HAP vs. NANR
Compare and contrast key facts about VanEck Vectors Natural Resources ETF (HAP) and SPDR S&P North American Natural Resources ETF (NANR).
HAP and NANR 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. NANR is a passively managed fund by State Street that tracks the performance of the S&P BMI North American Natural Resources Index. It was launched on Dec 15, 2015. Both HAP and NANR 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 NANR.
Key characteristics
| HAP | NANR | |
|---|---|---|
| YTD Return | 2.85% | 12.32% |
| 1Y Return | 10.30% | 19.12% |
| 3Y Return (Ann) | 4.03% | 10.94% |
| 5Y Return (Ann) | 9.75% | 15.52% |
| Sharpe Ratio | 0.80 | 1.10 |
| Sortino Ratio | 1.14 | 1.56 |
| Omega Ratio | 1.14 | 1.20 |
| Calmar Ratio | 0.74 | 0.99 |
| Martin Ratio | 2.72 | 4.25 |
| Ulcer Index | 4.04% | 4.61% |
| Daily Std Dev | 13.83% | 17.86% |
| Max Drawdown | -50.73% | -49.15% |
| Current Drawdown | -6.03% | -2.40% |
Correlation
The correlation between HAP and NANR is 0.89, 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. NANR - Performance Comparison
In the year-to-date period, HAP achieves a 2.85% return, which is significantly lower than NANR's 12.32% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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HAP vs. NANR - Expense Ratio Comparison
HAP has a 0.50% expense ratio, which is higher than NANR's 0.35% expense ratio.
Risk-Adjusted Performance
HAP vs. NANR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Natural Resources ETF (HAP) and SPDR S&P North American Natural Resources ETF (NANR). 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. NANR - Dividend Comparison
HAP's dividend yield for the trailing twelve months is around 3.18%, more than NANR's 2.10% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HAP VanEck Vectors Natural Resources ETF | 3.18% | 3.27% | 3.28% | 2.16% | 2.45% | 2.69% | 2.85% | 2.02% | 1.99% | 3.00% | 2.51% | 2.22% |
NANR SPDR S&P North American Natural Resources ETF | 2.10% | 2.78% | 2.70% | 2.61% | 2.73% | 2.02% | 1.95% | 1.83% | 5.01% | 0.01% | 0.00% | 0.00% |
Drawdowns
HAP vs. NANR - Drawdown Comparison
The maximum HAP drawdown since its inception was -50.73%, roughly equal to the maximum NANR drawdown of -49.15%. Use the drawdown chart below to compare losses from any high point for HAP and NANR. For additional features, visit the drawdowns tool.
Volatility
HAP vs. NANR - Volatility Comparison
The current volatility for VanEck Vectors Natural Resources ETF (HAP) is 3.43%, while SPDR S&P North American Natural Resources ETF (NANR) has a volatility of 3.92%. This indicates that HAP experiences smaller price fluctuations and is considered to be less risky than NANR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.