Individual Investors

Subscribe to email updates

Subscribe now

Financial Professionals

Subscribe to email updates, or password protected financial professional-only content
email address/username
password

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
    • Commencement

      08/29/2008
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      RVEIT
    • Index Rebalancing

      Quarterly
  •  
    as of 05/24/17

    • 30-Day SEC Yield1

      1.75%
    • Total Net Assets

      $105.3M
    • Number of Holdings

      309
    • Options

      Expected
    • Gross Expense Ratio2

      0.77%
    • Net Expense Ratio/TER2

      0.50%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      12/15/2017
  • Portfolio Composition (%)
    as of 05/23/17

    • % of Net Assets
    • Stocks

      100.39
    • Bonds

      0.00
    • Other

      0.00
    • Cash

      -0.39
  • Download All HoldingsDaily Holdings (%) as of 05/24/17

    Total Holdings: 309
    Holding Name
    Ticker
    SharesMarket Value
    (US$)
    % of Net
    Assets
    Monsanto Co
    MON US
    60,905
    7,077,1616.72
    Syngenta Ag
    SYNN SW
    12,933
    5,912,2435.62
    Deere & Co
    DE US
    40,666
    4,992,9714.74
    Exxon Mobil Corp
    XOM US
    51,860
    4,267,5594.05
    Archer-Daniels-Midland Co
    ADM US
    79,309
    3,374,5983.21
    Chevron Corp
    CVX US
    23,677
    2,514,9712.39
    Tyson Foods Inc
    TSN US
    40,351
    2,357,7092.24
    Potash Corp Of Saskatchewan Inc
    POT US
    116,630
    1,934,8921.84
    Agrium Inc
    AGU US
    19,190
    1,774,8831.69
    Bhp Billiton Ltd
    BHP AU
    94,054
    1,708,8011.62
    Total Sa
    FP FP
    30,686
    1,650,4621.57
    Bunge Ltd
    BG US
    19,374
    1,599,1301.52
    Cnh Industrial Nv
    CNHI US
    137,990
    1,552,3881.47
    Rio Tinto Plc
    RIO LN
    35,555
    1,466,8271.39
    Bp Plc
    BP/ LN
    225,069
    1,392,9471.32
    Royal Dutch Shell Plc
    RDSB LN
    46,845
    1,312,4821.25
    Schlumberger Ltd
    SLB US
    17,436
    1,244,2331.18
    Ingredion Inc
    INGR US
    9,970
    1,167,3871.11
    Mosaic Co/The
    MOS US
    48,640
    1,125,5301.07
    Wilmar International Ltd
    WIL SP
    377,164
    1,003,1620.95
    Tractor Supply Co
    TSCO US
    18,155
    964,3940.92
    Vestas Wind Systems A/S
    VWS DC
    10,685
    962,7160.91
    Marine Harvest Asa
    MHG NO
    52,505
    953,5960.91
    Yara International Asa
    YAR NO
    24,284
    936,2150.89
    Barrick Gold Corp
    ABX US
    55,218
    922,6930.88
    Cf Industries Holdings Inc
    CF US
    32,374
    920,7170.87
    Newmont Mining Corp
    NEM US
    25,179
    847,5250.81
    Enbridge Inc
    ENB US
    20,440
    814,7380.77
    Conocophillips
    COP US
    15,456
    721,3320.69
    Eog Resources Inc
    EOG US
    7,214
    668,5210.64
    Weyerhaeuser Co
    WY US
    20,056
    665,4580.63
    Suncor Energy Inc
    SU US
    20,868
    664,4370.63
    Gazprom Pjsc
    OGZD LI
    148,043
    631,9750.60
    Nisshin Seifun Group Inc
    2002 JP
    37,250
    620,9600.59
    Southern Co/The
    SO US
    12,257
    617,5080.59
    Svenska Cellulosa Ab Sca
    SCAB SS
    17,075
    596,8690.57
    Agco Corp
    AGCO US
    9,269
    593,4940.56
    Nippon Steel & Sumitomo Metal Corp
