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Trending ETFs

Name

As of 07/12/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$16.82

$42.6 M

1.86%

$0.31

1.47%

Vitals

YTD Return

21.9%

1 yr return

12.1%

3 Yr Avg Return

-5.0%

5 Yr Avg Return

-1.3%

Net Assets

$42.6 M

Holdings in Top 10

38.8%

52 WEEK LOW AND HIGH

$16.5
$12.91
$16.82

Expenses

OPERATING FEES

Expense Ratio 1.47%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 07/12/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$16.82

$42.6 M

1.86%

$0.31

1.47%

AFK - Profile

Distributions

  • YTD Total Return 21.9%
  • 3 Yr Annualized Total Return -5.0%
  • 5 Yr Annualized Total Return -1.3%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 1.9%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    VanEck Africa Index ETF
  • Fund Family Name
    VANECKFUND
  • Inception Date
    Jul 14, 2008
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

The Fund normally invests at least 80% of its total assets in securities that comprise the Fund’s benchmark index. The Africa 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. Such companies may include small- and medium-capitalization companies. Subject to country and issuer limitations, the country weightings in the Africa Index are based on their relative gross domestic product (“GDP”) weights as compared to all other countries represented in the Africa Index. As of December 31, 2023, the Africa Index included 70 securities of companies with a
market capitalization range of between approximately $0.81 billion and $33.18 billion and a weighted average market capitalization of $9.68 billion. These amounts are subject to change. The Fund’s 80% investment policy is non-fundamental and may be changed without shareholder approval upon 60 days’ prior written notice to shareholders.
The Fund, using a “passive” or indexing investment approach, attempts to approximate the investment performance of the Africa Index by investing in a portfolio of securities that generally replicates the Africa Index. Unlike many investment companies that try to “beat” the performance of a benchmark index, the Fund does not try to “beat” the Africa Index and does not seek temporary defensive positions that are inconsistent with its investment objective of seeking to replicate the Africa Index.
The Fund may concentrate its investments in a particular industry or group of industries to the extent that the Africa Index concentrates in an industry or group of industries. As of December 31, 2023, each of the financials, basic materials and communication services sectors represented a significant portion of the Fund.
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AFK - Performance

Return Ranking - Trailing

Period AFK Return Category Return Low Category Return High Rank in Category (%)
YTD 21.9% N/A N/A N/A
1 Yr 12.1% N/A N/A N/A
3 Yr -5.0%* N/A N/A N/A
5 Yr -1.3%* N/A N/A N/A
10 Yr -3.5%* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period AFK Return Category Return Low Category Return High Rank in Category (%)
2023 -14.1% N/A N/A N/A
2022 -20.2% N/A N/A N/A
2021 -1.3% N/A N/A N/A
2020 0.5% N/A N/A N/A
2019 3.2% N/A N/A N/A

Total Return Ranking - Trailing

Period AFK Return Category Return Low Category Return High Rank in Category (%)
YTD 21.9% N/A N/A N/A
1 Yr 12.1% N/A N/A N/A
3 Yr -5.0%* N/A N/A N/A
5 Yr -1.3%* N/A N/A N/A
10 Yr -3.5%* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period AFK Return Category Return Low Category Return High Rank in Category (%)
2023 -12.1% N/A N/A N/A
2022 -17.3% N/A N/A N/A
2021 3.0% N/A N/A N/A
2020 4.4% N/A N/A N/A
2019 9.8% N/A N/A N/A

AFK - Holdings

Concentration Analysis

AFK Category Low Category High AFK % Rank
Net Assets 42.6 M N/A N/A N/A
Number of Holdings 74 N/A N/A N/A
Net Assets in Top 10 15.9 M N/A N/A N/A
Weighting of Top 10 38.79% N/A N/A N/A

Top 10 Holdings

  1. Ivanhoe Mines Ltd 4.58%
  2. Anglo American PLC 4.50%
  3. Airtel Africa PLC 4.24%
  4. Attijariwafa Bank 4.16%
  5. Banque Centrale Populaire 3.98%
  6. Commercial International Bank - Egypt (CIB) 3.78%
  7. Itissalat Al-Maghrib 3.74%
  8. CMOC Group Ltd 3.56%
  9. Safaricom PLC 3.28%
  10. FirstRand Ltd 2.97%

Asset Allocation

Weighting Return Low Return High AFK % Rank
Stocks
99.81% N/A N/A N/A
Cash
1.02% N/A N/A N/A
Preferred Stocks
0.00% N/A N/A N/A
Other
0.00% N/A N/A N/A
Convertible Bonds
0.00% N/A N/A N/A
Bonds
0.00% N/A N/A N/A

Stock Sector Breakdown

Weighting Return Low Return High AFK % Rank
Utilities
0.00% N/A N/A N/A
Technology
0.00% N/A N/A N/A
Real Estate
0.00% N/A N/A N/A
Industrials
0.00% N/A N/A N/A
Healthcare
0.00% N/A N/A N/A
Financial Services
0.00% N/A N/A N/A
Energy
0.00% N/A N/A N/A
Communication Services
0.00% N/A N/A N/A
Consumer Defense
0.00% N/A N/A N/A
Consumer Cyclical
0.00% N/A N/A N/A
Basic Materials
0.00% N/A N/A N/A

Stock Geographic Breakdown

Weighting Return Low Return High AFK % Rank
Non US
82.79% N/A N/A N/A
US
17.02% N/A N/A N/A

AFK - Expenses

Operational Fees

AFK Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.47% N/A N/A N/A
Management Fee 0.50% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

AFK Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

AFK Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

AFK Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

AFK - Distributions

Dividend Yield Analysis

AFK Category Low Category High AFK % Rank
Dividend Yield 1.86% N/A N/A N/A

Dividend Distribution Analysis

AFK Category Low Category High Category Mod
Dividend Distribution Frequency Annual

Net Income Ratio Analysis

AFK Category Low Category High AFK % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

AFK Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

AFK - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A