EMO vs TNGY
ClearBridge Energy Midstream Opportunity Fund Inc. vs Tortoise Energy Fund ETF
Which is better, EMO or TNGY?
TNGY has been ahead.
TNGY has a lower expense ratio. TNGY led over 1Y and the full window. TNGY is less concentrated, with 63.1% of the fund in its ten largest positions against 72.4%.
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 | EMO | TNGY |
|---|---|---|
| Expense Ratio | 3.37% | 0.85%Best |
| AUM | $1.2B | $594M |
| Dividend Yield | 7.97% | 4.42% |
| Holdings | 23 | 61 |
| YTD Return | +17.67% | +30.51%Best |
| 1Y Return | +26.01% | +31.73%Best |
| 3Y Return (annualized) | +25.41% | - |
| 5Y Return (annualized) | +24.41% | - |
| Volatility (annualized) | 18.2% | 15.5%Best |
| Max Drawdown | -16.0% | -9.8%Best |
| $10,000 over 1.3 years | $11,940 | $13,116Best |
| Top 10 Weight | 72.4% | 63.1%Best |
| Fund Family | Franklin Templeton Investments (US) | Tortoise Capital |
| Category | Equity | Equity |
| Style | Mid Cap Value | Mid Cap Value |
| Inception | Jun 13, 2011 | 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).
EMO 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.
EMO vs TNGY Performance
ClearBridge Energy Midstream Opportunity Fund Inc. (EMO) is an ETF from Franklin Templeton Investments (US) and Tortoise Energy Fund ETF (TNGY) is an ETF from Tortoise Capital. Over the past year EMO returned +26.01% while TNGY returned +31.73%. Year to date, EMO is up 17.67% versus a gain of 30.51% for TNGY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EMO has been the more volatile fund, with annualized monthly volatility of 18.2% compared with 15.5% for TNGY. 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 -16.0% for EMO 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 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EMO charges 3.37% per year while TNGY charges 0.85%. On a $10,000 position that is $337 vs $85 annually, a gap of $252 per year that compounds over a long holding period. On income, EMO currently yields 7.97% against 4.42% for TNGY.
Holdings Overlap
48.0% of EMO's money is in holdings TNGY also owns. 21.4% of TNGY's money is in holdings EMO also owns.
The two portfolios partly overlap.
6 positions in common, counted across the 22 positions we hold weights for in EMO and 27 in TNGY, against full books of 23 and 61.
What only one of them owns
Our book lists 20 positions for TNGY that do not appear in our book for EMO (78.3% of the fund), and 13 for EMO that do not appear in TNGY (43.8%).
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.
48.0% of EMO 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, EMO or TNGY?
EMO has an expense ratio of 3.37% while TNGY charges 0.85%. TNGY is the cheaper option, by $252 a year on a $10,000 investment.
Which performed better, EMO or TNGY?
Over the past year EMO returned +26.01% vs +31.73% for TNGY, so TNGY leads on 1-year performance. Over the longest common window we track (1 years), EMO annualized +14.61% vs +23.20% for TNGY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EMO or TNGY?
EMO has been the more volatile fund at 18.2% annualized versus 15.5% for TNGY. Worst drawdown: EMO -16.0% vs TNGY -9.8%.
Should I hold both EMO and TNGY?
EMO and TNGY have a monthly-return correlation of 0.71, 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 EMO and TNGY?
48.0% of EMO's money is in holdings TNGY also owns. 21.4% of TNGY's is in holdings EMO also owns. They hold 6 positions in common, counted across the 22 positions we hold weights for in EMO and 27 in TNGY.
Which pays a higher dividend, EMO or TNGY?
EMO yields 7.97% while TNGY yields 4.42%, so EMO currently pays the higher dividend yield.
Is TNGY better than EMO?
TNGY has a lower expense ratio. TNGY led over 1Y and the full window. TNGY is less concentrated, with 63.1% of the fund in its ten largest positions against 72.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.