RCGE vs. INFL

Last updated Aug 1, 2026

RCGE (RockCreek Global Equality ETF) and INFL (Horizon Kinetics Inflation Beneficiaries ETF) are both Global Equities funds. Both are actively managed. Over the past year, RCGE returned 18.47% vs 25.84% for INFL. Their 0.49 correlation means their historical movements had little consistent relationship. RCGE charges 0.95%/yr vs 0.85%/yr for INFL.

Performance

RCGE vs. INFL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RockCreek Global Equality ETF (RCGE) and Horizon Kinetics Inflation Beneficiaries ETF (INFL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RCGE achieves a 9.52% return, which is significantly lower than INFL's 15.87% return.

RCGE

• 1D: -0.72%
• 1M: 2.70%
• 6M: 7.02%
• YTD: 9.52%
• 1Y: 18.47%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 16.42%

INFL

• 1D: -0.06%
• 1M: 3.05%
• 6M: 5.26%
• YTD: 15.87%
• 1Y: 25.84%
• 3Y*: 18.91%
• 5Y*: 12.86%
• 10Y*: —
• ALL TIME*: 15.35%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
INFL Horizon Kinetics Inflation Beneficiaries ETF	$4.88M	$5.98M	$13.46M
RCGE RockCreek Global Equality ETF	$848.09	$796.67	$990.58

RCGE vs. INFL - Yearly Performance Comparison

	2026 (YTD)	2025
RCGE RockCreek Global Equality ETF	9.52%	13.33%
INFL Horizon Kinetics Inflation Beneficiaries ETF	15.87%	13.45%

Correlation

The correlation between RCGE and INFL is 0.45, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.45
Correlation (All Time) Calculated using the full available price history since Feb 27, 2025	0.49

Return for Risk

RCGE vs. INFL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

RCGE

RCGE Risk / Return Rank: 60
RCGE Sharpe Ratio Rank: 63
RCGE Sortino Ratio Rank: 65
RCGE Omega Ratio Rank: 63
RCGE Calmar Ratio Rank: 54
RCGE Martin Ratio Rank: 57

INFL

INFL Risk / Return Rank: 60
INFL Sharpe Ratio Rank: 68
INFL Sortino Ratio Rank: 60
INFL Omega Ratio Rank: 63
INFL Calmar Ratio Rank: 59
INFL Martin Ratio Rank: 48

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

RCGE vs. INFL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RockCreek Global Equality ETF (RCGE) and Horizon Kinetics Inflation Beneficiaries ETF (INFL). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	RCGE	INFL	Difference
Sharpe ratio: Return per unit of total volatility	1.49	1.55	-0.05
Sortino ratio: Return per unit of downside risk	2.19	2.02	+0.16
Omega ratio: Gain probability vs. loss probability	1.27	1.27	0.00
Calmar ratio: Return relative to maximum drawdown	1.97	2.07	-0.10
Martin ratio: Return relative to average drawdown	6.92	5.55	+1.37

RCGE vs. INFL - Sharpe Ratio Comparison

The current RCGE Sharpe Ratio is 1.49, which is comparable to the INFL Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of RCGE and INFL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RCGE vs. INFL - Drawdown Comparison

The maximum RCGE drawdown since its inception was -13.32%, smaller than the maximum INFL drawdown of -21.30%. Use the drawdown chart below to compare losses from any high point for RCGE and INFL.

Drawdown Indicators

	RCGE	INFL	Difference
Max Drawdown Largest peak-to-trough decline	-13.32%	-21.30%	+7.98%
Max Drawdown (1Y) Largest decline over 1 year	-9.33%	-12.20%	+2.87%
Max Drawdown (3Y) Largest decline over 3 years	—	-15.56%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.30%	—
Current Drawdown Current decline from peak	-0.72%	-6.59%	+5.87%
Average Drawdown Average peak-to-trough decline	-1.88%	-5.20%	+3.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.66%	4.55%	-1.89%

Volatility

RCGE vs. INFL - Volatility Comparison

RockCreek Global Equality ETF (RCGE) has a higher volatility of 3.88% compared to Horizon Kinetics Inflation Beneficiaries ETF (INFL) at 3.06%. This indicates that RCGE's price experiences larger fluctuations and is considered to be riskier than INFL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RCGE	INFL	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.88%	3.06%	+0.82%
Volatility (6M) Calculated over the trailing 6-month period	10.28%	12.71%	-2.43%
Volatility (1Y) Calculated over the trailing 1-year period	12.37%	16.38%	-4.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.17%	17.74%	-2.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.17%	17.59%	-2.42%

RCGE vs. INFL - Expense Ratio Comparison

RCGE has a 0.95% expense ratio, which is higher than INFL's 0.85% expense ratio.

Dividends

RCGE vs. INFL - Dividend Comparison

RCGE's dividend yield for the trailing twelve months is around 1.66%, more than INFL's 0.80% yield.

Position	TTM	2025	2024	2023	2022	2021
INFL Horizon Kinetics Inflation Beneficiaries ETF	0.80%	1.26%	1.77%	1.60%	1.65%	0.91%
RCGE RockCreek Global Equality ETF	1.66%	1.81%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RCGE and INFL in my portfolio?

RCGE and INFL have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RCGE or INFL?

RCGE has higher volatility (3.88%) compared to INFL (3.06%). In terms of maximum drawdown, RCGE dropped -13.32% vs INFL's -21.30%.

Which ETF is better, RCGE or INFL?

On 1-year performance, INFL leads with 25.84% vs 18.47% for RCGE. On fees, INFL is cheaper at 0.85% per year. On volatility, INFL has been the lower-risk option at 3.06%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RCGE or INFL?

Over the 1-year period, INFL has performed better with a 25.84% return vs 18.47%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RCGE or INFL?

INFL is cheaper with a 0.85% expense ratio, compared with 0.95% for RCGE.

Which ETF pays a higher dividend yield, RCGE or INFL?

RCGE has the higher dividend yield at 1.66%, compared with 0.80% for INFL.

What is the main difference between RCGE and INFL?

They also come from different issuers: Alpha Architect and Horizon Kinetics. Their fees differ too: 0.95% for RCGE and 0.85% for INFL.

Which has better risk-adjusted returns?

INFL currently has the higher Sharpe Ratio (1.55 vs 1.49), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.