AKAF vs QQQ
The Frontier Economic Fund ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. AKAF delivered stronger 1-year returns. AKAF offers more diversification with 143 holdings.
Side-by-Side Comparison
| Metric | AKAF | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.20% | 0.18% | |
| AUM | $3M | $496.3B | |
| Dividend Yield | 2.98% | 0.44% | |
| Holdings | 143 | 108 | |
| YTD Return | +15.10% | +16.23% | |
| 1Y Return | +28.34% | +26.23% | |
| 3Y Return (annualized) | - | +25.75% | |
| 5Y Return (annualized) | - | +14.78% | |
| Volatility (annualized) | 13.2% | 30.6% | |
| Max Drawdown | -9.3% | -83.0% | |
| Fund Family | Frontier Economic Fund | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Jun 25, 2025 | Mar 10, 1999 |
AKAF vs QQQ Performance
The Frontier Economic Fund ETF (AKAF) is a ETF from Frontier Economic Fund and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year AKAF returned +28.34% while QQQ returned +26.23%. Year to date, AKAF is up 15.10% versus a gain of 16.23% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 13.2% 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 -83.0% for QQQ. 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 0.27. They move independently enough that combining them can meaningfully diversify a portfolio.
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 2.98% against 0.44% for QQQ.
Holdings Overlap
AKAF and QQQ share 17 holdings out of 224 unique holdings combined, representing a 9.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $2 per year of difference.
Which performed better, AKAF or QQQ?
Over the past year AKAF returned +28.34% vs +26.23% for QQQ, so AKAF leads on 1-year performance. Over the longest common window we track (1 years), AKAF annualized +30.25% vs +13.02% for QQQ. Past performance does not guarantee future results.
Which is riskier, AKAF or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 13.2% for AKAF. Worst drawdown: AKAF -9.3% vs QQQ -83.0%.
Should I hold both AKAF and QQQ?
AKAF and QQQ have a monthly-return correlation of 0.27, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AKAF and QQQ?
AKAF and QQQ share 17 common holdings with a 9.0% weight overlap. Combined, they hold 224 unique securities.
Which pays a higher dividend, AKAF or QQQ?
AKAF yields 2.98% while QQQ yields 0.44%, so AKAF currently pays the higher dividend yield.
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