CRAK vs HEQ

Comparison between VANECK OIL REFINERS ETF (CRAK, ETF) and John Hancock Hedged equity & Income Fund (HEQ, ETF).

5-Year PerformanceCRAK has outperformed HEQ, delivering a return of +12.9% compared to +7.7%

CRAK vs HEQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CRAK(ETF)	HEQ(ETF)
Net Assets	$152M	$152M
Expense Ratio	0.61%	N/A
Max Drawdown	60.35%	59.66%
Sharpe Ratio	2.54	1.57
5Y Beta	0.58	0.53
5Y Dividends CAGR	16.06%	0.06%

Net Assets

Winner

CRAK

$152M

HEQ

$152M

Expense Ratio

CRAK

0.61%

HEQ

N/A

Max Drawdown

CRAK

60.35%

Winner

HEQ

59.66%

Sharpe Ratio

Winner

CRAK

2.54

HEQ

1.57

5Y Beta

CRAK

0.58

Winner

HEQ

0.53

5Y Dividends CAGR

Winner

CRAK

16.06%

HEQ

0.06%

CRAK vs HEQ - Historical Returns

Returns include dividend reinvestment.

Period	CRAK	HEQ
1 month	-6.66%	+1.91%
3 months	+3.94%	+6.28%
6 months	+23.79%	+10.72%
1 year	+63.21%	+22.29%
5 years(CAGR)	+12.85%	+7.69%
10 years(CAGR)	+12.93%	+7.47%
Max(CAGR)	+11.63%	+5.95%

CRAK

-6.66%

Winner

HEQ

+1.91%

CRAK

+3.94%

Winner

HEQ

+6.28%

Winner

CRAK

+23.79%

HEQ

+10.72%

Winner

CRAK

+63.21%

HEQ

+22.29%

5Y(CAGR)

Winner

CRAK

+12.85%

HEQ

+7.69%

10Y(CAGR)

Winner

CRAK

+12.93%

HEQ

+7.47%

Max(CAGR)

Winner

CRAK

+11.63%

HEQ

+5.95%

CRAK vs HEQ - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	CRAK	HEQ
2026	+27.87%	+11.41%
2025	+37.87%	+14.87%
2024	-14.88%	+11.63%
2023	+16.57%	-4.59%
2022	+16.40%	-2.97%
2021	+10.16%	+26.11%
2020	-12.15%	-13.94%
2019	+9.47%	+25.50%
2018	-11.10%	-18.15%
2017	+48.37%	+21.02%
2016	+11.35%	+21.17%
2015	+0.57%	-2.20%
2014	N/A	+5.02%
2013	N/A	+17.83%
2012	N/A	+10.48%
2011	N/A	-23.41%

CRAK vs HEQ Drawdown Comparison

The maximum drawdown for CRAK was -58.79%, occurring on Mar 19, 2020. Recovery took 919 trading sessions.

The maximum drawdown for HEQ was -44.30%, occurring on Mar 23, 2020. Recovery took 365 trading sessions.

The current CRAK drawdown is -6.66%. The current HEQ drawdown is -1.59%.

Rank	CRAK	HEQ
#1	-58.79% Oct 3, 2018 - May 27, 2022	-44.30% Jan 15, 2020 - Jun 28, 2021
#2	-35.62% Apr 8, 2024 - Oct 23, 2025	-32.38% Jul 8, 2011 - Sep 18, 2013
#3	-27.28% Jun 7, 2022 - Sep 8, 2023	-26.16% May 11, 2018 - Dec 16, 2019
#4	-17.72% Nov 25, 2015 - Nov 22, 2016	-25.35% May 25, 2022 - Jun 11, 2025
#5	-10.86% Jan 23, 2018 - Apr 26, 2018	-21.69% Jul 24, 2014 - Aug 11, 2016
#6	-9.99% Aug 19, 2015 - Oct 8, 2015	-7.91% Jan 2, 2018 - May 1, 2018
#7	-9.57% Sep 18, 2023 - Jan 29, 2024	-7.73% Jul 14, 2021 - Jan 7, 2022
#8	-8.57% May 5, 2026 - May 27, 2026	-7.33% Oct 3, 2016 - Dec 22, 2016
#9	-8.15% Nov 14, 2025 - Jan 21, 2026	-7.12% Apr 18, 2022 - May 20, 2022
#10	-7.42% May 21, 2018 - Jul 26, 2018	-7.00% Jan 14, 2022 - Mar 29, 2022
#11	-5.69% Mar 31, 2026 - Apr 29, 2026	-6.91% Feb 25, 2026 - Apr 14, 2026
#12	-4.59% Nov 5, 2015 - Nov 24, 2015	-6.04% Oct 20, 2017 - Dec 19, 2017
#13	-4.48% May 16, 2017 - Jun 28, 2017	-5.98% Jul 31, 2017 - Sep 22, 2017
#14	-4.06% Aug 29, 2018 - Sep 24, 2018	-4.53% Sep 7, 2016 - Oct 3, 2016
#15	-3.88% Aug 7, 2018 - Aug 22, 2018	-4.51% Jan 22, 2014 - Feb 28, 2014

Correlation

Correlation between CRAK and HEQ is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91

-101

Dividend Comparison (2011 - 2026)

CRAK vs HEQ dividend yield comparison.

Year	CRAK	HEQ
2026	0.00%	2.13%
2025	2.02%	9.30%
2024	5.60%	9.79%
2023	3.65%	10.75%
2022	3.08%	10.09%
2021	2.40%	8.92%
2020	2.64%	11.64%
2019	1.49%	10.09%
2018	2.42%	11.50%
2017	1.66%	10.44%
2016	3.42%	9.57%
2015	0.47%	10.40%
2014	0.00%	9.22%
2013	0.00%	7.88%
2012	0.00%	8.54%
2011	0.00%	4.57%