TCAI vs. ASMH

Last updated Apr 1, 2026

Compare and contrast key facts about Tortoise AI Infrastructure ETF (TCAI) and ASML Holding NV ADR Hedged ETF (ASMH).

TCAI and ASMH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TCAI is an actively managed fund by Tortoise. It was launched on Aug 4, 2025. ASMH is a passively managed fund by Precidian Funds that tracks the performance of the ASML Holding NV Sponsored ADR. It was launched on Mar 13, 2025.

Performance

TCAI vs. ASMH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tortoise AI Infrastructure ETF (TCAI) and ASML Holding NV ADR Hedged ETF (ASMH). The values are adjusted to include any dividend payments, if applicable.

TCAI vs. ASMH - Yearly Performance Comparison

	2026 (YTD)	2025
TCAI Tortoise AI Infrastructure ETF	16.67%	17.77%
ASMH ASML Holding NV ADR Hedged ETF	25.77%	53.71%

Returns By Period

In the year-to-date period, TCAI achieves a 16.67% return, which is significantly lower than ASMH's 25.77% return.

TCAI

• 1D: 4.49%
• 1M: -6.61%
• YTD: 16.67%
• 6M: 16.89%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ASMH

• 1D: 4.15%
• 1M: -6.47%
• YTD: 25.77%
• 6M: 39.55%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TCAI vs. ASMH - Expense Ratio Comparison

TCAI has a 0.65% expense ratio, which is higher than ASMH's 0.19% expense ratio.

TCAI

Tortoise AI Infrastructure ETF

ASMH

ASML Holding NV ADR Hedged ETF

Return for Risk

TCAI vs. ASMH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tortoise AI Infrastructure ETF (TCAI) and ASML Holding NV ADR Hedged ETF (ASMH). 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

	TCAI	ASMH	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.80	3.00	-1.19

Correlation

The correlation between TCAI and ASMH is 0.59, 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.

Dividends

TCAI vs. ASMH - Dividend Comparison

TCAI's dividend yield for the trailing twelve months is around 0.04%, less than ASMH's 1.29% yield.

	TTM	2025
TCAI Tortoise AI Infrastructure ETF	0.04%	0.05%
ASMH ASML Holding NV ADR Hedged ETF	1.29%	0.19%

Drawdowns

TCAI vs. ASMH - Drawdown Comparison

The maximum TCAI drawdown since its inception was -15.80%, roughly equal to the maximum ASMH drawdown of -15.89%. Use the drawdown chart below to compare losses from any high point for TCAI and ASMH.

Drawdown Indicators

	TCAI	ASMH	Difference
Max Drawdown Largest peak-to-trough decline	-15.80%	-15.89%	+0.09%
Current Drawdown Current decline from peak	-8.07%	-11.21%	+3.14%
Average Drawdown Average peak-to-trough decline	-3.97%	-4.43%	+0.46%

Volatility

Volatility by Period

	TCAI	ASMH	Difference
Volatility (1Y) Calculated over the trailing 1-year period	35.03%	36.81%	-1.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.03%	36.81%	-1.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.03%	36.81%	-1.78%