Fossil fuel companiesare fueling the climate crisis.


Horizon Kinetics Inflation Beneficiaries ETF

Shareclass
Horizon Kinetics Inflation Bnfcrs ETF (INFL)
Type
Exchange-traded fund
Fossil fuel exposure of 38.55% places the fund in the F tier, between 9% and 100% exposure.

Methodology
F
Investments in major fossil fuel companies
Glencore PLC
Carbon Underground 200Top 200 carbon reserves
$16.18 MILLION
Fossil fuel holdings
Energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
1
holdings
$16.18M
invested
1.43%
of portfolio
Coal industry
Coal industry
Coal miners, coal services, owners of coal reserves
1
holdings
$16.18M
invested
1.43%
of portfolio
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
12
holdings
$393.24M
invested
35%
of portfolio
Utility sector
Top 50 coal-fired utilities
Top 50 coal-fired utilities
Macroclimate 50
No direct stock holdings
Fossil-fired utilities
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
1
holdings
$26.31M
invested
2.33%
of portfolio
  When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.
All fossil fuel companies
14 holdings
14 holdings
  • 1. LandBridge Co LLC Class A shares
    Oil/gas industry
    $90.01M
    7.96%
  • 2. Texas Pacific Land Corp
    Oil/gas industry
    $77.05M
    6.82%
  • 3. Viper Energy Inc Ordinary Shares - Class A
    Oil/gas industry
    $66.84M
    5.91%
  • 4. PrairieSky Royalty Ltd
    Oil/gas industry
    $53.64M
    4.75%
  • 5. Cheniere Energy Inc
    Oil/gas industry
    $38.32M
    3.39%
See all
Share to spread the word.
Business as usual is fueling climate destruction.
Horizon Kinetics Inflation Beneficiaries ETF $INFL is 39% ($435.73 MILLION) invested in fossil fuel stocks
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Financial performance
Performance data provided byMorningstarFind more financial data on INFL at Morningstar.com
Current fund
INFL
Horizon Kinetics Inflation Beneficiaries ETF
Family
Horizon Kinetics
Category
Global Small/Mid Stock
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 3/31/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher
 3-yr returns 
1.68% more in annualized returns
More invested in fossil fuels 
29% more invested
Lower fossil finance risk score 
20 points lower
Lower fossil insurance risk score 
19 points lower
Less invested in Clean200 
19.85% less invested
Current fund
INFL
Horizon Kinetics Inflation Beneficiaries ETF
Family
Horizon Kinetics
Category
Global Small/Mid Stock
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 3/31/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher
 3-yr returns 
1.68% more in annualized returns
More invested in fossil fuels 
29% more invested
Lower fossil finance risk score 
20 points lower
Lower fossil insurance risk score 
19 points lower
Less invested in Clean200 
19.85% less invested
Current fund
INFL
Horizon Kinetics Inflation Beneficiaries ETF
Family
Horizon Kinetics
Category
Global Small/Mid Stock
vs.
Benchmark
ACWI
iShares MSCI ACWI ETF
Family
iShares from BlackRock
Category
Global Large-Stock Blend
Fund comparison settings
Investment timeline
Performance as of: 3/31/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI
ACWI - iShares MSCI ACWI ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher
 3-yr returns 
1.68% more in annualized returns
More invested in fossil fuels 
29% more invested
Lower fossil finance risk score 
20 points lower
Lower fossil insurance risk score 
19 points lower
Less invested in Clean200 
19.85% less invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Fossil fuel %
This fund
INFL - Horizon Kinetics Inflation Beneficiaries ETF
27%
8.84%
/
/
39% 
Benchmark
ACWI - iShares MSCI ACWI ETF
7.43%
7.17%
15%
8.99%
9.46% 
Fund compared to benchmark
 
20%
1.68%
/
/
29%  higher
Find more financial data on INFL at Morningstar.com
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