CRAK

VanEck Oil Refiners ETF

The VanEck Vectors Oil Refiners ETF tracks an index of global stocks issued by firms that earn at least 50% of their revenue from oil refining. The index is market-cap-weighted.


US

EQUITY

Rules-Based

MANAGEMENT STYLE

25.5 M

ASSETS UNDER MGMT

61 bp

EXPENSES
Fund Basics
Fund sponsorVan Eck
CategoryUS
Asset classEquity
Websitelink...
Inception dateAug 18, 2015
Assets (mns)$25
Expense ratio61 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-End Investment Company
DistributionsAnnually
Taxation1099
Stock selectionMarket Cap
WeightingMarket Cap
Holdings TransparencyFull
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings Complete list  + 
RELIANCE INDS-SPONS GDR 144A 8.5 %
MARATHON PETROLEUM 7.8 %
PHILLIPS 66 7.3 %
VALERO ENERGY CORP 6.4 %
POLSKI KONCERN NAFTOWY SA 6.2 %
HF SINCLAIR CORPORATION 5.2 %
NESTE OIL OYJ 5.0 %
JX HOLDINGS INC 4.7 %
GALP ENERGIA SGPS SA-B SHRS 4.7 %
HYUNDAI ROBOTICS CO., LTD. 4.7 %
Constituent Breakdown
Number of holdings31
Herfindahl-Hirschman Index 516
Wgt avg mkt cap (mns)$14,776
Large cap (>$10bn)48.7%
Mid cap ($2-10bn)37.4%
Small cap (<$2bn)3.2%
Developed mkts.60.9%
Emerging mkts.38.2%
Country Exposure
UNITED STATES 28.0 %
JAPAN 11.6 %
SOUTH KOREA 9.8 %
INDIA 8.5 %
POLAND 6.2 %
FINLAND 5.1 %
PORTUGAL 4.7 %
HUNGARY 4.6 %
AUSTRIA 4.4 %
TURKEY 3.5 %
Historical Performance


Standardized Performance (as of 05/31/2025)
 YTD1 YR2 YR3 YR5 YR10 YR20 YRIncep.
Price Returns 8.9% -17.3% 1.6% -3.1% 6.3% -- -- 4.4%
Dividend Yield 0.0% 0.0% 1.9% 2.2% 2.5% -- -- 2.3%
Total Returns 8.9% -17.3% 3.5% -0.9% 8.9% -- -- 6.6%
Ann. Volatility 25.1% 20.7% 18.7% 21.1% 22.3% -- -- 23.0%
Market Correlations
versus...BetaR-squared
S&P 5000.8247%
MSCI EAFE0.8148%
MSCI Emg Mkts0.6430%
Liquidity Measures
Avg. volume (000)5
ADV traded (mns)$0
Turnover0.6%
Avg. Bid/Ask (% of price)0.46%
Technical Indicators
Recent close$31.86
30d moving avg.$29.92
Annualized volatility20.2%
Relative strength (RSI)68
Short interest1.8%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

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Risk and Returns: vs. Comps (1 YR)

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Results & Estimates
  2020 2021 2022 2023 2024 2025 2026  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Dividends per share -- -- -- -- -- -- --
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Book value per share -- -- -- -- -- -- --
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Return on Equity
Net Margins

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Valuation Metrics
  Fwd Est 2024 2025 2026
Price-to-sales --x --x --x --x
Price-to-earnings --x --x --x --x
Price-to-cash flow --x --x --x --x
Price-to-growth --x --x --x --x
Price-to-book value --x --x --x --x
Yield --% --% --x --%
Based on closing prices from 6/16/2025
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings



Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.

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ETF Research Center Rating

SPECULATIVE

Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™

15.1%

Cat. Avg

5.9%


ALTAR Score™ Calculation

Category Overview
There are 935 funds in the US Equity category, with an average ALTAR Score™ of 5.9% and a standard deviation of 2.3%. 's ALTAR Score™ is approximately 3.9 standard deviations above the category average. This places in the 99th percentile among funds in the category.
Sell Side Consensus Rating

Sell-side recommendations on the ETF's individual constituents

CRAK
Peer Average
SELL
U/W
HOLD
O/W
BUY
Factor Scorecard

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Expense Analysis

Peer Group Rules-Based
US Equity ETFs
# of ETFs 609
Avg. Expense Ratio 46.6 bp
Std. Deviation 32.9 bp
(61 bp) Percentile rank 67
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
61.0 0.0 61
Peer Avg. 43.7 16.7 60.4
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .