Horizon Kinetics Inflation Beneficiaries ETF
$50.51−0.73 (−1.42%)
- 0.85%
- $1.53B
- +17.1%
- 0.79%
- 132K sh
- low $42.22high $56.28
The ETF.net INFL Grade
C
Score 41 out of 100
- 26 of 44
Score 41 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F22 out of 100Rank 34 of 44Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C48 out of 100Rank 27 of 42Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B63 out of 100Rank 11 of 44Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D37 out of 100Rank 35 of 44Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A78 out of 100Rank 6 of 44
Our read on INFL
In short
CMost equity funds chase an index. INFL chases purchasing power: a hand-picked book of roughly 50 stocks built around one question, what holds up when prices rise. Active since 2021, with no benchmark to hide behind.
Stated mandate
The Fund targets long-term capital appreciation after accounting for inflation.
Why people hold it
Worth knowing
INFL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
INFL$11,713
Returns run to the Nov 2, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | INFL |
|---|---|
| Year to date | +14.3% |
| 1 month | +0.2% |
| 3 months | −1.4% |
| 1 year | +17.1% |
| 3 years | +20.3% |
| 5 years | +11.7% |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | INFL |
|---|---|---|
| 2026 YTD | +14.3% | |
| 2025 | +18.3% | |
| 2024 | +23.3% | |
| 2023 | +1.6% | |
| 2022 | +2.6% | |
| 2021 | +24.8% |
INFL in the news
INFL Dividends
- 0.79%
- $0.40
- $0.09 per share
- Quarterly
INFL Risk
- 16.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.99
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −21.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.53
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
INFL Cost
Overpaying vs AVTM, cheapest in Global Active Equity
$11,641
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
INFL 0.85%
$16,199
AVTM 0.22% Cheapest
$4,558
Cost over time
Year by year
| Year | INFL | AVTM | Overpaying |
|---|---|---|---|
| 10 | $1,508 | $401 | $1,107 |
| 20 | $5,706 | $1,561 | $4,145 |
| 30 | $16,199 | $4,558 | $11,641 |
Other funds in Global Active Equity
- CJSTCAdasina Social Justice All Cap Global ETFExpense ratio 0.89%1 year return +12.8%
- CACTSFIS Tactical Equity ETFExpense ratio 0.69%1 year return
- CFGSMFrontier Asset Global Small Cap Equity ETFExpense ratio 0.82%1 year return +19.5%
- DCDIGCity Different Investments Global Equity ETFExpense ratio 0.75%1 year return +1.3%
- DLSATLeaderShares AlphaFactor Tactical Focused ETFExpense ratio 0.99%1 year return +26.3%
