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 56 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% | 38.95B | Dec 1998 | MDST vs XLE | |
| Fidelity MSCI Energy Index ETF | 0.08% | 2.03B | Oct 2013 | MDST vs FENY | |
| Vanguard Energy ETF | 0.09% | 12.70B | Sep 2004 | MDST vs VDE | |
| Portfolio Building Block Integrated Oil & Gas and ... | 0.13% | 11.66M | 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 44. There are 43 ETFs in the Energy Equities category with higher risk-adjusted ranks, going as high as 93.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Oil Refiners ETF | 93 | 171.68M | Aug 2015 | MDST vs CRAK | |
| VanEck Natural Resources ETF | 89 | 334.74M | Aug 2008 | MDST vs HAP | |
| Tema Electrification ETF | 89 | 693.48M | Dec 2024 | MDST vs VOLT | |
| SPDR S&P Oil & Gas Equipment & Services ETF | 89 | 578.84M | Jun 2006 | MDST vs XES | |
| American Beacon GLG Natural Resources ETF | 89 | 287.08M | Feb 2024 | MDST vs MGNR |
Top Performing MDST Alternatives (YTD)
MDST is at 14.94% YTD. There are 54 ETFs in the Energy Equities category with higher YTD returns, going as high as 51.43%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Vectors Oil Services ETF | 51.43% | 2.37B | Dec 2011 | MDST vs OIH | |
| SPDR S&P Oil & Gas Equipment & Services ETF | 50.69% | 578.84M | Jun 2006 | MDST vs XES | |
| iShares U.S. Oil Equipment & Services ETF | 47.84% | 636.98M | May 2006 | MDST vs IEZ | |
| Invesco Dynamic Oil & Gas Services ETF | 46.18% | 128.85M | Oct 2005 | MDST vs PXJ | |
| WEBs Energy XLE Defined Volatility ETF | 44.98% | — | Jul 2025 | MDST vs DVXE |
Lowest Volatility Alternatives to MDST
MDST has 12.12% 1-year volatility. There are 4 ETFs in the Energy Equities category with lower 1-year volatility, going as low as 9.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ClearBridge Sustainable Infrastructure ETF | 9.00% | 12.46M | Dec 2022 | MDST vs INFR | |
| Macquarie Global Listed Infrastructure ETF | 10.78% | 6.30M | Nov 2023 | MDST vs BILD | |
| FT Energy Income Partners Strategy ETF | 11.17% | 523.56M | Nov 2022 | MDST vs EIPX | |
| Bny Mellon Global Infrastructure Income ETF | 11.59% | 1.08B | Nov 2022 | MDST vs BKGI | |
| Neos MLP & Energy Infrastructure High Income ETF | 13.05% | 643.40M | Dec 2025 | MDST vs MLPI |
Lowest Drawdown Alternatives to MDST
MDST has a 1-year max drawdown of -6.74%. There are 6 ETFs in the Energy Equities category with shallower 1-year drawdowns, going as shallow as -4.12%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Energy Income Partners Strategy ETF | -4.12% | 523.56M | Nov 2022 | MDST vs EIPX | |
| iShares North American Natural Resources ETF | -5.54% | 803.30M | Oct 2001 | MDST vs IGE | |
| Macquarie Global Listed Infrastructure ETF | -6.05% | 6.30M | Nov 2023 | MDST vs BILD | |
| TrueShares Eagle Global Renewable Energy Income ET... | -6.06% | 7.72M | Dec 2022 | MDST vs RNWZ | |
| Bny Mellon Global Infrastructure Income ETF | -6.16% | 1.08B | Nov 2022 | MDST vs BKGI |
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 | 74 | 18.85% | 28.74M | Apr 2024 | MDST vs WEEI |
Often Compared With MDST
Investors most often compare MDST with AMZA, SLNZ, HMSFX. These 20 comparison targets span 13 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