PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
TPYP vs. KYN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TPYP and KYN is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.8

Performance

TPYP vs. KYN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tortoise North American Pipeline Fund (TPYP) and Kayne Anderson Energy Infrastructure Fund, Inc. (KYN). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
106.17%
6.77%
TPYP
KYN

Key characteristics

Sharpe Ratio

TPYP:

2.77

KYN:

3.21

Sortino Ratio

TPYP:

3.76

KYN:

4.22

Omega Ratio

TPYP:

1.48

KYN:

1.53

Calmar Ratio

TPYP:

3.70

KYN:

1.22

Martin Ratio

TPYP:

18.19

KYN:

22.60

Ulcer Index

TPYP:

2.02%

KYN:

2.55%

Daily Std Dev

TPYP:

13.23%

KYN:

17.96%

Max Drawdown

TPYP:

-51.91%

KYN:

-91.43%

Current Drawdown

TPYP:

-7.90%

KYN:

-17.10%

Returns By Period

In the year-to-date period, TPYP achieves a 35.27% return, which is significantly lower than KYN's 53.25% return.


TPYP

YTD

35.27%

1M

-7.45%

6M

22.02%

1Y

35.17%

5Y*

13.15%

10Y*

N/A

KYN

YTD

53.25%

1M

-7.17%

6M

23.97%

1Y

55.92%

5Y*

7.55%

10Y*

-1.19%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

TPYP vs. KYN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Tortoise North American Pipeline Fund (TPYP) and Kayne Anderson Energy Infrastructure Fund, Inc. (KYN). 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.


Sharpe ratio
The chart of Sharpe ratio for TPYP, currently valued at 2.77, compared to the broader market0.002.004.002.773.21
The chart of Sortino ratio for TPYP, currently valued at 3.76, compared to the broader market-2.000.002.004.006.008.0010.003.764.22
The chart of Omega ratio for TPYP, currently valued at 1.48, compared to the broader market0.501.001.502.002.503.001.481.53
The chart of Calmar ratio for TPYP, currently valued at 3.70, compared to the broader market0.005.0010.0015.003.701.65
The chart of Martin ratio for TPYP, currently valued at 18.19, compared to the broader market0.0020.0040.0060.0080.00100.0018.1922.60
TPYP
KYN

The current TPYP Sharpe Ratio is 2.77, which is comparable to the KYN Sharpe Ratio of 3.21. The chart below compares the historical Sharpe Ratios of TPYP and KYN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.002.003.004.005.00JulyAugustSeptemberOctoberNovemberDecember
2.77
3.21
TPYP
KYN

Dividends

TPYP vs. KYN - Dividend Comparison

TPYP's dividend yield for the trailing twelve months is around 3.82%, less than KYN's 8.73% yield.


TTM20232022202120202019201820172016201520142013
TPYP
Tortoise North American Pipeline Fund
3.82%4.83%4.48%4.86%6.15%4.45%4.58%3.71%3.18%1.48%0.00%0.00%
KYN
Kayne Anderson Energy Infrastructure Fund, Inc.
8.73%9.45%9.05%6.42%16.17%10.34%14.17%9.97%11.24%15.21%6.61%4.37%

Drawdowns

TPYP vs. KYN - Drawdown Comparison

The maximum TPYP drawdown since its inception was -51.91%, smaller than the maximum KYN drawdown of -91.43%. Use the drawdown chart below to compare losses from any high point for TPYP and KYN. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.90%
-10.70%
TPYP
KYN

Volatility

TPYP vs. KYN - Volatility Comparison

The current volatility for Tortoise North American Pipeline Fund (TPYP) is 6.05%, while Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) has a volatility of 7.23%. This indicates that TPYP experiences smaller price fluctuations and is considered to be less risky than KYN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
6.05%
7.23%
TPYP
KYN
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab