TCAI vs. EBLU

Last updated Jun 4, 2026

TCAI (Tortoise AI Infrastructure ETF) and EBLU (Ecofin Global Water ESG Fund) are both exchange-traded funds - TCAI is a Technology Equities fund actively managed by Tortoise, while EBLU is a Water Equities fund tracking the Ecofin Water ESG Index. TCAI is actively managed, while EBLU is passively managed. At a 0.36 correlation, their price movements are largely independent. TCAI charges 0.65%/yr vs 0.40%/yr for EBLU.

Performance

TCAI vs. EBLU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tortoise AI Infrastructure ETF (TCAI) and Ecofin Global Water ESG Fund (EBLU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TCAI achieves a 89.63% return, which is significantly higher than EBLU's -1.99% return.

TCAI

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

EBLU

• 1D: 0.17%
• 1M: -3.28%
• YTD: -1.99%
• 6M: -4.11%
• 1Y: -1.51%
• 3Y*: 9.71%
• 5Y*: 3.78%
• 10Y*: —

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

TCAI vs. EBLU - Yearly Performance Comparison

	2026 (YTD)	2025
TCAI Tortoise AI Infrastructure ETF	89.63%	17.77%
EBLU Ecofin Global Water ESG Fund	-1.99%	-3.39%

Correlation

The correlation between TCAI and EBLU is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 6, 2025	0.36

TCAI vs. EBLU - Sectors Allocation Comparison

Sectors	TCAI	EBLU
Technology	44.0%	4.0%
Industrials	29.9%	70.6%
Utilities	11.1%	20.1%
Financial Services	6.4%	-
Energy	6.1%	1.1%
Consumer Cyclical	1.4%	0.2%
Communication Services	1.1%	-
Real Estate	0.6%	-
Basic Materials	-	4.0%
Consumer Defensive	-	3.4%
Healthcare	-	-

Return for Risk

TCAI vs. EBLU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EBLU

EBLU Risk / Return Rank: 7
EBLU Sharpe Ratio Rank: 8
EBLU Sortino Ratio Rank: 7
EBLU Omega Ratio Rank: 7
EBLU Calmar Ratio Rank: 8
EBLU Martin Ratio Rank: 7

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TCAI vs. EBLU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tortoise AI Infrastructure ETF (TCAI) and Ecofin Global Water ESG Fund (EBLU). 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	EBLU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.11	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.22	—
Sharpe Ratio (All Time) Calculated using the full available price history	4.61	0.50	+4.11

Drawdowns

TCAI vs. EBLU - Drawdown Comparison

The maximum TCAI drawdown since its inception was -15.80%, smaller than the maximum EBLU drawdown of -37.58%. Use the drawdown chart below to compare losses from any high point for TCAI and EBLU.

Drawdown Indicators

	TCAI	EBLU	Difference
Max Drawdown Largest peak-to-trough decline	-15.80%	-37.58%	+21.78%
Max Drawdown (1Y) Largest decline over 1 year	—	-13.17%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.42%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.36%	—
Current Drawdown Current decline from peak	-0.27%	-11.65%	+11.38%
Average Drawdown Average peak-to-trough decline	-3.43%	-8.15%	+4.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.46%	—

Volatility

Volatility by Period

	TCAI	EBLU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.35%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.46%	—
Volatility (1Y) Calculated over the trailing 1-year period	35.82%	14.44%	+21.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.82%	17.32%	+18.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.82%	18.96%	+16.86%

TCAI vs. EBLU - Expense Ratio Comparison

TCAI has a 0.65% expense ratio, which is higher than EBLU's 0.40% expense ratio.

Dividends

TCAI vs. EBLU - Dividend Comparison

TCAI's dividend yield for the trailing twelve months is around 0.03%, less than EBLU's 3.37% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
EBLU Ecofin Global Water ESG Fund	3.37%	3.31%	1.34%	1.46%	1.64%	1.55%	1.42%	1.58%	1.35%	1.32%
TCAI Tortoise AI Infrastructure ETF	0.03%	0.05%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TCAI and EBLU in my portfolio?

TCAI and EBLU have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TCAI or EBLU?

On fees, EBLU 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, TCAI or EBLU?

EBLU is cheaper with a 0.40% expense ratio, compared with 0.65% for TCAI.

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

EBLU has the higher dividend yield at 3.37%, compared with 0.03% for TCAI.

What is the main difference between TCAI and EBLU?

TCAI is categorized as Technology Equities, while EBLU is Water Equities. Their fees differ too: 0.65% for TCAI and 0.40% for EBLU.