PortfoliosLab logo
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
AFK vs. FXAIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


AFKFXAIX
YTD Return7.35%6.04%
1Y Return-3.33%22.72%
3Y Return (Ann)-8.89%8.08%
5Y Return (Ann)-3.61%13.44%
10Y Return (Ann)-4.79%12.50%
Sharpe Ratio-0.201.94
Daily Std Dev20.96%11.68%
Max Drawdown-62.45%-33.79%
Current Drawdown-45.20%-4.08%

Correlation

-0.50.00.51.00.6

The correlation between AFK and FXAIX is 0.56, 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.

Performance

AFK vs. FXAIX - Performance Comparison

In the year-to-date period, AFK achieves a 7.35% return, which is significantly higher than FXAIX's 6.04% return. Over the past 10 years, AFK has underperformed FXAIX with an annualized return of -4.79%, while FXAIX has yielded a comparatively higher 12.50% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%100.00%200.00%300.00%400.00%NovemberDecember2024FebruaryMarchApril
-33.01%
379.30%
AFK
FXAIX

Compare stocks, funds, or ETFs

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


VanEck Vectors Africa Index ETF

Fidelity 500 Index Fund

AFK vs. FXAIX - Expense Ratio Comparison

AFK has a 0.78% expense ratio, which is higher than FXAIX's 0.02% 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 FXAIX: current value at 0.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.02%

Risk-Adjusted Performance

AFK vs. FXAIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Africa Index ETF (AFK) and Fidelity 500 Index Fund (FXAIX). 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.


AFK
Sharpe ratio
The chart of Sharpe ratio for AFK, currently valued at -0.20, compared to the broader market-1.000.001.002.003.004.005.00-0.20
Sortino ratio
The chart of Sortino ratio for AFK, currently valued at -0.14, compared to the broader market-2.000.002.004.006.008.00-0.14
Omega ratio
The chart of Omega ratio for AFK, currently valued at 0.98, compared to the broader market0.501.001.502.002.500.98
Calmar ratio
The chart of Calmar ratio for AFK, currently valued at -0.09, compared to the broader market0.002.004.006.008.0010.0012.0014.00-0.09
Martin ratio
The chart of Martin ratio for AFK, currently valued at -0.42, compared to the broader market0.0020.0040.0060.00-0.42
FXAIX
Sharpe ratio
The chart of Sharpe ratio for FXAIX, currently valued at 1.94, compared to the broader market-1.000.001.002.003.004.005.001.94
Sortino ratio
The chart of Sortino ratio for FXAIX, currently valued at 2.80, compared to the broader market-2.000.002.004.006.008.002.80
Omega ratio
The chart of Omega ratio for FXAIX, currently valued at 1.34, compared to the broader market0.501.001.502.002.501.34
Calmar ratio
The chart of Calmar ratio for FXAIX, currently valued at 1.68, compared to the broader market0.002.004.006.008.0010.0012.0014.001.68
Martin ratio
The chart of Martin ratio for FXAIX, currently valued at 7.93, compared to the broader market0.0020.0040.0060.007.93

AFK vs. FXAIX - Sharpe Ratio Comparison

The current AFK Sharpe Ratio is -0.20, which is lower than the FXAIX Sharpe Ratio of 1.94. The chart below compares the 12-month rolling Sharpe Ratio of AFK and FXAIX.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00NovemberDecember2024FebruaryMarchApril
-0.20
1.94
AFK
FXAIX

Dividends

AFK vs. FXAIX - Dividend Comparison

AFK's dividend yield for the trailing twelve months is around 2.12%, more than FXAIX's 1.38% yield.


TTM20232022202120202019201820172016201520142013
AFK
VanEck Vectors Africa Index ETF
2.12%2.27%3.59%4.17%3.91%6.34%1.71%1.99%2.67%2.16%2.92%2.68%
FXAIX
Fidelity 500 Index Fund
1.38%1.45%1.69%1.22%1.60%2.06%2.72%1.97%2.52%2.83%2.63%1.84%

Drawdowns

AFK vs. FXAIX - Drawdown Comparison

The maximum AFK drawdown since its inception was -62.45%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for AFK and FXAIX. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2024FebruaryMarchApril
-40.69%
-4.08%
AFK
FXAIX

Volatility

AFK vs. FXAIX - Volatility Comparison

VanEck Vectors Africa Index ETF (AFK) has a higher volatility of 6.37% compared to Fidelity 500 Index Fund (FXAIX) at 3.88%. This indicates that AFK's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%NovemberDecember2024FebruaryMarchApril
6.37%
3.88%
AFK
FXAIX