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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 04/07/20

  • 30-Day SEC Yield1

    4.59%

  • Total Net Assets

    $11.1M

  • 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 1/31/2020

Category Overall 3 Year 5 Year
Equity Energy
5 stars of 84 Funds
5 stars of 84 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

    600,000

  • 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 04/07/20

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 $18.45
$18.58		 13,618
25,369		 $0.15 / +0.81%
$0.30 / +1.64%		 -36.42%
-35.64%
 $0.13
0.73%		 0.99%

Premium/Discount History as of 04/07/20

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* (%)
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) -11.28 -20.51 -20.86 -19.61 3.61 -- -- 5.47
CRAK (Share Price) -11.58 -21.40 -21.20 -20.18 3.22 -- -- 5.26
MVCRAKTR (Index) -12.49 -21.20 -21.68 -20.09 3.41 -- -- 5.33
Performance Differential (NAV - Index) 1.21 0.69 0.82 0.48 0.20 -- -- 0.14
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 02/29/20 Daily Holdings

Total Holdings: 25
Swipe
to view
full data
Holding Name
Ticker
Shares Market Value
(US$) 		% of Net
Assets
NESTE OYJ
NESTE FH
37,896
1,507,011 9.38
RELIANCE INDUSTRIES LTD
RIGD LI
35,575
1,304,718 8.12
MARATHON PETROLEUM CORP
MPC US
24,146
1,145,003 7.12
PHILLIPS 66
PSX US
14,045
1,051,409 6.54
JXTG HOLDINGS INC
5020 JP
237,400
961,695 5.98
VALERO ENERGY CORP
VLO US
13,789
913,521 5.68
IDEMITSU KOSAN CO LTD
5019 JP
32,468
812,467 5.06
FORMOSA PETROCHEMICAL CORP
6505 TT
285,000
796,022 4.95
CALTEX AUSTRALIA LTD
CTX AU
37,374
795,483 4.95
GALP ENERGIA SGPS SA
GALP PL
56,025
768,969 4.78
Top 10 Total (%) 62.56
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 02/29/20

  • Country

    % of Net Assets
  • ■

    United States

    25.90
  • ■

    Japan

    12.19
  • ■

    Finland

    9.38
  • ■

    India

    8.12
  • ■

    South Korea

    6.41
  • ■

    Poland

    5.34
  • ■

    Taiwan

    4.95
  • ■

    Australia

    4.95
  • ■

    Portugal

    4.78
  • ■

    Austria

    4.65
  • ■

    Hungary

    3.99
  • ■

    Saudi Arabia

    2.77
  • ■

    Thailand

    2.70
  • ■

    Turkey

    2.14
  • ■

    Greece

    1.17
  • ■

    Other/Cash

    0.57

Sector Weightings (%) as of 02/29/20

  • Sector

    % of Net Assets
  • ■

    Energy

    97.3
  • ■

    Industrials

    2.1
  • ■

    Other/Cash

    0.6