EINC vs. MDST ETF Comparison
Comparison of VanEck Vectors Energy Income ETF (EINC) to Westwood Salient Enhanced Midstream Income ETF (MDST)
EINC
VanEck Vectors Energy Income ETF
EINC Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® North America Energy Infrastructure Index. The fund will normally invest at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is a rules-based index designed to give investors a means to track the overall performance of North American companies involved in the midstream energy segment, which includes master limited partnerships (MLPs) and corporations involved in oil and gas storage and transportation. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$99.82
Average Daily Volume
7,754
24
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
$27.91
Average Daily Volume
16,630
18
Performance
| Period | EINC | MDST |
|---|---|---|
| 30 Days | 12.83% | 7.19% |
| 60 Days | 15.98% | 8.50% |
| 90 Days | 19.83% | 9.98% |
| 12 Months | 50.67% |
18 Overlapping Holdings
| Symbol | Grade | Weight in EINC | Weight in MDST | Overlap | |
|---|---|---|---|---|---|
| AM | A | 4.26% | 4.73% | 4.26% | |
| DKL | C | 0.17% | 0.37% | 0.17% | |
| DTM | A | 5.23% | 5.91% | 5.23% | |
| ENLC | A | 3.11% | 3.83% | 3.11% | |
| EPD | A | 4.09% | 8.12% | 4.09% | |
| ET | A | 4.24% | 9.3% | 4.24% | |
| GEL | D | 0.33% | 0.33% | 0.33% | |
| HESM | A | 0.85% | 4.35% | 0.85% | |
| KMI | A | 6.24% | 8.05% | 6.24% | |
| KNTK | A | 2.22% | 4.29% | 2.22% | |
| LNG | A | 6.33% | 5.08% | 5.08% | |
| MPLX | A | 4.22% | 4.29% | 4.22% | |
| NEXT | B | 0.79% | 0.05% | 0.05% | |
| OKE | A | 7.33% | 5.25% | 5.25% | |
| PAGP | A | 0.97% | 5.98% | 0.97% | |
| TRGP | A | 5.84% | 5.86% | 5.84% | |
| WES | C | 1.72% | 3.0% | 1.72% | |
| WMB | A | 8.85% | 8.51% | 8.51% |
EINC Underweight 0 Positions Relative to MDST
| Symbol | Grade | Weight |
|---|
EINC: Top Represented Industries & Keywords
MDST: Top Represented Industries & Keywords
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