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 54 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% | 36.33B | Dec 1998 | MDST vs XLE | |
| Fidelity MSCI Energy Index ETF | 0.08% | 1.75B | Oct 2013 | MDST vs FENY | |
| Vanguard Energy ETF | 0.09% | 11.80B | Sep 2004 | MDST vs VDE | |
| Portfolio Building Block Integrated Oil & Gas and ... | 0.13% | 408.55M | 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 72. There are 13 ETFs in the Energy Equities category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| FT Energy Income Partners Strategy ETF | 91 | 540.66M | Nov 2022 | MDST vs EIPX | |
| Amplify Samsung U.S. Natural Gas Infrastructure ET... | 90 | 7.18M | May 2025 | MDST vs USNG | |
| VanEck Oil Refiners ETF | 89 | 164.75M | Aug 2015 | MDST vs CRAK | |
| Bastion Energy ETF | 87 | — | Jun 2025 | MDST vs BESF | |
| Invesco SteelPath MLP & Energy Infrastructure ETF | 85 | 64.82M | Feb 2025 | MDST vs PIPE |
Top Performing MDST Alternatives (YTD)
MDST is at 18.55% YTD. There are 41 ETFs in the Energy Equities category with higher YTD returns, going as high as 41.45%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| WEBs Energy XLE Defined Volatility ETF | 41.45% | — | Jul 2025 | MDST vs DVXE | |
| Invesco Dynamic Oil & Gas Services ETF | 41.36% | 65.49M | Oct 2005 | MDST vs PXJ | |
| VistaShares Electrification Supercycle ETF | 38.93% | 64.26M | Oct 2025 | MDST vs POW | |
| SPDR S&P Oil & Gas Equipment & Services ETF | 38.81% | 382.22M | Jun 2006 | MDST vs XES | |
| VanEck Oil Refiners ETF | 38.54% | 164.75M | Aug 2015 | MDST vs CRAK |
Lowest Volatility Alternatives to MDST
MDST has 12.80% 1-year volatility. There are 4 ETFs in the Energy Equities category with lower 1-year volatility, going as low as 0.62%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| TrueShares Eagle Global Next Gen Power Infrastruct... | 0.62% | 5.89M | Dec 2022 | MDST vs PWRZ | |
| Macquarie Global Listed Infrastructure ETF | 11.00% | 6.30M | Nov 2023 | MDST vs BILD | |
| FT Energy Income Partners Strategy ETF | 11.46% | 540.66M | Nov 2022 | MDST vs EIPX | |
| Bny Mellon Global Infrastructure Income ETF | 11.71% | 1.14B | Nov 2022 | MDST vs BKGI | |
| NEOS MLP & Energy Infrastructure High Income ETF | 13.34% | 746.33M | Dec 2025 | MDST vs MLPI |
Lowest Drawdown Alternatives to MDST
MDST has a 1-year max drawdown of -6.74%. There are 3 ETFs in the Energy Equities category with shallower 1-year drawdowns, going as shallow as -5.17%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Energy Income Partners Strategy ETF | -5.17% | 540.66M | 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% | 1.14B | Nov 2022 | MDST vs BKGI | |
| Amplify Samsung U.S. Natural Gas Infrastructure ET... | -6.82% | 7.18M | May 2025 | MDST vs USNG | |
| 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 | 53 | 16.10% | 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 8 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