VanEck Oil Refiners ETFVanEck Oil Refiners ETFVanEck Oil Refiners ETF

VanEck Oil Refiners ETF

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Key stats


Assets under management (AUM)
‪22.63 M‬USD
Fund flows (1Y)
‪−5.46 M‬USD
Dividend yield (indicated)
5.60%
Discount/Premium to NAV
−0.10%

About VanEck Oil Refiners ETF


Issuer
Van Eck Associates Corp.
Brand
VanEck
Expense ratio
0.62%
Home page
Inception date
Aug 18, 2015
Index tracked
MVIS Global Oil Refiners
Management style
Passive
CRAK offers straightforward exposure to global oil refiners, with no direct peers in the global oil sector. CRAK (named for the spread between the input cost of oil and the selling price of refined product) holds stock in firms that generate at least half their revenue from refining operations. Holdings are weighted by market cap, limited to 8% weight each. Thus, the basket meets a reasonable definition of pure-play refinery exposure in an investable wrapper. In all, CRAK does just what it says on the tin: offer vanilla exposure to global oil refiners.

Classification


Asset Class
Equity
Category
Sector
Focus
Energy
Niche
Oil & gas refining & marketing
Strategy
Vanilla
Weighting scheme
Market cap
Selection criteria
Market cap

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of December 26, 2024
Exposure type
StocksBonds, Cash & Other
Energy Minerals
Stocks99.48%
Energy Minerals94.82%
Producer Manufacturing3.28%
Retail Trade1.37%
Bonds, Cash & Other0.52%
Miscellaneous0.52%
Cash0.00%
Stock breakdown by region
3%28%37%30%
Europe37.76%
Asia30.10%
North America28.50%
Oceania3.64%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows