TPYPvsPAVEETF Comparison
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Tortoise North American Pipeline Fund ETF - USD (TPYP) and Global X U.S. Infrastructure Development ETF (PAVE) belong to the same industry segment: Infrastructure. TPYP is less expensive with a Total Expense Ratio (TER) of 0.4%, versus 0.47% for PAVE. TPYP is up 28.4% year-to-date (YTD) with +$49M in YTD flows. PAVE performs worse with 12.29% YTD performance, and +$2.74B in YTD flows. Run a side-by-side ETF comparison of TPYP and PAVE 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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TPYP vs PAVE performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/30/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | TPYP PAVE | +11.13%+2.13% | +4.25%-4.44% | +28.40%+12.29% | +33.51%+12.44% | +104.41%+91.39% | +133.65%+99.68% |
| Flows | TPYP PAVE | +$13M+$319M | +$27M+$631M | +$49M+$2.74B | +$50M+$3.04B | +$79M+$4.52B | +$69M+$4.55B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | TPYP PAVE | +16.14%+16.91% | +15.14%+20.59% | +15.39%+20.83% | +17.18%+22.02% |
| Max drawdown | TPYP PAVE | -8.29%-12.16% | -9.13%-13.78% | -12.89%-26.27% | -17.85%-26.27% |
| Max drawdown duration | TPYP PAVE | 71d74d | 97d127d | 174d239d | 574d239d |
Trading data
TPYP | PAVE | |
Last sale 11/2/2026 at 2:30 PM | $43.13 | $54.45 |
| Previous close 10/30/2026 | $44.14 | $53.52 |
| Consolidated volume 10/30/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of October 30, 2026
1-year trailing difference
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TPYP | PAVE | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
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Main metrics
Last update 11/2/2026 at 2:30 PM
Live
Closed
TPYP | PAVE | |
|---|---|---|
| Last price | $43.13 | $54.45 |
| 1D performance | -2.29% | +1.74% |
| AuM | $928.35 M | $13.87 B |
| E/R | 0.4% | 0.47% |
Characteristics
TPYP | PAVE | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Tortoise Capital | Global X |
| Benchmark | Tortoise North American Pipeline Index | Indxx U.S. Infrastructure Development Index |
| N° of holdings | - | - |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | June 30, 2015 | March 6, 2017 |
| ESG | No | No |
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Exposure
Countries
TPYP
Data will be available soon
PAVE
Data will be available soon
Sectors
TPYP
Data will be available soon
PAVE
Data will be available soon
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Diversification
TPYP
Data will be available soon
PAVE
Data will be available soon
Top 15 holdings
Data as of January 1, 1970
TPYP
Data will be available soon
PAVE
Data will be available soon
Frequently asked questions about TPYP and PAVE
How have the TPYP and PAVE ETFs performed in 2026?
As of October 30, 2026, TPYP is up 28.4% year-to-date (YTD), while PAVE has returned 12.29%. That puts TPYP better performer ahead so far this year.
Which ETF is attracting more investor money: TPYP or PAVE?
Year-to-date, the TPYP ETF saw +$49M in flows, compared to +$2.74B for PAVE.
Which ETF is more volatile: TPYP or PAVE?
Over the past year, TPYP had a volatility of 15.14%, while PAVE experienced 20.59%.
Which ETF is bigger: TPYP or PAVE?
As of October 30, 2026, TPYP holds $928.35 M in assets under management (AUM), while PAVE manages $13.87 B.
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Latest news about TPYP & PAVE
Notable ETF Filings Recap: March 2024
April 3, 2024
PAVE
How to Obtain Real Asset Exposure by Investing in Infrastructure ETFs
December 14, 2023
PAVE
How US Infrastructure Can Benefit Your Portfolio
April 3, 2023
PAVE
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