Key stats
About VanEck Oil Refiners ETF
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Inception date
Aug 18, 2015
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
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
Stocks99.98%
Energy Minerals95.18%
Producer Manufacturing3.16%
Retail Trade1.63%
Bonds, Cash & Other0.02%
Cash0.02%
Stock breakdown by region
Asia36.68%
Europe33.06%
North America25.94%
Oceania3.42%
Middle East0.90%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history