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AFK VanEck Africa Index ETF Please read important disclosure Close important disclosure false

AFK
VanEck Africa Index ETF

AFK
VanEck Africa Index ETF

  • NAV
    $27.07

    as of January 08, 2026
  • YTD RETURNS
    3.44%

    as of January 08, 2026
  • Total Net Assets
    $121.80M

    as of January 08, 2026
  • Gross Expense Ratio
    0.89%
  • Net Expense Ratio
    0.88%
  • Inception Date
    07/10/2008

About AFK

VanEck Africa Index ETF (AFK®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® GDP Africa Index (MVAFKTR), which includes 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.

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Overview

Why AFK

  • Exposure to Africa’s vast commodity resources and growth potential
  • Access to a broad range of African countries and sectors
  • Invest in companies incorporated in Africa or generating at least 50% of revenues from the region

Performance

Performance History:

Average Annual Total Returns* (%)

View All ETFs View All Indices
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
07/10/08
AFK (NAV) 7.09 9.74 68.50 68.50 19.56 7.67 6.62 0.09
AFK (Share Price) 9.48 10.87 74.66 74.66 19.82 7.89 7.04 0.22
MVAFKTR (Index) 7.25 9.93 69.57 69.57 23.57 10.65 8.85 1.86
Performance Differential (NAV - Index) -0.16 -0.19 -1.07 -1.07 -4.01 -2.98 -2.23 -1.77
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
07/10/08
AFK (NAV) 7.09 9.74 68.50 68.50 19.56 7.67 6.62 0.09
AFK (Share Price) 9.48 10.87 74.66 74.66 19.82 7.89 7.04 0.22
MVAFKTR (Index) 7.25 9.93 69.57 69.57 23.57 10.65 8.85 1.86
Performance Differential (NAV - Index) -0.16 -0.19 -1.07 -1.07 -4.01 -2.98 -2.23 -1.77

*Returns less than one year are not annualized.

Index data prior to June 21, 2013 reflects that of the Dow Jones Africa Titans 50 Index (DJAFKT). From June 21, 2013, forward, the index data reflects that of the Fund's underlying index, MVIS GDP Africa Index (MVAFKTR), and is not intended for third party use.

The performance data quoted represents past performance. Past performance is not a guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance may be lower or higher than performance data quoted. Please call 800.826.2333 or visit vaneck.com for performance current to the most recent month ended.

Prices as of 01/08/2026

NAV/
Market
Price 		Volume
30-Day Avg./
Last Trading Day 		Daily Change
NAV/
Last Price 		YTD Change NAV/
Last Price 		Premium/
Discount 		30-Day
Median
Bid Ask
Spread 		NAV
Chart
AFK $27.07
$27.36 		61,420
41,100 		$-0.10 / -0.36%
$-0.04 / -0.15% 		+3.44%
+2.28% 		$0.29
1.08% 		0.75%

