AKAF vs. INKM
AKAF (The Frontier Economic Fund) and INKM (SPDR SSgA Income Allocation ETF) are both Global Equities funds. AKAF is passively managed, while INKM is actively managed. Over the past year, AKAF returned 27.47% vs 12.56% for INKM. A 0.76 correlation means they provide meaningful diversification when combined. AKAF charges 0.20%/yr vs 0.50%/yr for INKM.
Performance
AKAF vs. INKM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AKAF achieves a 8.79% return, which is significantly higher than INKM's 6.26% return.
AKAF
- 1D
- 0.26%
- 1M
- -2.75%
- YTD
- 8.79%
- 6M
- 6.98%
- 1Y
- 27.47%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
INKM
- 1D
- 0.27%
- 1M
- 0.45%
- YTD
- 6.26%
- 6M
- 5.86%
- 1Y
- 12.56%
- 3Y*
- 10.04%
- 5Y*
- 4.10%
- 10Y*
- 5.79%
AKAF vs. INKM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AKAF The Frontier Economic Fund | 8.79% | 17.17% |
INKM SPDR SSgA Income Allocation ETF | 6.26% | 5.93% |
Correlation
The correlation between AKAF and INKM is 0.76, 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 | 0.76 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AKAF vs. INKM — Risk / Return Rank
AKAF
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
INKM
AKAF vs. INKM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Frontier Economic Fund (AKAF) and SPDR SSgA Income Allocation ETF (INKM). 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 | INKM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.39 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.77 | — |
| Martin ratioReturn relative to average drawdown | — | 10.87 | — |
Loading charts...
Drawdowns
AKAF vs. INKM - Drawdown Comparison
The maximum AKAF drawdown since its inception was -9.32%, smaller than the maximum INKM drawdown of -28.58%. Use the drawdown chart below to compare losses from any high point for AKAF and INKM.
Loading charts...
Drawdown Indicators
| AKAF | INKM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.32% | -28.58% | +19.26% |
Max Drawdown (1Y)Largest decline over 1 year | -9.32% | -4.55% | -4.77% |
Max Drawdown (3Y)Largest decline over 3 years | — | -9.25% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.18% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.58% | — |
Current DrawdownCurrent decline from peak | -4.18% | -0.35% | -3.83% |
Average DrawdownAverage peak-to-trough decline | -1.67% | -3.68% | +2.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.16% | — |
Volatility
AKAF vs. INKM - Volatility Comparison
Loading charts...
Volatility by Period
| AKAF | INKM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.82% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 4.78% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 15.01% | 6.08% | +8.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.01% | 8.32% | +6.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.01% | 9.76% | +5.25% |
AKAF vs. INKM - Expense Ratio Comparison
AKAF has a 0.20% expense ratio, which is lower than INKM's 0.50% expense ratio.
Dividends
AKAF vs. INKM - Dividend Comparison
AKAF's dividend yield for the trailing twelve months is around 3.03%, less than INKM's 4.79% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AKAF The Frontier Economic Fund | 3.03% | 2.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
INKM SPDR SSgA Income Allocation ETF | 4.79% | 5.82% | 4.83% | 4.56% | 5.03% | 3.74% | 3.88% | 4.38% | 4.08% | 3.10% | 3.39% | 3.45% |
Frequently Asked Questions
AKAF and INKM have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On 1-year performance, AKAF leads with 27.47% vs 12.56% for INKM. 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, AKAF has performed better with a 27.47% return vs 12.56%. 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 0.50% for INKM.
INKM has the higher dividend yield at 4.79%, compared with 3.03% for AKAF.
They also come from different issuers: Prospr Aligned and State Street. Their fees differ too: 0.20% for AKAF and 0.50% for INKM.
Find the right allocation for AKAF and INKM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer