A Refiners ETF Could Outperform in Low Crude Oil Environment
August 19, 2015 at 14:47 PM EDT
Van Eck Global’s Market Vectors exchange traded fund arm has launched the first sector-specific ETF exposed to global oil refiners. According to a press release, the Market Vectors Oil Refiners ETF (NYSEArca: CRAK) began trading Wednesday. The new ETF has a 0.59% net expense ratio. CRAK tries...