Horizon Kinetics Inflation Beneficiaries ETF (INFL)

NYSE Arca: INFLExchange-traded fund from Horizon Kinetics.

  • Expense ratio0.85%
  • Net assets$1.55B
  • Dividend yield0.77%
  • 1-year return+16.94%
  • Holdings45

INFL ETF price chart

INFL quote & trading statistics

INFL performance

Total return · as of October 17, 2026
  • YTD+16.70%
  • 1 year+16.94%
  • 3 years+20.12%/yr
  • 5 years+11.96%/yr
  • 10 years0.00%/yr
1Y volatility
21.18%
3Y volatility
15.98%
3Y Sharpe ratio
0.90

Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.

INFL top 10 holdings

Horizon Kinetics Inflation Beneficiaries ETF largest holdings by weight
#SymbolNameWeight
1LBLandBridge Company LLC7.10%
2WPMWheaton Precious Metals Corp6.39%
3PSKPrairieSky Royalty Ltd5.29%
4FNVFranco-Nevada Corporation5.16%
5WBIWaterBridge Infrastructure LLC4.77%
6ICEIntercontinental Exchange Inc4.76%
7TPLTexas Pacific Land Corporation4.23%
8OROR Royalties Inc.3.82%
9PBTPermian Basin Royalty Trust3.57%
10CCOCameco Corp3.20%

The top 10 holdings make up 48.3% of the fund (45 holdings in total). As of October 17, 2026.

INFL sector weights

Energy
40.4%
Financial Services
26.6%
Basic Materials
21.1%
Consumer Defensive
2.7%
Industrials
2.3%
Utilities
2.1%
Healthcare
1.4%
Real Estate
1.3%
Communication Services
0.4%

INFL region weights

North America
85.5%
Europe Developed
5.5%
Asia Developed
4.0%
Japan
2.0%
United Kingdom
0.5%

INFL asset allocation

U.S. stocks
48.9%
Non-U.S. stocks
45.1%
Cash
4.4%
Other
0.0%

INFL market-cap breakdown

Mid cap
34.7%
Micro cap
26.8%
Large cap
24.1%
Small cap
8.8%
Mega cap
2.9%

About Horizon Kinetics Inflation Beneficiaries ETF

The fund is an actively-managed ETF that seeks to achieve its investment objective by investing primarily in the equity securities of domestic and foreign companies that are expected to benefit, either directly or indirectly, from rising prices (inflation). The fund's investments in equity securities are generally expected to include common stock, ownership units of publicly traded MLPs, and units of royalty trusts. The fund is non-diversified.

INFL ETF FAQ

What is the INFL expense ratio?

Horizon Kinetics Inflation Beneficiaries ETF has a net expense ratio of 0.85%, or $85.00 a year for every $10,000 invested.

How much money is in INFL?

Horizon Kinetics Inflation Beneficiaries ETF has about $1.55B in net assets.

What are the top holdings of INFL?

The largest positions in INFL are LandBridge Company LLC (7.10%), Wheaton Precious Metals Corp (6.39%), PrairieSky Royalty Ltd (5.29%). The fund holds 45 securities in total.

How has INFL performed?

INFL returned +16.94% over the past year and +11.96% a year over the past five years, including reinvested distributions.

Does INFL pay dividends?

INFL has a dividend yield of 0.77%.

When was INFL launched?

Horizon Kinetics Inflation Beneficiaries ETF began trading on January 11, 2021.