INFLHorizon Kinetics Inflation Beneficiaries ETF

Grow my money5y track recordRanked #1,092 of 2,960 in this goal

Seeks long-term growth of capital in real (inflation-adjusted) terms.

By Horizon Kinetics · Launched 2021

Annual Cost

0.85%

#4,336 of 5,562 · expensive

Fund Size

$1.6B

#850 of 5,562 · large

Return (1Y)Goal

+18.6%

Track Record

5 years

#2,277 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$11,967+19.7%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Active selection

Focus

Royalties

What it actually holds

By weight

Concentration

Top 10 holdings = 48.4% of fundmoderately concentrated

Wheaton Precious Metals Corp

7.8%

Franco-Nevada Corp

5.1%

US BANK MMDA - USBGFS 7USBGFS7

4.9%

PrairieSky Royalty Ltd

4.7%

Landbridge Co LLC

4.7%

Viper Energy Inc

4.6%

OR Royalties Inc

4.3%

Intercontinental Exchange Inc

4.1%

Cameco Corp

4.1%

Texas Pacific Land Corp

4.1%

Asset allocation

Stocks

95.3%

Cash

4.6%

Other

0.1%

By sector

Energy

41.3%

Financial Services

25.0%

Basic Materials

22.4%

Consumer Defensive

3.4%

Utilities

3.0%

Industrials

1.9%

Healthcare

1.3%

Real Estate

1.3%

Other

0.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

16.2%Moderate

Year-on-year price swings

Max drawdown

-21.3%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.95Decent risk-adjusted returns

Sortino (3Y)

1.33Good downside protection

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks long-term growth of capital in real (inflation-adjusted) terms.
Strategy: Actively invests primarily in equity securities of companies expected to benefit from inflation. Focuses on common stocks, MLPs, and royalty trusts, emphasizing firms that can increase revenues without a corresponding rise in expenses.
Inception date: January 11, 2021
Fund family: Horizon Kinetics