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TPYP - ETF AI Analysis
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Tortoise North American Pipeline Fund (TPYP)
Rating:69Neutral
Price Target:
$38.00
Positive Factors
Strong Top Holdings
Several key positions, such as Williams Co and Atmos Energy, have delivered strong year-to-date performance, supporting the ETF’s overall returns.
Sector Focus on Energy
The ETF’s heavy exposure to the energy sector benefits from stable demand and growth in pipeline infrastructure.
Reasonable Expense Ratio
The fund’s expense ratio is relatively low, making it cost-effective for long-term investors.
Negative Factors
Underperforming Holdings
Some holdings, like Oneok and Enterprise Products Partners, have struggled with negative year-to-date performance, which could drag on overall returns.
High Sector Concentration
With over 80% of assets in the energy sector, the ETF is highly exposed to risks specific to this industry.
Limited Geographic Diversification
The fund is heavily concentrated in North America, with minimal exposure to other global markets, reducing diversification.
TPYP vs. SPDR S&P 500 ETF (SPY)
AUM685.97M
RegionNorth America
Expense Ratio0.40%
Beta0.49
IssuerTortoise
Inception DateJun 30, 2015
Dividend Yield4.07%
Asset ClassEquity
Index TrackedTortoise North American Pipeline Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume53,234
30 Day Avg. Volume41,431
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
40.05Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering45
TPYP Summary
The Tortoise North American Pipeline Fund (TPYP) is an ETF that focuses on companies involved in North America's energy infrastructure, such as pipelines for oil and natural gas. It tracks the Tortoise North American Pipeline Index and includes well-known companies like Kinder Morgan and Williams Co. This ETF offers a way to invest in the energy sector, which can provide stability and potential growth as energy demands increase. However, new investors should know that this fund is heavily tied to the energy market, so its performance can fluctuate with changes in oil and gas prices.
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
The Tortoise North American Pipeline Fund (TPYP) leans heavily into the energy sector, with a focus on North American pipeline companies. Williams Co and Atmos Energy are rising stars, buoyed by strong earnings and steady growth, helping to drive the fund’s performance. However, names like Oneok and Cheniere Energy are dragging their feet, with bearish momentum and mixed technical indicators. The fund’s concentration in midstream energy players like Kinder Morgan and Enbridge highlights its commitment to stable, income-generating infrastructure, though high leverage and regulatory risks could weigh on future returns.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Williams Co | 7.48% | $51.43M | $69.58B | 11.09% | 66 Neutral | |
| Enbridge | 7.41% | $50.98M | $101.88B | 16.56% | 70 Outperform | |
| TC Energy | 7.41% | $50.93M | C$73.07B | 9.81% | 76 Outperform | |
| Kinder Morgan | 7.28% | $50.05M | $57.62B | 5.89% | 68 Neutral | |
| Cheniere Energy | 6.80% | $46.75M | $46.40B | 18.34% | 68 Neutral | |
| Oneok | 6.45% | $44.36M | $42.32B | -30.12% | 74 Outperform | |
| Atmos Energy | 4.37% | $30.07M | $27.56B | 24.24% | 79 Outperform | |
| Nisource | 4.36% | $30.01M | $19.99B | 23.51% | 67 Neutral | |
| Enterprise Products Partners | 4.00% | $27.52M | $67.38B | 7.28% | 74 Outperform | |
| Pembina Pipeline | 3.99% | $27.43M | $21.83B | -8.99% | 65 Neutral |
TPYP Technical Analysis
Negative
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Price Trends
35.43
Negative
35.13
Negative
34.83
Negative
Market Momentum
-0.30
Positive
34.09
Neutral
10.99
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For TPYP, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 35.26, equal to the 50-day MA of 35.43, and equal to the 200-day MA of 34.83, indicating a bearish trend. The MACD of -0.30 indicates Positive momentum. The RSI at 34.09 is Neutral, neither overbought nor oversold. The STOCH value of 10.99 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TPYP.
TPYP Peer Comparison
Comparison Results
Performance Comparison
TPYP
Tortoise North American Pipeline Fund
34.20
2.96
9.48%
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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FCG
First Trust Natural Gas ETF
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ENFR
Alerian Energy Infrastructure ETF
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FXN
First Trust Energy AlphaDEX Fund
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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.
Disclaimer
This 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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