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DBA: A Well-Rounded Commodity ETF, But With A K-1

The VanEck Vectors Oil Refiners ETF (CRAK) provides exposure to a diversified portfolio of global oil refiners, but it comes with the complexity of a K-1 tax form.

The fund has a low expense ratio of 0.35%, and it has outperformed the S&P 500 Energy Select Sector Index over the past year.

However, investors should be aware that the fund's K-1 tax form can make it more complex to file taxes and may not be suitable for all investors.

The fund's top holdings include Valero Energy Corporation, Marathon Petroleum Corporation, and Phillips 66.

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