AKAF vs. IOO
AKAF (The Frontier Economic Fund) and IOO (iShares Global 100 ETF) are both Global Equities funds - AKAF tracks the Alaska Last Frontier Index while IOO tracks the S&P Global 100 Index (Net). Both are passively managed. Over the past year, AKAF returned 27.47% vs 27.68% for IOO. A 0.62 correlation means they provide meaningful diversification when combined. AKAF charges 0.20%/yr vs 0.40%/yr for IOO.
Performance
AKAF vs. IOO - Performance Comparison
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Returns By Period
In the year-to-date period, AKAF achieves a 8.79% return, which is significantly higher than IOO's 6.27% return.
AKAF
- 1D
- 0.26%
- 1M
- -2.75%
- YTD
- 8.79%
- 6M
- 6.98%
- 1Y
- 27.47%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IOO
- 1D
- -0.83%
- 1M
- -5.32%
- YTD
- 6.27%
- 6M
- 5.57%
- 1Y
- 27.68%
- 3Y*
- 23.03%
- 5Y*
- 15.14%
- 10Y*
- 16.72%
AKAF vs. IOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AKAF The Frontier Economic Fund | 8.79% | 17.17% |
IOO iShares Global 100 ETF | 6.27% | 20.14% |
Correlation
The correlation between AKAF and IOO is 0.62, 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 | 0.62 |
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Return for Risk
AKAF vs. IOO — Risk / Return Rank
AKAF
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IOO
AKAF vs. IOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Frontier Economic Fund (AKAF) and iShares Global 100 ETF (IOO). 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 | IOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.35 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.80 | — |
| Martin ratioReturn relative to average drawdown | — | 11.68 | — |
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Drawdowns
AKAF vs. IOO - Drawdown Comparison
The maximum AKAF drawdown since its inception was -9.32%, smaller than the maximum IOO drawdown of -55.85%. Use the drawdown chart below to compare losses from any high point for AKAF and IOO.
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Drawdown Indicators
| AKAF | IOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.32% | -55.85% | +46.53% |
Max Drawdown (1Y)Largest decline over 1 year | -9.32% | -9.94% | +0.62% |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.19% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.52% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.43% | — |
Current DrawdownCurrent decline from peak | -4.18% | -6.59% | +2.41% |
Average DrawdownAverage peak-to-trough decline | -1.67% | -11.25% | +9.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.38% | — |
Volatility
AKAF vs. IOO - Volatility Comparison
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Volatility by Period
| AKAF | IOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.29% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 11.49% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 15.01% | 14.24% | +0.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.01% | 17.17% | -2.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.01% | 17.73% | -2.72% |
AKAF vs. IOO - Expense Ratio Comparison
AKAF has a 0.20% expense ratio, which is lower than IOO's 0.40% expense ratio.
Dividends
AKAF vs. IOO - Dividend Comparison
AKAF's dividend yield for the trailing twelve months is around 3.03%, more than IOO's 0.87% 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% |
IOO iShares Global 100 ETF | 0.87% | 0.92% | 1.08% | 1.49% | 2.00% | 1.53% | 1.49% | 2.02% | 2.54% | 2.23% | 2.75% | 2.89% |
Frequently Asked Questions
AKAF and IOO have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On 1-year performance, IOO leads with 27.68% 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, IOO has performed better with a 27.68% 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 0.40% for IOO.
AKAF has the higher dividend yield at 3.03%, compared with 0.87% for IOO.
AKAF tracks Alaska Last Frontier Index, while IOO tracks S&P Global 100 Index (Net). They also come from different issuers: Prospr Aligned and iShares. Their fees differ too: 0.20% for AKAF and 0.40% for IOO.
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