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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

  • Commencement

    08/18/2015

  • ETF Structure

    Physical

  • Administrator

    Van Eck Associates

  • Custodian

    State Street Bank and Trust Company

  • Index Ticker

    MVCRAKTR

  • Index Rebalancing

    Quarterly

 
as of 01/22/20

  • 30-Day SEC Yield1

    2.81%

  • Total Net Assets

    $33.2M

  • Number of Holdings

    25

  • Options

    Expected

  • Gross Expense Ratio2

    0.72%

  • Net Expense Ratio/TER2

    0.60%

  • Distribution Frequency

    Annual

  • Next Distribution Date

    12/18/20

Morningstar™ Ratings3
as of 12/31/2019

Category Overall 3 Year 5 Year
Equity Energy
5 stars of 89 Funds
5 stars of 89 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

    1,200,000

  • Estimated Cash

    CRAKEU

  • Total Cash

    CRAKTC

  • CUSIP

    92189F585

  • ISIN

    US92189F5851
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.50%

  • Other Expenses

    0.22%

  • Gross Expense Ratio

    0.72%

  • Fee Waivers and
    Expense Reimbursement

    -0.12%

  • Net Expense Ratio/TER2

    0.60%
2Expenses for CRAK are capped contractually at 0.59% until May 1, 2020. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.

Prices as of 01/22/20

NAV/
Last 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 		NAV
Chart
CRAK $27.67
$27.55		 10,521
12,666		 -$0.13 / -0.48%
$-0.13 / -0.45%		 -4.62%
-4.56%
 $-0.12
-0.42%

Performance History: Average Annual Total Returns* (%)
View All ETFs View All Indices

1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
08/18/15
CRAK (NAV) 0.44 4.27 9.19 9.19 13.60 -- -- 11.49
CRAK (Share Price) -0.26 3.62 9.11 9.11 13.46 -- -- 11.37
MVCRAKTR (Index) 0.61 4.45 9.46 9.46 13.72 -- -- 11.60
Performance Differential (NAV - Index) -0.17 -0.18 -0.27 -0.27 -0.12 -- -- -0.11
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
08/18/15
CRAK (NAV) 0.44 4.27 9.19 9.19 13.60 -- -- 11.49
CRAK (Share Price) -0.26 3.62 9.11 9.11 13.46 -- -- 11.37
MVCRAKTR (Index) 0.61 4.45 9.46 9.46 13.72 -- -- 11.60
Performance Differential (NAV - Index) -0.17 -0.18 -0.27 -0.27 -0.12 -- -- -0.11

*Returns less than one year are not annualized.

The table presents past performance which is no guarantee of future results and which may be lower or higher than current performance. Returns reflect temporary contractual fee waivers and/or expense reimbursements. Had the ETF incurred all expenses and fees, investment returns would have been reduced. Investment returns and ETF share values will fluctuate so that investors' shares, when redeemed, may be worth more or less than their original cost. ETF returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV.

The "Net Asset Value" (NAV) of a VanEck Vectors Exchange Traded Fund (ETF) is determined at the close of each business day, and represents the dollar value of one share of the fund; it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as the ETF 's intraday trading value. VanEck Vectors ETF investors should not expect to buy or sell shares at NAV.

Top 10 Holdings (%) as of 12/31/19 Daily Holdings

Total Holdings: 25
Swipe
to view
full data
Holding Name
Ticker
Shares Market Value
(US$) 		% of Net
Assets
PHILLIPS 66
PSX US
24,085
2,683,310 7.71
RELIANCE INDUSTRIES LTD
RIGD LI
61,005
2,595,763 7.46
MARATHON PETROLEUM CORP
MPC US
41,406
2,494,712 7.17
NESTE OYJ
NESTE FH
64,976
2,262,460 6.50
VALERO ENERGY CORP
VLO US
23,639
2,213,792 6.36
JXTG HOLDINGS INC
5020 JP
407,400
1,848,676 5.31
OMV AG
OMV AV
30,720
1,722,309 4.95
POLSKI KONCERN NAFTOWY ORLEN SA
PKN PW
72,005
1,631,559 4.69
GALP ENERGIA SGPS SA
GALP PL
96,065
1,613,894 4.64
SK INNOVATION CO LTD
096770 KS
12,439
1,609,823 4.62
Top 10 Total (%) 59.41
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 12/31/19

  • Country

    % of Net Assets
  • ■

    United States

    28.95
  • ■

    Japan

    10.96
  • ■

    India

    7.46
  • ■

    South Korea

    6.83
  • ■

    Finland

    6.50
  • ■

    Poland

    6.31
  • ■

    Austria

    4.95
  • ■

    Portugal

    4.64
  • ■

    Taiwan

    4.53
  • ■

    Australia

    4.40
  • ■

    Hungary

    4.10
  • ■

    Thailand

    3.56
  • ■

    Saudi Arabia

    3.23
  • ■

    Turkey

    2.22
  • ■

    Greece

    1.31
  • ■

    Other/Cash

    0.07

Sector Weightings (%) as of 12/31/19

  • Sector

    % of Net Assets
  • ■

    Energy

    97.7
  • ■

    Industrials

    2.2
  • ■

    Other/Cash

    0.1