IHAK vs. INFL ETF Comparison

Comparison of iShares Cybersecurity and Tech ETF (IHAK) to Horizon Kinetics Inflation Beneficiaries ETF (INFL)

IHAK

iShares Cybersecurity and Tech ETF

IHAK Description

The investment seeks to track the investment results of the NYSEÂ® FactSetÂ® Global Cyber Security IndexTM. The fund generally will invest at least 90% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The index is composed of developed and emerging market companies that are involved in cyber security and technology, including cyber security hardware, software, products, and services. It is non-diversified.

Grade (RS Rating)

Last Trade

$50.12

Average Daily Volume

61,819

Number of Holdings ^*

* may have additional holdings in another (foreign) market

INFL

Horizon Kinetics Inflation Beneficiaries ETF

INFL Description

The investment seeks long-term growth of capital in real (inflation-adjusted) terms. 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.

Grade (RS Rating)

Last Trade

$41.80

Average Daily Volume

168,329

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IHAK	INFL
30 Days	-2.62%	2.42%
60 Days	1.20%	8.97%
90 Days	1.64%	12.45%
12 Months	20.85%	34.71%

1 Overlapping Holdings

	Symbol	Grade	Weight in IHAK	Weight in INFL	Overlap
	CACI	D	4.93%	3.57%	3.57%

IHAK Overweight 20 Positions Relative to INFL

Symbol	Grade	Weight
FTNT	B	6.02%
S	C	5.85%
SAIC	F	4.8%
PANW	A	4.78%
VRNS	D	4.47%
BAH	F	4.34%
ZS	C	4.19%
QLYS	C	4.12%
JNPR	D	3.93%
TENB	D	3.75%
AKAM	F	3.66%
CRWD	B	3.57%
OKTA	D	3.24%
ALRM	C	3.22%
RPD	C	2.83%
YOU	D	2.38%
CALX	F	2.12%
ATEN	A	1.34%
OSPN	A	0.69%
CHGX	B	0.35%

IHAK Underweight 15 Positions Relative to INFL

Symbol	Grade	Weight
TPL	A	-9.35%
ICE	D	-4.32%
LNG	A	-3.06%
MMC	D	-2.82%
ADM	D	-2.34%
BG	D	-2.21%
WFG	C	-2.15%
DBRG	F	-1.7%
JOE	F	-1.19%
MSB	B	-0.98%
PBT	B	-0.94%
RPRX	D	-0.73%
DMLP	A	-0.54%
SBR	B	-0.49%
SJT	D	-0.41%