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CRAK vs. EINC
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CRAK vs. EINC

Last updated Jun 24, 2026

CRAK (VanEck Oil Refiners ETF) and EINC (VanEck Energy Income ETF) are both Energy Equities funds from VanEck - CRAK tracks the MVIS Global Oil Refiners Index while EINC tracks the MVIS North America Energy Infrastructure Index. Both are passively managed. Over the past 10 years, CRAK returned 12.77%/yr vs 12.03%/yr for EINC. A 0.56 correlation means they provide meaningful diversification when combined. CRAK charges 0.62%/yr vs 0.45%/yr for EINC.

Performance

CRAK vs. EINC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Oil Refiners ETF (CRAK) and VanEck Energy Income ETF (EINC). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, CRAK achieves a 20.86% return, which is significantly lower than EINC's 25.97% return. Over the past 10 years, CRAK has outperformed EINC with an annualized return of 12.77%, while EINC has yielded a comparatively lower 12.03% annualized return.

CRAK

1D
-0.83%
1M
-6.54%
YTD
20.86%
6M
20.73%
1Y
42.08%
3Y*
19.31%
5Y*
12.08%
10Y*
12.77%

EINC

1D
1.37%
1M
-4.50%
YTD
25.97%
6M
25.98%
1Y
29.82%
3Y*
30.36%
5Y*
21.18%
10Y*
12.03%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CRAK vs. EINC - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
CRAK
VanEck Oil Refiners ETF		20.86%39.11%-15.05%13.73%19.10%10.90%-11.22%9.15%-10.46%49.86%
EINC
VanEck Energy Income ETF		25.97%7.11%42.79%15.55%19.18%38.05%-19.89%16.98%-19.85%-3.45%

Correlation

The correlation between CRAK and EINC is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.31

Correlation (3Y)
Calculated over the trailing 3-year period

0.45

Correlation (5Y)
Calculated over the trailing 5-year period

0.62

Correlation (10Y)
Calculated over the trailing 10-year period

0.57

Correlation (All Time)
Calculated using the full available price history since Aug 19, 2015

0.56

Over the past year, the correlation between CRAK and EINC has dropped to 0.31 - well below their long-term average of 0.56, suggesting their price drivers have been diverging.

CRAK vs. EINC - Sectors Allocation Comparison

Sectors
CRAK
EINC

Energy

98.8%
99.4%

Industrials

4.0%
2.5%

Basic Materials

1.2%

-

Communication Services

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

-

Financial Services

-

-

Healthcare

-

-

Real Estate

-

-

Technology

-

-

Utilities

-

0.6%

Energy

CRAK
98.8%
EINC
99.4%

Industrials

CRAK
4.0%
EINC
2.5%

Basic Materials

CRAK
1.2%
EINC

-

Communication Services

CRAK

-

EINC

-

Consumer Cyclical

CRAK

-

EINC

-

Consumer Defensive

CRAK

-

EINC

-

Financial Services

CRAK

-

EINC

-

Healthcare

CRAK

-

EINC

-

Real Estate

CRAK

-

EINC

-

Technology

CRAK

-

EINC

-

Utilities

CRAK

-

EINC
0.6%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

VanEck Oil Refiners ETF

VanEck Energy Income ETF

Often compared with CRAK:
CRAK vs. XLECRAK vs. OIHCRAK vs. VDECRAK vs. IEOCRAK vs. USAICRAK vs. SCHDCRAK vs. AMLP
Often compared with EINC:
EINC vs. XLEEINC vs. BIZDEINC vs. EMLPEINC vs. SMHEINC vs. IXCEINC vs. VPUEINC vs. ERY

Return for Risk

CRAK vs. EINC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CRAK
CRAK Risk / Return Rank: 6969
Overall Rank
CRAK Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
CRAK Sortino Ratio Rank: 7070
Sortino Ratio Rank
CRAK Omega Ratio Rank: 6666
Omega Ratio Rank
CRAK Calmar Ratio Rank: 6969
Calmar Ratio Rank
CRAK Martin Ratio Rank: 6666
Martin Ratio Rank
EINC
EINC Risk / Return Rank: 6464
Overall Rank
EINC Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
EINC Sortino Ratio Rank: 6060
Sortino Ratio Rank
EINC Omega Ratio Rank: 6060
Omega Ratio Rank
EINC Calmar Ratio Rank: 7777
Calmar Ratio Rank
EINC Martin Ratio Rank: 5757
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CRAK vs. EINC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Oil Refiners ETF (CRAK) and VanEck Energy Income ETF (EINC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

