But even if the Federal Reserve starts to cut this year, Horizon Kinetics' James Davolos thinks his firm's Inflation Beneficiaries ETF (INFL) is in a sweet spot.
"We're actually going into the mature phase of inflation," the firm's portfolio manager Davolos told CNBC's "ETF Edge" this week.
Horizon Kinetics created the Inflation Beneficiaries ETF in January 2021 as inflation started to rise after the Covid-19 pandemic quarantine.
As of April 30, FactSet shows the Inflation Beneficiaries ETF's top holdings include Wheaton Precious Metals , PrairieSky Royalty and Viper Energy .
As of Friday's close, the Inflation Beneficiaries ETF is up 30% since its inception.
Persons:
James Davolos, We're, Davolos, CNBC's
Organizations:
Federal Reserve, Reserve, Wheaton Precious Metals, PrairieSky, Viper Energy