AFK
VanEck Africa Index ETF
AFK
VanEck Africa Index ETF
-
NAV$27.83
as of April 10, 2026 -
YTD RETURNS6.34%
as of April 10, 2026 -
Total Net Assets$123.82M
as of April 10, 2026 -
Gross Expense Ratio0.89%
-
Net Expense Ratio0.88%
-
Inception Date07/10/2008
Overview
Why AFK
- Africa Commodity ExposureProvides access to Africa's vast commodity resources and long-term growth potential
- Broad Regional DiversificationOffers exposure across a wide range of African countries and sectors
- Pure-Play African ExposureIncludes companies incorporated in Africa or generating at least 50% of revenues from the region
VanEck Africa Index ETF (AFK®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® GDP Africa Index (MVAFKTR), which includes local listings of companies that are incorporated in Africa and listings of companies incorporated outside of Africa but that have at least 50% of their revenues/related assets in Africa.
Performance
Average Annual Total Returns* (%)
| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR | LIFE 07/10/08 | |
|---|---|---|---|---|---|---|---|---|
| AFK (NAV) | -14.90 | -1.80 | -1.80 | 48.89 | 18.93 | 6.67 | 5.91 | -0.01 |
| AFK (Market Price) | -15.74 | -3.74 | -3.74 | 49.57 | 18.53 | 6.41 | 5.98 | -- |
| MVIS GDP Africa Index (Index) | -15.29 | -2.35 | -2.35 | 49.02 | 22.34 | 9.53 | 8.06 | 1.70 |
| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR | LIFE 07/10/08 | |
|---|---|---|---|---|---|---|---|---|
| AFK (NAV) | -14.90 | -1.80 | -1.80 | 48.89 | 18.93 | 6.67 | 5.91 | -0.01 |
| AFK (Market Price) | -15.74 | -3.74 | -3.74 | 49.57 | 18.53 | 6.41 | 5.98 | -- |
| MVIS GDP Africa Index (Index) | -15.29 | -2.35 | -2.35 | 49.02 | 22.34 | 9.53 | 8.06 | 1.70 |
Holdings
Book a 15-minute call to learn more about the holdings.
Daily Holdings (%) as of 04/09/2026
Download XLS|
Ticker
|
Holding Name |
% of Net Assets
|
Market Value (US$)
|
|---|---|---|---|
|
ATW MC |
Attijariwafa Bank |
6.88 |
8,441,069 |
|
EDV LN |
Endeavour Mining Plc |
4.53 |
5,555,280 |
|
AAL LN |
Anglo American Plc |
4.47 |
5,480,442 |
|
AAF LN |
Airtel Africa Plc |
4.32 |
5,303,209 |
|
GTCO NL |
Guaranty Trust Holding Co Plc |
3.81 |
4,672,810 |
|
NPN SJ |
Naspers Ltd |
3.46 |
4,249,998 |
|
GFI |
Gold Fields Ltd |
3.31 |
4,062,705 |
|
BCP MC |
Banque Centrale Populaire |
3.27 |
4,010,812 |
|
ZENITHBA NL |
Zenith Bank Plc |
3.24 |
3,980,092 |
|
MSA MC |
Societe D'Exploitation Des Ports |
2.95 |
3,619,231 |
|
IVN CN |
Ivanhoe Mines Ltd |
2.93 |
3,599,682 |
|
GLNG |
Golar Lng Ltd |
2.84 |
3,488,449 |
|
FM CN |
First Quantum Minerals Ltd |
2.66 |
3,267,431 |
|
SAFCOM KN |
Safaricom Plc |
2.61 |
3,196,563 |
|
FSR SJ |
Firstrand Ltd |
2.59 |
3,175,421 |
|
CBKD LI |
Commercial International Bank Egypt Sae |
2.53 |
3,102,534 |
|
AU |
Anglogold Ashanti Plc |
2.48 |
3,048,844 |
|
IAG |
Iamgold Corp |
2.21 |
2,706,933 |
|
SBK SJ |
Standard Bank Group Ltd |
2.17 |
2,661,180 |
|
EQTY KN |
Equity Group Holdings Plc/Kenya |
2.12 |
2,606,042 |
|
B |
Barrick Mining Corp |
1.99 |
2,439,555 |
|
BOA MC |
Bank Of Africa |
1.96 |
2,406,975 |
|
IAM MC |
Itissalat Al-Maghrib |
1.96 |
2,403,212 |
|
PRU AU |
Perseus Mining Ltd |
1.93 |
2,363,300 |
|
CPI SJ |
Capitec Bank Holdings Ltd |
1.91 |
2,342,573 |
|
VAL SJ |
Valterra Platinum Ltd |
1.65 |
2,018,978 |
|
MAU CN |
Montage Gold Corp |
1.62 |
1,991,401 |
|
MTN SJ |
Mtn Group Ltd |
1.55 |
1,905,746 |
|
PDN AU |
Paladin Energy Ltd |
1.40 |
1,719,848 |
|
HTWS LN |
Helios Towers Plc |
1.39 |
1,699,726 |
