U.S. Refiners:Why They Remain Resilient and Key to Global SupplyBLACKBULL:BRENT BLACKBULL:WTI
In times of geopolitical shocks and sudden supply disruptions in the Middle East, U.S. refiners often emerge as the market’s stabilizing force. With the world’s largest refining capacity and unique structural advantages, they can absorb price shocks and quickly red
Key stats
Fund info
Home page
Inception date
Aug 18, 2015
Structure
Open-Ended Fund
Replication method
Physical
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.
ISIN
US92189F5851
CUSIP
92189F585
FIGI
BBG009T0PRP4
Identifiers
ISIN US92189F5851
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
What's in the fund
Exposure type
Energy Minerals
Breakdown by region
Top 10 holdings
Refiners : Crude Recovery Play with limited equities market riskA great way to play crude recovery is long CRAK - the oil refiner ETF vs short SPY (overall large caps). Refiners have better margins with low oil prices and looking at their margins is a good way to gauge the demand for physical. The ratio has broken 0.7 and I expect to see it at 0.9 or a 30% r
Crak'n Up - Refiners Are Not At A Level Worth Buying Yet"Refinery stocks are not ripe just yet, especially with crack spreads as weak as they are. We're already seeing three of the top four holdings in CRAK begin to roll over, including Marathon, Velaro, and Holly Frontier. Phillips 66 is the outlier.
We continue to wait for CRAK to reach to range botto
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
Oscillators
Neutral
Summary
Neutral
Summary
Neutral
Summary
Neutral
Moving Averages
Neutral
Moving Averages
Neutral
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
An exchange-traded fund (ETF) is an investment product that holds a basket of assets such as stocks, bonds, futures, or other instruments, and trades on an exchange like a regular stock.
Why investors use ETFs:
– Easy way to gain exposure to sectors like stocks, bonds, real estate, or crypto
– Lower barrier to entry compared to buying individual assets
– Can help reduce volatility through diversification
Explore the largest ETFs: they are considered the most trusted and secure and will help you start your journey on the ETF markets.
Why investors use ETFs:
– Easy way to gain exposure to sectors like stocks, bonds, real estate, or crypto
– Lower barrier to entry compared to buying individual assets
– Can help reduce volatility through diversification
Explore the largest ETFs: they are considered the most trusted and secure and will help you start your journey on the ETF markets.
Markets don't sleep, here's what's going on with CRAK at the moment:
– U.S. oil-refinery stocks are up roughly 150% this year. How long could this historic run last?
– Jamie Raskin Warns American Oil Companies Against Helping Putin Sell Russian Diesel Under Trump’s Deal: ‘Proceed at Your Own Risk’
– Energy ETFs: How to Play the Sector's Surge
See more updates in real-time with our News Flow.
– U.S. oil-refinery stocks are up roughly 150% this year. How long could this historic run last?
– Jamie Raskin Warns American Oil Companies Against Helping Putin Sell Russian Diesel Under Trump’s Deal: ‘Proceed at Your Own Risk’
– Energy ETFs: How to Play the Sector's Surge
See more updates in real-time with our News Flow.
CRAK net asset value (NAV) is 56.57 USD. It represents the total value of the fund's assets less liabilities.
Other key metrics:
– CRAK AUM — 508.14 M USD
– CRAK discount/premium to NAV — −0.05%
– CRAK expense ratio — 0.61%
Explore more funds in our list of largest ETFs.
Other key metrics:
– CRAK AUM — 508.14 M USD
– CRAK discount/premium to NAV — −0.05%
– CRAK expense ratio — 0.61%
Explore more funds in our list of largest ETFs.
To put today's price into context, compare CRAK's performance across different time periods:
– 1 day — +1.78%
– 1 week — −8.48%
– 1 month — −15.30%
CRAK's all-time low was 13.80 USD on Mar 18, 2020, while its all-time high was 68.37 USD on Oct 14, 2026.
For a deeper look at market activity, explore the ETF Heatmap and the CRAK price chart.
– 1 day — +1.78%
– 1 week — −8.48%
– 1 month — −15.30%
CRAK's all-time low was 13.80 USD on Mar 18, 2020, while its all-time high was 68.37 USD on Oct 14, 2026.
For a deeper look at market activity, explore the ETF Heatmap and the CRAK price chart.
The safest way to buy CRAK is through a reliable broker. Create an account, fund it, and place a buy order.
You can trade CRAK directly from TradingView:
– Choose a broker: Explore our supported trading partners and pick one that fits your needs
– Compare options: View available brokers side by side to evaluate fees and features
– Connect your account: Open Supercharts, click “Trade”, select your exchange, and log in
– Start trading: Place orders directly from the chart
Tip: If you’re new to trading, try paper trading first — it lets you practice strategies in real market conditions without risking funds.
You can trade CRAK directly from TradingView:
– Choose a broker: Explore our supported trading partners and pick one that fits your needs
– Compare options: View available brokers side by side to evaluate fees and features
– Connect your account: Open Supercharts, click “Trade”, select your exchange, and log in
– Start trading: Place orders directly from the chart
Tip: If you’re new to trading, try paper trading first — it lets you practice strategies in real market conditions without risking funds.
VanEck Oil Refiners ETF expense ratio is 0.61%. It represents the annual cost of managing the fund, expressed as a percentage of its assets.
Other key metrics:
– CRAK AUM — 508.14 M USD
– CRAK NAV — 56.57 USD
– CRAK discount/premium to NAV — −0.05%
Explore more ETFs with highest expense ratio and find even more stats in the ETF Screener.
