INFL vs VTI
Horizon Kinetics Inflation Beneficiaries ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, INFL or VTI?
Mid Cap Growth against Large Cap Blend.
VTI has a lower expense ratio. INFL led over 1Y, 3Y, 5Y and the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 48.4%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | INFL | VTI |
|---|---|---|
| Expense Ratio | 0.85% | 0.03%Best |
| AUM | $1.6B | $666.9B |
| Dividend Yield | 0.75% | 1.03% |
| Holdings | 53 | 3,543 |
| YTD Return | +18.78%Best | +11.06% |
| 1Y Return | +22.46%Best | +15.41% |
| 3Y Return (annualized) | +20.59%Best | +20.48% |
| 5Y Return (annualized) | +13.73%Best | +11.52% |
| Volatility (annualized) | 17.2% | 15.3%Best |
| Max Drawdown | -21.3%Best | -25.4% |
| $10,000 over 5 years | $19,027Best | $17,249 |
| Top 10 Weight | 48.4% | 33.3%Best |
| Fund Family | Horizon Kinetics LLC | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Blend |
| Inception | Jan 11, 2021 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Jan 12, 2021 to Sep 16, 2026 (5.7 years).
INFL vs VTI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5.7 years both funds cover.
INFL vs VTI Performance
Horizon Kinetics Inflation Beneficiaries ETF (INFL) is an ETF from Horizon Kinetics LLC and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year INFL returned +22.46% while VTI returned +15.41%. Year to date, INFL is up 18.78% versus a gain of 11.06% for VTI.
Over three years, INFL compounded at +20.59% per year against +20.48% for VTI; over five years the annualized figures are +13.73% and +11.52% respectively. Across the full 6-year window we track, INFL has the edge at +15.54% annualized vs +13.15%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
INFL has been the more volatile fund, with annualized monthly volatility of 17.2% compared with 15.3% for VTI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -21.3% for INFL and -25.4% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.65. They move together some of the time, and apart the rest.
Fees and Cost Over Time
INFL charges 0.85% per year while VTI charges 0.03%. On a $10,000 position that is $85 vs $3 annually, a gap of $82 per year that compounds over a long holding period. On income, INFL currently yields 0.75% against 1.03% for VTI.
Holdings Overlap
28.9% of INFL's money is in holdings VTI also owns. 0.6% of VTI's money is in holdings INFL also owns.
INFL and VTI share little of their money.
14 positions in common, counted across the 47 positions we hold weights for in INFL and 3,463 in VTI, against full books of 53 and 3,543.
What only one of them owns
Our book lists 1,141 positions for VTI that do not appear in our book for INFL (96.9% of the fund), and 11 for INFL that do not appear in VTI (23.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in INFL | Weight in VTI | Difference |
|---|---|---|---|
| ICEInternational Exchange, Inc. | 4.31% | 0.12% | 4.19% |
| VNOMViper Energy Inc Cl A | 4.12% | 0.01% | 4.11% |
| TPLTexas Pacific Land Trust | 3.86% | 0.03% | 3.83% |
| LNGCheniere Energy Inc. | 2.87% | 0.08% | 2.79% |
| CMECme Group, Cl A | 2.51% | 0.13% | 2.38% |
| MIAXMiami International Holdings, Inc. | 2.37% | 0.01% | 2.36% |
| HEHawaiian Electric Industr | 2.27% | 0.00% | 2.27% |
| BGBunge Global Sa Common Shares | 1.82% | 0.02% | 1.80% |
| MMCMarsh & Mclennan Cos Inc Common Stock Usd 1 | 1.53% | 0.13% | 1.40% |
| JOESt. Joe Company | 1.15% | 0.00% | 1.15% |
28.9% of INFL is already inside VTI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, INFL or VTI?
INFL has an expense ratio of 0.85% while VTI charges 0.03%. VTI is the cheaper option, by $82 a year on a $10,000 investment.
Which performed better, INFL or VTI?
Over the past year INFL returned +22.46% vs +15.41% for VTI, so INFL leads on 1-year performance. Over the longest common window we track (6 years), INFL annualized +15.54% vs +13.15% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, INFL or VTI?
INFL has been the more volatile fund at 17.2% annualized versus 15.3% for VTI. Worst drawdown: INFL -21.3% vs VTI -25.4%.
Should I hold both INFL and VTI?
INFL and VTI have a monthly-return correlation of 0.65, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between INFL and VTI?
28.9% of INFL's money is in holdings VTI also owns. 0.6% of VTI's is in holdings INFL also owns. They hold 14 positions in common, counted across the 47 positions we hold weights for in INFL and 3,463 in VTI.
Which pays a higher dividend, INFL or VTI?
INFL yields 0.75% while VTI yields 1.03%, so VTI currently pays the higher dividend yield.
Is VTI better than INFL?
VTI has a lower expense ratio. INFL led over 1Y, 3Y, 5Y and the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 48.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.