CRAK: Why This ETF Can Endure Oil’s Rise
May 27, 2016 at 11:00 AM EDT
The Market Vectors Oil Refiners ETF (NYSEArca: CRAK), the first dedicated exchange traded fund play on refiners equities, is languishing this relative to other equity-based energy ETFs, but that is not surprising. The oil refinery business benefits from lower crude oil prices, or lower input costs....