INFL vs QLTA

Comparison between HORIZON KINETICS INFLATION BENEFICIARIES ETF (INFL, ETF) and ISHARES AAA - A RATED CORPORATE BOND ETF (QLTA, ETF).

5-Year PerformanceINFL has outperformed QLTA, delivering a return of +12.8% compared to -0.6%

INFL vs QLTA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	INFL(ETF)	QLTA(ETF)
Net Assets	$1.50B	$1.60B
Expense Ratio	0.85%	0.15%
Max Drawdown	21.77%	26.32%
Sharpe Ratio	1.02	-0.27
5Y Beta	0.68	0.10
P/E Ratio	40.54	N/A
5Y Dividends CAGR	74.69%	12.34%
Debt to Equity	91.24%	N/A
P/S Ratio	3.02	N/A
P/B Ratio	3.32	N/A

Net Assets

INFL

$1.50B

Winner

QLTA

$1.60B

Expense Ratio

INFL

0.85%

Winner

QLTA

0.15%

Max Drawdown

Winner

INFL

21.77%

QLTA

26.32%

Sharpe Ratio

Winner

INFL

1.02

QLTA

-0.27

5Y Beta

INFL

0.68

Winner

QLTA

0.10

P/E Ratio

INFL

40.54

QLTA

N/A

5Y Dividends CAGR

Winner

INFL

74.69%

QLTA

12.34%

Debt to Equity

INFL

91.24%

QLTA

N/A

P/S Ratio

INFL

3.02

QLTA

N/A

P/B Ratio

INFL

3.32

QLTA

N/A

INFL vs QLTA - Historical Returns

Returns include dividend reinvestment.

Period	INFL	QLTA
1 month	+2.60%	-1.78%
3 months	-3.70%	-0.87%
6 months	-0.50%	-0.91%
1 year	+22.41%	+2.80%
5 years(CAGR)	+12.77%	-0.60%
10 years(CAGR)	N/A	+1.70%
Max(CAGR)	+14.98%	+2.43%

Winner

INFL

+2.60%

QLTA

-1.78%

INFL

-3.70%

Winner

QLTA

-0.87%

Winner

INFL

-0.50%

QLTA

-0.91%

Winner

INFL

+22.41%

QLTA

+2.80%

5Y(CAGR)

Winner

INFL

+12.77%

QLTA

-0.60%

10Y(CAGR)

INFL

N/A

QLTA

+1.70%

Max(CAGR)

Winner

INFL

+14.98%

QLTA

+2.43%

INFL vs QLTA - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	INFL	QLTA
2026	+13.33%	-0.51%
2025	+16.90%	+7.38%
2024	+24.36%	+1.84%
2023	+3.96%	+6.96%
2022	+2.97%	-14.44%
2021	+24.78%	-1.97%
2020	N/A	+9.46%
2019	N/A	+12.41%
2018	N/A	-1.81%
2017	N/A	+5.55%
2016	N/A	+4.23%
2015	N/A	+0.13%
2014	N/A	+6.39%
2013	N/A	-2.60%
2012	N/A	+6.22%

INFL vs QLTA Drawdown Comparison

The maximum drawdown for INFL was -21.30%, occurring on Sep 26, 2022. Recovery took 552 trading sessions.

The maximum drawdown for QLTA was -22.28%, occurring on Oct 20, 2022. This drawdown has not yet recovered.

The current INFL drawdown is -8.04%. The current QLTA drawdown is -4.30%.

Rank	INFL	QLTA
#1	-21.30% Apr 20, 2022 - Jul 2, 2024	-22.28% Aug 6, 2020 - Oct 20, 2022
#2	-15.56% Nov 22, 2024 - May 20, 2025	-15.24% Mar 6, 2020 - May 29, 2020
#3	-12.19% Mar 2, 2026 - Jun 24, 2026	-7.06% May 2, 2013 - May 27, 2014
#4	-8.15% Nov 9, 2021 - Mar 2, 2022	-5.63% Jul 8, 2016 - Aug 23, 2017
#5	-7.17% Nov 12, 2025 - Jan 9, 2026	-4.40% Jan 30, 2015 - Mar 15, 2016
#6	-6.49% Jul 31, 2024 - Aug 19, 2024	-4.28% Dec 29, 2017 - Jan 31, 2019
#7	-5.94% Jun 15, 2021 - Sep 2, 2021	-2.71% Sep 4, 2019 - Dec 27, 2019
#8	-5.49% Jan 29, 2026 - Feb 11, 2026	-2.24% Jul 25, 2012 - Sep 24, 2012
#9	-4.78% Oct 6, 2025 - Nov 11, 2025	-2.20% Dec 6, 2012 - Apr 8, 2013
#10	-4.70% Feb 24, 2021 - Mar 10, 2021	-1.78% Feb 28, 2012 - May 1, 2012
#11	-4.56% Mar 17, 2021 - Apr 6, 2021	-1.70% Aug 27, 2014 - Oct 7, 2014
#12	-4.52% Jan 20, 2021 - Feb 5, 2021	-1.53% Oct 17, 2014 - Jan 2, 2015
#13	-4.26% Aug 23, 2024 - Sep 19, 2024	-1.43% May 5, 2016 - Jun 3, 2016
#14	-4.17% Sep 3, 2021 - Oct 13, 2021	-1.21% Jul 3, 2019 - Aug 1, 2019
#15	-3.59% Jun 13, 2025 - Aug 22, 2025	-1.06% Sep 7, 2017 - Dec 13, 2017

Correlation

Correlation between INFL and QLTA is 0.43 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.43

-101

Dividend Comparison (2012 - 2026)

INFL vs QLTA dividend yield comparison.

Year	INFL	QLTA
2026	0.42%	2.32%
2025	1.26%	4.33%
2024	1.78%	4.11%
2023	1.60%	3.39%
2022	1.65%	2.79%
2021	0.91%	1.96%
2020	0.00%	2.31%
2019	0.00%	2.99%
2018	0.00%	3.09%
2017	0.00%	2.67%
2016	0.00%	2.59%
2015	0.00%	2.99%
2014	0.00%	2.32%
2013	0.00%	2.14%
2012	0.00%	1.94%