GLU vs AFK

Comparison between Gabelli Global Utility & Income Trust. (GLU, ETF) and VANECK AFRICA INDEX ETF (AFK, ETF).

5-Year PerformanceAFK has outperformed GLU, delivering a return of +5.0% compared to +4.5%

GLU vs AFK - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GLU(ETF)	AFK(ETF)
Net Assets	$122M	$122M
Expense Ratio	N/A	0.76%
Max Drawdown	56.45%	72.33%
Sharpe Ratio	1.15	1.16
5Y Beta	0.40	0.90
5Y Dividends CAGR	2.38%	-33.46%

Net Assets

Winner

GLU

$122M

AFK

$122M

Expense Ratio

GLU

N/A

AFK

0.76%

Max Drawdown

Winner

GLU

56.45%

AFK

72.33%

Sharpe Ratio

GLU

1.15

Winner

AFK

1.16

5Y Beta

Winner

GLU

0.40

AFK

0.90

5Y Dividends CAGR

Winner

GLU

2.38%

AFK

-33.46%

GLU vs AFK - Historical Returns

Returns include dividend reinvestment.

Period	GLU	AFK
1 month	-3.17%	-2.13%
3 months	-5.76%	-4.00%
6 months	+6.70%	+4.66%
1 year	+21.63%	+32.84%
5 years(CAGR)	+4.52%	+4.97%
10 years(CAGR)	+7.73%	+5.11%
Max(CAGR)	+6.75%	-0.03%

GLU

-3.17%

Winner

AFK

-2.13%

GLU

-5.76%

Winner

AFK

-4.00%

Winner

GLU

+6.70%

AFK

+4.66%

GLU

+21.63%

Winner

AFK

+32.84%

5Y(CAGR)

GLU

+4.52%

Winner

AFK

+4.97%

10Y(CAGR)

Winner

GLU

+7.73%

AFK

+5.11%

Max(CAGR)

Winner

GLU

+6.75%

AFK

-0.03%

GLU vs AFK - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

Year	GLU	AFK
2026	+1.62%	-1.17%
2025	+36.68%	+72.02%
2024	+23.41%	+10.11%
2023	+0.32%	-12.91%
2022	-28.75%	-17.78%
2021	+22.51%	+1.48%
2020	+4.60%	+3.16%
2019	+24.85%	+10.34%
2018	-18.99%	-20.46%
2017	+33.24%	+28.25%
2016	+10.68%	+15.26%
2015	-8.14%	-30.21%
2014	+5.28%	-12.13%
2013	+0.77%	-0.02%
2012	+3.43%	+23.81%
2011	+10.21%	-24.21%
2010	+10.14%	+22.54%
2009	+28.14%	+29.78%
2008	-26.01%	-48.30%
2007	+11.31%	N/A
2006	+31.52%	N/A
2005	-2.41%	N/A
2004	+1.22%	N/A

GLU vs AFK Drawdown Comparison

The maximum drawdown for GLU was -50.51%, occurring on Mar 9, 2009. Recovery took 480 trading sessions.

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

The current GLU drawdown is -10.10%. The current AFK drawdown is -14.33%.

Rank	GLU	AFK
#1	-50.51% Jan 11, 2008 - Dec 7, 2009	-62.49% Jul 15, 2008 - Dec 23, 2025
#2	-46.54% Feb 24, 2020 - Jan 6, 2021	-19.54% Feb 27, 2026 - Mar 20, 2026
#3	-38.34% May 11, 2021 - May 16, 2025	-9.68% Jan 28, 2026 - Feb 23, 2026
#4	-28.24% Apr 29, 2013 - Apr 10, 2017	-2.49% Dec 26, 2025 - Jan 5, 2026
#5	-24.56% Feb 2, 2018 - Dec 19, 2019	-2.21% Jan 14, 2026 - Jan 21, 2026
#6	-18.57% Jul 1, 2011 - Oct 10, 2011	-2.18% Jan 6, 2026 - Jan 14, 2026
#7	-16.91% May 18, 2007 - Oct 29, 2007	-0.30% Dec 23, 2025 - Dec 26, 2025
#8	-15.63% Apr 26, 2010 - Oct 5, 2010	-0.13% Feb 25, 2026 - Feb 27, 2026
#9	-13.79% Jan 6, 2010 - Apr 23, 2010	N/A
#10	-13.73% Feb 26, 2026 - Mar 20, 2026	N/A
#11	-11.67% Sep 27, 2005 - Jul 13, 2006	N/A
#12	-10.04% May 26, 2004 - Nov 16, 2004	N/A
#13	-9.31% Dec 16, 2011 - Jul 31, 2012	N/A
#14	-9.00% Feb 14, 2005 - Jun 30, 2005	N/A
#15	-8.79% Oct 14, 2011 - Nov 16, 2011	N/A

Correlation

Correlation between GLU and AFK is 0.25 which considered as a very weak or no correlation - the stocks move independently of each other.

0.25

-101

Dividend Comparison (2004 - 2026)

GLU vs AFK dividend yield comparison.

Year	GLU	AFK
2026	2.88%	0.00%
2025	6.23%	1.02%
2024	8.00%	0.00%
2023	9.10%	2.27%
2022	8.52%	3.59%
2021	5.70%	4.17%
2020	6.51%	3.91%
2019	6.36%	6.34%
2018	7.45%	1.71%
2017	5.63%	1.99%
2016	7.14%	2.67%
2015	7.22%	2.16%
2014	6.17%	2.92%
2013	5.99%	2.68%
2012	5.75%	3.39%
2011	5.70%	3.77%
2010	5.87%	1.09%
2009	6.18%	0.81%
2008	7.55%	0.90%
2007	7.10%	0.00%
2006	5.44%	0.00%
2005	9.18%	0.00%
2004	3.06%	0.00%