TPYP: Tortoise North American Pipeline Fund ETF
About
TPYP was created on 2015-06-30 by Tortoise. The fund's investment portfolio concentrates primarily on energy equity. The ETF currently has 618.19m in AUM and 45 holdings. TPYP tracks an index of North American pipeline entities organized as MLPs", MLP affiliates", LLCs", and corporations.
Current Value
$36.761 Year Return
Current Value
$36.761 Year Return
Key Details
Assets Under Management
$680.38M
Div Yield %
3.53%
P/E Ratio
18.13
Net Asset Value
$36.68
Expense Ratio
0.40%
1Y ETF Return
0.48%
Strategies that include TPYP
Stock's related to TPYP
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| KMI | 84.09% | $63.41B | +65.07% | 3.99% |
| WMB | 82.37% | $72.82B | +64.89% | 3.11% |
| OKE | 81.28% | $68.20B | +75.14% | 3.37% |
| EPD | 73.32% | $70.12B | +21.16% | 6.40% |
| ENB | 72.34% | $94.72B | +28.18% | 6.12% |
| ET | 72.28% | $64.95B | +38.06% | 6.67% |
| AM | 71.30% | $7.60B | +20.46% | 5.69% |
| DTM | 71.03% | $10.53B | +91.27% | 2.67% |
| TRGP | 70.97% | $45.29B | +138.12% | 1.32% |
| PAGP | 70.75% | $3.79B | +21.07% | 0.00% |
| PAA | 70.50% | $12.54B | +14.45% | 7.13% |
| KNTK | 67.35% | $3.71B | +73.04% | 4.86% |
| MPLX | 65.70% | $49.18B | +34.91% | 7.24% |
| CTRA | 65.05% | $20.21B | +2.89% | 3.06% |
| TRP | 64.14% | $52.13B | +48.60% | 5.61% |
| MGY | 62.94% | $5.55B | +31.85% | 1.84% |
| NFG | 62.64% | $5.80B | +24.26% | 3.17% |
| AROC | 62.39% | $4.51B | +79.00% | 2.57% |
| EMO | 62.10% | - | - | 7.42% |
| HESM | 61.53% | $3.83B | +15.24% | 7.18% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| PANW | -0.15% | $130.15B | +51.14% | 0.00% |
| BACK | -0.28% | $1.93M | -32.12% | 0.00% |
| PRPH | 0.38% | $18.55M | -82.54% | 0.00% |
| MNOV | 0.52% | $98.09M | +5.26% | 0.00% |
| BNED | 0.54% | $270.40M | -91.94% | 0.00% |
| MDB | 0.57% | $23.30B | -22.13% | 0.00% |
| SYRS | -0.62% | $6.98M | -90.37% | 0.00% |
| LUMO | 0.68% | $37.45M | +40.58% | 0.00% |
| NTZ | 0.72% | $47.64M | -30.80% | 0.00% |
| MANU | -0.73% | $2.96B | -8.54% | 0.00% |
| NVDA | -0.76% | $3.60T | +201.07% | 0.07% |
| UFI | 0.84% | $104.49M | -11.86% | 0.00% |
| CFLT | -0.85% | $10.04B | +59.51% | 0.00% |
| DDOG | -0.97% | $48.87B | +28.30% | 0.00% |
| QTTB | 1.02% | $329.37M | +172.64% | 0.00% |
| FDMT | 1.14% | $369.36M | -34.02% | 0.00% |
| BEST | 1.21% | $31.47M | +5.74% | 0.00% |
| GAN | 1.57% | $82.94M | +20.53% | 0.00% |
| TNDM | -1.66% | $2.02B | +61.45% | 0.00% |
| STG | -1.70% | $35.47M | +5.43% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| BTCT | -8.71% | $58.86M | +395.83% | 0.00% |
| ALAR | -8.63% | $91.57M | +144.30% | 0.00% |
| MCK | -8.52% | $79.75B | +37.34% | 0.41% |
| URGN | -8.32% | $487.40M | -7.82% | 0.00% |
| OXBR | -7.41% | $19.24M | +183.49% | 0.00% |
| NARI | -6.37% | $2.91B | -15.78% | 0.00% |
| CBOE | -6.24% | $22.09B | +17.17% | 1.08% |
| ADBE | -5.61% | $222.05B | -18.60% | 0.00% |
| QXO | -5.48% | $6.81B | -33.42% | 0.00% |
| VRCA | -5.39% | $45.14M | -72.88% | 0.00% |
| LQDA | -4.98% | $859.06M | +51.04% | 0.00% |
| CAMT | -4.73% | $3.43B | +18.52% | 0.00% |
| NLOP | -4.57% | $459.67M | +97.90% | 0.00% |
| LTM | -3.69% | $8.37B | -100.00% | <0.01% |
| RELY | -3.57% | $4.10B | -4.52% | 0.00% |
| LPTH | -3.17% | $59.50M | +22.95% | 0.00% |
| AMED | -2.94% | $2.95B | -3.97% | 0.00% |
| TEM | -2.61% | $8.26B | 0.00% | 0.00% |
| LITB | -2.53% | $37.87M | -73.39% | 0.00% |
| KRRO | -2.40% | $474.22M | +33.63% | 0.00% |
ETF's related to TPYP
News
SeekingAlpha
Six constituents in the broad Alerian Midstream Energy Index spent a combined $650 million on equity repurchases in 3Q24. Click to read.
SeekingAlpha
The portfolio appreciated 8.1% in the 3rd quarter of 2024, bringing the year-to-date 2024 return to +14.3%. Click to read.
SeekingAlpha
Dividend growth has been a key tailwind for midstream in recent years, enhancing already generous payouts. Those tailwinds continued in Q3 2024 and are expected to extend to 2025 and beyond.
SeekingAlpha
Some midstream names have increased growth capital spending projections. Projects underpinned by long-term contracts giving visibility to years of cash flow shouldn't be scary to investors.
SeekingAlpha
The outcome of the election is not expected to have a material impact on midstream or the broader energy space. The status quo is likely to persist. Click to read.
SeekingAlpha
Among energy-related equities, energy infrastructure has been a bright spot in terms of performance, with broader midstream providing year-to-date returns above the S&P 500. Read more here.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.