GTEK vs HAP
Goldman Sachs Future Tech Leaders Equity ETF vs VanEck Natural Resources ETF
Which is better, GTEK or HAP?
Each has led over a different period.
HAP has a lower expense ratio. GTEK led over 1Y and 3Y, HAP over 5Y and the full window. GTEK is less concentrated, with 32.4% of the fund in its ten largest positions against 36.9%.
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 | GTEK | HAP |
|---|---|---|
| Expense Ratio | 0.75% | 0.41%Best |
| AUM | $244M | $335M |
| Dividend Yield | 0.00% | 1.87% |
| Holdings | 122 | 131 |
| YTD Return | +38.51%Best | +21.80% |
| 1Y Return | +43.93%Best | +33.46% |
| 3Y Return (annualized) | +33.08%Best | +17.08% |
| 5Y Return (annualized) | +7.36% | +11.74%Best |
| Volatility (annualized) | 27.1% | 18.7%Best |
| Max Drawdown | -53.8% | -25.7%Best |
| $10,000 over 5 years | $14,263 | $17,420Best |
| Top 10 Weight | 32.4%Best | 36.9% |
| Fund Family | Goldman Sachs Asset Management | VanEck |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Sep 14, 2021 | Aug 29, 2008 |
Volatility and max drawdown are measured over the window both funds cover: Sep 16, 2021 to Oct 14, 2026 (5.1 years).
GTEK vs HAP 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 5.1 years both funds cover.
GTEK vs HAP Performance
Goldman Sachs Future Tech Leaders Equity ETF (GTEK) is an ETF from Goldman Sachs Asset Management and VanEck Natural Resources ETF (HAP) is an ETF from VanEck. Over the past year GTEK returned +43.93% while HAP returned +33.46%. Year to date, GTEK is up 38.51% versus a gain of 21.80% for HAP.
Over three years, GTEK compounded at +33.08% per year against +17.08% for HAP; over five years the annualized figures are +7.36% and +11.74% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GTEK has been the more volatile fund, with annualized monthly volatility of 27.1% compared with 18.7% for HAP. 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 -53.8% for GTEK and -25.7% for HAP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.30. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GTEK charges 0.75% per year while HAP charges 0.41%. On a $10,000 position that is $75 vs $41 annually, a gap of $34 per year that compounds over a long holding period. On income, GTEK currently yields 0.00% against 1.87% for HAP.
Holdings Overlap
We hold position weights for 60 holdings in GTEK and 134 in HAP, totalling 100.0% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 60 positions we hold weights for in GTEK and 134 in HAP, against full books of 122 and 131.
What only one of them owns
Our book lists 52 positions for HAP that do not appear in our book for GTEK (53.7% of the fund), and 28 for GTEK that do not appear in HAP (45.9%).
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.
You are not choosing between two funds in isolation.
Whichever of GTEK and HAP you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GTEK or HAP?
GTEK has an expense ratio of 0.75% while HAP charges 0.41%. HAP is the cheaper option, by $34 a year on a $10,000 investment.
Which performed better, GTEK or HAP?
Over the past year GTEK returned +43.93% vs +33.46% for HAP, so GTEK leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GTEK or HAP?
GTEK has been the more volatile fund at 27.1% annualized versus 18.7% for HAP. Worst drawdown: GTEK -53.8% vs HAP -25.7%.
Should I hold both GTEK and HAP?
GTEK and HAP have a monthly-return correlation of 0.30, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, GTEK or HAP?
GTEK yields 0.00% while HAP yields 1.87%, so HAP currently pays the higher dividend yield.
Is HAP better than GTEK?
HAP has a lower expense ratio. GTEK led over 1Y and 3Y, HAP over 5Y and the full window. GTEK is less concentrated, with 32.4% of the fund in its ten largest positions against 36.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.