TNGY vs. USNG

Last updated Jun 25, 2026

TNGY (Tortoise Energy Fund) and USNG (Amplify Samsung U.S. Natural Gas Infrastructure ETF) are both Energy Equities funds. Both are actively managed. Over the past year, TNGY returned 11.35% vs 44.34% for USNG. A 0.59 correlation means they provide meaningful diversification when combined. TNGY charges 0.85%/yr vs 0.59%/yr for USNG.

Performance

TNGY vs. USNG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tortoise Energy Fund (TNGY) and Amplify Samsung U.S. Natural Gas Infrastructure ETF (USNG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TNGY achieves a 9.61% return, which is significantly lower than USNG's 34.67% return.

TNGY

• 1D: -1.11%
• 1M: -6.49%
• YTD: 9.61%
• 6M: 10.43%
• 1Y: 11.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —

USNG

• 1D: -1.10%
• 1M: -1.74%
• YTD: 34.67%
• 6M: 34.92%
• 1Y: 44.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TNGY vs. USNG - Yearly Performance Comparison

	2026 (YTD)	2025
TNGY Tortoise Energy Fund	9.61%	-2.37%
USNG Amplify Samsung U.S. Natural Gas Infrastructure ETF	34.67%	7.52%

Correlation

The correlation between TNGY and USNG is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.60
Correlation (All Time) Calculated using the full available price history since Jun 16, 2025	0.59

The correlation between TNGY and USNG has been stable across timeframes, ranging from 0.59 to 0.60 - a consistent structural relationship.

Return for Risk

TNGY vs. USNG — Risk / Return Rank

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

TNGY

TNGY Risk / Return Rank: 23
TNGY Sharpe Ratio Rank: 22
TNGY Sortino Ratio Rank: 20
TNGY Omega Ratio Rank: 20
TNGY Calmar Ratio Rank: 26
TNGY Martin Ratio Rank: 27

USNG

USNG Risk / Return Rank: 90
USNG Sharpe Ratio Rank: 91
USNG Sortino Ratio Rank: 90
USNG Omega Ratio Rank: 85
USNG Calmar Ratio Rank: 95
USNG Martin Ratio Rank: 92

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.

TNGY vs. USNG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tortoise Energy Fund (TNGY) and Amplify Samsung U.S. Natural Gas Infrastructure ETF (USNG). 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.

	TNGY	USNG	Difference
Sharpe ratio: Return per unit of total volatility	0.71	2.67	-1.96
Sortino ratio: Return per unit of downside risk	1.03	3.63	-2.59
Omega ratio: Gain probability vs. loss probability	1.13	1.45	-0.32
Calmar ratio: Return relative to maximum drawdown	1.16	6.54	-5.37
Martin ratio: Return relative to average drawdown	3.37	19.66	-16.29

TNGY vs. USNG - Sharpe Ratio Comparison

The current TNGY Sharpe Ratio is 0.71, which is lower than the USNG Sharpe Ratio of 2.67. The chart below compares the historical Sharpe Ratios of TNGY and USNG, 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

TNGY vs. USNG - Drawdown Comparison

The maximum TNGY drawdown since its inception was -9.79%, which is greater than USNG's maximum drawdown of -6.82%. Use the drawdown chart below to compare losses from any high point for TNGY and USNG.

Drawdown Indicators

	TNGY	USNG	Difference
Max Drawdown Largest peak-to-trough decline	-9.79%	-6.82%	-2.97%
Max Drawdown (1Y) Largest decline over 1 year	-9.79%	-6.82%	-2.97%
Current Drawdown Current decline from peak	-8.58%	-1.74%	-6.84%
Average Drawdown Average peak-to-trough decline	-3.60%	-1.52%	-2.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.38%	2.26%	+1.12%

Volatility

TNGY vs. USNG - Volatility Comparison

Tortoise Energy Fund (TNGY) and Amplify Samsung U.S. Natural Gas Infrastructure ETF (USNG) have volatilities of 6.38% and 6.32%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TNGY	USNG	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.38%	6.32%	+0.06%
Volatility (6M) Calculated over the trailing 6-month period	12.83%	12.52%	+0.31%
Volatility (1Y) Calculated over the trailing 1-year period	16.05%	16.70%	-0.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.45%	16.62%	-0.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.45%	16.62%	-0.17%

TNGY vs. USNG - Expense Ratio Comparison

TNGY has a 0.85% expense ratio, which is higher than USNG's 0.59% expense ratio.

Dividends

TNGY vs. USNG - Dividend Comparison

TNGY's dividend yield for the trailing twelve months is around 3.59%, more than USNG's 1.10% yield.

Position	TTM	2025
TNGY Tortoise Energy Fund	3.59%	2.59%
USNG Amplify Samsung U.S. Natural Gas Infrastructure ETF	1.10%	1.10%

Frequently Asked Questions

Can I hold both TNGY and USNG in my portfolio?

TNGY and USNG have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TNGY or USNG?

TNGY has higher volatility (6.38%) compared to USNG (6.32%). In terms of maximum drawdown, TNGY dropped -9.79% vs USNG's -6.82%.

Which ETF is better, TNGY or USNG?

On 1-year performance, USNG leads with 44.34% vs 11.35% for TNGY. On fees, USNG is cheaper at 0.59% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TNGY or USNG?

Over the 1-year period, USNG has performed better with a 44.34% return vs 11.35%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TNGY or USNG?

USNG is cheaper with a 0.59% expense ratio, compared with 0.85% for TNGY.

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

TNGY has the higher dividend yield at 3.59%, compared with 1.10% for USNG.

What is the main difference between TNGY and USNG?

They also come from different issuers: Tortoise Capital and Amplify. Their fees differ too: 0.85% for TNGY and 0.59% for USNG.

Which has better risk-adjusted returns?

USNG currently has the higher Sharpe Ratio (2.67 vs 0.71), 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.