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INFL · Horizon Kinetics Inflation Beneficiaries ETF

Equity fundActively managed0.85% fee$1.5bnSince Jan 12, 2021SEC filings ↗
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INFL is actively managed and returned +13.7% over the past year.

+13.7%
Total return, 1 year
0.85%
Expense ratio
48
Holdings
−9.8%
Below its high
WindowTotal returnS&P 500Gap to S&P 500Gap to Nasdaq-100
3M Jul 2 – Oct 2, 2026+1.4%+3.6%−2.1 pts−3.9 pts
6M Apr 2 – Oct 2, 2026−3.5%+17.9%−21.5 pts−31.9 pts
1Y Oct 2, 2025 – Oct 2, 2026+13.7%+16.2%−2.5 pts−10.6 pts
3Y Oct 3, 2023 – Oct 2, 2026+77.6%+89.3%−11.7 pts−37.2 pts
Since listing Jan 12, 2021 – Oct 2, 2026+116.6%+119.4%−2.8 pts−30.3 pts

INFL over each window to Oct 2, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.

INFL top ten by weight, 50.1% of its 48 equity positions, from the holdings filed for Jun 30, 2026. An index fund holds what the index holds, so this is the index. Source: the fund’s SEC filing.

Landbridge Co LLC LB 7.11%
WaterBridge Infrastructure LLC WBI 5.97%
Wheaton Precious Metals Corp WPM 5.62%
Texas Pacific Land Corp TPL 5.21%
PrairieSky Royalty Ltd PSK 4.93%
Franco-Nevada Corp FNV 4.85%
Viper Energy Inc VNOM 4.38%
Cameco Corp CCJ 4.31%
Singapore Exchange Ltd SGX 3.86%
Intercontinental Exchange Inc ICE 3.80%
Fund filings on SEC EDGAR ↗
Head to head
Funds near this one
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In plain words

INFL is actively managed and tracks no index. Over the year to Oct 2, 2026 it returned +13.7% with distributions reinvested, against +16.2% for the S&P 500 and +24.3% for the Nasdaq-100. The prospectus expense ratio is 0.85% a year. By its holdings filed for Jun 30, 2026, 15% of the fund by weight is stocks the S&P 500 also holds, across 48 positions, with the top ten at 50.1%. It sat 9.8% below its high of Aug 25, 2026 on Oct 2, 2026.
What it tracksNo index, actively managed
Fund typeEquity fund
Category (ETFIQ)Stocks · Global small and mid-cap
Expense ratio (485BPOS XBRL, Apr 27, 2026)0.85%
Price$50.41
Listed sinceJan 12, 2021
Net assets (SEC filing, whole fund, as filed for Jun 30, 2026)$1.5bn
Below its high (ETFIQ)−9.8%
Holdings48
Top ten weight50.1%
Holdings as of (SEC N-PORT)Jun 30, 2026
Already in the S&P 500, by weight (ETFIQ)14.6%
Active share vs the S&P 500 (ETFIQ)99.6%
Already in the Nasdaq-100, by weight (ETFIQ)0.0%
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

Questions people ask about INFL

How has INFL performed?
Over the year to Oct 2, 2026, INFL returned +13.7% with distributions reinvested, against +16.2% for the S&P 500. Over three years the figure is +77.6%.
What does INFL cost?
The prospectus expense ratio is 0.85% a year.
What does INFL hold?
48 positions as filed for Jun 30, 2026, with the top ten at 50.1% of the fund. 15% of its weight is in stocks the S&P 500 also holds.
How far is INFL below its high?
9.8% below its high of Aug 25, 2026, measured on the reinvested series to Oct 2, 2026.
Sources and dates
Prices, INFL and S&P 500Tiingo end-of-day · Oct 2, 2026
Fee, 0.85%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $1.5bnSEC filing, whole fund · Jun 30, 2026
HoldingsHoldings filing (SEC Form N-PORT) · Jun 30, 2026 ↗
IssuerHorizon Kinetics website ↗
All fund filingsFund filings on SEC EDGAR ↗
SourceHorizon Kinetics’s own site ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

ETFIQ covers core, leveraged and inverse, buffer, thematic, option-income, alternatives and spot crypto ETFs. This fund is here because the other funds here are measured against it and portfolios hold it. ETFIQ is an independent publisher and makes no recommendations. Standards and sources

How these figures are computed →Standards and sources →Open data →
Cite this page

ETFIQ, INFL, core fund, data as of Oct 2, 2026. https://etfiq.com/funds/infl

Free to use with attribution; the underlying files are at Open data.

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