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HAP
VanEck 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 08/16/22

  • 30-Day SEC Yield1

    2.93%
  • Total Net Assets

    $139.3M
  • 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

Morningstar™ Ratings3
as of 07/31/2022

Category Overall 3 Year 5 Year
Natural Resources
3 stars of 106 funds
3 stars of 106 funds
4 stars of 99 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

  • 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

    2,850,000
  • Estimated Cash

    HAPEU
  • Total Cash

    HAPTC
  • CUSIP

    92189F841
  • ISIN

    US92189F8418
Source: Bloomberg

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

  • 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
  • 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 08/16/22

NAV/
Market
Price
Volume
30-Day Avg./
Last Trading Day
Daily Change
NAV/
Last Price
YTD Change NAV/
Last Price
Premium/
Discount
30-Day
Median
Bid Ask
Spread
NAV
Chart
HAP $48.87
$48.85
25,774
6,747
$0.29 / +0.59%
$0.33 / +0.68%
+3.02%
+3.54%
$-0.02
-0.04%
0.16%

Premium/Discount History as of 08/16/22

Calendar Year 2021 3Q 2021 4Q 2021 1Q 2022 2Q 2022 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 187 41 51 49 57
HAP Days closed at NAV 7 1 2 1 0
Days closed at a discount 58 22 11 12 5

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) 5.29 -7.72 0.74 6.73 12.54 9.47 5.99 3.40
HAP (Share Price) 5.35 -7.78 1.27 6.77 12.68 9.46 6.01 3.40
RVEIT (Index) 5.18 -8.20 0.62 6.68 12.32 9.54 6.06 3.55
Performance Differential (NAV - Index) 0.11 0.48 0.12 0.05 0.22 -0.07 -0.07 -0.15
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
08/29/08
HAP (NAV) -14.64 -17.10 -4.32 0.47 9.92 9.32 5.51 3.04
HAP (Share Price) -14.91 -17.39 -3.87 0.34 9.95 9.24 5.49 3.03
RVEIT (Index) -14.79 -17.26 -4.34 0.57 9.86 9.40 5.63 3.19
Performance Differential (NAV - Index) 0.15 0.16 0.02 -0.10 0.06 -0.08 -0.12 -0.15

Top 10 Holdings (%) as of 07/31/22 Daily Holdings

Total Holdings: 433
Swipe
to view
full data
Holding Name
Ticker
Shares
Market Value
(US$)
% of Net
Assets
Deere & Co
DE US
20,019
6,870,120 5.04
Exxon Mobil Corp
XOM US
66,282
6,424,714 4.72
Chevron Corp
CVX US
30,816
5,047,044 3.71
Bayer Ag
BAYN GR
70,452
4,099,832 3.01
Bhp Group Ltd
BHP AU
148,178
4,049,720 2.97
Nutrien Ltd
NTR US
39,623
3,394,106 2.49
Archer-Daniels-Midland Co
ADM US
39,931
3,305,089 2.43
Shell Plc
SHEL LN
117,820
3,140,682 2.31
Corteva Inc
CTVA US
52,118
2,999,391 2.20
Conocophillips
COP US
20,331
1,980,849 1.45
Top 10 Total (%) 30.33
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 07/31/22

  • Country

    % of Net Assets
  • United States

    48.73
  • Canada

    9.91
  • Australia

    8.11
  • United Kingdom

    4.97
  • Germany

    3.65
  • Brazil

    3.17
  • Japan

    2.81
  • South Africa

    1.89
  • China

    1.75
  • France

    1.67
  • Norway

    1.59
  • India

    1.16
  • Spain

    1.04
  • Chile

    0.86
  • Sweden

    0.86
  • Finland

    0.83
  • South Korea

    0.61
  • Mexico

    0.54
  • Malaysia

    0.48
  • Italy

    0.46
  • Other/Cash

    4.93

Sector Weightings (%) as of 07/31/22

  • Sector

    % of Net Assets
  • Materials

    34.4
  • Energy

    33.8
  • Industrials

    9.4
  • Consumer Staples

    8.9
  • Utilities

    7.3
  • Health Care

    3.5
  • Consumer Discretionary

    1.2
  • Real Estate

    0.8
  • Information Technology

    0.4
  • n/a

    0.1
  • Other/Cash

    0.2