AFK vs GSEU
Comparison between VANECK AFRICA INDEX ETF (AFK, ETF) and GOLDMAN SACHS ACTIVEBETA(R) EUROPE EQUITY ETF (GSEU, ETF).
5-Year PerformanceGSEU has outperformed AFK, delivering a return of +8.9% compared to +6.5%
AFK vs GSEU - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
AFK
$117M
Winner
GSEU
$117M
Expense Ratio
AFK
0.76%
Winner
GSEU
0.25%
Max Drawdown
AFK
72.33%
Winner
GSEU
39.42%
Sharpe Ratio
Winner
AFK
1.21
GSEU
1.05
5Y Beta
AFK
0.91
Winner
GSEU
0.67
5Y Dividends CAGR
AFK
-33.46%
Winner
GSEU
15.50%
AFK vs GSEU - Holdings Comparison
AFK and GSEU have 1 common holdings. Overlap is 0.00%
AFK's top 25 holdings weight is 76.65%. GSEU's top 25 holdings weight is 31.46%.
| Rank | AFK | GSEU |
|---|---|---|
| #1 | ATTIJARIWAFA BANK SA REGISTERED SHARES (n/a) - 7.11% | ASML HOLDING NV (n/a) - 4.50% |
| #2 | ANGLO AMERICAN PLC (n/a) - 5.12% | n/a (n/a) - 1.95% |
| #3 | GUARANTY TRUST HOLDING CO PLC (n/a) - 4.26% | NOVARTIS AG REGISTERED SHARES (n/a) - 1.90% |
| #4 | AIRTEL AFRICA PLC ORDINARY SHARES (n/a) - 4.10% | ROCHE HOLDING AG ORDINARY SHARES NEW (n/a) - 1.86% |
| #5 | ZENITH BANK PLC (n/a) - 3.98% | HSBC HOLDINGS PLC (n/a) - 1.75% |
| #6 | ENDEAVOUR MINING PLC (n/a) - 3.67% | ASTRAZENECA PLC (AZN:XLON) - 1.69% |
| #7 | NASPERS LTD CLASS N (n/a) - 3.61% | GOLDMAN SACHS FS TREASURY OBLIGS INSTL (FTOXX) - 1.68% |
| #8 | BANQUE CENTRALE POPULAIRE SA (n/a) - 3.44% | SHELL PLC (n/a) - 1.37% |
| #9 | SODEP -MARSA MAROC SA (n/a) - 3.16% | BANCO SANTANDER SA (n/a) - 1.28% |
| #10 | IVANHOE MINES LTD CLASS A (IVPAF) - 3.14% | NESTLE SA (n/a) - 1.21% |
| #11 | FIRST QUANTUM MINERALS LTD (FQVLF) - 3.03% | SIEMENS AG (n/a) - 1.18% |
| #12 | SAFARICOM PLC (n/a) - 2.99% | ALLIANZ SE (n/a) - 1.01% |
| #13 | GOLAR LNG LTD (GLNG) - 2.91% | TOTALENERGIES SE (TTE) - 0.90% |
| #14 | FIRSTRAND LTD (n/a) - 2.86% | SAP SE (n/a) - 0.90% |
| #15 | n/a (CMGGF) - 2.82% | NOVO NORDISK AS CLASS B (n/a) - 0.83% |
| #16 | GOLD FIELDS LTD ADR (GFI) - 2.44% | IBERDROLA SA (n/a) - 0.80% |
| #17 | EQUITY GROUP HOLDINGS LTD (n/a) - 2.37% | BANCO BILBAO VIZCAYA ARGENTARIA SA (n/a) - 0.80% |
| #18 | STANDARD BANK GROUP LTD (n/a) - 2.21% | KONINKLIJKE AHOLD DELHAIZE NV (n/a) - 0.79% |
| #19 | CAPITEC BANK HOLDINGS LTD (n/a) - 2.05% | SIEMENS ENERGY AG ORDINARY SHARES (n/a) - 0.78% |
| #20 | BANK OF AFRICA (n/a) - 2.03% | SCHNEIDER ELECTRIC SE (n/a) - 0.77% |
| #21 | n/a (n/a) - 2.02% | GSK PLC (n/a) - 0.76% |
| #22 | ANGLOGOLD ASHANTI PLC (AU) - 1.93% | BOUYGUES (n/a) - 0.72% |
| #23 | BARRICK MINING CORP (n/a) - 1.87% | ABB LTD (n/a) - 0.68% |
| #24 | IAMGOLD CORP (n/a) - 1.78% | BNP PARIBAS ACT. CAT.A (n/a) - 0.68% |
| #25 | MTN GROUP LTD (n/a) - 1.75% | L'OREAL SA (n/a) - 0.67% |
| Total Holdings | 78 | 347 |
AFK vs GSEU - Historical Returns
Returns include dividend reinvestment.
