MDST vs. EIPI ETF Comparison
Comparison of Westwood Salient Enhanced Midstream Income ETF (MDST) to FT Energy Income Partners Enhanced Income ETF (EIPI)
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
$28.00
Average Daily Volume
17,339
18
EIPI
FT Energy Income Partners Enhanced Income ETF
EIPI Description
Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in securities of, and/or investments that provide exposure to, Energy Companies. The fund"s investments will be concentrated (i.e., invest more than 25% of fund assets) in any one industry or group of industries constituting the energy sector. The fund is non-diversified.Grade (RS Rating)
Last Trade
$20.65
Average Daily Volume
91,951
54
Performance
| Period | MDST | EIPI |
|---|---|---|
| 30 Days | 7.86% | 6.22% |
| 60 Days | 8.31% | 6.50% |
| 90 Days | 9.80% | 9.05% |
| 12 Months |
11 Overlapping Holdings
| Symbol | Grade | Weight in MDST | Weight in EIPI | Overlap | |
|---|---|---|---|---|---|
| DTM | B | 5.91% | 3.66% | 3.66% | |
| EPD | A | 8.12% | 8.79% | 8.12% | |
| ET | A | 9.3% | 5.86% | 5.86% | |
| HESM | B | 4.35% | 1.1% | 1.1% | |
| KMI | A | 8.05% | 4.1% | 4.1% | |
| LNG | B | 5.08% | 2.46% | 2.46% | |
| MPLX | A | 4.29% | 4.24% | 4.24% | |
| OKE | A | 5.25% | 6.36% | 5.25% | |
| PAGP | A | 5.98% | 3.06% | 3.06% | |
| TRGP | B | 5.86% | 2.59% | 2.59% | |
| WMB | A | 8.51% | 3.37% | 3.37% |
MDST Underweight 43 Positions Relative to EIPI
| Symbol | Grade | Weight | |
|---|---|---|---|
| TTE | F | -3.36% | |
| PEG | A | -3.04% | |
| XOM | B | -2.94% | |
| CQP | B | -2.83% | |
| SRE | A | -2.65% | |
| AEP | D | -1.97% | |
| BP | D | -1.46% | |
| NFG | A | -1.43% | |
| PPL | B | -1.38% | |
| NEE | D | -1.34% | |
| DTE | C | -1.18% | |
| EQT | B | -1.18% | |
| PAA | B | -1.12% | |
| PWR | A | -1.1% | |
| DUK | C | -1.08% | |
| AES | F | -1.0% | |
| SO | D | -0.93% | |
| WLKP | A | -0.91% | |
| SLB | C | -0.86% | |
| HAL | C | -0.85% | |
| NEP | F | -0.81% | |
| OGS | A | -0.78% | |
| CWEN | C | -0.76% | |
| SUN | B | -0.75% | |
| CNP | B | -0.75% | |
| XEL | A | -0.66% | |
| ETR | B | -0.6% | |
| EVRG | A | -0.56% | |
| D | C | -0.53% | |
| AROC | B | -0.52% | |
| CMS | C | -0.47% | |
| VST | B | -0.41% | |
| NOV | C | -0.38% | |
| AEE | A | -0.29% | |
| USAC | B | -0.29% | |
| FLR | B | -0.26% | |
| WTRG | B | -0.25% | |
| UGI | A | -0.23% | |
| HP | B | -0.22% | |
| IDA | A | -0.21% | |
| ATO | A | -0.17% | |
| CEG | D | -0.11% | |
| WEC | A | -0.06% |
MDST: Top Represented Industries & Keywords
EIPI: Top Represented Industries & Keywords
Compare ETFs
