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 01/31/23
-
30-Day SEC Yield1
3.05% -
Total Net Assets
$151.3M -
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
2,900,000 -
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) | -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 |
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 12/31/22
Daily HoldingsHolding Name |
Ticker
|
Shares
|
Market Value (US$) |
% of Net Assets |
---|---|---|---|---|
Deere & Co |
DE US
|
19,799
|
8,489,019 | 5.95 |
Exxon Mobil Corp |
XOM US
|
66,669
|
7,353,591 | 5.15 |
Chevron Corp |
CVX US
|
31,345
|
5,626,114 | 3.94 |
Bhp Group Ltd |
BHP AU
|
149,476
|
4,611,946 | 3.23 |
Archer-Daniels-Midland Co |
ADM US
|
38,679
|
3,591,345 | 2.52 |
Bayer Ag |
BAYN GR
|
69,609
|
3,572,068 | 2.50 |
Shell Plc |
SHEL LN
|
112,444
|
3,154,026 | 2.21 |
Corteva Inc |
CTVA US
|
50,541
|
2,970,800 | 2.08 |
Nutrien Ltd |
NTR US
|
38,182
|
2,788,431 | 1.95 |
Totalenergies Se |
TTE FP
|
38,991
|
2,440,271 | 1.71 |
Top 10 Total (%) | 31.26 |
Country Weightings (%)
as of 12/31/22
Country | % of Net Assets |
---|---|
● United States | 49.74 |
● Canada | 8.92 |
● Australia | 8.64 |
● United Kingdom | 4.98 |
● Brazil | 3.76 |
● Germany | 3.09 |
● Japan | 2.41 |
● South Africa | 2.02 |
● France | 1.93 |
● China | 1.53 |
● Norway | 1.31 |
● Spain | 1.13 |
● India | 1.11 |
● Finland | 0.86 |
● Sweden | 0.84 |
● Chile | 0.72 |
● Netherlands | 0.71 |
● South Korea | 0.62 |
● Mexico | 0.54 |
● Malaysia | 0.50 |
● Other/Cash | 4.64 |
Sector Weightings (%)
as of 12/31/22
Sector | % of Net Assets |
---|---|
● Energy | 35.48 |
● Materials | 34.72 |
● Industrials | 10.11 |
● Consumer Staples | 7.85 |
● Utilities | 6.80 |
● Health Care | 2.81 |
● Consumer Discretionary | 1.35 |
● Real Estate | 0.71 |
● Information Technology | 0.31 |
● n/a | 0.07 |
● Other/Cash | -0.22 |