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TCAIvsAIPOETF Comparison

ETF 1

TCAI

Tortoise AI Infrastructure ETF

This fund is part of

Multiple Trends

+0.03%

Full TCAI fund page

VS

ETF 2

AIPO

Defiance AI & Power Infrastructure ETF

This fund is part of

Multiple Trends

+0.03%

Full AIPO fund page

Tortoise AI Infrastructure ETF (TCAI) and Defiance AI & Power Infrastructure ETF (AIPO) belong to the same industry segment: Multiple Trends. TCAI's top 3 sector exposures are Information Technology, Industrials and Utilities. In contrast, AIPO's top sector exposures are Industrials, Utilities and Information Technology. TCAI is less expensive with a Total Expense Ratio (TER) of 0.65%, versus 0.69% for AIPO. TCAI is up 45.07% year-to-date (YTD) with +$47M in YTD flows. AIPO performs worse with 35.02% YTD performance, and +$231M in YTD flows. Run a side-by-side ETF comparison of TCAI and AIPO below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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TCAI vs AIPO performance and flow charts

Performance

Cumulative Flows

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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 04/29/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	TCAI AIPO	+29.17%+25.11%	+23.63%+18.11%	+45.07%+35.02%	n/an/a	n/an/a	n/an/a
Flows	TCAI AIPO	+$14M+$110M	+$46M+$201M	+$47M+$231M	--	--	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	TCAI AIPO	+39.84%+36.50%	n/an/a	n/an/a	n/an/a
Max drawdown	TCAI AIPO	-11.55%-11.13%	n/an/a	n/an/a	n/an/a
Max drawdown duration	TCAI AIPO	41d42d	n/an/a	n/an/a	n/an/a

Trading data

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	TCAI	AIPO
Last sale 4/29/2026 at 1:30 PM	$43.10	$29.85
Previous close 04/29/2026	$42.67	$29.70
Consolidated volume 04/29/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

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TCAI

is actively managed and doesn’t replicate an index

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	TCAI	AIPO
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/29/2026 at 1:30 PM

Live

Closed

	TCAI	AIPO
Last price	$43.10	$29.85
1D performance	+1.01%	+0.51%
AuM	$128.89 M	$410.12 M
E/R	0.65%	0.69%

Characteristics

	TCAI	AIPO
Management strategy	Active	Passive
Provider	Tortoise Capital	Defiance ETFs
Benchmark	-	MarketVector US Listed AI and Power Infrastructure Index
N° of holdings	36	61
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	August 4, 2025	July 24, 2025
ESG	No	No

More TCAI data on Trackinsight

More AIPO data on Trackinsight

Exposure

Countries

TCAI

USA

82.26%

Ireland

7.34%

Other

10.4%

AIPO

USA

79.74%

Ireland

10.11%

Canada

7.66%

Other

2.49%

Sectors

TCAI

Information Techn.

35.18%

Industrials

27.58%

Utilities

13.13%

Energy

8.07%

Other

16.04%

AIPO

Industrials

46.23%

Utilities

15.39%

Information Techn.

14.26%

Energy

7.5%

Other

16.62%

Diversification

TCAI

Total weight of top 15 holdings out of 15

57.16%

AIPO

Total weight of top 15 holdings out of 15

64.15%

Top 15 holdings

Data as of March 31, 2026

TCAI

DELL TECHNOLOGIES INC

5.66%

CIENA

5.20%

VERTIV HOLDINGS

4.72%

CONSTELLATION ENERGY CORP

4.55%

MICRON TECHNOLOGY

4.10%

WESTERN DIGITAL

3.94%

SEAGATE TECHNOLOGY HOLDINGS PLC

3.86%

EQT

3.64%

QUANTA SERVICES

3.57%

NVENT ELECTRIC PLC

3.48%

NRG ENERGY

3.23%

MICHAEL STORES

3.15%

MYR GROUP

3.06%

SCHNEIDER ELECTRIC SE

2.60%

WILLIAMS

2.40%

AIPO

EATON CORP PLC

8.37%

US36828A1016

8.36%

QUANTA SERVICES

8.15%

VERTIV HOLDINGS

7.38%

CAMECO

4.75%

CONSTELLATION ENERGY CORP

4.40%

NVIDIA

3.85%

BROADCOM LIMITED

3.72%

BLOOM ENERGY CORP

2.74%

MICHAEL STORES

2.38%

HUBBELL

2.35%

DOMINION ENERGY

2.03%

XCEL ENERGY

2.01%

VISTRA CORP

1.92%

NVENT ELECTRIC PLC

1.74%

Frequently asked questions about TCAI and AIPO

How have the TCAI and AIPO ETFs performed in 2026?

As of April 29, 2026, TCAI is up 45.07% year-to-date (YTD), while AIPO has returned 35.02%. That puts TCAI better performer ahead so far this year.

Which ETF is attracting more investor money: TCAI or AIPO?

Year-to-date, the TCAI ETF saw +$47M in flows, compared to +$231M for AIPO.

Which ETF is bigger: TCAI or AIPO?

As of April 29, 2026, TCAI holds $128.89 M in assets under management (AUM), while AIPO manages $410.12 M.

What sectors do the TCAI and AIPO ETFs invest in?

TCAI leans toward sectors like Information Technology, Industrials and Utilities. Meanwhile, AIPO focuses on Industrials, Utilities and Information Technology.

What are the top holdings of the TCAI ETF and AIPO ETF?

TCAI top holdings include DELL TECHNOLOGIES INC, CIENA and VERTIV HOLDINGS. AIPO holds in its top three: EATON CORP PLC, US36828A1016 and QUANTA SERVICES.

TCAIvsAIPOETF Comparison

Tortoise AI Infrastructure ETF

Defiance AI & Power Infrastructure ETF

TCAI vs AIPO 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 TCAI and AIPO ETFs performed in 2026?

As of April 29, 2026, TCAI is up 45.07% year-to-date (YTD), while AIPO has returned 35.02%. That puts TCAI better performer ahead so far this year.

Which ETF is attracting more investor money: TCAI or AIPO?

Year-to-date, the TCAI ETF saw +$47M in flows, compared to +$231M for AIPO.

Which ETF is bigger: TCAI or AIPO?

As of April 29, 2026, TCAI holds $128.89 M in assets under management (AUM), while AIPO manages $410.12 M.

What sectors do the TCAI and AIPO ETFs invest in?

TCAI leans toward sectors like Information Technology, Industrials and Utilities. Meanwhile, AIPO focuses on Industrials, Utilities and Information Technology.

What are the top holdings of the TCAI ETF and AIPO ETF?

TCAI top holdings include DELL TECHNOLOGIES INC, CIENA and VERTIV HOLDINGS. AIPO holds in its top three: EATON CORP PLC, US36828A1016 and QUANTA SERVICES.

Which ETF is more diversified: TCAI or AIPO?

TCAI holds 44 securities with 57.16% of its assets in the top 15. AIPO has 73 securities and a top 15 weight of 64.15%.

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