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MDST - AI Analysis
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Westwood Salient Enhanced Midstream Income ETF (MDST)
Rating:66Neutral
Price Target:
$28.00
Positive Factors
Strong Holdings Performance
Several top holdings, like Williams Co and Antero Midstream, have delivered strong year-to-date gains, supporting the fund’s returns.
Energy Sector Focus
The ETF’s heavy exposure to the energy sector aligns with a historically resilient industry during periods of high demand.
Geographic Diversification
While primarily focused on U.S. companies, the fund includes Canadian exposure, adding a layer of geographic diversification.
Negative Factors
Sector Concentration Risk
With nearly all assets in the energy sector, the fund is highly sensitive to downturns in this industry.
Lagging Overall Performance
The ETF has underperformed over recent timeframes, including year-to-date and three-month periods, which may concern investors.
High Expense Ratio
The fund’s expense ratio is higher than many ETFs, which can eat into investor returns over time.
MDST vs. SPDR S&P 500 ETF (SPY)
AUM152.76M
RegionNorth America
Expense Ratio0.80%
Beta0.48
IssuerWestwood
Inception DateApr 09, 2024
Dividend Yield10.61%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume49,920
30 Day Avg. Volume47,334
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
29.78Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering25
MDST Summary
The Westwood Salient Enhanced Midstream Income ETF (MDST) focuses on midstream energy companies that transport, store, and process natural resources. It includes well-known names like Enbridge and Energy Transfer, offering investors exposure to the energy sector with an emphasis on Master Limited Partnerships (MLPs). This ETF is designed for those seeking steady income through dividends and potential growth from the energy infrastructure niche. However, new investors should be aware that its performance is closely tied to the energy sector, which can be volatile depending on market conditions and energy prices.
How much will it cost me?The expense ratio for the MDST ETF is 0.8%, which means you’ll pay $8 per year for every $1,000 invested. This is higher than average because the fund is actively managed, focusing on a specialized niche in the energy sector to enhance returns and manage risk.
What would affect this ETF?The MDST ETF, focused on midstream energy infrastructure in North America, could benefit from rising energy demand and favorable tax structures associated with MLPs, which support steady income and growth. However, it may face challenges from fluctuating oil and gas prices, regulatory changes in the energy sector, or economic slowdowns that impact infrastructure investments. Its reliance on top holdings like Enbridge and Energy Transfer further ties its performance to the stability and profitability of these companies.
MDST Top 10 Holdings
The MDST ETF is firmly rooted in the midstream energy sector, with names like Williams Co and DT Midstream driving recent performance thanks to strong earnings and strategic growth initiatives. Kinder Morgan has been steady, offering reliable income but limited upside, while Energy Transfer and Enterprise Products Partners have lagged, weighed down by operational challenges and weak momentum. The fund’s heavy concentration in North American energy infrastructure provides exposure to stable, fee-based cash flows, but its reliance on a few key players means mixed results as some stocks shine while others struggle to find their footing.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Energy Transfer | 8.84% | $13.35M | $58.12B | 2.79% | 71 Outperform | |
| Enbridge | 8.81% | $13.31M | $101.88B | 14.98% | 70 Outperform | |
| Williams Co | 7.83% | $11.83M | $69.58B | 8.55% | 66 Neutral | |
| Kinder Morgan | 7.28% | $11.00M | $57.62B | 4.27% | 68 Neutral | |
| Enterprise Products Partners | 6.70% | $10.12M | $67.38B | 6.36% | 74 Outperform | |
| DT Midstream | 5.10% | $7.71M | $10.81B | 19.17% | 69 Neutral | |
| TC Energy | 5.01% | $7.57M | C$73.07B | 8.39% | 76 Outperform | |
| Pembina Pipeline | 4.93% | $7.45M | $21.83B | -10.40% | 65 Neutral | |
| MPLX | 4.92% | $7.44M | $51.25B | 13.34% | 78 Outperform | |
| Oneok | 4.86% | $7.35M | $42.32B | -30.12% | 74 Outperform |
MDST Technical Analysis
Negative
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Price Trends
26.29
Negative
26.20
Negative
25.89
Negative
Market Momentum
-0.23
Positive
35.24
Neutral
22.13
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For MDST, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 25.98, equal to the 50-day MA of 26.29, and equal to the 200-day MA of 25.89, indicating a bearish trend. The MACD of -0.23 indicates Positive momentum. The RSI at 35.24 is Neutral, neither overbought nor oversold. The STOCH value of 22.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MDST.
MDST Peer Comparison
Comparison Results
Performance Comparison
MDST
Westwood Salient Enhanced Midstream Income ETF
25.44
1.63
6.85%
EMLP
First Trust North American Energy Infrastructure Fund
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IETC
iShares Evolved US Technology ETF
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UMI
USCF Midstream Energy Income Fund ETF
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PIPE
Invesco SteelPath MLP & Energy Infrastructure ETF
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WEEI
Westwood Salient Enhanced Energy Income ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
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.Date of analysis: ―
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