Correlation
The correlation between CRAK and IEO is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
CRAK vs. IEO
Compare and contrast key facts about VanEck Oil Refiners ETF (CRAK) and iShares U.S. Oil & Gas Exploration & Production ETF (IEO).
CRAK and IEO 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. IEO is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Select Oil Exploration & Production Index. It was launched on May 5, 2006. Both CRAK and IEO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CRAK or IEO.
Performance
CRAK vs. IEO - Performance Comparison
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Key characteristics
CRAK:
-0.60
IEO:
-0.41
CRAK:
-0.83
IEO:
-0.41
CRAK:
0.89
IEO:
0.94
CRAK:
-0.38
IEO:
-0.42
CRAK:
-0.92
IEO:
-1.34
CRAK:
14.53%
IEO:
9.82%
CRAK:
19.90%
IEO:
30.17%
CRAK:
-58.82%
IEO:
-79.17%
CRAK:
-21.48%
IEO:
-21.48%
Returns By Period
In the year-to-date period, CRAK achieves a 8.82% return, which is significantly higher than IEO's -3.75% return.
CRAK
8.82%
7.10%
0.71%
-11.74%
0.68%
10.05%
N/A
IEO
-3.75%
2.82%
-12.38%
-12.35%
-1.55%
24.32%
4.01%
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CRAK vs. IEO - Expense Ratio Comparison
CRAK has a 0.60% expense ratio, which is higher than IEO's 0.42% expense ratio.
Risk-Adjusted Performance
CRAK vs. IEO — Risk-Adjusted Performance Rank
CRAK
IEO
CRAK vs. IEO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Oil Refiners ETF (CRAK) and iShares U.S. Oil & Gas Exploration & Production ETF (IEO). 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.
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Dividends
CRAK vs. IEO - Dividend Comparison
CRAK's dividend yield for the trailing twelve months is around 5.14%, more than IEO's 2.67% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CRAK VanEck Oil Refiners ETF | 5.14% | 5.60% | 3.65% | 3.08% | 2.40% | 2.64% | 1.43% | 2.42% | 1.47% | 3.42% | 0.47% | 0.00% |
IEO iShares U.S. Oil & Gas Exploration & Production ETF | 2.67% | 2.63% | 3.00% | 3.77% | 2.62% | 3.17% | 1.85% | 1.67% | 0.94% | 0.98% | 2.03% | 1.30% |
Drawdowns
CRAK vs. IEO - Drawdown Comparison
The maximum CRAK drawdown since its inception was -58.82%, smaller than the maximum IEO drawdown of -79.17%. Use the drawdown chart below to compare losses from any high point for CRAK and IEO.
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Volatility
CRAK vs. IEO - Volatility Comparison
The current volatility for VanEck Oil Refiners ETF (CRAK) is 4.40%, while iShares U.S. Oil & Gas Exploration & Production ETF (IEO) has a volatility of 7.46%. This indicates that CRAK experiences smaller price fluctuations and is considered to be less risky than IEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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