TMLP vs VYM
TMLP vs VYM
Tortoise MLP ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | TMLP | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 0.04% | |
| AUM | $43M | $79.0B | |
| Dividend Yield | 3.92% | 2.86% | |
| Holdings | 25 | 568 | |
| YTD Return | +20.35% | +15.80% | |
| 1Y Return | - | +26.12% | |
| 3Y Return (annualized) | - | +18.25% | |
| 5Y Return (annualized) | - | +12.51% | |
| Volatility (annualized) | - | 14.6% | |
| Max Drawdown | -8.6% | -58.8% | |
| Fund Family | Tortoise Capital | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Dec 23, 2025 | Nov 10, 2006 |
TMLP vs VYM Performance
Tortoise MLP ETF (TMLP) is a ETF from Tortoise Capital and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Year to date, TMLP is up 20.35% versus a gain of 15.80% for VYM.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -8.6% for TMLP and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
TMLP charges 0.50% per year while VYM charges 0.04%. On a $10,000 position that is $50 vs $4 annually, a gap of $46 per year that compounds over a long holding period. On income, TMLP currently yields 3.92% against 2.86% for VYM.
Holdings Overlap
TMLP and VYM share 6 holdings out of 574 unique holdings combined, representing a 1.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in TMLP | Weight in VYM | Difference |
|---|---|---|---|
| WMB | 5.62% | 0.40% | 5.22% |
| TRGP | 5.36% | 0.22% | 5.14% |
| OKE | 3.39% | 0.23% | 3.16% |
| DTM | Pro | Pro | Pro |
| AM | Pro | Pro | Pro |
| KMI | Pro | Pro | Pro |
See all 6 holdings TMLP shares with VYM Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, TMLP or VYM?
TMLP has an expense ratio of 0.50% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $46 per year of difference.
What is the holdings overlap between TMLP and VYM?
TMLP and VYM share 6 common holdings with a 1.2% weight overlap. Combined, they hold 574 unique securities.
Which pays a higher dividend, TMLP or VYM?
TMLP yields 3.92% while VYM yields 2.86%, so TMLP currently pays the higher dividend yield.
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