AKAF vs. WBIG

Last updated Jun 25, 2026

AKAF (The Frontier Economic Fund) and WBIG (WBI BullBear Yield 3000 ETF) are both Global Equities funds. AKAF is passively managed, while WBIG is actively managed. A 0.72 correlation means they provide meaningful diversification when combined. AKAF charges 0.20%/yr vs 1.14%/yr for WBIG.

Performance

AKAF vs. WBIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Frontier Economic Fund (AKAF) and WBI BullBear Yield 3000 ETF (WBIG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AKAF achieves a 8.51% return, which is significantly lower than WBIG's 9.54% return.

AKAF

• 1D: -0.24%
• 1M: -2.02%
• YTD: 8.51%
• 6M: 6.70%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

WBIG

• 1D: -0.12%
• 1M: 3.51%
• YTD: 9.54%
• 6M: 8.36%
• 1Y: 18.98%
• 3Y*: 5.72%
• 5Y*: 1.10%
• 10Y*: 4.06%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AKAF vs. WBIG - Yearly Performance Comparison

	2026 (YTD)	2025
AKAF The Frontier Economic Fund	8.51%	17.17%
WBIG WBI BullBear Yield 3000 ETF	9.54%	9.24%

Correlation

The correlation between AKAF and WBIG is 0.72, 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	0.72

Return for Risk

AKAF vs. WBIG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AKAF

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

WBIG

WBIG Risk / Return Rank: 71
WBIG Sharpe Ratio Rank: 66
WBIG Sortino Ratio Rank: 68
WBIG Omega Ratio Rank: 65
WBIG Calmar Ratio Rank: 81
WBIG Martin Ratio Rank: 72

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AKAF vs. WBIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Frontier Economic Fund (AKAF) and WBI BullBear Yield 3000 ETF (WBIG). 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	WBIG	Difference
Sharpe ratio: Return per unit of total volatility	—	1.89	—
Sortino ratio: Return per unit of downside risk	—	2.72	—
Omega ratio: Gain probability vs. loss probability	—	1.34	—
Calmar ratio: Return relative to maximum drawdown	—	3.76	—
Martin ratio: Return relative to average drawdown	—	11.71	—

Drawdowns

AKAF vs. WBIG - Drawdown Comparison

The maximum AKAF drawdown since its inception was -9.32%, smaller than the maximum WBIG drawdown of -25.32%. Use the drawdown chart below to compare losses from any high point for AKAF and WBIG.

Drawdown Indicators

	AKAF	WBIG	Difference
Max Drawdown Largest peak-to-trough decline	-9.32%	-25.32%	+16.00%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.06%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-20.20%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.32%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-25.32%	—
Current Drawdown Current decline from peak	-4.42%	-4.07%	-0.35%
Average Drawdown Average peak-to-trough decline	-1.66%	-10.89%	+9.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.62%	—

Volatility

Volatility by Period

	AKAF	WBIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.65%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.95%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.03%	10.12%	+4.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.03%	12.05%	+2.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.03%	11.56%	+3.47%

AKAF vs. WBIG - Expense Ratio Comparison

AKAF has a 0.20% expense ratio, which is lower than WBIG's 1.14% expense ratio.

Dividends

AKAF vs. WBIG - Dividend Comparison

AKAF's dividend yield for the trailing twelve months is around 3.04%, more than WBIG's 1.20% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AKAF The Frontier Economic Fund	3.04%	2.25%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WBIG WBI BullBear Yield 3000 ETF	1.20%	1.74%	2.05%	1.74%	1.29%	2.94%	0.90%	1.87%	1.20%	1.27%	0.96%	1.41%

Frequently Asked Questions

Can I hold both AKAF and WBIG in my portfolio?

AKAF and WBIG have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AKAF or WBIG?

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.

Which ETF is cheaper, AKAF or WBIG?

AKAF is cheaper with a 0.20% expense ratio, compared with 1.14% for WBIG.

Which ETF pays a higher dividend yield, AKAF or WBIG?

AKAF has the higher dividend yield at 3.04%, compared with 1.20% for WBIG.

What is the main difference between AKAF and WBIG?

They also come from different issuers: Prospr Aligned and WBI. Their fees differ too: 0.20% for AKAF and 1.14% for WBIG.