TYG vs. MLPDX
Compare and contrast key facts about Tortoise Energy Infrastructure Closed Fund (TYG) and Invesco SteelPath MLP Income Fund Class A (MLPDX).
TYG is an actively managed fund by Tortoise. MLPDX is an actively managed fund by Invesco. It was launched on Mar 31, 2010.
Performance
TYG vs. MLPDX - Performance Comparison
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TYG vs. MLPDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TYG Tortoise Energy Infrastructure Closed Fund | 16.14% | 8.46% | 60.18% | -0.37% | 24.20% | 46.86% | -70.31% | 1.79% | -24.74% | 3.17% |
MLPDX Invesco SteelPath MLP Income Fund Class A | 15.88% | 7.69% | 24.00% | 20.32% | 25.11% | 44.69% | -25.75% | 18.07% | -13.12% | -8.61% |
Returns By Period
The year-to-date returns for both stocks are quite close, with TYG having a 16.14% return and MLPDX slightly lower at 15.88%. Over the past 10 years, TYG has underperformed MLPDX with an annualized return of 1.56%, while MLPDX has yielded a comparatively higher 12.29% annualized return.
TYG
- 1D
- -7.52%
- 1M
- -8.18%
- YTD
- 16.14%
- 6M
- 13.16%
- 1Y
- 18.81%
- 3Y*
- 28.59%
- 5Y*
- 23.81%
- 10Y*
- 1.56%
MLPDX
- 1D
- -1.03%
- 1M
- -0.18%
- YTD
- 15.88%
- 6M
- 19.37%
- 1Y
- 14.02%
- 3Y*
- 21.73%
- 5Y*
- 22.14%
- 10Y*
- 12.29%
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TYG vs. MLPDX - Expense Ratio Comparison
TYG has a 2.90% expense ratio, which is lower than MLPDX's 9.02% expense ratio.
Return for Risk
TYG vs. MLPDX — Risk / Return Rank
TYG
MLPDX
TYG vs. MLPDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tortoise Energy Infrastructure Closed Fund (TYG) and Invesco SteelPath MLP Income Fund Class A (MLPDX). 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 | MLPDX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.80 | 0.92 | -0.12 |
Sortino ratioReturn per unit of downside risk | 1.13 | 1.25 | -0.11 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.19 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.06 | 1.00 | +0.07 |
Martin ratioReturn relative to average drawdown | 4.48 | 2.96 | +1.52 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TYG | MLPDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.80 | 0.92 | -0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.00 | 1.27 | -0.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.03 | 0.48 | -0.45 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.10 | 0.32 | -0.22 |
Correlation
The correlation between TYG and MLPDX is 0.71, 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.
Dividends
TYG vs. MLPDX - Dividend Comparison
TYG's dividend yield for the trailing twelve months is around 10.69%, more than MLPDX's 6.70% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TYG Tortoise Energy Infrastructure Closed Fund | 10.69% | 11.25% | 7.96% | 9.87% | 8.94% | 5.27% | 10.85% | 14.61% | 13.17% | 9.01% | 8.54% | 13.95% |
MLPDX Invesco SteelPath MLP Income Fund Class A | 6.70% | 7.51% | 6.42% | 7.72% | 8.49% | 9.74% | 17.44% | 17.48% | 13.70% | 10.99% | 10.00% | 11.12% |
Drawdowns
TYG vs. MLPDX - Drawdown Comparison
The maximum TYG drawdown since its inception was -95.34%, which is greater than MLPDX's maximum drawdown of -77.09%. Use the drawdown chart below to compare losses from any high point for TYG and MLPDX.
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Drawdown Indicators
| TYG | MLPDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.34% | -77.09% | -18.25% |
Max Drawdown (1Y)Largest decline over 1 year | -18.76% | -14.45% | -4.31% |
Max Drawdown (5Y)Largest decline over 5 years | -25.08% | -17.98% | -7.10% |
Max Drawdown (10Y)Largest decline over 10 years | -94.98% | -72.90% | -22.08% |
Current DrawdownCurrent decline from peak | -33.75% | -2.32% | -31.43% |
Average DrawdownAverage peak-to-trough decline | -29.40% | -13.52% | -15.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.45% | 4.86% | -0.41% |
Volatility
TYG vs. MLPDX - Volatility Comparison
Tortoise Energy Infrastructure Closed Fund (TYG) has a higher volatility of 10.99% compared to Invesco SteelPath MLP Income Fund Class A (MLPDX) at 3.25%. This indicates that TYG's price experiences larger fluctuations and is considered to be riskier than MLPDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TYG | MLPDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.99% | 3.25% | +7.74% |
Volatility (6M)Calculated over the trailing 6-month period | 15.97% | 8.17% | +7.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.68% | 16.15% | +7.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.99% | 17.53% | +6.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.27% | 25.93% | +25.34% |