XLEI vs. TNGY

Last updated Apr 2, 2026

Compare and contrast key facts about State Street Energy Select Sector SPDR Premium Income ETF (XLEI) and Tortoise Energy Fund (TNGY).

XLEI and TNGY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XLEI is a passively managed fund by State Street that tracks the performance of the S&P Energy Select Sector. It was launched on Jul 29, 2025. TNGY is an actively managed fund by Tortoise Capital. It was launched on Jun 16, 2025.

Performance

XLEI vs. TNGY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street Energy Select Sector SPDR Premium Income ETF (XLEI) and Tortoise Energy Fund (TNGY). The values are adjusted to include any dividend payments, if applicable.

XLEI vs. TNGY - Yearly Performance Comparison

	2026 (YTD)	2025
XLEI State Street Energy Select Sector SPDR Premium Income ETF	17.92%	6.77%
TNGY Tortoise Energy Fund	14.20%	1.59%

Returns By Period

In the year-to-date period, XLEI achieves a 17.92% return, which is significantly higher than TNGY's 14.20% return.

XLEI

• 1D: -2.12%
• 1M: 4.17%
• YTD: 17.92%
• 6M: 22.25%
• 1Y: —
• 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)

XLEI vs. TNGY - Expense Ratio Comparison

XLEI has a 0.35% expense ratio, which is lower than TNGY's 0.85% expense ratio.

TNGY

Tortoise Energy Fund

XLEI

State Street Energy Select Sector SPDR Premium Income ETF

Return for Risk

XLEI vs. TNGY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street Energy Select Sector SPDR Premium Income ETF (XLEI) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	XLEI	TNGY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	3.50	1.49	+2.02

Correlation

The correlation between XLEI and TNGY is 0.66, 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

XLEI vs. TNGY - Dividend Comparison

XLEI's dividend yield for the trailing twelve months is around 13.66%, more than TNGY's 3.44% yield.

	TTM	2025
XLEI State Street Energy Select Sector SPDR Premium Income ETF	13.66%	10.17%
TNGY Tortoise Energy Fund	3.44%	2.59%

Drawdowns

XLEI vs. TNGY - Drawdown Comparison

The maximum XLEI drawdown since its inception was -5.31%, roughly equal to the maximum TNGY drawdown of -5.30%. Use the drawdown chart below to compare losses from any high point for XLEI and TNGY.

Drawdown Indicators

	XLEI	TNGY	Difference
Max Drawdown Largest peak-to-trough decline	-5.31%	-5.30%	-0.01%
Current Drawdown Current decline from peak	-3.02%	-4.76%	+1.74%
Average Drawdown Average peak-to-trough decline	-0.95%	-1.58%	+0.63%

Volatility

Volatility by Period

	XLEI	TNGY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	11.73%	14.17%	-2.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.73%	14.17%	-2.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.73%	14.17%	-2.44%