Natural Resources
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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 07/01/22
-
30-Day SEC Yield1
2.79% -
Total Net Assets
$145.5M -
Number of Holdings
433 -
Options
Available -
Gross Expense Ratio2
0.49% -
Net Expense Ratio/TER2
0.49% -
Distribution Frequency
Annual -
Next Distribution Date
12/16/2022
Key Points
- 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
3,200,000 -
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%
2Van Eck Associates Corporation (the “Adviser”) will pay all expenses of the Fund, except for the fee payment under the investment management agreement, acquired fund fees and expenses, interest expense, offering costs, trading expenses, taxes and extraordinary expenses. 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
Guo Hua (Jason) Jin
- Portfolio Manager and Analyst for Equity ETFs
- Joined VanEck in 2007
- Prior to his current role, held a portfolio administration position at VanEck
- Previously, Portfolio Analyst at Evaluation Associates
- BS, Business Administration (concentration in Financial Analysis), State University of New York at Buffalo
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) | 2.67 | 5.29 | 12.09 | 14.56 | 19.54 | 12.78 | 7.77 | 4.25 |
HAP (Share Price) | 2.87 | 5.15 | 12.97 | 14.50 | 19.69 | 12.85 | 7.82 | 4.26 |
RVEIT (Index) | 2.43 | 5.48 | 12.26 | 14.74 | 19.49 | 12.92 | 7.90 | 4.42 |
Performance Differential (NAV - Index) | 0.24 | -0.19 | -0.17 | -0.18 | 0.05 | -0.14 | -0.13 | -0.17 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 08/29/08 |
|
---|---|---|---|---|---|---|---|---|
HAP (NAV) | 8.42 | 15.42 | 15.42 | 25.50 | 18.04 | 13.18 | 6.65 | 4.53 |
HAP (Share Price) | 8.31 | 16.36 | 16.36 | 25.26 | 18.25 | 13.18 | 6.69 | 4.55 |
RVEIT (Index) | 8.64 | 15.62 | 15.62 | 25.86 | 18.07 | 13.34 | 6.78 | 4.70 |
Performance Differential (NAV - Index) | -0.22 | -0.20 | -0.20 | -0.36 | -0.03 | -0.16 | -0.13 | -0.17 |
Top 10 Holdings (%) as of 05/31/22 Daily Holdings
to view
full data
Holding Name |
Ticker
|
Shares
|
Market Value (US$) |
% of Net Assets |
---|---|---|---|---|
Deere & Co |
DE US |
35,816 |
12,814,248 | 7.53 |
Nutrien Ltd |
NTR US |
78,065 |
7,587,137 | 4.46 |
Archer-Daniels-Midland Co |
ADM US |
77,629 |
7,050,266 | 4.14 |
Corteva Inc |
CTVA US |
101,735 |
6,370,646 | 3.74 |
Exxon Mobil Corp |
XOM US |
54,874 |
5,267,904 | 3.10 |
Chevron Corp |
CVX US |
24,981 |
4,363,181 | 2.56 |
Bhp Group Ltd |
BHP AU |
123,728 |
3,882,937 | 2.28 |
Tyson Foods Inc |
TSN US |
40,131 |
3,596,139 | 2.11 |
Mosaic Co/The |
MOS US |
51,117 |
3,202,480 | 1.88 |
Kubota Corp |
6326 JP |
165,000 |
3,047,366 | 1.79 |
Top 10 Total (%) | 33.61 |
Country Weightings (%) as of 05/31/22
-
Country
% of Net Assets -
■
United States
52.52 -
■
Canada
10.47 -
■
Australia
6.90 -
■
United Kingdom
4.39 -
■
Japan
4.31 -
■
Brazil
3.54 -
■
South Africa
1.84 -
■
China
1.67 -
■
Norway
1.43 -
■
France
1.26 -
■
Chile
1.12 -
■
Sweden
0.92 -
■
Germany
0.85 -
■
India
0.80 -
■
Israel
0.65 -
■
Malaysia
0.59 -
■
South Korea
0.58 -
■
Mexico
0.55 -
■
Singapore
0.52 -
■
Netherlands
0.47 -
■
Other/Cash
4.61
Sector Weightings (%) as of 05/31/22
-
Sector
% of Net Assets -
■
Materials
39.2 -
■
Energy
24.1 -
■
Consumer Staples
14.4 -
■
Industrials
13.5 -
■
Utilities
4.5 -
■
Consumer Discretionary
1.8 -
■
Health Care
1.0 -
■
Real Estate
0.8 -
■
Information Technology
0.2 -
■
n/a
0.0 -
■
Other/Cash
0.3