Data as of .
MDST vs NDIV: which paid, and which earned it?
Over the year MDST paid 10.0% of its price in cash against NDIV’s 9.8%, though NDIV returned more with it reinvested.
ETFIQ Return Stability Score: NDIV scores higher
Was the payout funded by returns, or by your own capital?
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
What they hold in common
By the books each fund has filed, MDST and NDIV hold 21% of their money in the same securities at the same weight.
| Holding | MDST | NDIV |
|---|---|---|
| ONEOK INC | 5.00% | 4.66% |
| SOUTH BOW CORP | 4.92% | 4.41% |
| ENBRIDGE INC | 8.79% | 3.98% |
| KINETIK HOLDINGS INC | 3.11% | 4.94% |
| WESTERN MIDSTREAM PARTNERS LP | 2.38% | 0.90% |
| HESS MIDSTREAM LP | 4.08% | 0.86% |
| MPLX LP | 4.42% | 0.80% |
| ENERGY TRANSFER LP | 8.97% | 0.75% |
| ENTERPRISE PRODUCTS PARTNERS LP | 6.87% | 0.64% |
| DELEK LOGISTICS PARTNERS LP | 0.46% | 0.90% |
| GENESIS ENERGY LP | 0.15% | 0.51% |
| Only in MDST | Only in NDIV |
|---|---|
| WILLIAMS COMPANIES INC (THE) 8.61% | Crescent Energy Co 6.55% |
| DT MIDSTREAM INC 6.43% | Northern Oil & Gas Inc 6.04% |
| KINDER MORGAN INC 5.64% | Anglogold Ashanti Plc 5.59% |
| CHENIERE ENERGY INC 5.05% | Petroleo Brasileiro SA - Petrobras 5.38% |
| TC ENERGY CORP 4.91% | Sunococorp LLC 5.23% |
| PEMBINA PIPELINE CORP 4.65% | TotalEnergies SE 5.15% |
| TARGA RESOURCES CORP 4.44% | CVR Partners LP 5.13% |
| ANTERO MIDSTREAM CORP 4.43% | BP PLC 5.08% |
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 and Sep 21, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| MDST | NDIV | MDST | NDIV | MDST | NDIV | |
| 3 months | +4.6% | +10.3% | 2.4% | 3.0% | −15.9 pts | −10.2 pts |
| 6 months | +5.8% | +5.6% | 4.7% | 5.5% | −4.2 pts | −4.3 pts |
| 1 year | +19.2% | +31.4% | 10.0% | 9.8% | −28.6 pts | −16.4 pts |
| 3 years | not published | +57.5% | not published | 22.6% | not published | +3.6 pts |
| Since launch | +48.9% | +78.3% | 26.1% | 30.8% | +7.3 pts | +1.2 pts |
| MDST Westwood Salient Enhanced Midstream Income ETF Option income on XLE, paying monthly | NDIV Amplify Energy & Natural Resources Covered Call ETF Covered call on XLE, paying monthly | |
|---|---|---|
| Issuer | Westwood | Amplify |
| Strategy | option income | covered call |
| Benchmark | Energy sector (XLE), used as the energy proxy | Energy sector (XLE), used as the energy proxy |
| Pays | monthly | monthly |
| Payout rate, annualized | 9.3% | 12.1% |
| Expense ratio | 0.80% | 0.59% |
| Cash paid, 1 year | 10.0% | 9.8% |
| Price change, 1 year | +8.2% | +20.4% |
| Total return, 1 year | +19.2% | +31.4% |
| Benchmark return, 1 year | +47.8% | +47.8% |
| Ahead or behind | −28.6 pts | −16.4 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 892 days | 1486 days |
| Net assets | $247m | $32m |
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.
NDIV in plain words
Over the year to Sep 18, 2026, NDIV paid 9.8% of its starting value in cash distributions while its price rose 20.4%. With every distribution reinvested, the fund returned +31.4%. Energy sector (XLE), used as the energy proxy returned +47.8% over the same days, so a holder was behind by 16.4 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 12.1%, paid monthly.
Questions people ask
- Which paid more, MDST or NDIV?
- Over the year to Sep 18, 2026, MDST paid 10.0% of its starting price in cash and NDIV paid 9.8%, so MDST paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, MDST or NDIV?
- With every distribution reinvested, MDST returned +19.2% and NDIV returned +31.4% over the year to Sep 18, 2026, so NDIV returned more.
- Which is cheaper, MDST or NDIV?
- MDST charges 0.80% a year and NDIV charges 0.59%, so NDIV 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.
Cite this page. ETFIQ, MDST against NDIV, data as of Sep 18, 2026. https://etfiq.com/compare/income/mdst-vs-ndiv Free to use with attribution; the underlying files are at Open data.