GSEU vs AFK
Comparison between GOLDMAN SACHS ACTIVEBETA(R) EUROPE EQUITY ETF (GSEU, ETF) and VANECK AFRICA INDEX ETF (AFK, ETF).
5-Year PerformanceGSEU has outperformed AFK, delivering a return of +8.5% compared to +6.9%
GSEU vs AFK - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
GSEU
$117M
AFK
$117M
Expense Ratio
Winner
GSEU
0.25%
AFK
0.76%
Max Drawdown
Winner
GSEU
39.42%
AFK
72.33%
Sharpe Ratio
GSEU
0.97
Winner
AFK
1.21
5Y Beta
Winner
GSEU
0.68
AFK
0.91
5Y Dividends CAGR
Winner
GSEU
15.50%
AFK
-33.46%
GSEU vs AFK - Holdings Comparison
GSEU and AFK have 1 common holdings. Overlap is -0.03%
GSEU's top 25 holdings weight is 31.24%. AFK's top 25 holdings weight is 75.77%.
| Rank | GSEU | AFK |
|---|---|---|
| #1 | ASML HOLDING NV (n/a) - 4.26% | ATTIJARIWAFA BANK SA REGISTERED SHARES (n/a) - 6.93% |
| #2 | n/a (n/a) - 1.95% | ANGLO AMERICAN PLC (n/a) - 5.35% |
| #3 | HSBC HOLDINGS PLC (n/a) - 1.85% | ENDEAVOUR MINING PLC (n/a) - 4.27% |
| #4 | ROCHE HOLDING AG ORDINARY SHARES NEW (n/a) - 1.80% | GUARANTY TRUST HOLDING CO PLC (n/a) - 3.98% |
| #5 | NOVARTIS AG REGISTERED SHARES (n/a) - 1.79% | AIRTEL AFRICA PLC ORDINARY SHARES (n/a) - 3.97% |
| #6 | ASTRAZENECA PLC (AZN:XLON) - 1.65% | ZENITH BANK PLC (n/a) - 3.77% |
| #7 | GOLDMAN SACHS FS TREASURY OBLIGS INSTL (FTOXX) - 1.55% | IVANHOE MINES LTD CLASS A (IVPAF) - 3.41% |
| #8 | SHELL PLC (n/a) - 1.37% | NASPERS LTD CLASS N (n/a) - 3.30% |
| #9 | BANCO SANTANDER SA (n/a) - 1.30% | BANQUE CENTRALE POPULAIRE SA (n/a) - 3.17% |
| #10 | SIEMENS AG (n/a) - 1.26% | FIRST QUANTUM MINERALS LTD (FQVLF) - 3.14% |
| #11 | NESTLE SA (n/a) - 1.19% | SODEP -MARSA MAROC SA (n/a) - 3.07% |
| #12 | SAP SE (n/a) - 1.01% | SAFARICOM PLC (n/a) - 2.74% |
| #13 | ALLIANZ SE (n/a) - 0.98% | GOLAR LNG LTD (GLNG) - 2.72% |
| #14 | TOTALENERGIES SE (TTE) - 0.90% | FIRSTRAND LTD (n/a) - 2.70% |
| #15 | SIEMENS ENERGY AG ORDINARY SHARES (n/a) - 0.85% | n/a (CMGGF) - 2.63% |
| #16 | SCHNEIDER ELECTRIC SE (n/a) - 0.83% | GOLD FIELDS LTD ADR (GFI) - 2.61% |
| #17 | BANCO BILBAO VIZCAYA ARGENTARIA SA (n/a) - 0.81% | EQUITY GROUP HOLDINGS LTD (n/a) - 2.18% |
| #18 | NOVO NORDISK AS CLASS B (n/a) - 0.80% | ANGLOGOLD ASHANTI PLC (AU) - 2.13% |
| #19 | IBERDROLA SA (n/a) - 0.77% | STANDARD BANK GROUP LTD (n/a) - 2.07% |
| #20 | KONINKLIJKE AHOLD DELHAIZE NV (n/a) - 0.77% | BARRICK MINING CORP (n/a) - 2.00% |
| #21 | BOUYGUES (n/a) - 0.73% | CAPITEC BANK HOLDINGS LTD (n/a) - 1.97% |
| #22 | GSK PLC (n/a) - 0.72% | IAMGOLD CORP (n/a) - 1.96% |
| #23 | ABB LTD (n/a) - 0.72% | n/a (n/a) - 1.94% |
| #24 | BARCLAYS PLC (n/a) - 0.69% | BANK OF AFRICA (n/a) - 1.94% |
| #25 | BNP PARIBAS ACT. CAT.A (n/a) - 0.69% | PERSEUS MINING LTD (n/a) - 1.82% |
| Total Holdings | 347 | 80 |
GSEU vs AFK - Historical Returns
Returns include dividend reinvestment.
