The Market Vectors Africa Index ETF (NYSEArca: AFK) is expensive at 1.07%. There are about 51 companies in the portfolio, and about half of the portfolio is allocated to the financial sector. This can prove volatile over time, so investors who want to buy and hold should consider this. AFK has about $97 million in assets under management.

Market Vectors Africa Index ETF

Tisha Guerrero contributed to this article.