AKAF vs. FIXT

Last updated Jun 26, 2026

AKAF (The Frontier Economic Fund) and FIXT (Procure Disaster Recovery Strategy ETF) are both Global Equities funds - AKAF tracks the Alaska Last Frontier Index while FIXT tracks the VettaFi Natural Disaster Response and Mitigation Index. Both are passively managed. Over the past year, AKAF returned 27.47% vs 5.06% for FIXT. At a 0.33 correlation, their price movements are largely independent. AKAF charges 0.20%/yr vs 0.75%/yr for FIXT.

Performance

AKAF vs. FIXT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Frontier Economic Fund (AKAF) and Procure Disaster Recovery Strategy ETF (FIXT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AKAF achieves a 8.79% return, which is significantly higher than FIXT's 1.30% return.

AKAF

• 1D: 0.26%
• 1M: -2.75%
• YTD: 8.79%
• 6M: 6.98%
• 1Y: 27.47%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FIXT

• 1D: 0.11%
• 1M: 1.31%
• YTD: 1.30%
• 6M: 1.03%
• 1Y: 5.06%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AKAF vs. FIXT - Yearly Performance Comparison

	2026 (YTD)	2025
AKAF The Frontier Economic Fund	8.79%	17.17%
FIXT Procure Disaster Recovery Strategy ETF	1.30%	3.72%

Correlation

The correlation between AKAF and FIXT is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	0.33

Return for Risk

AKAF vs. FIXT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AKAF

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

FIXT

FIXT Risk / Return Rank: 39
FIXT Sharpe Ratio Rank: 42
FIXT Sortino Ratio Rank: 45
FIXT Omega Ratio Rank: 40
FIXT Calmar Ratio Rank: 36
FIXT Martin Ratio Rank: 34

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AKAF vs. FIXT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Frontier Economic Fund (AKAF) and Procure Disaster Recovery Strategy ETF (FIXT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AKAF	FIXT	Difference
Sharpe ratio: Return per unit of total volatility	—	1.35	—
Sortino ratio: Return per unit of downside risk	—	2.03	—
Omega ratio: Gain probability vs. loss probability	—	1.24	—
Calmar ratio: Return relative to maximum drawdown	—	1.68	—
Martin ratio: Return relative to average drawdown	—	4.66	—

Drawdowns

AKAF vs. FIXT - Drawdown Comparison

The maximum AKAF drawdown since its inception was -9.32%, which is greater than FIXT's maximum drawdown of -3.02%. Use the drawdown chart below to compare losses from any high point for AKAF and FIXT.

Drawdown Indicators

	AKAF	FIXT	Difference
Max Drawdown Largest peak-to-trough decline	-9.32%	-3.02%	-6.30%
Max Drawdown (1Y) Largest decline over 1 year	-9.32%	-3.02%	-6.30%
Current Drawdown Current decline from peak	-4.18%	-0.84%	-3.34%
Average Drawdown Average peak-to-trough decline	-1.67%	-0.76%	-0.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.09%	—

Volatility

Volatility by Period

	AKAF	FIXT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.97%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.52%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.01%	3.76%	+11.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.01%	3.76%	+11.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.01%	3.76%	+11.25%

AKAF vs. FIXT - Expense Ratio Comparison

AKAF has a 0.20% expense ratio, which is lower than FIXT's 0.75% expense ratio.

Dividends

AKAF vs. FIXT - Dividend Comparison

AKAF's dividend yield for the trailing twelve months is around 3.03%, less than FIXT's 5.49% yield.

Position	TTM	2025
AKAF The Frontier Economic Fund	3.03%	2.25%
FIXT Procure Disaster Recovery Strategy ETF	5.49%	3.24%

Frequently Asked Questions

Can I hold both AKAF and FIXT in my portfolio?

AKAF and FIXT have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AKAF or FIXT?

On 1-year performance, AKAF leads with 27.47% vs 5.06% for FIXT. On fees, AKAF is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AKAF or FIXT?

Over the 1-year period, AKAF has performed better with a 27.47% return vs 5.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AKAF or FIXT?

AKAF is cheaper with a 0.20% expense ratio, compared with 0.75% for FIXT.

Which ETF pays a higher dividend yield, AKAF or FIXT?

FIXT has the higher dividend yield at 5.49%, compared with 3.03% for AKAF.

What is the main difference between AKAF and FIXT?

AKAF tracks Alaska Last Frontier Index, while FIXT tracks VettaFi Natural Disaster Response and Mitigation Index. They also come from different issuers: Prospr Aligned and Procure. Their fees differ too: 0.20% for AKAF and 0.75% for FIXT.