VanEck Oil Refiners ETF

10-Year Study

CRAK.US · · US · ETF

Executive Summary: VanEck Oil Refiners ETF has compounded at 13.0% annually over the last 10 years, with a maximum drawdown of 49.1% and an annualized volatility of 22.9%.

1Y CAGR
+71.2%
3Y CAGR
+23.5%
5Y CAGR
+13.9%
10Y CAGR
+13.0%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
49.1%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.45
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.69
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
23.1%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2017 · +49.6%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2024 · -15.1%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
70%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
202611.87.010.1-2.7————————28.2%
20253.7-1.01.7-3.58.09.52.45.23.86.61.4-3.539.1%
20242.21.48.1-4.2-1.5-1.20.6-0.9-4.1-8.70.9-7.9-15.1%
20235.2-4.00.9-3.2-5.74.310.20.82.9-3.84.81.713.7%
20225.3-2.78.50.09.5-9.92.51.0-11.811.810.5-3.719.1%
20211.111.7-3.43.26.4-1.5-7.22.84.02.4-11.44.510.9%
2020-10.9-11.6-23.419.65.9-1.5-2.21.9-8.4-5.927.28.0-11.2%
20199.5-1.7-0.50.3-9.76.10.7-6.58.56.1-2.1-0.39.1%
20182.1-6.11.58.01.6-3.58.90.82.3-10.9-5.2-8.5-10.5%
20170.44.33.91.2-2.64.76.23.14.84.84.46.249.6%
2016———-2.1-4.7-2.20.14.52.91.20.96.26.6%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 22.9%. The dominant macroeconomic risk driver is SHV.US, accounting for 24.8% of variance. Idiosyncratic stock-specific factors contribute 17.8%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-019794.95061809144
2016-05-019336.712669239323
2016-06-019134.27954738701
2016-07-019146.11812414154
2016-08-019553.927660409445
2016-09-019830.531754856433
2016-10-019947.282359866571
2016-11-0110037.870364314213
2016-12-0110656.550461115834
2017-01-0110697.36411799333
2017-02-0111152.135522270913
2017-03-0111582.052456014128
2017-04-0111725.227287592388
2017-05-0111419.648113022433
2017-06-0111955.392766040944
2017-07-0112696.840865982078
2017-08-0113090.588004447642
2017-09-0113717.770946432076
2017-10-0114379.161488651973
2017-11-0115005.559552619532
2017-12-0115937.667604159855
2018-01-0116280.266858525736
2018-02-0115291.451370266204
2018-03-0115527.503433841322
2018-04-0116768.26476551769
2018-05-0117040.486624370464
2018-06-0116441.232258486492
2018-07-0117910.39309307345
2018-08-0118050.886258094055
2018-09-0118465.89050951665
2018-10-0116456.79900582118
2018-11-0115600.23546340506
2018-12-0114270.063444306365
2019-01-0115631.172738570214
2019-02-0115370.658643469162
2019-03-0115293.609784812612
2019-04-0115333.44234416901
2019-05-0113850.022892275492
2019-06-0114700.699849565046
2019-07-0114804.434560795344
2019-08-0113842.108705605338
2019-09-0115024.200405520309
2019-10-0115936.882726142978
2019-11-0115609.981032114592
2019-12-0115566.812741186475
2020-01-0113873.700045784552
2020-02-0112266.858525737458
2020-03-019392.896853947283
2020-04-0111231.604421479495
2020-05-0111890.378703643142
2020-06-0111716.855255412389
2020-07-0111463.470468964613
2020-08-0111679.115704100988
2020-09-0110692.393223886455
2020-10-0110065.275688403428
2020-11-0112800.706390215188
2020-12-0113819.870495127216
2021-01-0113974.229838445941
2021-02-0115605.14095101053
2021-03-0115080.18837072405
2021-04-0115568.709529727255
2021-05-0116557.32879848257
2021-06-0116302.635882006673
2021-07-0115134.606579894042
2021-08-0115555.301196938975
2021-09-0116173.981293740599
2021-10-0116562.822944600695
