TINT vs. TNGY

Last updated Jun 24, 2026

TINT (ProShares Smart Materials ETF) and TNGY (Tortoise Energy Fund) are both Energy Equities funds. TINT is passively managed, while TNGY is actively managed. Over the past year, TINT returned 35.71% vs 12.82% for TNGY. At a 0.04 correlation, their price movements are largely independent. TINT charges 0.58%/yr vs 0.85%/yr for TNGY.

Performance

TINT vs. TNGY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Smart Materials ETF (TINT) and Tortoise Energy Fund (TNGY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TINT achieves a 19.21% return, which is significantly higher than TNGY's 10.84% return.

TINT

• 1D: -4.06%
• 1M: -2.84%
• YTD: 19.21%
• 6M: 18.70%
• 1Y: 35.71%
• 3Y*: 8.66%
• 5Y*: —
• 10Y*: —

TNGY

• 1D: 0.92%
• 1M: -5.44%
• YTD: 10.84%
• 6M: 11.42%
• 1Y: 12.82%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TINT vs. TNGY - Yearly Performance Comparison

	2026 (YTD)	2025
TINT ProShares Smart Materials ETF	19.21%	14.73%
TNGY Tortoise Energy Fund	10.84%	-2.37%

Correlation

The correlation between TINT and TNGY is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.05
Correlation (All Time) Calculated using the full available price history since Jun 16, 2025	0.04

Return for Risk

TINT vs. TNGY — Risk / Return Rank

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

TINT

TINT Risk / Return Rank: 45
TINT Sharpe Ratio Rank: 45
TINT Sortino Ratio Rank: 45
TINT Omega Ratio Rank: 44
TINT Calmar Ratio Rank: 45
TINT Martin Ratio Rank: 47

TNGY

TNGY Risk / Return Rank: 25
TNGY Sharpe Ratio Rank: 24
TNGY Sortino Ratio Rank: 22
TNGY Omega Ratio Rank: 22
TNGY Calmar Ratio Rank: 28
TNGY Martin Ratio Rank: 29

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.

TINT vs. TNGY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Smart Materials ETF (TINT) 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.

	TINT	TNGY	Difference
Sharpe ratio: Return per unit of total volatility	1.46	0.80	+0.65
Sortino ratio: Return per unit of downside risk	2.08	1.15	+0.93
Omega ratio: Gain probability vs. loss probability	1.26	1.14	+0.12
Calmar ratio: Return relative to maximum drawdown	2.05	1.31	+0.73
Martin ratio: Return relative to average drawdown	7.29	3.85	+3.44

TINT vs. TNGY - Sharpe Ratio Comparison

The current TINT Sharpe Ratio is 1.46, which is higher than the TNGY Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of TINT and TNGY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TINT vs. TNGY - Drawdown Comparison

The maximum TINT drawdown since its inception was -41.36%, which is greater than TNGY's maximum drawdown of -9.79%. Use the drawdown chart below to compare losses from any high point for TINT and TNGY.

Drawdown Indicators

	TINT	TNGY	Difference
Max Drawdown Largest peak-to-trough decline	-41.36%	-9.79%	-31.57%
Max Drawdown (1Y) Largest decline over 1 year	-17.53%	-9.79%	-7.74%
Max Drawdown (3Y) Largest decline over 3 years	-30.42%	—	—
Current Drawdown Current decline from peak	-6.73%	-7.56%	+0.83%
Average Drawdown Average peak-to-trough decline	-20.92%	-3.58%	-17.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.91%	3.34%	+1.57%

Volatility

TINT vs. TNGY - Volatility Comparison

ProShares Smart Materials ETF (TINT) has a higher volatility of 8.83% compared to Tortoise Energy Fund (TNGY) at 6.56%. This indicates that TINT's price experiences larger fluctuations and is considered to be riskier than TNGY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TINT	TNGY	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.83%	6.56%	+2.27%
Volatility (6M) Calculated over the trailing 6-month period	21.16%	12.78%	+8.38%
Volatility (1Y) Calculated over the trailing 1-year period	24.63%	16.01%	+8.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.58%	16.44%	+7.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.58%	16.44%	+7.14%

TINT vs. TNGY - Expense Ratio Comparison

TINT has a 0.58% expense ratio, which is lower than TNGY's 0.85% expense ratio.

Dividends

TINT vs. TNGY - Dividend Comparison

TINT's dividend yield for the trailing twelve months is around 1.03%, less than TNGY's 3.55% yield.

Position	TTM	2025	2024	2023	2022
TINT ProShares Smart Materials ETF	1.03%	1.27%	1.47%	0.99%	1.36%
TNGY Tortoise Energy Fund	3.55%	2.59%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TINT and TNGY in my portfolio?

TINT and TNGY have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TINT or TNGY?

TINT has higher volatility (8.83%) compared to TNGY (6.56%). In terms of maximum drawdown, TINT dropped -41.36% vs TNGY's -9.79%.

Which ETF is better, TINT or TNGY?

On 1-year performance, TINT leads with 35.71% vs 12.82% for TNGY. On fees, TINT is cheaper at 0.58% per year. On volatility, TNGY has been the lower-risk option at 6.56%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TINT or TNGY?

Over the 1-year period, TINT has performed better with a 35.71% return vs 12.82%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TINT or TNGY?

TINT is cheaper with a 0.58% expense ratio, compared with 0.85% for TNGY.

Which ETF pays a higher dividend yield, TINT or TNGY?

TNGY has the higher dividend yield at 3.55%, compared with 1.03% for TINT.

What is the main difference between TINT and TNGY?

They also come from different issuers: ProShares and Tortoise Capital. Their fees differ too: 0.58% for TINT and 0.85% for TNGY.

Which has better risk-adjusted returns?

TINT currently has the higher Sharpe Ratio (1.46 vs 0.80), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.