WTPI vs. MDST
Compare and contrast key facts about WisdomTree Equity Premium Income Fund (WTPI) and Westwood Salient Enhanced Midstream Income ETF (MDST).
WTPI and MDST are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WTPI is a passively managed fund by WisdomTree that tracks the performance of the Volos U.S. Large Cap Target 2.5% PutWrite Index. It was launched on Feb 24, 2016. MDST is an actively managed fund by Westwood. It was launched on Apr 8, 2024.
Performance
WTPI vs. MDST - Performance Comparison
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WTPI vs. MDST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
WTPI WisdomTree Equity Premium Income Fund | -1.66% | 14.45% | 8.75% |
MDST Westwood Salient Enhanced Midstream Income ETF | 11.80% | 7.09% | 17.29% |
Returns By Period
In the year-to-date period, WTPI achieves a -1.66% return, which is significantly lower than MDST's 11.80% return.
WTPI
- 1D
- 2.60%
- 1M
- -3.50%
- YTD
- -1.66%
- 6M
- 1.99%
- 1Y
- 15.64%
- 3Y*
- 13.04%
- 5Y*
- 9.37%
- 10Y*
- 7.80%
MDST
- 1D
- -1.07%
- 1M
- 1.13%
- YTD
- 11.80%
- 6M
- 12.54%
- 1Y
- 13.64%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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WTPI vs. MDST - Expense Ratio Comparison
WTPI has a 0.44% expense ratio, which is lower than MDST's 0.80% expense ratio.
Return for Risk
WTPI vs. MDST — Risk / Return Rank
WTPI
MDST
WTPI vs. MDST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Equity Premium Income Fund (WTPI) and Westwood Salient Enhanced Midstream Income ETF (MDST). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| WTPI | MDST | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.10 | 0.79 | +0.31 |
Sortino ratioReturn per unit of downside risk | 1.65 | 1.07 | +0.58 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.19 | +0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.62 | 0.97 | +0.66 |
Martin ratioReturn relative to average drawdown | 8.70 | 3.74 | +4.96 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| WTPI | MDST | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.10 | 0.79 | +0.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.77 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 1.16 | -0.56 |
Correlation
The correlation between WTPI and MDST is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
WTPI vs. MDST - Dividend Comparison
WTPI's dividend yield for the trailing twelve months is around 12.37%, more than MDST's 9.44% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
WTPI WisdomTree Equity Premium Income Fund | 12.37% | 13.18% | 11.99% | 8.94% | 3.27% | 0.00% | 1.43% | 1.47% | 6.46% | 3.52% | 2.27% |
MDST Westwood Salient Enhanced Midstream Income ETF | 9.44% | 10.22% | 6.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
WTPI vs. MDST - Drawdown Comparison
The maximum WTPI drawdown since its inception was -28.40%, which is greater than MDST's maximum drawdown of -14.19%. Use the drawdown chart below to compare losses from any high point for WTPI and MDST.
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Drawdown Indicators
| WTPI | MDST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.40% | -14.19% | -14.21% |
Max Drawdown (1Y)Largest decline over 1 year | -9.90% | -14.19% | +4.29% |
Max Drawdown (5Y)Largest decline over 5 years | -16.56% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -28.40% | — | — |
Current DrawdownCurrent decline from peak | -4.73% | -1.84% | -2.89% |
Average DrawdownAverage peak-to-trough decline | -3.48% | -2.18% | -1.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.85% | 3.68% | -1.83% |
Volatility
WTPI vs. MDST - Volatility Comparison
WisdomTree Equity Premium Income Fund (WTPI) has a higher volatility of 4.77% compared to Westwood Salient Enhanced Midstream Income ETF (MDST) at 2.15%. This indicates that WTPI's price experiences larger fluctuations and is considered to be riskier than MDST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WTPI | MDST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.77% | 2.15% | +2.62% |
Volatility (6M)Calculated over the trailing 6-month period | 7.82% | 7.62% | +0.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.33% | 17.38% | -3.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.21% | 16.23% | -4.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.23% | 16.23% | -3.00% |