    5401 JP
    26,400
    586,4050.56
    Occidental Petroleum Corp
    OXY US
    9,559
    584,6280.56
    Anglo American Plc
    AAL LN
    41,096
    579,3810.55
    International Paper Co
    IP US
    11,012
    574,4960.55
    Glencore Plc
    GLEN LN
    149,429
    566,2850.54
    Newcrest Mining Ltd
    NCM AU
    36,324
    564,9730.54
    Eni Spa
    ENI IM
    33,635
    560,8550.53
    Goldcorp Inc
    GG US
    40,449
    553,7470.53
    Veolia Environnement Sa
    VIE FP
    24,679
    548,3330.52
    Nucor Corp
    NUE US
    9,345
    548,0840.52
    Halliburton Co
    HAL US
    10,842
    517,2720.49
    Agnico Eagle Mines Ltd
    AEM US
    10,694
    516,1990.49
    Transcanada Corp
    TRP US
    10,803
    513,1430.49
    Posco
    005490 KS
    1,940
    483,1370.46
    Kinder Morgan Inc/De
    KMI US
    24,012
    465,1120.44
    Freeport-Mcmoran Inc
    FCX US
    38,971
    463,7550.44
    Calbee Inc
    2229 JP
    11,700
    457,2120.43
    United Utilities Group Plc
    UU/ LN
    32,887
    449,9720.43
    Lukoil Pjsc
    LKOD LI
    8,936
    443,2260.42
    Malayan Banking Bhd
    MAY MK
    202,300
    441,2000.42
    Wheaton Precious Metals Corp
    WPM US
    20,915
    434,4050.41
    Phillips 66
    PSX US
    5,505
    430,9310.41
    Canadian Natural Resources Ltd
    CNQ US
    13,895
    424,6310.40
    Arcelormittal
    MT NA
    18,867
    422,2280.40
    Randgold Resources Ltd
    GOLD US
    4,443
    414,5320.39
    Reliance Industries Ltd
    RIGD LI
    10,095
    403,8050.38
    Severn Trent Plc
    SVT LN
    11,368
    376,0610.36
    Darling Ingredients Inc
    DAR US
    22,875
    373,0910.35
    Anadarko Petroleum Corp
    APC US
    6,992
    373,0230.35
    Pioneer Natural Resources Co
    PXD US
    2,124
    368,8540.35
    Westrock Co
    WRK US
    6,708
    364,3110.35
    Arconic Inc
    ARNC US
    12,911
    362,5410.34
    Gruma Sab De Cv
    GRUMAB MM
    28,245
    362,2100.34
    Valero Energy Corp
    VLO US
    5,641
    359,9520.34
    Kuala Lumpur Kepong Bhd
    KLK MK
    62,278
    359,9110.34
    Ioi Corp Bhd
    IOI MK
    340,394
    359,5780.34
    Thyssenkrupp Ag
    TKA GR
    12,771
    335,7840.32
    Suez
    SEV FP
    17,966
    329,6950.31
    Grupo Mexico Sab De Cv
    GMEXICOB MM
    114,064
    322,5150.31
    Vale Sa
    VALE US
    37,716
    319,0770.30
    Williams Cos Inc/The
    WMB US
    10,328
    312,7320.30
    South32 Ltd
    S32 AU
    156,027
    308,6950.29
    Baker Hughes Inc
    BHI US
    5,319
    302,8110.29
    Mmc Norilsk Nickel Pjsc
    MNOD LI
    19,942
    295,1700.28
    China Steel Corp
    2002 TT
    363,472
    295,0380.28
    Jfe Holdings Inc
    5411 JP
    17,064
    286,8930.27
    Aqua America Inc
    WTR US
    8,558
    278,3060.26
    Golden Agri-Resources Ltd
    GGR SP
    937,319
    259,6320.25
    China Petroleum & Chemical Corp
    386 HK
    318,927
    257,5570.24
    Packaging Corp Of America
    PKG US
    2,523
    256,3870.24
    Mondi Plc
    MNDI LN
    9,834
    255,3000.24
    Repsol Sa
    REP SM
    15,032
    253,3680.24
    Teck Resources Ltd
    TECK US
    13,628
    252,2540.24
    Kinross Gold Corp
    KGC US
    58,984
    250,0920.24
    Steel Dynamics Inc
    STLD US
    7,102
    248,4990.24
