Tortoise’s AI Infrastructure ETF Doubles to $200M AUM, Up 113% NAV
TCAI•Tortoise AI Infrastructure ETF reached $200 million AUM as of May 26, 2026, doubling from $100 million since April 9, six months after its August 2025 debut. It has returned +113% NAV and +114% market price through May 31, outperforming the S&P 500’s 21% gain since inception.
1. AUM Milestone
The Tortoise AI Infrastructure ETF surpassed $200 million in assets under management as of May 26, 2026. This achievement marks a doubling of its AUM from $100 million on April 9, reflecting strong investor demand for AI infrastructure exposure just six months after its August 2025 launch.
2. Performance Track Record
Since its August 4, 2025 inception, the ETF has delivered a +113% cumulative return on NAV and +114% on market price through May 31, 2026. During the same period, the S&P 500 posted a 21% total return, underscoring the fund’s outperformance in a widening infrastructure segment.
3. Strategy and Outlook
The actively managed ETF targets companies powering AI’s physical backbone, including data centers, energy infrastructure, semiconductors and digital connectivity. With a 0.65% expense ratio, the fund benefits from expertise in energy and infrastructure buildouts and management expects multi-year growth tied to AI compute and power demands.