2021-11-0114669.631761397084
2021-12-0115325.855190005886
2022-01-0116144.74458761201
2022-02-0115702.465825103016
2022-03-0117043.887762443585
2022-04-0117048.008372032178
2022-05-0118673.948590489894
2022-06-0116819.60886912159
2022-07-0117232.7163320034
2022-08-0117403.68892667931
2022-09-0115347.37392896854
2022-10-0117151.808489763884
2022-11-0118950.029432925632
2022-12-0118253.057753940742
2023-01-0119206.68454444372
2023-02-0118434.822421348683
2023-03-0118599.05814637975
2023-04-0117995.68317090719
2023-05-0116971.875204395317
2023-06-0117697.298711491923
2023-07-0119510.89018248414
2023-08-0119675.322127019426
2023-09-0120248.02145333246
2023-10-0119475.832297730394
2023-11-0120405.847341225715
2023-12-0120759.63110733207
2024-01-0121211.720845051997
2024-02-0121517.69245863039
2024-03-0123267.316371247303
2024-04-0122295.637386356204
2024-05-0121966.57727778141
2024-06-0121710.05297926614
2024-07-0121847.07959971221
2024-08-0121659.95159918896
2024-09-0120782.196350317223
2024-10-0118968.01622081235
2024-11-0119143.632677088102
2024-12-0117634.050624632087
2025-01-0118291.255150761986
2025-02-0118109.42507685264
2025-03-0118425.992543658842
2025-04-0117778.468179737065
2025-05-0119208.712145987312
2025-06-0121028.975080122967
2025-07-0121537.772254562104
2025-08-0122663.87598927333
2025-09-0123522.990385244295
2025-10-0125068.088167963895
2025-11-0125426.646608672905
2025-12-0124531.362417424294
2026-01-0127418.405389495718
2026-02-0129341.356530839166
2026-03-0132310.811694682452
2026-04-0131453.986526260713
Annual Return Matrix
YearAnnual Return
20170.49557473239713246
2018-0.10463288614566368
20190.09087200641686732
2020-0.11222221755370776
20210.10897241731821361
20220.19099766555563624
20230.13732347682131074
2024-0.15056050208888638
20250.39113598682526796
20260.2821948488241881
Total Factor Risk
0.22878845542046783
VTI.US Exposure
-0.023931189642393845
VEA.US Exposure
0.09277931047060561
VWO.US Exposure
0.04544338393216296
QQQ.US Exposure
-0.005584945941573764
VTV.US Exposure
0.21099407233350229
IJR.US Exposure
0.04982326925740414
QUAL.US Exposure
-0.015846842985178917
SHV.US Exposure
0.24774433754236047
TLT.US Exposure
0.011832691284937387
LQD.US Exposure
0.07203748364714202
HYG.US Exposure
-0.0201577995163364
GLD.US Exposure
-0.0050661545497004325
USO.US Exposure
0.17794972481310828
VNQ.US Exposure
-0.03163948093293389
BTC-USD.CC Exposure
-0.0008616713245174932
CPER.US Exposure
0.02595669470410912
VIX.INDX Exposure
-0.006090774195892417
UUP.US Exposure
-0.0041920030529676135
TIP.US Exposure
0.0010268642416050124
Idiosyncratic Exposure
0.17778302991455744
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
22.9%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+3.1%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+22.7%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
2.7% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.88
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is VanEck Oil Refiners ETF a high-risk investment?

VanEck Oil Refiners ETF (CRAK.US) has an annualized volatility of 22.9% and experienced a maximum drawdown of 49.1% over the last 10 years. Its primary macro risk driver is SHV.US.

What is the 10-year return of CRAK.US?

Over the past 10 years, CRAK.US has generated a Compound Annual Growth Rate (CAGR) of 13.0%. It has had a positive return in 70% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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