PAI vs TPZ

Comparison between Western Asset Investment Grade Income Fund Inc (PAI, ETF) and TORTOISE ELECTRIFICATION INFRASTRUCTURE ETF (TPZ, ETF).

5-Year PerformanceTPZ has outperformed PAI, delivering a return of +18.0% compared to -1.0%

PAI vs TPZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PAI(ETF)	TPZ(ETF)
Net Assets	$122M	$122M
Expense Ratio	N/A	0.85%
Max Drawdown	45.93%	85.78%
Sharpe Ratio	-0.67	0.22
5Y Beta	0.22	0.49
P/E Ratio	N/A	21.43
Forward P/E	N/A	17.94
PEG Ratio	N/A	1.08
5Y Dividends CAGR	2.33%	8.00%
5Y EPS CAGR	N/A	13.74%
P/S Ratio	N/A	2.16
P/B Ratio	N/A	3.37

Net Assets

PAI

$122M

TPZ

$122M

Expense Ratio

PAI

N/A

TPZ

0.85%

Max Drawdown

Winner

PAI

45.93%

TPZ

85.78%

Sharpe Ratio

PAI

-0.67

Winner

TPZ

0.22

5Y Beta

Winner

PAI

0.22

TPZ

0.49

P/E Ratio

PAI

N/A

TPZ

21.43

Forward P/E

PAI

N/A

TPZ

17.94

PEG Ratio

PAI

N/A

TPZ

1.08

5Y Dividends CAGR

PAI

2.33%

Winner

TPZ

8.00%

5Y EPS CAGR

PAI

N/A

TPZ

13.74%

P/S Ratio

PAI

N/A

TPZ

2.16

P/B Ratio

PAI

N/A

TPZ

3.37

PAI vs TPZ - Historical Returns

Returns include dividend reinvestment.

Period	PAI	TPZ
1 month	+0.87%	-5.21%
3 months	-0.06%	-4.84%
6 months	-4.26%	-5.23%
1 year	-0.82%	+6.40%
5 years(CAGR)	-0.97%	+17.96%
10 years(CAGR)	+1.85%	+7.44%
Max(CAGR)	+5.98%	+7.86%

Winner

PAI

+0.87%

TPZ

-5.21%

Winner

PAI

-0.06%

TPZ

-4.84%

Winner

PAI

-4.26%

TPZ

-5.23%

PAI

-0.82%

Winner

TPZ

+6.40%

5Y(CAGR)

PAI

-0.97%

Winner

TPZ

+17.96%

10Y(CAGR)

PAI

+1.85%

Winner

TPZ

+7.44%

Max(CAGR)

PAI

+5.98%

Winner

TPZ

+7.86%

PAI vs TPZ - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	PAI	TPZ
2026	-1.71%	+4.31%
2025	+7.09%	+3.94%
2024	+9.44%	+53.58%
2023	+7.42%	+21.59%
2022	-21.03%	-0.80%
2021	+1.88%	+28.88%
2020	+6.17%	-27.97%
2019	+20.23%	+13.42%
2018	-11.78%	-16.88%
2017	+16.74%	-0.56%
2016	+15.58%	+43.21%
2015	+1.70%	-30.40%
2014	+7.73%	+12.66%
2013	-7.43%	+6.62%
2012	+12.40%	+7.31%
2011	+13.11%	+7.50%
2010	+6.63%	+28.56%
2009	+29.99%	+4.00%
2008	-16.92%	N/A
2007	-5.46%	N/A
2006	+16.18%	N/A
2005	-0.98%	N/A
2004	+10.46%	N/A
2003	+15.49%	N/A
2002	+6.03%	N/A
2001	+14.94%	N/A
2000	+25.82%	N/A
1999	-2.13%	N/A

PAI vs TPZ Drawdown Comparison

The maximum drawdown for PAI was -38.96%, occurring on Nov 24, 2008. Recovery took 575 trading sessions.

The maximum drawdown for TPZ was -78.15%, occurring on Mar 18, 2020. Recovery took 2179 trading sessions.

The current PAI drawdown is -11.72%. The current TPZ drawdown is -6.38%.

Rank	PAI	TPZ
#1	-38.96% Jun 1, 2007 - Sep 11, 2009	-78.15% May 1, 2015 - Dec 27, 2023
#2	-33.71% Dec 2, 2021 - Oct 20, 2022	-20.50% Apr 25, 2011 - Dec 27, 2011
#3	-30.98% Nov 15, 2019 - Jul 15, 2020	-17.78% Jan 21, 2025 - Nov 28, 2025
#4	-22.02% Nov 26, 2012 - Apr 22, 2016	-12.78% Aug 29, 2014 - Apr 10, 2015
#5	-19.82% Sep 28, 2017 - Jun 11, 2019	-11.41% May 20, 2013 - Apr 23, 2014
#6	-13.79% May 24, 2010 - Sep 1, 2011	-9.81% Mar 9, 2012 - Jul 18, 2012
#7	-13.48% Aug 30, 2016 - Jun 19, 2017	-9.58% Apr 23, 2010 - Jul 30, 2010
#8	-10.99% Mar 17, 2004 - Sep 15, 2004	-8.93% Jul 19, 2012 - Dec 24, 2012
#9	-9.79% Nov 9, 2012 - Nov 21, 2012	-8.06% Aug 6, 2009 - Dec 10, 2009
#10	-9.55% Sep 28, 2020 - Aug 20, 2021	-6.95% Apr 30, 2026 - Aug 7, 2026
#11	-9.15% Sep 24, 2002 - Dec 16, 2002	-6.56% Nov 22, 2024 - Jan 14, 2025
#12	-8.91% Jun 20, 2003 - Nov 20, 2003	-6.29% Nov 28, 2025 - Feb 10, 2026
#13	-8.83% Sep 30, 2009 - Mar 17, 2010	-6.02% Apr 4, 2024 - May 15, 2024
#14	-8.29% Sep 15, 2021 - Nov 19, 2021	-5.36% Mar 2, 2026 - Apr 30, 2026
#15	-8.08% Feb 10, 2005 - Jun 30, 2005	-5.05% Nov 11, 2010 - Dec 9, 2010

Correlation

Correlation between PAI and TPZ is 0.57 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.57

-101

Dividend Comparison (1999 - 2026)

PAI vs TPZ dividend yield comparison.

Year	PAI	TPZ
2026	3.09%	1.92%
2025	5.45%	3.99%
2024	4.83%	5.88%
2023	4.67%	8.99%
2022	4.82%	9.52%
2021	3.57%	4.77%
2020	3.82%	8.80%
2019	4.43%	8.84%
2018	5.23%	9.41%
2017	4.36%	7.28%
2016	4.82%	6.88%
2015	5.30%	9.68%
2014	5.13%	10.68%
2013	5.24%	5.84%
2012	4.84%	5.96%
2011	5.39%	6.00%
2010	6.13%	6.12%
2009	7.37%	2.47%
2008	9.37%	0.00%
2007	8.28%	0.00%
2006	5.59%	0.00%
2005	7.58%	0.00%
2004	9.41%	0.00%
2003	6.38%	0.00%
2002	6.97%	0.00%
2001	7.28%	0.00%
2000	8.00%	0.00%
1999	2.10%	0.00%