See what your fund actually adds
VanEck Natural Resources ETF HAP
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | HAP | Replication |
|---|---|---|
| Annualized growth | 12.1% | 14.4% |
| Annualized volatility | 17.8% | 16.0% |
| Sharpe ratio | 0.73 | 0.92 |
| Maximum drawdown | 23.6% | 18.7% |
| Replication fit (R²) | 0.91 · Tracking error 5.3% | |
Replication portfolio
The published portfolio below is the investable basket used to model HAP’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| XLB | Sector · Materials | 36.3% |
| XLE | Sector · Energy | 29.3% |
| EFV | Intl · Value | 21.9% |
| SLV | Alternatives · Silver | 6.9% |
| BCI | Alternatives · Commodities | 5.5% |