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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
Bank of New York Mellon
Index Ticker
MVCRAKTR
Index Rebalancing
Quarterly

as of 07/22/19

30-Day SEC Yield¹
2.70%
Total Net Assets
$16.9M
Number of Holdings
25
Options
Expected
Gross Expense Ratio²
0.72%
Net Expense Ratio/TER²
0.60%
Distribution Frequency
Annual
Next Distribution Date
12/20/19

Morningstar™ Ratings³
as of 06/30/2019

Category	Overall	3 Year	5 Year
Equity Energy	5 stars of 91 Funds	5 stars of 91 Funds	--

Key Points

One-Traded 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 07/22/19

	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	$28.20 $28.18	5,150 1,778	$0.12 / +0.42% $0.25 / +0.88%	+4.64% +4.97%	$-0.02 -0.09%

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

Month End as of 06/30/19
Quarter End as of 06/30/19

	1 MO	3 MO	YTD	1 YR	3 YR	5 YR	10 YR	LIFE 08/18/15
CRAK (NAV)	6.47	-3.37	3.15	-10.17	17.14	--	--	11.43
CRAK (Share Price)	6.14	-3.89	3.02	-10.58	17.12	--	--	11.27
MVCRAKTR (Index)	6.18	-3.46	3.04	-10.06	17.33	--	--	11.44
Performance Differential (NAV - Index)	0.29	0.09	0.11	-0.11	-0.19	--	--	-0.01

	1 MO	3 MO	YTD	1 YR	3 YR	5 YR	10 YR	LIFE 08/18/15
CRAK (NAV)	6.47	-3.37	3.15	-10.17	17.14	--	--	11.43
CRAK (Share Price)	6.14	-3.89	3.02	-10.58	17.12	--	--	11.27
MVCRAKTR (Index)	6.18	-3.46	3.04	-10.06	17.33	--	--	11.44
Performance Differential (NAV - Index)	0.29	0.09	0.11	-0.11	-0.19	--	--	-0.01

*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 06/30/19 Daily Holdings

Total Holdings: 25

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full data

	Holding Name	Ticker	Shares	Market Value (US$)	% of Net Assets
	Phillips 66	PSX US	15,327	1,433,688	8.59
	Valero Energy Corp	VLO US	14,594	1,249,392	7.49
	Marathon Petroleum Corp	MPC US	22,072	1,233,383	7.39
	Reliance Industries Ltd	RIGD LI	32,971	1,191,946	7.14
	Neste Oyj	NESTE FH	27,425	933,774	5.60
	Jxtg Holdings Inc	5020 JP	182,300	909,198	5.45
	Galp Energia Sgps Sa	GALP PL	52,927	815,196	4.89
	Idemitsu Kosan Co Ltd	5019 JP	25,568	773,843	4.64
	Hollyfrontier Corp	HFC US	16,151	747,468	4.48
	Omv Ag	OMV AV	15,211	742,564	4.45
Top 10 Total (%)					60.12

These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 06/30/19

Country
% of Net Assets
■
UNITED STATES
31.98
■
JAPAN
11.34
■
INDIA
7.14
■
SOUTH KOREA
6.50
■
POLAND
5.95
■
FINLAND
5.60
■
PORTUGAL
4.89
■
AUSTRIA
4.45
■
TAIWAN
4.22
■
HUNGARY
4.15
■
THAILAND
3.88
■
AUSTRALIA
3.51
■
SAUDI ARABIA
2.91
■
TURKEY
2.10
■
GREECE
1.47
■
Other/Cash
-0.08

Sector Weightings (%) as of 06/30/19

Sector
% of Net Assets
■
Energy
97.9
■
Industrials
2.2
■
Other/Cash
-0.1

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