AKAF vs. FWD
AKAF (The Frontier Economic Fund) and FWD (AB Disruptors ETF) are both Global Equities funds. AKAF is passively managed, while FWD is actively managed. Over the past year, AKAF returned 27.47% vs 66.22% for FWD. A 0.60 correlation means they provide meaningful diversification when combined. AKAF charges 0.20%/yr vs 0.65%/yr for FWD.
Performance
AKAF vs. FWD - Performance Comparison
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Returns By Period
In the year-to-date period, AKAF achieves a 8.79% return, which is significantly lower than FWD's 38.71% return.
AKAF
- 1D
- 0.26%
- 1M
- -2.75%
- YTD
- 8.79%
- 6M
- 6.98%
- 1Y
- 27.47%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FWD
- 1D
- 2.60%
- 1M
- 2.56%
- YTD
- 38.71%
- 6M
- 35.93%
- 1Y
- 66.22%
- 3Y*
- 39.18%
- 5Y*
- —
- 10Y*
- —
AKAF vs. FWD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AKAF The Frontier Economic Fund | 8.79% | 17.17% |
FWD AB Disruptors ETF | 38.71% | 19.83% |
Correlation
The correlation between AKAF and FWD is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025 | 0.60 |
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Return for Risk
AKAF vs. FWD — Risk / Return Rank
AKAF
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FWD
AKAF vs. FWD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Frontier Economic Fund (AKAF) and AB Disruptors ETF (FWD). 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 | FWD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.41 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 5.11 | — |
| Martin ratioReturn relative to average drawdown | — | 17.26 | — |
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Drawdowns
AKAF vs. FWD - Drawdown Comparison
The maximum AKAF drawdown since its inception was -9.32%, smaller than the maximum FWD drawdown of -29.02%. Use the drawdown chart below to compare losses from any high point for AKAF and FWD.
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Drawdown Indicators
| AKAF | FWD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.32% | -29.02% | +19.70% |
Max Drawdown (1Y)Largest decline over 1 year | -9.32% | -13.03% | +3.71% |
Max Drawdown (3Y)Largest decline over 3 years | — | -29.02% | — |
Current DrawdownCurrent decline from peak | -4.18% | -2.69% | -1.49% |
Average DrawdownAverage peak-to-trough decline | -1.67% | -4.06% | +2.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.85% | — |
Volatility
AKAF vs. FWD - Volatility Comparison
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Volatility by Period
| AKAF | FWD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 12.72% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 21.91% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 15.01% | 26.74% | -11.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.01% | 25.40% | -10.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.01% | 25.40% | -10.39% |
AKAF vs. FWD - Expense Ratio Comparison
AKAF has a 0.20% expense ratio, which is lower than FWD's 0.65% expense ratio.
Dividends
AKAF vs. FWD - Dividend Comparison
AKAF's dividend yield for the trailing twelve months is around 3.03%, more than FWD's 0.08% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
AKAF The Frontier Economic Fund | 3.03% | 2.25% | 0.00% |
FWD AB Disruptors ETF | 0.08% | 0.11% | 1.89% |
Frequently Asked Questions
AKAF and FWD have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On 1-year performance, FWD leads with 66.22% vs 27.47% for AKAF. 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.
Over the 1-year period, FWD has performed better with a 66.22% return vs 27.47%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AKAF is cheaper with a 0.20% expense ratio, compared with 0.65% for FWD.
AKAF has the higher dividend yield at 3.03%, compared with 0.08% for FWD.
They also come from different issuers: Prospr Aligned and AllianceBernstein. Their fees differ too: 0.20% for AKAF and 0.65% for FWD.
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