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HAP
VanEck Vectors Natural Resources ETF

Fund Description

VanEck Vectors® 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
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    State Street Bank and Trust Company
  • Index Ticker

    RVEIT
  • Index Rebalancing

    Quarterly

 
as of 05/07/21

  • 30-Day SEC Yield1

    1.89%
  • Total Net Assets

    $73.2M
  • Number of Holdings

    358
  • Options

    Expected
  • Gross Expense Ratio2

    0.90%
  • Net Expense Ratio/TER2

    0.49%
  • Distribution Frequency

    Annual

Morningstar™ Ratings3
as of 03/31/2021

Category Overall 3 Year 5 Year
Natural Resources
3 stars of 104 funds
3 stars of 104 funds
3 stars of 98 funds

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

Trading Information

  • Fund Ticker

    HAP
  • Index Total Return Ticker

    RVEIT
  • NAV

    HAPNV
  • Intraday NAV (IIV)4

    HAPIV
  • Shares Outstanding

    1,500,000
  • Estimated Cash

    HAPEU
  • Total Cash

    HAPTC
  • CUSIP

    92189F841
  • ISIN

    US92189F8418
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.50%
  • Other Expenses

    0.40%
  • Gross Expense Ratio

    0.90%
  • Fee Waivers and
    Expense Reimbursement

    -0.41%
  • Net Expense Ratio/TER2

    0.49%
2Expenses for HAP are capped contractually at 0.49% until May 1, 2022. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.

Investment Professionals

  • 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
  • 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
  • Analyst for Equity ETFs
  • Joined VanEck in 2018
  • Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
  • BS, Finance, Providence College
  • Analyst for Equity ETFs
  • Joined VanEck in 2019
  • Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
  • BS, Accounting, Hunter College

Prices as of 05/07/21

NAV/
Market Price
Volume
30-Day Avg./
Last Trading Day
Daily Change
NAV/
Last Price
YTD Change
NAV/
Last Price
Premium/
Discount
Prem/Discount
Distribution Charts
NAV &
Prem/Discount
History
30-Day
Median
Bid Ask
Spread
NAV
Chart
HAP $48.80
$48.95
10,189
16,043
$0.78 / +1.62%
$0.83 / +1.72%
+26.26%
+26.91%
$0.15
0.31%
--

Premium/Discount History as of 05/07/21

Calendar Year 2020 2Q 2020 3Q 2020 4Q 2020 1Q 2021 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 29 6 7 3 37
HAP Days closed at NAV 10 3 2 3 4
Days closed at a discount 214 54 55 58 20


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) 2.97 17.12 18.73 66.02 10.30 10.78 3.08 3.24
HAP (Share Price) 2.73 17.35 19.24 66.63 10.37 10.80 3.06 3.25
RVEIT (Index) 3.12 17.05 18.83 65.61 10.33 10.89 3.21 3.41
Performance Differential (NAV - Index) -0.15 0.07 -0.10 0.41 -0.03 -0.11 -0.13 -0.17
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
08/29/08
HAP (NAV) 3.54 15.31 15.31 81.42 10.16 12.03 2.95 3.02
HAP (Share Price) 3.68 16.07 16.07 82.40 10.16 12.10 2.95 3.05
RVEIT (Index) 3.56 15.24 15.24 80.52 10.24 12.11 3.06 3.18
Performance Differential (NAV - Index) -0.02 0.07 0.07 0.90 -0.08 -0.08 -0.11 -0.16

Top 10 Holdings (%) as of 04/30/21 Daily Holdings

Total Holdings: 357
Swipe
to view
full data
Holding Name
Ticker
Shares Market Value
(US$)
% of Net
Assets
DEERE & CO
DE US
18,358
6,808,064 9.89
EXXON MOBIL CORP
XOM US
37,446
2,143,409 3.11
CORTEVA INC
CTVA US
43,589
2,125,400 3.09
ARCHER-DANIELS-MIDLAND CO
ADM US
32,594
2,057,659 2.99
NUTRIEN LTD
NTR US
33,355
1,840,862 2.67
CHEVRON CORP
CVX US
17,028
1,755,076 2.55
KUBOTA CORP
6326 JP
67,200
1,580,714 2.30
BHP GROUP LTD
BHP AU
37,701
1,375,902 2.00
TYSON FOODS INC
TSN US
17,231
1,334,541 1.94
TRACTOR SUPPLY CO
TSCO US
6,812
1,284,743 1.87
Top 10 Total (%) 32.41
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 04/30/21

  • Country

    % of Net Assets
  • United States

    48.68
  • Canada

    9.19
  • Australia

    7.26
  • Japan

    5.12
  • Brazil

    3.49
  • United Kingdom

    2.93
  • Russia

    2.61
  • China

    2.38
  • South Africa

    2.16
  • France

    1.67
  • Norway

    1.39
  • Netherlands

    1.20
  • India

    1.12
  • South Korea

    0.98
  • Chile

    0.84
  • Mexico

    0.65
  • Malaysia

    0.63
  • Finland

    0.59
  • Taiwan

    0.55
  • Italy

    0.54
  • Other/Cash

    6.01

Sector Weightings (%) as of 04/30/21

  • Sector

    % of Net Assets
  • Materials

    37.4
  • Energy

    25.6
  • Industrials

    15.8
  • Consumer Staples

    13.2
  • Utilities

    4.8
  • Consumer Discretionary

    2.0
  • Real Estate

    0.7
  • Information Technology

    0.3
  • Health Care

    0.1
  • n/a

    0.0
  • Other/Cash

    0.1