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AFKVanEck Africa Index ETF

Grow my money18y track recordRanked #1,344 of 2,999 in this goal

Seeks to replicate the price and yield performance of the MVIS GDP Africa Index.

By VanEck · Launched 2008

Annual Cost

0.76%

#4,048 of 5,861 · expensive

Fund Size

$100M

#3,004 of 5,861 · mid-size

Return (1Y)Goal

+25.7%

Track Record

18 years

#598 of 5,861 · established

Performance

Total-return NAV · USD
Growth of $10,000
$12,768+27.7%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Strategy

Index tracking

Index tracked

MVIS GDP Africa Index

What it actually holds

By weight

Concentration

Top 10 holdings = 40.8% of fundmoderately concentrated

Attijariwafa Bank
7.4%
Endeavour Mining PLC
4.6%
Anglo American PLC
4.4%
Airtel Africa PLC
4.1%
Guaranty Trust Holding Co PLC
3.6%
Banque Centrale Populaire
3.5%
Naspers Ltd
3.5%
Ivanhoe Mines Ltd
3.3%
Gold Fields Ltd
3.3%
Golar LNG Ltd
3.1%

Asset allocation

Stocks
100.0%

By sector

Basic Materials
34.5%
Financial Services
33.3%
Communication
11.3%
Consumer Cyclical
7.8%
Energy
6.9%
Industrials
3.3%
Consumer Defensive
1.9%
Healthcare
0.6%
Other
0.4%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
27.1%High

Year-on-year price swings

Max drawdown
-53.3%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.72Decent risk-adjusted returns
Sortino (3Y)
1.01Good downside protection

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks to replicate the price and yield performance of the MVIS GDP Africa Index.
Strategy
Uses a passive investment approach to replicate the MVIS GDP Africa Index by investing at least 80% in securities of African companies, including small- and medium-capitalization firms. Concentrates in sectors like financials, basic materials, and communication services as represented in the Index.
Inception date
July 10, 2008
Fund family
VanEck

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Data updated on 2026-08-04