AKAF vs VOO
The Frontier Economic Fund ETF vs Vanguard S&P 500 ETF
Which is better, AKAF or VOO?
Each has led over a different period.
VOO has a lower expense ratio. AKAF led over the full window, VOO over 1Y. AKAF is less concentrated, with 17.7% of the fund in its ten largest positions against 37.6%.
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 | VOO |
|---|---|---|
| Expense Ratio | 0.20% | 0.03%Best |
| AUM | $3M | $997.4B |
| Dividend Yield | 2.86% | 1.04% |
| Holdings | 143 | 509 |
| YTD Return | +8.41% | +13.31%Best |
| 1Y Return | +14.76% | +17.07%Best |
| 3Y Return (annualized) | - | +22.72% |
| 5Y Return (annualized) | - | +13.19% |
| Volatility (annualized) | 14.1% | 11.9%Best |
| Max Drawdown | -9.3% | -8.9%Best |
| $10,000 over 1.2 years | $12,656Best | $12,624 |
| Top 10 Weight | 17.7%Best | 37.6% |
| Fund Family | Frontier Economic Fund | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 25, 2025 | Sep 7, 2010 |
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 23, 2026 (1.2 years).
AKAF vs VOO 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 VOO Performance
The Frontier Economic Fund ETF (AKAF) is an ETF from Frontier Economic Fund and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year AKAF returned +14.76% while VOO returned +17.07%. Year to date, AKAF is up 8.41% versus a gain of 13.31% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AKAF has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 11.9% for VOO. 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 -8.9% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.48. They move together some of the time, and apart the rest.
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 2.86% against 1.04% for VOO.
Holdings Overlap
59.4% of AKAF's money is in holdings VOO also owns. 32.5% of VOO's money is in holdings AKAF also owns.
The two portfolios partly overlap.
77 positions in common, counted across the 149 positions we hold weights for in AKAF and 494 in VOO, against full books of 143 and 509.
What only one of them owns
Our book lists 410 positions for VOO that do not appear in our book for AKAF (66.7% of the fund), and 40 for AKAF that do not appear in VOO (19.4%).
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 VOO | Difference |
|---|---|---|---|
| AAPLApple, Inc | 0.75% | 7.05% | 6.30% |
| MSFTMicrosoft Corp | 0.73% | 5.36% | 4.63% |
| AMZNAmazon.Com Inc | 0.70% | 4.13% | 3.43% |
| GOOGLAlphabet Inc,class A | 0.70% | 3.24% | 2.54% |
| XOMExxon Mobil Corp. | 2.16% | 1.00% | 1.16% |
| COPConocophillips Common Stock USD 0.01 | 2.22% | 0.23% | 1.99% |
| UBERUber Technologies Inc | 2.08% | 0.22% | 1.86% |
| DASHDoordash Inc - A | 2.14% | 0.12% | 2.02% |
| SLBSchlumberger Nv. | 1.55% | 0.12% | 1.43% |
| HALHalliburton Co. | 1.56% | 0.04% | 1.52% |
59.4% of AKAF is already inside VOO.
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 VOO?
AKAF has an expense ratio of 0.20% while VOO charges 0.03%. VOO is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, AKAF or VOO?
Over the past year AKAF returned +14.76% vs +17.07% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (1 years), AKAF annualized +21.69% vs +21.43% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AKAF or VOO?
AKAF has been the more volatile fund at 14.1% annualized versus 11.9% for VOO. Worst drawdown: AKAF -9.3% vs VOO -8.9%.
Should I hold both AKAF and VOO?
AKAF and VOO have a monthly-return correlation of 0.48, 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 VOO?
59.4% of AKAF's money is in holdings VOO also owns. 32.5% of VOO's is in holdings AKAF also owns. They hold 77 positions in common, counted across the 149 positions we hold weights for in AKAF and 494 in VOO.
Which pays a higher dividend, AKAF or VOO?
AKAF yields 2.86% while VOO yields 1.04%, so AKAF currently pays the higher dividend yield.
Is VOO better than AKAF?
VOO has a lower expense ratio. AKAF led over the full window, VOO over 1Y. AKAF is less concentrated, with 17.7% of the fund in its ten largest positions against 37.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.