AMLP vs TNGY
Alerian MLP ETF vs Tortoise Energy Fund ETF
Which is better, AMLP or TNGY?
TNGY has been ahead.
TNGY led over 1Y and the full window. TNGY is less concentrated, with 63.1% of the fund in its ten largest positions against 91.2%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AMLP | TNGY |
|---|---|---|
| Expense Ratio | 0.85%Tie | 0.85%Tie |
| AUM | $12.7B | $594M |
| Dividend Yield | 7.83% | 4.42% |
| Holdings | 15 | 61 |
| YTD Return | +15.97% | +30.51%Best |
| 1Y Return | +22.53% | +31.73%Best |
| 3Y Return (annualized) | +15.61% | - |
| 5Y Return (annualized) | +16.26% | - |
| Volatility (annualized) | 13.1%Best | 15.5% |
| Max Drawdown | -8.9%Best | -9.8% |
| $10,000 over 1.3 years | $11,702 | $13,116Best |
| Top 10 Weight | 91.2% | 63.1%Best |
| Fund Family | ALPS Advisors | Tortoise Capital |
| Category | Equity | Equity |
| Style | Mid Cap Value | Mid Cap Value |
| Inception | Aug 25, 2010 | Jun 16, 2025 |
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Jun 16, 2025 to Oct 15, 2026 (1.3 years).
AMLP vs TNGY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.3 years both funds cover.
AMLP vs TNGY Performance
Alerian MLP ETF (AMLP) is an ETF from ALPS Advisors and Tortoise Energy Fund ETF (TNGY) is an ETF from Tortoise Capital. Over the past year AMLP returned +22.53% while TNGY returned +31.73%. Year to date, AMLP is up 15.97% versus a gain of 30.51% for TNGY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TNGY has been the more volatile fund, with annualized monthly volatility of 15.5% compared with 13.1% for AMLP. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -8.9% for AMLP and -9.8% for TNGY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AMLP charges 0.85% per year while TNGY charges 0.85%. On a $10,000 position that is $85 vs $85 annually. On income, AMLP currently yields 7.83% against 4.42% for TNGY.
Holdings Overlap
24.5% of AMLP's money is in holdings TNGY also owns. 8.6% of TNGY's money is in holdings AMLP also owns.
AMLP and TNGY share little of their money.
3 positions in common, counted across the 20 positions we hold weights for in AMLP and 27 in TNGY, against full books of 15 and 61.
What only one of them owns
Our book lists 23 positions for TNGY that do not appear in our book for AMLP (91.1% of the fund), and 12 for AMLP that do not appear in TNGY (75.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
24.5% of AMLP is already inside TNGY.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AMLP or TNGY?
AMLP has an expense ratio of 0.85% while TNGY charges 0.85%. At the precision these are quoted to, they cost the same.
Which performed better, AMLP or TNGY?
Over the past year AMLP returned +22.53% vs +31.73% for TNGY, so TNGY leads on 1-year performance. Over the longest common window we track (1 years), AMLP annualized +12.85% vs +23.20% for TNGY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AMLP or TNGY?
TNGY has been the more volatile fund at 15.5% annualized versus 13.1% for AMLP. Worst drawdown: AMLP -8.9% vs TNGY -9.8%.
Should I hold both AMLP and TNGY?
AMLP and TNGY have a monthly-return correlation of 0.78, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between AMLP and TNGY?
24.5% of AMLP's money is in holdings TNGY also owns. 8.6% of TNGY's is in holdings AMLP also owns. They hold 3 positions in common, counted across the 20 positions we hold weights for in AMLP and 27 in TNGY.
Which pays a higher dividend, AMLP or TNGY?
AMLP yields 7.83% while TNGY yields 4.42%, so AMLP currently pays the higher dividend yield.
Is TNGY better than AMLP?
TNGY led over 1Y and the full window. TNGY is less concentrated, with 63.1% of the fund in its ten largest positions against 91.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.