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HAP
Market Vectors RVE Hard Assets Producers ETF - NYSEARCA

4/24/2014, 9:14 AM ET
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HAP vs. ETF Alternatives
HAP Description
HAP seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of The RogersTM—Van Eck Hard Assets Producers Index, which was developed in concert with international investor Jim Rogers and is viewed by many as the definitive global benchmark for commodity equities. HAP provides “one-stop shopping” for the global hard assets industry because its underlying index is comprehensive in construction, covering the world’s largest and most prominent publicly owned companies engaged in the production and distribution of hard assets and related products and services. The index includes water and renewable energy (solar, wind)—a first among commodity equity indexes—and utilizes consumption-based weights that afford balanced sector exposure. HAP is subject to the risks of investing in the hard assets sector.
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