DYNI vs. MDST ETF Comparison

Comparison of IDX Dynamic Innovation ETF (DYNI) to Westwood Salient Enhanced Midstream Income ETF (MDST)

DYNI

IDX Dynamic Innovation ETF

DYNI Description

The fund's advisor utilizes a "fund of funds" structure to invest in theme-based equity exchange traded funds ("ETFs" or "underlying funds"). It generally intends to be fully invested in equity ETFs. The fund's advisor focuses its research primarily on identifying emerging, innovative and disruptive themes that have a large market demand or "addressable market." It rotates among themes with large addressable markets which may range from nascent technologies to those on the cusp of widespread adoption and buys securities of ETFs investing in those themes. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.87

Average Daily Volume

5,456

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MDST

Westwood Salient Enhanced Midstream Income ETF

MDST Description

MDST invests North American midstream investments while employing a covered call strategy. The actively managed fund targets investment grade, midstream securities from the US and Canada that include companies engaged in the energy infrastructure industry and ancillary businesses. The fund may directly invest up to 25% in US MLPs that are publicly traded and treated as partnerships for federal income tax purposes. The fund employs a bottom-up, research-driven selection process with emphasis on opportunities and growth prospects. In addition, the advisor maintains proprietary business valuation models and analyzes various fundamental and technical factors. To enhance income, the fund writes call options on securities held within the portfolio. It may also use standardized exchange-traded and FLEX options. The fund expects returns from the distribution yield, covered call premiums, cash distribution growth, and potential price appreciation. Single securities are capped at 15%.

Grade (RS Rating)

Last Trade

$26.36

Average Daily Volume

9,648

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DYNI	MDST
30 Days	1.27%	3.93%
60 Days	7.48%	7.13%
90 Days	-6.50%	6.66%
12 Months

0 Overlapping Holdings

	Symbol	Grade	Weight in DYNI	Weight in MDST	Overlap

DYNI Overweight 4 Positions Relative to MDST

Symbol	Grade	Weight
XLU	A	31.95%
IXN	B	27.33%
IYW	B	26.73%
BLOK	B	14.0%

DYNI Underweight 8 Positions Relative to MDST

Symbol	Grade	Weight
ET	A	-9.25%
WMB	A	-8.89%
EPD	A	-8.11%
KMI	A	-7.84%
PAGP	B	-6.62%
OKE	A	-4.98%
DTM	A	-4.93%
LNG	A	-4.88%

DYNI: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Exchange Traded Funds Index Fund Advisorshares Electric Utilities Gas Utilities Information Technology Sector Investor Multi Utilities Power Producer S&P Dow Jones S&P Global Utilities Select Sector Index

MDST: Top Represented Industries & Keywords

Industries: Oil & Gas Midstream