AKAF vs. NXTE
AKAF (The Frontier Economic Fund) and NXTE (Axs Green Alpha ETF) are both Global Equities funds. AKAF is passively managed, while NXTE is actively managed. A 0.67 correlation means they provide meaningful diversification when combined. AKAF charges 0.20%/yr vs 1.00%/yr for NXTE.
Performance
AKAF vs. NXTE - Performance Comparison
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Returns By Period
In the year-to-date period, AKAF achieves a 13.11% return, which is significantly lower than NXTE's 35.18% return.
AKAF
- 1D
- 1.30%
- 1M
- 3.08%
- YTD
- 13.11%
- 6M
- 14.01%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NXTE
- 1D
- -0.69%
- 1M
- 14.44%
- YTD
- 35.18%
- 6M
- 33.52%
- 1Y
- 62.19%
- 3Y*
- 18.45%
- 5Y*
- —
- 10Y*
- —
AKAF vs. NXTE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AKAF The Frontier Economic Fund | 13.11% | 16.79% |
NXTE Axs Green Alpha ETF | 35.18% | 14.28% |
Correlation
The correlation between AKAF and NXTE is 0.67, 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 27, 2025 | 0.67 |
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Return for Risk
AKAF vs. NXTE — Risk / Return Rank
AKAF
NXTE
AKAF vs. NXTE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Frontier Economic Fund (AKAF) and Axs Green Alpha ETF (NXTE). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| AKAF | NXTE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 2.55 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.36 | 0.66 | +1.70 |
Drawdowns
AKAF vs. NXTE - Drawdown Comparison
The maximum AKAF drawdown since its inception was -9.32%, smaller than the maximum NXTE drawdown of -28.64%. Use the drawdown chart below to compare losses from any high point for AKAF and NXTE.
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Drawdown Indicators
| AKAF | NXTE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.32% | -28.64% | +19.32% |
Max Drawdown (1Y)Largest decline over 1 year | — | -13.68% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -27.24% | — |
Current DrawdownCurrent decline from peak | -0.37% | -1.30% | +0.93% |
Average DrawdownAverage peak-to-trough decline | -1.62% | -7.87% | +6.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.26% | — |
Volatility
AKAF vs. NXTE - Volatility Comparison
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Volatility by Period
| AKAF | NXTE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 9.29% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 19.31% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 14.68% | 24.52% | -9.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.68% | 25.98% | -11.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.68% | 25.98% | -11.30% |
AKAF vs. NXTE - Expense Ratio Comparison
AKAF has a 0.20% expense ratio, which is lower than NXTE's 1.00% expense ratio.
Dividends
AKAF vs. NXTE - Dividend Comparison
AKAF's dividend yield for the trailing twelve months is around 2.08%, more than NXTE's 0.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
AKAF The Frontier Economic Fund | 2.08% | 2.25% | 0.00% | 0.00% | 0.00% |
NXTE Axs Green Alpha ETF | 0.37% | 0.36% | 0.52% | 0.76% | 0.13% |
Frequently Asked Questions
AKAF and NXTE have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
AKAF is cheaper with a 0.20% expense ratio, compared with 1.00% for NXTE.
AKAF has the higher dividend yield at 2.08%, compared with 0.37% for NXTE.
They also come from different issuers: Prospr Aligned and AXS. Their fees differ too: 0.20% for AKAF and 1.00% for NXTE.
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