PSCE vs AFK

Comparison between INVESCO S&P SMALLCAP ENERGY ETF (PSCE, ETF) and VANECK AFRICA INDEX ETF (AFK, ETF).

5-Year PerformancePSCE has outperformed AFK, delivering a return of +10.0% compared to +5.0%

PSCE vs AFK - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PSCE(ETF)	AFK(ETF)
Net Assets	$123M	$122M
Expense Ratio	0.29%	0.76%
Max Drawdown	96.29%	72.33%
Sharpe Ratio	1.72	1.16
5Y Beta	1.05	0.90
P/E Ratio	517.20	N/A
Forward P/E	12.44	N/A
5Y Dividends CAGR	45.94%	-33.46%
Debt to Equity	55.66%	N/A
P/S Ratio	0.92	N/A
P/B Ratio	1.72	N/A

Net Assets

Winner

PSCE

$123M

AFK

$122M

Expense Ratio

Winner

PSCE

0.29%

AFK

0.76%

Max Drawdown

PSCE

96.29%

Winner

AFK

72.33%

Sharpe Ratio

Winner

PSCE

1.72

AFK

1.16

5Y Beta

PSCE

1.05

Winner

AFK

0.90

P/E Ratio

PSCE

517.20

AFK

N/A

Forward P/E

PSCE

12.44

AFK

N/A

5Y Dividends CAGR

Winner

PSCE

45.94%

AFK

-33.46%

Debt to Equity

PSCE

55.66%

AFK

N/A

P/S Ratio

PSCE

0.92

AFK

N/A

P/B Ratio

PSCE

1.72

AFK

N/A

PSCE vs AFK - Holdings Comparison

PSCE and AFK have 1 common holdings. Overlap is 0.00%

PSCE's top 25 holdings weight is 94.25%. AFK's top 25 holdings weight is 75.54%.

Rank	PSCE	AFK
#1	SM ENERGY CO (SM) - 7.32%	ATTIJARIWAFA BANK SA REGISTERED SHARES (n/a) - 6.90%
#2	ARCHROCK INC (AROC) - 6.68%	ANGLO AMERICAN PLC (n/a) - 5.13%
#3	NOBLE CORP PLC CLASS A (NE) - 6.40%	ENDEAVOUR MINING PLC (n/a) - 4.26%
#4	KODIAK GAS SERVICES INC (KGS) - 6.05%	GUARANTY TRUST HOLDING CO PLC (n/a) - 4.07%
#5	LIBERTY ENERGY INC CLASS A (LBRT) - 5.27%	ZENITH BANK PLC (n/a) - 3.83%
#6	MAGNOLIA OIL & GAS CORP CLASS A (MGY) - 5.18%	AIRTEL AFRICA PLC ORDINARY SHARES (n/a) - 3.77%
#7	CALIFORNIA RESOURCES CORP ORDINARY SHARES NEW (CRC) - 4.90%	NASPERS LTD CLASS N (n/a) - 3.32%
#8	CORE NATURAL RESOURCES INC ORDINARY SHARES (CNR) - 4.60%	BANQUE CENTRALE POPULAIRE SA (n/a) - 3.21%
#9	CACTUS INC CLASS A (WHD) - 4.47%	IVANHOE MINES LTD CLASS A (IVPAF) - 3.21%
#10	PATTERSON-UTI ENERGY INC (PTEN) - 4.33%	SODEP -MARSA MAROC SA (n/a) - 3.00%
#11	HELMERICH & PAYNE INC (HP) - 4.16%	FIRST QUANTUM MINERALS LTD (n/a) - 2.81%
#12	OCEANEERING INTERNATIONAL INC (OII) - 4.04%	GOLD FIELDS LTD ADR (GFI) - 2.81%
#13	TIDEWATER INC (TDW) - 3.76%	GOLAR LNG LTD (GLNG) - 2.78%
#14	INTERNATIONAL SEAWAYS INC (INSW) - 3.47%	FIRSTRAND LTD (n/a) - 2.78%
#15	CRESCENT ENERGY CO CLASS A (CRGY) - 3.13%	SAFARICOM PLC (n/a) - 2.76%
#16	PEABODY ENERGY CORP (BTU) - 3.11%	n/a (CMGGF) - 2.66%
#17	PAR PACIFIC HOLDINGS INC (PARR) - 2.94%	ANGLOGOLD ASHANTI PLC (AU) - 2.24%
#18	NORTHERN OIL & GAS INC (NOG) - 2.41%	STANDARD BANK GROUP LTD (n/a) - 2.16%
#19	KINETIK HOLDINGS INC (KNTK) - 2.31%	EQUITY GROUP HOLDINGS LTD (n/a) - 2.08%
#20	TALOS ENERGY INC ORDINARY SHARES (TALO) - 1.93%	CAPITEC BANK HOLDINGS LTD (n/a) - 2.00%
#21	DORIAN LPG LTD (LPG) - 1.71%	BANK OF AFRICA (n/a) - 1.99%
#22	WORLD KINECT CORP (WKC) - 1.69%	BARRICK MINING CORP (n/a) - 1.98%
#23	ATLAS ENERGY SOLUTIONS INC CLASS A (AESI) - 1.54%	n/a (n/a) - 1.94%
#24	HELIX ENERGY SOLUTIONS GROUP INC (HLX) - 1.43%	IAMGOLD CORP (n/a) - 1.94%
#25	REX AMERICAN RESOURCES CORP (REX) - 1.42%	PERSEUS MINING LTD (n/a) - 1.91%
Total Holdings	33	78

PSCE vs AFK - Historical Returns

Returns include dividend reinvestment.

