MDST vs FJP

Comparison between Westwood Salient Enhanced Midstream Income ETF (MDST, ETF) and FIRST TRUST JAPAN ALPHADEX FUND (FJP, ETF).

MDST vs FJP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MDST(ETF)	FJP(ETF)
Net Assets	$247M	$247M
Expense Ratio	0.80%	0.80%
Max Drawdown	16.16%	43.93%
Sharpe Ratio	1.39	1.16
5Y Beta	0.46	0.73
P/E Ratio	23.98	N/A
Forward P/E	16.53	N/A
5Y Dividends CAGR	N/A	29.60%
5Y EPS CAGR	15.65%	N/A
P/S Ratio	1.13	N/A
P/B Ratio	3.44	N/A

Net Assets

MDST

$247M

FJP

$247M

Expense Ratio

MDST

0.80%

FJP

0.80%

Max Drawdown

Winner

MDST

16.16%

FJP

43.93%

Sharpe Ratio

Winner

MDST

1.39

FJP

1.16

5Y Beta

Winner

MDST

0.46

FJP

0.73

P/E Ratio

MDST

23.98

FJP

N/A

Forward P/E

MDST

16.53

FJP

N/A

5Y Dividends CAGR

MDST

N/A

FJP

29.60%

5Y EPS CAGR

MDST

15.65%

FJP

N/A

P/S Ratio

MDST

1.13

FJP

N/A

P/B Ratio

MDST

3.44

FJP

N/A

MDST vs FJP - Historical Returns

Returns include dividend reinvestment.

Period	MDST	FJP
1 month	+1.81%	-1.27%
3 months	+5.42%	-0.65%
6 months	+16.47%	+12.54%
1 year	+21.20%	+31.02%
5 years(CAGR)	N/A	+10.15%
10 years(CAGR)	N/A	+7.03%
Max(CAGR)	+19.78%	+5.82%

Winner

MDST

+1.81%

FJP

-1.27%

Winner

MDST

+5.42%

FJP

-0.65%

Winner

MDST

+16.47%

FJP

+12.54%

MDST

+21.20%

Winner

FJP

+31.02%

5Y(CAGR)

MDST

N/A

FJP

+10.15%

10Y(CAGR)

MDST

N/A

FJP

+7.03%

Max(CAGR)

Winner

MDST

+19.78%

FJP

+5.82%

MDST vs FJP - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	MDST	FJP
2026	+16.38%	+10.62%
2025	+5.61%	+33.80%
2024	+17.22%	+6.02%
2023	N/A	+23.73%
2022	N/A	-12.80%
2021	N/A	-0.50%
2020	N/A	+2.15%
2019	N/A	+7.28%
2018	N/A	-18.80%
2017	N/A	+26.81%
2016	N/A	+4.50%
2015	N/A	+5.39%
2014	N/A	-0.84%
2013	N/A	+28.22%
2012	N/A	-4.42%
2011	N/A	-9.31%

MDST vs FJP Drawdown Comparison

The maximum drawdown for MDST was -14.19%, occurring on Apr 8, 2025. Recovery took 82 trading sessions.

The maximum drawdown for FJP was -41.51%, occurring on Mar 16, 2020. Recovery took 1551 trading sessions.

The current MDST drawdown is -1.35%. The current FJP drawdown is -9.00%.

Rank	MDST	FJP
#1	-14.19% Apr 2, 2025 - Jul 31, 2025	-41.51% Jan 23, 2018 - Mar 22, 2024
#2	-7.50% Jan 21, 2025 - Apr 2, 2025	-25.37% Aug 2, 2011 - May 14, 2013
#3	-7.20% Nov 29, 2024 - Jan 14, 2025	-22.46% May 22, 2015 - Mar 13, 2017
#4	-6.75% Jul 31, 2025 - Dec 4, 2025	-17.02% Mar 25, 2025 - May 21, 2025
#5	-4.99% May 19, 2026 - May 29, 2026	-16.43% May 21, 2013 - Jan 17, 2014
#6	-4.30% Mar 27, 2026 - Apr 30, 2026	-15.08% Mar 27, 2024 - Feb 18, 2025
#7	-4.21% Jul 22, 2024 - Aug 19, 2024	-14.43% Feb 25, 2026 - Mar 20, 2026
#8	-3.67% Apr 9, 2024 - Apr 25, 2024	-12.64% Jul 28, 2014 - Feb 20, 2015
#9	-3.16% May 4, 2026 - May 13, 2026	-10.47% Jan 22, 2014 - Jun 18, 2014
#10	-3.11% Dec 4, 2025 - Jan 2, 2026	-7.21% May 10, 2011 - Jul 5, 2011
#11	-3.01% May 20, 2024 - Jun 24, 2024	-6.57% Sep 15, 2025 - Nov 10, 2025
#12	-2.73% Jan 2, 2026 - Jan 16, 2026	-4.37% Jun 27, 2025 - Jul 23, 2025
#13	-2.67% Sep 23, 2024 - Oct 3, 2024	-4.12% Mar 28, 2017 - May 3, 2017
#14	-2.35% Aug 30, 2024 - Sep 16, 2024	-3.98% Nov 14, 2025 - Nov 26, 2025
#15	-2.30% Apr 25, 2024 - May 7, 2024	-3.56% Apr 28, 2015 - May 18, 2015

Correlation

Correlation between MDST and FJP is 0.88 which considered as a strong positive correlation - the stocks tend to move together.

0.88

-101

Dividend Comparison (2011 - 2026)

MDST vs FJP dividend yield comparison.

Year	MDST	FJP
2026	4.56%	0.15%
2025	10.22%	2.68%
2024	6.60%	3.18%
2023	0.00%	3.49%
2022	0.00%	2.21%
2021	0.00%	2.43%
2020	0.00%	0.99%
2019	0.00%	2.80%
2018	0.00%	1.54%
2017	0.00%	1.29%
2016	0.00%	1.46%
2015	0.00%	0.85%
2014	0.00%	1.08%
2013	0.00%	0.70%
2012	0.00%	1.61%
2011	0.00%	0.62%