CRAKVanEck 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 03/01/21
-
30-Day SEC Yield1
2.15% -
Total Net Assets
$20.1M -
Number of Holdings
25 -
Options
Expected -
Gross Expense Ratio2
1.03% -
Net Expense Ratio/TER2
0.60% -
Distribution Frequency
Annual
Key Points
- Potential to Benefit from Low Oil Prices
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
- Adapting to Long-Term Pressure
Oil refiners have been forced to adapt to increasing demand for clean energy and negative consumer sentiment toward plastics and waste
Trading Information
-
Fund Ticker
CRAK -
Index Total Return Ticker
MVCRAKTR -
NAV
CRAKNV -
Intraday NAV (IIV)4
CRAKIV -
Shares Outstanding
700,000 -
Estimated Cash
CRAKEU -
Total Cash
CRAKTC -
CUSIP
92189F585 -
ISIN
US92189F5851
Fees and Expenses2
-
Management Fee
0.50% -
Other Expenses
0.53% -
Gross Expense Ratio
1.03% -
Fee Waivers andExpense Reimbursement
-0.43% -
Net Expense Ratio/TER2
0.60%
Investment Professionals
Peter Liao, CFA
- Portfolio Manager and Head of Equity ETFs
- Oversees the Equity ETF Investment Management Team including development and management of index replication and optimization strategies
- Joined VanEck in 2005
- CFA charterholder; member of the CFA Society New York
- BA, Mathematics and Economics, New York University
Guo Hua (Jason) Jin
- Portfolio Manager and Analyst for Equity ETFs
- Joined VanEck in 2007
- Prior to his current role, held a portfolio administration position at VanEck
- Previously, Portfolio Analyst at Evaluation Associates
- BS, Business Administration (concentration in Financial Analysis), State University of New York at Buffalo
Griffin Driscoll
- Analyst for Equity ETFs
- Joined VanEck in 2018
- Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
- BS, Finance, Providence College
Ralph Lasta
- Analyst for Equity ETFs
- Joined VanEck in 2019
- Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
- BS, Accounting, Hunter College
Prices as of 03/01/21
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) | 1.20 | 38.68 | 1.20 | 0.40 | -4.72 | 8.54 | -- | 6.92 |
CRAK (Share Price) | 1.08 | 38.80 | 1.08 | 0.72 | -4.96 | 8.53 | -- | 6.87 |
MVCRAKTR (Index) | 1.43 | 39.62 | 1.43 | -0.15 | -4.57 | 8.67 | -- | 6.96 |
Performance Differential (NAV - Index) | -0.23 | -0.94 | -0.23 | 0.55 | -0.15 | -0.13 | -- | -0.04 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR | LIFE 08/18/15 |
|
---|---|---|---|---|---|---|---|---|
CRAK (NAV) | 8.36 | 29.42 | -11.50 | -11.50 | -4.27 | 7.29 | -- | 6.80 |
CRAK (Share Price) | 7.99 | 29.28 | -11.20 | -11.20 | -4.63 | 7.20 | -- | 6.77 |
MVCRAKTR (Index) | 8.28 | 29.64 | -11.90 | -11.90 | -4.26 | 7.19 | -- | 6.79 |
Performance Differential (NAV - Index) | 0.08 | -0.22 | 0.40 | 0.40 | -0.01 | 0.10 | -- | 0.01 |
Top 10 Holdings (%) as of 01/31/21 Daily Holdings
to view
full data
Holding Name |
Ticker
|
Shares |
Market Value (US$) |
% of Net Assets |
|
---|---|---|---|---|---|
NESTE OYJ |
NESTE FH
|
19,982
|
1,409,110 | 7.95 | |
SK INNOVATION CO LTD |
096770 KS
|
5,122
|
1,278,682 | 7.22 | |
RELIANCE INDUSTRIES LTD |
RIGD LI
|
25,140
|
1,271,122 | 7.17 | |
PHILLIPS 66 |
PSX US
|
17,785
|
1,205,823 | 6.81 | |
ENEOS HOLDINGS INC |
5020 JP
|
283,800
|
1,150,718 | 6.50 | |
MARATHON PETROLEUM CORP |
MPC US
|
26,635
|
1,149,567 | 6.49 | |
VALERO ENERGY CORP |
VLO US
|
17,829
|
1,006,090 | 5.68 | |
IDEMITSU KOSAN CO LTD |
5019 JP
|
37,268
|
875,618 | 4.94 | |
OMV AG |
OMV AV
|
19,817
|
832,483 | 4.70 | |
MOL HUNGARIAN OIL & GAS PLC |
MOL HB
|
108,482
|
815,803 | 4.60 | |
Top 10 Total (%) | 62.06 |
Country Weightings (%) as of 01/31/21
-
Country
% of Net Assets -
■
United States
23.11 -
■
Japan
13.18 -
■
South Korea
9.34 -
■
Finland
7.95 -
■
India
7.17 -
■
Thailand
5.29 -
■
Poland
5.18 -
■
Austria
4.70 -
■
Hungary
4.60 -
■
Taiwan
4.21 -
■
Portugal
4.03 -
■
Australia
3.91 -
■
Saudi Arabia
2.80 -
■
Turkey
2.26 -
■
New Zealand
1.27 -
■
Greece
1.14 -
■
Other/Cash
-0.14
Sector Weightings (%) as of 01/31/21
-
Sector
% of Net Assets -
■
Energy
98.0 -
■
Industrials
2.1 -
■
Other/Cash
-0.1