VanEck Vectors Africa Index ETF (AFK)

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The chart shows the growth of an initial investment of $10,000 in VanEck Vectors Africa Index ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

VanEck Vectors Africa Index ETF (AFK) has returned -3.74% so far this year and 49.61% over the past 12 months. Over the last ten years, AFK has returned 5.78% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jul 14, 2008, AFK's average daily return is +0.01%, while the average monthly return is +0.21%. At this rate, your investment would double in approximately 27.5 years.

Historically, 51% of months were positive and 49% were negative. The best month was May 2009 with a return of +27.3%, while the worst month was Mar 2020 at -27.9%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 7 months.

On a daily basis, AFK closed higher 51% of trading days. The best single day was Oct 13, 2008 with a return of +9.3%, while the worst single day was Mar 9, 2020 at -11.6%.

VanEck Vectors Africa Index ETF has an annualized alpha of -5.22%, beta of 0.69, and R² of 0.36 versus S&P 500 Index. Calculated based on daily prices since July 15, 2008.

• This ETF participated in 108.93% of S&P 500 Index downside but only 66.85% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.69 may look defensive, but with R² of 0.36 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.36 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

AFK has an expense ratio of 0.78%, placing it in the medium range.

AFK ranks 85 for risk / return — in the top 85% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for VanEck Vectors Africa Index ETF (AFK) and compare them to a chosen benchmark (S&P 500 Index).

VanEck Vectors Africa Index ETF provided a 1.05% dividend yield over the last twelve months, with an annual payout of $0.27 per share.

The table displays the monthly dividend distributions for VanEck Vectors Africa Index ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the VanEck Vectors Africa Index ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the VanEck Vectors Africa Index ETF was 62.46%, occurring on Mar 20, 2020. Recovery took 1448 trading sessions.

The current VanEck Vectors Africa Index ETF drawdown is 15.74%.

The chart below shows the rolling one-month volatility.