INFR vs. CRAK

Last updated Jun 3, 2026

INFR (ClearBridge Sustainable Infrastructure ETF) and CRAK (VanEck Oil Refiners ETF) are both Energy Equities funds - INFR tracks the RARE Global Infrastructure Index while CRAK tracks the MVIS Global Oil Refiners Index. Both are passively managed. Over the past 3 years, INFR returned 5.55%/yr vs 22.55%/yr for CRAK. At a 0.33 correlation, their price movements are largely independent. INFR charges 0.59%/yr vs 0.62%/yr for CRAK.

Performance

INFR vs. CRAK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ClearBridge Sustainable Infrastructure ETF (INFR) 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, INFR achieves a 1.41% return, which is significantly lower than CRAK's 32.49% return.

INFR

• 1D: 0.00%
• 1M: 0.00%
• YTD: 1.41%
• 6M: 1.36%
• 1Y: 6.42%
• 3Y*: 5.55%
• 5Y*: —
• 10Y*: —

CRAK

• 1D: 1.30%
• 1M: -1.99%
• YTD: 32.49%
• 6M: 27.90%
• 1Y: 67.95%
• 3Y*: 22.55%
• 5Y*: 13.62%
• 10Y*: 13.22%

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

INFR vs. CRAK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
INFR ClearBridge Sustainable Infrastructure ETF	1.41%	24.00%	-6.23%	5.20%	-0.19%
CRAK VanEck Oil Refiners ETF	32.49%	39.11%	-15.05%	13.73%	2.90%

Correlation

The correlation between INFR and CRAK is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (All Time) Calculated using the full available price history since Dec 19, 2022	0.33

The correlation between INFR and CRAK shifts across timeframes, from 0.18 (1 year) to 0.33 (all time), reflecting how their relationship changes across market environments.

INFR vs. CRAK - Sectors Allocation Comparison

Sectors	INFR	CRAK
Utilities	68.5%	-
Industrials	27.5%	4.0%
Real Estate	4.1%	-
Basic Materials	-	1.1%
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	98.9%
Financial Services	-	-
Healthcare	-	-
Technology	-	-

Return for Risk

INFR vs. CRAK — Risk / Return Rank

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

INFR

INFR Risk / Return Rank: 29
INFR Sharpe Ratio Rank: 22
INFR Sortino Ratio Rank: 21
INFR Omega Ratio Rank: 25
INFR Calmar Ratio Rank: 40
INFR Martin Ratio Rank: 39

CRAK

CRAK Risk / Return Rank: 93
CRAK Sharpe Ratio Rank: 94
CRAK Sortino Ratio Rank: 93
CRAK Omega Ratio Rank: 92
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.

INFR vs. CRAK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ClearBridge Sustainable Infrastructure ETF (INFR) 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.

	INFR	CRAK	Difference
Sharpe ratio Return per unit of total volatility	0.75	3.72	-2.97
Sortino ratio Return per unit of downside risk	1.11	4.78	-3.67
Omega ratio Gain probability vs. loss probability	1.17	1.62	-0.45
Calmar ratio Return relative to maximum drawdown	1.98	8.08	-6.10
Martin ratio Return relative to average drawdown	6.26	23.02	-16.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

INFR vs. CRAK - Sharpe Ratio Comparison

The current INFR Sharpe Ratio is 0.75, which is lower than the CRAK Sharpe Ratio of 3.72. The chart below compares the historical Sharpe Ratios of INFR 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

	INFR	CRAK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.75	3.72	-2.97
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	0.46	0.54	-0.08

Drawdowns

INFR vs. CRAK - Drawdown Comparison

The maximum INFR drawdown since its inception was -19.28%, smaller than the maximum CRAK drawdown of -58.80%. Use the drawdown chart below to compare losses from any high point for INFR and CRAK.

Drawdown Indicators

	INFR	CRAK	Difference
Max Drawdown Largest peak-to-trough decline	-19.28%	-58.80%	+39.52%
Max Drawdown (1Y) Largest decline over 1 year	-6.43%	-8.57%	+2.14%
Max Drawdown (3Y) Largest decline over 3 years	-18.55%	-35.61%	+17.06%
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	-0.70%	-4.35%	+3.65%
Average Drawdown Average peak-to-trough decline	-4.93%	-12.50%	+7.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.04%	3.01%	-0.97%

Volatility

INFR vs. CRAK - Volatility Comparison

The current volatility for ClearBridge Sustainable Infrastructure ETF (INFR) is 0.00%, while VanEck Oil Refiners ETF (CRAK) has a volatility of 6.72%. This indicates that INFR experiences smaller price fluctuations and is considered to be less risky than CRAK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	INFR	CRAK	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	6.72%	-6.72%
Volatility (6M) Calculated over the trailing 6-month period	3.86%	14.27%	-10.41%
Volatility (1Y) Calculated over the trailing 1-year period	9.04%	18.35%	-9.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.27%	20.61%	-6.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.27%	22.17%	-7.90%

INFR vs. CRAK - Expense Ratio Comparison

INFR has a 0.59% expense ratio, which is lower than CRAK's 0.62% expense ratio.

Dividends

INFR vs. CRAK - Dividend Comparison

INFR's dividend yield for the trailing twelve months is around 2.49%, more than CRAK's 1.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CRAK VanEck Oil Refiners ETF	1.52%	2.02%	5.60%	3.65%	3.08%	2.40%	2.64%	1.49%	2.42%	1.66%	3.42%	0.47%
INFR ClearBridge Sustainable Infrastructure ETF	2.49%	2.52%	2.36%	3.06%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both INFR and CRAK in my portfolio?

INFR and CRAK have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, INFR or CRAK?

CRAK has higher volatility (6.72%) compared to INFR (0.00%). In terms of maximum drawdown, INFR dropped -19.28% vs CRAK's -58.80%.

Which ETF is better, INFR or CRAK?

On 3-year performance, CRAK leads with 22.55% vs 5.55% for INFR. On fees, INFR is cheaper at 0.59% per year. On volatility, INFR has been the lower-risk option at 0.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, INFR or CRAK?

Over the 3-year period, CRAK has performed better with a 22.55% return vs 5.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, INFR or CRAK?

INFR is cheaper with a 0.59% expense ratio, compared with 0.62% for CRAK.

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

INFR has the higher dividend yield at 2.49%, compared with 1.52% for CRAK.

What is the main difference between INFR and CRAK?

INFR tracks RARE Global Infrastructure Index, while CRAK tracks MVIS Global Oil Refiners Index. They also come from different issuers: ClearBridge and VanEck. Their fees differ too: 0.59% for INFR and 0.62% for CRAK.

Which has better risk-adjusted returns?

CRAK currently has the higher Sharpe Ratio (3.72 vs 0.75), 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.