AFK vs. DRIP ETF Comparison
Comparison of Market Vectors-Africa Index ETF (AFK) to Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares (DRIP)
AFK
Market Vectors-Africa Index ETF
AFK Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors® GDP Africa Index. The fund invests at least 80% of total assets in securities that comprise the index. The index is comprised of African companies. The index includes local listings of companies that are incorporated in Africa and offshore listings of companies incorporated outside of Africa that generate at least 50% of their revenues in Africa. The weighting of each country in the index is determined by the size of its GDP relative to the GDPs of the other countries represented in the index. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$16.68
Average Daily Volume
12,104
9
DRIP
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares
DRIP Description
The investment seeks daily investment results, of 300% of the inverse (or opposite) of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index ("index"). The index is provided by S&P and includes domestic companies from the oil and gas exploration and production sub-industry. The fund normally creates short positions by investing at least 80% of its assets in: swap agreements; options on securities and indices; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the index. It is non-diversified.Grade (RS Rating)
Last Trade
$11.72
Average Daily Volume
2,772,887
34
Performance
Period | AFK | DRIP |
---|---|---|
30 Days | -0.71% | 9.12% |
60 Days | 2.02% | 13.88% |
90 Days | 10.03% | 6.03% |
12 Months | 25.07% | 25.70% |
1 Overlapping Holdings
Symbol | Grade | Weight in AFK | Weight in DRIP | Overlap | |
---|---|---|---|---|---|
KOS | F | 2.27% | 1.87% | 1.87% |
AFK Underweight 33 Positions Relative to DRIP
Symbol | Grade | Weight | |
---|---|---|---|
APA | F | -3.67% | |
OXY | F | -2.91% | |
EOG | D | -2.71% | |
HES | B | -2.69% | |
DVN | F | -2.64% | |
FANG | F | -2.52% | |
COP | D | -2.49% | |
PBF | F | -2.49% | |
MRO | C | -2.49% | |
MUR | F | -2.43% | |
XOM | C | -2.37% | |
CVX | A | -2.35% | |
MPC | F | -2.33% | |
VLO | F | -2.33% | |
RRC | D | -2.2% | |
PSX | F | -2.19% | |
EQT | C | -2.13% | |
MTDR | D | -2.02% | |
SM | F | -1.98% | |
SWN | C | -1.96% | |
DK | F | -1.95% | |
CNX | B | -1.51% | |
AR | F | -1.4% | |
CRC | B | -1.13% | |
CVI | F | -0.96% | |
MGY | C | -0.62% | |
WTI | F | -0.59% | |
NOG | F | -0.54% | |
TELL | B | -0.46% | |
GPRE | F | -0.33% | |
PARR | F | -0.3% | |
TALO | D | -0.27% | |
REX | F | -0.13% |
AFK: Top Represented Industries & Keywords
DRIP: Top Represented Industries & Keywords