1M
Winner
GSEU
+4.94%
AFK
+3.76%
3M
Winner
GSEU
+8.41%
AFK
+5.73%
6M
Winner
GSEU
+10.15%
AFK
+9.64%
1Y
GSEU
+19.69%
Winner
AFK
+43.59%
5Y(CAGR)
Winner
GSEU
+8.51%
AFK
+6.95%
10Y(CAGR)
Winner
GSEU
+10.04%
AFK
+6.61%
Max(CAGR)
Winner
GSEU
+9.62%
AFK
+0.32%
GSEU vs AFK - Annual Returns (2008 - 2026)
Returns include dividend reinvestment.
| Year | GSEU | AFK |
|---|---|---|
| 2026 | +7.49% | +5.25% |
| 2025 | +36.61% | +72.02% |
| 2024 | +3.19% | +10.11% |
| 2023 | +19.66% | -12.91% |
| 2022 | -18.32% | -17.78% |
| 2021 | +15.89% | +1.48% |
| 2020 | +5.86% | +3.16% |
| 2019 | +25.35% | +10.34% |
| 2018 | -14.27% | -20.46% |
| 2017 | +27.21% | +28.25% |
| 2016 | +2.19% | +15.26% |
| 2015 | N/A | -30.21% |
| 2014 | N/A | -12.13% |
| 2013 | N/A | -0.02% |
| 2012 | N/A | +23.81% |
| 2011 | N/A | -24.21% |
| 2010 | N/A | +22.54% |
| 2009 | N/A | +29.78% |
| 2008 | N/A | -48.30% |
GSEU vs AFK Drawdown Comparison
The maximum drawdown for GSEU was -35.71%, occurring on Mar 18, 2020. Recovery took 213 trading sessions.
The maximum drawdown for AFK was -62.49%, occurring on Mar 20, 2020. Recovery took 4389 trading sessions.
The current AFK drawdown is -8.77%.
| Rank | GSEU | AFK |
|---|---|---|
| #1 | -35.71% Jan 17, 2020 - Nov 19, 2020 | -62.49% Jul 15, 2008 - Dec 23, 2025 |
| #2 | -34.03% Sep 2, 2021 - Mar 7, 2024 | -19.54% Feb 27, 2026 - Mar 20, 2026 |
| #3 | -22.26% Jan 26, 2018 - Dec 27, 2019 | -9.68% Jan 28, 2026 - Feb 23, 2026 |
| #4 | -14.12% Mar 7, 2025 - Apr 28, 2025 | -2.49% Dec 26, 2025 - Jan 5, 2026 |
| #5 | -12.51% Jun 8, 2016 - Sep 2, 2016 | -2.21% Jan 14, 2026 - Jan 21, 2026 |
| #6 | -11.90% Feb 25, 2026 - Jun 12, 2026 | -2.18% Jan 6, 2026 - Jan 14, 2026 |
| #7 | -10.90% Sep 26, 2024 - Mar 3, 2025 | -0.30% Dec 23, 2025 - Dec 26, 2025 |
| #8 | -9.25% Sep 7, 2016 - Mar 1, 2017 | -0.13% Feb 25, 2026 - Feb 27, 2026 |
| #9 | -7.48% Jun 5, 2024 - Aug 23, 2024 | N/A |
| #10 | -5.29% Nov 12, 2025 - Dec 10, 2025 | N/A |
| #11 | -5.05% Jul 23, 2025 - Aug 20, 2025 | N/A |
| #12 | -4.64% Jun 15, 2021 - Aug 3, 2021 | N/A |
| #13 | -4.56% Mar 27, 2024 - May 8, 2024 | N/A |
| #14 | -4.27% Jan 8, 2021 - Feb 12, 2021 | N/A |
| #15 | -4.27% Apr 20, 2016 - Jun 7, 2016 | N/A |
Correlation
Correlation between GSEU and AFK 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)
GSEU vs AFK dividend yield comparison.
| Year | GSEU | AFK |
|---|---|---|
| 2025 | 2.72% | 1.02% |
| 2024 | 2.35% | 0.00% |
| 2023 | 3.41% | 2.27% |
| 2022 | 3.34% | 3.59% |
| 2021 | 2.71% | 4.17% |
| 2020 | 1.84% | 3.91% |
| 2019 | 3.69% | 6.34% |
| 2018 | 3.40% | 1.71% |
| 2017 | 2.51% | 1.99% |
| 2016 | 2.74% | 2.67% |
| 2015 | 0.00% | 2.16% |
| 2014 | 0.00% | 2.92% |
| 2013 | 0.00% | 2.68% |
| 2012 | 0.00% | 3.39% |
| 2011 | 0.00% | 3.77% |
| 2010 | 0.00% | 1.09% |
| 2009 | 0.00% | 0.81% |
| 2008 | 0.00% | 0.90% |
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