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CRAK vs. XLEI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CRAK vs. XLEI

Last updated Jun 4, 2026

CRAK (VanEck Oil Refiners ETF) and XLEI (State Street Energy Select Sector SPDR Premium Income ETF) are both Energy Equities funds - CRAK tracks the MVIS Global Oil Refiners Index while XLEI tracks the S&P Energy Select Sector. Both are passively managed. A 0.59 correlation means they provide meaningful diversification when combined. CRAK charges 0.62%/yr vs 0.35%/yr for XLEI.

Performance

CRAK vs. XLEI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Oil Refiners ETF (CRAK) and State Street Energy Select Sector SPDR Premium Income ETF (XLEI). 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 33.23% return, which is significantly higher than XLEI's 20.42% 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%

XLEI

1D
1.05%
1M
1.40%
YTD
20.42%
6M
20.06%
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

CRAK vs. XLEI - Yearly Performance Comparison

2026 (YTD)2025
CRAK
VanEck Oil Refiners ETF		33.23%12.66%
XLEI
State Street Energy Select Sector SPDR Premium Income ETF		20.42%6.77%

Correlation

The correlation between CRAK and XLEI is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (All Time)
Calculated using the full available price history since Jul 31, 2025

0.59

CRAK vs. XLEI - Sectors Allocation Comparison

Sectors
CRAK
XLEI

Energy

98.9%

-

Industrials

4.0%

-

Basic Materials

1.1%

-

Communication Services

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

-

Financial Services

-

100.3%

Healthcare

-

-

Real Estate

-

-

Technology

-

-

Utilities

-

-

Energy

CRAK
98.9%
XLEI

-

Industrials

CRAK
4.0%
XLEI

-

Basic Materials

CRAK
1.1%
XLEI

-

Communication Services

CRAK

-

XLEI

-

Consumer Cyclical

CRAK

-

XLEI

-

Consumer Defensive

CRAK

-

XLEI

-

Financial Services

CRAK

-

XLEI
100.3%

Healthcare

CRAK

-

XLEI

-

Real Estate

CRAK

-

XLEI

-

Technology

CRAK

-

XLEI

-

Utilities

CRAK

-

XLEI

-

Compare stocks, funds, or ETFs

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VanEck Oil Refiners ETF

State Street Energy Select Sector SPDR Premium Income ETF

Often compared with CRAK:
CRAK vs. XLECRAK vs. OIHCRAK vs. VDECRAK vs. IEOCRAK vs. USAICRAK vs. AMLPCRAK vs. SCHD
Often compared with XLEI:
XLEI vs. XLEXLEI vs. MLPIXLEI vs. IEOXLEI vs. XESXLEI vs. RNWZXLEI vs. TNGYXLEI vs. XOP

Return for Risk

CRAK vs. XLEI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CRAK
CRAK Risk / Return Rank: 9393
Overall Rank
CRAK Sharpe Ratio Rank: 9494
Sharpe Ratio Rank
CRAK Sortino Ratio Rank: 9393
Sortino Ratio Rank
CRAK Omega Ratio Rank: 9191
Omega Ratio Rank
CRAK Calmar Ratio Rank: 9595
Calmar Ratio Rank
CRAK Martin Ratio Rank: 9292
Martin Ratio Rank
XLEI
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. XLEI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Oil Refiners ETF (CRAK) and State Street Energy Select Sector SPDR Premium Income ETF (XLEI). 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.

CRAKXLEIDifference
Sharpe ratioReturn per unit of total volatility
3.70

—

—

Sortino ratioReturn per unit of downside risk
4.76

—

—

Omega ratioGain probability vs. loss probability

1.62

—

—

Calmar ratioReturn relative to maximum drawdown

7.93

—

—

Martin ratioReturn relative to average drawdown

22.48

—

—

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CRAK vs. XLEI - Sharpe Ratio Comparison

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Sharpe Ratios by Period

CRAKXLEIDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.70

—

—

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

2.65

-2.11

Drawdowns

CRAK vs. XLEI - Drawdown Comparison

The maximum CRAK drawdown since its inception was -58.80%, which is greater than XLEI's maximum drawdown of -7.98%. Use the drawdown chart below to compare losses from any high point for CRAK and XLEI.

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Drawdown Indicators

CRAKXLEIDifference

Max Drawdown

Largest peak-to-trough decline

-58.80%

-7.98%

-50.82%

Max Drawdown (1Y)

Largest decline over 1 year

-8.57%

—

—

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 Drawdown

Current decline from peak

-3.81%

-0.97%

-2.84%

Average Drawdown

Average peak-to-trough decline

-12.50%

-1.52%

-10.98%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.02%

—

—

Volatility

CRAK vs. XLEI - Volatility Comparison

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Volatility by Period

CRAKXLEIDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.74%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

14.27%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

18.35%

13.16%

+5.19%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.61%

13.16%

+7.45%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.16%

13.16%

+9.00%

CRAK vs. XLEI - Expense Ratio Comparison

CRAK has a 0.62% expense ratio, which is higher than XLEI's 0.35% expense ratio.

Dividends

CRAK vs. XLEI - Dividend Comparison

CRAK's dividend yield for the trailing twelve months is around 1.51%, less than XLEI's 16.59% yield.

PositionTTM20252024202320222021202020192018201720162015
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%
XLEI
State Street Energy Select Sector SPDR Premium Income ETF		16.59%10.17%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

CRAK and XLEI have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, XLEI is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

XLEI is cheaper with a 0.35% expense ratio, compared with 0.62% for CRAK.

XLEI has the higher dividend yield at 16.59%, compared with 1.51% for CRAK.

CRAK tracks MVIS Global Oil Refiners Index, while XLEI tracks S&P Energy Select Sector. They also come from different issuers: VanEck and State Street. Their fees differ too: 0.62% for CRAK and 0.35% for XLEI.

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