TPYP - ETF AI Analysis
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Tortoise North American Pipeline Fund (TPYP)
Rating:71Outperform
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered strong gains so far this year, indicating solid recent momentum in its pipeline-focused strategy.
Leading Pipeline and Energy Holdings
Many of the largest positions, including major North American pipeline and energy companies, have shown strong performance, helping drive the fund’s returns.
Focused North American Exposure
The fund concentrates on U.S. and Canadian companies, giving investors targeted exposure to the North American pipeline and energy infrastructure market.
Negative Factors
Sector Concentration in Energy
With most assets in the energy sector, the ETF is heavily exposed to swings in energy prices and industry-specific risks.
High Weight in a Small Number of Stocks
A relatively small group of holdings makes up a large share of the portfolio, increasing the impact if any of these companies run into trouble.
Moderate Expense Ratio
The fund’s expense ratio is not especially low, which means fees take a noticeable, ongoing bite out of investor returns compared with cheaper index ETFs.
TPYP vs. SPDR S&P 500 ETF (SPY)
AUM853.56M
RegionNorth America
Expense Ratio0.40%
Beta0.33
IssuerTortoise
Inception DateJun 30, 2015
Dividend Yield3.23%
Asset ClassEquity
Index TrackedTortoise North American Pipeline Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume159,182
30 Day Avg. Volume133,247
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
45.61Price 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 Enbridge and Kinder Morgan, 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 demand continues. 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 big U.S. and Canadian midstream names setting the tone. Cheniere Energy has been the star of the show lately, its strong run giving the fund a noticeable lift, while Williams, Oneok, and Enterprise Products Partners are also pulling their weight with steady to rising performance. On the softer side, Enbridge and Kinder Morgan have been losing a bit of steam in the short term, acting as mild brakes. Overall, the ETF is tightly focused on energy infrastructure, with only a small tilt toward utility-like names.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Enbridge | 7.46% | $65.91M | $116.58B | 12.46% | 69 Neutral | |
| TC Energy | 7.37% | $65.16M | C$88.28B | 23.20% | 70 Outperform | |
| Williams Co | 7.28% | $64.37M | $88.27B | 20.03% | 76 Outperform | |
| Kinder Morgan | 7.20% | $63.67M | $70.62B | 14.33% | 68 Neutral | |
| Cheniere Energy | 6.81% | $60.20M | $54.02B | 9.18% | 71 Outperform | |
| Oneok | 6.77% | $59.87M | $55.13B | -0.14% | 82 Outperform | |
| Nisource | 4.15% | $36.70M | $23.00B | 21.37% | 64 Neutral | |
| Enterprise Products Partners | 4.09% | $36.14M | $82.15B | 21.84% | 73 Outperform | |
| Targa Resources | 4.07% | $36.01M | $51.70B | 34.61% | 74 Outperform | |
| Energy Transfer | 4.07% | $36.00M | $65.64B | 10.24% | 70 Outperform |
TPYP Technical Analysis
Positive
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Price Trends
41.72
Positive
38.95
Positive
36.80
Positive
Market Momentum
0.16
Negative
69.77
Neutral
94.92
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For TPYP, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 41.69, equal to the 50-day MA of 41.72, and equal to the 200-day MA of 36.80, indicating a bullish trend. The MACD of 0.16 indicates Negative momentum. The RSI at 69.77 is Neutral, neither overbought nor oversold. The STOCH value of 94.92 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TPYP.
TPYP Peer Comparison
Comparison Results
Performance Comparison
TPYP
Tortoise North American Pipeline Fund
43.39
9.86
29.41%
FCG
First Trust Natural Gas ETF
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RSPG
Invesco S&P 500 Equal Weight Energy ETF
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IEO
iShares U.S. Oil & Gas Exploration & Production 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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