TMLP vs FSZ
Comparison between Tortoise MLP ETF (TMLP, ETF) and FIRST TRUST SWITZERLAND ALPHADEX FUND (FSZ, ETF).
TMLP vs FSZ - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
TMLP
$42M
Winner
FSZ
$42M
Expense Ratio
Winner
TMLP
0.50%
FSZ
0.80%
Max Drawdown
Winner
TMLP
7.81%
FSZ
36.39%
Sharpe Ratio
Winner
TMLP
2.55
FSZ
0.38
5Y Beta
Winner
TMLP
-0.16
FSZ
0.49
5Y Dividends CAGR
TMLP
N/A
FSZ
16.58%
TMLP vs FSZ - Holdings Comparison
TMLP and FSZ have 1 common holdings. Overlap is -49.86%
TMLP's top 25 holdings weight is 101.65%. FSZ's top 25 holdings weight is 81.65%.
| Rank | TMLP | FSZ |
|---|---|---|
| #1 | TORTOISE MLP TOTAL RETURN INDEX SWAP GS-L (n/a) - 50.90% | SFS GROUP AG (n/a) - 4.98% |
| #2 | HESS MIDSTREAM LP CLASS A (HESM) - 5.71% | SANDOZ GROUP AG REGISTERED SHARES (n/a) - 4.50% |
| #3 | WILLIAMS COMPANIES INC (WMB) - 5.55% | GALDERMA GROUP AG REGISTERED SHARES (n/a) - 4.20% |
| #4 | TARGA RESOURCES CORP (TRGP) - 5.35% | HOLCIM LTD (n/a) - 4.08% |
| #5 | TC ENERGY CORP (n/a) - 3.82% | VAT GROUP AG (n/a) - 4.02% |
| #6 | U.S. BANK MONEY MARKET DEPOSIT ACCOUNT (n/a) - 3.66% | SWISSCOM AG (n/a) - 3.80% |
| #7 | ONEOK INC (OKE) - 3.28% | BARRY CALLEBAUT AG (n/a) - 3.69% |
| #8 | CHENIERE ENERGY INC (LNG) - 3.24% | BUCHER INDUSTRIES AG (n/a) - 3.55% |
| #9 | PLAINS ALL AMERICAN PIPELINE LP (PAA) - 2.40% | GALENICA LTD (n/a) - 3.50% |
| #10 | ENTERPRISE PRODUCTS PARTNERS LP (EPD) - 2.22% | SIG GROUP AG ORDINARY SHARES (n/a) - 3.42% |
| #11 | ENERGY TRANSFER LP (ET) - 2.19% | UBS GROUP AG REGISTERED SHARES (n/a) - 3.40% |
| #12 | ENBRIDGE INC (ENB) - 2.11% | PSP SWISS PROPERTY AG (n/a) - 3.35% |
| #13 | WESTERN MIDSTREAM PARTNERS LP (WES) - 2.00% | AVOLTA AG (n/a) - 3.28% |
| #14 | MPLX LP PARTNERSHIP UNITS (MPLX) - 2.00% | ROCHE HOLDING AG ORDINARY SHARES NEW (n/a) - 3.12% |
| #15 | CHENIERE ENERGY PARTNERS LP (CQP) - 1.56% | ADECCO GROUP AG (n/a) - 2.96% |
| #16 | SUNOCO LP (SUN) - 1.48% | BKW AG (n/a) - 2.92% |
| #17 | DT MIDSTREAM INC ORDINARY SHARES (DTM) - 1.09% | EMMI AG (n/a) - 2.92% |
| #18 | ANTERO MIDSTREAM CORP (AM) - 0.92% | EFG INTERNATIONAL AG (n/a) - 2.84% |
| #19 | KODIAK GAS SERVICES INC (KGS) - 0.90% | DKSH HOLDING LTD (n/a) - 2.73% |
| #20 | EXCELERATE ENERGY INC CLASS A (EE) - 0.53% | VONTOBEL HOLDING AG (n/a) - 2.71% |
| #21 | KINDER MORGAN INC CLASS P (KMI) - 0.51% | NOVARTIS AG REGISTERED SHARES (n/a) - 2.56% |
| #22 | PEMBINA PIPELINE CORP (n/a) - 0.25% | AMRIZE LTD REGISTERED SHARE (AMRZ) - 2.47% |
| #23 | KINETIK HOLDINGS INC (KNTK) - 0.18% | COMPAGNIE FINANCIERE RICHEMONT SA CLASS A (n/a) - 2.42% |
| #24 | US DOLLARS (n/a) - 0.00% | FLUGHAFEN ZUERICH AG (n/a) - 2.27% |
| #25 | OTHER ASSETS AND LIABILITIES (n/a) - -0.20% | LUZERNER KANTONALBANK AG (n/a) - 1.96% |
| Total Holdings | 26 | 42 |
TMLP vs FSZ - Historical Returns
Returns include dividend reinvestment.