Fees

Holdings

Daily Holdings (%) as of 01/08/2026

Download XLS Get holdings
Total Holdings: 77
Ticker
 Holding Name % of Net
Assets
Identifier (FIGI)
Shares
 Asset Class Market Value
(US$) 		Notional Value
ATW MC
 Attijariwafa Bank 6.14
BBG000BMG377
91,355
 Stock 7,474,257 --
EDV LN
 Endeavour Mining Plc 4.96
BBG011DVVYT3
109,090
 Stock 6,037,952 --
AAF LN
 Airtel Africa Plc 4.84
BBG00PBWXCZ0
1,199,439
 Stock 5,896,707 --
NPN SJ
 Naspers Ltd 4.40
BBG000CTYB91
78,845
 Stock 5,353,450 --
AAL LN
 Anglo American Plc 4.18
BBG000BWF7M0
120,052
 Stock 5,090,980 --
IVN CN
 Ivanhoe Mines Ltd 3.84
BBG003CSCHG0
407,243
 Stock 4,672,004 --
GTCO NL
 Guaranty Trust Holding Co Plc 3.26
BBG011LN7CZ0
57,022,412
 Stock 3,967,404 --
PRU AU
 Perseus Mining Ltd 3.24
BBG000Q68231
1,019,192
 Stock 3,950,991 --
GFI US
 Gold Fields Ltd 3.20
BBG000KHT4K7
85,434
 Stock 3,892,373 --
BCP MC
 Banque Centrale Populaire 3.19
BBG000CQLKJ0
123,667
 Stock 3,885,823 --
MSA MC
 Societe D'Exploitation Des Ports 2.92
BBG00D2ZJ7N0
33,690
 Stock 3,551,772 --
B US
 Barrick Mining Corp 2.91
BBG000BB07P9
74,657
 Stock 3,541,728 --
FSR SJ
 Firstrand Ltd 2.83
BBG000BNTS67
618,370
 Stock 3,451,023 --
SAFCOM KN
 Safaricom Plc 2.77
BBG000RLQYC7
14,937,757
 Stock 3,376,779 --
FM CN
 First Quantum Minerals Ltd 2.59
BBG000BX7818
115,121
 Stock 3,152,236 --
AU US
 Anglogold Ashanti Plc 2.50
BBG01HGVLP51
33,491
 Stock 3,049,690 --
IAG US
 Iamgold Corp 2.50
BBG000LL9LQ5
178,354
 Stock 3,039,152 --
CBKD LI
 Commercial International Bank Egypt Sae 2.34
BBG000CLC0L2
1,253,355
 Stock 2,844,142 --
ZENITHBA NL
 Zenith Bank Plc 2.19
BBG000NDS8Y0
56,578,162
 Stock 2,664,092 --
EQTY KN
 Equity Group Holdings Plc/Kenya 2.17
BBG000F2R4W5
4,896,361
 Stock 2,638,985 --
FSM US
 Fortuna Silver Mines Inc 2.15
BBG000LDZ482
262,820
 Stock 2,617,687 --
PDN AU
 Paladin Energy Ltd 2.06
BBG000BC8GS6
342,103
 Stock 2,512,480 --
SBK SJ
 Standard Bank Group Ltd 2.05
BBG000BQR991
140,907
 Stock 2,497,022 --
IAM MC
 Itissalat Al-Maghrib 1.92
BBG000BNT7Q1
191,691
 Stock 2,342,828 --
CPI SJ
 Capitec Bank Holdings Ltd 1.91
BBG000D4HYB1
9,135
 Stock 2,328,572 --
VAL SJ
 Valterra Platinum Ltd 1.69
BBG000BTXNT5
24,294
 Stock 2,062,451 --
MMYT US
 Makemytrip Ltd 1.55
BBG000BB34J0
22,815
 Stock 1,882,466 --
MTN SJ
 Mtn Group Ltd 1.40
BBG000C4S5Y8
159,332
 Stock 1,710,569 --
BOA MC
 Bank Of Africa 1.38
BBG000J1QX23
68,257
 Stock 1,682,518 --
HTWS LN
 Helios Towers Plc 1.24
BBG00K7MFFV5
667,168
 Stock 1,507,472 --
ABG SJ
 Absa Group Ltd 1.23
BBG000BF9DG8
100,372
 Stock 1,496,380 --
IMP SJ
 Impala Platinum Holdings Ltd 1.10
BBG000BTZK82
82,827
 Stock 1,335,752 --
SLM SJ
 Sanlam Ltd 0.92
BBG000CDQK77
181,219
 Stock 1,119,161 --
SBSW US
 Sibanye Stillwater Ltd 0.90
BBG00RRGP445
71,198
 Stock 1,090,753 --
HMY US
 Harmony Gold Mining Co Ltd 0.85
BBG000BX93G1
50,110
 Stock 1,032,767 --
CSR MC
 Co Sucrerie Marocaine Et De Raffinage 0.77
BBG000BQDJ58
41,205
