Tortoise AI Infrastructure ETF (TCAI) Performance
TCAI total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +26.8% since Dec 31, 2025
- 1 year
- +20.9% total return
- Since first price
- +49.3% since 2025
TCAI trailing returns vs SPY, QQQ, AGG
| Period | TCAI total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −21.6% | −21.6% | −1.0% | −5.0% | +0.9% |
| 3 months | −25.8% | −25.8% | +3.2% | +1.9% | −0.4% |
| 6 months | −14.3% | −14.3% | +7.8% | +8.4% | −1.5% |
| YTD | +26.8% | +26.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +20.9% | +20.8% | +14.4% | +15.9% | −1.1% |
| Since inceptionAug 5, 2025 | +49.3% | +49.2% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: TCAI vs SPY
From Aug 5, 2025: TCAI grew to $14,930, SPY to $12,266.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
TCAI returns by calendar year
2026 is year to date.
TCAI annual returns table
| Year | TCAI | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +26.8% | −35.4% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
TCAI largest drawdowns
Now 35.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 22, 2026 | −35.4% | Oct 23, 2026 | not yet | 4 months | 4 months so far |
| Nov 3, 2025 | −15.8% | Nov 21, 2025 | Jan 27, 2026 | 18 days | 3 months |
| Jun 2, 2026 | −13.2% | Jun 10, 2026 | Jun 18, 2026 | 8 days | 16 days |
| Feb 25, 2026 | −12.0% | Mar 30, 2026 | Apr 8, 2026 | 33 days | 42 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
TCAI risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | +74.8% |
| Volatility (annualized) | 45.0% |
| Sharpe ratio | 1.39 |
| Sortino ratio | 3.13 |
| Best month | +30.7% |
| Worst month | −17.6% |
| Best 12 months | +76.0% |
| Worst 12 months | +58.3% |
| Positive months | 62% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
TCAI rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 3 | +14.5% | +58.3% | +76.0% | 100% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
TCAI performance overview
Tortoise AI Infrastructure ETF (TCAI) returned +20.9% over the past year, with distributions reinvested. Since its first recorded price on Aug 5, 2025 it has returned +49.3%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −35.4%, from Jun 22, 2026 to Oct 23, 2026; the fund has not yet regained that high. Volatility has been 45.0% a year.
Related: TCAI chart, TCAI holdings, TCAI dividends, TCAI valuation. See the TCAI overview for the latest quote and fund facts.
TCAI performance FAQ
What is the TCAI return over the past year?
TCAI returned +20.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 20.8%.
How much would $10,000 invested in TCAI be worth?
$10,000 invested in TCAI at its first recorded close on August 5, 2025 would be worth about $14,930 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of TCAI?
The largest peak-to-trough decline was −35.4% between June 22, 2026 and October 23, 2026. It has not yet recovered to that high; it is 35.4% below its peak.
How volatile is TCAI?
Over the past history TCAI had an annualized volatility of 45.0% and a Sharpe ratio of 1.39 (excess return over 1–3 month T-bills per unit of risk).