At a glance
FTIF charges 0.6% a year, below the 0.61% average of the 3 funds most like it (the cheapest of 4). It has $5.4M in assets, the 4th largest of that group; it paid 1.2% of its price in distributions over the past 12 months, quarterly. Over the past year it returned +35.7% with distributions reinvested (S&P 500: +11.5%), the weakest of those 4 funds; over three years it returned +16.0% a year. Its ten largest positions make up 27.1% of the fund, out of 49 in all.
The short version
First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF) tracks the Bloomberg Inflation Sensitive Equity Index. It holds about 50 equally weighted energy, industrial, materials and real estate stocks chosen because their prices have moved with inflation and commodity prices. Unlike the energy funds it overlaps with most, it spreads across four sectors, at a similar 0.60% expense ratio. It is tiny, though: about $5.4 million in net assets as of June 30, 2026.
Price history
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FTIF +35.7% over the year to Oct 27, 2026, total return with distributions reinvested.
How it has behaved
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | Since start | |
|---|---|---|---|---|---|---|
| FTIF official prospectus, to Dec 31, 2025 | — | +7.73% | — | — | — | +7.50% |
| FTIF price data to Oct 27, 2026 | +32.8% | +35.7% | +16.0% | — | — | +15.8% |
- Over the year to Oct 27, 2026, FTIF returned +35.7%, 4th of 4 among similar funds.
- Its worst full calendar year was 2024 (+0.5%); its best was 2025 (+7.8%).
- The deepest fall in its price history was 27.8% (Apr 5, 2024 to Apr 8, 2025), recovered by Jan 14, 2026.
Show as a table
| Year | Price data | Prospectus (official) |
|---|---|---|
| 2026 (to date) | +32.8% | — |
| 2025 | +7.8% | +7.73% |
| 2024 | +0.5% | +0.55% |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Before this security existed |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Before this security existed |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Before this security existed |
Dividends and income
Show as a table
| Year | Per share | Change |
|---|---|---|
| 2026 (to date) | $0.2700 | |
| 2025 | $0.3400 | -45.2% |
| 2024 | $0.6200 |
What's inside
As of Jun 30, 2026, the fund held 49 securities; the ten largest made up 27.09% of assets.
| Holding | Weight | |
|---|---|---|
| DEVON ENERGY CORP | 3.74% | |
| ELEMENT SOLUTIONS INC | 3.21% | |
| CATERPILLAR INC | 3.12% | |
| KEYSIGHT TECHNOLOGIES INC | 2.89% | |
| VALERO ENERGY CORP | 2.69% | |
| CF INDUSTRIES HOLDINGS INC | 2.35% | |
| CUMMINS INC | 2.34% | |
| OVINTIV INC | 2.26% | |
| EATON CORP PLC | 2.25% | |
| HOST HOTELS & RESORTS INC | 2.25% | |
| APA CORP | 2.24% | |
| RELIANCE INC | 2.17% | |
| ROCKWELL AUTOMATION INC | 2.14% | |
| CORTEVA INC | 2.12% | |
| EOG RESOURCES INC | 2.07% |
By country
United States 89.73%Ireland 8.05%Curaçao 2.03%By asset type
Stocks 99.82%By sector
Sectors of the companies held, for the 45.7% of the fund in companies that have a stock page here; other holdings and cash aren't classified. Source: N-PORT holdings report as of Jun 30, 2026. Cash, money-market funds and derivatives are shown separately from the securities list.What changed recently
- Over the three months to Jun 30, 2026, investors added a net $2.8M (creations minus redemptions, per the N-PORT report).
- Monthly total returns reported for that quarter: +4.71%, -2.60%, -2.01%.
How it works
FTIF is a First Trust index fund that aims to match, before fees, the Bloomberg Inflation Sensitive Equity Index, run by Bloomberg Index Services Limited. The fund normally owns every index stock at the index's weight. The index looks for stocks whose prices have moved closely with inflation.
Within the Bloomberg US 3000 Index, only energy, industrials, materials and real estate companies qualify. The 50 largest in each sector by free-float market value (publicly tradable shares only) advance, and the bottom 10% per sector on a debt-to-market-value ratio are cut. Survivors are scored on how strongly their prices move with the 2-year breakeven inflation rate (the gap between regular and inflation-protected Treasury yields) and the Bloomberg Commodity Total Return Index. The top 22 per sector remain. Finally, the 50 with the highest free-cash-flow yield (cash generated relative to share price) are picked, with no more than 20 from one sector.
Each stock gets an equal weight at rebalancing, so Caterpillar counts no more than any other pick. The index is rebuilt twice a year, and the fund follows shortly after; turnover (the share of holdings traded over a year) was 111%, in the prospectus filed April 30, 2026. Weights then drift: as of June 30, 2026, Devon Energy led at 3.7%, and the fund held no derivatives.
