PPI - Inflation has hit a 40-year high and this ETF has profited on the skyrocketing prices

As inflation fears have grown louder on Wall Street, the benchmark indices have suffered, with stocks falling dramatically since the end of 2021. Still, at least one exchange traded fund has profited from the sharp rise in prices, with the Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) looking to provide a way to profit during an inflationary environment. INFL is an actively managed ETF that aims to hedge inflation by investing primarily in both domestic and foreign equities that are projected to benefit, either directly or indirectly, from rising prices of real assets.  On the year, INFL is +8.4% which is far better than benchmark funds like SPDR S&P 500 Trust ETF (NYSEARCA:SPY), SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA), and the Invesco QQQ Trust (NASDAQ:QQQ). In 2022, all three of those funds are in the red: SPY -8.3%, DIA -6.4% and QQQ -15.5%.  INFL has gained a strong following during the recent upsurge in inflation. It

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Inflation has hit a 40-year high and this ETF has profited on the skyrocketing prices