ZSC vs. MDST ETF Comparison

Comparison of USCF Sustainable Commodity Strategy Fund (ZSC) to Westwood Salient Enhanced Midstream Income ETF (MDST)
ZSC

USCF Sustainable Commodity Strategy Fund

ZSC Description

The fund advisor seeks to provide broad exposure to commodities across three different sustainability focused themes: agriculture, renewable energy and electrification. In order to provide such exposure, the fund will invest primarily in derivatives instruments for which the underlying assets are commodities and equity securities that are economically tied to particular commodities. The fund"s exposure to each of the three sustainability themes will be approximately equally weighted. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.12

Average Daily Volume

40

Number of Holdings *

12

* 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

$27.92

Average Daily Volume

16,942

Number of Holdings *

18

* may have additional holdings in another (foreign) market
Performance
Period ZSC MDST
30 Days -2.32% 7.20%
60 Days -1.41% 9.17%
90 Days 0.57% 9.50%
12 Months -11.15%
0 Overlapping Holdings
Symbol Grade Weight in ZSC Weight in MDST Overlap
ZSC Overweight 12 Positions Relative to MDST
Symbol Grade Weight
ZSB D 34.11%
FSLR F 1.7%
CSIQ F 1.28%
ARRY F 1.16%
NEE C 0.65%
RUN F 0.62%
RNW D 0.6%
TPIC F 0.44%
ORA B 0.35%
ENPH F 0.28%
HXL F 0.26%
AMRC F 0.12%
ZSC Underweight 18 Positions Relative to MDST
Symbol Grade Weight
ET A -9.3%
WMB A -8.51%
EPD A -8.12%
KMI A -8.05%
PAGP A -5.98%
DTM A -5.91%
TRGP A -5.86%
OKE A -5.25%
LNG A -5.08%
AM A -4.73%
HESM B -4.35%
MPLX A -4.29%
KNTK A -4.29%
ENLC A -3.83%
WES C -3.0%
DKL C -0.37%
GEL D -0.33%
NEXT C -0.05%
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