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Data as of .

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

Over the year XLFI paid 10.9% of its price in cash against MDST’s 10.0%, though MDST returned more with it reinvested.

Westwood Salient Enhanced Midstream Income ETF and State Street(R) Financial Select Sector SPDR(R) Premium Income ETF.

10.0%MDST cash paid, 1 year
10.9%XLFI cash paid, 1 year
+19.2%MDST total return, 1 year
+5.2%XLFI total return, 1 year

ETFIQ Return Stability Score: XLFI scores higher

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

MDST 43.1XLFI 553.8, 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

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
XLFIAbout even with XLF · 1 year to Sep 18, 2026
XLF+4.8%XLFI+5.2%about even with XLFTotal return, distributions reinvestedXLF+4.8%XLFI+5.2%about even with XLF

What they hold in common

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

Only in each
Only in MDSTOnly in XLFI
ENERGY TRANSFER LP 8.97%STATE STREET FINANCIAL SELECT 99.88%
ENBRIDGE INC 8.79%SSI US GOV MONEY MARKET CLASS 0.48%
WILLIAMS COMPANIES INC (THE) 8.61%STATE STREET FINANCIAL SELECT OCT26 59 CALL -0.00%
ENTERPRISE PRODUCTS PARTNERS LP 6.87%STATE STREET FINANCIAL SELECT OCT26 58 CALL -0.35%
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 18, 2026.

Performance, window by window

MDST and XLFI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
MDSTXLFIMDSTXLFIMDSTXLFI
3 months+4.6%+5.1%2.4%2.4%−15.9 pts+0.4 pts
6 months+5.8%+12.6%4.7%5.5%−4.2 pts−2.2 pts
1 year+19.2%+5.2%10.0%10.9%−28.6 pts+0.4 pts
Since launch+48.9%+8.7%26.1%12.4%+7.3 pts+1.0 pts
Open the live comparison on ETFIQ
MDST and XLFI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
MDST
Westwood Salient Enhanced Midstream Income ETF
Option income on XLE, paying monthly
XLFI
State Street(R) Financial Select Sector SPDR(R) Premium Income ETF
Covered call on XLF, paying monthly
IssuerWestwoodState Street
Strategyoption incomecovered call
BenchmarkEnergy sector (XLE), used as the energy proxyFinancials sector (XLF)
Paysmonthlymonthly
Payout rate, annualized9.3%6.7%
Expense ratio0.80%0.35%
Cash paid, 1 year10.0%10.9%
Price change, 1 year+8.2%−6.2%
Total return, 1 year+19.2%+5.2%
Benchmark return, 1 year+47.8%+4.8%
Ahead or behind−28.6 pts+0.4 pts
Return of capital, latest estimatenot publishednot published
Age892 days415 days
Net assets$247m$10m

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.

XLFI in plain words

Over the year to Sep 18, 2026, XLFI paid 10.9% of its starting value in cash distributions while its price fell 6.2%. With every distribution reinvested, the fund returned +5.2%. Financials sector (XLF) returned +4.8% over the same days, so a holder was about even. At its price on Sep 18, 2026 the latest distribution annualizes to 6.7%, paid monthly.

Questions people ask

Which paid more, MDST or XLFI?
Over the year to Sep 18, 2026, MDST paid 10.0% of its starting price in cash and XLFI paid 10.9%, so XLFI 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 XLFI?
With every distribution reinvested, MDST returned +19.2% and XLFI returned +5.2% over the year to Sep 18, 2026, so MDST returned more.
Which is cheaper, MDST or XLFI?
MDST charges 0.80% a year and XLFI charges 0.35%, so XLFI 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.

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

How every figure is computed · Standards and sources