Vaneck Natural Resources Etf Profile
| HAP Etf | USD 50.98 0.33 0.65% |
Performance3 of 100
| Odds Of DistressLess than 9
|
VanEck Natural is selling at 50.98 as of the 30th of November 2024; that is 0.65 percent increase since the beginning of the trading day. The etf's last reported lowest price was 50.95. VanEck Natural has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for VanEck Natural Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of its total assets in securities that comprise the funds benchmark index. Vaneck Natural is traded on NYSEARCA Exchange in the United States. More on VanEck Natural Resources
Moving together with VanEck Etf
| 0.66 | EV | Mast Global Battery | PairCorr |
| 0.86 | XLB | Materials Select Sector | PairCorr |
| 0.66 | VAW | Vanguard Materials Index | PairCorr |
| 0.82 | MOO | VanEck Agribusiness ETF | PairCorr |
Moving against VanEck Etf
VanEck Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Names | [VanEck Vectors Natural Resources UCITS ETF, Hadera Paper Ltd] |
| Business Concentration | VN Index, VN Small Cap, VN All Shares, Sector ETFs, Materials ETFs, Natural Resources, VanEck (View all Sectors) |
| Issuer | Van Eck |
| Inception Date | 2008-08-29 |
| Benchmark | VanEckNatural Resources Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 134.18 Million |
| Average Trading Valume | 4,953.2 |
| Asset Type | Equity |
| Category | Sector |
| Focus | Materials |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | Van Eck Associates Corporation |
| Advisor | Van Eck Associates Corporation |
| Custodian | State Street Bank and Trust Company |
| Distributor | Van Eck Securities Corporation |
| Portfolio Manager | Hao-Hung Peter Liao, Guo Hua Jason Jin |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Dec |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 138 |
| Market Maker | Jane Street |
| Total Expense | 0.43 |
| Management Fee | 0.4 |
| Country Name | USA |
| Returns Y T D | 4.44 |
| Name | VanEck Natural Resources ETF |
| Currency Code | USD |
| Open Figi | BBG000C0MB88 |
| In Threey Volatility | 19.53 |
| 1y Volatility | 12.47 |
| 200 Day M A | 50.6181 |
| 50 Day M A | 51.4194 |
| Code | HAP |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
VanEck Natural Resources [HAP] is traded in USA and was established 2008-08-29. The fund is classified under Natural Resources category within VanEck family. The entity is thematically classified as Sector ETFs. VanEck Natural Resources currently have 116.97 M in assets under management (AUM). , while the total return for the last 3 years was 6.5%.
Check VanEck Natural Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on VanEck Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding VanEck Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as VanEck Natural Resources Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
VanEck Natural Resources Currency Exposure
VanEck Natural Resources holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of VanEck Natural will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in VanEck Natural Resources.
Top VanEck Natural Resources Etf Constituents
| CF | CF Industries Holdings | Stock | Materials | |
| BG | Bunge Limited | Stock | Consumer Staples | |
| ADM | Archer Daniels Midland | Stock | Consumer Staples | |
| CTVA | Corteva | Stock | Materials | |
| CVX | Chevron Corp | Stock | Energy | |
| DE | Deere Company | Stock | Industrials | |
| FMC | FMC Corporation | Stock | Materials | |
| TSCO | Tractor Supply | Stock | Consumer Discretionary |
VanEck Natural Resources Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in VanEck Natural. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0057 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.13) |
VanEck Natural Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in VanEck Natural Resources. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of VanEck Natural Resources is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Natural's value that differs from its market value or its book value, called intrinsic value, which is VanEck Natural's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VanEck Natural's market value can be influenced by many factors that don't directly affect VanEck Natural's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VanEck Natural's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Natural is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Natural's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.