Data as of .
MDST vs XLBI: which paid, and which earned it?
Over the year XLBI paid 14.5% of its price in cash against MDST’s 10.0%, though MDST returned more with it reinvested.
ETFIQ Return Stability Score: XLBI 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 XLBI hold 0% of their money in the same securities at the same weight.
| Only in MDST | Only in XLBI |
|---|---|
| ENERGY TRANSFER LP 8.97% | STATE STREET MATERIALS SELECT 100.63% |
| ENBRIDGE INC 8.79% | SSI US GOV MONEY MARKET CLASS 0.39% |
| WILLIAMS COMPANIES INC (THE) 8.61% | STATE STREET MATERIALS SELECT OCT26 52 C -1.02% |
| 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 Sep 17, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| MDST | XLBI | MDST | XLBI | MDST | XLBI | |
| 3 months | +4.6% | −0.7% | 2.4% | 3.3% | −15.9 pts | +2.4 pts |
| 6 months | +5.8% | +11.1% | 4.7% | 7.2% | −4.2 pts | +3.9 pts |
| 1 year | +19.2% | +8.8% | 10.0% | 14.5% | −28.6 pts | −3.2 pts |
| Since launch | +48.9% | +12.1% | 26.1% | 16.3% | +7.3 pts | −2.4 pts |
| MDST Westwood Salient Enhanced Midstream Income ETF Option income on XLE, paying monthly | XLBI State Street(R) Materials Select Sector SPDR(R) Premium Income ETF Covered call on XLB, paying monthly | |
|---|---|---|
| Issuer | Westwood | State Street |
| Strategy | option income | covered call |
| Benchmark | Energy sector (XLE), used as the energy proxy | Materials (XLB) |
| Pays | monthly | monthly |
| Payout rate, annualized | 9.3% | 11.5% |
| Expense ratio | 0.80% | 0.35% |
| Cash paid, 1 year | 10.0% | 14.5% |
| Price change, 1 year | +8.2% | −6.3% |
| Total return, 1 year | +19.2% | +8.8% |
| Benchmark return, 1 year | +47.8% | +12.0% |
| Ahead or behind | −28.6 pts | −3.2 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 892 days | 415 days |
| Net assets | $247m | $8m |
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.
XLBI in plain words
Over the year to Sep 18, 2026, XLBI paid 14.5% of its starting value in cash distributions while its price fell 6.3%. With every distribution reinvested, the fund returned +8.8%. Materials (XLB) returned +12.0% over the same days, so a holder was behind by 3.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 11.5%, paid monthly.
Questions people ask
- Which paid more, MDST or XLBI?
- Over the year to Sep 18, 2026, MDST paid 10.0% of its starting price in cash and XLBI paid 14.5%, so XLBI 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 XLBI?
- With every distribution reinvested, MDST returned +19.2% and XLBI returned +8.8% over the year to Sep 18, 2026, so MDST returned more.
- Which is cheaper, MDST or XLBI?
- MDST charges 0.80% a year and XLBI charges 0.35%, so XLBI 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 XLBI, data as of Sep 18, 2026. https://etfiq.com/compare/income/mdst-vs-xlbi Free to use with attribution; the underlying files are at Open data.