HAP vs. DHS
Compare and contrast key facts about VanEck Vectors Natural Resources ETF (HAP) and WisdomTree US High Dividend Fund (DHS).
HAP and DHS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HAP is a passively managed fund by VanEck that tracks the performance of the Van Eck Hard Assets Producers Index. It was launched on Aug 29, 2008. DHS is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree U.S. High Dividend Index. It was launched on Jun 16, 2006. Both HAP and DHS are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HAP or DHS.
Key characteristics
| HAP | DHS | |
|---|---|---|
| YTD Return | 0.74% | 22.24% |
| 1Y Return | 7.67% | 34.32% |
| 3Y Return (Ann) | 3.31% | 10.93% |
| 5Y Return (Ann) | 9.32% | 9.42% |
| 10Y Return (Ann) | 5.89% | 8.67% |
| Sharpe Ratio | 0.58 | 2.71 |
| Sortino Ratio | 0.86 | 3.83 |
| Omega Ratio | 1.11 | 1.48 |
| Calmar Ratio | 0.55 | 2.73 |
| Martin Ratio | 1.97 | 17.79 |
| Ulcer Index | 4.07% | 1.91% |
| Daily Std Dev | 13.96% | 12.52% |
| Max Drawdown | -50.73% | -67.25% |
| Current Drawdown | -7.96% | -0.77% |
Correlation
The correlation between HAP and DHS is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
HAP vs. DHS - Performance Comparison
In the year-to-date period, HAP achieves a 0.74% return, which is significantly lower than DHS's 22.24% return. Over the past 10 years, HAP has underperformed DHS with an annualized return of 5.89%, while DHS has yielded a comparatively higher 8.67% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HAP vs. DHS - Expense Ratio Comparison
HAP has a 0.50% expense ratio, which is higher than DHS's 0.38% expense ratio.
Risk-Adjusted Performance
HAP vs. DHS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Natural Resources ETF (HAP) and WisdomTree US High Dividend Fund (DHS). 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.
Dividends
HAP vs. DHS - Dividend Comparison
HAP's dividend yield for the trailing twelve months is around 3.25%, less than DHS's 3.54% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HAP VanEck Vectors Natural Resources ETF | 3.25% | 3.27% | 3.28% | 2.16% | 2.45% | 2.69% | 2.85% | 2.02% | 1.99% | 3.00% | 2.51% | 2.22% |
DHS WisdomTree US High Dividend Fund | 3.54% | 4.31% | 3.42% | 3.29% | 4.14% | 3.69% | 3.75% | 3.00% | 3.25% | 3.53% | 2.91% | 3.19% |
Drawdowns
HAP vs. DHS - Drawdown Comparison
The maximum HAP drawdown since its inception was -50.73%, smaller than the maximum DHS drawdown of -67.25%. Use the drawdown chart below to compare losses from any high point for HAP and DHS. For additional features, visit the drawdowns tool.
Volatility
HAP vs. DHS - Volatility Comparison
The current volatility for VanEck Vectors Natural Resources ETF (HAP) is 3.89%, while WisdomTree US High Dividend Fund (DHS) has a volatility of 4.18%. This indicates that HAP experiences smaller price fluctuations and is considered to be less risky than DHS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.