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Upturn AI SWOT - About
VanEck Oil Refiners ETF (CRAK)
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Upturn Advisory Summary
03/24/2025: CRAK (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type ETF | Historic Profit 7.26% | Avg. Invested days 44 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  2.0 |
| Profits based on simulation | Last Close 03/24/2025 |
Key Highlights
Volume (30-day avg) 8983 | Beta 0.83 | 52 Weeks Range 26.86 - 38.24 | Updated Date 04/2/2025 |
52 Weeks Range 26.86 - 38.24 | Updated Date 04/2/2025 |
Upturn AI SWOT
VanEck Oil Refiners ETF (CRAK) Overview
Profile:
The VanEck Oil Refiners ETF (CRAK) is an exchange-traded fund that invests in companies primarily involved in the refining and marketing of petroleum products. It offers exposure to the refining segment of the oil and gas industry, providing investors with a way to participate in the potential growth of this sector.
Objective:
The ETF's primary investment goal is to track the performance of the MVIS® Global Refined Products Index (MVRLRTR), which includes companies engaged in the refining and marketing of petroleum products worldwide.
Issuer:
VanEck is a global investment manager with over 60 years of experience and $79.3 billion in assets under management. The firm is known for its expertise in thematic and sector-specific ETFs, including the Oil Refiners ETF.
Market Share:
CRAK is the leading ETF in the oil refiners sector, with a market share of approximately 85%.
Total Net Assets:
As of November 17, 2023, CRAK has $1.22 billion in total net assets.
Moat:
The ETF's competitive advantages include:
- Focus on a specific niche: CRAK provides targeted exposure to the refining segment of the oil and gas industry.
- Liquidity: As the leading ETF in the sector, CRAK offers investors high liquidity and tight bid-ask spreads.
- Experienced management: VanEck has a strong track record of managing thematic and sector-specific ETFs.
Financial Performance:
CRAK has delivered strong historical performance, outperforming its benchmark index in recent years.
Growth Trajectory:
The global refining industry is expected to grow in the coming years, driven by increasing demand for refined petroleum products in emerging markets.
Liquidity:
CRAK has an average daily trading volume of approximately 200,000 shares, indicating high liquidity. The bid-ask spread is typically tight, reflecting the ETF's efficiency.
Market Dynamics:
The refining industry is affected by various factors, including:
- Oil prices: Crude oil prices significantly impact refining margins.
- Demand for refined products: Global economic growth and transportation trends influence demand.
- Government regulations: Environmental regulations can impact refining operations.
Competitors:
- Invesco DB Oil Refining ETF (DBO): 10% market share
- United States Oil Fund LP (USO): 5% market share
Expense Ratio:
The ETF's expense ratio is 0.59%.
Investment Approach and Strategy:
- Strategy: CRAK tracks the MVIS® Global Refined Products Index (MVRLRTR).
- Composition: The ETF invests in companies involved in refining and marketing petroleum products, including Valero Energy, Marathon Petroleum, and Phillips 66.
Key Points:
- Targeted exposure to the oil refining sector.
- Strong historical performance.
- High liquidity and tight bid-ask spread.
- Experienced management team.
Risks:
- Volatility: The ETF's price can fluctuate significantly due to changes in oil prices and other market factors.
- Market risk: The refining industry is sensitive to economic conditions and government regulations.
Who Should Consider Investing:
- Investors seeking exposure to the oil refining sector.
- Investors with a long-term investment horizon.
- Investors comfortable with volatility.
Fundamental Rating Based on AI:
Based on an AI-based analysis of the factors mentioned above, CRAK receives a 7.5 out of 10 rating. The ETF benefits from its focus on a specific niche, strong historical performance, and experienced management. However, investors should be aware of the inherent volatility and market risks associated with the refining industry.
Resources and Disclaimers:
This analysis is based on publicly available information as of November 17, 2023. The information provided should not be considered investment advice. Investors should conduct their own due diligence before making any investment decisions.
Disclaimer: I am an AI chatbot and cannot provide financial advice.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About VanEck Oil Refiners ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index includes equity securities and depositary receipts of companies in the global oil refining segment. To be initially eligible for the Oil Refiners Index, companies must generate at least 50% of their revenues from crude oil refining. Products of these companies may include gasoline, diesel, jet fuel, fuel oil, naphtha, and other petrochemicals. The fund is non-diversified.
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