    Gamesa Corp Tecnologica Sa
    GAM SM
    10,775
    245,7150.23
    Graincorp Ltd
    GNC AU
    31,783
    244,9730.23
    Concho Resources Inc
    CXO US
    1,853
    242,7430.23
    Statoil Asa
    STL NO
    13,319
    241,3250.23
    Pennon Group Plc
    PNN LN
    19,962
    237,7210.23
    Apache Corp
    APA US
    4,749
    236,8330.22
    Cnooc Ltd
    883 HK
    201,279
    235,4670.22
    Nippon Suisan Kaisha Ltd
    1332 JP
    43,414
    231,7380.22
    Anglogold Ashanti Ltd
    AU US
    19,334
    229,1080.22
    Coway Co Ltd
    021240 KS
    2,535
    227,8750.22
    Norsk Hydro Asa
    NHY NO
    40,021
    227,4850.22
    Woodside Petroleum Ltd
    WPL AU
    9,061
    225,2710.21
    Devon Energy Corp
    DVN US
    6,036
    224,1170.21
    Surgutneftegas Ojsc
    SGGD LI
    44,683
    216,8700.21
    Boliden Ab
    BOL SS
    7,615
    214,6690.20
    Sumitomo Metal Mining Co Ltd
    5713 JP
    16,823
    207,0500.20
    Sasol Ltd
    SOL SJ
    6,348
    199,9730.19
    Stora Enso Oyj
    STERV FH
    15,250
    194,2310.18
    Fortescue Metals Group Ltd
    FMG AU
    49,891
    187,0720.18
    Centrica Plc
    CNA LN
    68,655
    183,1620.17
    Technipfmc Plc
    FTI US
    5,833
    182,5730.17
    Petrochina Co Ltd
    857 HK
    264,740
    180,7230.17
    First Quantum Minerals Ltd
    FM CN
    20,204
    178,1110.17
    Smurfit Kappa Group Plc
    SKG LN
    6,340
    175,2600.17
    Pilgrim's Pride Corp
    PPC US
    7,244
    172,6250.16
    Petroleo Brasileiro Sa
    PBR US
    18,616
    169,0330.16
    Hess Corp
    HES US
    3,365
    166,7360.16
    Voestalpine Ag
    VOE AV
    3,641
    166,0030.16
    Adecoagro Sa
    AGRO US
    14,682
    165,4660.16
    Noble Energy Inc
    NBL US
    5,384
    163,9430.16
    National Oilwell Varco Inc
    NOV US
    4,737
    163,2370.16
    Phosagro Pjsc
    PHOR LI
    11,331
    161,3720.15
    Seaboard Corp
    SEB US
    40
    156,8000.15
    Reliance Steel & Aluminum Co
    RS US
    2,135
    156,3890.15
    Marathon Oil Corp
    MRO US
    10,596
    153,9600.15
    Ternium Sa
    TX US
    5,875
    153,8080.15
    Royal Gold Inc
    RGLD US
    1,914
    152,5460.14
    Cheniere Energy Inc
    LNG US
    2,975
    150,6540.14
    Cia De Saneamento Basico Do Estado De S
    SBS US
    16,483
    147,1930.14
    First Solar Inc
    FSLR US
    3,764
    146,4200.14
    Bluescope Steel Ltd
    BSL AU
    16,819
    144,6520.14
    Polymetal International Plc
    POLY LN
    10,796
    144,2750.14
    Alcoa Corp
    AA US
    4,288
    143,6910.14
    Korea Zinc Co Ltd
    010130 KS
    371
    142,6980.14
    Kurita Water Industries Ltd
    6370 JP
    5,365
    142,3680.14
    China Agri-Industries Holdings Ltd
    606 HK
    306,114
    141,2990.13
    Industrias Penoles Sab De Cv
    PE&OLES* MM
    6,027
    140,0260.13
    Ds Smith Plc
    SMDS LN
    25,359
    140,0150.13
    Oneok Inc
    OKE US
    2,636
    139,1280.13
    Gold Fields Ltd
    GFI US
    35,417
    137,4180.13
    Jxtg Holdings Inc
    5020 JP
    31,200
    137,4040.13
    Tahoe Resources Inc
    TAHO US
    14,750
    135,7000.13
    Cabot Oil & Gas Corp
    COG US
    5,943
    135,6190.13
    Turquoise Hill Resources Ltd
    TRQ CN
    46,713
    135,5310.13
    Cimarex Energy Co
    XEC US
    1,190