1M
Winner
TMLP
+0.84%
FSZ
-1.90%
3M
Winner
TMLP
+3.08%
FSZ
-1.54%
6M
Winner
TMLP
+16.79%
FSZ
+5.98%
1Y
TMLP
N/A
FSZ
+8.42%
5Y(CAGR)
TMLP
N/A
FSZ
+5.68%
10Y(CAGR)
TMLP
N/A
FSZ
+9.32%
Max(CAGR)
Winner
TMLP
+40.12%
FSZ
+9.22%
TMLP vs FSZ - Annual Returns (2012 - 2026)
Returns include dividend reinvestment.
| Year | TMLP | FSZ |
|---|---|---|
| 2026 | +16.01% | +0.98% |
| 2025 | +0.05% | +29.85% |
| 2024 | N/A | -0.55% |
| 2023 | N/A | +20.56% |
| 2022 | N/A | -20.20% |
| 2021 | N/A | +17.95% |
| 2020 | N/A | +12.67% |
| 2019 | N/A | +26.85% |
| 2018 | N/A | -15.49% |
| 2017 | N/A | +31.37% |
| 2016 | N/A | +5.61% |
| 2015 | N/A | +7.14% |
| 2014 | N/A | -4.00% |
| 2013 | N/A | +28.37% |
| 2012 | N/A | +8.63% |
TMLP vs FSZ Drawdown Comparison
The maximum drawdown for TMLP was -6.20%, occurring on Apr 17, 2026. Recovery took 24 trading sessions.
The maximum drawdown for FSZ was -34.03%, occurring on Oct 12, 2022. Recovery took 646 trading sessions.
The current TMLP drawdown is -4.56%. The current FSZ drawdown is -5.47%.
| Rank | TMLP | FSZ |
|---|---|---|
| #1 | -6.20% Mar 26, 2026 - Apr 30, 2026 | -34.03% Dec 29, 2021 - Jul 26, 2024 |
| #2 | -5.95% May 19, 2026 - May 29, 2026 | -33.97% Jan 22, 2020 - Sep 2, 2020 |
| #3 | -2.45% May 4, 2026 - May 12, 2026 | -24.00% Jan 26, 2018 - Jan 2, 2020 |
| #4 | -2.00% Mar 2, 2026 - Mar 19, 2026 | -19.03% May 2, 2014 - Feb 1, 2017 |
| #5 | -1.68% Jan 2, 2026 - Jan 12, 2026 | -17.37% Mar 19, 2012 - Sep 14, 2012 |
| #6 | -1.30% Jan 29, 2026 - Feb 3, 2026 | -13.93% Sep 27, 2024 - Apr 28, 2025 |
| #7 | -0.63% Apr 30, 2026 - May 4, 2026 | -10.39% Feb 25, 2026 - Mar 20, 2026 |
| #8 | -0.58% Jan 16, 2026 - Jan 22, 2026 | -8.29% Oct 12, 2020 - Nov 6, 2020 |
| #9 | -0.57% Feb 23, 2026 - Feb 27, 2026 | -7.65% May 8, 2013 - Jul 15, 2013 |
| #10 | -0.52% Mar 24, 2026 - Mar 26, 2026 | -7.63% Sep 2, 2021 - Nov 3, 2021 |
| #11 | -0.35% Jan 14, 2026 - Jan 16, 2026 | -7.43% Oct 17, 2012 - Dec 6, 2012 |
| #12 | -0.30% Mar 19, 2026 - Mar 23, 2026 | -7.18% Jul 23, 2025 - Dec 24, 2025 |
| #13 | -0.28% Jan 23, 2026 - Jan 27, 2026 | -5.65% Feb 16, 2021 - Apr 5, 2021 |
| #14 | -0.21% Dec 24, 2025 - Dec 30, 2025 | -5.29% Mar 15, 2013 - Apr 30, 2013 |
| #15 | -0.21% Feb 11, 2026 - Feb 13, 2026 | -5.02% Nov 15, 2021 - Dec 29, 2021 |
Correlation
Correlation between TMLP and FSZ is 0.23 which considered as a very weak or no correlation - the stocks move independently of each other.
0.23
-101
Dividend Comparison (2012 - 2026)
TMLP vs FSZ dividend yield comparison.
| Year | TMLP | FSZ |
|---|---|---|
| 2026 | 2.01% | 0.67% |
| 2025 | 0.04% | 1.80% |
| 2024 | 0.00% | 1.80% |
| 2023 | 0.00% | 2.11% |
| 2022 | 0.00% | 3.50% |
| 2021 | 0.00% | 1.62% |
| 2020 | 0.00% | 1.53% |
| 2019 | 0.00% | 2.01% |
| 2018 | 0.00% | 2.29% |
| 2017 | 0.00% | 1.49% |
| 2016 | 0.00% | 1.93% |
| 2015 | 0.00% | 1.08% |
| 2014 | 0.00% | 1.89% |
| 2013 | 0.00% | 1.91% |
| 2012 | 0.00% | 2.07% |
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