SDP vs. MDST ETF Comparison
Comparison of ProShares UltraShort Utilities (SDP) to Westwood Salient Enhanced Midstream Income ETF (MDST)
SDP
ProShares UltraShort Utilities
SDP Description
The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. UtilitiesSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the utilities sector of the U.S. equity market. Component companies include, among others, electric utilities, gas utilities, multi-utilities and water utilities. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$15.26
Average Daily Volume
35,924
46
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
$27.58
Average Daily Volume
16,088
18
Performance
| Period | SDP | MDST |
|---|---|---|
| 30 Days | 3.53% | 5.65% |
| 60 Days | -1.26% | 7.81% |
| 90 Days | -12.30% | 9.72% |
| 12 Months | -40.79% |
0 Overlapping Holdings
| Symbol | Grade | Weight in SDP | Weight in MDST | Overlap |
|---|
SDP Overweight 46 Positions Relative to MDST
| Symbol | Grade | Weight | |
|---|---|---|---|
| NEE | C | 12.13% | |
| SO | C | 6.91% | |
| D | C | 6.77% | |
| DUK | C | 6.69% | |
| AEP | C | 4.77% | |
| EXC | C | 4.51% | |
| SRE | A | 4.34% | |
| XEL | A | 3.36% | |
| WEC | A | 2.98% | |
| ED | C | 2.94% | |
| PEG | C | 2.93% | |
| ES | C | 2.81% | |
| EIX | C | 2.7% | |
| FE | C | 2.6% | |
| PPL | A | 2.56% | |
| DTE | C | 2.52% | |
| ETR | A | 2.46% | |
| AWK | C | 2.31% | |
| AEE | A | 1.92% | |
| CMS | C | 1.82% | |
| EVRG | A | 1.5% | |
| LNT | A | 1.35% | |
| ATO | A | 1.34% | |
| AES | F | 1.33% | |
| CNP | A | 1.33% | |
| WTRG | B | 1.07% | |
| NI | A | 1.06% | |
| PNW | B | 1.03% | |
| VST | A | 1.01% | |
| NRG | B | 0.95% | |
| UGI | C | 0.91% | |
| MDU | D | 0.58% | |
| IDA | A | 0.54% | |
| HE | C | 0.51% | |
| POR | C | 0.51% | |
| OGS | A | 0.49% | |
| BKH | A | 0.49% | |
| SR | A | 0.42% | |
| ALE | A | 0.42% | |
| SWX | A | 0.41% | |
| NJR | A | 0.41% | |
| PNM | B | 0.4% | |
| NFG | A | 0.38% | |
| NWE | C | 0.37% | |
| AVA | C | 0.32% | |
| AGR | A | 0.28% |
SDP Underweight 18 Positions Relative to MDST
SDP: Top Represented Industries & Keywords
MDST: Top Represented Industries & Keywords
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