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Launched · SEC filings

VanEck Natural Resources ETF

HAPNYSE ArcaVanEckA

$73.79−0.51 (−0.69%)

At close: Nov 2, 2026, 4:00 PM ET

A68/ 100

Rank 4 of 14 in Natural Resources

A68/100Rank 4 of 14inNatural Resources
Intraday session: down, 79 prints from 74.30 to 73.79. Range 73.78 to 74.64. Use the arrow keys to read each point.74.0074.2074.4074.6010 AM12 PM2 PM4 PM
Expense ratio
0.41%
Fund size
$326M
1Y total return
+32.5%
Yield · Last 12 months
1.84%
Holdings
130
Avg volume · 30D
27.9K sh
52W range
low $56.20high $79.33
Launched
Filings
SEC EDGAR

The ETF.net HAP Grade

Based on 5 of 6 pillars

A

Score 68 out of 100

Category
Natural Resources⁠
Rank
4 of 14
Six-pillar profile for HAP. Scores out of 100: Cost 68, Risk 74, Mission not scored, Tradability 64, Holdings 73, Durability 60. Strongest: Risk (74). Weakest: Durability (60). Based on 5 of 6 pillars.

Score 68 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25. The letter stays A for now. A new letter must hold for 3 published runs before it replaces it.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B68 out of 100
    Rank 5 of 14

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A74 out of 100
    Rank 2 of 14

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B64 out of 100
    Rank 6 of 14

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A73 out of 100
    Rank 5 of 14

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B60 out of 100
    Rank 6 of 14

Our read on HAP

ETF.net Research

In short

AMetals, energy and farm goods in one global basket. HAP has held hard-asset producers since 2008, spreading across roughly 150 companies worldwide rather than betting on one commodity or one continent.

Stated mandate

The fund seeks to track, before fees and expenses, the price and yield performance of the Market Vector Global Natural Resources Index, which covers global natural-resources companies involved in metals, energy sources, and agricultural products.

Why people hold it

  • Global by mandate, not North America only like IGE or NANR: it holds producers of metals, energy sources and agricultural products around the world.
  • Launched in 2008, so the fund has run through a full commodity boom and bust, not just the last good stretch.
  • About 150 holdings across three resource groups, so no single miner, driller or grain house runs the show.

Worth knowing

  • No price edge: the 0.41% fee lands exactly at the category median, and peers such as NANR (0.35%) and IGE (0.37%) charge less.
  • Thinly traded for its size, so spreads can run wider than in the category's busiest names.
  • Cash arrives once or twice a year, not quarterly or monthly.

HAP Performance

Launched Aug 29, 2008

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

HAP$13,252
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. HAP $13,252. SPY $11,199. Use the arrow keys to read each point.$10,000$12,000$14,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for HAP. Periods over one year show the average yearly return.
PeriodHAP
Year to date+23.5%
1 month+1.6%
3 months+4.6%
1 year+32.5%
3 yearsper year+19.7%
5 yearsper year+12.2%
10 yearsper year+11.9%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for HAP
YearReturn barHAP
2026 YTD+23.5%
2025+34.9%
2024−4.1%
2023+2.4%
2022+7.9%
2021+25.1%
2020+6.3%

HAP in the news

HAP Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
1.84%Last 12 months
Payout per share
$1.36Last 12 months
Last payment
$1.36 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2017–2026

One bar per payment. 9 payments from 2017 to 2026 YTD. Dec 18, 2017 $0.75; Dec 20, 2018 $0.92; Dec 23, 2019 $1.00; Dec 21, 2020 $0.94; Dec 20, 2021 $1.02; Dec 19, 2022 $1.61; Dec 18, 2023 $1.60; Dec 23, 2024 $1.21; Dec 22, 2025 $1.36. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Dec 22, 2025Dec 26, 2025$1.36
Dec 23, 2024Dec 24, 2024$1.21
Dec 18, 2023Dec 22, 2023$1.60
Dec 19, 2022Dec 23, 2022$1.61
Dec 20, 2021Dec 27, 2021$1.02
Dec 21, 2020Dec 28, 2020$0.94
Dec 23, 2019Dec 30, 2019$1.00
Dec 20, 2018Dec 27, 2018$0.92
Dec 18, 2017Dec 22, 2017$0.75
Dec 19, 2016Dec 23, 2016$0.64
Dec 21, 2015Dec 28, 2015$0.79
Dec 22, 2014Dec 29, 2014$0.85

See all 18 payments⁠

$10,000 in HAP 10 years ago paid $3,584 in dividends.⁠

HAP Risk

Risk pillarA74 out of 100Rank 2 of 14 in Natural Resources
How much the fund’s monthly returns vary, scaled to a year.
15.1%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.98
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−25.7%
Trough Sep 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.59
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

HAP Cost

Compare HAP and NANR

Overpaying vs NANR, cheapest in Natural Resources

$1,155

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • HAP 0.41%

    $8,281

  • NANR 0.35% Cheapest

    $7,126

$10,000
30 years

Cost over time

  • HAP 0.41%
  • NANR 0.35%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530HAP $8,281NANR $7,126

Year by year

YearHAPNANROverpaying
10$741$634$107
20$2,860$2,454$406
30$8,281$7,126$1,155

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