What it really costs
- FTIF charges 0.6% a year, versus an average of 0.61% for the similar funds below (1st of 4, cheapest first).
In a retirement portfolio
It holds 50 equally weighted stocks from just four sectors and had only about $5.4 million in net assets as of June 30, 2026, so it fits a small add-on role better than a core one.
FTIF launched in March 2023, so it has no record from the 2008, 2020 or 2022 market declines. Its deepest drop was 27.8%, from April 5, 2024 to April 8, 2025. It did not get back to that peak until January 14, 2026, about nine months after the low. Cashing out near the low to pay for spending would have locked in the loss. Both full calendar years were gains, 0.55% in 2024 and 7.73% in 2025, so yearly figures hide that slide.
What it offers is stocks picked for inflation sensitivity. As of October 27, 2026, its one-year beta was 0.37, meaning it moved about a third as much as the broad market. Its trailing 12-month yield was a modest 1.2%, paid quarterly. The 0.60% expense ratio is close to the 0.61% average of similar funds. Past results don't predict future returns, and a plan should look at the whole portfolio, not one fund.
Who it may suit — and who should look elsewhere
May suit
- Investors who want stocks picked for their link to inflation and commodity prices across energy, industrials, materials and real estate.
- Those who prefer equal weighting so no single stock dominates. Devon Energy was the largest holding at 3.7% as of June 30, 2026.
- Investors wanting something broader than energy-only funds at a similar cost: 0.60% a year versus a 0.61% average for similar funds.
Look elsewhere if
- Anyone wanting a large, long-established fund: FTIF launched in March 2023 and held about $5.4 million in net assets as of June 30, 2026.
- Income seekers: the trailing 12-month yield was about 1.2% as of October 27, 2026, paid quarterly.
- Investors uneasy with deep drops: it fell 27.8% between April 2024 and April 2025 and took until January 2026 to recover.
Close alternatives
Matched by holdings overlap from the latest N-PORT reports.
Net assets from each fund's latest N-PORT or annual report where available. Returns through Oct 27, 2026.Questions investors ask
What does FTIF invest in?
FTIF holds about 50 stocks from the energy, industrials, materials and real estate sectors. The Bloomberg Inflation Sensitive Equity Index picks them because their prices have moved with inflation expectations and commodity prices, then ranks them on free-cash-flow yield. As of June 30, 2026, the largest holdings were Devon Energy (3.7%), Element Solutions (3.2%), Caterpillar (3.1%), Keysight Technologies (2.9%) and Valero Energy (2.7%). About 90% was in US companies. The rest was in companies registered in Ireland, such as Eaton, and in Curaçao.
Is FTIF a good hedge against inflation?
It is built to be one, but its record is too short to judge. The index picks stocks whose prices have moved with 2-year inflation expectations and commodity prices in the past. FTIF is still a stock fund, though, and can fall hard: it lost 27.8% between April 2024 and April 2025. It launched in March 2023, so it has no record from the 2008, 2020 or 2022 market declines. It may suit investors who want inflation-sensitive stocks, not a shield against losses.
How has FTIF performed since it launched?
Modestly at first, then strongly. According to its prospectus, FTIF returned 0.55% in 2024 and 7.73% in 2025. That works out to an average of 7.5% a year from its March 2023 launch through December 31, 2025. As of October 27, 2026, it was up 32.8% for the year to date and 35.7% over one year. Its average annual return over three years was 16.0%. Its strongest quarter, ended March 31, 2024, gained 11.93%. Its weakest, ended June 30, 2024, lost 6.64%.
Does FTIF pay dividends?
Yes. FTIF pays dividends every quarter, passing along income from the stocks it owns. Over the 12 months to October 27, 2026, it paid about $0.36 per share, a yield of roughly 1.2%. That is modest, so the fund works more as a way to own inflation-sensitive businesses than as a source of income. Payments can vary from quarter to quarter. They depend on dividends from its roughly 50 holdings, and the index changes those holdings twice a year.
FTIF vs FXN: what's the difference?
The main difference is focus. FXN, the First Trust Energy AlphaDEX Fund, has more holdings in common with FTIF than any other similar fund, at 34%. But FXN targets energy, while FTIF spreads across four sectors. Costs are nearly the same: 0.61% for FXN versus 0.60% for FTIF. As of October 27, 2026, FXN returned 58.5% over one year against FTIF's 35.7%. Their three-year averages were close, at 15.6% and 16.0%. FXN is far larger: about $379 million in net assets as of July 31, 2026, versus about $5.4 million for FTIF as of June 30, 2026.