TPYP vs. UMI
Compare and contrast key facts about Tortoise North American Pipeline Fund (TPYP) and USCF Midstream Energy Income Fund ETF (UMI).
TPYP and UMI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TPYP is a passively managed fund by Tortoise that tracks the performance of the Tortoise North American Pipeline Index. It was launched on Jun 30, 2015. UMI is an actively managed fund by Wainwright, Inc.. It was launched on Mar 24, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TPYP or UMI.
Key characteristics
| TPYP | UMI | |
|---|---|---|
| YTD Return | 38.06% | 42.46% |
| 1Y Return | 42.83% | 46.43% |
| 3Y Return (Ann) | 20.02% | 23.53% |
| 5Y Return (Ann) | 14.80% | 17.66% |
| Sharpe Ratio | 3.67 | 3.76 |
| Sortino Ratio | 5.13 | 5.14 |
| Omega Ratio | 1.64 | 1.66 |
| Calmar Ratio | 8.86 | 8.30 |
| Martin Ratio | 30.62 | 30.20 |
| Ulcer Index | 1.49% | 1.60% |
| Daily Std Dev | 12.42% | 12.84% |
| Max Drawdown | -51.91% | -48.08% |
| Current Drawdown | -1.00% | -1.21% |
Correlation
The correlation between TPYP and UMI is 0.75, 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.
Performance
TPYP vs. UMI - Performance Comparison
In the year-to-date period, TPYP achieves a 38.06% return, which is significantly lower than UMI's 42.46% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TPYP vs. UMI - Expense Ratio Comparison
TPYP has a 0.40% expense ratio, which is lower than UMI's 0.85% expense ratio.
Risk-Adjusted Performance
TPYP vs. UMI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tortoise North American Pipeline Fund (TPYP) and USCF Midstream Energy Income Fund ETF (UMI). 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.
Dividends
TPYP vs. UMI - Dividend Comparison
TPYP's dividend yield for the trailing twelve months is around 3.74%, less than UMI's 3.99% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
TPYP Tortoise North American Pipeline Fund | 3.74% | 4.83% | 4.48% | 4.86% | 6.15% | 4.45% | 4.58% | 3.71% | 3.18% | 1.48% |
UMI USCF Midstream Energy Income Fund ETF | 3.99% | 4.67% | 4.78% | 3.37% | 2.18% | 2.47% | 2.48% | 0.15% | 0.00% | 0.00% |
Drawdowns
TPYP vs. UMI - Drawdown Comparison
The maximum TPYP drawdown since its inception was -51.91%, which is greater than UMI's maximum drawdown of -48.08%. Use the drawdown chart below to compare losses from any high point for TPYP and UMI. For additional features, visit the drawdowns tool.
Volatility
TPYP vs. UMI - Volatility Comparison
The current volatility for Tortoise North American Pipeline Fund (TPYP) is 3.96%, while USCF Midstream Energy Income Fund ETF (UMI) has a volatility of 4.24%. This indicates that TPYP experiences smaller price fluctuations and is considered to be less risky than UMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.