DRLL vs. CRAK

Last updated Jun 4, 2026

DRLL (Strive U.S. Energy ETF) and CRAK (VanEck Oil Refiners ETF) are both Energy Equities funds - DRLL tracks the Bloomberg US Energy Select Index while CRAK tracks the MVIS Global Oil Refiners Index. Both are passively managed. Over the past 3 years, DRLL returned 14.67%/yr vs 22.78%/yr for CRAK. A 0.71 correlation means they provide meaningful diversification when combined. DRLL charges 0.41%/yr vs 0.62%/yr for CRAK.

Performance

DRLL vs. CRAK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strive U.S. Energy ETF (DRLL) and VanEck Oil Refiners ETF (CRAK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DRLL achieves a 31.26% return, which is significantly lower than CRAK's 33.23% return.

DRLL

• 1D: 1.47%
• 1M: -1.82%
• YTD: 31.26%
• 6M: 27.14%
• 1Y: 43.09%
• 3Y*: 14.67%
• 5Y*: —
• 10Y*: —

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%

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

DRLL vs. CRAK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DRLL Strive U.S. Energy ETF	31.26%	7.74%	0.02%	-1.84%	16.56%
CRAK VanEck Oil Refiners ETF	33.23%	39.11%	-15.05%	13.73%	7.90%

Correlation

The correlation between DRLL and CRAK is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (All Time) Calculated using the full available price history since Aug 10, 2022	0.71

The correlation between DRLL and CRAK shifts across timeframes, from 0.60 (1 year) to 0.71 (all time), reflecting how their relationship changes across market environments.

DRLL vs. CRAK - Sectors Allocation Comparison

Sectors	DRLL	CRAK
Energy	99.1%	98.9%
Consumer Cyclical	0.9%	-
Basic Materials	-	1.1%
Communication Services	-	-
Consumer Defensive	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	4.0%
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

DRLL vs. CRAK — Risk / Return Rank

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

DRLL

DRLL Risk / Return Rank: 55
DRLL Sharpe Ratio Rank: 57
DRLL Sortino Ratio Rank: 52
DRLL Omega Ratio Rank: 50
DRLL Calmar Ratio Rank: 63
DRLL Martin Ratio Rank: 52

CRAK

CRAK Risk / Return Rank: 93
CRAK Sharpe Ratio Rank: 94
CRAK Sortino Ratio Rank: 93
CRAK Omega Ratio Rank: 91
CRAK Calmar Ratio Rank: 95
CRAK Martin Ratio Rank: 92

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.

DRLL vs. CRAK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strive U.S. Energy ETF (DRLL) and VanEck Oil Refiners ETF (CRAK). 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.

	DRLL	CRAK	Difference
Sharpe ratio: Return per unit of total volatility	1.94	3.70	-1.76
Sortino ratio: Return per unit of downside risk	2.49	4.76	-2.27
Omega ratio: Gain probability vs. loss probability	1.32	1.62	-0.30
Calmar ratio: Return relative to maximum drawdown	3.11	7.93	-4.82
Martin ratio: Return relative to average drawdown	8.82	22.48	-13.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DRLL vs. CRAK - Sharpe Ratio Comparison

The current DRLL Sharpe Ratio is 1.94, which is lower than the CRAK Sharpe Ratio of 3.70. The chart below compares the historical Sharpe Ratios of DRLL and CRAK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DRLL	CRAK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.94	3.70	-1.76
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	0.57	0.54	+0.03

Drawdowns

DRLL vs. CRAK - Drawdown Comparison

The maximum DRLL drawdown since its inception was -23.73%, smaller than the maximum CRAK drawdown of -58.80%. Use the drawdown chart below to compare losses from any high point for DRLL and CRAK.

Drawdown Indicators

	DRLL	CRAK	Difference
Max Drawdown Largest peak-to-trough decline	-23.73%	-58.80%	+35.07%
Max Drawdown (1Y) Largest decline over 1 year	-13.93%	-8.57%	-5.36%
Max Drawdown (3Y) Largest decline over 3 years	-23.73%	-35.61%	+11.88%
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	-8.10%	-3.81%	-4.29%
Average Drawdown Average peak-to-trough decline	-8.02%	-12.50%	+4.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.90%	3.02%	+1.88%

Volatility

DRLL vs. CRAK - Volatility Comparison

Strive U.S. Energy ETF (DRLL) has a higher volatility of 9.15% compared to VanEck Oil Refiners ETF (CRAK) at 6.74%. This indicates that DRLL's price experiences larger fluctuations and is considered to be riskier than CRAK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DRLL	CRAK	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.15%	6.74%	+2.41%
Volatility (6M) Calculated over the trailing 6-month period	18.04%	14.27%	+3.77%
Volatility (1Y) Calculated over the trailing 1-year period	22.34%	18.35%	+3.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.76%	20.61%	+3.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.76%	22.16%	+1.60%

DRLL vs. CRAK - Expense Ratio Comparison

DRLL has a 0.41% expense ratio, which is lower than CRAK's 0.62% expense ratio.

Dividends

DRLL vs. CRAK - Dividend Comparison

DRLL's dividend yield for the trailing twelve months is around 2.33%, more than CRAK's 1.51% 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%
DRLL Strive U.S. Energy ETF	2.33%	2.99%	3.00%	3.01%	1.18%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DRLL and CRAK in my portfolio?

DRLL and CRAK have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DRLL or CRAK?

DRLL has higher volatility (9.15%) compared to CRAK (6.74%). In terms of maximum drawdown, DRLL dropped -23.73% vs CRAK's -58.80%.

Which ETF is better, DRLL or CRAK?

On 3-year performance, CRAK leads with 22.78% vs 14.67% for DRLL. On fees, DRLL is cheaper at 0.41% per year. On volatility, CRAK has been the lower-risk option at 6.74%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DRLL or CRAK?

Over the 3-year period, CRAK has performed better with a 22.78% return vs 14.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DRLL or CRAK?

DRLL is cheaper with a 0.41% expense ratio, compared with 0.62% for CRAK.

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

DRLL has the higher dividend yield at 2.33%, compared with 1.51% for CRAK.

What is the main difference between DRLL and CRAK?

DRLL tracks Bloomberg US Energy Select Index, while CRAK tracks MVIS Global Oil Refiners Index. They also come from different issuers: Strive and VanEck. Their fees differ too: 0.41% for DRLL and 0.62% for CRAK.

Which has better risk-adjusted returns?

CRAK currently has the higher Sharpe Ratio (3.70 vs 1.94), 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.