CRAK vs. MGNR
CRAK (VanEck Oil Refiners ETF) and MGNR (American Beacon GLG Natural Resources ETF) are both Energy Equities funds. CRAK is passively managed, while MGNR is actively managed. Over the past year, CRAK returned 67.58% vs 74.12% for MGNR. At a 0.47 correlation, their price movements are largely independent. CRAK charges 0.62%/yr vs 0.75%/yr for MGNR.
Performance
CRAK vs. MGNR - Performance Comparison
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Returns By Period
In the year-to-date period, CRAK achieves a 33.23% return, which is significantly higher than MGNR's 25.90% return.
CRAK
- 1D
- 0.56%
- 1M
- -1.83%
- YTD
- 33.23%
- 6M
- 27.96%
- 1Y
- 67.58%
- 3Y*
- 22.78%
- 5Y*
- 13.54%
- 10Y*
- 13.28%
MGNR
- 1D
- -1.76%
- 1M
- 3.52%
- YTD
- 25.90%
- 6M
- 27.71%
- 1Y
- 74.12%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CRAK vs. MGNR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
CRAK VanEck Oil Refiners ETF | 33.23% | 39.11% | -17.34% |
MGNR American Beacon GLG Natural Resources ETF | 25.90% | 50.57% | 22.78% |
Correlation
The correlation between CRAK and MGNR 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 (All Time) Calculated using the full available price history since Feb 7, 2024 | 0.47 |
The correlation between CRAK and MGNR shifts across timeframes, from 0.31 (1 year) to 0.47 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CRAK vs. MGNR — Risk / Return Rank
CRAK
MGNR
CRAK vs. MGNR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Oil Refiners ETF (CRAK) and American Beacon GLG Natural Resources ETF (MGNR). 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 | MGNR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.47 | ||
| Sortino ratioReturn per unit of downside risk | +0.99 | ||
| Omega ratioGain probability vs. loss probability | 1.62 | 1.53 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 7.93 | 6.02 | +1.91 |
| Martin ratioReturn relative to average drawdown | 22.48 | 24.36 | -1.88 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CRAK | MGNR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.70 | 3.24 | +0.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 1.77 | -1.23 |
Drawdowns
CRAK vs. MGNR - Drawdown Comparison
The maximum CRAK drawdown since its inception was -58.80%, which is greater than MGNR's maximum drawdown of -22.06%. Use the drawdown chart below to compare losses from any high point for CRAK and MGNR.
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Drawdown Indicators
| CRAK | MGNR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.80% | -22.06% | -36.74% |
Max Drawdown (1Y)Largest decline over 1 year | -8.57% | -12.38% | +3.81% |
Max Drawdown (3Y)Largest decline over 3 years | -35.61% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -35.61% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -58.80% | — | — |
Current DrawdownCurrent decline from peak | -3.81% | -1.76% | -2.05% |
Average DrawdownAverage peak-to-trough decline | -12.50% | -3.86% | -8.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.02% | 3.05% | -0.03% |
Volatility
CRAK vs. MGNR - Volatility Comparison
VanEck Oil Refiners ETF (CRAK) and American Beacon GLG Natural Resources ETF (MGNR) have volatilities of 6.74% and 6.59%, 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
| CRAK | MGNR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.74% | 6.59% | +0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 14.27% | 17.67% | -3.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.35% | 23.04% | -4.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.61% | 25.03% | -4.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.16% | 25.03% | -2.87% |
CRAK vs. MGNR - Expense Ratio Comparison
CRAK has a 0.62% expense ratio, which is lower than MGNR's 0.75% expense ratio.
Dividends
CRAK vs. MGNR - Dividend Comparison
CRAK's dividend yield for the trailing twelve months is around 1.51%, more than MGNR's 1.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CRAK VanEck Oil Refiners ETF | 1.51% | 2.02% | 5.60% | 3.65% | 3.08% | 2.40% | 2.64% | 1.49% | 2.42% | 1.66% | 3.42% | 0.47% |
MGNR American Beacon GLG Natural Resources ETF | 1.07% | 1.17% | 0.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CRAK and MGNR 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.
CRAK has higher volatility (6.74%) compared to MGNR (6.59%). In terms of maximum drawdown, CRAK dropped -58.80% vs MGNR's -22.06%.
On 1-year performance, MGNR leads with 74.12% vs 67.58% for CRAK. On fees, CRAK is cheaper at 0.62% per year. On volatility, MGNR has been the lower-risk option at 6.59%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, MGNR has performed better with a 74.12% return vs 67.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
CRAK is cheaper with a 0.62% expense ratio, compared with 0.75% for MGNR.
CRAK has the higher dividend yield at 1.51%, compared with 1.07% for MGNR.
They also come from different issuers: VanEck and American Beacon. Their fees differ too: 0.62% for CRAK and 0.75% for MGNR.
CRAK currently has the higher Sharpe Ratio (3.70 vs 3.24), 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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