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VanEck Natural Resources ETF

HAP
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 29 2008
Expense Ratio
0.50%
Type
Global Equities
Fund Owner
Van Eck Associates Corporation
Volume (1m avg. daily)
$275,704
AUM
$136,097,500
Associated Index
VanEck Natural Resources Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

XOM
Exxon Mobil Corp.
6.30%
DE
Deere & Co.
4.47%
CVX
Chevron Corp.
4.35%
SHEL
Shell Plc
2.84%
RIGD.LON.GBP
Reliance Industries Limited Sponsored GDR 144A
2.63%
BHP
BHP Group Limited
2.48%
BAYN
Bayer AG - Registered Shares
2.14%
TTE
TotalEnergies SE
2.12%
COP
Conoco Phillips
1.95%
ADM
Archer Daniels Midland Co.
1.76%
Invest with HAP

What is HAP?

HAP seeks to replicate as closely as possible before fees and expenses the price and yield performance of the VanEck Natural Resources Index a rules-based index which gives investors a means of tracking the performance of a global universe of listed companies engaged in the production and distribution of hard assets and related products and services.

ETFs related toHAP

ETFs correlated to HAP include GNR, GUNR, RLY

HAP
VanEck ETF Trust - VanEck Natural Resources ETF
GNR
SSgA Active Trust - SPDR S&P Global Natural Resources ETF
GUNR
FlexShares Trust - FlexShares Global Upstream Natural Resources Index Fund
RLY
SSgA Active Trust - SPDR SSgA Multi-Asset Real Return ETF
INFL
Listed Funds Trust - Horizon Kinetics Inflation Beneficiaries ETF
IGE
BlackRock Institutional Trust Company N.A. - iShares North American Natural Resources ETF
ICOW
Pacer Funds Trust - Pacer Developed Markets International Cash Cows 100 ETF
COWZ
Pacer Funds Trust - Pacer US Cash Cows 100 ETF
FYLD
Cambria Investment Management LP - Cambria Foreign Shareholder Yield ETF
MOO
VanEck ETF Trust - VanEck Agribusiness ETF
GCOW
Pacer Funds Trust - Pacer Global Cash Cows Dividend ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toHAP

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with HAP using Composer

FAQ

HAP is a Global Equities ETF. HAP seeks to replicate as closely as possible before fees and expenses the price and yield performance of the VanEck Natural Resources Index a rules-based index which gives investors a means of tracking the performance of a global universe of listed companies engaged in the production and distribution of hard assets and related products and services.

HAP tracks the VanEck Natural Resources Index.

No, HAP is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, HAP is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on HAP is 0.019%. This is the percent change in the value of HAP over the most recent 1-month period. The 3-month return on HAP is 0.0427%. This is the percent change in the value of HAP over the most recent 3-month period.

The standard deviation of HAP for the past year is 0.2021%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to HAP include PBW, IGF, and ARKK.

ETFs correlated to HAP include GNR, GUNR, and RLY.

ETFs that are inversely correlated to HAP include DUG, OILD, and ERY.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.