MDST vs PBE

Comparison between Westwood Salient Enhanced Midstream Income ETF (MDST, ETF) and INVESCO BIOTECHNOLOGY & GENOME ETF (PBE, ETF).

MDST is from the Energy sector, while PBE is from the Healthcare sector.

MDST vs PBE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MDST(ETF)	PBE(ETF)
Net Assets	$247M	$247M
Expense Ratio	0.80%	0.58%
Max Drawdown	16.16%	45.69%
Sharpe Ratio	1.39	1.34
5Y Beta	0.46	0.76
P/E Ratio	23.98	34.32
Forward P/E	16.53	18.77
5Y Dividends CAGR	N/A	98.81%
5Y EPS CAGR	15.65%	13.01%
Debt to Equity	N/A	55.71%
P/S Ratio	1.13	4.97
P/B Ratio	3.44	4.45

Net Assets

MDST

$247M

Winner

PBE

$247M

Expense Ratio

MDST

0.80%

Winner

PBE

0.58%

Max Drawdown

Winner

MDST

16.16%

PBE

45.69%

Sharpe Ratio

Winner

MDST

1.39

PBE

1.34

5Y Beta

Winner

MDST

0.46

PBE

0.76

P/E Ratio

Winner

MDST

23.98

PBE

34.32

Forward P/E

Winner

MDST

16.53

PBE

18.77

5Y Dividends CAGR

MDST

N/A

PBE

98.81%

5Y EPS CAGR

Winner

MDST

15.65%

PBE

13.01%

Debt to Equity

MDST

N/A

PBE

55.71%

P/S Ratio

Winner

MDST

1.13

PBE

4.97

P/B Ratio

Winner

MDST

3.44

PBE

4.45

MDST vs PBE - Holdings Comparison

MDST and PBE have 1 common holdings. Overlap is -0.37%

MDST's top 25 holdings weight is 102.67%. PBE's top 25 holdings weight is 89.56%.

Rank	MDST	PBE
#1	ENBRIDGE INC (n/a) - 9.10%	UNITED THERAPEUTICS CORP (UTHR) - 6.14%
#2	ENERGY TRANSFER LP (ET) - 8.82%	ILLUMINA INC (ILMN) - 5.94%
#3	WILLIAMS COMPANIES INC (WMB) - 8.76%	BIOGEN INC (BIIB) - 4.98%
#4	ENTERPRISE PRODUCTS PARTNERS LP (EPD) - 6.95%	INCYTE CORP (INCY) - 4.83%
#5	DT MIDSTREAM INC ORDINARY SHARES (DTM) - 6.49%	GILEAD SCIENCES INC (GILD) - 4.55%
#6	KINDER MORGAN INC CLASS P (KMI) - 5.74%	ALNYLAM PHARMACEUTICALS INC (ALNY) - 4.46%
#7	SOUTH BOW CORP (n/a) - 5.43%	AMGEN INC (AMGN) - 4.41%
#8	TC ENERGY CORP (n/a) - 4.94%	REGENERON PHARMACEUTICALS INC (REGN) - 4.13%
#9	PEMBINA PIPELINE CORP (n/a) - 4.90%	TG THERAPEUTICS INC (TGTX) - 3.57%
#10	ONEOK INC (OKE) - 4.83%	CATALYST PHARMACEUTICALS INC (CPRX) - 3.55%
#11	TARGA RESOURCES CORP (TRGP) - 4.67%	VERACYTE INC (VCYT) - 3.40%
#12	PLAINS GP HOLDINGS LP CLASS A (PAGP) - 4.59%	ARROWHEAD PHARMACEUTICALS INC (ARWR) - 3.39%
#13	ANTERO MIDSTREAM CORP (AM) - 4.44%	NEUROCRINE BIOSCIENCES INC (NBIX) - 3.26%
#14	MPLX LP PARTNERSHIP UNITS (MPLX) - 4.38%	ROYALTY PHARMA PLC CLASS A (RPRX) - 3.25%
#15	CHENIERE ENERGY INC (LNG) - 4.37%	PROTAGONIST THERAPEUTICS INC (PTGX) - 3.14%
#16	HESS MIDSTREAM LP CLASS A (HESM) - 4.19%	CAREDX INC (CDNA) - 3.07%
#17	KINETIK HOLDINGS INC (KNTK) - 3.08%	BIOCRYST PHARMACEUTICALS INC (BCRX) - 3.05%
#18	WESTERN MIDSTREAM PARTNERS LP (WES) - 2.49%	EXELIXIS INC (EXEL) - 3.04%
#19	n/a (VG) - 1.49%	PTC THERAPEUTICS INC (PTCT) - 2.69%
#20	US DOLLARS (n/a) - 1.12%	HALOZYME THERAPEUTICS INC (HALO) - 2.68%
#21	NEXTDECADE CORP (NEXT) - 0.92%	VERICEL CORP (VCEL) - 2.51%
#22	DELEK LOGISTICS PARTNERS LP (DKL) - 0.44%	IONIS PHARMACEUTICALS INC (IONS) - 2.44%
#23	SELECT WATER SOLUTIONS INC CLASS A (WTTR) - 0.39%	ACADIA PHARMACEUTICALS INC (ACAD) - 2.37%
#24	GENESIS ENERGY LP (GEL) - 0.14%	THERAVANCE BIOPHARMA INC (TBPH) - 2.36%
#25	KMI US 06/18/26 C33 (n/a) - 0.00%	REPLIGEN CORP (RGEN) - 2.35%
Total Holdings	108	33

MDST vs PBE - Historical Returns

Returns include dividend reinvestment.

