TNGY vs. XLEI

Last updated Apr 2, 2026

Compare and contrast key facts about Tortoise Energy Fund (TNGY) and State Street Energy Select Sector SPDR Premium Income ETF (XLEI).

TNGY and XLEI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TNGY is an actively managed fund by Tortoise Capital. It was launched on Jun 16, 2025. XLEI is a passively managed fund by State Street that tracks the performance of the S&P Energy Select Sector. It was launched on Jul 29, 2025.

Performance

TNGY vs. XLEI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tortoise Energy Fund (TNGY) and State Street Energy Select Sector SPDR Premium Income ETF (XLEI). The values are adjusted to include any dividend payments, if applicable.

TNGY vs. XLEI - Yearly Performance Comparison

	2026 (YTD)	2025
TNGY Tortoise Energy Fund	14.20%	1.59%
XLEI State Street Energy Select Sector SPDR Premium Income ETF	17.92%	6.77%

Returns By Period

In the year-to-date period, TNGY achieves a 14.20% return, which is significantly lower than XLEI's 17.92% return.

TNGY

• 1D: -2.11%
• 1M: -0.64%
• YTD: 14.20%
• 6M: 13.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XLEI

• 1D: -2.12%
• 1M: 4.17%
• YTD: 17.92%
• 6M: 22.25%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TNGY vs. XLEI - Expense Ratio Comparison

TNGY has a 0.85% expense ratio, which is higher than XLEI's 0.35% expense ratio.

TNGY

Tortoise Energy Fund

XLEI

State Street Energy Select Sector SPDR Premium Income ETF

Return for Risk

TNGY vs. XLEI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tortoise Energy Fund (TNGY) and State Street Energy Select Sector SPDR Premium Income ETF (XLEI). 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

	TNGY	XLEI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.49	3.50	-2.02

Correlation

The correlation between TNGY and XLEI is 0.66, 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

TNGY vs. XLEI - Dividend Comparison

TNGY's dividend yield for the trailing twelve months is around 3.44%, less than XLEI's 13.66% yield.

	TTM	2025
TNGY Tortoise Energy Fund	3.44%	2.59%
XLEI State Street Energy Select Sector SPDR Premium Income ETF	13.66%	10.17%

Drawdowns

TNGY vs. XLEI - Drawdown Comparison

The maximum TNGY drawdown since its inception was -5.30%, roughly equal to the maximum XLEI drawdown of -5.31%. Use the drawdown chart below to compare losses from any high point for TNGY and XLEI.

Drawdown Indicators

	TNGY	XLEI	Difference
Max Drawdown Largest peak-to-trough decline	-5.30%	-5.31%	+0.01%
Current Drawdown Current decline from peak	-4.76%	-3.02%	-1.74%
Average Drawdown Average peak-to-trough decline	-1.58%	-0.95%	-0.63%

Volatility

Volatility by Period

	TNGY	XLEI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	14.17%	11.73%	+2.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.17%	11.73%	+2.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.17%	11.73%	+2.44%