How have AFK shares performed in 2023?

VanEck Africa Index ETF's stock was trading at $16.06 at the beginning of the year. Since then, AFK shares have decreased by 13.1% and is now trading at $13.96. View the best growth stocks for 2023 here .

What does AFK invest in?

VanEck Africa Index ETF is a equity fund issued by Van Eck. AFK focuses on emerging markets investments and follows the Market Vectors GDP Africa Index. The fund's investments total to approximately $41.10 million assets under management.

What stocks does VanEck Africa Index ETF hold?

AFK invests in 82 holdings. Some of the stocks in their portfolio include ProShares UltraPro Short Communication Services Select Sector (SCOM) , Kosmos Energy (KOS) , Kovitz Core Equity ETF (EQTY) , AngloGold Ashanti (AU) , Sasol (SSL) , MakeMyTrip (MMYT) , Sibanye Stillwater (SBSW) and Royal Caribbean Cruises (RCL) .

What is the management fee for VanEck Africa Index ETF?

VanEck Africa Index ETF's management fee is 0.50% and has other expenses of 0.42%. However, AFK has a fee waiver of -0.13% to reimburse the expenses. The net expense ratio for AFK is 0.79%.

What other stocks do shareholders of VanEck Africa Index ETF own?

Based on aggregate information from My MarketBeat watchlists, some companies that other VanEck Africa Index ETF investors own include Arbor Realty Trust (ABR) , Crown Castle (CCI) , Digital Realty Trust (DLR) , Fortinet (FTNT) , Home Depot (HD) , Keysight Technologies (KEYS) , MFA Financial (MFA) , Medical Properties Trust (MPW) , NextEra Energy (NEE) and Paycom Software (PAYC) .

How do I buy shares of VanEck Africa Index ETF?

Shares of AFK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

VanEck Africa Index ETF (AFK) Price, Holdings, & News

$13.96

+0.28 (+2.05%)

(As of 12/8/2023 ET)

Compare

Today's Range: $13.70
▼
$13.99
50-Day Range: $13.06
▼
$14.25
52-Week Range: $12.96
▼
$17.67

Volume: 6,709 shs
Average Volume: 11,297 shs
Market Capitalization: $43.28 million

Assets Under Management: $41.10 million
Dividend Yield: 4.15%
Net Expense Ratio: 0.79%

Stock Analysis Chart Headlines Holdings Ownership Ratings

About VanEck Africa Index ETF

The VanEck Africa Index ETF (AFK) is an exchange-traded fund that is based on the MVIS GDP Africa index, a GDP and market-cap-weighted index of companies generating a majority of their revenues in Africa. AFK was launched on Jul 10, 2008 and is managed by VanEck.

AFK Stock Price History

30 days | 90 days | 365 days | Advanced Chart

AFK ETF News Headlines

December 1, 2023 | msn.com

iShares iBonds Dec 2030 Term Corporate ETF declares monthly distribution of $0.0790

November 6, 2023 | ft.com

Investors in ‘synthetic’ ETF nursing losses after Nigeria pulled from index

December 10, 2023 | Autonomix (Ad)

How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology

Autonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com

October 23, 2023 | seekingalpha.com

BIZD VanEck BDC Income ETF

September 4, 2023 | msn.com

VanEck Vectors Short Municipal Index ETF declares monthly distribution of $0.0245

July 12, 2023 | fool.com

VanEck Vectors ETF Trust - VanEck Vectors Africa Index ETF (NYSEMKT: AFK)

May 24, 2023 | msn.com

Unusual Put Option Trade in VanEck ETF Trust - VanEck Gold Miners ETF (GDX) Worth $980.00K

April 4, 2023 | marketwatch.com

Trading Vaneck Oil Services Etf $OIH With Integrated Risk Controls

December 10, 2023 | Autonomix (Ad)

How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology

March 28, 2023 | seekingalpha.com

AFK VanEck Vectors Africa Index ETF

See More Headlines

Receive AFK Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for VanEck Africa Index ETF and its competitors with MarketBeat's FREE daily newsletter.

