INFL vs. FTRI ETF Comparison

Comparison of Horizon Kinetics Inflation Beneficiaries ETF (INFL) to First Trust Indxx Global Natural Resources Income ETF (FTRI)

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

$39.60

Average Daily Volume

132,065

Number of Holdings ^*

16

* may have additional holdings in another (foreign) market

FTRI

First Trust Indxx Global Natural Resources Income ETF

FTRI Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Indxx Global Natural Resources Income Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks and/or depositary receipts that comprise the index. The index is a 50-stock free float adjusted market capitalization weighted index designed to measure the market performance of the 50 highest dividend yielding companies involved in the upstream segment of the natural resources sector. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$13.05

Average Daily Volume

61,541

Number of Holdings ^*

20

* may have additional holdings in another (foreign) market

Performance

Period	INFL	FTRI
30 Days	3.17%	-4.96%
60 Days	7.13%	-1.63%
90 Days	13.98%	2.10%
12 Months	32.01%	9.68%

2 Overlapping Holdings

	Symbol	Grade	Weight in INFL	Weight in FTRI	Overlap
	BG	F	2.33%	2.85%	2.33%
	WFG	C	2.32%	1.14%	1.14%

INFL Overweight 14 Positions Relative to FTRI

	Symbol	Grade	Weight
	TPL	A	7.69%
	ICE	C	4.69%
	CACI	A	3.67%
	MMC	D	2.82%
	LNG	A	2.72%
	ADM	F	2.67%
	JOE	F	1.27%
	DBRG	D	0.96%
	MSB	A	0.95%
	PBT	F	0.88%
	RPRX	D	0.78%
	DMLP	A	0.52%
	SBR	D	0.48%
	SJT	C	0.43%

INFL Underweight 18 Positions Relative to FTRI

	Symbol	Grade	Weight
	FCX	D	-10.53%
	AWK	D	-5.9%
	WY	D	-4.37%
	EC	F	-3.77%
	PNR	B	-3.69%
	CF	B	-3.38%
	WTRG	C	-2.4%
	MOS	B	-1.93%
	UFPI	C	-1.76%
	FMC	B	-1.74%
	WTS	D	-1.2%
	NOG	F	-0.78%
	CWT	D	-0.68%
	ARLP	A	-0.51%
	SJW	F	-0.38%
	ANDE	F	-0.34%
	MSEX	B	-0.25%
	AGRO	B	-0.25%

INFL: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Farm Products Real Estate - General Asset Management Biotechnology Financial Data & Stock Exchanges Information Technology Services Insurance Brokers Lumber & Wood Production Oil & Gas Drilling Oil & Gas Midstream REIT - Diversified

Keywords: Permian Basin Royalty Trust Royalty Trust S&P 500 Animal Feed Biodiesel Cotton Energy Crops Flour Foods Forestry Meals Natural Gas Oil And Gas Law Oil And Gas Properties Physical Objects Soybean Staple Foods Sugarcane Wheat Acid

FTRI: Top Represented Industries & Keywords

Industries: Utilities - Regulated Water Agricultural Inputs Lumber & Wood Production Diversified Industrials Farm Products Coal Copper Food Distribution Oil & Gas E&P Oil & Gas Integrated

Keywords: S&P 500 Fertilizer Building Materials Crops Forestry Irrigation Mining Phosphates Soybean Sugarcane Water Supply Wood Wood Products Ammonia Animal Feed Bagasse Chemical Construction Cotton Crop Protection Chemicals