Period	PSCE	AFK
1 month	-8.18%	-2.13%
3 months	+3.83%	-4.00%
6 months	+29.76%	+4.66%
1 year	+59.44%	+32.84%
5 years(CAGR)	+10.00%	+4.97%
10 years(CAGR)	-2.36%	+5.11%
Max(CAGR)	-3.81%	-0.03%

PSCE

-8.18%

Winner

AFK

-2.13%

Winner

PSCE

+3.83%

AFK

-4.00%

Winner

PSCE

+29.76%

AFK

+4.66%

Winner

PSCE

+59.44%

AFK

+32.84%

5Y(CAGR)

Winner

PSCE

+10.00%

AFK

+4.97%

10Y(CAGR)

PSCE

-2.36%

Winner

AFK

+5.11%

Max(CAGR)

PSCE

-3.81%

Winner

AFK

-0.03%

PSCE vs AFK - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	PSCE	AFK
2026	+34.32%	-1.17%
2025	-10.83%	+72.02%
2024	-5.28%	+10.11%
2023	+11.64%	-12.91%
2022	+40.09%	-17.78%
2021	+56.65%	+1.48%
2020	-39.73%	+3.16%
2019	-17.92%	+10.34%
2018	-44.74%	-20.46%
2017	-28.47%	+28.25%
2016	+35.80%	+15.26%
2015	-48.26%	-30.21%
2014	-34.30%	-12.13%
2013	+34.99%	-0.02%
2012	-5.18%	+23.81%
2011	+0.83%	-24.21%
2010	+33.31%	+22.54%
2009	N/A	+29.78%
2008	N/A	-48.30%

PSCE vs AFK Drawdown Comparison

The maximum drawdown for PSCE was -96.21%, occurring on Apr 1, 2020. This drawdown has not yet recovered.

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

The current PSCE drawdown is -75.57%. The current AFK drawdown is -14.33%.

Rank	PSCE	AFK
#1	-96.21% Jun 30, 2014 - Apr 1, 2020	-62.49% Jul 15, 2008 - Dec 23, 2025
#2	-40.71% Jul 22, 2011 - Jul 18, 2013	-19.54% Feb 27, 2026 - Mar 20, 2026
#3	-22.79% Apr 23, 2010 - Nov 4, 2010	-9.68% Jan 28, 2026 - Feb 23, 2026
#4	-17.36% Apr 5, 2011 - Jul 22, 2011	-2.49% Dec 26, 2025 - Jan 5, 2026
#5	-13.41% Oct 18, 2013 - Mar 4, 2014	-2.21% Jan 14, 2026 - Jan 21, 2026
#6	-7.96% Mar 4, 2011 - Mar 21, 2011	-2.18% Jan 6, 2026 - Jan 14, 2026
#7	-6.62% Apr 23, 2014 - Jun 13, 2014	-0.30% Dec 23, 2025 - Dec 26, 2025
#8	-6.08% Mar 4, 2014 - Mar 21, 2014	-0.13% Feb 25, 2026 - Feb 27, 2026
#9	-5.18% Nov 11, 2010 - Nov 22, 2010	N/A
#10	-4.98% Aug 5, 2013 - Sep 6, 2013	N/A
#11	-4.14% Apr 2, 2014 - Apr 17, 2014	N/A
#12	-4.02% Apr 15, 2010 - Apr 21, 2010	N/A
#13	-3.93% Oct 4, 2013 - Oct 11, 2013	N/A
#14	-3.88% Jan 3, 2011 - Jan 18, 2011	N/A
#15	-3.81% Jan 18, 2011 - Jan 26, 2011	N/A

Correlation

Correlation between PSCE and AFK is 0.50 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.50

-101

Dividend Comparison (2008 - 2026)

PSCE vs AFK dividend yield comparison.

Year	PSCE	AFK
2026	0.57%	0.00%
2025	2.39%	1.02%
2024	1.70%	0.00%
2023	2.57%	2.27%
2022	1.70%	3.59%
2021	0.46%	4.17%
2020	0.87%	3.91%
2019	0.14%	6.34%
2018	0.22%	1.71%
2017	0.04%	1.99%
2016	0.22%	2.67%
2015	0.82%	2.16%
2014	0.29%	2.92%
2013	0.00%	2.68%
2012	0.74%	3.39%
2011	0.06%	3.77%
2010	1.24%	1.09%
2009	0.00%	0.81%
2008	0.00%	0.90%