CRAK vs. FENY
Compare and contrast key facts about VanEck Oil Refiners ETF (CRAK) and Fidelity MSCI Energy Index ETF (FENY).
CRAK and FENY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CRAK is a passively managed fund by VanEck that tracks the performance of the MVIS Global Oil Refiners. It was launched on Aug 18, 2015. FENY is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Energy Index. It was launched on Oct 21, 2013. Both CRAK and FENY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
CRAK vs. FENY - Performance Comparison
Loading graphics...
CRAK vs. FENY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CRAK VanEck Oil Refiners ETF | 29.10% | 39.11% | -15.05% | 13.73% | 19.10% | 10.90% | -11.22% | 9.15% | -10.46% | 49.86% |
FENY Fidelity MSCI Energy Index ETF | 33.17% | 7.27% | 6.62% | -0.04% | 62.94% | 55.62% | -33.15% | 9.11% | -19.99% | -2.30% |
Returns By Period
In the year-to-date period, CRAK achieves a 29.10% return, which is significantly lower than FENY's 33.17% return. Over the past 10 years, CRAK has outperformed FENY with an annualized return of 12.30%, while FENY has yielded a comparatively lower 10.61% annualized return.
CRAK
- 1D
- -1.98%
- 1M
- 4.65%
- YTD
- 29.10%
- 6M
- 33.54%
- 1Y
- 71.28%
- 3Y*
- 19.41%
- 5Y*
- 15.61%
- 10Y*
- 12.30%
FENY
- 1D
- -3.59%
- 1M
- 4.29%
- YTD
- 33.17%
- 6M
- 34.14%
- 1Y
- 31.58%
- 3Y*
- 17.00%
- 5Y*
- 23.29%
- 10Y*
- 10.61%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
CRAK vs. FENY - Expense Ratio Comparison
CRAK has a 0.60% expense ratio, which is higher than FENY's 0.08% expense ratio.
Return for Risk
CRAK vs. FENY — Risk / Return Rank
CRAK
FENY
CRAK vs. FENY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Oil Refiners ETF (CRAK) and Fidelity MSCI Energy Index ETF (FENY). 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.
| CRAK | FENY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.41 | 1.25 | +2.16 |
Sortino ratioReturn per unit of downside risk | 4.16 | 1.65 | +2.51 |
Omega ratioGain probability vs. loss probability | 1.62 | 1.25 | +0.38 |
Calmar ratioReturn relative to maximum drawdown | 4.77 | 1.69 | +3.08 |
Martin ratioReturn relative to average drawdown | 20.58 | 4.85 | +15.74 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| CRAK | FENY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.41 | 1.25 | +2.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.77 | 0.88 | -0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.36 | +0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.20 | +0.33 |
Correlation
The correlation between CRAK and FENY is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
CRAK vs. FENY - Dividend Comparison
CRAK's dividend yield for the trailing twelve months is around 1.56%, less than FENY's 2.39% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CRAK VanEck Oil Refiners ETF | 1.56% | 2.02% | 5.60% | 3.65% | 3.08% | 2.40% | 2.64% | 1.49% | 2.42% | 1.66% | 3.42% | 0.47% |
FENY Fidelity MSCI Energy Index ETF | 2.39% | 3.18% | 3.05% | 3.33% | 3.33% | 3.69% | 4.60% | 6.43% | 3.21% | 2.94% | 2.29% | 3.05% |
Drawdowns
CRAK vs. FENY - Drawdown Comparison
The maximum CRAK drawdown since its inception was -58.80%, smaller than the maximum FENY drawdown of -74.35%. Use the drawdown chart below to compare losses from any high point for CRAK and FENY.
Loading graphics...
Drawdown Indicators
| CRAK | FENY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.80% | -74.35% | +15.55% |
Max Drawdown (1Y)Largest decline over 1 year | -15.07% | -19.11% | +4.04% |
Max Drawdown (5Y)Largest decline over 5 years | -35.61% | -26.64% | -8.97% |
Max Drawdown (10Y)Largest decline over 10 years | -58.80% | -69.07% | +10.27% |
Current DrawdownCurrent decline from peak | -1.98% | -5.72% | +3.74% |
Average DrawdownAverage peak-to-trough decline | -12.63% | -23.34% | +10.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.49% | 6.67% | -3.18% |
Volatility
CRAK vs. FENY - Volatility Comparison
The current volatility for VanEck Oil Refiners ETF (CRAK) is 5.81%, while Fidelity MSCI Energy Index ETF (FENY) has a volatility of 6.28%. This indicates that CRAK experiences smaller price fluctuations and is considered to be less risky than FENY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| CRAK | FENY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.81% | 6.28% | -0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 13.42% | 14.33% | -0.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.99% | 25.29% | -4.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.45% | 26.59% | -6.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.11% | 29.72% | -7.61% |