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TYG vs. MLPX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

TYG vs. MLPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tortoise Energy Infrastructure Closed Fund (TYG) and Global X MLP & Energy Infrastructure ETF (MLPX). The values are adjusted to include any dividend payments, if applicable.

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TYG vs. MLPX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
TYG
Tortoise Energy Infrastructure Closed Fund
25.59%8.46%60.18%-0.37%24.20%46.86%-70.31%1.79%-24.74%3.17%
MLPX
Global X MLP & Energy Infrastructure ETF
23.52%4.96%42.90%15.77%21.54%39.63%-20.32%19.04%-15.64%-4.53%

Returns By Period

In the year-to-date period, TYG achieves a 25.59% return, which is significantly higher than MLPX's 23.52% return. Over the past 10 years, TYG has underperformed MLPX with an annualized return of 2.35%, while MLPX has yielded a comparatively higher 14.53% annualized return.


TYG

1D
-0.24%
1M
1.04%
YTD
25.59%
6M
22.94%
1Y
29.72%
3Y*
31.98%
5Y*
25.76%
10Y*
2.35%

MLPX

1D
-0.98%
1M
3.80%
YTD
23.52%
6M
20.89%
1Y
21.69%
3Y*
29.25%
5Y*
24.62%
10Y*
14.53%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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TYG vs. MLPX - Expense Ratio Comparison

TYG has a 2.90% expense ratio, which is higher than MLPX's 0.45% expense ratio.


Return for Risk

TYG vs. MLPX — Risk / Return Rank

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

TYG
TYG Risk / Return Rank: 7272
Overall Rank
TYG Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
TYG Sortino Ratio Rank: 7373
Sortino Ratio Rank
TYG Omega Ratio Rank: 7474
Omega Ratio Rank
TYG Calmar Ratio Rank: 6969
Calmar Ratio Rank
TYG Martin Ratio Rank: 7070
Martin Ratio Rank

MLPX
MLPX Risk / Return Rank: 6262
Overall Rank
MLPX Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
MLPX Sortino Ratio Rank: 6262
Sortino Ratio Rank
MLPX Omega Ratio Rank: 6767
Omega Ratio Rank
MLPX Calmar Ratio Rank: 6161
Calmar Ratio Rank
MLPX Martin Ratio Rank: 5050
Martin Ratio Rank
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. MLPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tortoise Energy Infrastructure Closed Fund (TYG) and Global X MLP & Energy Infrastructure ETF (MLPX). 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.


TYGMLPXDifference

Sharpe ratio

Return per unit of total volatility

1.33

1.15

+0.18

Sortino ratio

Return per unit of downside risk

1.78

1.51

+0.28

Omega ratio

Gain probability vs. loss probability

1.28

1.23

+0.04

Calmar ratio

Return relative to maximum drawdown

1.56

1.44

+0.11

Martin ratio

Return relative to average drawdown

6.61

4.48

+2.13

TYG vs. MLPX - Sharpe Ratio Comparison

The current TYG Sharpe Ratio is 1.33, which is comparable to the MLPX Sharpe Ratio of 1.15. The chart below compares the historical Sharpe Ratios of TYG and MLPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


TYGMLPXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.33

1.15

+0.18

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.09

1.24

-0.15

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.05

0.55

-0.50

Sharpe Ratio (All Time)

Calculated using the full available price history

0.11

0.36

-0.25

Correlation

The correlation between TYG and MLPX 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.


Dividends

TYG vs. MLPX - Dividend Comparison

TYG's dividend yield for the trailing twelve months is around 9.89%, more than MLPX's 4.06% yield.


TTM20252024202320222021202020192018201720162015
TYG
Tortoise Energy Infrastructure Closed Fund
9.89%11.25%7.96%9.87%8.94%5.27%10.85%14.61%13.17%9.01%8.54%13.95%
MLPX
Global X MLP & Energy Infrastructure ETF
4.06%4.88%4.30%5.22%5.23%5.98%8.32%5.78%5.77%4.36%5.50%4.81%

Drawdowns

TYG vs. MLPX - Drawdown Comparison

The maximum TYG drawdown since its inception was -95.34%, which is greater than MLPX's maximum drawdown of -70.67%. Use the drawdown chart below to compare losses from any high point for TYG and MLPX.


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Drawdown Indicators


TYGMLPXDifference

Max Drawdown

Largest peak-to-trough decline

-95.34%

-70.67%

-24.67%

Max Drawdown (1Y)

Largest decline over 1 year

-18.76%

-14.92%

-3.84%

Max Drawdown (5Y)

Largest decline over 5 years

-25.08%

-19.72%

-5.36%

Max Drawdown (10Y)

Largest decline over 10 years

-94.98%

-64.70%

-30.28%

Current Drawdown

Current decline from peak

-28.36%

-2.01%

-26.35%

Average Drawdown

Average peak-to-trough decline

-29.40%

-16.81%

-12.59%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.42%

4.81%

-0.39%

Volatility

TYG vs. MLPX - Volatility Comparison

Tortoise Energy Infrastructure Closed Fund (TYG) has a higher volatility of 7.81% compared to Global X MLP & Energy Infrastructure ETF (MLPX) at 3.63%. This indicates that TYG's price experiences larger fluctuations and is considered to be riskier than MLPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


TYGMLPXDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.81%

3.63%

+4.18%

Volatility (6M)

Calculated over the trailing 6-month period

13.83%

10.35%

+3.48%

Volatility (1Y)

Calculated over the trailing 1-year period

22.42%

18.88%

+3.54%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.76%

20.00%

+3.76%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

51.23%

26.59%

+24.64%