GDX vs. AFK ETF Comparison

Comparison of Market Vectors Gold Miners ETF (GDX) to Market Vectors-Africa Index ETF (AFK)
GDX

Market Vectors Gold Miners ETF

GDX Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Gold Miners Index. The fund normally invests at least 80% of its total assets in common stocks and American depositary receipts of companies involved in the gold mining industry. Such companies may include medium-capitalization companies and foreign issuers. The fund normally invests at least 80% of its total assets in securities that comprise the Gold Miners Index. It may also utilize convertible securities and participation notes to seek performance that corresponds to the Gold Miners Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$38.14

Average Daily Volume

22,170,607

Number of Holdings *

9

* may have additional holdings in another (foreign) market
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

$16.07

Average Daily Volume

14,044

Number of Holdings *

9

* may have additional holdings in another (foreign) market
Performance
Period GDX AFK
30 Days -13.50% -5.69%
60 Days -5.85% -3.17%
90 Days -3.05% -4.23%
12 Months 32.53% 18.81%
3 Overlapping Holdings
Symbol Grade Weight in GDX Weight in AFK Overlap
GFI D 4.08% 1.71% 1.71%
GOLD C 7.75% 2.78% 2.78%
HMY D 1.85% 0.6% 0.6%
GDX Overweight 6 Positions Relative to AFK
Symbol Grade Weight
NEM D 12.25%
RGLD C 3.06%
HL D 1.17%
BVN D 1.04%
CDE C 0.83%
DRD D 0.27%
GDX Underweight 6 Positions Relative to AFK
Symbol Grade Weight
KOS D -2.48%
MMYT B -2.16%
RCL A -1.08%
SSL F -0.37%
SBSW D -0.27%
CAR C -0.23%
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