- ISIN
- US92189F5851
- CUSIP
- 92189F585
- Issuer
- VanEck
- Inception Date
- Aug 18, 2015
- Region
- Global (Broad)
- Category
- Energy Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- MVIS Global Oil Refiners Index
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $162M
Share Price Chart
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Performance
CRAK Performance Chart
VanEck Oil Refiners ETF (CRAK) is up 21.9% since the beginning of the year. CRAK is currently trading at $46 per share. Investors who bought $1,000 worth of CRAK shares 5 years ago would now be looking at an investment worth $1,797.
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Returns By Period
VanEck Oil Refiners ETF (CRAK) has returned 21.87% so far this year and 42.87% over the past 12 months. Over the last ten years, CRAK has returned 12.86% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
VanEck Oil Refiners ETF
- 1D
- 0.95%
- 1M
- -5.75%
- YTD
- 21.87%
- 6M
- 21.93%
- 1Y
- 42.87%
- 3Y*
- 19.64%
- 5Y*
- 12.44%
- 10Y*
- 12.86%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
CRAK Monthly Returns History
Based on dividend-adjusted daily data since Aug 19, 2015, CRAK's average daily return is +0.05%, while the average monthly return is +1.09%. At this rate, an investment would double in approximately 5.3 years.
Historically, 61% of months were positive and 39% were negative. The best month was Nov 2020 with a return of +27.2%, while the worst month was Mar 2020 at -23.4%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.
On a daily basis, CRAK closed higher 53% of trading days. The best single day was Nov 9, 2020 with a return of +10.2%, while the worst single day was Mar 16, 2020 at -12.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 11.77% | 7.01% | 10.12% | 2.87% | -5.19% | -5.13% | 21.87% | ||||||
| 2025 | 3.73% | -0.99% | 1.75% | -3.51% | 8.04% | 9.48% | 2.42% | 5.23% | 3.79% | 6.57% | 1.43% | -3.52% | 39.11% |
| 2024 | 2.18% | 1.44% | 8.13% | -4.18% | -1.48% | -1.17% | 0.63% | -0.86% | -4.05% | -8.73% | 0.93% | -7.89% | -15.05% |
| 2023 | 5.22% | -4.02% | 0.89% | -3.24% | -5.69% | 4.27% | 10.25% | 0.84% | 2.91% | -3.81% | 4.78% | 1.73% | 13.73% |
| 2022 | 5.34% | -2.74% | 8.54% | 0.02% | 9.54% | -9.93% | 2.46% | 0.99% | -11.82% | 11.76% | 10.48% | -3.68% | 19.10% |
| 2021 | 1.12% | 11.67% | -3.36% | 3.24% | 6.35% | -1.54% | -7.16% | 2.78% | 3.98% | 2.40% | -11.43% | 4.47% | 10.90% |
Benchmark Metrics
VanEck Oil Refiners ETF has an annualized alpha of 2.14%, beta of 0.81, and R2 of 0.43 versus S&P 500 Index. Calculated based on daily prices since August 19, 2015.
- This ETF participated in 99.54% of S&P 500 Index downside but only 93.92% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.43 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 2.14%
- Beta
- 0.81
- R²
- 0.43
- Upside Capture
- 93.92%
- Downside Capture
- 99.54%
Expense Ratio
CRAK has an expense ratio of 0.62%, placing it in the medium range.
Return for Risk
Risk / Return Rank
CRAK ranks 69 for risk / return — better than 69% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for VanEck Oil Refiners ETF (CRAK) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CRAK | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.23 | ||
| Sortino ratioReturn per unit of downside risk | +0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.37 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.36 | 2.78 | +0.57 |
| Martin ratioReturn relative to average drawdown | 12.03 | 12.44 | -0.41 |
Dividends
Dividend History
VanEck Oil Refiners ETF provided a 1.65% dividend yield over the last twelve months, with an annual payout of $0.76 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.76 | $0.76 | $1.54 | $1.25 | $0.96 | $0.65 | $0.66 | $0.43 | $0.65 | $0.51 | $0.71 | $0.09 |
Dividend yield | 1.65% | 2.02% | 5.60% | 3.65% | 3.08% | 2.40% | 2.64% | 1.49% | 2.42% | 1.66% | 3.42% | 0.47% |
Monthly Dividends
The table displays the monthly dividend distributions for VanEck Oil Refiners ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.76 | $0.76 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.54 | $1.54 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.25 | $1.25 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.96 | $0.96 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.65 | $0.65 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the VanEck Oil Refiners ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the VanEck Oil Refiners ETF was 58.80%, occurring on Mar 19, 2020. Recovery took 553 trading sessions.
The current VanEck Oil Refiners ETF drawdown is 12.01%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -58.80%Mar 2020 | 1y 5mo | 2y 2mo | 3y 7moOct 2018 - May 2022 |
2025 selloff2025 | -35.61%Apr 2025 | 12mo 4d | 6mo 18d | 1y 6moApr 2024 - Oct 2025 |
Bear market2022 | -27.28%Sep 2022 | 3mo 20d | 11mo 17d | 1y 3moJun 2022 - Sep 2023 |
2016 correction2016 | -17.71%Feb 2016 | 2mo 16d | 9mo 15d | 12mo 1dNov 2015 - Nov 2016 |
2026 correction2026 | -12.84%Jun 2026 | 1mo 13d | — | 1mo 18dMay 2026 - now |
Drawdown Indicators
| CRAK | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.80% | -56.78% | -2.02% |
Max Drawdown (1Y)Largest decline over 1 year | -12.84% | -9.10% | -3.74% |
Max Drawdown (3Y)Largest decline over 3 years | -35.61% | -18.90% | -16.71% |
Max Drawdown (5Y)Largest decline over 5 years | -35.61% | -25.43% | -10.18% |
Max Drawdown (10Y)Largest decline over 10 years | -58.80% | -33.92% | -24.88% |
Current DrawdownCurrent decline from peak | -12.01% | -1.80% | -10.21% |
Average DrawdownAverage peak-to-trough decline | -12.47% | -10.71% | -1.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.58% | 2.03% | +1.55% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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