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AFK vs. EZA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between AFK and EZA is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.7

Performance

AFK vs. EZA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors Africa Index ETF (AFK) and iShares MSCI South Africa ETF (EZA). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
-0.38%
3.88%
AFK
EZA

Key characteristics

Sharpe Ratio

AFK:

0.76

EZA:

0.62

Sortino Ratio

AFK:

1.13

EZA:

1.01

Omega Ratio

AFK:

1.14

EZA:

1.12

Calmar Ratio

AFK:

0.32

EZA:

0.44

Martin Ratio

AFK:

3.68

EZA:

2.59

Ulcer Index

AFK:

4.61%

EZA:

5.85%

Daily Std Dev

AFK:

22.20%

EZA:

24.44%

Max Drawdown

AFK:

-62.45%

EZA:

-64.64%

Current Drawdown

AFK:

-41.37%

EZA:

-16.76%

Returns By Period

In the year-to-date period, AFK achieves a 14.86% return, which is significantly higher than EZA's 11.76% return. Over the past 10 years, AFK has underperformed EZA with an annualized return of -1.93%, while EZA has yielded a comparatively higher 0.72% annualized return.


AFK

YTD

14.86%

1M

0.32%

6M

-0.38%

1Y

15.44%

5Y*

-1.70%

10Y*

-1.93%

EZA

YTD

11.76%

1M

-3.10%

6M

3.88%

1Y

13.06%

5Y*

2.11%

10Y*

0.72%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


AFK vs. EZA - Expense Ratio Comparison

AFK has a 0.78% expense ratio, which is higher than EZA's 0.59% expense ratio.


AFK
VanEck Vectors Africa Index ETF
Expense ratio chart for AFK: current value at 0.78% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.78%
Expense ratio chart for EZA: current value at 0.59% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.59%

Risk-Adjusted Performance

AFK vs. EZA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Africa Index ETF (AFK) and iShares MSCI South Africa ETF (EZA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for AFK, currently valued at 0.76, compared to the broader market0.002.004.000.760.62
The chart of Sortino ratio for AFK, currently valued at 1.13, compared to the broader market-2.000.002.004.006.008.0010.001.131.01
The chart of Omega ratio for AFK, currently valued at 1.14, compared to the broader market0.501.001.502.002.503.001.141.12
The chart of Calmar ratio for AFK, currently valued at 0.32, compared to the broader market0.005.0010.0015.000.320.44
The chart of Martin ratio for AFK, currently valued at 3.68, compared to the broader market0.0020.0040.0060.0080.00100.003.682.59
AFK
EZA

The current AFK Sharpe Ratio is 0.76, which is comparable to the EZA Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of AFK and EZA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.50JulyAugustSeptemberOctoberNovemberDecember
0.76
0.62
AFK
EZA

Dividends

AFK vs. EZA - Dividend Comparison

AFK has not paid dividends to shareholders, while EZA's dividend yield for the trailing twelve months is around 6.96%.


TTM20232022202120202019201820172016201520142013
AFK
VanEck Vectors Africa Index ETF
0.00%2.28%3.59%4.17%3.91%6.34%1.71%1.99%2.67%2.16%2.92%2.68%
EZA
iShares MSCI South Africa ETF
6.96%2.84%3.90%2.05%5.51%12.27%3.81%1.55%4.10%3.03%2.20%2.44%

Drawdowns

AFK vs. EZA - Drawdown Comparison

The maximum AFK drawdown since its inception was -62.45%, roughly equal to the maximum EZA drawdown of -64.64%. Use the drawdown chart below to compare losses from any high point for AFK and EZA. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%JulyAugustSeptemberOctoberNovemberDecember
-41.37%
-16.76%
AFK
EZA

Volatility

AFK vs. EZA - Volatility Comparison

The current volatility for VanEck Vectors Africa Index ETF (AFK) is 5.80%, while iShares MSCI South Africa ETF (EZA) has a volatility of 6.60%. This indicates that AFK experiences smaller price fluctuations and is considered to be less risky than EZA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%5.00%6.00%7.00%8.00%9.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
5.80%
6.60%
AFK
EZA
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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