HAP vs VOO
VanEck Natural Resources ETF vs Vanguard S&P 500 ETF
Which is better, HAP or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. HAP led over 1Y and 5Y, VOO over 3Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 36.8%.
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 | VOO |
|---|---|---|
| Expense Ratio | 0.41% | 0.03%Best |
| AUM | $299M | $997.4B |
| Dividend Yield | 1.94% | 1.08% |
| Holdings | 131 | 509 |
| YTD Return | +27.29%Best | +13.37% |
| 1Y Return | +44.57%Best | +20.08% |
| 3Y Return (annualized) | +17.96% | +21.29%Best |
| 5Y Return (annualized) | +13.42%Best | +12.89% |
| Volatility (annualized) | 18.4% | 14.1%Best |
| Max Drawdown | -44.1% | -34.3%Best |
| $10,000 over 5 years | $18,769Best | $18,335 |
| Top 10 Weight | 36.8% | 36.4%Best |
| Fund Family | VanEck | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Aug 29, 2008 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 4, 2026 (16 years).
HAP vs VOO 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 16 years both funds cover.
HAP vs VOO Performance
VanEck Natural Resources ETF (HAP) is an ETF from VanEck and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year HAP returned +44.57% while VOO returned +20.08%. Year to date, HAP is up 27.29% versus a gain of 13.37% for VOO.
Over three years, HAP compounded at +17.96% per year against +21.29% for VOO; over five years the annualized figures are +13.42% and +12.89% respectively. Across the full 16-year window we track, VOO has the edge at +13.48% annualized vs +8.00%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HAP has been the more volatile fund, with annualized monthly volatility of 18.4% compared with 14.1% for VOO. 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 -44.1% for HAP and -34.3% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HAP charges 0.41% per year while VOO 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 1.08% for VOO.
Holdings Overlap
39.6% of HAP's money is in holdings VOO also owns. 4.1% of VOO'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 VOO, against full books of 131 and 509.
What only one of them owns
Our book lists 463 positions for VOO that do not appear in our book for HAP (95.2% of the fund), and 18 for HAP that do not appear in VOO (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 VOO | Difference |
|---|---|---|---|
| XOMExxon Mobil Corp | 4.83% | 0.88% | 3.95% |
| DEDeere & Co. | 5.24% | 0.25% | 4.99% |
| CVXChevron Corp.United States -Energy | 4.71% | 0.48% | 4.23% |
| NEENextera Energy Inc | 3.73% | 0.28% | 3.45% |
| CTVACorteva Inc. | 2.94% | 0.09% | 2.85% |
| NEMNewmont Corp. | 1.65% | 0.15% | 1.50% |
| FCXFreeport-McMoran Copper & Gold Inc | 1.61% | 0.14% | 1.47% |
| ADMArcher-Daniels-Midland Co. | 1.62% | 0.06% | 1.56% |
| COPConocophillips Co | 1.04% | 0.20% | 0.84% |
| CFCf Industries Ho | 1.14% | 0.03% | 1.11% |
39.6% of HAP is already inside VOO.
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 VOO?
HAP has an expense ratio of 0.41% while VOO charges 0.03%. VOO is the cheaper option, by $38 a year on a $10,000 investment.
Which performed better, HAP or VOO?
Over the past year HAP returned +44.57% vs +20.08% for VOO, so HAP leads on 1-year performance. Over the longest common window we track (16 years), HAP annualized +8.00% vs +13.48% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HAP or VOO?
HAP has been the more volatile fund at 18.4% annualized versus 14.1% for VOO. Worst drawdown: HAP -44.1% vs VOO -34.3%.
Should I hold both HAP and VOO?
HAP and VOO have a monthly-return correlation of 0.73, 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 VOO?
39.6% of HAP's money is in holdings VOO also owns. 4.1% of VOO'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 VOO.
Which pays a higher dividend, HAP or VOO?
HAP yields 1.94% while VOO yields 1.08%, so HAP currently pays the higher dividend yield.
Is VOO better than HAP?
VOO has a lower expense ratio. HAP led over 1Y and 5Y, VOO over 3Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 36.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.