A Cautious View On Oil Refiners ETF ‘CRAK’

FAN Editor 6 years ago

This article was originally published on ETFTrends.com.

With oil ranking as one of this year’s best-performing commodities, the energy equities are participating in that rally and that includes refiners. The VanEck Vectors Oil Refiners ETF (NYSEArca: CRAK), the only ETF dedicated to refiners, is up more than 11% year-to-date. CRAK tracks the MVIS Global Oil Refiners Index, “which is a rules-based, modified capitalization […]

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