CRAKEINCDifference
Sharpe ratioReturn per unit of total volatility
2.21
1.99

+0.23

Sortino ratioReturn per unit of downside risk
2.98
2.67

+0.31

Omega ratioGain probability vs. loss probability

1.37

1.35

+0.03

Calmar ratioReturn relative to maximum drawdown

3.29

3.80

-0.50

Martin ratioReturn relative to average drawdown

11.53

9.63

+1.90

CRAK vs. EINC - Sharpe Ratio Comparison

The current CRAK Sharpe Ratio is 2.21, which is comparable to the EINC Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of CRAK and EINC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

CRAK vs. EINC - Drawdown Comparison

The maximum CRAK drawdown since its inception was -58.80%, smaller than the maximum EINC drawdown of -87.55%. Use the drawdown chart below to compare losses from any high point for CRAK and EINC.

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Drawdown Indicators

CRAKEINCDifference

Max Drawdown

Largest peak-to-trough decline

-58.80%

-87.55%

+28.75%

Max Drawdown (1Y)

Largest decline over 1 year

-12.84%

-7.89%

-4.95%

Max Drawdown (3Y)

Largest decline over 3 years

-35.61%

-16.01%

-19.60%

Max Drawdown (5Y)

Largest decline over 5 years

-35.61%

-19.87%

-15.74%

Max Drawdown (10Y)

Largest decline over 10 years

-58.80%

-68.85%

+10.05%

Current Drawdown

Current decline from peak

-12.74%

-4.50%

-8.24%

Average Drawdown

Average peak-to-trough decline

-12.47%

-44.15%

+31.68%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.66%

3.10%

+0.56%

Volatility

CRAK vs. EINC - Volatility Comparison

VanEck Oil Refiners ETF (CRAK) and VanEck Energy Income ETF (EINC) have volatilities of 6.42% and 6.51%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

CRAKEINCDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.42%

6.51%

-0.09%

Volatility (6M)

Calculated over the trailing 6-month period

15.00%

11.88%

+3.12%

Volatility (1Y)

Calculated over the trailing 1-year period

19.11%

15.10%

+4.01%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.67%

19.54%

+1.13%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.17%

25.43%

-3.26%

CRAK vs. EINC - Expense Ratio Comparison

CRAK has a 0.62% expense ratio, which is higher than EINC's 0.45% expense ratio.

Dividends

CRAK vs. EINC - Dividend Comparison

CRAK's dividend yield for the trailing twelve months is around 1.67%, less than EINC's 3.51% yield.

PositionTTM20252024202320222021202020192018201720162015
CRAK
VanEck Oil Refiners ETF		1.67%2.02%5.60%3.65%3.08%2.40%2.64%1.49%2.42%1.66%3.42%0.47%
EINC
VanEck Energy Income ETF		3.51%4.51%3.33%3.77%2.89%6.03%6.69%9.66%11.31%8.53%9.71%28.53%

Frequently Asked Questions

CRAK and EINC have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

EINC has higher volatility (6.51%) compared to CRAK (6.42%). In terms of maximum drawdown, CRAK dropped -58.80% vs EINC's -87.55%.

On 10-year performance, CRAK leads with 12.77% vs 12.03% for EINC. On fees, EINC is cheaper at 0.45% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, CRAK has performed better with a 12.77% return vs 12.03%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

EINC is cheaper with a 0.45% expense ratio, compared with 0.62% for CRAK.

EINC has the higher dividend yield at 3.51%, compared with 1.67% for CRAK.

CRAK tracks MVIS Global Oil Refiners Index, while EINC tracks MVIS North America Energy Infrastructure Index. Their fees differ too: 0.62% for CRAK and 0.45% for EINC.

CRAK currently has the higher Sharpe Ratio (2.21 vs 1.99), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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