Yes, it's basically a fanny pack. More importantly, it's compact, convenient, and made from waterproof, resilient Cordura. Perfect for weekend hikes, festivals, or an afternoon exploring a new city, and roomy enough to fit the essentials with extra compartments inside and out. Pack it down to handheld size in its included pouch, stick it in your daypack, and have some extra storage space ready to go when you need it.