Key stats
About VanEck Natural Resources ETF
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Inception date
Aug 29, 2008
Structure
Open-Ended Fund
Replication method
Physical
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
HAP tracks a global index of natural resource companies engaged in activities related to raw materials and commodities. The fund considers companies that can generate at least 50% of their revenues from natural resources activities or mining projects. The index selects at least 10 companies from 6 sub-themes (Agriculture, Energy, Renewable Energy, Industrial Metals, Precious Metals, and Forest & Paper Products). The fund prioritizes the top 70% companies by market capitalization. Additional stocks are selected based on market-cap and liquidity. The fund also applies tiered weights that allocates assets by their sub-themes: 25% to Agriculture, 30% to Energy, 15% to Sustainable Resources (Renewable Energy and Forest &Paper Products), and 30% to combined Metals. Single securities are capped to 5%. The index is reconstituted semi-annually and rebalanced quarterly, beginning March. Prior to Mar. 15, 2024, the fund tracked the VanEck Natural Resources Index.
Classification
What's in the fund
Exposure type
Non-Energy Minerals
Energy Minerals
Process Industries
Utilities
Stock breakdown by region
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