AKAF vs QQQ
The Frontier Economic Fund ETF vs Invesco QQQ Trust, Series 1
Which is better, AKAF or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. AKAF is less concentrated, with 17.7% of the fund in its ten largest positions against 46.5%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AKAF | QQQ |
|---|---|---|
| Expense Ratio | 0.20% | 0.18%Best |
| AUM | $3M | $483.5B |
| Dividend Yield | 2.86% | 0.44% |
| Holdings | 143 | 107 |
| YTD Return | +9.49% | +15.21%Best |
| 1Y Return | +16.61% | +19.78%Best |
| 3Y Return (annualized) | - | +24.58% |
| 5Y Return (annualized) | - | +13.93% |
| Volatility (annualized) | 13.8%Best | 19.9% |
| Max Drawdown | -9.3%Best | -12.0% |
| $10,000 over 1.2 years | $12,827 | $12,899Best |
| Top 10 Weight | 17.7%Best | 46.5% |
| Fund Family | Frontier Economic Fund | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Jun 25, 2025 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Jun 26, 2025 to Sep 16, 2026 (1.2 years).
AKAF vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.2 years both funds cover.
AKAF vs QQQ Performance
The Frontier Economic Fund ETF (AKAF) is an ETF from Frontier Economic Fund and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year AKAF returned +16.61% while QQQ returned +19.78%. Year to date, AKAF is up 9.49% versus a gain of 15.21% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 19.9% compared with 13.8% 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 -12.0% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.31. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AKAF charges 0.20% per year while QQQ charges 0.18%. On a $10,000 position that is $20 vs $18 annually, a gap of $2 per year that compounds over a long holding period. On income, AKAF currently yields 2.86% against 0.44% for QQQ.
Holdings Overlap
12.6% of AKAF's money is in holdings QQQ also owns. 31.3% of QQQ's money is in holdings AKAF also owns.
The two portfolios partly overlap.
17 positions in common, counted across the 149 positions we hold weights for in AKAF and 102 in QQQ, against full books of 143 and 107.
What only one of them owns
Our book lists 79 positions for QQQ that do not appear in our book for AKAF (66.2% of the fund), and 100 for AKAF that do not appear in QQQ (66.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in AKAF | Weight in QQQ | Difference |
|---|---|---|---|
| AAPLApple, Inc | 0.75% | 7.27% | 6.52% |
| MSFTMicrosoft Corp | 0.73% | 5.76% | 5.03% |
| AMZNAmazon.Com Inc | 0.70% | 4.67% | 3.97% |
| GOOGLAlphabet Inc,class A | 0.70% | 3.36% | 2.66% |
| WMTWalmart, Inc. | 0.71% | 2.41% | 1.70% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.72% | 2.10% | 1.38% |
| COSTCostco Wholesale Corp. | 0.72% | 1.84% | 1.12% |
| DASHDoordash Inc - A | 2.14% | 0.37% | 1.77% |
| BKRBaker Hughes Co | 1.50% | 0.27% | 1.23% |
| PEPPepsico Inc. | 0.69% | 0.83% | 0.14% |
31.3% of QQQ is already inside AKAF.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AKAF or QQQ?
AKAF has an expense ratio of 0.20% while QQQ charges 0.18%. QQQ is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, AKAF or QQQ?
Over the past year AKAF returned +16.61% vs +19.78% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), AKAF annualized +23.06% vs +23.63% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AKAF or QQQ?
QQQ has been the more volatile fund at 19.9% annualized versus 13.8% for AKAF. Worst drawdown: AKAF -9.3% vs QQQ -12.0%.
Should I hold both AKAF and QQQ?
AKAF and QQQ have a monthly-return correlation of 0.31, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between AKAF and QQQ?
31.3% of QQQ's money is in holdings AKAF also owns. 31.3% of QQQ's is in holdings AKAF also owns. They hold 17 positions in common, counted across the 149 positions we hold weights for in AKAF and 102 in QQQ.
Which pays a higher dividend, AKAF or QQQ?
AKAF yields 2.86% while QQQ yields 0.44%, so AKAF currently pays the higher dividend yield.
Is QQQ better than AKAF?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. AKAF is less concentrated, with 17.7% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.