MDST - ETF AI Analysis
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Westwood Salient Enhanced Midstream Income ETF (MDST)
Rating:68Neutral
Price Target:―
Positive Factors
Strong Top Midstream Holdings
Most of the largest positions have shown strong year-to-date gains, helping support the ETF’s overall performance.
Focused North American Exposure
Concentration in U.S. and Canadian midstream companies gives targeted exposure to a key part of the North American energy infrastructure market.
Solid Year-to-Date Results
The fund’s positive year-to-date performance suggests it has benefited from favorable conditions in the midstream energy space so far this year.
Negative Factors
High Energy Sector Concentration
With nearly all assets in the energy sector, the ETF is heavily exposed to swings in energy prices and industry-specific risks.
Limited Industry Diversification
Minimal exposure outside energy and a small allocation to real estate mean the fund offers little protection if midstream energy falls out of favor.
Relatively High Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which can eat into long-term returns compared with lower-cost alternatives.
MDST Historical Chart
AUM233.75M
RegionNorth America
Expense Ratio0.80%
Beta0.35
IssuerWestwood
Inception DateApr 09, 2024
Dividend Yield9.56%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume63,387
30 Day Avg. Volume60,723
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
30.28Price 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 doesn’t track a set index, but instead selects a mix of midstream energy firms and MLPs, including well-known names like Enbridge and Kinder Morgan. Investors might consider MDST if they want potential income from dividends plus some growth tied to energy infrastructure, rather than betting directly on oil prices. However, it is heavily concentrated in the energy sector, so its value can rise or fall sharply with changes in the energy market.
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 tightly packed with North American midstream energy names, so a handful of pipeline giants really steer the ship. Cheniere Energy has been the standout, powering ahead over the past few months even after a choppy recent stretch. Williams, Enterprise Products Partners, and Oneok have also been steadily pulling their weight, helping keep the fund’s momentum intact. On the softer side, Enbridge and Kinder Morgan have been lagging lately, acting more like brakes than engines, but their rich dividends still support the ETF’s income story.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Energy Transfer | 8.94% | $20.87M | $65.64B | 9.34% | 70 Outperform | |
| Enbridge | 8.92% | $20.81M | C$158.97B | 15.39% | 69 Neutral | |
| Williams Co | 8.59% | $20.04M | $88.27B | 22.28% | 76 Outperform | |
| Enterprise Products Partners | 7.11% | $16.60M | $82.15B | 21.72% | 73 Outperform | |
| DT Midstream | 6.17% | $14.39M | $13.74B | 36.41% | 78 Outperform | |
| Kinder Morgan | 5.75% | $13.41M | $70.62B | 18.21% | 68 Neutral | |
| Oneok | 4.99% | $11.66M | $55.13B | 1.38% | 82 Outperform | |
| Cheniere Energy | 4.98% | $11.61M | $54.02B | 10.25% | 71 Outperform | |
| South Bow Corp | 4.85% | $11.32M | C$9.13B | 26.80% | ― | |
| TC Energy | 4.80% | $11.19M | C$88.28B | 25.04% | 70 Outperform |
MDST Technical Analysis
Positive
―
Price Trends
28.41
Negative
27.20
Positive
26.07
Positive
Market Momentum
-0.08
Positive
48.19
Neutral
78.18
Neutral
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 undefined is equal to the 20-day moving average (MA) of 28.35, equal to the 50-day MA of 28.41, and equal to the 200-day MA of 26.07, indicating a neutral trend. The MACD of -0.08 indicates Positive momentum. The RSI at 48.19 is Neutral, neither overbought nor oversold. The STOCH value of 78.18 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
Performance Comparison
MDST
Westwood Salient Enhanced Midstream Income ETF
28.24
4.04
16.69%
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
―
―
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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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