VanEck Africa ETF (AFK) Holdings

NYSE Arca: AFKEvery position, sector weights and overlap with other ETFs.

AFK holdings summary

as of Oct 25, 2026
Holdings
70
positions listed
Top 10 weight
34.4%
of net assets
Effective holdings
40
equal-weight equivalent
Largest holding
ATTIJARIWAFA.BANK 4.78%
ATTIJARIWAFA BANK
Annual turnover
33.1%
of the portfolio traded
Top 1034.4%
Top 2569.3%
Top 5091.5%

All AFK holdings

70 holdings
#Name
1ATTIJARIWAFA-BANKATTIJARIWAFA BANKOther4.78%$4.5M——
2AUAngloGold Ashanti LimitedBasic Materials3.79%$3.6M$46.95B12.4
3ARADELARADEL HOLDINGS PLCOther3.67%$3.4M——
4FSRFirstrand LtdFinancial Services3.47%$3.3M——
5NPNNaspers LimitedConsumer Cyclical3.43%$3.2M——
6GFIGold Fields LimitedBasic Materials3.25%$3.0M$33.50B7.7
7EDVMFEndeavour Mining CorpBasic Materials3.17%$3.0M——
8SEPLSeplat Petroleum Development Company PLCEnergy3.04%$2.9M——
9CPICapitec Bank Holdings LtdFinancial Services2.97%$2.8M——
10SAFARISAFARICOM PLCOther2.84%$2.7M——
11EBLEQUITY GROUP HOLDINGS LTDOther2.76%$2.6M——
12IVNIvanhoe Mines Ltd.Basic Materials2.75%$2.6M——
13SBKStandard Bank Group LtdFinancial Services2.71%$2.5M——
14GTCOGUARANTY TRUST HOLDING COMPANY PLCOther2.66%$2.5M——
15ZENITHBANKZENITH BANK PLCOther2.64%$2.5M——
16GLNGGolar LNG LimitedEnergy2.52%$2.4M$4.62B31.0
17AYAAya Gold & Silver IncBasic Materials2.51%$2.4M——
18BCPBCPOther2.42%$2.3M——
19AAFAirtel Africa PlcCommunication Services2.39%$2.2M——
20FMFirst Quantum Minerals LtdBasic Materials2.02%$1.9M——
21IMGIAMGold CorporationBasic Materials2.02%$1.9M——
22MTNMTN Group LtdCommunication Services1.95%$1.8M——
23SODEP-Marsa-MarocSODEP-Marsa MarocOther1.95%$1.8M——
24HTWSHelios Towers PlcCommunication Services1.83%$1.7M——
25ABXBarrick Gold CorpBasic Materials1.78%$1.7M——
26PRUPerseus Mining LtdBasic Materials1.67%$1.6M——
27AMSAnglo American Platinum LtdBasic Materials1.67%$1.6M——
28MSPAItissalat Al-Maghrib (IAM) S.ACommunication Services1.36%$1.3M——
29ABGAbsa Group LtdFinancial Services1.28%$1.2M——
30SHPShoprite Holdings LtdConsumer Cyclical1.11%$1.0M——
31SLMSanlam LtdFinancial Services1.07%$1.0M——
32FVIFortuna Silver Mines IncBasic Materials1.03%$966,241.07——
33DSYDiscovery Holdings LtdFinancial Services1.03%$965,302.43——
34IMPImpala Platinum Holdings LtdBasic Materials1.01%$952,255.26——
35BANK-OF-AFRICABANK OF AFRICAOther1.01%$946,623.39——
36NEDNedbank Group LtdFinancial Services0.91%$858,672.36——
37BIDBid Corporation LtdConsumer Defensive0.91%$858,390.77——
38PDNPaladin Energy LtdEnergy0.82%$768,937.91——
39SSLSasol LimitedBasic Materials0.73%$685,680.11$10.47B14.7
40MMYTMakeMyTrip LimitedConsumer Cyclical0.72%$677,795.49$4.38B233.0
41REMRemgro LtdFinancial Services0.69%$645,787.70——
42HMYHarmony Gold Mining Company LimitedBasic Materials0.65%$614,061.50$10.73B6.2
43CMGGFCommercial International Bank Egypt SAEFinancial Services0.65%$608,617.36——
44INVPInvestec PLCFinancial Services0.63%$592,754.26——
45SBSWSibanye Stillwater LimitedBasic Materials0.57%$539,626.96$7.31B8.5
46RCLRoyal Caribbean Cruises Ltd.Consumer Cyclical0.57%$537,374.21$74.27B17.1
47NPHNortham Platinum Holdings LtdBasic Materials0.55%$518,976.77——
48E5HGOLDEN AGRI-RESOURCES LTDConsumer Defensive0.55%$514,001.95——
49OUTOUTSURANCE GROUP LTDFinancial Services0.50%$467,726.76——
50VODVodacom Group LtdCommunication Services0.47%$437,408.53——
51BVTBidvest Group LtdIndustrials0.46%$436,094.43——
52PPHPepkor Holdings LtdConsumer Cyclical0.43%$404,368.23——
53OMUOld Mutual LtdFinancial Services0.38%$355,746.42——
54CLSClicksHealthcare0.34%$322,612.26——
55PAFPan African Resources PLCBasic Materials0.34%$317,637.44——
56APNAspen Pharmacare Holdings LtdHealthcare0.33%$310,691.47——
57MTMMomentum Metropolitan Holdings LtdFinancial Services0.32%$302,806.85——
58EXXExxaro Resources LtdEnergy0.27%$256,437.79——
59GRTGrowthpoint Properties LtdReal Estate0.27%$254,654.36——
60WHLWoolworths Holdings LtdConsumer Cyclical0.20%$188,667.63——
61MRPMr Price Group LtdConsumer Cyclical0.19%$174,681.82——
62AVIAvi LtdConsumer Defensive0.18%$169,988.59——
63TBSTiger Brands LtdConsumer Defensive0.16%$149,995.46——
64BTOB2Gold CorpBasic Materials0.15%$141,641.52——
65SCATCScatec Solar OLUtilities0.14%$127,937.30——
66ARIAfrican Rainbow Minerals LtdBasic Materials0.10%$94,709.27——
67KIOKumba Iron Ore LtdBasic Materials0.10%$94,709.27——
68DLTADELTA CORPORATION LIMITEDOther0.02%$19,993.14——
69TNCITN CYBERTECH INVESTMENTS HOLDINGS LIMITEDOther0.00%$938.64——
70ZWGBMO Global High Dividend Covered Call ETFOther0.00%$281.59——

