MDST - ETF AI Analysis
Top Page
Westwood Salient Enhanced Midstream Income ETF (MDST)
Rating:67Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has delivered solid gains so far this year and over the past few months, showing positive momentum.
Strong-Performing Top Holdings
Most of the largest positions, such as Energy Transfer, Enbridge, and Williams, have posted strong year-to-date gains, helping drive the fund’s returns.
Focused Midstream Energy Exposure
The fund concentrates on midstream energy companies, which tend to have more stable, fee-based businesses compared with other parts of the energy sector.
Negative Factors
High Sector Concentration
With the vast majority of assets in the energy sector, the ETF is heavily exposed to swings in energy markets and related regulations.
Top Holdings Dominate the Portfolio
A relatively small group of midstream companies makes up a large share of the fund, increasing the impact if any one of them runs into trouble.
Above-Average Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which means more of the returns are used to cover fees instead of going to investors.
MDST vs. SPDR S&P 500 ETF (SPY)
AUM298.02M
RegionNorth America
Expense Ratio0.80%
Beta0.20
IssuerWestwood
Inception DateApr 09, 2024
Dividend Yield9.25%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume53,156
30 Day Avg. Volume61,911
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
32.74Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering25
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
MDST Summary
The Westwood Salient Enhanced Midstream Income ETF (MDST) focuses on energy “midstream” companies that move, store, and process oil and gas, mainly in the U.S. It does not track a traditional index, but instead follows a midstream energy and MLP (Master Limited Partnership) theme. Top holdings include well-known names like Energy Transfer and Enbridge. Investors might consider MDST for its potential steady income from dividends and exposure to essential energy infrastructure. However, because it is heavily concentrated in the energy sector, its value can rise and fall sharply with energy prices and industry conditions.
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
MDST is essentially a midstream energy play, with North American pipeline and infrastructure names steering the ship. Targa Resources, Cheniere Energy, Plains GP, and Oneok have been rising steadily, giving the fund a strong tailwind as investors reward growth projects and solid cash flows. Energy Transfer and Williams are also contributing, though their moves have been more steady than spectacular. On the flip side, Enbridge and DT Midstream have been lagging lately, acting as mild brakes rather than full-on drags in an otherwise upbeat, income-focused energy portfolio.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Energy Transfer | 9.58% | $28.50M | $72.69B | 20.70% | 70 Outperform | |
| Williams Co | 8.30% | $24.68M | $86.72B | 18.93% | 76 Outperform | |
| Enbridge | 7.92% | $23.55M | $107.61B | -0.75% | 69 Neutral | |
| Enterprise Products Partners | 6.99% | $20.78M | $82.25B | 20.84% | 73 Outperform | |
| DT Midstream | 5.60% | $16.66M | $12.75B | 16.90% | 78 Outperform | |
| Kinder Morgan | 5.50% | $16.37M | $68.43B | 14.19% | 68 Neutral | |
| Cheniere Energy | 5.07% | $15.08M | $55.30B | 15.15% | 71 Outperform | |
| Targa Resources | 4.99% | $14.83M | $61.06B | 67.57% | 74 Outperform | |
| Plains GP Holdings | 4.98% | $14.81M | $21.09B | 49.30% | 72 Outperform | |
| Oneok | 4.96% | $14.76M | $58.44B | 26.69% | 82 Outperform |
MDST Technical Analysis
Neutral
―
Price Trends
29.28
Negative
28.87
Positive
27.52
Positive
Market Momentum
-0.01
Positive
46.56
Neutral
26.02
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For MDST, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 29.45, equal to the 50-day MA of 29.28, and equal to the 200-day MA of 27.52, indicating a neutral trend. The MACD of -0.01 indicates Positive momentum. The RSI at 46.56 is Neutral, neither overbought nor oversold. The STOCH value of 26.02 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for MDST.
MDST Peer Comparison
Comparison Results
Performance Comparison
MDST
Westwood Salient Enhanced Midstream Income ETF
29.19
5.00
20.67%
EMLP
First Trust North American Energy Infrastructure Fund
―
―
―
MLPI
NEOS MLP & Energy Infrastructure High Income ETF
―
―
―
UMI
USCF Midstream Energy Income Fund ETF
―
―
―
WEEI
Westwood Salient Enhanced Energy Income ETF
―
―
―
PIPE
Invesco SteelPath MLP & Energy Infrastructure ETF
―
―
―
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.
DisclaimerThis 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: ―
Table of Contents