Fund Details

Issuer: Van Eck
Fund Name: VanEck Africa Index ETF
Tax Classification: Regulated Investment Company
Stock Exchange: NYSEARCA
Current Symbol: NYSEARCA:AFK
Inception Date: 7/10/2008
Fund Manager: Hao-Hung Peter Liao, Guo Hua Jason Jin
Web: N/A
Phone: N/A

Fund Focus

Asset Class: Equity
Benchmark: Market Vectors GDP Africa Index
Category: Broad Equity
Focus: Emerging Markets
Development Level: Emerging Markets
Region: Middle East & Africa
Number of Holdings: 82

Fund Statistics

Assets Under Management: $41.10 million
Average Daily Volume: $8,512.70
Discount/Premium: 0.03%

Administrator, Advisor and Custodian

Administrator: Van Eck Associates Corporation
Advisor: Van Eck Associates Corporation
Custodian: State Street Bank and Trust Company
Distributor: Van Eck Securities Corporation
Transfer Agent: State Street Bank and Trust Company
Trustee: N/A
Lead Market Maker: Virtu Financial

Options

Optionable: Optionable
Options Volume: 3
Put Options: 3
Call Options: 1
Short Interest: 4,800 shs

Miscellaneous

Outstanding Shares: 3,100,000
Beta: 0.97
Creation Unit: 50,000
Creation Fee: $1,000.00

5G Stocks: The Path Forward is Profitable

Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report

VanEck Africa Index ETF Expenses

Type	AFK	Emerging Markets ETFs	Equity ETFs	NYSEARCA ETFs	All ETFs
Management Fee	0.50%	0.73%	0.53%	0.50%	0.51%
Other Expenses	0.42%	0.48%	0.54%	0.64%	0.57%
Total Expense	0.92%	1.11%	0.70%	0.73%	0.70%
Fee Waiver	-0.13%	-0.36%	-0.54%	-0.69%	-0.57%
Net Expense	0.79%	0.96%	0.60%	0.57%	0.57%

VanEck Africa Index ETF (AFK) Holdings & Exposure

Top 10 AFK Holdings

Nigerian Naira
Holding Weight: 7.63%
Attijariwafa Bank SA Registered Shares
Holding Weight: 5.66%
Ivanhoe Mines Ltd Class A
Holding Weight: 5.00%
Banque Centrale Populaire SA
Holding Weight: 4.40%
CMOC Group Ltd Class H
Holding Weight: 4.00%
Anglo American PLC
Holding Weight: 3.86%
Maroc Telecom SA Shs. Itissalat Al-Maghrib
Holding Weight: 3.53%
Commercial International Bank (Egypt) SAE DR
Holding Weight: 3.29%
Firstrand Ltd
Holding Weight: 3.05%
Naspers Ltd Class N
Holding Weight: 2.82%

AFK Sector Exposure

AFK Industry Exposure

Full Holdings Details

Similar ETFs

AFK ETF - Frequently Asked Questions

How have AFK shares performed in 2023?: VanEck Africa Index ETF's stock was trading at $16.06 at the beginning of the year. Since then, AFK shares have decreased by 13.1% and is now trading at $13.96.
View the best growth stocks for 2023 here.
What does AFK invest in?: VanEck Africa Index ETF is a equity fund issued by Van Eck. AFK focuses on emerging markets investments and follows the Market Vectors GDP Africa Index. The fund's investments total to approximately $41.10 million assets under management.
What stocks does VanEck Africa Index ETF hold?: AFK invests in 82 holdings. Some of the stocks in their portfolio include ProShares UltraPro Short Communication Services Select Sector (SCOM), Kosmos Energy (KOS), Kovitz Core Equity ETF (EQTY), AngloGold Ashanti (AU), Sasol (SSL), MakeMyTrip (MMYT), Sibanye Stillwater (SBSW) and Royal Caribbean Cruises (RCL).
What is the management fee for VanEck Africa Index ETF?: VanEck Africa Index ETF's management fee is 0.50% and has other expenses of 0.42%. However, AFK has a fee waiver of -0.13% to reimburse the expenses. The net expense ratio for AFK is 0.79%.

What other stocks do shareholders of VanEck Africa Index ETF own?: Based on aggregate information from My MarketBeat watchlists, some companies that other VanEck Africa Index ETF investors own include Arbor Realty Trust (ABR), Crown Castle (CCI), Digital Realty Trust (DLR), Fortinet (FTNT), Home Depot (HD), Keysight Technologies (KEYS), MFA Financial (MFA), Medical Properties Trust (MPW), NextEra Energy (NEE) and Paycom Software (PAYC).
How do I buy shares of VanEck Africa Index ETF?: Shares of AFK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSEARCA:AFK) was last updated on 12/10/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial