HAP
VanEck Natural Resources ETF
📎 Investment Objective
The VanEck Natural Resources ETF (HAP) seeks to provide investment results that closely correspond to the price and yield performance of the MVIS Global Natural Resources Index, which is intended to track the overall performance of companies involved in the production and distribution of commodities and commodity-related products and services.
Overview
ETF tracking VanEck Natural Resources ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The VanEck Natural Resources ETF (HAP) seeks to provide investment results that closely correspond to the price and yield performance of the MVIS Global Natural Resources Index, which is intended to track the overall performance of companies involved in the production and distribution of commodities and commodity-related products and services.
🎯 Investment Strategy
The ETF invests in a portfolio of companies that are principally engaged in the business of mining, extracting, producing, processing or distributing natural resources and related products. The fund uses a passive management approach to track the index, investing in the same securities and in approximately the same proportions as the index.
✨ Key Features
- Broad exposure to global natural resources companies across sectors such as energy, metals, and agriculture
- Diversified portfolio that aims to provide access to the performance of the natural resources industry
- Low expense ratio of 0.00%
- Passively managed to track the MVIS Global Natural Resources Index
⚠️ Primary Risks
- Commodity price risk: The fund's performance is tied to the prices of the underlying natural resources, which can be volatile
- Concentration risk: The fund is concentrated in the natural resources sector, which may be subject to greater market fluctuations
- Foreign investment risk: The fund invests in companies from around the world, which may be subject to political, economic, and currency risks
- Passive investment risk: As a passively managed fund, it may not outperform the index it tracks
👤 Best For
This ETF may be suitable for investors seeking broad exposure to the global natural resources sector as part of a diversified portfolio. It may be particularly appealing to investors with a long-term investment horizon who are comfortable with the inherent volatility of the natural resources industry.