
The Fund seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS Global Oil Refiners Index, which includes equity securities of companies in the global oil refining segment. The Fund normally invests at least 80% of its assets in securities of the Index.
Is CRAK's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Stegent Equity Advisors Inc. bought a new stake in shares of VanEck Oil Refiners ETF (NYSEARCA:CRAK) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 11,450 shares of the company's stock, valued at approximately $725,000. Stegent Equity Advisors Inc.

Ayalon Insurance Comp Ltd. purchased a new stake in VanEck Oil Refiners ETF (NYSEARCA:CRAK) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 253,450 shares of the company's stock, valued at approximately $16,054,000. VanEck Oil Refiners ETF makes up about 1.4% of

Goldman expects tight refining capacity and recovering fuel demand to keep pressure on the oil market. Here are the ETFs that could benefit.

As a sector, energy has been one of the dominant corners of the market in 2026, and in some respects it all comes down to a handful of factors: supply disruption, refining margins, and a seismic shift in geopolitics with the advent and continuation of the Iran war. Regardless of whether this conflict is resolved this year, it's likely that the global oil market will continue to feel the impacts for a long time because of massive disruptions to pumping stations and pipelines in the Middle East, as well as how the major players in energy realign and shift their priorities.

The VanEck Oil Refiners ETF is rated a speculative Buy, benefiting from record diesel crack spreads and tight global refining capacity. CRAK trades at only 9.1x trailing earnings despite a 79% one-year rally, with trailing results not yet reflecting the full margin environment. Portfolio diversification reduces single-company and regulatory risks, but CRAK is not a pure U.S. diesel play and carries international exposures.