HAP vs. VAW ETF Comparison

Comparison of Market Vectors Hard Assets Producers ETF (HAP) to Vanguard Materials ETF - DNQ (VAW)

HAP

Market Vectors Hard Assets Producers ETF

HAP Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of The RogersÃ¤-Van Eck Hard Assets Producers Index. The fund normally invests at least 80% of its total assets in equity securities, which may include depositary receipts, of U.S. and foreign hard asset producer companies. It may concentrate its investments in a particular industry or group of industries to the extent that the Hard Assets Producers Index concentrates in an industry or group of industries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.82

Average Daily Volume

5,464

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VAW

Vanguard Materials ETF - DNQ

VAW Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Materials 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the materials sector, as classified under the Global Industry Classification Standard (GICS). It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$212.41

Average Daily Volume

31,358

Number of Holdings ^*

116

* may have additional holdings in another (foreign) market

Performance

Period	HAP	VAW
30 Days	3.71%	5.09%
60 Days	4.52%	5.62%
90 Days	5.67%	10.70%
12 Months	10.24%	24.44%

12 Overlapping Holdings

Symbol	Grade	Weight in HAP	Weight in VAW	Overlap
CF	B	1.06%	1.07%	1.06%
CTVA	B	2.75%	2.8%	2.75%
FCX	C	1.76%	4.46%	1.76%
FMC	B	0.67%	0.56%	0.56%
LPX	B	0.31%	0.44%	0.31%
MOS	F	0.68%	0.64%	0.64%
NEM	C	1.79%	4.32%	1.79%
NUE	D	0.86%	2.55%	0.86%
RGLD	C	0.27%	0.48%	0.27%
RS	D	0.52%	1.15%	0.52%
STLD	C	0.59%	1.25%	0.59%
X	F	0.35%	0.6%	0.35%

HAP Overweight 48 Positions Relative to VAW

Symbol	Grade	Weight
DE	A	5.39%
XOM	D	5.11%
NEE	B	4.83%
CVX	F	4.64%
BHP	C	3.6%
RIO	B	2.09%
ADM	D	1.79%
TTE	D	1.53%
TSN	D	1.32%
VALE	C	1.31%
GOLD	C	1.25%
COP	F	1.08%
BG	F	0.9%
BP	F	0.87%
PKX	D	0.83%
INGR	B	0.81%
CNH	C	0.79%
FSLR	C	0.75%
WY	C	0.73%
TTC	F	0.63%
DAR	F	0.58%
AGCO	D	0.57%
EOG	D	0.55%
MPC	F	0.5%
SLB	F	0.5%
MT	C	0.48%
WMB	C	0.48%
PSX	F	0.48%
OKE	C	0.47%
GFI	C	0.46%
E	D	0.45%
EBR	D	0.44%
LNG	D	0.4%
VLO	F	0.39%
KMI	C	0.39%
HES	F	0.38%
SUZ	D	0.37%
WDS	D	0.32%
WFG	B	0.32%
UFPI	C	0.32%
OXY	F	0.31%
EQNR	F	0.3%
FANG	F	0.26%
DVN	F	0.24%
HAL	F	0.2%
SBSW	D	0.16%
BVN	D	0.15%
SEDG	F	0.08%

HAP Underweight 104 Positions Relative to VAW

Symbol	Grade	Weight
LIN	B	-16.13%
SHW	B	-6.24%
ECL	B	-4.56%
APD	B	-4.35%
DOW	C	-2.64%
DD	B	-2.47%
MLM	D	-2.31%
VMC	C	-2.27%
PPG	C	-2.13%
IFF	A	-1.86%
LYB	D	-1.8%
SW	B	-1.73%
BALL	C	-1.39%
PKG	B	-1.32%
AVY	C	-1.25%
AMCR	B	-1.16%
IP	C	-1.12%
RPM	B	-1.05%
CE	D	-1.0%
EMN	B	-0.84%
CCK	B	-0.77%
ATR	B	-0.71%
ALB	D	-0.65%
GPK	C	-0.65%
EXP	B	-0.61%
ATI	C	-0.56%
AXTA	B	-0.56%
BERY	B	-0.55%
AA	C	-0.53%
CRS	C	-0.48%
CLF	F	-0.44%
ESI	C	-0.43%
CMC	D	-0.43%
CBT	B	-0.41%
BCPC	C	-0.4%
SON	D	-0.39%
WLK	C	-0.39%
OLN	D	-0.37%
SEE	C	-0.36%
SUM	D	-0.35%
FUL	D	-0.33%
SLGN	B	-0.31%
AVNT	B	-0.31%
KNF	C	-0.3%
ASH	F	-0.3%
NEU	D	-0.29%
HL	C	-0.25%
HUN	C	-0.25%
HCC	D	-0.23%
SMG	B	-0.21%
SXT	B	-0.2%
IOSP	F	-0.2%
CC	D	-0.2%
AMR	D	-0.19%
SLVM	C	-0.19%
HWKN	B	-0.18%
MTRN	D	-0.17%
KWR	D	-0.17%
CDE	C	-0.17%
MTX	D	-0.17%
ARCH	D	-0.16%
OI	D	-0.14%
ASPN	C	-0.13%
TROX	D	-0.12%
SCL	D	-0.12%
GEF	C	-0.11%
MP	C	-0.11%
PRM	B	-0.11%
NGVT	D	-0.1%
OEC	F	-0.08%
WS	D	-0.08%
KALU	D	-0.08%
USLM	B	-0.07%
TRS	C	-0.07%
MATV	D	-0.07%
ASIX	B	-0.06%
ECVT	F	-0.06%
CENX	C	-0.06%
KOP	F	-0.06%
PCT	C	-0.05%
SXC	F	-0.05%
HAYN	D	-0.05%
IE	D	-0.04%
GATO	C	-0.04%
PTVE	D	-0.04%
CLW	F	-0.04%
RYI	F	-0.04%
MTUS	F	-0.04%
LXU	D	-0.03%
ZEUS	F	-0.03%
RDUS	D	-0.03%
MYE	F	-0.03%
MERC	D	-0.02%
IPI	D	-0.02%
KRO	C	-0.02%
PACK	D	-0.02%
CMP	D	-0.02%
METC	F	-0.02%
TSE	C	-0.01%
AVD	F	-0.01%
PLL	F	-0.01%
ORGN	D	-0.01%
FEAM	F	-0.0%
DNMR	F	-0.0%