TPYP - ETF AI Analysis
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Tortoise North American Pipeline Fund (TPYP)
Rating:70Outperform
Price Target:―
Positive Factors
Solid Recent Performance
The ETF has delivered steady gains so far this year and in recent months, showing positive momentum in its pipeline-focused strategy.
Strong Top Holdings Mix
Several of the largest positions, such as Cheniere Energy, Energy Transfer, and Nisource, have shown strong year-to-date performance, helping support the fund’s overall returns.
Targeted North American Exposure
The fund focuses on U.S. and Canadian pipeline companies, giving investors concentrated access to a key part of the North American energy infrastructure market.
Negative Factors
High Sector Concentration in Energy
With the vast majority of assets in the energy sector, the ETF is heavily exposed to swings in energy prices and industry-specific risks.
Meaningful Weight in Lagging Holdings
Some major positions like TC Energy and Enbridge have shown weak year-to-date performance, which can drag on the fund if this trend continues.
Moderate Expense Ratio
The fund’s expense ratio is not especially low, so fees may take a noticeable bite out of returns compared with the cheapest ETFs on the market.
TPYP vs. SPDR S&P 500 ETF (SPY)
AUM887.34M
RegionNorth America
Expense Ratio0.40%
Beta0.41
IssuerTortoise
Inception DateJun 30, 2015
Dividend Yield3.26%
Asset ClassEquity
Index TrackedTortoise North American Pipeline Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume257,113
30 Day Avg. Volume95,138
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
43.69Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering45
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
TPYP Summary
TPYP is an ETF that follows the Tortoise North American Pipeline Index, focusing on companies that own and operate oil and natural gas pipelines and related energy infrastructure in the U.S. and Canada. It holds well-known names like Kinder Morgan and Enbridge, giving investors a simple way to invest in the “toll roads” of the energy world, which can offer income and potential long-term growth as energy continues to be used and transported. However, this fund is heavily tied to the energy sector, so its value can rise or fall with energy prices and industry conditions.
How much will it cost me?The Tortoise North American Pipeline Fund (TPYP) has an expense ratio of 0.40%, meaning you’ll pay $4 per year for every $1,000 invested. This is slightly higher than average for ETFs because it is a specialized fund focusing on energy infrastructure, which requires more active management compared to broad index funds. It’s a reasonable cost for targeted exposure to the midstream energy sector.
What would affect this ETF?TPYP could benefit from rising energy demand and infrastructure investments in North America, as well as favorable regulatory policies supporting pipeline development. However, it may face challenges from fluctuating oil and gas prices, stricter environmental regulations, or reduced energy consumption trends. Its focus on major pipeline companies and MLPs provides stability but exposes it to sector-specific risks.
TPYP Top 10 Holdings
TPYP is very much a North American pipeline story, with performance driven by a tight cluster of big midstream names. Cheniere Energy has been the star of the show lately, rising on strong demand for LNG exports, while Oneok and Targa Resources are also pulling their weight with solid, growth-focused momentum. Kinder Morgan and Williams look steadier, adding income but not much spark, and Enbridge and TC Energy have been more mixed as debt and valuation worries linger. With holdings concentrated in U.S. and Canadian energy infrastructure, the fund lives and dies by the midstream sector’s fortunes.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Kinder Morgan | 7.46% | $66.38M | $73.15B | 13.69% | 68 Neutral | |
| Cheniere Energy | 7.45% | $66.30M | $57.98B | 17.57% | 71 Outperform | |
| Enbridge | 7.36% | $65.47M | $117.06B | 18.85% | 69 Neutral | |
| TC Energy | 7.31% | $64.99M | C$89.99B | 27.71% | 70 Outperform | |
| Williams Co | 7.21% | $64.16M | $87.74B | 16.61% | 76 Outperform | |
| Oneok | 6.99% | $62.19M | $55.02B | -12.96% | 82 Outperform | |
| Targa Resources | 4.09% | $36.41M | $52.62B | 18.99% | 74 Outperform | |
| Enterprise Products Partners | 4.06% | $36.12M | $80.91B | 9.93% | 73 Outperform | |
| Energy Transfer | 4.01% | $35.63M | $65.43B | 0.48% | 70 Outperform | |
| Pembina Pipeline | 3.97% | $35.26M | $25.42B | 7.02% | 70 Outperform |
TPYP Technical Analysis
Neutral
―
Price Trends
40.26
Positive
37.59
Positive
36.05
Positive
Market Momentum
0.64
Positive
53.15
Neutral
33.30
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For TPYP, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 42.11, equal to the 50-day MA of 40.26, and equal to the 200-day MA of 36.05, indicating a neutral trend. The MACD of 0.64 indicates Positive momentum. The RSI at 53.15 is Neutral, neither overbought nor oversold. The STOCH value of 33.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TPYP.
TPYP Peer Comparison
Comparison Results
Performance Comparison
TPYP
Tortoise North American Pipeline Fund
41.88
7.45
21.64%
FCG
First Trust Natural Gas ETF
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IEO
iShares U.S. Oil & Gas Exploration & Production ETF
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RSPG
Invesco S&P 500 Equal Weight Energy ETF
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XES
SPDR S&P Oil & Gas Equipment & Services ETF
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ENFR
Alerian Energy Infrastructure ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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