TYG vs. FTIHX

Last updated Jun 4, 2026

TYG (Tortoise Energy Infrastructure Closed Fund) and FTIHX (Fidelity Total International Index Fund) are both mutual funds - TYG is a MLPs fund actively managed by Tortoise, while FTIHX is a Foreign Large Cap Equities fund tracking the MSCI ACWI (All Country World Index) ex USA Investable Market Index. TYG is actively managed, while FTIHX is passively managed. Over the past 5 years, TYG returned 19.47%/yr vs 8.77%/yr for FTIHX. At a 0.44 correlation, their price movements are largely independent. TYG charges 2.90%/yr vs 0.06%/yr for FTIHX.

Performance

TYG vs. FTIHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tortoise Energy Infrastructure Closed Fund (TYG) and Fidelity Total International Index Fund (FTIHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TYG achieves a 12.81% return, which is significantly lower than FTIHX's 15.53% return.

TYG

• 1D: -1.17%
• 1M: -11.67%
• YTD: 12.81%
• 6M: 7.85%
• 1Y: 18.81%
• 3Y*: 28.24%
• 5Y*: 19.47%
• 10Y*: -1.19%

FTIHX

• 1D: 0.70%
• 1M: 5.76%
• YTD: 15.53%
• 6M: 18.30%
• 1Y: 33.42%
• 3Y*: 19.89%
• 5Y*: 8.77%
• 10Y*: —

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

TYG vs. FTIHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TYG Tortoise Energy Infrastructure Closed Fund	12.81%	8.46%	60.18%	-0.37%	24.20%	46.86%	-70.31%	1.79%	-24.74%	3.17%
FTIHX Fidelity Total International Index Fund	15.53%	32.59%	4.98%	15.49%	-16.29%	8.45%	11.09%	21.50%	-14.40%	25.88%

Correlation

The correlation between TYG and FTIHX 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	0.34
Correlation (5Y) Calculated over the trailing 5-year period	0.45
Correlation (All Time) Calculated using the full available price history since Jun 17, 2016	0.44

Over the past year, the correlation between TYG and FTIHX 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. FTIHX — Risk / Return Rank

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

TYG

TYG Risk / Return Rank: 15
TYG Sharpe Ratio Rank: 13
TYG Sortino Ratio Rank: 12
TYG Omega Ratio Rank: 14
TYG Calmar Ratio Rank: 19
TYG Martin Ratio Rank: 19

FTIHX

FTIHX Risk / Return Rank: 58
FTIHX Sharpe Ratio Rank: 62
FTIHX Sortino Ratio Rank: 55
FTIHX Omega Ratio Rank: 59
FTIHX Calmar Ratio Rank: 58
FTIHX Martin Ratio Rank: 58

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. FTIHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tortoise Energy Infrastructure Closed Fund (TYG) and Fidelity Total International Index Fund (FTIHX). 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.

	TYG	FTIHX	Difference
Sharpe ratio: Return per unit of total volatility	0.97	2.31	-1.34
Sortino ratio: Return per unit of downside risk	1.37	3.14	-1.77
Omega ratio: Gain probability vs. loss probability	1.19	1.43	-0.23
Calmar ratio: Return relative to maximum drawdown	1.62	2.93	-1.31
Martin ratio: Return relative to average drawdown	5.20	11.54	-6.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TYG vs. FTIHX - Sharpe Ratio Comparison

The current TYG Sharpe Ratio is 0.97, which is lower than the FTIHX Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of TYG and FTIHX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TYG	FTIHX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.97	2.31	-1.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.81	0.58	+0.24
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.02	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.09	0.63	-0.54

Drawdowns

TYG vs. FTIHX - Drawdown Comparison

The maximum TYG drawdown since its inception was -95.34%, which is greater than FTIHX's maximum drawdown of -35.75%. Use the drawdown chart below to compare losses from any high point for TYG and FTIHX.

Drawdown Indicators

	TYG	FTIHX	Difference
Max Drawdown Largest peak-to-trough decline	-95.34%	-35.75%	-59.59%
Max Drawdown (1Y) Largest decline over 1 year	-11.67%	-11.25%	-0.42%
Max Drawdown (3Y) Largest decline over 3 years	-25.08%	-13.15%	-11.93%
Max Drawdown (5Y) Largest decline over 5 years	-25.08%	-29.99%	+4.91%
Max Drawdown (10Y) Largest decline over 10 years	-94.98%	—	—
Current Drawdown Current decline from peak	-35.65%	0.00%	-35.65%
Average Drawdown Average peak-to-trough decline	-29.42%	-7.22%	-22.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.63%	2.85%	+0.78%

Volatility

TYG vs. FTIHX - Volatility Comparison

Tortoise Energy Infrastructure Closed Fund (TYG) has a higher volatility of 7.20% compared to Fidelity Total International Index Fund (FTIHX) at 4.76%. This indicates that TYG's price experiences larger fluctuations and is considered to be riskier than FTIHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TYG	FTIHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.20%	4.76%	+2.44%
Volatility (6M) Calculated over the trailing 6-month period	17.34%	12.02%	+5.32%
Volatility (1Y) Calculated over the trailing 1-year period	19.45%	14.30%	+5.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.06%	15.27%	+8.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.16%	16.05%	+35.11%

TYG vs. FTIHX - Expense Ratio Comparison

TYG has a 2.90% expense ratio, which is higher than FTIHX's 0.06% expense ratio.

Dividends

TYG vs. FTIHX - Dividend Comparison

TYG's dividend yield for the trailing twelve months is around 12.95%, more than FTIHX's 2.41% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTIHX Fidelity Total International Index Fund	2.41%	2.78%	2.88%	2.78%	2.51%	2.55%	1.62%	2.61%	2.21%	0.45%	0.47%	0.00%
TYG Tortoise Energy Infrastructure Closed Fund	12.95%	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 FTIHX in my portfolio?

TYG and FTIHX 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 FTIHX?

TYG has higher volatility (7.20%) compared to FTIHX (4.76%). In terms of maximum drawdown, TYG dropped -95.34% vs FTIHX's -35.75%.

Which has better risk-adjusted returns?

FTIHX currently has the higher Sharpe Ratio (2.31 vs 0.97), 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.