Weights as a percentage of net assets. Value held = weight × net assets ($93.9M). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).

AFK sector breakdown

SectorWeightHoldingsLargest
Basic Materials29.9%20AU, GFI, EDVMF
Other24.8%12ATTIJARIWAFA-BANK, ARADEL, SAFARI
Financial Services16.6%13FSR, CPI, SBK
Communication Services8.0%5AAF, MTN, HTWS
Energy6.7%4SEPL, GLNG, PDN
Consumer Cyclical6.6%7NPN, SHP, MMYT
Consumer Defensive1.8%4BID, E5H, AVI
Healthcare0.7%2CLS, APN
Industrials0.5%1BVT
Real Estate0.3%1GRT
Utilities0.1%1SCATC

Sum of the weights of the holdings in each sector.

AFK top industries

Gold
17.8%
Banks - Regional
8.5%
Telecom Services
8.0%
Other Precious Metals & Mining
3.8%
Banks - Diversified
3.5%
Internet Retail
3.4%
Oil & Gas E&P
3.0%
Other Industrial Metals & Mining
2.9%
Oil & Gas Midstream
2.5%
Silver
2.5%
Insurance - Life
2.1%
Copper
2.0%
Department Stores
1.7%
Travel Services
1.3%
Food Distribution
0.9%

AFK overlap with other ETFs

ETFFundOverlapShared holdingsExpense ratio
VXUSVanguard Total International Stock ETF1.4%50 of 8,0350.05%
IWMiShares Russell 2000 ETF0.4%4 of 1,9620.19%
VTIVanguard Total Stock Market ETF0.2%8 of 2,9410.03%
SPYSPDR S&P 500 ETF0.2%2 of 5020.09%
QQQInvesco QQQ ETF0.0%0 of 1010.17%
DIASPDR Dow Jones Industrial Average ETF0.0%0 of 300.16%

Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.

About the AFK portfolio

VanEck Africa ETF holds 70 positions. The ten largest make up 34.4% of the fund and the top 50 91.5%, so it behaves like a portfolio of about 40 equally weighted positions. The biggest positions are ATTIJARIWAFA BANK (4.78%), AngloGold Ashanti Limited (3.79%), ARADEL HOLDINGS PLC (3.67%), Firstrand Ltd (3.47%), Naspers Limited (3.43%).

By sector, Basic Materials is 29.9%, Other is 24.8%, Financial Services is 16.6%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.

Related: AFK chart, AFK performance, AFK dividends, AFK overview.

AFK holdings FAQ

How many holdings does AFK have?

AFK holds 70 positions as of October 25, 2026.

What are the top 10 holdings of AFK?

The ten largest holdings are ATTIJARIWAFA BANK (4.78%), AngloGold Ashanti Limited (3.79%), ARADEL HOLDINGS PLC (3.67%), Firstrand Ltd (3.47%), Naspers Limited (3.43%), Gold Fields Limited (3.25%), Endeavour Mining Corp (3.17%), Seplat Petroleum Development Company PLC (3.04%), Capitec Bank Holdings Ltd (2.97%), SAFARICOM PLC (2.84%). Together they are 34.4% of the fund.

What percentage of AFK is ATTIJARIWAFA BANK?

ATTIJARIWAFA BANK is the largest holding at 4.78% of net assets, about $4.5M of the fund's $93.9M.

Which sector is the largest in AFK?

Basic Materials is the largest sector at 29.9%, followed by Other (24.8%) and Financial Services (16.6%), based on the sectors of the individual holdings.

How concentrated is AFK?

The top 10 holdings are 34.4% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) AFK behaves like a portfolio of about 40 equally weighted positions.