MDST vs. ENFR ETF Comparison
Comparison of Westwood Salient Enhanced Midstream Income ETF (MDST) to Alerian Energy Infrastructure ETF (ENFR)
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
$28.14
Average Daily Volume
16,088
18
ENFR
Alerian Energy Infrastructure ETF
ENFR Description
The investment seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of its underlying index, the Alerian Energy Infrastructure Index (AMEI) (the "index"). The index is comprised of 30 equity securities of issuers headquartered or incorporated in the United States and Canada that engage in the transportation, storage, and processing of energy commodities ("midstream energy businesses"). The fund will normally invest at least 90% of its total assets in securities that comprise the index (or depositary receipts based on such securities). It is non-diversified.Grade (RS Rating)
Last Trade
$32.10
Average Daily Volume
32,707
19
Performance
| Period | MDST | ENFR |
|---|---|---|
| 30 Days | 5.65% | 9.62% |
| 60 Days | 7.81% | 14.90% |
| 90 Days | 9.72% | 18.50% |
| 12 Months | 50.15% |
18 Overlapping Holdings
| Symbol | Grade | Weight in MDST | Weight in ENFR | Overlap | |
|---|---|---|---|---|---|
| AM | A | 4.73% | 4.43% | 4.43% | |
| DKL | C | 0.37% | 0.14% | 0.14% | |
| DTM | A | 5.91% | 5.79% | 5.79% | |
| ENLC | A | 3.83% | 3.41% | 3.41% | |
| EPD | A | 8.12% | 7.32% | 7.32% | |
| ET | A | 9.3% | 8.89% | 8.89% | |
| GEL | D | 0.33% | 0.34% | 0.33% | |
| HESM | A | 4.35% | 2.72% | 2.72% | |
| KMI | A | 8.05% | 5.69% | 5.69% | |
| KNTK | A | 4.29% | 1.75% | 1.75% | |
| LNG | A | 5.08% | 5.14% | 5.08% | |
| MPLX | A | 4.29% | 4.82% | 4.29% | |
| NEXT | B | 0.05% | 0.59% | 0.05% | |
| OKE | A | 5.25% | 5.19% | 5.19% | |
| PAGP | A | 5.98% | 4.6% | 4.6% | |
| TRGP | A | 5.86% | 5.77% | 5.77% | |
| WES | C | 3.0% | 2.2% | 2.2% | |
| WMB | A | 8.51% | 5.62% | 5.62% |
MDST Overweight 0 Positions Relative to ENFR
| Symbol | Grade | Weight |
|---|
MDST Underweight 1 Positions Relative to ENFR
| Symbol | Grade | Weight | |
|---|---|---|---|
| ANET | C | -0.41% |
MDST: Top Represented Industries & Keywords
ENFR: Top Represented Industries & Keywords
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