Vaneck Oil Refiners Etf Profile
| CRAK Etf | USD 31.56 0.15 0.48% |
Performance0 of 100
| Odds Of DistressLess than 9
|
VanEck Oil is selling for 31.56 as of the 30th of November 2024. This is a 0.48 percent increase since the beginning of the trading day. The etf's last reported lowest price was 31.36. VanEck Oil has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for VanEck Oil Refiners are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of its total assets in securities that comprise the funds benchmark index. Vaneck Oil is traded on NYSEARCA Exchange in the United States. More on VanEck Oil Refiners
Moving against VanEck Etf
VanEck Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Sector ETFs, Energy ETFs, Equity Energy, VanEck (View all Sectors) |
| Issuer | Van Eck |
| Inception Date | 2015-08-18 |
| Benchmark | Market Vectors Global Oil Refiners Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 25.94 Million |
| Average Trading Valume | 6,490.4 |
| Asset Type | Equity |
| Category | Sector |
| Focus | Energy |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | Van Eck Associates Corporation |
| Advisor | Van Eck Associates Corporation |
| Custodian | State Street Bank and Trust Company |
| Distributor | Van Eck Securities Corporation |
| Portfolio Manager | Hao-Hung Peter Liao, Guo Hua Jason Jin |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Dec |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 29.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.85 |
| Management Fee | 0.5 |
| Country Name | USA |
| Returns Y T D | (7.78) |
| Name | VanEck Oil Refiners ETF |
| Currency Code | USD |
| Open Figi | BBG009T0PRP4 |
| In Threey Volatility | 20.95 |
| 1y Volatility | 15.71 |
| 200 Day M A | 35.2497 |
| 50 Day M A | 32.6442 |
| Code | CRAK |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
VanEck Oil Refiners [CRAK] is traded in USA and was established 2015-08-18. The fund is listed under Equity Energy category and is part of VanEck family. The entity is thematically classified as Sector ETFs. VanEck Oil Refiners currently have 33.99 M in assets under management (AUM). , while the total return for the last 3 years was 9.2%.
Check VanEck Oil Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on VanEck Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding VanEck Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as VanEck Oil Refiners Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
VanEck Oil Refiners Currency Exposure
VanEck Oil Refiners holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of VanEck Oil will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in VanEck Oil Refiners.
Top VanEck Oil Refiners Etf Constituents
| NTOIF | Neste Oyj | Pink Sheet | Oil & Gas Refining & Marketing | |
| OMVJF | OMV Aktiengesellschaft | Pink Sheet | Oil & Gas Integrated | |
| MPC | Marathon Petroleum Corp | Stock | Energy | |
| PSX | Phillips 66 | Stock | Energy | |
| VLO | Valero Energy | Stock | Energy | |
| GLPEF | Galp Energia SGPS | OTC Stock | Oil & Gas Integrated | |
| JXHGF | ENEOS Holdings | Pink Sheet | Oil & Gas Refining & Marketing |
VanEck Oil Refiners Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in VanEck Oil. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.36) |
VanEck Oil Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in VanEck Oil Refiners. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of VanEck Oil Refiners is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Oil's value that differs from its market value or its book value, called intrinsic value, which is VanEck Oil's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VanEck Oil's market value can be influenced by many factors that don't directly affect VanEck Oil's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VanEck Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.