MDST - ETF AI Analysis
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Westwood Salient Enhanced Midstream Income ETF (MDST)
Rating:71Outperform
Price Target:―
Positive Factors
Solid Core Midstream Holdings
Most of the largest pipeline and midstream positions have shown steady to strong gains this year, helping support the ETF’s overall results.
Focused North American Exposure
The fund is concentrated in U.S. and Canadian companies, giving targeted exposure to the North American energy infrastructure market.
Income-Oriented Energy Strategy
With heavy exposure to established midstream and pipeline operators, the ETF is positioned to generate income from a relatively stable part of the energy sector.
Negative Factors
High Sector Concentration
With almost all assets in the energy sector, the fund is heavily exposed to swings in energy prices and regulatory changes affecting that industry.
Elevated Expense Ratio
The ETF charges a relatively high fee, which can eat into returns over time compared with lower-cost alternatives.
Mixed Performance Among Top Holdings
A few of the largest positions have shown weak or slightly negative performance this year, which can drag on the fund’s overall progress.
MDST vs. SPDR S&P 500 ETF (SPY)
AUM231.51M
RegionNorth America
Expense Ratio0.80%
Beta0.40
IssuerWestwood
Inception DateApr 09, 2024
Dividend Yield9.5%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume72,292
30 Day Avg. Volume62,764
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
29.63Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering22
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. and Canada. It does not track a set index, but instead selects a mix of midstream energy partnerships and corporations. Well-known holdings include Energy Transfer and Enbridge. Investors might consider MDST if they want potential income from dividends plus some growth tied to energy infrastructure, while spreading risk across many companies. A key risk is that it is heavily concentrated in the energy sector, so its price can swing 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 North American midstream energy play, with performance driven by a tight group of pipeline and infrastructure names. Cheniere Energy has been the star of the show lately, surging ahead and giving the fund a strong tailwind, while Targa Resources, Oneok, and Kinder Morgan are also steadily pulling their weight with solid, income-friendly momentum. Enbridge and Energy Transfer remain reliable workhorses, though their recent moves have been more steady than spectacular. DT Midstream has been a bit of a laggard, occasionally tapping the brakes on an otherwise strong, energy-heavy lineup.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Energy Transfer | 8.92% | $20.62M | $66.40B | 1.95% | 70 Outperform | |
| Enbridge | 8.83% | $20.41M | $118.30B | 19.94% | 69 Neutral | |
| Williams Co | 8.47% | $19.58M | $88.91B | 20.16% | 76 Outperform | |
| Enterprise Products Partners | 7.11% | $16.44M | $81.80B | 11.13% | 73 Outperform | |
| DT Midstream | 6.00% | $13.87M | $13.70B | 37.31% | 78 Outperform | |
| Kinder Morgan | 5.96% | $13.78M | $74.60B | 17.11% | 68 Neutral | |
| Cheniere Energy | 5.56% | $12.85M | $59.65B | 20.94% | 71 Outperform | |
| Oneok | 5.19% | $11.99M | $56.93B | -9.94% | 82 Outperform | |
| South Bow Corp | 5.02% | $11.60M | C$9.65B | 25.01% | ― | |
| Antero Midstream | 4.79% | $11.08M | $10.79B | 24.79% | 78 Outperform |
MDST Technical Analysis
Neutral
―
Price Trends
27.96
Positive
26.65
Positive
25.77
Positive
Market Momentum
0.23
Positive
48.07
Neutral
19.66
Positive
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 28.66, equal to the 50-day MA of 27.96, and equal to the 200-day MA of 25.77, indicating a neutral trend. The MACD of 0.23 indicates Positive momentum. The RSI at 48.07 is Neutral, neither overbought nor oversold. The STOCH value of 19.66 is Positive, 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
28.41
3.42
13.69%
EMLP
First Trust North American Energy Infrastructure Fund
―
―
―
UMI
USCF Midstream Energy Income Fund ETF
―
―
―
MLPI
NEOS MLP & Energy Infrastructure High Income ETF
―
―
―
WEEI
Westwood Salient Enhanced Energy Income ETF
―
―
―
PIPE
Invesco SteelPath MLP & Energy Infrastructure ETF
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―
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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.
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: ―
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