HAP vs. VLUE ETF Comparison

Comparison of Market Vectors Hard Assets Producers ETF (HAP) to iShares MSCI USA Value Factor (VLUE)

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

$49.89

Average Daily Volume

18,579

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VLUE

iShares MSCI USA Value Factor

VLUE Description

The investment seeks to track the performance of MSCI USA Value Weighted Index that measures the performance of U.S. large- and mid-capitalization stocks with value characteristics and relatively lower valuations, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Value Weighted Index (the "underlying index") is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid- capitalization stocks.

Grade (RS Rating)

Last Trade

$103.14

Average Daily Volume

305,492

Number of Holdings ^*

149

* may have additional holdings in another (foreign) market

Performance

Period	HAP	VLUE
30 Days	-4.82%	1.22%
60 Days	-2.21%	2.92%
90 Days	-2.75%	-2.86%
12 Months	7.05%	12.88%

12 Overlapping Holdings

Symbol	Grade	Weight in HAP	Weight in VLUE	Overlap
ADM	F	1.8%	0.79%	0.79%
BG	B	0.99%	0.25%	0.25%
CF	D	0.99%	0.15%	0.15%
CNH	F	0.73%	0.17%	0.17%
FANG	C	0.29%	0.72%	0.29%
FSLR	C	0.82%	0.53%	0.53%
MOS	F	0.79%	0.21%	0.21%
NUE	D	0.9%	0.51%	0.51%
STLD	C	0.62%	0.26%	0.26%
TSN	C	1.27%	0.42%	0.42%
VLO	C	0.45%	0.92%	0.45%
WY	F	0.63%	0.54%	0.54%

HAP Overweight 48 Positions Relative to VLUE

Symbol	Grade	Weight
XOM	C	5.15%
CVX	C	5.13%
DE	F	4.99%
NEE	D	4.32%
BHP	D	3.87%
CTVA	C	2.57%
RIO	C	2.22%
FCX	D	2.0%
TTE	C	1.53%
VALE	F	1.42%
NEM	B	1.4%
COP	D	1.15%
GOLD	D	1.03%
BP	C	0.98%
PKX	F	0.81%
INGR	D	0.7%
TTC	B	0.69%
FMC	D	0.62%
AGCO	F	0.6%
DAR	D	0.58%
SLB	D	0.57%
EOG	C	0.56%
MPC	C	0.54%
PSX	C	0.53%
RS	D	0.52%
MT	D	0.47%
GFI	C	0.46%
WMB	A	0.46%
HES	C	0.43%
E	C	0.43%
OKE	A	0.41%
EBR	F	0.4%
OXY	C	0.38%
LNG	B	0.38%
KMI	A	0.37%
WDS	C	0.36%
SUZ	C	0.36%
EQNR	C	0.34%
X	C	0.32%
UFPI	D	0.28%
DVN	C	0.28%
WFG	D	0.27%
RGLD	C	0.24%
LPX	D	0.24%
HAL	F	0.24%
BVN	D	0.19%
SBSW	F	0.17%
SEDG	F	0.11%

HAP Underweight 137 Positions Relative to VLUE

Symbol	Grade	Weight
CSCO	C	-5.72%
T	A	-5.39%
INTC	F	-4.95%
AMAT	B	-3.52%
IBM	B	-3.47%
GM	B	-3.1%
VZ	A	-3.07%
PFE	B	-2.5%
BAC	A	-2.04%
F	C	-2.01%
CVS	D	-1.73%
C	C	-1.72%
RTX	D	-1.62%
WFC	C	-1.6%
CI	D	-1.53%
HPE	B	-1.51%
NXPI	B	-1.48%
LEN	D	-1.42%
ELV	B	-1.4%
DHI	D	-1.32%
FDX	A	-1.28%
MO	A	-1.27%
BMY	F	-1.24%
HPQ	B	-1.21%
GS	A	-1.16%
SPG	B	-1.13%
TEL	B	-1.11%
GILD	C	-1.08%
CTSH	C	-1.04%
GLW	B	-0.98%
DELL	B	-0.96%
PHM	D	-0.86%
KHC	D	-0.83%
PCAR	D	-0.76%
ON	D	-0.75%
CNC	D	-0.71%
KR	C	-0.69%
SWKS	B	-0.62%
URI	C	-0.62%
NTAP	A	-0.61%
WBD	F	-0.6%
PCG	D	-0.56%
AIG	D	-0.53%
JCI	D	-0.52%
LHX	B	-0.52%
COF	C	-0.51%
CMI	D	-0.5%
MRO	B	-0.47%
TFC	C	-0.47%
PRU	B	-0.46%
MET	D	-0.43%
D	D	-0.43%
USB	C	-0.41%
VTRS	D	-0.4%
CTRA	D	-0.4%
BK	A	-0.39%
GEN	B	-0.38%
OVV	C	-0.38%
BBY	B	-0.37%
ZM	D	-0.36%
EXPE	C	-0.35%
JNPR	A	-0.35%
OC	C	-0.34%
TAP	F	-0.33%
WBA	F	-0.33%
QRVO	B	-0.33%
VST	C	-0.3%
DOW	D	-0.3%
BLDR	F	-0.3%
FFIV	C	-0.29%
PPL	D	-0.29%
JBL	F	-0.28%
WAB	D	-0.28%
EQT	D	-0.27%
CAG	D	-0.27%
TXT	D	-0.27%
FOXA	B	-0.27%
PARA	D	-0.27%
LYB	D	-0.27%
LKQ	F	-0.27%
HST	D	-0.26%
SJM	D	-0.24%
EVRG	D	-0.24%
LH	C	-0.23%
MTB	B	-0.23%
STT	C	-0.22%
APA	D	-0.22%
HIG	C	-0.22%
DINO	D	-0.22%
ES	D	-0.22%
SSNC	B	-0.22%
CFG	C	-0.21%
UTHR	A	-0.21%
TWLO	D	-0.21%
RPRX	F	-0.21%
GPN	F	-0.2%
ATO	C	-0.2%
AZPN	D	-0.2%
DAL	D	-0.2%
UHS	B	-0.19%
EG	B	-0.19%
CHK	D	-0.19%
DGX	D	-0.18%
SNA	F	-0.18%
MAA	B	-0.18%
KNX	C	-0.18%
APTV	F	-0.18%
LDOS	B	-0.18%
SYF	A	-0.17%
FITB	C	-0.17%
RF	B	-0.16%
IP	B	-0.15%
AKAM	F	-0.15%
WRK	D	-0.14%
HBAN	C	-0.14%
CLF	D	-0.14%
FOX	B	-0.14%
CPT	A	-0.13%
HII	D	-0.13%
L	D	-0.13%
ACI	F	-0.13%
SOLV	F	-0.12%
EQH	B	-0.12%
UHAL	D	-0.12%
NLY	C	-0.12%
FBIN	F	-0.11%
EMN	D	-0.11%
LUV	B	-0.11%
ALLY	B	-0.11%
SWK	F	-0.1%
KEY	C	-0.1%
FCNCA	C	-0.09%
DVA	C	-0.08%
FNF	D	-0.08%
BEN	F	-0.07%
WLK	D	-0.06%
BIO	F	-0.05%