IAE vs AFK

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

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

IAE vs AFK - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

IAE

$100M

Winner

AFK

$100M

Expense Ratio

IAE

N/A

AFK

0.76%

Max Drawdown

IAE

78.94%

Winner

AFK

72.33%

Sharpe Ratio

Winner

IAE

1.26

AFK

0.77

5Y Beta

Winner

IAE

0.67

AFK

0.91

5Y Dividends CAGR

Winner

IAE

-4.70%

AFK

-33.46%

IAE vs AFK - Historical Returns

Returns include dividend reinvestment.

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

IAE

-6.40%

Winner

AFK

-4.61%

Winner

IAE

+10.73%

AFK

-7.98%

Winner

IAE

+12.10%

AFK

-9.35%

Winner

IAE

+33.78%

AFK

+22.94%

5Y(CAGR)

Winner

IAE

+10.58%

AFK

+5.78%

10Y(CAGR)

Winner

IAE

+10.32%

AFK

+5.32%

Max(CAGR)

Winner

IAE

+5.09%

AFK

-0.16%

IAE vs AFK - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

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

IAE vs AFK Drawdown Comparison

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

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

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

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

Correlation

Correlation between IAE and AFK 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)

IAE vs AFK dividend yield comparison.

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