1M
AFK
-1.62%
Winner
GSEU
+2.61%
3M
AFK
+2.72%
Winner
GSEU
+9.12%
6M
AFK
+3.21%
Winner
GSEU
+8.91%
1Y
Winner
AFK
+37.39%
GSEU
+20.73%
5Y(CAGR)
AFK
+6.46%
Winner
GSEU
+8.93%
10Y(CAGR)
AFK
+5.77%
Winner
GSEU
+9.96%
Max(CAGR)
AFK
+0.05%
Winner
GSEU
+9.54%
AFK vs GSEU - Annual Returns (2008 - 2026)
Returns include dividend reinvestment.
| Year | AFK | GSEU |
|---|---|---|
| 2026 | +0.27% | +6.71% |
| 2025 | +72.02% | +36.61% |
| 2024 | +10.11% | +3.19% |
| 2023 | -12.91% | +19.66% |
| 2022 | -17.78% | -18.32% |
| 2021 | +1.48% | +15.89% |
| 2020 | +3.16% | +5.86% |
| 2019 | +10.34% | +25.35% |
| 2018 | -20.46% | -14.27% |
| 2017 | +28.25% | +27.21% |
| 2016 | +15.26% | +2.19% |
| 2015 | -30.21% | N/A |
| 2014 | -12.13% | N/A |
| 2013 | -0.02% | N/A |
| 2012 | +23.81% | N/A |
| 2011 | -24.21% | N/A |
| 2010 | +22.54% | N/A |
| 2009 | +29.78% | N/A |
| 2008 | -48.30% | N/A |
AFK vs GSEU Drawdown Comparison
The maximum drawdown for AFK was -62.49%, occurring on Mar 20, 2020. Recovery took 4389 trading sessions.
The maximum drawdown for GSEU was -35.71%, occurring on Mar 18, 2020. Recovery took 213 trading sessions.
The current AFK drawdown is -13.08%. The current GSEU drawdown is -0.73%.
| Rank | AFK | GSEU |
|---|---|---|
| #1 | -62.49% Jul 15, 2008 - Dec 23, 2025 | -35.71% Jan 17, 2020 - Nov 19, 2020 |
| #2 | -19.54% Feb 27, 2026 - Mar 20, 2026 | -34.03% Sep 2, 2021 - Mar 7, 2024 |
| #3 | -9.68% Jan 28, 2026 - Feb 23, 2026 | -22.26% Jan 26, 2018 - Dec 27, 2019 |
| #4 | -2.49% Dec 26, 2025 - Jan 5, 2026 | -14.12% Mar 7, 2025 - Apr 28, 2025 |
| #5 | -2.21% Jan 14, 2026 - Jan 21, 2026 | -12.51% Jun 8, 2016 - Sep 2, 2016 |
| #6 | -2.18% Jan 6, 2026 - Jan 14, 2026 | -11.90% Feb 25, 2026 - Jun 12, 2026 |
| #7 | -0.30% Dec 23, 2025 - Dec 26, 2025 | -10.90% Sep 26, 2024 - Mar 3, 2025 |
| #8 | -0.13% Feb 25, 2026 - Feb 27, 2026 | -9.25% Sep 7, 2016 - Mar 1, 2017 |
| #9 | N/A | -7.48% Jun 5, 2024 - Aug 23, 2024 |
| #10 | N/A | -5.29% Nov 12, 2025 - Dec 10, 2025 |
| #11 | N/A | -5.05% Jul 23, 2025 - Aug 20, 2025 |
| #12 | N/A | -4.64% Jun 15, 2021 - Aug 3, 2021 |
| #13 | N/A | -4.56% Mar 27, 2024 - May 8, 2024 |
| #14 | N/A | -4.27% Jan 8, 2021 - Feb 12, 2021 |
| #15 | N/A | -4.27% Apr 20, 2016 - Jun 7, 2016 |
Correlation
Correlation between AFK and GSEU is 0.66 which considered as a moderate positive correlation - the stocks show some tendency to move together.
0.66
-101
Dividend Comparison (2008 - 2025)
AFK vs GSEU dividend yield comparison.
| Year | AFK | GSEU |
|---|---|---|
| 2025 | 1.02% | 2.72% |
| 2024 | 0.00% | 2.35% |
| 2023 | 2.27% | 3.41% |
| 2022 | 3.59% | 3.34% |
| 2021 | 4.17% | 2.71% |
| 2020 | 3.91% | 1.84% |
| 2019 | 6.34% | 3.69% |
| 2018 | 1.71% | 3.40% |
| 2017 | 1.99% | 2.51% |
| 2016 | 2.67% | 2.74% |
| 2015 | 2.16% | 0.00% |
| 2014 | 2.92% | 0.00% |
| 2013 | 2.68% | 0.00% |
| 2012 | 3.39% | 0.00% |
| 2011 | 3.77% | 0.00% |
| 2010 | 1.09% | 0.00% |
| 2009 | 0.81% | 0.00% |
| 2008 | 0.90% | 0.00% |
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