This inflation-focused ETF may be in a sweet spot
Publishing timestamp: 2024-05-11 11:00:01
Summary
Horizon Kinetics' Inflation Beneficiaries ETF is designed to profit from higher rates and is positioned well for the current inflation environment. The ETF aims to diversify investors' portfolios by investing in companies that are "asset light" and "capital light." Despite underperforming the S&P 500 this year, the fund's portfolio manager believes that gains from inflation-oriented ETFs have more long-term stability than the current megacap rally.
Sentiment: POSITIVE
Tickers: XLK, PSK-CA, VNOM, WPM-CA, .SPX, WPM, INFL,
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Source: https://www.cnbc.com/2024/05/11/inflation-etf-may-be-in-a-sweet-spot-even-if-fed-cuts-rates.html