HAP
VanEck Natural Resources ETF
HAP
VanEck Natural Resources ETF
-
NAV
$47.11
as of June 02, 2023 -
YTD RETURNS
-4.26%
as of June 02, 2023 -
Total Net Assets
$138.96M
as of June 02, 2023 -
Net Expense Ratio
0.50% -
Inception Date
08/29/2008
HAP Fees & Expenses: Van 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, 2024. “Other Expenses” have been restated to reflect current fees.
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.
Overview
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