BROUGHT TO YOU BY:

ETF Portfolio Builder

New

ETF Portfolio Builder

New

MLPIvsTPYPETF Comparison

ETF 1

MLPI

NEOS MLP & Energy Infrastructure High Income ETF

This fund is part of

Options Strategies

+0.69%

Full MLPI fund page

VS

ETF 2

TPYP

Tortoise North American Pipeline Fund ETF - USD

This fund is part of

Infrastructure

+0.32%

Full TPYP fund page

NEOS MLP & Energy Infrastructure High Income ETF (MLPI) belongs to the Options Strategies segment. Tortoise North American Pipeline Fund ETF - USD (TPYP) is part of the Infrastructure segment. Both ETFs have the same top 3 sector exposures: and Energy. MLPI is more expensive with a Total Expense Ratio (TER) of 0.68%, versus 0.4% for TPYP. MLPI is up 16.74% year-to-date (YTD) with +$634M in YTD flows. TPYP performs better with 18.75% YTD performance, and +$22M in YTD flows. Run a side-by-side ETF comparison of MLPI and TPYP below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

Find out how industry players manage ETF portfolios. Discover our library of Model portfolios

MLPI vs TPYP performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 06/18/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	MLPI TPYP	-3.67%-5.28%	+2.06%-0.16%	+16.74%+18.75%	n/a+22.28%	n/a+92.87%	n/a+129.57%
Flows	MLPI TPYP	+$92M+$6M	+$273M+$9M	+$634M+$22M	-+$25M	-+$34M	--$11M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	MLPI TPYP	+14.79%+16.46%	n/a+13.29%	n/a+15.03%	n/a+17.21%
Max drawdown	MLPI TPYP	-5.41%-6.70%	n/a-6.92%	n/a-12.89%	n/a-17.85%
Max drawdown duration	MLPI TPYP	24d30d	n/a114d	n/a174d	n/a574d

Trading data

Create an account to view trading data

Join for free

	MLPI	TPYP
Last sale 6/18/2026 at 1:30 PM		$41.52
Previous close 06/18/2026		$41.45
Consolidated volume 06/18/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of May 29, 2026

1-year trailing difference

Create an account to view replication metrics

Join for free

MLPI

is actively managed and doesn’t replicate an index

Create an account to view replication quality

Join for free

	MLPI	TPYP
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 6/18/2026 at 1:30 PM

Live

Closed

	MLPI	TPYP
Last price	–	$41.52
1D performance	–	+0.16%
AuM	$659.58 M	$847.05 M
E/R	0.68%	0.4%

Characteristics

	MLPI	TPYP
Management strategy	Active	Passive
Provider	NEOS Investment Management	Tortoise Capital
Benchmark	-	Tortoise North American Pipeline Index
N° of holdings	22	41
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	December 18, 2025	June 30, 2015
ESG	No	No

More MLPI data on Trackinsight

More TPYP data on Trackinsight

Exposure

Countries

MLPI

USA

72.27%

Canada

24.31%

Other

3.42%

TPYP

USA

73.65%

Canada

25.96%

Other

0.39%

Sectors

MLPI

Energy

90.1%

Other

9.9%

TPYP

Energy

76.16%

Utilities

21.24%

Other

2.6%

Diversification

MLPI

Total weight of top 15 holdings out of 15

78.32%

TPYP

Total weight of top 15 holdings out of 15

75.02%

Top 15 holdings

Data as of April 30, 2026

MLPI

WILLIAMS

9.44%

ENBRIDGE

9.41%

TC ENERGY CORP

6.28%

KINDER MORGAN

5.65%

PEMBINA PIPELINE

5.61%

CHENIERE ENERGY

4.93%

TARGA RESOURCS

4.76%

ONEOK

4.64%

ENTERPRISE PRODUCTS PARTNERS UNT

4.37%

ENERGY TRANSFER LP UNITS

4.34%

DT MIDSTREAM INC

4.01%

NEXTDECADE CORPORATION

3.91%

MPLX COMMON UNITS

3.88%

ANTERO MIDSTREAM CORPORATION

3.62%

US1559231055

3.47%

TPYP

TC ENERGY CORP

7.37%

ENBRIDGE

7.35%

WILLIAMS

7.24%

KINDER MORGAN

7.03%

CHENIERE ENERGY

6.88%

ONEOK

6.80%

NISOURCE

4.18%

ENTERPRISE PRODUCTS PARTNERS UNT

4.12%

TARGA RESOURCS

4.09%

ENERGY TRANSFER LP UNITS

4.07%

ATMOS ENERGY

4.04%

PEMBINA PIPELINE

3.90%

ALTAGAS

3.17%

MPLX COMMON UNITS

2.45%

NFG

2.33%

Frequently asked questions about MLPI and TPYP

MLPIvsTPYPETF Comparison

NEOS MLP & Energy Infrastructure High Income ETF

Tortoise North American Pipeline Fund ETF - USD

MLPI vs TPYP performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the MLPI and TPYP ETFs performed in 2026?

As of June 18, 2026, MLPI is up 16.74% year-to-date (YTD), while TPYP has returned 18.75%. That puts TPYP better performer ahead so far this year.

Which ETF is attracting more investor money: MLPI or TPYP?

Year-to-date, the MLPI ETF saw +$634M in flows, compared to +$22M for TPYP.

Which ETF is bigger: MLPI or TPYP?

As of June 18, 2026, MLPI holds $659.58 M in assets under management (AUM), while TPYP manages $847.05 M.

What sectors do the MLPI and TPYP ETFs invest in?

MLPI leans toward sectors like Energy. Meanwhile, TPYP focuses on Energy and Utilities.

What are the top holdings of the MLPI ETF and TPYP ETF?

MLPI top holdings include WILLIAMS, ENBRIDGE and TC ENERGY CORP. TPYP holds in its top three: TC ENERGY CORP, ENBRIDGE and WILLIAMS.

Which ETF is more diversified: MLPI or TPYP?

MLPI holds 24 securities with 78.32% of its assets in the top 15. TPYP has 44 securities and a top 15 weight of 75.02%.

The ETF Industry Is Evolving Fast