AKAF vs VOO

Quick Verdict

VOO has a lower expense ratio. AKAF delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.

Lower Fees: VOOHigher Returns: AKAFMore Diversified: VOO

Side-by-Side Comparison

MetricAKAFVOOWinner
Expense Ratio0.20%0.03%
AUM$3M$979.0B
Dividend Yield3.02%1.09%
Holdings137509
YTD Return+14.12%+13.80%
1Y Return+29.48%+23.71%
3Y Return (annualized)-+21.50%
5Y Return (annualized)-+13.44%
Volatility (annualized)13.0%14.1%
Max Drawdown-9.3%-34.3%
Fund FamilyFrontier Economic FundVanguard (US)
CategoryEquityEquity
InceptionJun 25, 2025Sep 7, 2010

AKAF vs VOO Performance

The Frontier Economic Fund ETF (AKAF) is a ETF from Frontier Economic Fund and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year AKAF returned +29.48% while VOO returned +23.71%. Year to date, AKAF is up 14.12% versus a gain of 13.80% for VOO.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 13.0% for AKAF. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -9.3% for AKAF and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.49. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

AKAF charges 0.20% per year while VOO charges 0.03%. On a $10,000 position that is $20 vs $3 annually, a gap of $17 per year that compounds over a long holding period. On income, AKAF currently yields 3.02% against 1.09% for VOO.

Holdings Overlap

13.4%overlap

AKAF and VOO share 70 holdings out of 574 unique holdings combined, representing a 13.4% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in AKAFWeight in VOODifference
AAPL0.84%6.59%5.75%
MSFT0.69%4.30%3.61%
AMZN0.79%3.62%2.83%
GOOGLProProPro
XOMProProPro
COPProProPro
UBERProProPro
DASHProProPro
UPSProProPro
SLB:CWProProPro
See all 10 holdings AKAF shares with VOO
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, AKAF or VOO?

AKAF has an expense ratio of 0.20% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $17 per year of difference.

Which performed better, AKAF or VOO?

Over the past year AKAF returned +29.48% vs +23.71% for VOO, so AKAF leads on 1-year performance. Over the longest common window we track (1 years), AKAF annualized +30.35% vs +13.58% for VOO. Past performance does not guarantee future results.

Which is riskier, AKAF or VOO?

VOO has been the more volatile fund at 14.1% annualized versus 13.0% for AKAF. Worst drawdown: AKAF -9.3% vs VOO -34.3%.

Should I hold both AKAF and VOO?

AKAF and VOO have a monthly-return correlation of 0.49, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between AKAF and VOO?

AKAF and VOO share 70 common holdings with a 13.4% weight overlap. Combined, they hold 574 unique securities.

Which pays a higher dividend, AKAF or VOO?

AKAF yields 3.02% while VOO yields 1.09%, so AKAF currently pays the higher dividend yield.

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