EPAI vs. TCAI

Last updated Jun 4, 2026

EPAI (Harbor AI Inflection Strategy ETF) and TCAI (Tortoise AI Infrastructure ETF) are both Technology Equities funds. Both are actively managed. Their correlation of 0.86 suggests significant overlap in exposure. EPAI charges 0.88%/yr vs 0.65%/yr for TCAI.

Performance

EPAI vs. TCAI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harbor AI Inflection Strategy ETF (EPAI) and Tortoise AI Infrastructure ETF (TCAI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EPAI achieves a 47.68% return, which is significantly lower than TCAI's 89.63% return.

EPAI

• 1D: 0.85%
• 1M: 9.43%
• YTD: 47.68%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TCAI

• 1D: -0.27%
• 1M: 19.58%
• YTD: 89.63%
• 6M: 85.78%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EPAI vs. TCAI - Yearly Performance Comparison

	2026 (YTD)	2025
EPAI Harbor AI Inflection Strategy ETF	47.68%	0.86%
TCAI Tortoise AI Infrastructure ETF	89.63%	2.33%

Correlation

The correlation between EPAI and TCAI is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 19, 2025	0.86

Return for Risk

EPAI vs. TCAI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harbor AI Inflection Strategy ETF (EPAI) and Tortoise AI Infrastructure ETF (TCAI). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	EPAI	TCAI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	4.70	4.61	+0.09

Drawdowns

EPAI vs. TCAI - Drawdown Comparison

The maximum EPAI drawdown since its inception was -12.31%, smaller than the maximum TCAI drawdown of -15.80%. Use the drawdown chart below to compare losses from any high point for EPAI and TCAI.

Drawdown Indicators

	EPAI	TCAI	Difference
Max Drawdown Largest peak-to-trough decline	-12.31%	-15.80%	+3.49%
Current Drawdown Current decline from peak	0.00%	-0.27%	+0.27%
Average Drawdown Average peak-to-trough decline	-2.67%	-3.43%	+0.76%

Volatility

Volatility by Period

	EPAI	TCAI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	30.61%	35.82%	-5.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.61%	35.82%	-5.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.61%	35.82%	-5.21%

EPAI vs. TCAI - Expense Ratio Comparison

EPAI has a 0.88% expense ratio, which is higher than TCAI's 0.65% expense ratio.

Dividends

EPAI vs. TCAI - Dividend Comparison

EPAI has not paid dividends to shareholders, while TCAI's dividend yield for the trailing twelve months is around 0.03%.

Position	TTM	2025
EPAI Harbor AI Inflection Strategy ETF	0.00%	0.00%
TCAI Tortoise AI Infrastructure ETF	0.03%	0.05%

Frequently Asked Questions

Can I hold both EPAI and TCAI in my portfolio?

EPAI and TCAI have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EPAI or TCAI?

On fees, TCAI is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EPAI or TCAI?

TCAI is cheaper with a 0.65% expense ratio, compared with 0.88% for EPAI.

Which ETF pays a higher dividend yield, EPAI or TCAI?

TCAI has the higher dividend yield at 0.03%, compared with 0.00% for EPAI.

What is the main difference between EPAI and TCAI?

They also come from different issuers: Harbor and Tortoise. Their fees differ too: 0.88% for EPAI and 0.65% for TCAI.