VanEck Africa Index ETF
Ticker
AFK
ISIN
US92189F866
Price
USD 15.80
Change Today
-0.28 / -1.741 %
Price 1 year ago
13.30 / 18.834 %
Morningstar
3
52 Week Low
12.91
52 Week High
17.25
200 Day Moving Average 15.51
15.51
50-day Moving Average
16.54
Price evolution
Yearly returns
Peers comparison
Risk factors
1 year
| Parameter | Value |
|---|---|
| Sharpe Ratio | 0.42 |
| Sortino Ratio | 0.05 |
| Maximum Drawdown | -4.86% |
| Maximum Drawdown Date | 2023-12-12 |
| Calmar Ratio | -4.75 |
1 year
| Parameter | Value |
|---|---|
| Return | 0.93 |
| Volatility | 7.308% |
| Alpha | -9.35 |
| Beta | None |
| R Squared | +86.74 |
History
| Parameter | Value |
|---|---|
| Average Annual Return | -0.619% |
| Average Annual Volatility | 23.104% |
| Sharpe Ratio | -0.03 |
| Sortino Ratio | -0.18 |
| Maximum Drawdown | -66.0% |
| Maximum Drawdown Date | 2020-03-20 |
| Calmar Ratio | 0.02 |
Company information
Summary
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® GDP Africa Index. The fund normallyinvests at least 80% of its total assets in securities that comprise the fund’s benchmark index. The index includes securities of African companies. African companies generally include local listings of companies that are incorporated in Africa and listings of companies incorporated outside of Africa but that have at least 50% of their revenues/related assets in Africa.
Market
US
Category
Miscellaneous Region
Expense Ratio
0.77%
Fund family
VanEck
Morningstar
3
Yield
0.03
Exchange
PCX
| Sector | Weight |
|---|---|
| Financial services | 28.79% |
| Communication services | 26.10% |
| Basic materials | 23.76% |
| Consumer defensive | 4.29% |
| Consumer cyclical | 3.82% |
| Energy | 2.86% |
| Healthcare | 1.48% |
| Industrials | 0.49% |
| Realestate | 0.46% |
| Utilities | 0.33% |
| Technology | 0.01% |
| Country | Ratio |
|---|---|
| South Africa | 28.36 |
| United Kingdom | 14.83 |
| Canada | 8.41 |
| Australia | 4.87 |
| United States | 2.40 |
| China | 1.70 |
| India | 0.52 |
| Norway | 0.12 |
| Argentina | 0.00 |
| Austria | 0.00 |
Holdings
| Symbol | Name | Allocation |
|---|---|---|
| NPN.JO | Naspers Ltd Class N | 8.07% |
| Safaricom PLC | 6.7% | |
| ATW | Attijariwafa Bank SA Registered Shares | 5.36% |
| IAM | Maroc Telecom SA | 4.6% |
| JMIA.DE | Jumia Technologies AG ADR | 4.49% |
| AAL.L | Anglo American PLC | 4.23% |
| GTCO | Guaranty Trust Holding Co PLC | 4.12% |
| CBKD | Commercial International Bank (Egypt) SAE GDR | 4.05% |
| MTNN | MTN Nigeria Communications PLC Ordinary Shares | 4.04% |
| IVN.TO | Ivanhoe Mines Ltd A | 3.45% |
Alternative funds
| Ticker | Name | Isin | Exchange | Expenses | Morningstar | Alpha | Beta |
|---|---|---|---|---|---|---|---|
| FR0011488972.PA | LFPI Frontier Africa | FR001148897 | YHD | 5 | |||
| FR0011488980.PA | LFPI Frontier Africa P | FR001148898 | YHD | 5 | |||
| IE00B3K66W22.IR | Sanlam African Frontier Markets A USD | IE00B3K66W22 | ISE | 4 | -2.03 | +1.02 | |
| IE00B3Q79R51.IR | Magna Africa R Acc | IE00B3Q79R51 | YHD | 4 | +9.46 | +0.79 | |
| IE00B62W0S35.IR | Sanlam African Frontier Markets D USD | IE00B62W0S35 | ISE | 1.14% | 4 | -2.03 | +1.02 |
| IE00B645HN47.IR | Russell Investment Company plc - Old Mutual African Frontiers Fund | IE00B645HN47 | YHD | 4 | -22.28 | +0.32 | |
| IE00BVDPS048.IR | HI Africa Opportunities D USD | IE00BVDPS048 | YHD | 5 | +4.16 | -0.09 |
Sustainability scores
Events
Indicators
Glossary
- Momentum
- A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
- Inertia
- In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
- Relative Strength Index (RSI)
- A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
- Fibonacci's Weighted Moving Average
- A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
- Williams %R
- A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
- Relative Volatility Index (RVI)
- A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
- Commodity Channel Index (CCI)
- A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.