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CRAK
VanEck Oil Refiners ETF

Fund Description

VanEck 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 09/20/21

  • 30-Day SEC Yield1

    2.20%
  • Total Net Assets

    $20.0M
  • Number of Holdings

    25
  • Options

    Expected
  • Gross Expense Ratio2

    1.29%
  • Net Expense Ratio/TER2

    0.59%
  • Distribution Frequency

    Annual

Fundamentals
as of 08/31/21

  • Weighted Average Market Cap

    $34.3B
  • Price/Earnings Ratio
    (Last 12 Months)*

    8.71
  • Price/Book Ratio
    (Last 12 Months)*

    1.18
*A weighted harmonic average is used to calculate this metric. Price/Book Ratio is the price of a security divided by the book value per share of the security. Price/Earnings Ratio is the price of a security divided by the last twelve months earnings per share of the security.

Market Capitalization (%)
as of 08/31/21

  • Capitalization

    % of Net
    Assets ($)
  • Large (>$5.0B)

    81.1%
  • Mid ($1.0 - $5.0B)

    18.8%
  • Small (<$1.0B)

    0.0%
This breakdown represents what percentage of the ETF's assets represent large/mid/small-sized companies. The market capitalization of an individual, publicly traded company is calculated by multiplying the company's stock price by the total number of its shares outstanding.

3-YR Risk Measures
as of 08/31/21

  • Beta vs. S&P 500 Index

    1.42
  • Correlation vs. S&P 500 Index

    0.82
  • Volatility (Standard Deviation)

    31.68
  • Sharpe Ratio

    -0.19

Source: VanEck, FactSet.

Beta is a measure of sensitivity to market movements. Correlation measures the extent of linear association between the ETF performance and the index performance. Volatility is the annualized standard deviation of the ETF's monthly returns. Sharpe ratio measures risk-adjusted return, and represents the ETF's return less the risk free rate divided by the standard deviation. See S&P 500 Index definition.5

Country Weightings (%) as of 08/31/21

  • Country

    % of Net Assets
  • United States

    25.90
  • Japan

    11.11
  • India

    9.11
  • South Korea

    7.86
  • Finland

    6.51
  • Poland

    6.14
  • Hungary

    4.71
  • Austria

    4.51
  • Taiwan

    4.45
  • Portugal

    4.36
  • Thailand

    4.04
  • Australia

    3.98
  • Saudi Arabia

    3.70
  • Turkey

    1.95
  • New Zealand

    1.52
  • Other/Cash

    0.15

Portfolio Composition (%)
as of 09/20/21

  • % of Net Assets
  • Stocks

    100.03
  • Bonds

    0.00
  • Other

    0.00
  • Cash

    -0.03

Sector Weightings (%) as of 08/31/21

  • Sector

    % of Net Assets
  • Energy

    97.3
  • Industrials

    2.5
  • Other/Cash

    0.1

Currency Exposure (%)
as of 08/31/21

  • U.S. Dollar

    35.01
  • Euro

    15.38
  • South Korean Won

    11.56
  • Japanese Yen

    11.11
  • Polish Zloty

    6.14
  • Hungarian Forint

    4.71
  • Taiwan Dollar

    4.45
  • Thailand Baht

    4.04
  • Australian Dollar

    3.98
  • Turkish Lira

    1.95
  • New Zealand Dollar

    1.52
  • Other/Cash

    0.15