TPYP vs VYM
Tortoise North American Pipeline ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. TPYP delivered stronger 1-year returns. VYM offers more diversification with 616 holdings.
Side-by-Side Comparison
| Metric | TPYP | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.40% | 0.04% | |
| AUM | $871M | $81.6B | |
| Dividend Yield | 3.20% | 2.24% | |
| Holdings | 45 | 616 | |
| YTD Return | +0.92% | +16.42% | |
| 1Y Return | +27.54% | +24.22% | |
| 3Y Return (annualized) | +15.81% | +19.03% | |
| 5Y Return (annualized) | +21.69% | +12.21% | |
| Volatility (annualized) | 21.8% | 14.6% | |
| Max Drawdown | -52.0% | -58.8% | |
| Fund Family | TortoiseEcofin Funds | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jun 29, 2015 | Nov 10, 2006 |
TPYP vs VYM Performance
Tortoise North American Pipeline ETF (TPYP) is a ETF from TortoiseEcofin Funds and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year TPYP returned +27.54% while VYM returned +24.22%. Year to date, TPYP is up 0.92% versus a gain of 16.42% for VYM.
Over three years, TPYP compounded at +15.81% per year against +19.03% for VYM; over five years the annualized figures are +21.69% and +12.21% respectively. Across the full 10-year window we track, TPYP has the edge at +8.22% annualized vs +7.10%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TPYP has been the more volatile fund, with annualized monthly volatility of 21.8% compared with 14.6% for VYM. 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 -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
TPYP charges 0.40% per year while VYM charges 0.04%. On a $10,000 position that is $40 vs $4 annually, a gap of $36 per year that compounds over a long holding period. On income, TPYP currently yields 3.20% against 2.24% for VYM.
Holdings Overlap
TPYP and VYM share 16 holdings out of 631 unique holdings combined, representing a 1.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, TPYP or VYM?
TPYP has an expense ratio of 0.40% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $36 per year of difference.
Which performed better, TPYP or VYM?
Over the past year TPYP returned +27.54% vs +24.22% for VYM, so TPYP leads on 1-year performance. Over the longest common window we track (10 years), TPYP annualized +8.22% vs +7.10% for VYM. Past performance does not guarantee future results.
Which is riskier, TPYP or VYM?
TPYP has been the more volatile fund at 21.8% annualized versus 14.6% for VYM. Worst drawdown: TPYP -52.0% vs VYM -58.8%.
Should I hold both TPYP and VYM?
TPYP and VYM have a monthly-return correlation of 0.79, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between TPYP and VYM?
TPYP and VYM share 16 common holdings with a 1.6% weight overlap. Combined, they hold 631 unique securities.
Which pays a higher dividend, TPYP or VYM?
TPYP yields 3.20% while VYM yields 2.24%, so TPYP currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.