Westwood Salient Enhanced Midstream Income ETF
MDST - ETF AI Analysis
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Westwood Salient Enhanced Midstream Income ETF (MDST)
MDST vs. SPDR S&P 500 ETF (SPY)
- AUM
- 289.09M
- Region
- North America
- Expense Ratio
- 0.80%
- Beta
- 0.20
- Issuer
- Westwood
- Inception Date
- Apr 09, 2024
- Dividend Yield
- 9.50%
- Asset Class
- Equity
- Index Tracked
- No Underlying Index
MDST Summary
MDST is an energy-focused ETF that invests mainly in midstream companies—businesses that move, store, and process oil and natural gas. It doesn’t track a specific index, but follows the theme of midstream energy and MLPs, aiming to provide both income and some growth. The fund holds well-known names like Kinder Morgan and Enbridge, giving investors exposure to a range of pipeline and infrastructure companies. Someone might consider MDST for its potential steady dividend income and diversification within the energy sector. A key risk is that it is heavily tied to the energy market, so its value can rise or fall with energy prices and industry conditions.
How much will it cost me?
MDST has an expense ratio of 0.80%, which means you’ll pay about $8 per year for every $1,000 invested. This cost is higher than the average ETF because it’s actively managed and focuses on a specialized niche in the energy sector, which typically requires more research and management.
What would affect this ETF?
MDST could benefit if North American energy demand stays strong, more pipelines and export facilities are built, and midstream companies like Energy Transfer, Williams, and Enbridge keep generating steady fee-based cash flows and paying attractive dividends. On the negative side, weaker economic growth, lower oil and gas volumes, higher interest rates that make income investments less appealing, or stricter environmental and energy regulations could hurt midstream profits and reduce the ETF’s performance.
MDST Top 10 Holdings
MDST is essentially a bet on North American energy pipelines and infrastructure, with a heavy tilt toward midstream giants. Names like Targa Resources, Cheniere Energy, Plains GP, and Oneok have been rising and act as the fund’s main engines, helped by strong demand for natural gas and liquids. Kinder Morgan and Energy Transfer are also pulling their weight, adding steady income and modest growth. Enbridge and DT Midstream are more mixed, occasionally losing steam and tempering returns, but overall the ETF rides a concentrated, fee-based midstream wave rooted firmly in North America.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 ET | Energy Transfer | 9.19% | $26.72M | $66.99B | 17.13% | 70Outperform |
 WMB | Williams Co | 8.26% | $24.03M | $86.16B | 14.91% | 76Outperform |
 ENB | Enbridge | ― | ― | ― | ― | 69Neutral |
 EPD | Enterprise Products Partners | 7.01% | $20.38M | $80.14B | 18.47% | 73Outperform |
 LNG | Cheniere Energy | 5.94% | $17.27M | $62.18B | 44.92% | 71Outperform |
 KMI | Kinder Morgan | 5.74% | $16.68M | $70.37B | 18.51% | 68Neutral |
 DTM | DT Midstream | 5.49% | $15.97M | $12.14B | 3.73% | 78Outperform |
 TRGP | Targa Resources | 5.30% | $15.40M | $62.60B | 73.70% | 74Outperform |
 OKE | Oneok | 4.87% | $14.17M | $55.59B | 28.97% | 82Outperform |
 PAGP | Plains GP Holdings | 4.83% | $14.04M | $18.29B | 49.86% | 72Outperform |
MDST Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For MDST, the sentiment is Positive. The current price of 28.41 is below the 20-day moving average (MA) of 28.43, above the 50-day MA of 28.38, and above the 200-day MA of 27.86, indicating a neutral trend. The MACD of -0.13 indicates Positive momentum. The RSI at 51.45 is Neutral, neither overbought nor oversold. The STOCH value of 50.09 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MDST.
MDST Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| MDST | $28.41 | $31.00(9.12% Upside) | $289.09M | 0.80% | 68Neutral |
 EMLP | $43.89 | $48.85(11.31% Upside) | $4.19B | 0.95% | 64Neutral |
 MLPI | $51.97 | $59.40(14.29% Upside) | $906.95M | 0.68% | 67Neutral |
 UMI | $58.62 | $67.52(15.17% Upside) | $527.14M | 0.69% | 68Neutral |
 WEEI | $25.01 | $29.02(16.01% Upside) | $110.09M | 0.85% | 74Outperform |
 PIPE | $29.14 | $34.30(17.69% Upside) | $63.01M | 0.75% | 66Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| MDST | Westwood Salient Enhanced Midstream Income ETF | 28.41 | 4.39 | 18.26% | |
| EMLP | First Trust North American Energy Infrastructure Fund | 43.89 | 6.47 | 17.27% | |
| MLPI | NEOS MLP & Energy Infrastructure High Income ETF | 51.97 | 8.39 | 19.26% | |
| UMI | USCF Midstream Energy Income Fund ETF | 58.62 | 11.25 | 23.75% | |
| WEEI | Westwood Salient Enhanced Energy Income ETF | 25.01 | 5.66 | 29.24% | |
| PIPE | Invesco SteelPath MLP & Energy Infrastructure ETF | 29.14 | 6.14 | 26.72% |
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.