TMLPX vs. NXG

Last updated Aug 4, 2026

TMLPX (Transamerica Energy Infrastructure) and NXG (NXG NextGen Infrastructure Income Fund) are both Infrastructure Equities funds. Over the past 3 years, TMLPX returned 23.04%/yr vs 33.99%/yr for NXG. Their 0.49 correlation means their historical movements had little consistent relationship. TMLPX charges 1.26%/yr vs 1.00%/yr for NXG.

Performance

TMLPX vs. NXG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Transamerica Energy Infrastructure (TMLPX) and NXG NextGen Infrastructure Income Fund (NXG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TMLPX achieves a 25.97% return, which is significantly higher than NXG's 24.06% return.

TMLPX

• 1D: 0.75%
• 1M: 3.16%
• 6M: 18.64%
• YTD: 25.97%
• 1Y: 27.38%
• 3Y*: 23.04%
• 5Y*: 16.60%
• 10Y*: 9.66%
• ALL TIME*: 5.30%

NXG

• 1D: 1.12%
• 1M: -6.39%
• 6M: 21.93%
• YTD: 24.06%
• 1Y: 27.07%
• 3Y*: 33.99%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 25.55%

*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)
NXG NXG NextGen Infrastructure Income Fund	$6.37M	$8.45M	$7.02M
TMLPX Transamerica Energy Infrastructure	$0.00	$0.00	$0.00

TMLPX vs. NXG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
TMLPX Transamerica Energy Infrastructure	25.97%	3.87%	38.51%	5.07%	-2.56%
NXG NXG NextGen Infrastructure Income Fund	24.06%	25.98%	51.16%	4.54%	-4.87%

Correlation

The correlation between TMLPX and NXG is 0.23, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.23
Correlation (3Y) Balances recent behavior with more history.	0.40
Correlation (All Time) Calculated using the full available price history since Nov 1, 2022	0.49

Over the past year, the correlation between TMLPX and NXG has dropped to 0.23 - well below their long-term average of 0.49, suggesting their price drivers have been diverging.

Return for Risk

TMLPX vs. NXG — Risk / Return Rank

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

TMLPX

TMLPX Risk / Return Rank: 78
TMLPX Sharpe Ratio Rank: 78
TMLPX Sortino Ratio Rank: 76
TMLPX Omega Ratio Rank: 69
TMLPX Calmar Ratio Rank: 92
TMLPX Martin Ratio Rank: 73

NXG

NXG Risk / Return Rank: 40
NXG Sharpe Ratio Rank: 39
NXG Sortino Ratio Rank: 39
NXG Omega Ratio Rank: 40
NXG Calmar Ratio Rank: 40
NXG Martin Ratio Rank: 41

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.

TMLPX vs. NXG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Transamerica Energy Infrastructure (TMLPX) and NXG NextGen Infrastructure Income Fund (NXG). 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.

	TMLPX	NXG	Difference
Sharpe ratio: Return per unit of total volatility	1.89	1.28	+0.61
Sortino ratio: Return per unit of downside risk	2.65	1.85	+0.80
Omega ratio: Gain probability vs. loss probability	1.32	1.24	+0.08
Calmar ratio: Return relative to maximum drawdown	3.80	1.75	+2.05
Martin ratio: Return relative to average drawdown	9.61	6.35	+3.26

TMLPX vs. NXG - Sharpe Ratio Comparison

The current TMLPX Sharpe Ratio is 1.89, which is higher than the NXG Sharpe Ratio of 1.28. The chart below compares the historical Sharpe Ratios of TMLPX and NXG, 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

TMLPX vs. NXG - Drawdown Comparison

The maximum TMLPX drawdown since its inception was -67.18%, which is greater than NXG's maximum drawdown of -26.14%. Use the drawdown chart below to compare losses from any high point for TMLPX and NXG.

Drawdown Indicators

	TMLPX	NXG	Difference
Max Drawdown Largest peak-to-trough decline	-67.18%	-26.14%	-41.04%
Max Drawdown (1Y) Largest decline over 1 year	-7.12%	-15.55%	+8.43%
Max Drawdown (3Y) Largest decline over 3 years	-16.60%	-26.14%	+9.54%
Max Drawdown (5Y) Largest decline over 5 years	-16.60%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-55.61%	—	—
Current Drawdown Current decline from peak	-2.71%	-8.82%	+6.11%
Average Drawdown Average peak-to-trough decline	-22.33%	-6.49%	-15.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.81%	4.57%	-1.76%

Volatility

TMLPX vs. NXG - Volatility Comparison

The current volatility for Transamerica Energy Infrastructure (TMLPX) is 5.34%, while NXG NextGen Infrastructure Income Fund (NXG) has a volatility of 9.19%. This indicates that TMLPX experiences smaller price fluctuations and is considered to be less risky than NXG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TMLPX	NXG	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.34%	9.19%	-3.85%
Volatility (6M) Calculated over the trailing 6-month period	11.65%	17.88%	-6.23%
Volatility (1Y) Calculated over the trailing 1-year period	14.35%	21.24%	-6.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.25%	27.04%	-9.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.79%	27.04%	-5.25%

TMLPX vs. NXG - Expense Ratio Comparison

TMLPX has a 1.26% expense ratio, which is higher than NXG's 1.00% expense ratio.

Dividends

TMLPX vs. NXG - Dividend Comparison

TMLPX's dividend yield for the trailing twelve months is around 3.78%, less than NXG's 11.29% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NXG NXG NextGen Infrastructure Income Fund	11.29%	12.83%	14.15%	12.00%	1.11%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TMLPX Transamerica Energy Infrastructure	3.78%	4.33%	3.71%	7.34%	4.83%	4.33%	6.09%	5.65%	6.10%	5.51%	3.95%	5.58%

Frequently Asked Questions

Can I hold both TMLPX and NXG in my portfolio?

TMLPX and NXG have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TMLPX or NXG?

NXG has higher volatility (9.19%) compared to TMLPX (5.34%). In terms of maximum drawdown, TMLPX dropped -67.18% vs NXG's -26.14%.

Which has better risk-adjusted returns?

TMLPX currently has the higher Sharpe Ratio (1.89 vs 1.28), 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.