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Data as of .

GPTY vs MDST: which paid, and which earned it?

Over the year GPTY paid 34.0% of its price in cash against MDST’s 10.0%, and returned more with it reinvested.

YieldMax(R) AI & Tech Portfolio Option Income ETF and Westwood Salient Enhanced Midstream Income ETF.

34.0%GPTY cash paid, 1 year
10.0%MDST cash paid, 1 year
+32.4%GPTY total return, 1 year
+19.2%MDST total return, 1 year

ETFIQ Return Stability Score: MDST scores higher

Was the payout funded by returns, or by your own capital?

GPTY 37.6MDST 43.13.8, the lowest in this set96.8, the highest

A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

GPTY5.7 pts behind XLK · 1 year to Sep 18, 2026
XLK+38.0%GPTY+32.4%34.0% of it arrived as cash5.7 pts behind XLKTotal return, distributions reinvestedXLK+38.0%GPTY+32.4%34.0% as cash5.7 pts behind XLK
MDST28.6 pts behind XLE · 1 year to Sep 18, 2026
XLE+47.8%MDST+19.2%10.0% as cash28.6 pts behind XLETotal return, distributions reinvestedXLE+47.8%MDST+19.2%28.6 pts behind XLE

What they hold in common

By the books each fund has filed, GPTY and MDST hold 0% of their money in the same securities at the same weight.

Only in each
Only in GPTYOnly in MDST
Intel Corp 9.47%ENERGY TRANSFER LP 8.97%
Advanced Micro Devices Inc 6.95%ENBRIDGE INC 8.79%
Alphabet Inc 6.81%WILLIAMS COMPANIES INC (THE) 8.61%
NVIDIA Corp 6.73%ENTERPRISE PRODUCTS PARTNERS LP 6.87%
Marvell Technology Inc 5.60%DT MIDSTREAM INC 6.43%
TSMC 5.52%KINDER MORGAN INC 5.64%
Broadcom Inc 4.82%CHENIERE ENERGY INC 5.05%
Palantir Technologies Inc 4.37%ONEOK INC 5.00%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026.

Performance, window by window

GPTY and MDST over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
GPTYMDSTGPTYMDSTGPTYMDST
3 months−1.3%+4.6%8.2%2.4%−0.5 pts−15.9 pts
6 months+40.4%+5.8%22.2%4.7%−0.1 pts−4.2 pts
1 year+32.4%+19.2%34.0%10.0%−5.7 pts−28.6 pts
Since launch+53.2%+48.9%51.0%26.1%−4.9 pts+7.3 pts
Open the live comparison on ETFIQ
GPTY and MDST on the same fields, as of Sep 18, 2026. Source: ETFIQ.
GPTY
YieldMax(R) AI & Tech Portfolio Option Income ETF
Synthetic covered call on XLK, paying weekly
MDST
Westwood Salient Enhanced Midstream Income ETF
Option income on XLE, paying monthly
IssuerYieldMaxWestwood
Strategysynthetic covered calloption income
BenchmarkTechnology sector (XLK)Energy sector (XLE), used as the energy proxy
Paysweeklymonthly
Payout rate, annualized35.3%9.3%
Expense ratio1.06%0.80%
Cash paid, 1 year34.0%10.0%
Price change, 1 year−8.1%+8.2%
Total return, 1 year+32.4%+19.2%
Benchmark return, 1 year+38.0%+47.8%
Ahead or behind−5.7 pts−28.6 pts
Return of capital, latest estimate94%not published
Age603 days892 days
Net assets$126m$247m

GPTY in plain words

Over the year to Sep 18, 2026, GPTY paid 34.0% of its starting value in cash distributions while its price fell 8.1%. With every distribution reinvested, the fund returned +32.4%. Technology sector (XLK) returned +38.0% over the same days, so a holder was behind by 5.7 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 35.3%, paid weekly. YieldMax estimates that 94% of the distribution paid Sep 17, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

MDST in plain words

Over the year to Sep 18, 2026, MDST paid 10.0% of its starting value in cash distributions while its price rose 8.2%. With every distribution reinvested, the fund returned +19.2%. Energy sector (XLE), used as the energy proxy returned +47.8% over the same days, so a holder was behind by 28.6 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.3%, paid monthly.

Questions people ask

Which paid more, GPTY or MDST?
Over the year to Sep 18, 2026, GPTY paid 34.0% of its starting price in cash and MDST paid 10.0%, so GPTY paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, GPTY or MDST?
With every distribution reinvested, GPTY returned +32.4% and MDST returned +19.2% over the year to Sep 18, 2026, so GPTY returned more.
Which is cheaper, GPTY or MDST?
GPTY charges 1.06% a year and MDST charges 0.80%, so MDST is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

GPTY against MDST, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, GPTY against MDST, data as of Sep 18, 2026. https://etfiq.com/compare/income/gpty-vs-mdst Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources