CRAK vs. ROKT

Last updated Jun 16, 2026

CRAK (VanEck Oil Refiners ETF) and ROKT (SPDR S&P Kensho Final Frontiers ETF) are both exchange-traded funds - CRAK is a Energy Equities fund tracking the MVIS Global Oil Refiners Index, while ROKT is a Industrials Equities fund tracking the S&P Kensho Final Frontiers Index. Both are passively managed. Over the past 5 years, CRAK returned 12.50%/yr vs 23.72%/yr for ROKT. A 0.52 correlation means they provide meaningful diversification when combined. CRAK charges 0.62%/yr vs 0.45%/yr for ROKT.

Performance

CRAK vs. ROKT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Oil Refiners ETF (CRAK) and SPDR S&P Kensho Final Frontiers ETF (ROKT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CRAK achieves a 25.47% return, which is significantly lower than ROKT's 41.07% return.

CRAK

• 1D: -2.93%
• 1M: -4.46%
• YTD: 25.47%
• 6M: 21.62%
• 1Y: 50.69%
• 3Y*: 19.21%
• 5Y*: 12.50%
• 10Y*: 13.08%

ROKT

• 1D: -0.04%
• 1M: 2.04%
• YTD: 41.07%
• 6M: 45.45%
• 1Y: 96.86%
• 3Y*: 41.32%
• 5Y*: 23.72%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CRAK vs. ROKT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
CRAK VanEck Oil Refiners ETF	25.47%	39.11%	-15.05%	13.73%	19.10%	10.90%	-11.22%	9.15%	-13.94%
ROKT SPDR S&P Kensho Final Frontiers ETF	41.07%	50.56%	27.89%	14.41%	-0.81%	4.63%	7.99%	40.90%	-12.90%

Correlation

The correlation between CRAK and ROKT is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (5Y) Calculated over the trailing 5-year period	0.46
Correlation (All Time) Calculated using the full available price history since Oct 23, 2018	0.52

Over the past year, the correlation between CRAK and ROKT has dropped to 0.22 - well below their long-term average of 0.52, suggesting their price drivers have been diverging.

CRAK vs. ROKT - Sectors Allocation Comparison

Sectors	CRAK	ROKT
Energy	98.8%	5.7%
Industrials	4.0%	68.4%
Basic Materials	1.2%	-
Communication Services	-	5.8%
Consumer Cyclical	-	-
Consumer Defensive	-	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-
Technology	-	20.1%
Utilities	-	-

Return for Risk

CRAK vs. ROKT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CRAK

CRAK Risk / Return Rank: 87
CRAK Sharpe Ratio Rank: 89
CRAK Sortino Ratio Rank: 87
CRAK Omega Ratio Rank: 83
CRAK Calmar Ratio Rank: 91
CRAK Martin Ratio Rank: 84

ROKT

ROKT Risk / Return Rank: 92
ROKT Sharpe Ratio Rank: 94
ROKT Sortino Ratio Rank: 90
ROKT Omega Ratio Rank: 87
ROKT Calmar Ratio Rank: 94
ROKT Martin Ratio Rank: 94

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. ROKT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Oil Refiners ETF (CRAK) and SPDR S&P Kensho Final Frontiers ETF (ROKT). 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.

	CRAK	ROKT	Difference
Sharpe ratio: Return per unit of total volatility	2.69	3.14	-0.45
Sortino ratio: Return per unit of downside risk	3.54	3.74	-0.20
Omega ratio: Gain probability vs. loss probability	1.45	1.48	-0.03
Calmar ratio: Return relative to maximum drawdown	5.41	6.38	-0.97
Martin ratio: Return relative to average drawdown	15.53	25.67	-10.14

CRAK vs. ROKT - Sharpe Ratio Comparison

The current CRAK Sharpe Ratio is 2.69, which is comparable to the ROKT Sharpe Ratio of 3.14. The chart below compares the historical Sharpe Ratios of CRAK and ROKT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CRAK vs. ROKT - Drawdown Comparison

The maximum CRAK drawdown since its inception was -58.80%, which is greater than ROKT's maximum drawdown of -43.16%. Use the drawdown chart below to compare losses from any high point for CRAK and ROKT.

Drawdown Indicators

	CRAK	ROKT	Difference
Max Drawdown Largest peak-to-trough decline	-58.80%	-43.16%	-15.64%
Max Drawdown (1Y) Largest decline over 1 year	-9.41%	-15.27%	+5.86%
Max Drawdown (3Y) Largest decline over 3 years	-35.61%	-23.46%	-12.15%
Max Drawdown (5Y) Largest decline over 5 years	-35.61%	-23.46%	-12.15%
Max Drawdown (10Y) Largest decline over 10 years	-58.80%	—	—
Current Drawdown Current decline from peak	-9.41%	-12.23%	+2.82%
Average Drawdown Average peak-to-trough decline	-12.47%	-6.77%	-5.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.27%	3.79%	-0.52%

Volatility

CRAK vs. ROKT - Volatility Comparison

The current volatility for VanEck Oil Refiners ETF (CRAK) is 6.48%, while SPDR S&P Kensho Final Frontiers ETF (ROKT) has a volatility of 15.94%. This indicates that CRAK experiences smaller price fluctuations and is considered to be less risky than ROKT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CRAK	ROKT	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.48%	15.94%	-9.46%
Volatility (6M) Calculated over the trailing 6-month period	15.01%	27.00%	-11.99%
Volatility (1Y) Calculated over the trailing 1-year period	18.94%	31.03%	-12.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.72%	23.33%	-2.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.18%	25.42%	-3.24%

CRAK vs. ROKT - Expense Ratio Comparison

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

Dividends

CRAK vs. ROKT - Dividend Comparison

CRAK's dividend yield for the trailing twelve months is around 1.61%, more than ROKT's 0.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CRAK VanEck Oil Refiners ETF	1.61%	2.02%	5.60%	3.65%	3.08%	2.40%	2.64%	1.49%	2.42%	1.66%	3.42%	0.47%
ROKT SPDR S&P Kensho Final Frontiers ETF	0.28%	0.41%	0.57%	0.62%	0.54%	1.79%	0.48%	0.74%	0.16%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CRAK and ROKT in my portfolio?

CRAK and ROKT have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CRAK or ROKT?

ROKT has higher volatility (15.94%) compared to CRAK (6.48%). In terms of maximum drawdown, CRAK dropped -58.80% vs ROKT's -43.16%.

Which ETF is better, CRAK or ROKT?

On 5-year performance, ROKT leads with 23.72% vs 12.50% for CRAK. On fees, ROKT is cheaper at 0.45% per year. On volatility, CRAK has been the lower-risk option at 6.48%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CRAK or ROKT?

Over the 5-year period, ROKT has performed better with a 23.72% return vs 12.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CRAK or ROKT?

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

Which ETF pays a higher dividend yield, CRAK or ROKT?

CRAK has the higher dividend yield at 1.61%, compared with 0.28% for ROKT.

What is the main difference between CRAK and ROKT?

CRAK is categorized as Energy Equities, while ROKT is Industrials Equities. CRAK tracks MVIS Global Oil Refiners Index, while ROKT tracks S&P Kensho Final Frontiers Index. They also come from different issuers: VanEck and State Street. Their fees differ too: 0.62% for CRAK and 0.45% for ROKT.

Which has better risk-adjusted returns?

ROKT currently has the higher Sharpe Ratio (3.14 vs 2.69), 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.