Period	MDST	PBE
1 month	+1.81%	+3.45%
3 months	+5.42%	+6.06%
6 months	+16.47%	+2.77%
1 year	+21.20%	+31.27%
5 years(CAGR)	N/A	+3.29%
10 years(CAGR)	N/A	+7.50%
Max(CAGR)	+19.78%	+8.87%

MDST

+1.81%

Winner

PBE

+3.45%

MDST

+5.42%

Winner

PBE

+6.06%

Winner

MDST

+16.47%

PBE

+2.77%

MDST

+21.20%

Winner

PBE

+31.27%

5Y(CAGR)

MDST

N/A

PBE

+3.29%

10Y(CAGR)

MDST

N/A

PBE

+7.50%

Max(CAGR)

Winner

MDST

+19.78%

PBE

+8.87%

MDST vs PBE - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

Year	MDST	PBE
2026	+16.38%	+1.48%
2025	+5.61%	+23.76%
2024	+17.22%	-0.05%
2023	N/A	+4.60%
2022	N/A	-11.11%
2021	N/A	+1.21%
2020	N/A	+25.68%
2019	N/A	+18.35%
2018	N/A	-2.62%
2017	N/A	+20.54%
2016	N/A	-20.66%
2015	N/A	+1.36%
2014	N/A	+36.45%
2013	N/A	+57.53%
2012	N/A	+13.17%
2011	N/A	-7.24%
2010	N/A	+29.99%
2009	N/A	+19.16%
2008	N/A	-25.84%
2007	N/A	+6.24%
2006	N/A	+0.45%
2005	N/A	+17.45%

MDST vs PBE Drawdown Comparison

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

The maximum drawdown for PBE was -45.69%, occurring on Mar 9, 2009. Recovery took 644 trading sessions.

The current MDST drawdown is -1.35%. The current PBE drawdown is -2.53%.

Rank	MDST	PBE
#1	-14.19% Apr 2, 2025 - Jul 31, 2025	-45.69% Oct 15, 2007 - May 6, 2010
#2	-7.50% Jan 21, 2025 - Apr 2, 2025	-44.56% Jul 17, 2015 - Jul 20, 2020
#3	-7.20% Nov 29, 2024 - Jan 14, 2025	-37.84% Feb 8, 2021 - Nov 26, 2025
#4	-6.75% Jul 31, 2025 - Dec 4, 2025	-35.71% May 6, 2010 - Apr 2, 2013
#5	-4.99% May 19, 2026 - May 29, 2026	-21.12% Feb 27, 2006 - Apr 23, 2007
#6	-4.30% Mar 27, 2026 - Apr 30, 2026	-18.86% Feb 24, 2014 - Aug 25, 2014
#7	-4.21% Jul 22, 2024 - Aug 19, 2024	-14.38% Jul 20, 2020 - Nov 27, 2020
#8	-3.67% Apr 9, 2024 - Apr 25, 2024	-11.73% Jan 7, 2026 - Mar 27, 2026
#9	-3.16% May 4, 2026 - May 13, 2026	-10.65% Mar 19, 2015 - Jun 18, 2015
#10	-3.11% Dec 4, 2025 - Jan 2, 2026	-10.08% Sep 12, 2005 - Nov 17, 2005
#11	-3.01% May 20, 2024 - Jun 24, 2024	-9.07% Apr 25, 2007 - Sep 26, 2007
#12	-2.73% Jan 2, 2026 - Jan 16, 2026	-8.60% Aug 29, 2014 - Oct 23, 2014
#13	-2.67% Sep 23, 2024 - Oct 3, 2024	-7.84% May 28, 2013 - Jul 5, 2013
#14	-2.35% Aug 30, 2024 - Sep 16, 2024	-7.21% Nov 29, 2013 - Jan 7, 2014
#15	-2.30% Apr 25, 2024 - May 7, 2024	-6.59% Oct 2, 2013 - Oct 24, 2013

Correlation

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

0.73

-101

Dividend Comparison (2009 - 2026)

MDST vs PBE dividend yield comparison.

Year	MDST	PBE
2026	4.56%	0.10%
2025	10.22%	1.00%
2024	6.60%	0.05%
2023	0.00%	0.02%
2020	0.00%	0.04%
2018	0.00%	0.00%
2017	0.00%	0.57%
2016	0.00%	0.38%
2015	0.00%	1.12%
2014	0.00%	0.55%
2009	0.00%	0.45%