---
ticker: "INFL"
name: "Horizon Kinetics Inflation Beneficiaries ETF"
url: "https://etf.net/etf/INFL"
grade: "C"
score: 42
graded_at: "2026-10-12"
category: "Global Active Equity"
category_rank: "25 of 44"
methodology: "https://etf.net/methodology"
---

# INFL: Horizon Kinetics Inflation Beneficiaries ETF

Grade **C**, Score 42 of 100. Rank 25 of 44 in Global Active Equity.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 28 | 31 of 44 |
| Mission | Not scored | — |
| Risk | 42 | 29 of 42 |
| Tradability | 65 | 11 of 44 |
| Holdings | 36 | 35 of 44 |
| Durability | 79 | 6 of 44 |

## Top holdings

The fund holds 50 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | LB | Landbridge Co LLC | 7.28% |
| 2 | WPM | Wheaton Precious Metals Corp | 6.39% |
| 3 | FNV | Franco-Nevada Corp | 5.36% |
| 4 | PSK.TO | PrairieSky Royalty Ltd | 4.92% |
| 5 | WBI | WaterBridge Infrastructure LLC | 4.91% |
| 6 | ICE | Intercontinental Exchange Inc | 4.54% |
| 7 | TPL | Texas Pacific Land Corp | 4.27% |
| 8 | — | Us Bank Mmda - Usbgfs 7 06/01/2031 | 4.24% |
| 9 | PBT | Permian Basin Royalty Trust | 3.81% |
| 10 | OR | OR Royalties Inc | 3.75% |
| 11 | CCJ | Cameco Corp | 3.50% |
| 12 | — | Singapore Exchange Ltd | 3.16% |
| 13 | DB1.DE | Deutsche Boerse AG | 3.08% |
| 14 | LNG | Cheniere Energy Inc | 2.87% |
| 15 | CME | CME Group Inc | 2.70% |
| 16 | VNOM | Viper Energy Inc | 2.47% |
| 17 | X.TO | TMX Group Ltd | 2.25% |
| 18 | GLEN.L | Glencore PLC | 2.08% |
| 19 | TPZ.TO | Topaz Energy Corp | 2.04% |
| 20 | WHK | WhiteHawk Minerals Corp | 2.00% |
| 21 | HE | Hawaiian Electric Industries Inc | 1.93% |
| 22 | MIAX | Miami International Holdings Inc | 1.91% |
| 23 | EROK | EagleRock Land LLC | 1.84% |
| 24 | TW | Tradeweb Markets Inc | 1.62% |
| 25 | BG | Bunge Global SA | 1.62% |
| 26 | 8697.T | Japan Exchange Group Inc | 1.56% |
| 27 | MRSH | Marsh & McLennan Cos Inc | 1.52% |
| 28 | SII | Sprott Inc | 1.36% |
| 29 | RPRX | Royalty Pharma PLC | 1.22% |
| 30 | JOE | St Joe Co/The | 1.21% |

Source: etf.net, https://etf.net/etf/INFL. Please cite the page URL.