MDST vs. VDE ETF Comparison
Comparison of Westwood Salient Enhanced Midstream Income ETF (MDST) to Vanguard Energy ETF (VDE)
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
$27.96
Average Daily Volume
16,942
18
VDE
Vanguard Energy ETF
VDE Description
The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/ Energy 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the energy sector, as classified under the Global Industry Classification Standard (GICS). It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.Grade (RS Rating)
Last Trade
$137.15
Average Daily Volume
367,796
101
Performance
| Period | MDST | VDE |
|---|---|---|
| 30 Days | 7.20% | 8.17% |
| 60 Days | 9.17% | 10.58% |
| 90 Days | 9.50% | 8.65% |
| 12 Months | 17.74% |
12 Overlapping Holdings
| Symbol | Grade | Weight in MDST | Weight in VDE | Overlap | |
|---|---|---|---|---|---|
| AM | A | 4.73% | 0.29% | 0.29% | |
| DTM | A | 5.91% | 0.48% | 0.48% | |
| ENLC | A | 3.83% | 0.2% | 0.2% | |
| HESM | B | 4.35% | 0.21% | 0.21% | |
| KMI | A | 8.05% | 2.54% | 2.54% | |
| KNTK | A | 4.29% | 0.13% | 0.13% | |
| LNG | A | 5.08% | 2.32% | 2.32% | |
| NEXT | C | 0.05% | 0.06% | 0.05% | |
| OKE | A | 5.25% | 2.77% | 2.77% | |
| PAGP | A | 5.98% | 0.2% | 0.2% | |
| TRGP | A | 5.86% | 1.84% | 1.84% | |
| WMB | A | 8.51% | 3.3% | 3.3% |
MDST Underweight 89 Positions Relative to VDE
| Symbol | Grade | Weight | |
|---|---|---|---|
| XOM | B | -22.75% | |
| CVX | A | -13.26% | |
| COP | C | -6.63% | |
| EOG | A | -3.65% | |
| SLB | C | -2.96% | |
| MPC | D | -2.82% | |
| PSX | C | -2.73% | |
| VLO | C | -2.25% | |
| BKR | A | -1.98% | |
| HES | B | -1.94% | |
| FANG | C | -1.75% | |
| OXY | D | -1.73% | |
| DVN | F | -1.28% | |
| HAL | C | -1.28% | |
| TPL | A | -1.22% | |
| EQT | B | -0.98% | |
| CTRA | B | -0.94% | |
| MRO | B | -0.85% | |
| FTI | A | -0.62% | |
| OVV | B | -0.56% | |
| APA | D | -0.47% | |
| CHRD | D | -0.43% | |
| AR | B | -0.42% | |
| RRC | B | -0.4% | |
| PR | B | -0.39% | |
| NOV | C | -0.34% | |
| MTDR | B | -0.34% | |
| DINO | D | -0.34% | |
| WFRD | D | -0.32% | |
| CHX | C | -0.3% | |
| CNX | A | -0.3% | |
| SM | B | -0.27% | |
| MUR | D | -0.26% | |
| MGY | A | -0.25% | |
| WHD | B | -0.23% | |
| CIVI | D | -0.21% | |
| CRC | A | -0.2% | |
| NOG | B | -0.2% | |
| UEC | B | -0.2% | |
| HP | C | -0.2% | |
| CEIX | A | -0.2% | |
| BTU | B | -0.2% | |
| RIG | D | -0.19% | |
| VAL | F | -0.19% | |
| AROC | A | -0.18% | |
| PBF | D | -0.17% | |
| PTEN | C | -0.17% | |
| TDW | F | -0.17% | |
| LBRT | D | -0.16% | |
| LEU | C | -0.15% | |
| OII | B | -0.15% | |
| CRGY | B | -0.14% | |
| GPOR | B | -0.12% | |
| WKC | C | -0.11% | |
| GEVO | D | -0.11% | |
| INSW | F | -0.11% | |
| KOS | D | -0.11% | |
| TALO | C | -0.1% | |
| CRK | B | -0.09% | |
| HLX | B | -0.09% | |
| CLB | B | -0.08% | |
| XPRO | D | -0.08% | |
| KRP | B | -0.08% | |
| LPG | F | -0.08% | |
| WTTR | A | -0.08% | |
| PARR | F | -0.07% | |
| AESI | B | -0.07% | |
| DK | C | -0.07% | |
| NFE | D | -0.07% | |
| VTLE | C | -0.06% | |
| VTOL | B | -0.06% | |
| EE | A | -0.06% | |
| NBR | C | -0.06% | |
| REX | D | -0.06% | |
| GPRE | F | -0.06% | |
| CVI | F | -0.05% | |
| RES | D | -0.05% | |
| NR | B | -0.05% | |
| TTI | B | -0.05% | |
| EGY | D | -0.05% | |
| CLNE | F | -0.05% | |
| PUMP | C | -0.05% | |
| WTI | F | -0.04% | |
| REPX | A | -0.04% | |
| HPK | B | -0.04% | |
| BRY | F | -0.04% | |
| GRNT | B | -0.04% | |
| SD | D | -0.04% | |
| BOOM | F | -0.03% |
MDST: Top Represented Industries & Keywords
VDE: Top Represented Industries & Keywords
Compare ETFs
