LINT vs. TPYP

Last updated Aug 6, 2026

LINT (Direxion Daily INTC Bull 2X Shares) and TPYP (Tortoise North American Pipeline Fund) are both exchange-traded funds - LINT is a Leveraged Equities fund actively managed by Direxion, while TPYP is a MLPs fund tracking the Tortoise North American Pipeline Index. LINT is actively managed, while TPYP is passively managed. Their -0.14 correlation means they have often moved in opposite directions in the past. LINT charges 0.97%/yr vs 0.40%/yr for TPYP.

Performance

LINT vs. TPYP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily INTC Bull 2X Shares (LINT) and Tortoise North American Pipeline Fund (TPYP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LINT achieves a 348.80% return, which is significantly higher than TPYP's 20.31% return.

LINT

• 1D: 0.37%
• 1M: -36.81%
• 6M: 190.09%
• YTD: 348.80%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

TPYP

• 1D: -1.47%
• 1M: 0.33%
• 6M: 10.96%
• YTD: 20.31%
• 1Y: 22.13%
• 3Y*: 23.42%
• 5Y*: 18.93%
• 10Y*: 11.32%
• ALL TIME*: 9.51%

*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)
LINT Direxion Daily INTC Bull 2X Shares	$20.84M	$19.76M	$34.13M
TPYP Tortoise North American Pipeline Fund	$2.68M	$2.32M	$2.66M

LINT vs. TPYP - Yearly Performance Comparison

	2026 (YTD)	2025
LINT Direxion Daily INTC Bull 2X Shares	348.80%	5.81%
TPYP Tortoise North American Pipeline Fund	20.31%	0.40%

Correlation

The correlation between LINT and TPYP is -0.14, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 19, 2025	-0.14

LINT vs. TPYP - Sectors Allocation Comparison

Sectors	LINT	TPYP
Technology	100.0%	-
Basic Materials	-	0.1%
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	69.6%
Financial Services	-	2.4%
Healthcare	-	-
Industrials	-	0.1%
Real Estate	-	-
Utilities	-	21.2%

Return for Risk

LINT vs. TPYP — Risk / Return Rank

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

LINT

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

TPYP

TPYP Risk / Return Rank: 61
TPYP Sharpe Ratio Rank: 58
TPYP Sortino Ratio Rank: 58
TPYP Omega Ratio Rank: 52
TPYP Calmar Ratio Rank: 80
TPYP Martin Ratio Rank: 57

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.

LINT vs. TPYP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily INTC Bull 2X Shares (LINT) and Tortoise North American Pipeline Fund (TPYP). 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.

	LINT	TPYP	Difference
Sharpe ratio: Return per unit of total volatility	—	1.60	—
Sortino ratio: Return per unit of downside risk	—	2.26	—
Omega ratio: Gain probability vs. loss probability	—	1.27	—
Calmar ratio: Return relative to maximum drawdown	—	3.25	—
Martin ratio: Return relative to average drawdown	—	7.64	—

Drawdowns

LINT vs. TPYP - Drawdown Comparison

The maximum LINT drawdown since its inception was -69.02%, which is greater than TPYP's maximum drawdown of -51.91%. Use the drawdown chart below to compare losses from any high point for LINT and TPYP.

Drawdown Indicators

	LINT	TPYP	Difference
Max Drawdown Largest peak-to-trough decline	-69.02%	-51.91%	-17.11%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.84%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-13.17%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-17.96%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-51.91%	—
Current Drawdown Current decline from peak	-53.71%	-5.54%	-48.17%
Average Drawdown Average peak-to-trough decline	-24.41%	-7.82%	-16.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.91%	—

Volatility

Volatility by Period

	LINT	TPYP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.74%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.18%	—
Volatility (1Y) Calculated over the trailing 1-year period	169.88%	13.98%	+155.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	169.88%	17.41%	+152.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	169.88%	21.90%	+147.98%

LINT vs. TPYP - Expense Ratio Comparison

LINT has a 0.97% expense ratio, which is higher than TPYP's 0.40% expense ratio.

Dividends

LINT vs. TPYP - Dividend Comparison

LINT's dividend yield for the trailing twelve months is around 0.61%, less than TPYP's 3.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LINT Direxion Daily INTC Bull 2X Shares	0.61%	0.25%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TPYP Tortoise North American Pipeline Fund	3.28%	3.91%	3.95%	4.83%	4.48%	4.86%	6.14%	4.45%	4.58%	3.71%	3.49%	2.56%

Frequently Asked Questions

Can I hold both LINT and TPYP in my portfolio?

LINT and TPYP 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 ETF is better, LINT or TPYP?

On fees, TPYP is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LINT or TPYP?

TPYP is cheaper with a 0.40% expense ratio, compared with 0.97% for LINT.

Which ETF pays a higher dividend yield, LINT or TPYP?

TPYP has the higher dividend yield at 3.28%, compared with 0.61% for LINT.

What is the main difference between LINT and TPYP?

LINT is categorized as Leveraged Equities, while TPYP is MLPs. They also come from different issuers: Direxion and Tortoise. Their fees differ too: 0.97% for LINT and 0.40% for TPYP.