 Stock 943,590 --
DSY SJ
 Discovery Ltd 0.70
BBG000DD6054
61,071
 Stock 847,497 --
RCL US
 Royal Caribbean Cruises Ltd 0.69
BBG000BB5792
2,758
 Stock 839,342 --
SHP SJ
 Shoprite Holdings Ltd 0.66
BBG000BFNXZ7
48,059
 Stock 804,267 --
NED SJ
 Nedbank Group Ltd 0.65
BBG000BFSBW3
47,404
 Stock 793,365 --
BID SJ
 Bid Corp Ltd 0.63
BBG00CP99BP5
31,457
 Stock 772,509 --
NPH SJ
 Northam Platinum Holdings Ltd 0.60
BBG0125542Z0
35,096
 Stock 724,747 --
REM SJ
 Remgro Ltd 0.49
BBG000C55RJ9
53,537
 Stock 593,423 --
GGR SP
 Golden Agri-Resources Ltd 0.41
BBG000BK1581
2,259,900
 Stock 501,226 --
INVP LN
 Investec Plc 0.40
BBG000C0TDQ7
64,095
 Stock 487,627 --
CLS SJ
 Clicks Group Ltd 0.35
BBG000BWY9T8
20,812
 Stock 424,994 --
VOD SJ
 Vodacom Group Ltd 0.33
BBG000BD5GF1
45,812
 Stock 403,664 --
SSL US
 Sasol Ltd 0.30
BBG000BBNC37
56,815
 Stock 364,184 --
OMU SJ
 Old Mutual Ltd 0.29
BBG00KRBWLT8
388,435
 Stock 355,203 --
PPH SJ
 Pepkor Holdings Ltd 0.28
BBG00HDGJ2C4
214,402
 Stock 341,088 --
OUT SJ
 Outsurance Group Ltd 0.27
BBG001BNQDW2
77,861
 Stock 326,459 --
BVT SJ
 Bidvest Group Ltd/The 0.25
BBG000BFBR74
20,303
 Stock 301,335 --
WHL SJ
 Woolworths Holdings Ltd/South Africa 0.24
BBG000BV1BQ4
82,317
 Stock 286,580 --
GRT SJ
 Growthpoint Properties Ltd 0.23
BBG000BFGWM1
258,065
 Stock 280,311 --
EXX SJ
 Exxaro Resources Ltd 0.23
BBG000CF7Z98
24,389
 Stock 277,141 --
AVZ AU
 Avz Minerals Ltd 0.21
BBG000GDY0D1
1,399,901
 Stock 252,248 --
MTM SJ
 Momentum Metropolitan Holdings 0.20
BBG000K2YQD3
105,294
 Stock 249,333 --
TBS SJ
 Tiger Brands Ltd 0.20
BBG000C3KV44
10,398
 Stock 239,191 --
BTG US
 B2gold Corp 0.20
BBG000V9KFD5
52,825
 Stock 237,713 --
MRP SJ
 Mr Price Group Ltd 0.18
BBG000BTPJN9
21,319
 Stock 218,123 --
AVI SJ
 Avi Ltd 0.18
BBG000BF9VM1
32,330
 Stock 216,143 --
APN SJ
 Aspen Pharmacare Holdings Ltd 0.16
BBG000BP97L3
28,780
 Stock 195,686 --
SCATC NO
 Scatec Asa 0.13
BBG00747Z8D4
15,166
 Stock 160,838 --
KIO SJ
 Kumba Iron Ore Ltd 0.13
BBG000PPVK43
7,064
 Stock 154,267 --
ARI SJ
 African Rainbow Minerals Ltd 0.11
BBG000BP6Q52
11,574
 Stock 138,932 --
LHC SJ
 Life Healthcare Group Holdings Ltd 0.08
BBG000BC1ND4
145,747
 Stock 100,511 --
DLTA ZH
 Delta Corp Ltd/Zimbabwe 0.01
BBG000BLMWL2
15,980
 Stock 17,360 --
ECO ZH
 Econet Wireless Zimbabwe Ltd 0.00
BBG000C90H80
2,231
 Stock 612 --
TNCI ZH
 Tn Cybertech Investments Holdings Ltd 0.00
BBG00MTHXTT1
32,900
 Stock 173 --
ABOAF MC
 Bank Of Africa 0.00
BBG01XWNWRL2
15
 Stock 0 --
-USD CASH-
 1.95
--
2,377,676
 Cash Bal 2,377,676 --
-ZAR CASH-
 0.00
--
104
 Cash Bal 6 --
-NOK CASH-
 0.00
--
19
 Cash Bal 2 --
-MAD CASH-
 0.00
--
71
 Cash Bal 8 --
-GBP CASH-
 0.00
--
35
 Cash Bal 47 --
-EUR CASH-
 0.00
--
21
 Cash Bal 25 --
-AUD CASH-
 0.00
--
0
 Cash Bal 0 --
--
Other/Cash -1.79
--
0
 Cash -2,179,200 --
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These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Portfolio

