Westwood Salient Enhanced Midstream Income ETF (MDST) belongs to the Energy Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with MDST. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MDST
MDST charges 0.80% annually. There are 77 ETFs in the Energy Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Energy Select Sector SPDR ETF | 0.08% | 38.64B | Dec 1998 | MDST vs XLE | |
| Fidelity MSCI Energy Index ETF | 0.08% | 1.75B | Oct 2013 | MDST vs FENY | |
| Vanguard Energy ETF | 0.09% | 11.00B | Sep 2004 | MDST vs VDE | |
| Portfolio Building Block Integrated Oil & Gas and ... | 0.13% | 416.91M | Nov 2025 | MDST vs PBOG | |
| Global X PureCap MSCI Energy ETF | 0.15% | — | Jul 2025 | MDST vs GXPE |
Best Risk-Adjusted Alternatives to MDST
MDST has a PortfoliosLab risk / return rank of 66. There are 38 ETFs in the Energy Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Oil Refiners ETF | 95 | 251.28M | Aug 2015 | MDST vs CRAK | |
| FT Energy Income Partners Strategy ETF | 93 | 563.46M | Nov 2022 | MDST vs EIPX | |
| Invesco Dynamic Oil & Gas Services ETF | 92 | 61.59M | Oct 2005 | MDST vs PXJ | |
| VanEck Natural Resources ETF | 91 | 301.41M | Aug 2008 | MDST vs HAP | |
| State Street Energy Select Sector SPDR Premium Inc... | 89 | 47.69M | Jul 2025 | MDST vs XLEI |
Top Performing MDST Alternatives (YTD)
MDST is at 18.37% YTD. There are 51 ETFs in the Energy Equities category with higher YTD returns, going as high as 95.09%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| MicroSectors Oil & Gas Exploration & Production 3X... | 95.09% | 65.33M | Nov 2021 | MDST vs OILU | |
| Direxion Daily Energy Bull 2X Shares | 71.01% | 228.84M | Nov 2008 | MDST vs ERX | |
| Direxion Daily Energy Top 5 Bull 2X ETF | 61.53% | 2.82M | Oct 2025 | MDST vs TEXU | |
| WEBs Energy XLE Defined Volatility ETF | 50.61% | — | Jul 2025 | MDST vs DVXE | |
| VanEck Oil Refiners ETF | 47.28% | 251.28M | Aug 2015 | MDST vs CRAK |
Lowest Volatility Alternatives to MDST
MDST has 12.69% 1-year volatility. There are 5 ETFs in the Energy Equities category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Solar ETF | 0.00% | 5.05M | Sep 2021 | MDST vs RAYS | |
| Macquarie Global Listed Infrastructure ETF | 11.00% | 6.30M | Nov 2023 | MDST vs BILD | |
| FT Energy Income Partners Strategy ETF | 11.44% | 563.46M | Nov 2022 | MDST vs EIPX | |
| Bny Mellon Global Infrastructure Income ETF | 11.58% | 1.31B | Nov 2022 | MDST vs BKGI | |
| TrueShares Eagle Global Next Gen Power Infrastruct... | 12.56% | 5.84M | Dec 2022 | MDST vs PWRZ |
Lowest Drawdown Alternatives to MDST
MDST has a 1-year max drawdown of -5.98%. There is 1 ETF in the Energy Equities category with a shallower 1-year drawdown, going as shallow as -5.17%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Energy Income Partners Strategy ETF | -5.17% | 563.46M | Nov 2022 | MDST vs EIPX | |
| Macquarie Global Listed Infrastructure ETF | -6.05% | 6.30M | Nov 2023 | MDST vs BILD | |
| Bny Mellon Global Infrastructure Income ETF | -6.16% | 1.31B | Nov 2022 | MDST vs BKGI | |
| Tortoise Electrification Infrastructure ETF | -6.63% | 129.10M | Dec 2024 | MDST vs TPZ | |
| Tortoise North American Pipeline Fund | -6.84% | 685.69M | Jun 2015 | MDST vs TPYP |
Other ETFs from Westwood
The 1 most viewed Westwood ETFs shown here include WEEI and span 1 categories. AUM among these funds goes as high as $29M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Westwood Salient Enhanced Energy Income ETF | Energy Equities | 78 | 20.96% | 28.74M | Apr 2024 | MDST vs WEEI |
Often Compared With MDST
Investors most often compare MDST with MLPI, SLNZ, AMZA. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare MDST with Any Fund or Stock
Compare MDST with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MDST with funds that move differently
Westwood Salient Enhanced Midstream Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MDST.
Explore MDST Diversifiers