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VanEck Oil Refiners ETF

CRAK
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 18 2015
Expense Ratio
0.59%
Type
Global Equities
Fund Owner
Van Eck Associates Corporation
Volume (1m avg. daily)
$661,057
AUM
$40,068,000
Associated Index
MVIS Global Oil Refiners Index
Inverse/Leveraged
No
Passive/Active
Passive
Dividend
No
Prospectus

Top 10 Holdings

MPC
Marathon Petroleum Corp
8.70%
VLO
Valero Energy Corp.
7.08%
PSX
Phillips 66
6.75%
RIGD
Reliance Industries Ltd
6.59%
NESTE
NESTE OYJ
5.51%
PKN
POLSKI KONCERN NAFTOWY ORLEN
5.18%
5020
ENEOS Holdings Inc.
5.11%
5019
Idemitsu Kosan Co.Ltd
4.71%
GALP
GALP ENERGIA SGPS SA
4.64%
DINO
HF Sinclair Corporation
4.61%
Invest with CRAK

What is CRAK?

VanEck Oil Refiners ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS Global Oil Refiners Index. Market Global Oil Refiners Index is a modified market cap-weighted index intended to track the performance of the largest and most liquid companies in the global oil refining segment.

ETFs related toCRAK

ETFs correlated to CRAK include GDEF, GJAN, NDIV

CRAKVanEck ETF Trust - VanEck Oil Refiners ETF
GDEFGoldman Sachs ETF Trust - Goldman Sachs Defensive Equity ETF
Expense Ratio0.55%
Correlation (1yr)1.00
Return (3mo)0.00%
Volume (avg daily 1m)NaN
GJANFirst Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - January
NDIVAmplify ETF Trust - Amplify Natural Resources Dividend Income ETF
DRLLEA Series Trust - Strive U.S. Energy ETF
DFRATrimTabs ETF Trust - Donoghue Forlines Yield Enhanced Real Asset ETF
GNRSSgA Active Trust - SPDR S&P Global Natural Resources ETF
PPIInvestment Managers Series Trust II - AXS Astoria Inflation Sensitive ETF
IGEBlackRock Institutional Trust Company N.A. - iShares North American Natural Resources ETF
GRESIndexIQ ETF Trust - IQ Global Resources ETF
HAPVanEck ETF Trust - VanEck Natural Resources ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Disclaimers

*

We show information directly obtained from our data provider, XigniteData shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our providerInformation provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.