TMFG vs. INFL

Last updated Aug 4, 2026

TMFG (Motley Fool Global Opportunities ETF) and INFL (Horizon Kinetics Inflation Beneficiaries ETF) are both Global Equities funds. Both are actively managed. Over the past 3 years, TMFG returned 12.52%/yr vs 18.77%/yr for INFL. Their 0.57 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.85% expense ratio.

Performance

TMFG vs. INFL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Motley Fool Global Opportunities ETF (TMFG) 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, TMFG achieves a 5.76% return, which is significantly lower than INFL's 15.98% return.

TMFG

• 1D: 1.85%
• 1M: 2.53%
• 6M: 5.07%
• YTD: 5.76%
• 1Y: 8.13%
• 3Y*: 12.52%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 4.47%

INFL

• 1D: 0.10%
• 1M: 3.15%
• 6M: 6.21%
• YTD: 15.98%
• 1Y: 25.96%
• 3Y*: 18.77%
• 5Y*: 13.02%
• 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	$4.89M	$4.96M	$13.18M
TMFG Motley Fool Global Opportunities ETF	$305.59K	$359.54K	$429.54K

TMFG vs. INFL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
TMFG Motley Fool Global Opportunities ETF	5.76%	6.75%	15.45%	28.36%	-28.17%	1.91%
INFL Horizon Kinetics Inflation Beneficiaries ETF	15.98%	18.30%	23.34%	1.62%	2.65%	3.22%

Correlation

The correlation between TMFG and INFL is 0.35, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.35
Correlation (3Y) Balances recent behavior with more history.	0.50
Correlation (All Time) Calculated using the full available price history since Dec 13, 2021	0.57

Over the past year, the correlation between TMFG and INFL has dropped to 0.35 - well below their long-term average of 0.57, suggesting their price drivers have been diverging.

TMFG vs. INFL - Sectors Allocation Comparison

Sectors	TMFG	INFL
Industrials	23.9%	1.8%
Financial Services	17.9%	20.6%
Communication Services	13.0%	0.3%
Technology	12.4%	-
Consumer Cyclical	10.7%	-
Real Estate	8.1%	1.2%
Healthcare	6.6%	1.3%
Consumer Defensive	5.4%	1.9%
Basic Materials	2.1%	19.1%
Energy	-	43.4%
Utilities	-	3.0%

Return for Risk

TMFG vs. INFL — Risk / Return Rank

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

TMFG

TMFG Risk / Return Rank: 25
TMFG Sharpe Ratio Rank: 26
TMFG Sortino Ratio Rank: 25
TMFG Omega Ratio Rank: 23
TMFG Calmar Ratio Rank: 23
TMFG Martin Ratio Rank: 28

INFL

INFL Risk / Return Rank: 59
INFL Sharpe Ratio Rank: 67
INFL Sortino Ratio Rank: 59
INFL Omega Ratio Rank: 62
INFL Calmar Ratio Rank: 58
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.

TMFG vs. INFL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Motley Fool Global Opportunities ETF (TMFG) 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.

	TMFG	INFL	Difference
Sharpe ratio: Return per unit of total volatility	0.60	1.59	-0.99
Sortino ratio: Return per unit of downside risk	0.94	2.08	-1.14
Omega ratio: Gain probability vs. loss probability	1.11	1.28	-0.17
Calmar ratio: Return relative to maximum drawdown	0.69	2.14	-1.45
Martin ratio: Return relative to average drawdown	2.33	5.70	-3.37

TMFG vs. INFL - Sharpe Ratio Comparison

The current TMFG Sharpe Ratio is 0.60, which is lower than the INFL Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of TMFG 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

TMFG vs. INFL - Drawdown Comparison

The maximum TMFG drawdown since its inception was -33.66%, which is greater than INFL's maximum drawdown of -21.30%. Use the drawdown chart below to compare losses from any high point for TMFG and INFL.

Drawdown Indicators

	TMFG	INFL	Difference
Max Drawdown Largest peak-to-trough decline	-33.66%	-21.30%	-12.36%
Max Drawdown (1Y) Largest decline over 1 year	-11.81%	-12.20%	+0.39%
Max Drawdown (3Y) Largest decline over 3 years	-16.60%	-15.56%	-1.04%
Max Drawdown (5Y) Largest decline over 5 years	—	-21.30%	—
Current Drawdown Current decline from peak	0.00%	-6.50%	+6.50%
Average Drawdown Average peak-to-trough decline	-10.16%	-5.20%	-4.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.50%	4.56%	-1.06%

Volatility

TMFG vs. INFL - Volatility Comparison

Motley Fool Global Opportunities ETF (TMFG) has a higher volatility of 3.92% compared to Horizon Kinetics Inflation Beneficiaries ETF (INFL) at 2.86%. This indicates that TMFG'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

	TMFG	INFL	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.92%	2.86%	+1.06%
Volatility (6M) Calculated over the trailing 6-month period	10.52%	12.01%	-1.49%
Volatility (1Y) Calculated over the trailing 1-year period	13.59%	16.38%	-2.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.45%	17.74%	+0.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.45%	17.59%	+0.86%

TMFG vs. INFL - Expense Ratio Comparison

Both TMFG and INFL have an expense ratio of 0.85%.

Dividends

TMFG vs. INFL - Dividend Comparison

TMFG's dividend yield for the trailing twelve months is around 0.26%, less 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%
TMFG Motley Fool Global Opportunities ETF	0.26%	0.27%	13.94%	5.42%	0.70%	0.00%

Frequently Asked Questions

Can I hold both TMFG and INFL in my portfolio?

TMFG and INFL have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TMFG or INFL?

TMFG has higher volatility (3.92%) compared to INFL (2.86%). In terms of maximum drawdown, TMFG dropped -33.66% vs INFL's -21.30%.

Which ETF is better, TMFG or INFL?

On 3-year performance, INFL leads with 18.77% vs 12.52% for TMFG. Both ETFs have the same 0.85% expense ratio. On volatility, INFL has been the lower-risk option at 2.86%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TMFG or INFL?

Over the 3-year period, INFL has performed better with a 18.77% return vs 12.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TMFG or INFL?

TMFG and INFL have the same expense ratio: 0.85% per year.

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

INFL has the higher dividend yield at 0.80%, compared with 0.26% for TMFG.

What is the main difference between TMFG and INFL?

They also come from different issuers: Motley Fool and Horizon Kinetics.

Which has better risk-adjusted returns?

INFL currently has the higher Sharpe Ratio (1.59 vs 0.60), 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.