VanEck Oil Refiners ETF
CRAK
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 666 Third Avenue, 9th Floor New York NY United States of America 10017
- IPO Date
- Aug 20, 2015
- CIK
- 0001137360
- Website
- vaneck.com
- Similar Companies
- Business
- VanEck Oil Refiners ETF (CRAK) is an exchange-traded fund that seeks to replicate the price and yield performance, before fees and expenses, of the MVIS Global Oil Refiners Index, a rules-based, modified capitalization-weighted index tracking companies primarily involved in crude oil refining activities including gasoline, diesel, jet fuel, fuel oil, naphtha, and other petrochemicals. The ETF provides pure-play exposure to global oil refiners, with holdings weighted by market cap and capped at 8% per position; top holdings as of December 2025 include Reliance Industries Ltd (8.16%), Marathon Petroleum Corp (7.30%), Phillips 66 (6.59%), Orlen SA (6.50%), Valero Energy Corp (6.26%), Eneos Holdings Inc (6.02%), and HD Hyundai Oilbank Corp (5.34%), spanning energy sector operations across the United States (31%), Japan (13%), South Korea (9%), India (8%), Poland (6%), and other regions including Europe, Asia-Pacific, and the Middle East. Launched on August 18, 2015 and managed by VanEck, headquartered at 666 Third Avenue in New York City, the fund targets investors seeking differentiated exposure to the refining segment of the energy sector, which may benefit from refined product supply/demand imbalances, low oil prices, and adaptations to clean energy pressures; it operates globally with a net expense ratio of 0.62% and total net assets of approximately $39.42 million. Recent developments include a dividend distribution of $1.5394 per share in December 2024, contributing to a 4.00% 30-day SEC yield and 2.24% annual yield as of December 2025, alongside strong year-to-date performance of 39.27% NAV return amid favorable refining crack spreads. No major acquisitions, partnerships, or strategic shifts specific to CRAK have been reported in the last 1-2 years, though VanEck has pursued broader ETF product line changes such as forward stock splits and closures for other funds in 2025.