    135,1360.13
    Encana Corp
    ECA US
    12,168
    133,3610.13
    Tatneft Pjsc
    ATAD LI
    3,179
    133,2040.13
    Sk Holdings Co Ltd
    034730 KS
    547
    131,4710.12
    Origin Energy Ltd
    ORG AU
    21,950
    129,1930.12
    Hyundai Steel Co
    004020 KS
    2,494
    128,9650.12
    Andersons Inc/The
    ANDE US
    3,643
    127,5050.12
    Inpex Corp
    1605 JP
    13,500
    127,2160.12
    Oji Holdings Corp
    3861 JP
    24,776
    126,0250.12
    Yamana Gold Inc
    AUY US
    44,901
    125,7230.12
    Lindsay Corp
    LNN US
    1,479
    125,3160.12
    Ptt Pcl
    PTT-R TB
    10,800
    123,9370.12
    Eqt Corp
    EQT US
    2,168
    122,6870.12
    Tesoro Corp
    TSO US
    1,463
    121,5610.12
    Sibanye Gold Ltd
    SGL SJ
    83,448
    120,3200.11
    Targa Resources Corp
    TRGP US
    2,425
    120,2320.11
    Antofagasta Plc
    ANTO LN
    11,268
    119,1760.11
    Pan American Silver Corp
    PAAS US
    6,812
    118,3240.11
    Kghm Polska Miedz Sa
    KGH PW
    3,986
    117,8040.11
    Mitsubishi Materials Corp
    5711 JP
    4,100
    116,9160.11
    Eldorado Gold Corp
    EGO US
    33,948
    116,7810.11
    Sk Innovation Co Ltd
    096770 KS
    771
    116,7790.11
    Cree Inc
    CREE US
    4,698
    114,2550.11
    B2gold Corp
    BTO CN
    45,711
    113,2400.11
    Graphic Packaging Holding Co
    GPK US
    8,357
    112,2350.11
    Diamondback Energy Inc
    FANG US
    1,128
    112,0890.11
    Cameco Corp
    CCJ US
    11,599
    111,6980.11
    Hecla Mining Co
    HL US
    18,726
    111,6070.11
    Detour Gold Corp
    DGC CN
    8,271
    109,7100.10
    Polski Koncern Naftowy Orlen Sa
    PKN PW
    3,852
    109,1030.10
    Itron Inc
    ITRI US
    1,608
    107,8970.10
    Genting Plantations Bhd
    GENP MK
    39,551
    106,6540.10
    Cia De Minas Buenaventura Saa
    BVN US
    8,749
    105,5130.10
    China Shenhua Energy Co Ltd
    1088 HK
    42,291
    105,0960.10
    United States Steel Corp
    X US
    5,108
    104,9690.10
    Fosun International Ltd
    656 HK
    70,600
    104,8890.10
    Evolution Mining Ltd
    EVN AU
    57,295
    104,8010.10
    Novatek Pjsc
    NVTK LI
    835
    102,1380.10
    Kobe Steel Ltd
    5406 JP
    10,800
    101,4330.10
    Alumina Ltd
    AWC AU
    69,209
    101,1310.10
    Bega Cheese Ltd
    BGA AU
    21,193
    100,4060.10
    Impala Platinum Holdings Ltd
    IMP SJ
    30,981
    99,4390.09
    Ormat Technologies Inc
    ORA US
    1,701
    98,8790.09
    Omv Ag
    OMV AV
    1,760
    97,1640.09
    Iamgold Corp
    IMG CN
    21,851
    95,4210.09
    Sappi Ltd
    SAP SJ
    12,469
    95,1640.09
    Tenaris Sa
    TS US
    2,953
    93,7580.09
    Imperial Oil Ltd
    IMO US
    3,180
    91,9970.09
    Lundin Mining Corp
    LUN CN
    15,749
    91,5040.09
    Alamos Gold Inc
    AGI CN
    14,150
    90,5300.09
    Zijin Mining Group Co Ltd
    2899 HK
    271,561
    89,1270.08
    Louisiana-Pacific Corp
    LPX US
    3,864
    87,9450.08
    Cresud Sacif Y A
    CRESY US
    4,213
    87,4620.08
    Southern Copper Corp
    SCCO US
    2,492
    86,7470.08
    Formosa Petrochemical Corp
    6505 TT
    23,920
    84,2450.08
    Iluka Resources Ltd
    ILU AU
    12,265
    84,2220.08
    Newfield Exploration Co
