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

Correlation

The correlation between AFK and RDIV is 0.46, 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.


-0.50.00.51.00.5

Performance

AFK vs. RDIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors Africa Index ETF (AFK) and Invesco S&P Ultra Dividend Revenue ETF (RDIV). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
-25.38%
204.61%
AFK
RDIV

Key characteristics

Sharpe Ratio

AFK:

0.76

RDIV:

1.24

Sortino Ratio

AFK:

1.13

RDIV:

1.77

Omega Ratio

AFK:

1.14

RDIV:

1.22

Calmar Ratio

AFK:

0.32

RDIV:

1.96

Martin Ratio

AFK:

3.68

RDIV:

7.14

Ulcer Index

AFK:

4.61%

RDIV:

2.47%

Daily Std Dev

AFK:

22.20%

RDIV:

14.26%

Max Drawdown

AFK:

-62.45%

RDIV:

-49.97%

Current Drawdown

AFK:

-41.37%

RDIV:

-7.58%

Returns By Period

The year-to-date returns for both investments are quite close, with AFK having a 14.86% return and RDIV slightly higher at 15.23%. Over the past 10 years, AFK has underperformed RDIV with an annualized return of -1.93%, while RDIV has yielded a comparatively higher 9.08% annualized return.


AFK

YTD

14.86%

1M

0.32%

6M

-0.38%

1Y

15.44%

5Y*

-1.70%

10Y*

-1.93%

RDIV

YTD

15.23%

1M

-4.54%

6M

10.69%

1Y

16.37%

5Y*

8.67%

10Y*

9.08%

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AFK vs. RDIV - Expense Ratio Comparison

AFK has a 0.78% expense ratio, which is higher than RDIV's 0.39% 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 RDIV: current value at 0.39% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.39%

Risk-Adjusted Performance

AFK vs. RDIV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Africa Index ETF (AFK) and Invesco S&P Ultra Dividend Revenue ETF (RDIV). 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 market0.002.004.000.761.24
The chart of Sortino ratio for AFK, currently valued at 1.13, compared to the broader market-2.000.002.004.006.008.0010.001.131.77
The chart of Omega ratio for AFK, currently valued at 1.14, compared to the broader market0.501.001.502.002.503.001.141.22
The chart of Calmar ratio for AFK, currently valued at 0.35, compared to the broader market0.005.0010.0015.000.351.96
The chart of Martin ratio for AFK, currently valued at 3.68, compared to the broader market0.0020.0040.0060.0080.00100.003.687.14
AFK
RDIV

The current AFK Sharpe Ratio is 0.76, which is lower than the RDIV Sharpe Ratio of 1.24. The chart below compares the historical Sharpe Ratios of AFK and RDIV, 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 Ratio0.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
0.76
1.24
AFK
RDIV

Dividends

AFK vs. RDIV - Dividend Comparison

AFK has not paid dividends to shareholders, while RDIV's dividend yield for the trailing twelve months is around 2.97%.


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%
RDIV
Invesco S&P Ultra Dividend Revenue ETF
2.97%3.93%3.44%3.32%4.93%3.84%4.32%4.26%3.12%4.49%3.36%0.92%

Drawdowns

AFK vs. RDIV - Drawdown Comparison

The maximum AFK drawdown since its inception was -62.45%, which is greater than RDIV's maximum drawdown of -49.97%. Use the drawdown chart below to compare losses from any high point for AFK and RDIV. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-36.54%
-7.58%
AFK
RDIV

Volatility

AFK vs. RDIV - Volatility Comparison

VanEck Vectors Africa Index ETF (AFK) has a higher volatility of 5.80% compared to Invesco S&P Ultra Dividend Revenue ETF (RDIV) at 4.11%. This indicates that AFK's price experiences larger fluctuations and is considered to be riskier than RDIV 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%JulyAugustSeptemberOctoberNovemberDecember
5.80%
4.11%
AFK
RDIV
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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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