HAP vs VTI

HAP vs VTI

Which is better, HAP or VTI?

Large Cap Value against Large Cap Blend.

VTI has a lower expense ratio. HAP led over 1Y and 5Y, VTI over 3Y and the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 36.5%.

Lower Fees: VTIHigher Returns: splitLess Concentrated: VTI

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

MetricHAPVTI
Expense Ratio0.41%0.03%Best
AUM$299M$666.9B
Dividend Yield1.77%1.03%
Holdings1313,543
YTD Return+20.71%Best+12.43%
1Y Return+32.22%Best+15.92%
3Y Return (annualized)+16.74%+22.42%Best
5Y Return (annualized)+12.45%Best+12.37%
Volatility (annualized)20.2%16.0%Best
Max Drawdown-50.7%-47.5%Best
$10,000 over 5 years$17,980Best$17,916
Top 10 Weight36.5%33.3%Best
Fund FamilyVanEckVanguard (US)
CategoryEquityEquity
StyleLarge Cap ValueLarge Cap Blend
InceptionAug 29, 2008May 24, 2001

Volatility and max drawdown are measured over the window both funds cover: Sep 3, 2008 to Sep 28, 2026 (18.1 years).

HAP vs VTI 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 18.1 years both funds cover.

HAP vs VTI Performance

VanEck Natural Resources ETF (HAP) is an ETF from VanEck and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year HAP returned +32.22% while VTI returned +15.92%. Year to date, HAP is up 20.71% versus a gain of 12.43% for VTI.

Over three years, HAP compounded at +16.74% per year against +22.42% for VTI; over five years the annualized figures are +12.45% and +12.37% respectively. Across the full 18-year window we track, VTI has the edge at +10.74% annualized vs +6.03%.

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 16.0% for VTI. 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 -47.5% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.78. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

HAP charges 0.41% per year while VTI 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 1.77% against 1.03% for VTI.

Holdings Overlap

HAP already in VTI46.5%
VTI already in HAP4.3%

46.5% of HAP's money is in holdings VTI also owns. 4.3% of VTI's money is in holdings HAP also owns.

The two portfolios partly overlap.

44 positions in common, counted across the 133 positions we hold weights for in HAP and 3,463 in VTI, against full books of 131 and 3,543.

What only one of them owns

Our book lists 1,107 positions for VTI that do not appear in our book for HAP (93.2% of the fund), and 6 for HAP that do not appear in VTI (5.8%).

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

StockWeight in HAPWeight in VTIDifference
XOMExxon Mobil Corp.4.90%0.89%4.01%
DEDeere & Co Sedol 22612035.41%0.21%5.20%
CVXChevron Corp4.98%0.52%4.46%
NEENextera Energy Inc3.36%0.25%3.11%
CTVACorteva Inc Ctva3.06%0.07%2.99%
NEMNewmont Corp Common1.81%0.14%1.67%
ADMArcher-Daniels-Midland Co.1.65%0.05%1.60%
FCXFreeport-mcmoran Copper & Gold Inc.1.57%0.12%1.45%
COPConocophillips Common Stock USD 0.011.16%0.20%0.96%
BECfd Bloom Energy Corp- A1.21%0.08%1.13%

46.5% of HAP is already inside VTI.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

HAPVTI

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Frequently Asked Questions

Which is cheaper, HAP or VTI?

HAP has an expense ratio of 0.41% while VTI charges 0.03%. VTI is the cheaper option, by $38 a year on a $10,000 investment.

Which performed better, HAP or VTI?

Over the past year HAP returned +32.22% vs +15.92% for VTI, so HAP leads on 1-year performance. Over the longest common window we track (18 years), HAP annualized +6.03% vs +10.74% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, HAP or VTI?

HAP has been the more volatile fund at 20.2% annualized versus 16.0% for VTI. Worst drawdown: HAP -50.7% vs VTI -47.5%.

Should I hold both HAP and VTI?

HAP and VTI have a monthly-return correlation of 0.78, 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 VTI?

46.5% of HAP's money is in holdings VTI also owns. 4.3% of VTI's is in holdings HAP also owns. They hold 44 positions in common, counted across the 133 positions we hold weights for in HAP and 3,463 in VTI.

Which pays a higher dividend, HAP or VTI?

HAP yields 1.77% while VTI yields 1.03%, so HAP currently pays the higher dividend yield.

Is VTI better than HAP?

VTI has a lower expense ratio. HAP led over 1Y and 5Y, VTI over 3Y and the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 36.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.