INFIX vs. SPY
Compare and contrast key facts about Tortoise MLP & Energy Income Fund (INFIX) and SPDR S&P 500 ETF (SPY).
INFIX is managed by Tortoise Capital Advisors, LLC. It was launched on Dec 26, 2010. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: INFIX or SPY.
Correlation
The correlation between INFIX and SPY is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
INFIX vs. SPY - Performance Comparison
Key characteristics
INFIX:
2.57
SPY:
1.81
INFIX:
3.32
SPY:
2.43
INFIX:
1.46
SPY:
1.33
INFIX:
3.99
SPY:
2.74
INFIX:
14.95
SPY:
11.36
INFIX:
2.30%
SPY:
2.03%
INFIX:
13.42%
SPY:
12.74%
INFIX:
-64.48%
SPY:
-55.19%
INFIX:
-3.71%
SPY:
-0.73%
Returns By Period
In the year-to-date period, INFIX achieves a 5.84% return, which is significantly higher than SPY's 3.28% return. Over the past 10 years, INFIX has underperformed SPY with an annualized return of 4.39%, while SPY has yielded a comparatively higher 13.17% annualized return.
INFIX
5.84%
2.89%
18.93%
33.37%
14.27%
4.39%
SPY
3.28%
4.28%
12.39%
22.37%
14.20%
13.17%
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INFIX vs. SPY - Expense Ratio Comparison
INFIX has a 1.13% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
INFIX vs. SPY — Risk-Adjusted Performance Rank
INFIX
SPY
INFIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tortoise MLP & Energy Income Fund (INFIX) and SPDR S&P 500 ETF (SPY). 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.
Dividends
INFIX vs. SPY - Dividend Comparison
INFIX's dividend yield for the trailing twelve months is around 5.02%, more than SPY's 1.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INFIX Tortoise MLP & Energy Income Fund | 5.02% | 5.31% | 6.26% | 6.46% | 7.17% | 8.80% | 9.46% | 10.66% | 8.27% | 7.18% | 9.03% | 6.71% |
SPY SPDR S&P 500 ETF | 1.17% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
INFIX vs. SPY - Drawdown Comparison
The maximum INFIX drawdown since its inception was -64.48%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for INFIX and SPY. For additional features, visit the drawdowns tool.
Volatility
INFIX vs. SPY - Volatility Comparison
Tortoise MLP & Energy Income Fund (INFIX) has a higher volatility of 6.49% compared to SPDR S&P 500 ETF (SPY) at 3.41%. This indicates that INFIX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.