AKAF vs. SDIV
AKAF (The Frontier Economic Fund) and SDIV (Global X SuperDividend ETF) are both Global Equities funds - AKAF tracks the Alaska Last Frontier Index while SDIV tracks the Solactive Global SuperDividend Index. Both are passively managed. Over the past year, AKAF returned 27.47% vs 19.77% for SDIV. A 0.71 correlation means they provide meaningful diversification when combined. AKAF charges 0.20%/yr vs 0.58%/yr for SDIV.
Performance
AKAF vs. SDIV - 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 SDIV's 4.63% return.
AKAF
- 1D
- 0.26%
- 1M
- -2.75%
- YTD
- 8.79%
- 6M
- 6.98%
- 1Y
- 27.47%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SDIV
- 1D
- 0.12%
- 1M
- -3.54%
- YTD
- 4.63%
- 6M
- 4.59%
- 1Y
- 19.77%
- 3Y*
- 14.35%
- 5Y*
- -0.75%
- 10Y*
- 0.30%
AKAF vs. SDIV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AKAF The Frontier Economic Fund | 8.79% | 17.17% |
SDIV Global X SuperDividend ETF | 4.63% | 14.47% |
Correlation
The correlation between AKAF and SDIV is 0.71, 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 | 0.71 |
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Return for Risk
AKAF vs. SDIV — Risk / Return Rank
AKAF
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SDIV
AKAF vs. SDIV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Frontier Economic Fund (AKAF) and Global X SuperDividend ETF (SDIV). 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 | SDIV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.27 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.70 | — |
| Martin ratioReturn relative to average drawdown | — | 8.16 | — |
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Drawdowns
AKAF vs. SDIV - Drawdown Comparison
The maximum AKAF drawdown since its inception was -9.32%, smaller than the maximum SDIV drawdown of -56.90%. Use the drawdown chart below to compare losses from any high point for AKAF and SDIV.
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Drawdown Indicators
| AKAF | SDIV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.32% | -56.90% | +47.58% |
Max Drawdown (1Y)Largest decline over 1 year | -9.32% | -7.35% | -1.97% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.64% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -40.32% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.90% | — |
Current DrawdownCurrent decline from peak | -4.18% | -18.81% | +14.63% |
Average DrawdownAverage peak-to-trough decline | -1.67% | -18.58% | +16.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.43% | — |
Volatility
AKAF vs. SDIV - Volatility Comparison
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Volatility by Period
| AKAF | SDIV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.64% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 9.89% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 15.01% | 12.69% | +2.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.01% | 16.86% | -1.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.01% | 18.92% | -3.91% |
AKAF vs. SDIV - Expense Ratio Comparison
AKAF has a 0.20% expense ratio, which is lower than SDIV's 0.58% expense ratio.
Dividends
AKAF vs. SDIV - Dividend Comparison
AKAF's dividend yield for the trailing twelve months is around 3.03%, less than SDIV's 9.35% 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% |
SDIV Global X SuperDividend ETF | 9.35% | 9.59% | 11.33% | 11.73% | 14.17% | 8.95% | 7.96% | 8.73% | 9.22% | 6.66% | 6.95% | 7.33% |
Frequently Asked Questions
AKAF and SDIV have a correlation of 0.71, 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 19.77% for SDIV. 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 19.77%. 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 0.58% for SDIV.
SDIV has the higher dividend yield at 9.35%, compared with 3.03% for AKAF.
AKAF tracks Alaska Last Frontier Index, while SDIV tracks Solactive Global SuperDividend Index. They also come from different issuers: Prospr Aligned and Global X. Their fees differ too: 0.20% for AKAF and 0.58% for SDIV.
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