TPYP vs VTI
Tortoise North American Pipeline ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, TPYP or VTI?
Mid Cap Value against Large Cap Blend.
VTI has a lower expense ratio. TPYP led over 1Y, VTI over the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | TPYP | VTI |
|---|---|---|
| Expense Ratio | 0.40% | 0.03%Best |
| AUM | $883M | $666.9B |
| Dividend Yield | 3.20% | 1.07% |
| Holdings | 45 | 3,543 |
| Volatility (annualized) | 21.8% | 16.0%Best |
| Max Drawdown | -52.0% | -35.0%Best |
| $10,000 over 9.9 years | $21,860 | $27,751Best |
| Fund Family | TortoiseEcofin Funds | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Blend |
| Inception | Jun 29, 2015 | May 24, 2001 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 483 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. TPYP has data through May 9, 2025 and VTI through Sep 4, 2026.
Volatility and max drawdown, and the $10,000 over 9.9 years row, are measured over the window both funds cover: Jun 30, 2015 to May 9, 2025 (9.9 years).
Risk: Volatility and Drawdowns
TPYP has been the more volatile fund, with annualized monthly volatility of 21.8% compared with 16.0% for VTI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -52.0% for TPYP and -35.0% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
TPYP charges 0.40% per year while VTI charges 0.03%. On a $10,000 position that is $40 vs $3 annually, a gap of $37 per year that compounds over a long holding period. On income, TPYP currently yields 3.20% against 1.07% for VTI.
Holdings Overlap
At least 57.4% of TPYP's money is in holdings VTI also owns.
Stated as a floor: for VTI, our book for it covers 92.3% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
The two portfolios partly overlap.
The two holdings books were reported 50 days apart, TPYP as of Aug 19, 2026 and VTI as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
19 positions in common, counted across the 44 positions we hold weights for in TPYP and 2,787 in VTI, against full books of 45 and 3,543.
Top Shared Holdings
| Stock | Weight in TPYP | Weight in VTI | Difference |
|---|---|---|---|
| LNGCheniere Energy Inc. | 8.06% | 0.07% | 7.99% |
| WMBWilliams Cos. Inc. | 7.50% | 0.12% | 7.38% |
| TRGPTarga Resources Corp Preferred | 7.53% | 0.08% | 7.45% |
| KMIKinder Morgan Inc./de | 7.41% | 0.08% | 7.33% |
| OKEOneok Inc. | 7.14% | 0.08% | 7.06% |
| ATOAtmos Energy Corp | 3.99% | 0.04% | 3.95% |
| NINisource Inc. | 3.52% | 0.03% | 3.49% |
| NFGNational Fuel Gas Co | 1.72% | 0.01% | 1.71% |
| AMAntero Midstream Corporationam | 1.62% | 0.01% | 1.61% |
| DTMDT Midstream Inc | 1.52% | 0.02% | 1.50% |
57.4% of TPYP is already inside VTI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, TPYP or VTI?
TPYP has an expense ratio of 0.40% while VTI charges 0.03%. VTI is the cheaper option, by $37 a year on a $10,000 investment.
Which is riskier, TPYP or VTI?
TPYP has been the more volatile fund at 21.8% annualized versus 16.0% for VTI. Worst drawdown: TPYP -52.0% vs VTI -35.0%.
Should I hold both TPYP and VTI?
TPYP and VTI have a monthly-return correlation of 0.72, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between TPYP and VTI?
At least 57.4% of TPYP's money is in holdings VTI also owns. Our book for VTI is partial, so the real figure is this or higher. They hold 19 positions in common, counted across the 44 positions we hold weights for in TPYP and 2,787 in VTI.
Which pays a higher dividend, TPYP or VTI?
TPYP yields 3.20% while VTI yields 1.07%, so TPYP currently pays the higher dividend yield.
Is VTI better than TPYP?
VTI has a lower expense ratio. TPYP led over 1Y, VTI over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.