Data as of .
MDST vs SEMY: which paid, and which earned it?
MDST and SEMY both write options for income.
What they hold in common
By the books each fund has filed, MDST and SEMY hold 0% of their money in the same securities at the same weight.
| Only in MDST | Only in SEMY |
|---|---|
| ENERGY TRANSFER LP 8.97% | Treasury Bill 50.64% |
| ENBRIDGE INC 8.79% | Treasury Bill 49.36% |
| WILLIAMS COMPANIES INC (THE) 8.61% | |
| ENTERPRISE PRODUCTS PARTNERS LP 6.87% | |
| DT MIDSTREAM INC 6.43% | |
| KINDER MORGAN INC 5.64% | |
| CHENIERE ENERGY INC 5.05% | |
| 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 and Jun 30, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| MDST | SEMY | MDST | SEMY | MDST | SEMY | |
| 3 months | +4.6% | −4.8% | 2.4% | 17.4% | −15.9 pts | +8.4 pts |
| 6 months | +5.8% | +17.5% | 4.7% | 43.7% | −4.2 pts | −31.4 pts |
| 1 year | +19.2% | not published | 10.0% | not published | −28.6 pts | not published |
| Since launch | +48.9% | +33.9% | 26.1% | 71.5% | +7.3 pts | −38.5 pts |
| MDST Westwood Salient Enhanced Midstream Income ETF Option income on XLE, paying monthly | SEMY GraniteShares YieldBOOST Semiconductor ETF Synthetic covered call on SMH, paying weekly | |
|---|---|---|
| Issuer | Westwood | GraniteShares |
| Strategy | option income | synthetic covered call |
| Benchmark | Energy sector (XLE), used as the energy proxy | Semiconductors (SMH) |
| Pays | monthly | weekly |
| Payout rate, annualized | 9.3% | 67.3% |
| Expense ratio | 0.80% | 1.07% |
| Cash paid, 1 year | 10.0% | 71.5% (since launch on Nov 18, 2025) |
| Price change, 1 year | +8.2% | −48.7% |
| Total return, 1 year | +19.2% | +33.9% (since launch on Nov 18, 2025) |
| Benchmark return, 1 year | +47.8% | +72.5% |
| Ahead or behind | −28.6 pts | −38.5 pts |
| Return of capital, latest estimate | not published | 98% |
| Age | 892 days | 304 days |
| Net assets | $247m | $50m |
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.
SEMY in plain words
Over the period since launch on Nov 18, 2025 to Sep 18, 2026, SEMY paid 71.5% of its starting value in cash distributions while its price fell 48.7%. With every distribution reinvested, the fund returned +33.9%. Semiconductors (SMH) returned +72.5% over the same days, so a holder was behind by 38.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 67.3%, paid weekly. GraniteShares estimates that 98% of the distribution paid Aug 25, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
- Which is cheaper, MDST or SEMY?
- MDST charges 0.80% a year and SEMY charges 1.07%, 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.
Cite this page. ETFIQ, MDST against SEMY, data as of Sep 18, 2026. https://etfiq.com/compare/income/mdst-vs-semy Free to use with attribution; the underlying files are at Open data.