AKAF vs RWL
The Frontier Economic Fund against Invesco S&P 500 Revenue ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
23%
73 shared positions
Fee gap
19 bp
AKAF is cheaper
1-year return gap
9.4 pts
RWL is ahead
Larger fund
RWL
$10.0B
Side by side
| AKAF | RWL | |
|---|---|---|
| Fund | The Frontier Economic Fund | Invesco S&P 500 Revenue ETF |
| Issuer | The Frontier | Invesco |
| Category | Emerging Markets | Multi-Factor |
| Expense ratio | 0.20% | 0.39% |
| Assets | $2.9M | $10.0B |
| Average daily dollar volume | $1K | $35M |
| Listed | Jun 25, 2025 | Feb 19, 2008 |
| FrenzyCap score | 50 | 78 |
| 1-month return | −2.9% | −0.1% |
| 3-month return | −0.4% | +1.2% |
| Year to date | +8.0% | +15.6% |
| 1-year return | +9.4% | +18.8% |
| 30-day volatility | 11.6% | 9.1% |
| Worst drawdown, 1 year | −9.4% | −7.0% |
| Trailing 12-month yield | 3.38% | 1.22% |
| Holdings | 147 | 506 |
| Top 10 weight | 19.4% | 23.8% |
| Look-through P/E | 23.8 | 22.4 |
| Holdings vs fair value | +12.2% | +15.7% |
| Holdings above 200-day average | 41% | 61% |
| Net flow, latest 3 reported months | −$661K thru May 2026 | +$394M thru May 2026 |
| 30-day implied volatility | — | 13.9% |
| Holdings as of | as of May 31, 2026SEC filing | as of Oct 8, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
56% of AKAF · 37% of RWL| Holding | AKAF | RWL |
|---|---|---|
| XOM | 1.99% | 1.88% |
| AMZN | 0.88% | 3.93% |
| GOOGL | 0.84% | 1.18% |
| CVS | 0.84% | 1.93% |
| AAPL | 0.79% | 2.54% |
| MSFT | 0.78% | 1.78% |
| GM | 0.70% | 0.92% |
| COST | 0.68% | 1.55% |
| VZ | 0.66% | 0.65% |
| WMT | 0.63% | 3.87% |
| WFC | 0.63% | 0.59% |
| HD | 0.57% | 0.81% |
| F | 0.56% | 0.86% |
| MCK | 0.53% | 2.16% |
| DIS | 0.65% | 0.51% |
| TGT | 0.50% | 0.53% |
| PEP | 0.58% | 0.46% |
| FDX | 2.18% | 0.45% |
| LOW | 0.52% | 0.43% |
| BA | 0.68% | 0.43% |
| UPS | 1.89% | 0.43% |
| HCA | 0.50% | 0.41% |
| KR | 0.41% | 0.81% |
| SYY | 0.38% | 0.41% |
| LMT | 0.56% | 0.38% |
Sector mix of the stock holdings
| Sector | AKAF | RWL | Gap |
|---|---|---|---|
| Industrials | 28.9% | 11.5% | +17.5% |
| Consumer Discretionary | 14.7% | 17.4% | −2.7% |
| Technology | 6.1% | 18.0% | −11.8% |
| Health Care | 1.6% | 16.5% | −14.9% |
| Energy | 9.1% | 6.6% | +2.5% |
| Financials | 2.4% | 11.5% | −9.2% |
| Consumer Staples | 3.8% | 7.0% | −3.2% |
| Materials | 8.2% | 2.5% | +5.7% |
| Communication Services | 2.0% | 3.2% | −1.2% |
| Utilities | 0.8% | 3.0% | −2.2% |
| Other | 1.3% | 0.0% | +1.3% |
| Real Estate | 0.0% | 0.9% | −0.9% |
More: full overlap table · AKAF holdings · RWL holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.