|
FSM |
Fortuna Silver Mines Inc |
1.38 |
1,689,557 |
|
IMP SJ |
Impala Platinum Holdings Ltd |
1.09 |
1,333,689 |
|
ABG SJ |
Absa Group Ltd |
1.02 |
1,249,261 |
|
MMYT |
Makemytrip Ltd |
0.86 |
1,057,634 |
|
SLM SJ |
Sanlam Ltd |
0.82 |
1,006,028 |
|
DSY SJ |
Discovery Ltd |
0.74 |
906,745 |
|
SBSW |
Sibanye Stillwater Ltd |
0.69 |
850,098 |
|
HMY |
Harmony Gold Mining Co Ltd |
0.68 |
829,279 |
|
SHP SJ |
Shoprite Holdings Ltd |
0.65 |
791,952 |
|
NED SJ |
Nedbank Group Ltd |
0.63 |
771,845 |
|
NPH SJ |
Northam Platinum Holdings Ltd |
0.63 |
767,822 |
|
BID SJ |
Bid Corp Ltd |
0.62 |
757,380 |
|
GGR SP |
Golden Agri-Resources Ltd |
0.60 |
734,176 |
|
SSL |
Sasol Ltd |
0.54 |
664,799 |
|
REM SJ |
Remgro Ltd |
0.52 |
633,005 |
|
RCL |
Royal Caribbean Cruises Ltd |
0.49 |
606,130 |
|
PPH SJ |
Pepkor Holdings Ltd |
0.40 |
488,125 |
|
BVT SJ |
Bidvest Group Ltd/The |
0.36 |
445,180 |
|
INVP LN |
Investec Plc |
0.34 |
417,894 |
|
OUT SJ |
Outsurance Group Ltd |
0.33 |
405,328 |
|
VOD SJ |
Vodacom Group Ltd |
0.33 |
402,220 |
|
CLS SJ |
Clicks Group Ltd |
0.32 |
397,684 |
|
PAF LN |
Pan African Resources Plc |
0.30 |
368,346 |
|
AVZ AU |
Avz Minerals Ltd |
0.27 |
335,044 |
|
EXX SJ |
Exxaro Resources Ltd |
0.26 |
320,738 |
|
OMU SJ |
Old Mutual Ltd |
0.26 |
313,615 |
|
MTM SJ |
Momentum Metropolitan Holdings |
0.23 |
285,627 |
|
GRT SJ |
Growthpoint Properties Ltd |
0.21 |
263,384 |
|
WHL SJ |
Woolworths Holdings Ltd/South Africa |
0.19 |
237,034 |
|
SCATC NO |
Scatec Asa |
0.17 |
214,593 |
|
APN SJ |
Aspen Pharmacare Holdings Ltd |
0.17 |
213,673 |
|
BTG |
B2gold Corp |
0.16 |
200,412 |
|
AVI SJ |
Avi Ltd |
0.16 |
190,869 |
|
MRP SJ |
Mr Price Group Ltd |
0.15 |
181,515 |
|
TBS SJ |
Tiger Brands Ltd |
0.14 |
175,543 |
|
ARI SJ |
African Rainbow Minerals Ltd |
0.14 |
168,310 |
|
KIO SJ |
Kumba Iron Ore Ltd |
0.11 |
135,090 |
|
DLTA ZH |
Delta Corp Ltd/Zimbabwe |
0.01 |
17,094 |
|
ECO ZH |
Econet Wireless Zimbabwe Ltd |
0.00 |
1,011 |
|
TNCI ZH |
Tn Cybertech Investments Holdings Ltd |
0.00 |
156 |
|
ABOAF MC |
Bank Of Africa |
0.00 |
0 |
|
-USD CASH- |
0.03 |
32,358 |
|
|
-ZAR CASH- |
0.00 |
6 |
|
|
-NOK CASH- |
0.00 |
3 |
|
|
-MAD CASH- |
0.00 |
-28 |
|
|
-GBP CASH- |
0.00 |
47 |
|
|
-EUR CASH- |
0.00 |
17 |
|
|
-AUD CASH- |
0.00 |
0 |
|
|
-- |
Other/Cash |
0.27 |
329,936 |
Portfolio
- Market Cap (% of Net Assets)
- Currency Exposure (%)
- Sector Weightings (%)
- Country Weightings (%)
Sector Weightings (%) as at 03/31/2026
-
Sector
% of Net Assets
Country Weightings (%) as at 03/31/2026
-
Country
% of Net Assets -
South Africa
33.46 -
Morocco
16.07 -
United Kingdom
9.25 -
Canada
6.97 -
Nigeria
6.59 -
Kenya
4.89 -
Australia
3.52 -
Bermuda
3.09 -
United States
2.92 -
Egypt
2.53 -
Zambia
2.53 -
Burkina Faso
2.25 -
United Arab Emirates
2.13 -
Côte D'Ivoire
1.70 -
Tanzania
1.34 -
India
0.83 -
Indonesia
0.62 -
Norway
0.18 -
Zimbabwe
0.02 -
Other/Cash
-0.88
Fees
Distributions
as of 04/10/2026
Annual
1.55%
0.98%
0.98%
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.
Team
Resources
Regulatory Information
-
Name
Frequency - Annually
- Annually
-
Statement of Additional Information (SAI)
Annually - Annually
- Annually
-
Annual Financial Statements & Other Information
Annually -
Semi-Annual Financial Statements & Other Information
Annually
Fund Documents
-
Name
Frequency - Daily
-
VanEck Tax Information & Distributions
Annually -
NAV & Premium/Discount History
Daily - Quarterly
- Annually
Thought Leadership
-
Name
Frequency