MFM vs MDST

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

MFM vs MDST - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

MFM

$246M

Winner

MDST

$247M

Expense Ratio

MFM

N/A

MDST

0.80%

Max Drawdown

MFM

59.26%

Winner

MDST

16.16%

Sharpe Ratio

MFM

0.72

Winner

MDST

1.39

5Y Beta

Winner

MFM

0.16

MDST

0.46

P/E Ratio

MFM

N/A

MDST

23.98

Forward P/E

MFM

N/A

MDST

16.53

5Y Dividends CAGR

MFM

-1.90%

MDST

N/A

5Y EPS CAGR

MFM

N/A

MDST

15.65%

P/S Ratio

MFM

N/A

MDST

1.13

P/B Ratio

MFM

N/A

MDST

3.44

MFM vs MDST - Historical Returns

Returns include dividend reinvestment.

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

MFM

-0.84%

Winner

MDST

+1.81%

MFM

-1.41%

Winner

MDST

+5.42%

MFM

+1.55%

Winner

MDST

+16.47%

MFM

+11.35%

Winner

MDST

+21.20%

5Y(CAGR)

MFM

-1.06%

MDST

N/A

10Y(CAGR)

MFM

+1.58%

MDST

N/A

Max(CAGR)

MFM

+4.95%

Winner

MDST

+19.78%

MFM vs MDST - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

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

MFM vs MDST Drawdown Comparison

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

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

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

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

Correlation

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

0.73

-101

Dividend Comparison (2000 - 2026)

MFM vs MDST dividend yield comparison.

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