HAP vs. QQQ
Compare and contrast key facts about VanEck Vectors Natural Resources ETF (HAP) and Invesco QQQ (QQQ).
HAP and QQQ 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. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both HAP and QQQ 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 QQQ.
Correlation
The correlation between HAP and QQQ 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. QQQ - Performance Comparison
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Key characteristics
HAP:
-0.20
QQQ:
0.45
HAP:
-0.06
QQQ:
0.81
HAP:
0.99
QQQ:
1.11
HAP:
-0.14
QQQ:
0.51
HAP:
-0.36
QQQ:
1.65
HAP:
6.56%
QQQ:
6.96%
HAP:
18.29%
QQQ:
25.14%
HAP:
-50.73%
QQQ:
-82.98%
HAP:
-5.12%
QQQ:
-9.42%
Returns By Period
In the year-to-date period, HAP achieves a 8.27% return, which is significantly higher than QQQ's -4.41% return. Over the past 10 years, HAP has underperformed QQQ with an annualized return of 6.02%, while QQQ has yielded a comparatively higher 17.24% annualized return.
HAP
8.27%
9.32%
-0.01%
-3.56%
15.10%
6.02%
QQQ
-4.41%
9.37%
-4.80%
11.06%
17.35%
17.24%
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HAP vs. QQQ - Expense Ratio Comparison
HAP has a 0.50% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
HAP vs. QQQ — Risk-Adjusted Performance Rank
HAP
QQQ
HAP vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Natural Resources ETF (HAP) and Invesco QQQ (QQQ). 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.
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Dividends
HAP vs. QQQ - Dividend Comparison
HAP's dividend yield for the trailing twelve months is around 2.45%, more than QQQ's 0.61% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HAP VanEck Vectors Natural Resources ETF | 2.45% | 2.65% | 3.27% | 3.28% | 2.16% | 2.45% | 2.69% | 2.85% | 2.02% | 1.99% | 3.00% | 2.51% |
QQQ Invesco QQQ | 0.61% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
HAP vs. QQQ - Drawdown Comparison
The maximum HAP drawdown since its inception was -50.73%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for HAP and QQQ. For additional features, visit the drawdowns tool.
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Volatility
HAP vs. QQQ - Volatility Comparison
The current volatility for VanEck Vectors Natural Resources ETF (HAP) is 5.51%, while Invesco QQQ (QQQ) has a volatility of 8.24%. This indicates that HAP experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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