TPZ Tortoise Electrification Infrastructure ETF

Last close: 19.70
504-day return: +13.56%
Median $/day: $271k
Relationships shown: 12
Leader rank: #208

together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture

TPZ vs EMLP

Both indexed to 100 at 2026-05-11.

TPZ EMLP · range 90–104 · 2026-05-11 → 2026-11-06

Follows TPZ

These tend to repeat TPZ's moves later.

SRV NXG Cushing Midstream Energy Fund

lag 1dρ +0.21holdout +0.27stable 75%$/day $1.6Mrobust

BUI BlackRock Utilities, Infrastructure & Power Opportunities Trust

lag 1dρ +0.21holdout +0.22stable 75%$/day $1.5Mrobust

Moves with TPZ

Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").

EMLP First Trust North American Energy Infrastructure Fund

ρ +0.80beyond mkt +0.59holdout +0.79stable 100%robust

UTES Virtus Reaves Utilities ETF

ρ +0.73beyond mkt +0.57holdout +0.69stable 100%robust

EIPX FT Energy Income Partners Strategy ETF

ρ +0.75beyond mkt +0.52holdout +0.80stable 100%robust

TOLZ ProShares DJ Brookfield Global Infrastructure ETF

ρ +0.68beyond mkt +0.47holdout +0.69stable 100%robust

NRG NRG Energy, Inc.

ρ +0.61beyond mkt +0.46holdout +0.50stable 100%robust

VST Vistra Corp.

ρ +0.57beyond mkt +0.46holdout +0.49stable 100%robust

Moves against TPZ

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.30beyond mkt -0.12holdout -0.10stable 50%moderate

VXX iPath Series B S&P 500 VIX Short-Term Futures ETN

ρ -0.32beyond mkt -0.09holdout -0.13stable 62%moderate

Weekly, not daily

No day-to-day relationship, but 5- or 10-day returns move together.

KOS Kosmos Energy Ltd.

horizon 10dρ +0.41holdout +0.22stable 62%moderate

GLU The Gabelli Utility & Income Trust

horizon 10dρ +0.37holdout +0.46stable 88%robust

Changed this quarter

Biggest shifts in same-day correlation over the last 63 trading days versus the year before.

NGVC NATURAL GROCERS BY VITAMIN COTTAGE, INC

Δ -0.57recent -0.32prior +0.25beyond mkt +0.11

ARCC Ares Capital Corporation Common Stock

Δ -0.55recent -0.35prior +0.20beyond mkt -0.06

DLX Deluxe Corporation

Δ -0.54recent -0.39prior +0.14beyond mkt +0.06

ESCA Escalade, Incorporated Common Stock

Δ -0.53recent -0.38prior +0.15beyond mkt +0.02

ISRG Intuitive Surgical, Inc. Common Stock

Δ -0.53recent -0.32prior +0.21beyond mkt +0.10

APP Applovin Corporation Class A Common Stock

Δ -0.53recent -0.36prior +0.16beyond mkt +0.01

Hidden links

Strong beyond-the-market co-movement with few shared neighbours.

Symbol	beyond mkt	raw ρ	shared
XLU State Street Utilities Select Sector SPDR ETF	+0.45	+0.64	12
UTES Virtus Reaves Utilities ETF	+0.57	+0.73	16
EIPX FT Energy Income Partners Strategy ETF	+0.52	+0.75	15
MLPX Global X MLP & Energy Infrastructure ETF	+0.45	+0.73	13
ZAP Global X Funds Global X U.S. Electrification ETF	+0.41	+0.69	12
CEG Constellation Energy Corporation Common Stock	+0.43	+0.54	15