VanEck Africa Index ETF (AFK) is a frontier-markets ETF. As of October 9, 2026, ETF Copilot scores AFK 6.2 out of 10 — highest on Value (9.5), lowest on Risk (1.9).
What stands out in AFK's data
Companies in African markets, from frontier economies.
Earns more on its capital than most frontier peers — a sign of stronger business models across the portfolio.
Return on invested capital of 23.9% sits above the category median of 14.9% and its own 13.6% historical median. The 0.76% expense ratio is on the higher side.
A satellite sleeve for portfolios that want direct exposure to African markets.
Why did AFK move this week? It fell 1.4% in the week to October 9, 2026 — Ivanhoe Mines and Airtel Africa drove it
AFK fell 1.4% in the week to October 9, 2026. The holdings that moved it most were Ivanhoe Mines (−5.2%), Airtel Africa (−5.4%) and Valterra Platinum (−6.5%); Naspers (+4.5%) pushed the other way.
How is AFK rated? ETF Copilot scores VanEck Africa Index ETF (AFK) 6.2 out of 10
As of October 9, 2026, ETF Copilot scores VanEck Africa Index ETF (AFK) 6.2 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 6.2 / 10
- Growth: 8.4 / 10
- Value: 9.5 / 10
- Risk: 1.9 / 10
- Quality: 7.8 / 10
- Return: 3.5 / 10
AFK is ranked #4 of 10 in ETF Copilot's Rising Stars list.
What is AFK's expense ratio? 0.76% a year
As of October 9, 2026, AFK charges 0.76% a year, yields 1.00% and holds $96M in assets.
| Measure | AFK |
|---|---|
| Expense ratio | 0.76% |
| Dividend yield | 1.00% |
| Assets under management | $96M |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
What ETF Copilot does not compute for AFK
This page carries no sector or theme mix, concentration measure or price-to-earnings against its own history for AFK: AFK's holdings are not in ETF Copilot's data, and each of those is computed from them. The 0–10 scores, the expense ratio, the dividend yield and the assets above are reported or computed without them. The Frontier Markets ETFs page carries the same measures for the funds in its category that do publish holdings.
Cite this
ETF Copilot, “VanEck Africa Index ETF (AFK) scores, cost and size”, as of October 9, 2026.
https://etf-copilot.com/etf/afk
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