    NFX US
    2,488
    83,8700.08
    Galp Energia Sgps Sa
    GALP PL
    5,305
    83,8420.08
    Coeur Mining Inc
    CDE US
    8,578
    82,6060.08
    Oil Search Ltd
    OSH AU
    14,664
    81,7230.08
    West Fraser Timber Co Ltd
    WFT CN
    1,838
    81,1390.08
    Caltex Australia Ltd
    CTX AU
    3,262
    80,1510.08
    American States Water Co
    AWR US
    1,765
    79,7430.08
    California Water Service Group
    CWT US
    2,314
    79,3700.08
    Cimic Group Ltd
    CIM AU
    2,566
    78,7470.07
    Rosneft Oil Co Pjsc
    ROSN LI
    14,581
    78,2130.07
    Hitachi Metals Ltd
    5486 JP
    5,917
    77,7940.07
    Helmerich & Payne Inc
    HP US
    1,357
    76,0060.07
    Gerdau Sa
    GGB US
    26,198
    75,9740.07
    Outokumpu Oyj
    OUT1V FH
    9,014
    75,4060.07
    Aurubis Ag
    NDA GR
    989
    75,3850.07
    Billerudkorsnas Ab
    BILL SS
    4,739
    74,3500.07
    Sumitomo Forestry Co Ltd
    1911 JP
    4,583
    73,5160.07
    Eregli Demir Ve Celik Fabrikalari Tas
    EREGL TI
    40,005
    72,8290.07
    Northam Platinum Ltd
    NHM SJ
    21,252
    72,6910.07
    Centerra Gold Inc
    CG CN
    12,003
    70,6320.07
    Severstal Pjsc
    SVST LI
    5,156
    69,4980.07
    First Majestic Silver Corp
    AG US
    7,775
    69,1200.07
    Neste Oyj
    NESTE FH
    1,603
    67,1210.06
    Anglo American Platinum Ltd
    AMS SJ
    2,810
    67,0260.06
    Crescent Point Energy Corp
    CPG CN
    6,805
    65,9640.06
    Weatherford International Plc
    WFT US
    12,300
    65,4360.06
    Tourmaline Oil Corp
    TOU CN
    3,096
    65,4350.06
    Empresas Cmpc Sa
    CMPC CI
    27,277
    65,3820.06
    Fibria Celulose Sa
    FIBR3 BZ
    6,050
    64,6420.06
    Daido Steel Co Ltd
    5471 JP
    11,900
    64,3420.06
    Pretium Resources Inc
    PVG CN
    7,101
    64,2380.06
    Acerinox Sa
    ACX SM
    4,692
    63,8960.06
    Commercial Metals Co
    CMC US
    3,387
    63,4390.06
    Santos Ltd
    STO AU
    23,330
    62,1120.06
    Domtar Corp
    UFS US
    1,676
    61,1400.06
    Arc Resources Ltd
    ARX CN
    4,422
    60,3000.06
    Core Laboratories Nv
    CLB US
    552
    59,0920.06
    Hollyfrontier Corp
    HFC US
    2,218
    58,0010.06
    Astra Agro Lestari Tbk Pt
    AALI IJ
    52,876
    57,8130.05
    Dowa Holdings Co Ltd
    5714 JP
    8,100
    56,9920.05
    Range Resources Corp
    RRC US
    2,353
    56,8010.05
    Worthington Industries Inc
    WOR US
    1,287
    55,9720.05
    Nippon Paper Industries Co Ltd
    3863 JP
    2,800
    54,9740.05
    Ak Steel Holding Corp
    AKS US
    9,208
    53,8670.05
    Murphy Oil Corp
    MUR US
    2,027
    53,1880.05
    Novolipetsk Steel Pjsc
    NLMK LI
    2,810
    53,0100.05
    Ssab Ab
    SSABB SS
    15,312
    52,9730.05
    Nine Dragons Paper Holdings Ltd
    2689 HK
    45,157
    52,4470.05
    Ypf Sa
    YPF US
    2,115
    51,5210.05
    Allegheny Technologies Inc
    ATI US
    3,187
    51,4700.05
    Jiangxi Copper Co Ltd
    358 HK
    34,600
    51,2860.05
    Transocean Ltd
    RIG US
    4,873
    50,8740.05
    Salzgitter Ag
    SZG GR
    1,304
    50,5130.05
    Carpenter Technology Corp
    CRS US
    1,370
    50,0740.05
    Lundin Petroleum Ab
    LUPE SS
    2,469
    49,4060.05
