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CRAK
VanEck Vectors Oil Refiners ETF

Fund Description

VanEck Vectors® Oil Refiners ETF (CRAK®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Global Oil Refiners Index (MVCRAKTR), which is a rules-based, modified capitalization weighted index intended to give investors a means of tracking the overall performance of companies involved in crude oil refining which may include: gasoline, diesel, jet fuel, fuel oil, naphtha, and other petrochemicals.

 
 

  • Fund Ticker

    CRAK
  • Exchange

    NYSE Arca
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    State Street Bank and Trust Company
  • Index Ticker

    MVCRAKTR
  • Index Rebalancing

    Quarterly

 
as of 08/12/20

  • 30-Day SEC Yield1

    2.83%
  • Total Net Assets

    $19.4M
  • Number of Holdings

    25
  • Options

    Expected
  • Gross Expense Ratio2

    1.03%
  • Net Expense Ratio/TER2

    0.60%
  • Distribution Frequency

    Annual

Morningstar™ Ratings3
as of 07/31/2020

Category Overall 3 Year
Equity Energy
5 stars of 78 funds
5 stars of 78 funds

Key Points

  • One-Trade Access to Oil Refiners
    An industry that may generally benefit from lower oil prices

  • Differentiated Segment of the Energy Sector
    A segment that has historically interacted differently with oil prices and market dynamics than other energy segments

  • Pure Play with Global Scope 
    Companies must derive at least 50% of total revenues from oil refining to be added to the Index

Trading Information

  • Fund Ticker

    CRAK
  • Index Total Return Ticker

    MVCRAKTR
  • NAV

    CRAKNV
  • Intraday NAV (IIV)4

    CRAKIV
  • Shares Outstanding

    850,000
  • Estimated Cash

    CRAKEU
  • Total Cash

    CRAKTC
  • CUSIP

    92189F585
  • ISIN

    US92189F5851
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.50%
  • Other Expenses

    0.53%
  • Gross Expense Ratio

    1.03%
  • Fee Waivers and
    Expense Reimbursement

    -0.43%
  • Net Expense Ratio/TER2

    0.60%
2Expenses for CRAK are capped contractually at 0.59% until May 1, 2021. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.

Prices as of 08/12/20

NAV/
Market Price
Volume
30-Day Avg./
Last Trading Day
Daily Change
NAV/
Last Price
YTD Change
NAV/
Last Price
Premium/
Discount
Prem/Discount
Distribution Charts
NAV &
Prem/Discount
History
30-Day
Median
Bid Ask
Spread
NAV
Chart
CRAK $22.84
$22.76
6,790
11,641
$0.38 / +1.71%
$0.37 / +1.67%
-21.28%
-21.16%
$-0.08
-0.35%
0.54%

Premium/Discount History as of 08/12/20

Calendar Year 2019 3Q 2019 4Q 2019 1Q 2020 2Q 2020 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 73 8 28 14 42
CRAK Days closed at NAV 20 3 7 0 2
Days closed at a discount 159 53 29 48 19

Performance History: Average Annual Total Returns* (%)

1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
08/18/15
CRAK (NAV) -1.86 2.77 -25.99 -22.19 -2.76 -- -- 3.58
CRAK (Share Price) -2.16 2.06 -26.36 -22.57 -3.35 -- -- 3.38
MVCRAKTR (Index) -1.53 2.45 -26.58 -22.87 -2.87 3.54 -- 3.50
Performance Differential (NAV - Index) -0.33 0.32 0.59 0.68 0.11 -- -- 0.08
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
08/18/15
CRAK (NAV) -0.46 26.08 -24.59 -20.18 -0.17 -- -- 4.05
CRAK (Share Price) -1.45 24.74 -24.73 -20.28 -0.67 -- -- 3.91
MVCRAKTR (Index) -0.49 24.77 -25.44 -20.80 -0.38 4.13 -- 3.89
Performance Differential (NAV - Index) 0.03 1.31 0.85 0.62 0.21 -- -- 0.16

Top 10 Holdings (%) as of 07/31/20 Daily Holdings

Total Holdings: 25
Swipe
to view
full data
Holding Name
Ticker
Shares Market Value
(US$)
% of Net
Assets
RELIANCE INDUSTRIES LTD
RIGD LI
39,420
2,159,383 11.17
NESTE OYJ
NESTE FH
31,086
1,433,342 7.42
MARATHON PETROLEUM CORP
MPC US
35,143
1,342,463 6.95
PHILLIPS 66
PSX US
20,099
1,246,540 6.45
VALERO ENERGY CORP
VLO US
21,481
1,207,877 6.25
ENEOS HOLDINGS INC
5020 JP
296,100
1,039,535 5.38
SK INNOVATION CO LTD
096770 KS
9,123
976,072 5.05
FORMOSA PETROCHEMICAL CORP
6505 TT
327,000
911,417 4.72
AMPOL LTD
ALD AU
47,822
899,812 4.66
IDEMITSU KOSAN CO LTD
5019 JP
42,268
881,511 4.56
Top 10 Total (%) 62.61
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 07/31/20

  • Country

    % of Net Assets
  • United States

    25.52
  • Japan

    11.26
  • India

    11.17
  • Finland

    7.42
  • South Korea

    7.40
  • Poland

    5.72
  • Taiwan

    4.72
  • Australia

    4.66
  • Austria

    4.18
  • Hungary

    4.15
  • Portugal

    4.06
  • Thailand

    3.63
  • Saudi Arabia

    2.70
  • Turkey

    2.04
  • Greece

    1.28
  • Other/Cash

    0.11

Sector Weightings (%) as of 07/31/20

  • Sector

    % of Net Assets
  • Energy

    97.5
  • Industrials

    2.3
  • Other/Cash

    0.1