WEEI vs. TNGY

Last updated Apr 2, 2026

Compare and contrast key facts about Westwood Salient Enhanced Energy Income ETF (WEEI) and Tortoise Energy Fund (TNGY).

WEEI and TNGY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WEEI is an actively managed fund by Westwood. It was launched on Apr 30, 2024. TNGY is an actively managed fund by Tortoise Capital. It was launched on Jun 16, 2025.

Performance

WEEI vs. TNGY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Westwood Salient Enhanced Energy Income ETF (WEEI) and Tortoise Energy Fund (TNGY). The values are adjusted to include any dividend payments, if applicable.

WEEI vs. TNGY - Yearly Performance Comparison

	2026 (YTD)	2025
WEEI Westwood Salient Enhanced Energy Income ETF	16.39%	7.78%
TNGY Tortoise Energy Fund	14.20%	1.81%

Returns By Period

In the year-to-date period, WEEI achieves a 16.39% return, which is significantly higher than TNGY's 14.20% return.

WEEI

• 1D: -2.34%
• 1M: 1.98%
• YTD: 16.39%
• 6M: 20.27%
• 1Y: 18.40%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TNGY

• 1D: -2.11%
• 1M: -0.64%
• YTD: 14.20%
• 6M: 13.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WEEI vs. TNGY - Expense Ratio Comparison

Both WEEI and TNGY have an expense ratio of 0.85%.

WEEI

Westwood Salient Enhanced Energy Income ETF

TNGY

Tortoise Energy Fund

Return for Risk

WEEI vs. TNGY — Risk / Return Rank

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

WEEI

WEEI Risk / Return Rank: 42
WEEI Sharpe Ratio Rank: 47
WEEI Sortino Ratio Rank: 41
WEEI Omega Ratio Rank: 53
WEEI Calmar Ratio Rank: 37
WEEI Martin Ratio Rank: 33

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.

WEEI vs. TNGY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Westwood Salient Enhanced Energy Income ETF (WEEI) and Tortoise Energy Fund (TNGY). 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.

	WEEI	TNGY	Difference
Sharpe ratio Return per unit of total volatility	0.90	—	—
Sortino ratio Return per unit of downside risk	1.21	—	—
Omega ratio Gain probability vs. loss probability	1.21	—	—
Calmar ratio Return relative to maximum drawdown	1.03	—	—
Martin ratio Return relative to average drawdown	3.12	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	WEEI	TNGY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.90	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	1.49	-0.79

Correlation

The correlation between WEEI and TNGY is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

WEEI vs. TNGY - Dividend Comparison

WEEI's dividend yield for the trailing twelve months is around 11.24%, more than TNGY's 3.44% yield.

	TTM	2025	2024
WEEI Westwood Salient Enhanced Energy Income ETF	11.24%	12.59%	7.20%
TNGY Tortoise Energy Fund	3.44%	2.59%	0.00%

Drawdowns

WEEI vs. TNGY - Drawdown Comparison

The maximum WEEI drawdown since its inception was -18.78%, which is greater than TNGY's maximum drawdown of -5.30%. Use the drawdown chart below to compare losses from any high point for WEEI and TNGY.

Drawdown Indicators

	WEEI	TNGY	Difference
Max Drawdown Largest peak-to-trough decline	-18.78%	-5.30%	-13.48%
Max Drawdown (1Y) Largest decline over 1 year	-18.36%	—	—
Current Drawdown Current decline from peak	-3.31%	-4.76%	+1.45%
Average Drawdown Average peak-to-trough decline	-4.20%	-1.58%	-2.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.09%	—	—

Volatility

Volatility by Period

	WEEI	TNGY	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.17%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.11%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.43%	14.17%	+6.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.24%	14.17%	+4.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.24%	14.17%	+4.07%