VanEck Natural Resources ETF (HAP) belongs to the Energy Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HAP. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HAP
HAP charges 0.42% annually. There are 20 ETFs in the Energy Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Energy Select Sector SPDR ETF | 0.08% | 36.33B | Dec 1998 | HAP vs XLE | |
| Fidelity MSCI Energy Index ETF | 0.08% | 1.75B | Oct 2013 | HAP vs FENY | |
| Vanguard Energy ETF | 0.09% | 11.80B | Sep 2004 | HAP vs VDE | |
| Portfolio Building Block Integrated Oil & Gas and ... | 0.13% | 408.55M | Nov 2025 | HAP vs PBOG | |
| Global X PureCap MSCI Energy ETF | 0.15% | — | Jul 2025 | HAP vs GXPE |
Best Risk-Adjusted Alternatives to HAP
HAP has a PortfoliosLab risk / return rank of 79. There are 9 ETFs in the Energy Equities category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| FT Energy Income Partners Strategy ETF | 91 | 540.66M | Nov 2022 | HAP vs EIPX | |
| Amplify Samsung U.S. Natural Gas Infrastructure ET... | 90 | 7.18M | May 2025 | HAP vs USNG | |
| VanEck Oil Refiners ETF | 89 | 164.75M | Aug 2015 | HAP vs CRAK | |
| Bastion Energy ETF | 87 | — | Jun 2025 | HAP vs BESF | |
| Invesco SteelPath MLP & Energy Infrastructure ETF | 85 | 64.82M | Feb 2025 | HAP vs PIPE |
Top Performing HAP Alternatives (YTD)
HAP is at 15.21% YTD. There are 50 ETFs in the Energy Equities category with higher YTD returns, going as high as 41.45%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| WEBs Energy XLE Defined Volatility ETF | 41.45% | — | Jul 2025 | HAP vs DVXE | |
| Invesco Dynamic Oil & Gas Services ETF | 41.36% | 65.49M | Oct 2005 | HAP vs PXJ | |
| VistaShares Electrification Supercycle ETF | 38.93% | 64.26M | Oct 2025 | HAP vs POW | |
| SPDR S&P Oil & Gas Equipment & Services ETF | 38.81% | 382.22M | Jun 2006 | HAP vs XES | |
| VanEck Oil Refiners ETF | 38.54% | 164.75M | Aug 2015 | HAP vs CRAK |
Lowest Volatility Alternatives to HAP
HAP has 15.66% 1-year volatility. There are 16 ETFs in the Energy Equities category with lower 1-year volatility, going as low as 0.62%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| TrueShares Eagle Global Next Gen Power Infrastruct... | 0.62% | 5.89M | Dec 2022 | HAP vs PWRZ | |
| Macquarie Global Listed Infrastructure ETF | 11.00% | 6.30M | Nov 2023 | HAP vs BILD | |
| FT Energy Income Partners Strategy ETF | 11.46% | 540.66M | Nov 2022 | HAP vs EIPX | |
| Bny Mellon Global Infrastructure Income ETF | 11.71% | 1.14B | Nov 2022 | HAP vs BKGI | |
| Westwood Salient Enhanced Midstream Income ETF | 12.80% | 152.76M | Apr 2024 | HAP vs MDST |
Lowest Drawdown Alternatives to HAP
HAP has a 1-year max drawdown of -9.09%. There are 12 ETFs in the Energy Equities category with shallower 1-year drawdowns, going as shallow as -5.17%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Energy Income Partners Strategy ETF | -5.17% | 540.66M | Nov 2022 | HAP vs EIPX | |
| Macquarie Global Listed Infrastructure ETF | -6.05% | 6.30M | Nov 2023 | HAP vs BILD | |
| Bny Mellon Global Infrastructure Income ETF | -6.16% | 1.14B | Nov 2022 | HAP vs BKGI | |
| Westwood Salient Enhanced Midstream Income ETF | -6.74% | 152.76M | Apr 2024 | HAP vs MDST | |
| Amplify Samsung U.S. Natural Gas Infrastructure ET... | -6.82% | 7.18M | May 2025 | HAP vs USNG |
Other ETFs from VanEck
The 10 most viewed VanEck ETFs shown here include SMH, GDX, NLR and span 12 categories. AUM among these funds goes as high as $74B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| VanEck Semiconductor ETF | Semiconductors, Technology Equities | 92 | 62.61% | 73.62B | Dec 2011 | HAP vs SMH | |
| VanEck Gold Miners ETF | Gold, Precious Metals | 28 | -14.46% | 23.05B | May 2006 | HAP vs GDX | |
| VanEck Uranium and Nuclear ETF | Uranium, Alternative Energy Equities | 11 | -11.85% | 4.13B | Aug 2007 | HAP vs NLR | |
| VanEck Junior Gold Miners ETF | Gold, Precious Metals | 27 | -16.15% | 7.11B | Nov 2009 | HAP vs GDXJ | |
| VanEck Morningstar Wide Moat ETF | Large Cap Blend Equities | 27 | 2.73% | 11.77B | Apr 2012 | HAP vs MOAT | |
| VanEck Fabless Semiconductor ETF | Semiconductors, Technology Equities | 82 | 54.35% | 286.70M | Aug 2024 | HAP vs SMHX | |
| VanEck Rare Earth and Strategic Metals ETF | Rare Earth & Strategic Metals | 49 | 3.18% | 2.40B | Oct 2010 | HAP vs REMX | |
| VanEck BDC Income ETF | Financials Equities | 3 | -6.86% | 1.60B | Feb 2013 | HAP vs BIZD | |
| VanEck Bitcoin Trust | Cryptocurrency | 1 | -28.87% | 1.05B | Jan 2024 | HAP vs HODL | |
| VanEck IG Floating Rate ETF | Corporate Bonds, Ultrashort Bond | 99 | 2.54% | 2.89B | Apr 2011 | HAP vs FLTR |
Often Compared With HAP
Investors most often compare HAP with GUNR, NANR, URA. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.
Compare HAP with Any Fund or Stock
Compare HAP with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HAP with funds that move differently
VanEck Natural Resources ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HAP.
Explore HAP Diversifiers