AFK vs IAE

Comparison between VANECK AFRICA INDEX ETF (AFK, ETF) and Voya Asia Pacific High Dividend Equity Income Fund (IAE, ETF).

5-Year PerformanceIAE has outperformed AFK, delivering a return of +10.6% compared to +5.8%

AFK vs IAE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AFK(ETF)	IAE(ETF)
Net Assets	$100M	$100M
Expense Ratio	0.76%	N/A
Max Drawdown	72.33%	78.94%
Sharpe Ratio	0.77	1.26
5Y Beta	0.91	0.67
5Y Dividends CAGR	-33.46%	-4.70%

Net Assets

Winner

AFK

$100M

IAE

$100M

Expense Ratio

AFK

0.76%

IAE

N/A

Max Drawdown

Winner

AFK

72.33%

IAE

78.94%

Sharpe Ratio

AFK

0.77

Winner

IAE

1.26

5Y Beta

AFK

0.91

Winner

IAE

0.67

5Y Dividends CAGR

AFK

-33.46%

Winner

IAE

-4.70%

AFK vs IAE - Historical Returns

Returns include dividend reinvestment.

Period	AFK	IAE
1 month	-4.61%	-6.40%
3 months	-7.98%	+10.73%
6 months	-9.35%	+12.10%
1 year	+22.94%	+33.78%
5 years(CAGR)	+5.78%	+10.58%
10 years(CAGR)	+5.32%	+10.32%
Max(CAGR)	-0.16%	+5.09%

Winner

AFK

-4.61%

IAE

-6.40%

AFK

-7.98%

Winner

IAE

+10.73%

AFK

-9.35%

Winner

IAE

+12.10%

AFK

+22.94%

Winner

IAE

+33.78%

5Y(CAGR)

AFK

+5.78%

Winner

IAE

+10.58%

10Y(CAGR)

AFK

+5.32%

Winner

IAE

+10.32%

Max(CAGR)

AFK

-0.16%

Winner

IAE

+5.09%

AFK vs IAE - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	AFK	IAE
2026	-3.53%	+20.24%
2025	+72.02%	+35.76%
2024	+10.11%	+13.83%
2023	-12.91%	+7.73%
2022	-17.78%	-15.30%
2021	+1.48%	+2.48%
2020	+3.16%	+12.74%
2019	+10.34%	+12.46%
2018	-20.46%	-12.66%
2017	+28.25%	+28.08%
2016	+15.26%	+11.40%
2015	-30.21%	-11.45%
2014	-12.13%	-0.25%
2013	-0.02%	-14.36%
2012	+23.81%	+19.51%
2011	-24.21%	-20.57%
2010	+22.54%	+12.93%
2009	+29.78%	+85.84%
2008	-48.30%	-41.18%
2007	N/A	-7.11%

AFK vs IAE Drawdown Comparison

The maximum drawdown for AFK was -62.49%, occurring on Mar 20, 2020. Recovery took 4389 trading sessions.

The maximum drawdown for IAE was -60.83%, occurring on Nov 20, 2008. Recovery took 494 trading sessions.

The current AFK drawdown is -16.38%. The current IAE drawdown is -7.31%.

Rank	AFK	IAE
#1	-62.49% Jul 15, 2008 - Dec 23, 2025	-60.83% Oct 29, 2007 - Oct 14, 2009
#2	-19.54% Feb 27, 2026 - Mar 20, 2026	-42.36% Jan 26, 2018 - Dec 1, 2020
#3	-9.68% Jan 28, 2026 - Feb 23, 2026	-39.05% Jan 22, 2013 - Oct 3, 2017
#4	-2.49% Dec 26, 2025 - Jan 5, 2026	-33.79% Apr 21, 2011 - Jan 14, 2013
#5	-2.21% Jan 14, 2026 - Jan 21, 2026	-32.91% Jun 29, 2021 - Sep 26, 2024
#6	-2.18% Jan 6, 2026 - Jan 14, 2026	-21.67% Apr 15, 2010 - Sep 27, 2010
#7	-0.30% Dec 23, 2025 - Dec 26, 2025	-18.44% Apr 17, 2007 - Oct 26, 2007
#8	-0.13% Feb 25, 2026 - Feb 27, 2026	-16.75% Jan 6, 2010 - Apr 14, 2010
#9	N/A	-16.18% Oct 7, 2024 - May 12, 2025
#10	N/A	-13.66% Nov 5, 2010 - Apr 21, 2011
#11	N/A	-12.85% Feb 10, 2026 - Apr 27, 2026
#12	N/A	-11.92% Oct 15, 2009 - Dec 4, 2009
#13	N/A	-9.39% Oct 29, 2025 - Jan 12, 2026
#14	N/A	-7.53% Jun 30, 2026 - Jul 16, 2026
#15	N/A	-6.98% Oct 16, 2017 - Jan 5, 2018

Correlation

Correlation between AFK and IAE is 0.46 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.46

-101

Dividend Comparison (2007 - 2026)

AFK vs IAE dividend yield comparison.

Year	AFK	IAE
2026	0.00%	4.57%
2025	1.02%	10.71%
2024	0.00%	12.29%
2023	2.27%	10.65%
2022	3.59%	14.03%
2021	4.17%	10.60%
2020	3.91%	9.97%
2019	6.34%	9.88%
2018	1.71%	9.61%
2017	1.99%	7.82%
2016	2.67%	11.14%
2015	2.16%	12.74%
2014	2.92%	11.20%
2013	2.68%	10.60%
2012	3.39%	9.55%
2011	3.77%	11.80%
2010	1.09%	8.78%
2009	0.81%	10.22%
2008	0.90%	17.55%
2007	0.00%	7.80%