TYG vs. FSLVX

Last updated Jun 20, 2026

TYG (Tortoise Energy Infrastructure Closed Fund) and FSLVX (Fidelity Stock Selector Large Cap Value Fund) are both mutual funds - TYG is a MLPs fund actively managed by Tortoise, while FSLVX is a Large Cap Value Equities fund managed by Fidelity. Over the past 10 years, TYG returned -1.25%/yr vs 11.41%/yr for FSLVX. At a 0.44 correlation, their price movements are largely independent. TYG charges 2.90%/yr vs 0.76%/yr for FSLVX.

Performance

TYG vs. FSLVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tortoise Energy Infrastructure Closed Fund (TYG) and Fidelity Stock Selector Large Cap Value Fund (FSLVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TYG achieves a 10.50% return, which is significantly higher than FSLVX's 9.39% return. Over the past 10 years, TYG has underperformed FSLVX with an annualized return of -1.25%, while FSLVX has yielded a comparatively higher 11.41% annualized return.

TYG

• 1D: 0.54%
• 1M: -6.35%
• YTD: 10.50%
• 6M: 12.26%
• 1Y: 13.28%
• 3Y*: 26.78%
• 5Y*: 19.13%
• 10Y*: -1.25%

FSLVX

• 1D: 0.29%
• 1M: 2.32%
• YTD: 9.39%
• 6M: 9.66%
• 1Y: 23.46%
• 3Y*: 17.67%
• 5Y*: 11.90%
• 10Y*: 11.41%

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

TYG vs. FSLVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TYG Tortoise Energy Infrastructure Closed Fund	10.50%	8.46%	60.18%	-0.37%	24.20%	46.86%	-70.31%	1.79%	-24.74%	3.17%
FSLVX Fidelity Stock Selector Large Cap Value Fund	9.39%	15.95%	17.29%	14.44%	-5.53%	25.72%	4.14%	24.63%	-9.29%	12.34%

Correlation

The correlation between TYG and FSLVX is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.43
Correlation (5Y) Calculated over the trailing 5-year period	0.56
Correlation (10Y) Calculated over the trailing 10-year period	0.55
Correlation (All Time) Calculated using the full available price history since Feb 25, 2004	0.44

Over the past year, the correlation between TYG and FSLVX has dropped to 0.11 - well below their long-term average of 0.44, suggesting their price drivers have been diverging.

Return for Risk

TYG vs. FSLVX — Risk / Return Rank

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

TYG

TYG Risk / Return Rank: 11
TYG Sharpe Ratio Rank: 10
TYG Sortino Ratio Rank: 9
TYG Omega Ratio Rank: 11
TYG Calmar Ratio Rank: 12
TYG Martin Ratio Rank: 12

FSLVX

FSLVX Risk / Return Rank: 74
FSLVX Sharpe Ratio Rank: 72
FSLVX Sortino Ratio Rank: 73
FSLVX Omega Ratio Rank: 65
FSLVX Calmar Ratio Rank: 80
FSLVX Martin Ratio Rank: 81

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.

TYG vs. FSLVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tortoise Energy Infrastructure Closed Fund (TYG) and Fidelity Stock Selector Large Cap Value Fund (FSLVX). 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.

	TYG	FSLVX	Difference
Sharpe ratio: Return per unit of total volatility	0.72	2.20	-1.48
Sortino ratio: Return per unit of downside risk	1.06	3.16	-2.10
Omega ratio: Gain probability vs. loss probability	1.15	1.39	-0.25
Calmar ratio: Return relative to maximum drawdown	1.00	3.38	-2.38
Martin ratio: Return relative to average drawdown	3.07	13.60	-10.53

TYG vs. FSLVX - Sharpe Ratio Comparison

The current TYG Sharpe Ratio is 0.72, which is lower than the FSLVX Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of TYG and FSLVX, 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

TYG vs. FSLVX - Drawdown Comparison

The maximum TYG drawdown since its inception was -95.34%, which is greater than FSLVX's maximum drawdown of -60.89%. Use the drawdown chart below to compare losses from any high point for TYG and FSLVX.

Drawdown Indicators

	TYG	FSLVX	Difference
Max Drawdown Largest peak-to-trough decline	-95.34%	-60.89%	-34.45%
Max Drawdown (1Y) Largest decline over 1 year	-13.94%	-7.01%	-6.93%
Max Drawdown (3Y) Largest decline over 3 years	-25.08%	-15.62%	-9.46%
Max Drawdown (5Y) Largest decline over 5 years	-25.08%	-19.33%	-5.75%
Max Drawdown (10Y) Largest decline over 10 years	-94.98%	-39.75%	-55.23%
Current Drawdown Current decline from peak	-36.97%	-0.83%	-36.14%
Average Drawdown Average peak-to-trough decline	-29.43%	-9.89%	-19.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.54%	1.74%	+2.80%

Volatility

TYG vs. FSLVX - Volatility Comparison

Tortoise Energy Infrastructure Closed Fund (TYG) has a higher volatility of 4.25% compared to Fidelity Stock Selector Large Cap Value Fund (FSLVX) at 3.32%. This indicates that TYG's price experiences larger fluctuations and is considered to be riskier than FSLVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TYG	FSLVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.25%	3.32%	+0.93%
Volatility (6M) Calculated over the trailing 6-month period	17.33%	8.18%	+9.15%
Volatility (1Y) Calculated over the trailing 1-year period	19.40%	10.76%	+8.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.90%	15.49%	+8.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.12%	17.73%	+33.39%

TYG vs. FSLVX - Expense Ratio Comparison

TYG has a 2.90% expense ratio, which is higher than FSLVX's 0.76% expense ratio.

Dividends

TYG vs. FSLVX - Dividend Comparison

TYG's dividend yield for the trailing twelve months is around 13.23%, more than FSLVX's 9.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSLVX Fidelity Stock Selector Large Cap Value Fund	9.08%	8.06%	10.40%	2.50%	8.31%	4.35%	2.18%	1.58%	7.55%	1.10%	1.29%	1.26%
TYG Tortoise Energy Infrastructure Closed Fund	13.23%	11.25%	7.96%	9.87%	8.94%	5.27%	10.85%	14.61%	13.17%	9.01%	8.54%	13.95%

Frequently Asked Questions

Can I hold both TYG and FSLVX in my portfolio?

TYG and FSLVX have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TYG or FSLVX?

TYG has higher volatility (4.25%) compared to FSLVX (3.32%). In terms of maximum drawdown, TYG dropped -95.34% vs FSLVX's -60.89%.

Which has better risk-adjusted returns?

FSLVX currently has the higher Sharpe Ratio (2.20 vs 0.72), 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.