COLO vs. HAP
Compare and contrast key facts about Global X MSCI Colombia ETF (COLO) and VanEck Natural Resources ETF (HAP).
COLO and HAP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. COLO is a passively managed fund by Global X that tracks the performance of the MSCI All Colombia Select 25/50 Index. It was launched on Feb 5, 2009. HAP is a passively managed fund by VanEck that tracks the performance of the MarketVector Global Natural Resources Index. It was launched on Aug 29, 2008. Both COLO and HAP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
COLO vs. HAP - Performance Comparison
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COLO vs. HAP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
COLO Global X MSCI Colombia ETF | 11.00% | 68.88% | 4.68% | 24.92% | -21.32% | -11.50% | -14.60% | 30.42% | -19.88% | 11.88% |
HAP VanEck Natural Resources ETF | 20.50% | 34.91% | -4.08% | 2.46% | 7.84% | 25.04% | 6.30% | 18.60% | -10.68% | 17.12% |
Returns By Period
In the year-to-date period, COLO achieves a 11.00% return, which is significantly lower than HAP's 20.50% return. Over the past 10 years, COLO has underperformed HAP with an annualized return of 5.52%, while HAP has yielded a comparatively higher 12.75% annualized return.
COLO
- 1D
- 1.70%
- 1M
- 1.64%
- YTD
- 11.00%
- 6M
- 26.51%
- 1Y
- 55.42%
- 3Y*
- 36.07%
- 5Y*
- 13.77%
- 10Y*
- 5.52%
HAP
- 1D
- 2.33%
- 1M
- -2.27%
- YTD
- 20.50%
- 6M
- 29.86%
- 1Y
- 48.82%
- 3Y*
- 16.84%
- 5Y*
- 12.99%
- 10Y*
- 12.75%
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COLO vs. HAP - Expense Ratio Comparison
COLO has a 0.62% expense ratio, which is higher than HAP's 0.42% expense ratio.
Return for Risk
COLO vs. HAP — Risk / Return Rank
COLO
HAP
COLO vs. HAP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X MSCI Colombia ETF (COLO) and VanEck Natural Resources ETF (HAP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| COLO | HAP | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.45 | 2.59 | -0.14 |
Sortino ratioReturn per unit of downside risk | 3.01 | 3.21 | -0.21 |
Omega ratioGain probability vs. loss probability | 1.43 | 1.51 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 3.55 | 3.60 | -0.05 |
Martin ratioReturn relative to average drawdown | 11.73 | 18.89 | -7.16 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| COLO | HAP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.45 | 2.59 | -0.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 0.71 | -0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.22 | 0.65 | -0.43 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.26 | -0.05 |
Correlation
The correlation between COLO and HAP is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
COLO vs. HAP - Dividend Comparison
COLO's dividend yield for the trailing twelve months is around 6.77%, more than HAP's 1.88% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COLO Global X MSCI Colombia ETF | 6.77% | 7.51% | 6.08% | 6.99% | 12.55% | 2.32% | 3.23% | 3.04% | 3.03% | 1.83% | 1.48% | 1.58% |
HAP VanEck Natural Resources ETF | 1.88% | 2.27% | 2.65% | 3.27% | 3.28% | 2.16% | 2.45% | 2.80% | 2.85% | 2.02% | 1.99% | 3.00% |
Drawdowns
COLO vs. HAP - Drawdown Comparison
The maximum COLO drawdown since its inception was -78.91%, which is greater than HAP's maximum drawdown of -50.73%. Use the drawdown chart below to compare losses from any high point for COLO and HAP.
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Drawdown Indicators
| COLO | HAP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.91% | -50.73% | -28.18% |
Max Drawdown (1Y)Largest decline over 1 year | -16.37% | -13.64% | -2.73% |
Max Drawdown (5Y)Largest decline over 5 years | -43.86% | -25.66% | -18.20% |
Max Drawdown (10Y)Largest decline over 10 years | -62.75% | -44.07% | -18.68% |
Current DrawdownCurrent decline from peak | -24.65% | -2.61% | -22.04% |
Average DrawdownAverage peak-to-trough decline | -40.47% | -12.13% | -28.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.96% | 2.60% | +2.36% |
Volatility
COLO vs. HAP - Volatility Comparison
Global X MSCI Colombia ETF (COLO) has a higher volatility of 6.77% compared to VanEck Natural Resources ETF (HAP) at 6.40%. This indicates that COLO's price experiences larger fluctuations and is considered to be riskier than HAP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| COLO | HAP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.77% | 6.40% | +0.37% |
Volatility (6M)Calculated over the trailing 6-month period | 16.84% | 12.48% | +4.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.82% | 18.94% | +3.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.98% | 18.30% | +4.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.34% | 19.81% | +5.53% |