VanEck Natural Resources ETF (HAP) is an exchange-traded fund that seeks to replicate as closely as possible the price and yield performance of the MVIS Global Natural Resources Index. The fund provides exposure to a diversified portfolio of companies involved in the production and distribution of natural resources; including agriculture; forestry products; precious metals; non-precious metals; and energy, with holdings spanning fertilizers, water utilities, mining equipment, steel producers, oil services, and renewable energy infrastructure. HAP invests primarily in equity securities of companies domiciled across developed and emerging markets worldwide; targeting large-, mid-, and small-cap issuers that derive at least 50% of their revenues from natural resource-related activities.
VanEck Vectors, the fund's sponsor and manager, operates HAP from its headquarters in New York City; with the firm founded in 1955 as an investment management boutique specializing in ETFs and mutual funds focused on thematic and sector-specific strategies. The fund's benchmark index emphasizes companies benefiting from global demand for commodities and resource infrastructure; serving institutional and retail investors seeking inflation-hedging and growth in resource sectors.
In recent developments, VanEck has continued to expand its suite of commodity and resource-focused ETFs amid heightened investor interest in energy transition and critical minerals; including enhancements to index methodologies in 2024 to better capture renewable energy and water scarcity themes. No major acquisitions, rebrands, or funding rounds specific to HAP were noted in the last two years; though VanEck announced strategic partnerships with global index providers to refine natural resources exposure as of late 2025. HAP maintains a competitive expense ratio and liquid trading on major U.S. exchanges; positioning it within the broader commodity ETF segment.