GSIG vs. TNGY
GSIG (Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF) and TNGY (Tortoise Energy Fund) are both exchange-traded funds - GSIG is a Corporate Bonds fund tracking the FTSE Goldman Sachs US Investment-Grade Corporate Bond 1-5 Years Index, while TNGY is a Energy Equities fund actively managed by Tortoise Capital. GSIG is passively managed, while TNGY is actively managed. At a correlation of -0.13, they often move in opposite directions. GSIG charges 0.14%/yr vs 0.85%/yr for TNGY.
Performance
GSIG vs. TNGY - Performance Comparison
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Returns By Period
GSIG
- 1D
- —
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TNGY
- 1D
- 2.40%
- 1M
- 3.02%
- 6M
- 17.09%
- YTD
- 15.92%
- 1Y
- 18.41%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GSIG vs. TNGY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GSIG Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF | 0.68% | 3.71% |
TNGY Tortoise Energy Fund | 15.92% | -2.37% |
Correlation
The correlation between GSIG and TNGY is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.15 |
Correlation (All Time) Calculated using the full available price history since Jun 16, 2025 | -0.13 |
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Return for Risk
GSIG vs. TNGY — Risk / Return Rank
GSIG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TNGY
GSIG vs. TNGY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (GSIG) and Tortoise Energy Fund (TNGY). 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.
| GSIG | TNGY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.20 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.89 | — |
| Martin ratioReturn relative to average drawdown | — | 4.98 | — |
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Drawdowns
GSIG vs. TNGY - Drawdown Comparison
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Drawdown Indicators
| GSIG | TNGY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | — | -9.79% | — |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.79% | — |
Current DrawdownCurrent decline from peak | — | -3.32% | — |
Average DrawdownAverage peak-to-trough decline | — | -3.75% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.70% | — |
Volatility
GSIG vs. TNGY - Volatility Comparison
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Volatility by Period
| GSIG | TNGY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.50% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 13.17% | — |
Volatility (1Y)Calculated over the trailing 1-year period | — | 16.35% | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | — | 16.53% | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | — | 16.53% | — |
GSIG vs. TNGY - Expense Ratio Comparison
GSIG has a 0.14% expense ratio, which is lower than TNGY's 0.85% expense ratio.
Dividends
GSIG vs. TNGY - Dividend Comparison
GSIG's dividend yield for the trailing twelve months is around 4.00%, less than TNGY's 4.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
GSIG Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF | 4.00% | 4.61% | 4.59% | 3.51% | 2.21% | 1.04% | 0.45% |
TNGY Tortoise Energy Fund | 4.58% | 2.59% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GSIG and TNGY have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GSIG is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GSIG is cheaper with a 0.14% expense ratio, compared with 0.85% for TNGY.
TNGY has the higher dividend yield at 4.58%, compared with 4.00% for GSIG.
GSIG is categorized as Corporate Bonds, while TNGY is Energy Equities. They also come from different issuers: Goldman Sachs and Tortoise Capital. Their fees differ too: 0.14% for GSIG and 0.85% for TNGY.
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