CSTM vs. TYG

Last updated Aug 1, 2026

CSTM (Constellium SE) is a stock, while TYG (Tortoise Energy Infrastructure Closed Fund) is Infrastructure Equities fund actively managed by Tortoise. Over the past 10 years, CSTM returned 18.52%/yr vs -1.12%/yr for TYG. Their 0.33 correlation means their historical movements had little consistent relationship.

Performance

CSTM vs. TYG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Constellium SE (CSTM) and Tortoise Energy Infrastructure Closed Fund (TYG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CSTM achieves a 47.37% return, which is significantly higher than TYG's 12.60% return. Over the past 10 years, CSTM has outperformed TYG with an annualized return of 18.52%, while TYG has yielded a comparatively lower -1.12% annualized return.

CSTM

• 1D: -2.77%
• 1M: -5.80%
• 6M: 23.63%
• YTD: 47.37%
• 1Y: 110.14%
• 3Y*: 13.86%
• 5Y*: 8.04%
• 10Y*: 18.52%
• ALL TIME*: 5.62%

TYG

• 1D: 0.16%
• 1M: 1.30%
• 6M: 2.29%
• YTD: 12.60%
• 1Y: 11.58%
• 3Y*: 24.56%
• 5Y*: 21.21%
• 10Y*: -1.12%
• ALL TIME*: 4.16%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CSTM Constellium SE	$55.17M	$50.63M	$64.86M
TYG Tortoise Energy Infrastructure Closed Fund	$5.92M	$6.80M	$9.17M

CSTM vs. TYG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CSTM Constellium SE	47.37%	83.54%	-48.55%	68.72%	-33.95%	28.02%	4.40%	91.70%	-37.31%	88.98%
TYG Tortoise Energy Infrastructure Closed Fund	12.60%	8.46%	60.18%	-0.37%	24.20%	46.86%	-70.31%	1.79%	-24.74%	3.17%

Correlation

The correlation between CSTM and TYG is 0.14, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.14
Correlation (3Y) Balances recent behavior with more history.	0.25
Correlation (5Y) Shows whether the relationship held over a longer period.	0.34
Correlation (10Y) Provides a long-term view across more market conditions.	0.36
Correlation (All Time) Calculated using the full available price history since May 23, 2013	0.33

The correlation between CSTM and TYG shifts across timeframes, from 0.14 (1 year) to 0.36 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

CSTM vs. TYG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CSTM

CSTM Risk / Return Rank: 92
CSTM Sharpe Ratio Rank: 94
CSTM Sortino Ratio Rank: 92
CSTM Omega Ratio Rank: 87
CSTM Calmar Ratio Rank: 93
CSTM Martin Ratio Rank: 95

TYG

TYG Risk / Return Rank: 16
TYG Sharpe Ratio Rank: 16
TYG Sortino Ratio Rank: 15
TYG Omega Ratio Rank: 19
TYG Calmar Ratio Rank: 18
TYG Martin Ratio Rank: 14

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CSTM vs. TYG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Constellium SE (CSTM) and Tortoise Energy Infrastructure Closed Fund (TYG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CSTM	TYG	Difference
Sharpe ratio: Return per unit of total volatility	2.22	0.59	+1.62
Sortino ratio: Return per unit of downside risk	2.92	0.90	+2.02
Omega ratio: Gain probability vs. loss probability	1.33	1.13	+0.20
Calmar ratio: Return relative to maximum drawdown	4.38	0.83	+3.55
Martin ratio: Return relative to average drawdown	13.69	1.92	+11.76

CSTM vs. TYG - Sharpe Ratio Comparison

The current CSTM Sharpe Ratio is 2.22, which is higher than the TYG Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of CSTM and TYG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CSTM vs. TYG - Drawdown Comparison

The maximum CSTM drawdown since its inception was -88.70%, smaller than the maximum TYG drawdown of -95.34%. Use the drawdown chart below to compare losses from any high point for CSTM and TYG.

Drawdown Indicators

	CSTM	TYG	Difference
Max Drawdown Largest peak-to-trough decline	-88.70%	-95.34%	+6.64%
Max Drawdown (1Y) Largest decline over 1 year	-23.57%	-13.94%	-9.63%
Max Drawdown (3Y) Largest decline over 3 years	-66.35%	-25.08%	-41.27%
Max Drawdown (5Y) Largest decline over 5 years	-66.35%	-25.08%	-41.27%
Max Drawdown (10Y) Largest decline over 10 years	-72.30%	-94.98%	+22.68%
Current Drawdown Current decline from peak	-23.15%	-35.77%	+12.62%
Average Drawdown Average peak-to-trough decline	-53.35%	-29.46%	-23.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.54%	5.99%	+1.55%

Volatility

CSTM vs. TYG - Volatility Comparison

Constellium SE (CSTM) has a higher volatility of 10.49% compared to Tortoise Energy Infrastructure Closed Fund (TYG) at 4.06%. This indicates that CSTM's price experiences larger fluctuations and is considered to be riskier than TYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CSTM	TYG	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.49%	4.06%	+6.43%
Volatility (6M) Calculated over the trailing 6-month period	36.80%	16.27%	+20.53%
Volatility (1Y) Calculated over the trailing 1-year period	47.13%	19.40%	+27.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.72%	23.56%	+23.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.13%	51.09%	+5.04%

Dividends

CSTM vs. TYG - Dividend Comparison

CSTM has not paid dividends to shareholders, while TYG's dividend yield for the trailing twelve months is around 12.52%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CSTM Constellium SE	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TYG Tortoise Energy Infrastructure Closed Fund	12.52%	11.25%	7.96%	9.87%	8.94%	5.27%	10.85%	14.61%	13.17%	9.01%	8.54%	13.95%

Frequently Asked Questions

Can I hold both CSTM and TYG in my portfolio?

CSTM and TYG have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CSTM or TYG?

CSTM has higher volatility (10.49%) compared to TYG (4.06%). In terms of maximum drawdown, CSTM dropped -88.70% vs TYG's -95.34%.

Which has better risk-adjusted returns?

CSTM currently has the higher Sharpe Ratio (2.22 vs 0.59), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.