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PIPEvsTPYPETF Comparison
Invesco SteelPath MLP & Energy Infrastructure ETF (PIPE) and Tortoise North American Pipeline Fund ETF - USD (TPYP) belong to the same industry segment: Infrastructure. Both ETFs have the same top 3 sector exposures: Energy and Utilities. PIPE is more expensive with a Total Expense Ratio (TER) of 0.75%, versus 0.4% for TPYP. PIPE is up 19.48% year-to-date (YTD) with -$209K in YTD flows. TPYP performs worse with 18.56% YTD performance, and +$13M in YTD flows. Run a side-by-side ETF comparison of PIPE 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.
PIPE vs TPYP performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | PIPE TPYP | +5.41%+5.23% | +19.66%+18.94% | +19.48%+18.56% | +23.44%+23.95% | n/a+97.14% | n/a+151.93% |
| Flows | PIPE TPYP | +$1M+$7M | -$209K+$13M | -$209K+$13M | +$41M-$15M | --$17M | -+$7M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | PIPE TPYP | +14.13%+12.99% | +18.60%+16.45% | n/a+15.02% | n/a+17.17% |
| Max drawdown | PIPE TPYP | -3.30%-3.05% | -15.66%-12.89% | n/a-12.89% | n/a-17.85% |
| Max drawdown duration | PIPE TPYP | 9d9d | 294d174d | n/a174d | n/a574d |
PIPE | TPYP | |
Last sale 3/13/2026 at 1:30 PM | $28.92 | $42.07 |
| Previous close 03/12/2026 | $28.83 | $41.85 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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PIPE | TPYP | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
PIPE | TPYP | |
|---|---|---|
| Last price | $28.92 | $42.07 |
| 1D performance | +0.32% | +0.52% |
| AuM | $60.43 M | $844.02 M |
| E/R | 0.75% | 0.4% |
PIPE | TPYP | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Invesco | Tortoise Capital |
| Benchmark | - | Tortoise North American Pipeline Index |
| N° of holdings | 23 | 41 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | February 20, 2025 | June 30, 2015 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the PIPE and TPYP ETFs performed in 2026?
As of March 12, 2026, PIPE is up 19.48% year-to-date (YTD), while TPYP has returned 18.56%. That puts PIPE better performer ahead so far this year.
Which ETF is attracting more investor money: PIPE or TPYP?
Year-to-date, the PIPE ETF saw -$209K in flows, compared to +$13M for TPYP.
Which ETF is more volatile: PIPE or TPYP?
Over the past year, PIPE had a volatility of 18.6%, while TPYP experienced 16.45%.
Which ETF is bigger: PIPE or TPYP?
As of March 12, 2026, PIPE holds $60.43 M in assets under management (AUM), while TPYP manages $844.02 M.
What sectors do the PIPE and TPYP ETFs invest in?
PIPE leans toward sectors like Energy. Meanwhile, TPYP focuses on Energy and Utilities.
What are the top holdings of the PIPE ETF and TPYP ETF?
PIPE top holdings include TARGA RESOURCS, WILLIAMS and TC ENERGY CORP. TPYP holds in its top three: KINDER MORGAN, WILLIAMS and TC ENERGY CORP.
Which ETF is more diversified: PIPE or TPYP?
PIPE holds 25 securities with 75.45% of its assets in the top 15. TPYP has 44 securities and a top 15 weight of 77.23%.
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