HAPVanEck Natural Resources ETF
Fund Description
VanEck Natural Resources ETF (HAP®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of VanEck® Natural Resources Index (RVEIT), which is intended to track the overall performance of companies involved in the production and distribution of commodities and commodity- related products and services in the following sectors: Agriculture, Alternatives (Water & Alternative Energy), Base and Industrial Metals, Energy, Forest Products, and Precious Metals.
-
Fund Ticker
HAP -
Exchange
NYSE Arca -
Inception Date
08/29/2008 -
ETF Structure
Physical -
Administrator
Van Eck Associates -
Index Ticker
RVEIT -
Index Rebalancing
Quarterly
as of 03/27/23
-
30-Day SEC Yield1
3.36% -
Total Net Assets
$128.2M -
Number of Holdings
430 -
Options
Available -
Gross Expense Ratio2
0.49% -
Net Expense Ratio/TER2
0.49% -
Distribution Frequency
Annual -
Next Distribution Date
12/15/2023
Key Documents and Links
Fund Highlights
- Comprehensive Portfolio
Index contains global companies involved in six natural resources segments (including agriculture, energy, metals and renewable energy)
- Utilizes consumption based-weights
Offers broadly diversified natural resources exposure
- Includes water and renewable energy
First commodity equity index to include alternatives
- No K-1s
Access to resource equities without burdensome K-1 tax reporting
Trading Information
-
Fund Ticker
HAP -
Index Total Return Ticker
RVEIT -
NAV
HAPNV -
Intraday NAV (IIV)4
HAPIV -
Shares Outstanding
2,700,000 -
Estimated Cash
HAPEU -
Total Cash
HAPTC -
CUSIP
92189F841 -
ISIN
US92189F8418
Fees and Expenses2
-
Management Fee
0.49% -
Other Expenses
-- -
Gross Expense Ratio
0.49% -
Fee Waivers and
--
Expense Reimbursement -
Net Expense Ratio/TER2
0.49%
Notwithstanding the foregoing, the Adviser has agreed to pay the offering costs until at least May 1, 2023.
Investment Professionals
Peter Liao, CFA
- Portfolio Manager and Head of Equity ETFs
- Oversees the Equity ETF Investment Management Team including development and management of index replication and optimization strategies
- Joined VanEck in 2005
- CFA charterholder; member of the CFA Society New York
- BA, Mathematics and Economics, New York University
Griffin Driscoll
- Analyst for Equity ETFs
- Joined VanEck in 2018
- Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
- BS, Finance, Providence College
Ralph Lasta
- Analyst for Equity ETFs
- Joined VanEck in 2019
- Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
- BS, Accounting, Hunter College
Performance History: Average Annual Total Returns* (%)
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 08/29/08 |
|
---|---|---|---|---|---|---|---|---|
HAP (NAV) | -5.43 | -3.14 | 0.27 | 0.87 | 19.73 | 9.09 | 5.70 | 3.72 |
HAP (Share Price) | -5.45 | -3.66 | 0.13 | 0.43 | 20.02 | 8.97 | 5.70 | 3.71 |
RVEIT (Index) | -5.22 | -2.77 | 0.30 | 1.12 | 19.84 | 9.11 | 5.80 | 3.88 |
Performance Differential (NAV - Index) | -0.21 | -0.37 | -0.03 | -0.25 | -0.11 | -0.02 | -0.10 | -0.16 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 08/29/08 |
|
---|---|---|---|---|---|---|---|---|
HAP (NAV) | -3.40 | 17.28 | 7.10 | 7.10 | 12.75 | 8.66 | 5.79 | 3.74 |
HAP (Share Price) | -3.78 | 17.38 | 7.76 | 7.76 | 12.70 | 8.66 | 5.82 | 3.74 |
RVEIT (Index) | -3.07 | 17.21 | 7.29 | 7.29 | 12.70 | 8.73 | 5.95 | 3.91 |
Performance Differential (NAV - Index) | -0.33 | 0.07 | -0.19 | -0.19 | 0.05 | -0.07 | -0.16 | -0.17 |
Top 10 Holdings (%) as of 02/28/23
Daily HoldingsHolding Name |
Ticker
|
Shares
|
Market Value (US$) |
% of Net Assets |
---|---|---|---|---|
Deere & Co |
DE US
|
18,774
|
7,870,812 | 5.80 |
Exxon Mobil Corp |
XOM US
|
63,221
|
6,948,620 | 5.12 |
Chevron Corp |
CVX US
|
29,723
|
4,778,567 | 3.52 |
Bhp Group Ltd |
BHP AU
|
141,745
|
4,299,164 | 3.17 |
Bayer Ag |
BAYN GR
|
66,009
|
3,930,074 | 2.90 |
Shell Plc |
SHEL LN
|
106,628
|
3,250,530 | 2.40 |
Corteva Inc |
CTVA US
|
47,927
|
2,985,373 | 2.20 |
Archer-Daniels-Midland Co |
ADM US
|
36,679
|
2,919,648 | 2.15 |
Nutrien Ltd |
NTR US
|
36,207
|
2,816,180 | 2.08 |
Totalenergies Se |
TTE FP
|
36,974
|
2,287,491 | 1.69 |
Top 10 Total (%) | 31.02 |
Country Weightings (%)
as of 02/28/23
Country | % of Net Assets |
---|---|
● United States | 48.71 |
● Canada | 8.89 |
● Australia | 8.51 |
● United Kingdom | 5.37 |
● Brazil | 3.74 |
● Germany | 3.55 |
● Japan | 2.57 |
● France | 1.93 |
● South Africa | 1.71 |
● China | 1.60 |
● Norway | 1.25 |
● Spain | 1.12 |
● India | 1.00 |
● Sweden | 0.94 |
● Finland | 0.87 |
● Chile | 0.78 |
● Netherlands | 0.72 |
● South Korea | 0.64 |
● Mexico | 0.63 |
● Italy | 0.49 |
● Other/Cash | 4.98 |
Sector Weightings (%)
as of 02/28/23
Sector | % of Net Assets |
---|---|
● Materials | 35.69 |
● Energy | 34.42 |
● Industrials | 10.15 |
● Consumer Staples | 7.43 |
● Utilities | 6.59 |
● Health Care | 3.19 |
● Consumer Discretionary | 1.39 |
● Real Estate | 0.71 |
● Information Technology | 0.35 |
● Other/Cash | 0.07 |