Tortoise North American Pipeline Fund (TPYP)
TPYP is a passive ETF by Tortoise tracking the investment results of the Tortoise North American Pipeline Index. TPYP launched on Jun 30, 2015 and has a 0.40% expense ratio.
ETF Info
US56167N7205
56167N720
Jun 30, 2015
North America (U.S.)
1x
Tortoise North American Pipeline Index
Multi-Cap
Blend
Expense Ratio
TPYP features an expense ratio of 0.40%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Tortoise North American Pipeline Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Tortoise North American Pipeline Fund had a return of 34.42% year-to-date (YTD) and 35.86% in the last 12 months.
TPYP
34.42%
-6.08%
20.66%
35.86%
13.11%
N/A
^GSPC (Benchmark)
24.66%
0.49%
8.64%
26.56%
13.06%
11.10%
Monthly Returns
The table below presents the monthly returns of TPYP, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.73% | 3.21% | 6.49% | -1.29% | 3.22% | 2.35% | 4.47% | 4.25% | 1.01% | 3.63% | 13.22% | 34.42% | |
| 2023 | 3.85% | -3.39% | -0.48% | 1.73% | -4.69% | 5.98% | 3.39% | -0.98% | -1.95% | 0.04% | 7.07% | 0.18% | 10.51% |
| 2022 | 6.57% | 5.15% | 7.51% | -2.26% | 6.37% | -10.96% | 8.82% | -1.44% | -10.19% | 9.87% | 4.33% | -5.73% | 16.09% |
| 2021 | 3.00% | 6.22% | 8.31% | 5.38% | 4.28% | 2.33% | -2.65% | -1.70% | 2.52% | 5.96% | -6.15% | 3.81% | 34.97% |
| 2020 | -2.68% | -10.23% | -32.24% | 22.24% | 4.88% | -3.71% | 0.15% | 1.87% | -9.62% | 0.67% | 16.25% | 0.19% | -20.99% |
| 2019 | 14.82% | 1.75% | 3.80% | -0.46% | -2.19% | 4.05% | -1.46% | -2.08% | 2.62% | -3.54% | -1.55% | 6.77% | 23.35% |
| 2018 | 0.07% | -7.94% | -2.06% | 4.95% | 5.49% | 2.10% | 3.48% | -0.98% | -1.38% | -6.40% | 1.08% | -8.85% | -11.13% |
| 2017 | 1.94% | -0.08% | 1.01% | -1.17% | -2.55% | 1.35% | 3.47% | -3.35% | 1.75% | -2.93% | 0.18% | 2.93% | 2.27% |
| 2016 | -1.01% | 4.67% | 6.21% | 7.27% | 1.65% | 7.66% | 0.40% | 1.03% | 6.06% | -4.79% | 3.13% | 2.54% | 39.92% |
| 2015 | -4.47% | -4.83% | -13.64% | 6.66% | -6.05% | -9.72% | -28.97% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 92, TPYP is among the top 8% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Tortoise North American Pipeline Fund (TPYP) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Tortoise North American Pipeline Fund provided a 3.84% dividend yield over the last twelve months, with an annual payout of $1.30 per share. The fund has been increasing its distributions for 8 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.30 | $1.25 | $1.11 | $1.08 | $1.07 | $1.05 | $0.91 | $0.87 | $0.75 | $0.26 |
Dividend yield | 3.84% | 4.83% | 4.48% | 4.86% | 6.15% | 4.45% | 4.58% | 3.71% | 3.18% | 1.48% |
Monthly Dividends
The table displays the monthly dividend distributions for Tortoise North American Pipeline Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.00 | $1.00 |
| 2023 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.30 | $1.25 |
| 2022 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.27 | $1.11 |
| 2021 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.27 | $1.08 |
| 2020 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.24 | $1.07 |
| 2019 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.22 | $1.05 |
| 2018 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.16 | $0.91 |
| 2017 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.17 | $0.87 |
| 2016 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.17 | $0.75 |
| 2015 | $0.03 | $0.00 | $0.00 | $0.23 | $0.26 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Tortoise North American Pipeline Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Tortoise North American Pipeline Fund was 51.91%, occurring on Mar 18, 2020. Recovery took 288 trading sessions.
The current Tortoise North American Pipeline Fund drawdown is 8.48%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -51.91% | Jul 12, 2019 | 173 | Mar 18, 2020 | 288 | May 10, 2021 | 461 |
| -38.79% | Jul 1, 2015 | 108 | Jan 20, 2016 | 214 | Dec 23, 2016 | 322 |
| -21.02% | Aug 23, 2018 | 85 | Dec 24, 2018 | 58 | Mar 20, 2019 | 143 |
| -17.96% | Jun 8, 2022 | 76 | Sep 26, 2022 | 319 | Jan 3, 2024 | 395 |
| -14.33% | Jan 24, 2018 | 45 | Mar 28, 2018 | 78 | Jul 19, 2018 | 123 |
Volatility
Volatility Chart
The current Tortoise North American Pipeline Fund volatility is 5.88%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.