MDST vs MFM

Comparison between Westwood Salient Enhanced Midstream Income ETF (MDST, ETF) and MFS Municipal Income Trust (MFM, ETF).

MDST vs MFM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MDST(ETF)	MFM(ETF)
Net Assets	$247M	$246M
Expense Ratio	0.80%	N/A
Max Drawdown	16.16%	59.26%
Sharpe Ratio	1.39	0.72
5Y Beta	0.46	0.16
P/E Ratio	23.98	N/A
Forward P/E	16.53	N/A
5Y Dividends CAGR	N/A	-1.90%
5Y EPS CAGR	15.65%	N/A
P/S Ratio	1.13	N/A
P/B Ratio	3.44	N/A

Net Assets

Winner

MDST

$247M

MFM

$246M

Expense Ratio

MDST

0.80%

MFM

N/A

Max Drawdown

Winner

MDST

16.16%

MFM

59.26%

Sharpe Ratio

Winner

MDST

1.39

MFM

0.72

5Y Beta

MDST

0.46

Winner

MFM

0.16

P/E Ratio

MDST

23.98

MFM

N/A

Forward P/E

MDST

16.53

MFM

N/A

5Y Dividends CAGR

MDST

N/A

MFM

-1.90%

5Y EPS CAGR

MDST

15.65%

MFM

N/A

P/S Ratio

MDST

1.13

MFM

N/A

P/B Ratio

MDST

3.44

MFM

N/A

MDST vs MFM - Historical Returns

Returns include dividend reinvestment.

Period	MDST	MFM
1 month	+1.81%	-0.84%
3 months	+5.42%	-1.41%
6 months	+16.47%	+1.55%
1 year	+21.20%	+11.35%
5 years(CAGR)	N/A	-1.06%
10 years(CAGR)	N/A	+1.58%
Max(CAGR)	+19.78%	+4.95%

Winner

MDST

+1.81%

MFM

-0.84%

Winner

MDST

+5.42%

MFM

-1.41%

Winner

MDST

+16.47%

MFM

+1.55%

Winner

MDST

+21.20%

MFM

+11.35%

5Y(CAGR)

MDST

N/A

MFM

-1.06%

10Y(CAGR)

MDST

N/A

MFM

+1.58%

Max(CAGR)

Winner

MDST

+19.78%

MFM

+4.95%

MDST vs MFM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MDST	MFM
2026	+16.38%	+2.23%
2025	+5.61%	+6.36%
2024	+17.22%	+7.72%
2023	N/A	+4.52%
2022	N/A	-21.84%
2021	N/A	+9.78%
2020	N/A	-1.42%
2019	N/A	+16.86%
2018	N/A	-5.41%
2017	N/A	+8.63%
2016	N/A	+1.49%
2015	N/A	+8.74%
2014	N/A	+13.39%
2013	N/A	-14.36%
2012	N/A	+14.85%
2011	N/A	+18.24%
2010	N/A	+0.65%
2009	N/A	+70.75%
2008	N/A	-36.78%
2007	N/A	-13.70%
2006	N/A	+11.48%
2005	N/A	+9.19%
2004	N/A	+8.26%
2003	N/A	+13.39%
2002	N/A	-1.94%
2001	N/A	+10.39%
2000	N/A	+13.66%
1999	N/A	-7.97%

MDST vs MFM Drawdown Comparison

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

The maximum drawdown for MFM was -54.24%, occurring on Dec 16, 2008. Recovery took 759 trading sessions.

The current MDST drawdown is -1.35%. The current MFM drawdown is -9.04%.

Rank	MDST	MFM
#1	-14.19% Apr 2, 2025 - Jul 31, 2025	-54.24% Apr 2, 2007 - Apr 7, 2010
#2	-7.50% Jan 21, 2025 - Apr 2, 2025	-34.38% Jul 29, 2021 - Oct 27, 2023
#3	-7.20% Nov 29, 2024 - Jan 14, 2025	-29.37% Feb 14, 2020 - May 6, 2021
#4	-6.75% Jul 31, 2025 - Dec 4, 2025	-24.74% Oct 1, 2012 - Dec 24, 2015
#5	-4.99% May 19, 2026 - May 29, 2026	-15.37% Mar 25, 2004 - Oct 27, 2004
#6	-4.30% Mar 27, 2026 - Apr 30, 2026	-15.26% Oct 29, 2010 - Sep 12, 2011
#7	-4.21% Jul 22, 2024 - Aug 19, 2024	-13.45% Nov 4, 1999 - Jun 2, 2000
#8	-3.67% Apr 9, 2024 - Apr 25, 2024	-12.02% Jul 8, 2016 - Jun 6, 2017
#9	-3.16% May 4, 2026 - May 13, 2026	-11.92% Sep 17, 2001 - Oct 4, 2002
#10	-3.11% Dec 4, 2025 - Jan 2, 2026	-11.67% Jul 13, 2017 - Feb 20, 2019
#11	-3.01% May 20, 2024 - Jun 24, 2024	-10.96% Aug 31, 2000 - Jan 4, 2001
#12	-2.73% Jan 2, 2026 - Jan 16, 2026	-10.86% Oct 4, 2002 - May 9, 2003
#13	-2.67% Sep 23, 2024 - Oct 3, 2024	-10.56% Jun 11, 2003 - Jan 6, 2004
#14	-2.35% Aug 30, 2024 - Sep 16, 2024	-9.57% Sep 13, 2005 - Jan 19, 2006
#15	-2.30% Apr 25, 2024 - May 7, 2024	-8.19% Feb 11, 2005 - May 11, 2005

Correlation

Correlation between MDST and MFM is 0.73 which considered as a strong positive correlation - the stocks tend to move together.

0.73

-101

Dividend Comparison (2000 - 2026)

MDST vs MFM dividend yield comparison.

Year	MDST	MFM
2026	4.56%	2.23%
2025	10.22%	5.08%
2024	6.60%	4.65%
2023	0.00%	4.12%
2022	0.00%	4.85%
2021	0.00%	4.34%
2020	0.00%	4.70%
2019	0.00%	4.71%
2018	0.00%	5.91%
2017	0.00%	5.62%
2016	0.00%	5.72%
2015	0.00%	5.76%
2014	0.00%	6.04%
2013	0.00%	7.08%
2012	0.00%	6.31%
2011	0.00%	7.09%
2010	0.00%	7.86%
2009	0.00%	7.32%
2008	0.00%	11.29%
2007	0.00%	6.82%
2006	0.00%	5.82%
2005	0.00%	6.93%
2004	0.00%	7.10%
2003	0.00%	7.04%
2002	0.00%	7.38%
2001	0.00%	6.92%
2000	0.00%	3.01%