Key stats
About VanEck Oil Refiners ETF
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Inception date
Aug 18, 2015
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Energy Minerals
Stocks98.63%
Energy Minerals94.08%
Producer Manufacturing3.30%
Retail Trade1.25%
Bonds, Cash & Other1.37%
Cash1.37%
Stock breakdown by region
Europe37.19%
North America29.82%
Asia29.31%
Oceania3.68%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history