3-YR Risk Measures as of 12/31/2025

  • Beta vs. S&P 500 Index
    1.08
  • Correlation vs. S&P 500 Index
    0.75
  • Volatility (Standard Deviation)
    16.81
  • Sharpe Ratio
    0.86

Currency Exposure (%) as of 12/31/2025

South African Rand 25.33
U.S. Dollar 19.78
Moroccan Dirham 16.67
British Pound 15.55
Canadian Dollar 6.56
Australian Dollar 5.32
Nigeria Naira 5.09
Kenyan Shilling 4.94
Singapore Dollar 0.42
Norwegian Krone 0.14
Zimbabwe Gold 0.01
Other/Cash 0.19

Sector Weightings (%) as at 12/31/2025

  • Sector

    % of Net Assets

  • Materials

    38.04

  • Financials

    32.59

  • Communication Services

    12.56

  • Consumer Discretionary

    7.42

  • Consumer Staples

    3.29

  • Industrials

    3.23

  • Energy

    2.06

  • Health Care

    0.26

  • Real Estate

    0.23

  • Utilities

    0.14

  • Other/Cash

    0.19

Country Weightings (%) as at 12/31/2025

  • Country

    % of Net Assets

  • South Africa

    34.80

  • Morocco

    14.73

  • United Kingdom

    10.03

  • Canada

    9.09

  • Australia

    5.32

  • Nigeria

    5.09

  • Kenya

    4.94

  • United States

    3.08

  • Zambia

    2.62

  • Burkina Faso

    2.50

  • Egypt

    2.27

  • United Arab Emirates

    1.94

  • India

    1.59

  • Tanzania

    1.25

  • Indonesia

    0.42

  • Norway

    0.14

  • Zimbabwe

    0.01

  • Other/Cash

    0.19

Distributions

Yields  as of  01/08/2026

Distribution Frequency

Annual

30-Day SEC Yield

1.39%

Distribution Yield

1.00%

12 Month Yield

1.00%

Yield information reflects temporary waivers of expenses and/or fees. Yields would have been reduced had these fees/expenses been included. In the absence of temporary expense waivers or reimbursements, the 30-Day SEC Yield for VanEck Africa Index ETF would have been 1.39% on 01/08/26. Distributions may vary from time to time.

Distribution History

Year Ex-date Record
Date 		Payable date Dividend
Income‡ 		Short-Term
Capital Gains 		Long-Term
Capital Gains 		Return of
Capital 		Total
Distributions
2025 12/22/2025 12/22/2025 12/26/2025 $ 0.2716 -- -- -- $ 0.27
2024 12/23/2024 12/23/2024 12/24/2024 -- -- -- -- $ 0.00
2023 12/18/2023 12/19/2023 12/22/2023 $ 0.3136 -- -- -- $ 0.31
2022 12/19/2022 12/20/2022 12/23/2022 $ 0.5759 -- -- -- $ 0.58
2021 12/20/2021 12/21/2021 12/27/2021 $ 0.8390 -- -- -- $ 0.84
2020 12/21/2020 12/22/2020 12/28/2020 $ 0.7960 -- -- -- $ 0.80
2019 12/23/2019 12/24/2019 12/30/2019 $ 1.2858 -- -- -- $ 1.29
2018 12/20/2018 12/21/2018 12/27/2018 $ 0.3360 -- -- -- $ 0.34
2017 12/18/2017 12/19/2017 12/22/2017 $ 0.4940 -- -- -- $ 0.49
2016 12/19/2016 12/21/2016 12/23/2016 $ 0.5280 -- -- -- $ 0.53
2015 12/21/2015 12/23/2015 12/28/2015 $ 0.3850 -- -- -- $ 0.39
2014 12/22/2014 12/24/2014 12/29/2014 $ 0.7570 -- -- -- $ 0.76
2013 12/23/2013 12/26/2013 12/30/2013 $ 0.8290 -- -- -- $ 0.83
2012 12/24/2012 12/27/2012 12/31/2012 $ 1.0630 -- -- -- $ 1.06
2011 12/23/2011 12/28/2011 12/30/2011 $ 0.9710 -- -- -- $ 0.97
2010 12/23/2010 12/28/2010 12/30/2010 $ 0.3840 -- -- -- $ 0.38
2009 12/23/2009 12/28/2009 12/30/2009 $ 0.2290 -- -- -- $ 0.23
2008 12/26/2008 12/29/2008 12/31/2008 $ 0.1900 -- -- -- $ 0.19

‡All registered investment companies are obliged to distribute portfolio gains to shareholders at yearend regardless of performance. Trading VanEck ETFs will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer. There is no guarantee that dividends will be paid. To receive a distribution, you must have been a registered shareholder of the relevant VanEck ETFs on the record date. Distributions are paid to shareholders on the payment date. Past distributions are not indicative of future distributions.

Certain distributions may constitute a return of capital, which will have the effect of reducing your cost basis in the Fund’s shares and thereby increasing the amount of capital gain, if any, or decreasing the amount of capital loss, if any, that you will realize when selling or exchanging Fund shares. The final determination of the tax characteristics cannot be determined until after each Fund’s yearend and are reported to shareholders on Form 1099-DIV. The form is mailed to shareholders shortly after calendar yearend specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distribution on a shareholder’s tax return.

The tax treatment and characterization of the Fund’s distributions may vary significantly from time to time depending on whether the Fund has gains or losses on the securities in its portfolio. The Fund’s distributions will normally reflect past and projected net investment income, and may include income from dividends and interest, capital gains and/or a return of capital. The final composition of the tax characteristics of the distributions cannot be determined with certainty until after the end of the year, and will be reported to shareholders at that time. The amount of distributions will vary, depending on a number of factors. As portfolio and market conditions change, the rate of dividends may change. There can be no assurance that the Fund will be able to declare a dividend distribution in each period. Past performance is no guarantee of future results.

Click here to access more detailed yearend tax information

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Literature

AFK