Other key metrics:
– CRAK AUM — 508.14 M USD
– CRAK NAV — 56.57 USD
– CRAK discount/premium to NAV — −0.05%
Explore more ETFs with highest expense ratio and find even more stats in the ETF Screener.
Before making an investment decision, it's important to understand how the ETF works and whether it aligns with your goals and risk tolerance. Consider factors such as:
– The ETF's holdings
– Whether it is passively or actively managed
– Whether it uses leverage
– Its costs, performance, and other characteristics relevant to your strategy
You can also use technical analysis to assess current market conditions. Our summary Technical Ratings for CRAK are:
– Today — sell
– 1 week — neutral
– 1 month — buy
For a deeper analysis, explore other CRAK technicals and follow the latest ETF news.
– The ETF's holdings
– Whether it is passively or actively managed
– Whether it uses leverage
– Its costs, performance, and other characteristics relevant to your strategy
You can also use technical analysis to assess current market conditions. Our summary Technical Ratings for CRAK are:
– Today — sell
– 1 week — neutral
– 1 month — buy
For a deeper analysis, explore other CRAK technicals and follow the latest ETF news.
CRAK trades at a discount (0.05%).
Premium/discount to net asset value (NAV) expresses the difference between the ETF's price and its NAV value.
– A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV.
– A negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
You can find more funds in the list of highest discount to NAV.
Premium/discount to net asset value (NAV) expresses the difference between the ETF's price and its NAV value.
– A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV.
– A negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
You can find more funds in the list of highest discount to NAV.
CRAK follows the MVIS Global Oil Refiners.
ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
Indices usually act as such benchmarks by tracking a group of companies or specific sectors, giving a broad view of market performance.
ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
Indices usually act as such benchmarks by tracking a group of companies or specific sectors, giving a broad view of market performance.
The fund's management style is passive, aiming to replicate the performance of the MVIS Global Oil Refiners by holding the same assets in similar proportions.
What it means:
– Index tracking: Mirrors the composition and weight of the underlying index
– Low turnover: Fewer trades compared to active funds
– May be more cost-efficient: Passive approach typically results in lower fees (expense ratio)
Combine this knowledge with other metrics:
– CRAK AUM — 508.14 M USD
– CRAK NAV — 56.57 USD
– CRAK expense ratio — 0.61%
Explore more details in the Profile section.
What it means:
– Index tracking: Mirrors the composition and weight of the underlying index
– Low turnover: Fewer trades compared to active funds
– May be more cost-efficient: Passive approach typically results in lower fees (expense ratio)
Combine this knowledge with other metrics:
– CRAK AUM — 508.14 M USD
– CRAK NAV — 56.57 USD
– CRAK expense ratio — 0.61%
Explore more details in the Profile section.
Today, CRAK trades at 56.20 USD.
For broader market analysis, dive into the technicals on the CRAK price chart and read the latest CRAK news:
– U.S. oil-refinery stocks are up roughly 150% this year. How long could this historic run last?
– Jamie Raskin Warns American Oil Companies Against Helping Putin Sell Russian Diesel Under Trump’s Deal: ‘Proceed at Your Own Risk’
– Energy ETFs: How to Play the Sector's Surge
For broader market analysis, dive into the technicals on the CRAK price chart and read the latest CRAK news:
– U.S. oil-refinery stocks are up roughly 150% this year. How long could this historic run last?
– Jamie Raskin Warns American Oil Companies Against Helping Putin Sell Russian Diesel Under Trump’s Deal: ‘Proceed at Your Own Risk’
– Energy ETFs: How to Play the Sector's Surge
CRAK assets under management (AUM) is 508.14 M USD. It represents the total market value of all assets held by the fund.
Other key metrics:
– CRAK NAV — 56.57 USD
– CRAK expense ratio — 0.61%
– CRAK premium/discount to NAV — −0.05%
Explore more funds in our list of largest ETFs. For deeper analysis, check the ETF Screener.
Other key metrics:
– CRAK NAV — 56.57 USD
– CRAK expense ratio — 0.61%
– CRAK premium/discount to NAV — −0.05%
Explore more funds in our list of largest ETFs. For deeper analysis, check the ETF Screener.
CRAK fund flows account for 449.36 M USD, showing the net amount of money entering or leaving the fund over 1 year. Many traders use it to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Other key metrics:
– CRAK AUM — 508.14 M USD
– CRAK discount/premium to NAV — −0.05%
– CRAK expense ratio — 0.61%
For broader market analysis, read the latest market news and read the ETF trading ideas.
Other key metrics:
– CRAK AUM — 508.14 M USD
– CRAK discount/premium to NAV — −0.05%
– CRAK expense ratio — 0.61%
For broader market analysis, read the latest market news and read the ETF trading ideas.
CRAK invests in stocks. See more details in our Profile section.
No, CRAK isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, CRAK pays dividends to its holders with the dividend yield of 1.36%.
The dividends come from the underlying assets in CRAK and are distributed periodically to investors.
Explore more in the dividend-paying ETFs list and follow dividend updates in the Dividend Calendar.
The dividends come from the underlying assets in CRAK and are distributed periodically to investors.
Explore more in the dividend-paying ETFs list and follow dividend updates in the Dividend Calendar.
CRAK shares are issued by Van Eck Associates Corp.
CRAK started trading on Aug 18, 2015. The launch date marks the fund's first day on the exchange and the start of its publicly available price history.
The age of a fund can be useful when evaluating its track record, as older funds typically provide more historical data for analyzing performance across different market conditions.
The age of a fund can be useful when evaluating its track record, as older funds typically provide more historical data for analyzing performance across different market conditions.




