VanEck Global Resources Fund (GHAAX)
Under normal conditions, the fund invests at least 80% of its net assets in securities of "global resource" companies and instruments that derive their value from "global resources". Global resources include precious metals (including gold), base and industrial metals, energy, natural resources and other commodities. A global resource company is a company that derives, directly or indirectly, at least 50% of its revenues from exploration, development, production, distribution or facilitation of processes relating to global resources.
Fund Info
US9210757509
921075750
Nov 1, 1994
$1,000
Mid-Cap
Value
Expense Ratio
GHAAX has a high expense ratio of 1.38%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in VanEck Global Resources Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
VanEck Global Resources Fund (GHAAX) returned 4.09% year-to-date (YTD) and -5.03% over the past 12 months. Over the past 10 years, GHAAX returned 0.05% annually, underperforming the S&P 500 benchmark at 10.31%.
GHAAX
4.09%
9.69%
-5.08%
-5.03%
13.89%
0.05%
^GSPC (Benchmark)
-4.26%
11.24%
-5.02%
8.55%
14.02%
10.31%
Monthly Returns
The table below presents the monthly returns of GHAAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 4.01% | -0.42% | 3.76% | -3.12% | -0.03% | 4.09% | |||||||
| 2024 | -7.55% | 1.45% | 9.42% | 1.26% | 4.72% | -4.20% | 2.38% | -1.26% | 0.17% | -1.91% | 2.02% | -8.34% | -3.15% |
| 2023 | 5.85% | -7.38% | -1.16% | -1.18% | -8.44% | 7.78% | 7.83% | -3.31% | -1.80% | -6.49% | 2.15% | 3.96% | -3.93% |
| 2022 | -0.97% | 11.10% | 10.57% | -7.80% | 7.32% | -17.78% | 7.42% | 2.42% | -9.25% | 12.41% | 5.07% | -7.66% | 7.79% |
| 2021 | 2.69% | 8.69% | -0.80% | 3.69% | 3.56% | 0.05% | -4.62% | -1.58% | -0.91% | 9.41% | -4.36% | 2.45% | 18.63% |
| 2020 | -9.44% | -8.52% | -27.59% | 23.72% | 3.99% | 3.61% | 12.47% | 8.34% | -1.27% | -1.61% | 13.62% | 10.36% | 18.68% |
| 2019 | 11.73% | -0.84% | 2.32% | 1.10% | -11.05% | 10.40% | -4.36% | -4.42% | -0.19% | -1.02% | -0.00% | 9.85% | 11.65% |
| 2018 | 2.04% | -6.88% | -0.55% | 5.62% | 0.36% | -1.24% | -1.25% | -7.55% | 2.68% | -10.30% | -5.96% | -9.68% | -29.35% |
| 2017 | 3.77% | -5.78% | -1.30% | -5.34% | -4.99% | -3.66% | 6.26% | -3.72% | 5.93% | -1.95% | 1.56% | 9.17% | -1.49% |
| 2016 | -3.69% | 3.26% | 11.79% | 15.12% | -3.76% | 4.41% | 2.90% | 0.26% | 4.30% | -3.25% | 10.96% | -3.63% | 43.17% |
| 2015 | -3.73% | 6.84% | -1.97% | 8.88% | -5.58% | -5.23% | -12.77% | -5.79% | -11.44% | 10.07% | -4.31% | -11.56% | -33.41% |
| 2014 | -4.80% | 7.50% | -0.63% | 4.44% | 0.23% | 6.42% | -2.89% | 2.33% | -10.02% | -8.95% | -9.60% | -3.35% | -19.41% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GHAAX is 12, meaning it’s performing worse than 88% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for VanEck Global Resources Fund (GHAAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
VanEck Global Resources Fund provided a 2.84% dividend yield over the last twelve months, with an annual payout of $1.08 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.08 | $1.08 | $0.90 | $1.04 | $0.53 | $0.18 | $0.25 | $0.00 | $0.00 | $0.01 | $0.13 | $0.04 |
Dividend yield | 2.84% | 2.95% | 2.33% | 2.53% | 1.35% | 0.53% | 0.89% | 0.00% | 0.00% | 0.03% | 0.51% | 0.11% |
Monthly Dividends
The table displays the monthly dividend distributions for VanEck Global Resources Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.08 | $1.08 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.90 | $0.90 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.04 | $1.04 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.53 | $0.53 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.25 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.13 |
| 2014 | $0.04 | $0.04 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the VanEck Global Resources Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the VanEck Global Resources Fund was 75.12%, occurring on Mar 18, 2020. The portfolio has not yet recovered.
The current VanEck Global Resources Fund drawdown is 28.21%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -75.12% | Jul 2, 2008 | 2946 | Mar 18, 2020 | — | — | — |
| -49.32% | Oct 9, 1997 | 233 | Aug 31, 1998 | 1380 | Feb 17, 2004 | 1613 |
| -22.01% | Dec 31, 2007 | 15 | Jan 22, 2008 | 62 | Apr 21, 2008 | 77 |
| -21.62% | May 11, 2006 | 23 | Jun 13, 2006 | 207 | Apr 12, 2007 | 230 |
| -15.8% | Jul 20, 2007 | 20 | Aug 16, 2007 | 23 | Sep 19, 2007 | 43 |
Volatility
Volatility Chart
The current VanEck Global Resources Fund volatility is 9.54%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.