INFL vs. FFLC
Compare and contrast key facts about Horizon Kinetics Inflation Beneficiaries ETF (INFL) and Fidelity Fundamental Large Cap Core ETF (FFLC).
INFL and FFLC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. INFL is an actively managed fund by Horizon Kinetics LLC. It was launched on Jan 11, 2021. FFLC is an actively managed fund by Fidelity. It was launched on Jun 2, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: INFL or FFLC.
Key characteristics
| INFL | FFLC | |
|---|---|---|
| YTD Return | 32.32% | 32.65% |
| 1Y Return | 39.95% | 43.08% |
| 3Y Return (Ann) | 10.87% | 18.04% |
| Sharpe Ratio | 2.94 | 3.42 |
| Sortino Ratio | 3.82 | 4.58 |
| Omega Ratio | 1.51 | 1.63 |
| Calmar Ratio | 3.38 | 5.09 |
| Martin Ratio | 17.54 | 24.52 |
| Ulcer Index | 2.31% | 1.86% |
| Daily Std Dev | 13.80% | 13.23% |
| Max Drawdown | -21.30% | -15.86% |
| Current Drawdown | -1.46% | 0.00% |
Correlation
The correlation between INFL and FFLC is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
INFL vs. FFLC - Performance Comparison
The year-to-date returns for both investments are quite close, with INFL having a 32.32% return and FFLC slightly higher at 32.65%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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INFL vs. FFLC - Expense Ratio Comparison
INFL has a 0.85% expense ratio, which is higher than FFLC's 0.38% expense ratio.
Risk-Adjusted Performance
INFL vs. FFLC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Horizon Kinetics Inflation Beneficiaries ETF (INFL) and Fidelity Fundamental Large Cap Core ETF (FFLC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
INFL vs. FFLC - Dividend Comparison
INFL's dividend yield for the trailing twelve months is around 1.41%, more than FFLC's 0.67% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
INFL Horizon Kinetics Inflation Beneficiaries ETF | 1.41% | 1.60% | 1.65% | 0.91% | 0.00% |
FFLC Fidelity Fundamental Large Cap Core ETF | 0.67% | 0.57% | 1.67% | 1.68% | 0.89% |
Drawdowns
INFL vs. FFLC - Drawdown Comparison
The maximum INFL drawdown since its inception was -21.30%, which is greater than FFLC's maximum drawdown of -15.86%. Use the drawdown chart below to compare losses from any high point for INFL and FFLC. For additional features, visit the drawdowns tool.
Volatility
INFL vs. FFLC - Volatility Comparison
The current volatility for Horizon Kinetics Inflation Beneficiaries ETF (INFL) is 3.69%, while Fidelity Fundamental Large Cap Core ETF (FFLC) has a volatility of 4.05%. This indicates that INFL experiences smaller price fluctuations and is considered to be less risky than FFLC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.