HAP vs IVV
VanEck Natural Resources ETF vs iShares Core S&P 500 ETF
Which is better, HAP or IVV?
Large Cap Value against Large Cap Blend.
IVV has a lower expense ratio. HAP led over 1Y and 5Y, IVV over 3Y and the full window. HAP is less concentrated, with 36.8% of the fund in its ten largest positions against 37.9%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | HAP | IVV |
|---|---|---|
| Expense Ratio | 0.41% | 0.03%Best |
| AUM | $299M | $886.7B |
| Dividend Yield | 1.94% | 1.10% |
| Holdings | 131 | 508 |
| YTD Return | +27.29%Best | +13.39% |
| 1Y Return | +44.57%Best | +20.08% |
| 3Y Return (annualized) | +17.96% | +21.29%Best |
| 5Y Return (annualized) | +13.42%Best | +12.88% |
| Volatility (annualized) | 20.2% | 15.5%Best |
| Max Drawdown | -50.7% | -46.8%Best |
| $10,000 over 5 years | $18,769Best | $18,327 |
| Top 10 Weight | 36.8%Best | 37.9% |
| Fund Family | VanEck | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Aug 29, 2008 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Sep 3, 2008 to Sep 4, 2026 (18 years).
HAP vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 18 years both funds cover.
HAP vs IVV Performance
VanEck Natural Resources ETF (HAP) is an ETF from VanEck and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year HAP returned +44.57% while IVV returned +20.08%. Year to date, HAP is up 27.29% versus a gain of 13.39% for IVV.
Over three years, HAP compounded at +17.96% per year against +21.29% for IVV; over five years the annualized figures are +13.42% and +12.88% respectively. Across the full 18-year window we track, IVV has the edge at +10.97% annualized vs +6.36%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HAP has been the more volatile fund, with annualized monthly volatility of 20.2% compared with 15.5% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -50.7% for HAP and -46.8% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HAP charges 0.41% per year while IVV charges 0.03%. On a $10,000 position that is $41 vs $3 annually, a gap of $38 per year that compounds over a long holding period. On income, HAP currently yields 1.94% against 1.10% for IVV.
Holdings Overlap
39.6% of HAP's money is in holdings IVV also owns. 4.2% of IVV's money is in holdings HAP also owns.
The two portfolios partly overlap.
31 positions in common, counted across the 133 positions we hold weights for in HAP and 504 in IVV, against full books of 131 and 508.
What only one of them owns
Our book lists 462 positions for IVV that do not appear in our book for HAP (95.0% of the fund), and 18 for HAP that do not appear in IVV (14.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in HAP | Weight in IVV | Difference |
|---|---|---|---|
| XOMExxon Mobil Corp | 4.83% | 0.94% | 3.89% |
| DEDeere & Co. | 5.24% | 0.23% | 5.01% |
| CVXChevron Corp.United States -Energy | 4.71% | 0.52% | 4.19% |
| NEENextera Energy Inc | 3.73% | 0.27% | 3.46% |
| CTVACorteva Inc. | 2.94% | 0.08% | 2.86% |
| NEMNewmont Corp. | 1.65% | 0.17% | 1.48% |
| FCXFreeport-McMoran Copper & Gold Inc | 1.61% | 0.15% | 1.46% |
| ADMArcher-Daniels-Midland Co. | 1.62% | 0.06% | 1.56% |
| COPConocophillips Co | 1.04% | 0.21% | 0.83% |
| CFCf Industries Ho | 1.14% | 0.03% | 1.11% |
39.6% of HAP is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, HAP or IVV?
HAP has an expense ratio of 0.41% while IVV charges 0.03%. IVV is the cheaper option, by $38 a year on a $10,000 investment.
Which performed better, HAP or IVV?
Over the past year HAP returned +44.57% vs +20.08% for IVV, so HAP leads on 1-year performance. Over the longest common window we track (18 years), HAP annualized +6.36% vs +10.97% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HAP or IVV?
HAP has been the more volatile fund at 20.2% annualized versus 15.5% for IVV. Worst drawdown: HAP -50.7% vs IVV -46.8%.
Should I hold both HAP and IVV?
HAP and IVV have a monthly-return correlation of 0.77, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between HAP and IVV?
39.6% of HAP's money is in holdings IVV also owns. 4.2% of IVV's is in holdings HAP also owns. They hold 31 positions in common, counted across the 133 positions we hold weights for in HAP and 504 in IVV.
Which pays a higher dividend, HAP or IVV?
HAP yields 1.94% while IVV yields 1.10%, so HAP currently pays the higher dividend yield.
Is IVV better than HAP?
IVV has a lower expense ratio. HAP led over 1Y and 5Y, IVV over 3Y and the full window. HAP is less concentrated, with 36.8% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.