HAP: Natural Resources ETFs May Profit From Renewed Inflation
The VanEck Natural Resources ETF (HAP) offers global exposure to 121 companies in energy, materials, and agriculture, with strong value characteristics. HAP lags the S&P 500 in the long term, but demonstrated effective inflation hedging in 2022 and outperformed the benchmark by 13.8% over the past 12 months. With a 0.41% expense ratio and moderate company-specific risk, HAP is suitable for mitigating inflation and technology sector risks.