Tortoise Electrification Infrastructure ETF
$20.93+0.11 (+0.54%)
- 0.85%
- $116M
- +2.2%
- 3.91%
- 0M sh
- $20.88
- low $19.68high $23.03
The ETF.net TPZ Grade
D
Score 28 out of 100
- 30 of 34
Score 28 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F14 out of 100Rank 29 of 34Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C46 out of 100Rank 22 of 34Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D30 out of 100Rank 24 of 34Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D37 out of 100Rank 23 of 32Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D39 out of 100Rank 24 of 34
Our read on TPZ
DMost infrastructure funds buy the whole board: airports, toll roads, pipelines. TPZ narrows to power and energy infrastructure with a stated emphasis on stable, defensive names. A specialist in a cohort of generalists.
The Fund seeks exposure primarily to power and energy infrastructure companies, with an emphasis on stable and defensive investments.
Why people hold it
- Most of this cohort buys infrastructure wholesale. IGF, GII and TOLZ sweep in transport, utilities and the rest. TPZ stays on the power and energy side.
- The defensive tilt sits in the mandate itself, which calls for an emphasis on stable and defensive investments, not just in the marketing.
- A late-2024 launch built around electrification infrastructure from the start, rather than a broad infrastructure index with some power names in it.
Worth knowing
- At 0.85%, it runs above the 0.55% cohort median and well above index rivals like IFRA (0.30%) and IGF (0.37%). The narrow lens carries a price.
- It is a small fund and thinly traded, so the bid-ask spread can cost more than the fee for anyone moving in and out on short notice.
- Distributions arrive on an irregular schedule, and the end-2024 launch leaves a short record to judge it by.
TPZ Holdings
- Stocks
- 37
- 58%
- TRGP
Sectors
- Energy57.8%
- Utilities33.9%
- Industrials6.7%
- Financials1.1%
- Technology0.5%
Geography
- United States94.26%
- Canada5.02%
- Germany0.71%
TPZ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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TPZ$10,225
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | TPZ |
|---|---|
| Year to date | +5.1% |
| 1 month | −2.2% |
| 3 months | −4.6% |
| 1 year | +2.2% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | TPZ |
|---|---|---|
| 2026 YTD | +5.1% | |
| 2025 | +5.7% | |
| 2024 | +0.5% |
TPZ in the news
TPZ Dividends
- 3.91%
- $0.81
- $0.20 per share
- Quarterly
Distribution history
TPZ Risk
- 14.0%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.02
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −17.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.45
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
TPZ Cost
0.85%
TPZ0.85%
- The middle half of Infrastructure funds
- Median 0.55%
27 of the 33 Infrastructure funds charge less.
Other funds in Infrastructure
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- DNBETNeuberger Berman Energy Transition & Infrastructure ETFExpense ratio 2.10%1 year return +33.6%
- DNFRXHarrison Street Infrastructure Active ETFExpense ratio 0.85%1 year return —
- DOBORKraneShares MSCI One Belt One Road Index ETFExpense ratio 0.79%1 year return +6.6%
- FWUGIAXS Esoterica NextG Economy ETFExpense ratio 1.46%1 year return +23.6%