -0.14 -- -- -0.07

Top 10 Holdings (%) as of 04/30/20 Daily Holdings

Total Holdings: 25
Swipe
to view
full data
Holding Name
Ticker
Shares Market Value
(US$)
% of Net
Assets
PHILLIPS 66
PSX US
23,259
1,701,861 9.58
RELIANCE INDUSTRIES LTD
RIGD LI
40,984
1,555,202 8.76
VALERO ENERGY CORP
VLO US
20,624
1,306,530 7.36
MARATHON PETROLEUM CORP
MPC US
31,936
1,024,507 5.77
NESTE OYJ
NESTE FH
27,238
961,441 5.41
HOLLYFRONTIER CORP
HFC US
28,629
945,902 5.33
POLSKI KONCERN NAFTOWY ORLEN SA
PKN PW
59,471
904,398 5.09
JXTG HOLDINGS INC
5020 JP
253,000
900,164 5.07
FORMOSA PETROCHEMICAL CORP
6505 TT
270,000
810,085 4.56
IDEMITSU KOSAN CO LTD
5019 JP
34,368
783,720 4.41
Top 10 Total (%) 61.34
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 04/30/20

  • Country

    % of Net Assets
  • United States

    31.78
  • Japan

    10.79
  • India

    8.76
  • Poland

    6.87
  • South Korea

    6.34
  • Finland

    5.41
  • Taiwan

    4.56
  • Portugal

    4.27
  • Austria

    4.17
  • Hungary

    4.01
  • Australia

    3.67
  • Saudi Arabia

    3.61
  • Turkey

    2.16
  • Thailand

    2.00
  • Greece

    1.34
  • Other/Cash

    0.25

Sector Weightings (%) as of 04/30/20

  • Sector

    % of Net Assets
  • Energy

    97.4
  • Industrials

    2.4
  • Other/Cash

    0.2