    Cliffs Natural Resources Inc
    CLF US
    7,683
    49,1710.05
    Ros Agro Plc
    AGRO LI
    4,176
    49,0680.05
    S-Oil Corp
    010950 KS
    518
    47,9560.05
    Ptt Exploration & Production Pcl
    PTTEP-R TB
    17,400
    47,7750.05
    Norway Royal Salmon Asa
    NRS NO
    2,481
    47,3460.04
    Kaz Minerals Plc
    KAZ LN
    7,331
    46,7000.04
    Husky Energy Inc
    HSE CN
    3,773
    46,1450.04
    Holmen Ab
    HOLMB SS
    1,031
    45,7020.04
    Continental Resources Inc/Ok
    CLR US
    1,077
    45,0510.04
    Nordex Se
    NDX1 GR
    2,993
    43,9330.04
    Perusahaan Perkebunan London Sumatra In
    LSIP IJ
    385,900
    43,2470.04
    Southwestern Energy Co
    SWN US
    6,228
    42,1010.04
    Aluminum Corp Of China Ltd
    2600 HK
    91,700
    41,9110.04
    Tupras Turkiye Petrol Rafinerileri As
    TUPRS TI
    1,534
    41,5660.04
    Cia Siderurgica Nacional Sa
    SID US
    19,888
    41,5660.04
    Aguas Andinas Sa
    AGUAS/A CI
    69,629
    39,0490.04
    Huaneng Power International Inc
    902 HK
    52,000
    38,7920.04
    Kunlun Energy Co Ltd
    135 HK
    42,700
    38,7030.04
    Samyang Corp
    145990 KS
    454
    37,9440.04
    Rengo Co Ltd
    3941 JP
    6,570
    37,2820.04
    Verbund Ag
    VER AV
    1,970
    37,1060.04
    Mol Hungarian Oil & Gas Plc
    MOL HB
    461
    36,6950.03
    Polskie Gornictwo Naftowe I Gazownictwo
    PGN PW
    21,681
    36,3600.03
    China Molybdenum Co Ltd
    3993 HK
    107,500
    35,2480.03
    Daio Paper Corp
    3880 JP
    2,800
    34,6730.03
    Yamato Kogyo Co Ltd
    5444 JP
    1,400
    34,1970.03
    Zhaojin Mining Industry Co Ltd
    1818 HK
    39,100
    33,1310.03
    Hokuetsu Kishu Paper Co Ltd
    3865 JP
    4,200
    32,6680.03
    Lee & Man Paper Manufacturing Ltd
    2314 HK
    38,100
    32,0660.03
    Saipem Spa
    SPM IM
    7,207
    31,6610.03
    China Gas Holdings Ltd
    384 HK
    21,200
    31,5910.03
    Schweitzer-Mauduit International Inc
    SWM US
    822
    30,9810.03
    Jastrzebska Spolka Weglowa Sa
    JSW PW
    1,548
    30,8400.03
    Navigator Co Sa/The
    NVG PL
    5,956
    26,6550.03
    Sunpower Corp
    SPWR US
    2,804
    23,1890.02
    Angang Steel Co Ltd
    347 HK
    31,000
    21,1580.02
    Vedanta Resources Plc
    VED LN
    2,599
    20,9190.02
    China Oilfield Services Ltd
    2883 HK
    22,700
    20,6920.02
    Mmg Ltd
    1208 HK
    62,000
    20,5610.02
    Evraz Plc
    EVR LN
    7,904
    19,7910.02
    Kumba Iron Ore Ltd
    KIO SJ
    1,604
    19,7260.02
    Inversiones Aguas Metropolitanas Sa
    IAM CI
    12,463
    19,6780.02
    Maanshan Iron & Steel Co Ltd
    323 HK
    49,800
    18,2480.02
    Yanzhou Coal Mining Co Ltd
    1171 HK
    22,700
    17,1640.02
    Assore Ltd
    ASR SJ
    1,023
    16,1960.02
    Canfor Corp
    CFP CN
    1,031
    14,6420.01
    Dongfang Electric Corp Ltd
    1072 HK
    16,600
    14,1870.01
    Petronas Dagangan Bhd
    PETD MK
    2,300
    13,0710.01
    China Coal Energy Co Ltd
    1898 HK
    25,800
    11,4790.01
    Vale Indonesia Tbk Pt
    INCO IJ
    61,000
    8,5970.01
    Pescanova Sa
    PVA SM
    1,409
    3230.00
    Other/Cash
    --
    --
    -405,101-0.38
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.