TORIX vs. LNG

Last updated Apr 1, 2026

Compare and contrast key facts about Tortoise MLP & Pipeline Fund (TORIX) and Cheniere Energy, Inc. (LNG).

TORIX is managed by Tortoise. It was launched on May 30, 2011.

Performance

TORIX vs. LNG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tortoise MLP & Pipeline Fund (TORIX) and Cheniere Energy, Inc. (LNG). The values are adjusted to include any dividend payments, if applicable.

TORIX vs. LNG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TORIX Tortoise MLP & Pipeline Fund	22.82%	4.94%	42.91%	14.18%	22.20%	40.84%	-29.47%	18.33%	-15.14%	-1.04%
LNG Cheniere Energy, Inc.	46.36%	-8.70%	27.18%	15.02%	49.30%	69.48%	-1.70%	3.18%	9.94%	29.95%

Returns By Period

In the year-to-date period, TORIX achieves a 22.82% return, which is significantly lower than LNG's 46.36% return. Over the past 10 years, TORIX has underperformed LNG with an annualized return of 13.24%, while LNG has yielded a comparatively higher 24.28% annualized return.

TORIX

• 1D: -0.81%
• 1M: 3.91%
• YTD: 22.82%
• 6M: 22.35%
• 1Y: 20.48%
• 3Y*: 27.94%
• 5Y*: 24.92%
• 10Y*: 13.24%

LNG

• 1D: -3.36%
• 1M: 20.38%
• YTD: 46.36%
• 6M: 21.40%
• 1Y: 23.80%
• 3Y*: 22.87%
• 5Y*: 32.83%
• 10Y*: 24.28%

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

Return for Risk

TORIX vs. LNG — Risk / Return Rank

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

TORIX

TORIX Risk / Return Rank: 56
TORIX Sharpe Ratio Rank: 65
TORIX Sortino Ratio Rank: 56
TORIX Omega Ratio Rank: 63
TORIX Calmar Ratio Rank: 59
TORIX Martin Ratio Rank: 35

LNG

LNG Risk / Return Rank: 66
LNG Sharpe Ratio Rank: 71
LNG Sortino Ratio Rank: 63
LNG Omega Ratio Rank: 64
LNG Calmar Ratio Rank: 67
LNG Martin Ratio Rank: 67

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.

TORIX vs. LNG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tortoise MLP & Pipeline Fund (TORIX) and Cheniere Energy, Inc. (LNG). 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.

	TORIX	LNG	Difference
Sharpe ratio Return per unit of total volatility	1.14	0.81	+0.33
Sortino ratio Return per unit of downside risk	1.48	1.25	+0.23
Omega ratio Gain probability vs. loss probability	1.24	1.17	+0.06
Calmar ratio Return relative to maximum drawdown	1.37	1.19	+0.18
Martin ratio Return relative to average drawdown	3.76	2.72	+1.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TORIX vs. LNG - Sharpe Ratio Comparison

The current TORIX Sharpe Ratio is 1.14, which is higher than the LNG Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of TORIX and LNG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TORIX	LNG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.14	0.81	+0.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.28	1.11	+0.17
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	0.74	-0.21
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.17	+0.26

Correlation

The correlation between TORIX and LNG is 0.64, 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

TORIX vs. LNG - Dividend Comparison

TORIX's dividend yield for the trailing twelve months is around 4.14%, more than LNG's 0.74% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TORIX Tortoise MLP & Pipeline Fund	4.14%	5.03%	4.92%	4.36%	5.28%	4.29%	5.63%	4.39%	4.22%	2.92%	1.87%	5.96%
LNG Cheniere Energy, Inc.	0.74%	1.06%	0.84%	0.95%	0.92%	0.33%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

TORIX vs. LNG - Drawdown Comparison

The maximum TORIX drawdown since its inception was -68.58%, smaller than the maximum LNG drawdown of -97.84%. Use the drawdown chart below to compare losses from any high point for TORIX and LNG.

Drawdown Indicators

	TORIX	LNG	Difference
Max Drawdown Largest peak-to-trough decline	-68.58%	-97.84%	+29.26%
Max Drawdown (1Y) Largest decline over 1 year	-15.10%	-22.34%	+7.24%
Max Drawdown (5Y) Largest decline over 5 years	-19.75%	-24.87%	+5.12%
Max Drawdown (10Y) Largest decline over 10 years	-63.04%	-57.53%	-5.51%
Current Drawdown Current decline from peak	-0.89%	-4.43%	+3.54%
Average Drawdown Average peak-to-trough decline	-14.96%	-43.35%	+28.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.50%	9.78%	-4.28%

Volatility

TORIX vs. LNG - Volatility Comparison

The current volatility for Tortoise MLP & Pipeline Fund (TORIX) is 4.14%, while Cheniere Energy, Inc. (LNG) has a volatility of 11.40%. This indicates that TORIX experiences smaller price fluctuations and is considered to be less risky than LNG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TORIX	LNG	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.14%	11.40%	-7.26%
Volatility (6M) Calculated over the trailing 6-month period	9.73%	18.17%	-8.44%
Volatility (1Y) Calculated over the trailing 1-year period	18.37%	29.59%	-11.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.59%	29.87%	-10.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.99%	32.95%	-7.96%