MLPI vs TPYP
NEOS MLP & Energy Infrastructure High Income ETF against Tortoise North American Pipeline ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
65%
21 shared positions
Fee gap
28 bp
TPYP is cheaper
1-year return gap
—
Larger fund
TPYP
$838M
Side by side
| MLPI | TPYP | |
|---|---|---|
| Fund | NEOS MLP & Energy Infrastructure High Income ETF | Tortoise North American Pipeline ETF |
| Issuer | NEOS | Tortoise |
| Category | Covered Call | MLPs & Midstream |
| Expense ratio | 0.68% | 0.40% |
| Assets | $676M | $838M |
| Average daily dollar volume | $20M | $1.6M |
| Listed | Dec 17, 2025 | Jun 29, 2015 |
| FrenzyCap score | 62 | 61 |
| 1-month return | −3.8% | −3.3% |
| 3-month return | −7.2% | −4.3% |
| Year to date | +3.9% | +17.6% |
| 1-year return | — | +14.6% |
| 30-day volatility | 14.1% | 13.0% |
| Worst drawdown, 1 year | −13.9% | −10.2% |
| Trailing 12-month yield | 12.76% | 3.30% |
| Holdings | 28 | 45 |
| Top 10 weight | 62.1% | 59.1% |
| Look-through P/E | 21.2 | 17.5 |
| Holdings vs fair value | +21.7% | +16.0% |
| Holdings above 200-day average | 56% | 49% |
| Net flow, latest 3 reported months | +$213M thru Jun 2026 | +$5.2M thru May 2026 |
| 30-day implied volatility | — | 30.7% |
| Holdings as of | as of Jun 30, 2026SEC filing | as of May 31, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
91% of MLPI · 69% of TPYP
Sector mix of the stock holdings
| Sector | MLPI | TPYP | Gap |
|---|---|---|---|
| Utilities | 62.9% | 68.7% | −5.8% |
| Energy | 26.6% | 17.9% | +8.6% |
| Industrials | 0.0% | 0.2% | −0.2% |
More: full overlap table · MLPI holdings · TPYP holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.