VanEck Oil Refiners ETF (CRAK) Performance
CRAK total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +71.3% since Dec 31, 2025
- 1 year
- +68.7% total return
- 5 years
- +19.4% a year
- 10 years
- +15.6% a year
- Since first price
- +14.0% a year since 2015
CRAK trailing returns vs SPY, QQQ, AGG
| Period | CRAK total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.3% | +0.3% | −1.0% | −5.0% | +0.9% |
| 3 months | +15.4% | +15.4% | +3.2% | +1.9% | −0.4% |
| 6 months | +36.5% | +36.5% | +7.8% | +8.4% | −1.5% |
| YTD | +71.3% | +71.3% | +12.3% | +15.1% | −1.0% |
| 1 year | +68.7% | +65.3% | +14.4% | +15.9% | −1.1% |
| 3 years | +117.5%+29.6%/yr | +94.6% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +142.7%+19.4%/yr | +105.4% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +324.7%+15.6%/yr | +220.6% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionAug 19, 2015 | +333.7%+14.0%/yr | +225.9% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: CRAK vs SPY
From Aug 19, 2015: CRAK grew to $43,373, SPY to $43,865.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
CRAK returns by calendar year
7 of 10 full years positive. Best 2017 (+49.6%), worst 2024 (−15.1%). 2026 is year to date.
CRAK annual returns table
| Year | CRAK | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +71.3% | −13.6% | +12.3% | +15.1% | −1.0% |
| 2025 | +39.1% | −17.5% | +17.7% | +20.8% | +7.2% |
| 2024 | −15.1% | −29.2% | +24.9% | +25.6% | +1.3% |
| 2023 | +13.7% | −14.5% | +26.2% | +54.9% | +5.7% |
| 2022 | +19.1% | −27.3% | −18.2% | −32.6% | −13.0% |
| 2021 | +10.9% | −17.2% | +28.7% | +27.4% | −1.8% |
| 2020 | −11.2% | −51.0% | +18.3% | +48.6% | +7.5% |
| 2019 | +9.1% | −15.9% | +31.2% | +39.0% | +8.5% |
| 2018 | −10.5% | −27.5% | −4.6% | −0.1% | +0.1% |
| 2017 | +49.6% | −4.5% | +21.7% | +32.7% | +3.6% |
| 2016 | +9.3% | −13.3% | +12.0% | +7.1% | +2.4% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
CRAK largest drawdowns
Now 5.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Oct 3, 2018 | −58.8% | Mar 19, 2020 | May 27, 2022 | 1.5 years | 3.6 years |
| Apr 8, 2024 | −35.6% | Apr 8, 2025 | Oct 23, 2025 | 1.0 years | 1.5 years |
| Jun 7, 2022 | −27.3% | Sep 26, 2022 | Sep 8, 2023 | 4 months | 1.3 years |
| Nov 25, 2015 | −17.7% | Feb 11, 2016 | Nov 22, 2016 | 3 months | 12 months |
| May 5, 2026 | −13.6% | Jun 24, 2026 | Jul 13, 2026 | 50 days | 2 months |
| Jan 23, 2018 | −10.9% | Feb 8, 2018 | Apr 26, 2018 | 16 days | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
CRAK risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2015 |
|---|---|---|---|---|
| Annualized return | +27.0% | +20.7% | +15.5% | +14.6% |
| Volatility (annualized) | 21.0% | 21.9% | 24.1% | 23.6% |
| Sharpe ratio | 1.04 | 0.81 | 0.62 | 0.61 |
| Sortino ratio | 2.17 | 1.42 | 1.02 | 1.00 |
| Best month | +19.9% | +19.9% | +27.2% | +27.2% |
| Worst month | −8.7% | −11.8% | −23.4% | −23.4% |
| Best 12 months | +87.0% | +87.0% | +87.0% | +87.0% |
| Worst 12 months | −20.8% | −20.8% | −38.6% | −38.6% |
| Positive months | 64% | 65% | 64% | 62% |
| Beta vs S&P 500 | 0.29 | 0.56 | 0.91 | — |
| Correlation with S&P 500 | 0.17 | 0.40 | 0.58 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
CRAK rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 123 | −38.6% | +13.1% | +87.0% | 72% |
| 3-year (a year) | 99 | −11.2% | +10.3% | +29.2% | 82% |
| 5-year (a year) | 75 | −0.1% | +8.1% | +20.9% | 99% |
| 10-year (a year) | 15 | +9.5% | +12.6% | +15.5% | 100% |
Every holding period starting at a month-end since 2015. Returns for 3 years and longer are annualized.
CRAK performance overview
VanEck Oil Refiners ETF (CRAK) returned +68.7% over the past year and +15.6% a year over ten years, with distributions reinvested. Since its first recorded price in 2015 it has returned +14.0% a year, turning $10,000 into about $43,373. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −58.8%, from Oct 3, 2018 to Mar 19, 2020, and it took 2.2 years to get back to the old high. CRAK finished 7 of its 10 full calendar years with a gain; the best year was 2017 (+49.6%) and the worst 2024 (−15.1%). Volatility has been 23.6% a year.
Related: CRAK chart, CRAK holdings, CRAK dividends. See the CRAK overview for the latest quote and fund facts.
CRAK performance FAQ
What is the CRAK return over the past year?
CRAK returned +68.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 65.3%.
What is the average annual return of CRAK?
CRAK has returned +19.4% a year over 5 years, +15.6% a year over 10 years, +14.0% a year since August 19, 2015 (total return, distributions reinvested).
How much would $10,000 invested in CRAK be worth?
$10,000 invested in CRAK at its first recorded close on August 19, 2015 would be worth about $43,373 on October 23, 2026 with distributions reinvested.
What was the worst year for CRAK?
The worst calendar year was 2024, with a total return of −15.1%. The best was 2017 at +49.6%.
What is the biggest drawdown of CRAK?
The largest peak-to-trough decline was −58.8% between October 3, 2018 and March 19, 2020. It recovered to the old high on May 27, 2022, 2.2 years after the bottom.
How volatile is CRAK?
Over the past 3 years CRAK had an annualized volatility of 21.0% and a Sharpe ratio of 1.04 (excess return over 1–3 month T-bills per unit of risk).