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

Correlation

The correlation between AFK and FXAIX is 0.55, 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

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors Africa Index ETF (AFK) and Fidelity 500 Index Fund (FXAIX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

AFK:

0.67

FXAIX:

0.70

Sortino Ratio

AFK:

1.09

FXAIX:

1.13

Omega Ratio

AFK:

1.14

FXAIX:

1.17

Calmar Ratio

AFK:

0.38

FXAIX:

0.76

Martin Ratio

AFK:

3.42

FXAIX:

2.94

Ulcer Index

AFK:

5.03%

FXAIX:

4.87%

Daily Std Dev

AFK:

24.87%

FXAIX:

19.75%

Max Drawdown

AFK:

-62.45%

FXAIX:

-33.79%

Current Drawdown

AFK:

-32.42%

FXAIX:

-3.85%

Returns By Period

In the year-to-date period, AFK achieves a 18.10% return, which is significantly higher than FXAIX's 0.61% return. Over the past 10 years, AFK has underperformed FXAIX with an annualized return of -0.96%, while FXAIX has yielded a comparatively higher 12.57% annualized return.


AFK

YTD

18.10%

1M

7.66%

6M

16.44%

1Y

16.45%

5Y*

7.39%

10Y*

-0.96%

FXAIX

YTD

0.61%

1M

9.09%

6M

-0.93%

1Y

13.77%

5Y*

17.35%

10Y*

12.57%

*Annualized

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AFK vs. FXAIX - Expense Ratio Comparison

AFK has a 0.78% expense ratio, which is higher than FXAIX's 0.02% expense ratio.


Risk-Adjusted Performance

AFK vs. FXAIX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AFK
The Risk-Adjusted Performance Rank of AFK is 6161
Overall Rank
The Sharpe Ratio Rank of AFK is 6363
Sharpe Ratio Rank
The Sortino Ratio Rank of AFK is 6565
Sortino Ratio Rank
The Omega Ratio Rank of AFK is 6161
Omega Ratio Rank
The Calmar Ratio Rank of AFK is 4343
Calmar Ratio Rank
The Martin Ratio Rank of AFK is 7676
Martin Ratio Rank

FXAIX
The Risk-Adjusted Performance Rank of FXAIX is 7171
Overall Rank
The Sharpe Ratio Rank of FXAIX is 6565
Sharpe Ratio Rank
The Sortino Ratio Rank of FXAIX is 6868
Sortino Ratio Rank
The Omega Ratio Rank of FXAIX is 7373
Omega Ratio Rank
The Calmar Ratio Rank of FXAIX is 7676
Calmar Ratio Rank
The Martin Ratio Rank of FXAIX is 7272
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current AFK Sharpe Ratio is 0.67, which is comparable to the FXAIX Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of AFK and FXAIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

AFK vs. FXAIX - Dividend Comparison

AFK has not paid dividends to shareholders, while FXAIX's dividend yield for the trailing twelve months is around 1.26%.


TTM20242023202220212020201920182017201620152014
AFK
VanEck Vectors Africa Index ETF
0.00%0.00%2.28%3.59%4.17%3.91%6.34%1.71%1.99%2.67%2.16%2.92%
FXAIX
Fidelity 500 Index Fund
1.26%1.25%1.45%1.69%1.22%1.60%1.95%2.07%1.81%2.01%2.56%2.63%

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.


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Volatility

AFK vs. FXAIX - Volatility Comparison

The current volatility for VanEck Vectors Africa Index ETF (AFK) is 4.79%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 6.15%. This indicates that AFK experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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