FORH vs MDST
Formidable ETF vs Westwood Salient Enhanced Midstream Income ETF
Which is better, FORH or MDST?
MDST has been ahead.
MDST has a lower expense ratio. MDST led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FORH | MDST |
|---|---|---|
| Expense Ratio | 1.19% | 0.80%Best |
| AUM | $19M | $305M |
| Dividend Yield | 1.86% | 10.69% |
| Holdings | 129 | 110 |
| YTD Return | -2.55% | +15.57%Best |
| 1Y Return | -13.00% | +21.87%Best |
| 3Y Return (annualized) | +3.48% | - |
| 5Y Return (annualized) | +0.76% | - |
| Volatility (annualized) | 13.2% | 11.9%Best |
| Max Drawdown | -19.4% | -14.2%Best |
| $10,000 over 2.5 years | $9,965 | $14,630Best |
| Fund Family | Formidable Funds | Westwood Funds |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Mid Cap Blend |
| Inception | Apr 29, 2021 | Apr 8, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Apr 9, 2024 to Oct 14, 2026 (2.5 years).
FORH vs MDST growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.5 years both funds cover.
FORH vs MDST Performance
Formidable ETF (FORH) is an ETF from Formidable Funds and Westwood Salient Enhanced Midstream Income ETF (MDST) is an ETF from Westwood Funds. Over the past year FORH returned -13.00% while MDST returned +21.87%. Year to date, FORH is down 2.55% versus a gain of 15.57% for MDST.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FORH has been the more volatile fund, with annualized monthly volatility of 13.2% compared with 11.9% for MDST. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -19.4% for FORH and -14.2% for MDST. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.35. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FORH charges 1.19% per year while MDST charges 0.80%. On a $10,000 position that is $119 vs $80 annually, a gap of $39 per year that compounds over a long holding period. On income, FORH currently yields 1.86% against 10.69% for MDST.
Holdings Overlap
At least 4.8% of MDST's money is in holdings FORH also owns.
Stated as a floor: for FORH, our book for it covers 83.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
MDST and FORH share little of their money.
1 positions in common, counted across the 38 positions we hold weights for in FORH and 25 in MDST, against full books of 129 and 110.
Top Shared Holdings
| Stock | Weight in FORH | Weight in MDST | Difference |
|---|---|---|---|
| PAGPPlains Gp Hold-a | 2.72% | 4.83% | 2.11% |
You are not choosing between two funds in isolation.
Whichever of FORH and MDST you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FORH or MDST?
FORH has an expense ratio of 1.19% while MDST charges 0.80%. MDST is the cheaper option, by $39 a year on a $10,000 investment.
Which performed better, FORH or MDST?
Over the past year FORH returned -13.00% vs +21.87% for MDST, so MDST leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FORH or MDST?
FORH has been the more volatile fund at 13.2% annualized versus 11.9% for MDST. Worst drawdown: FORH -19.4% vs MDST -14.2%.
Should I hold both FORH and MDST?
FORH and MDST have a monthly-return correlation of 0.35, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between FORH and MDST?
At least 4.8% of MDST's money is in holdings FORH also owns. Our book for FORH is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 38 positions we hold weights for in FORH and 25 in MDST.
Which pays a higher dividend, FORH or MDST?
FORH yields 1.86% while MDST yields 10.69%, so MDST currently pays the higher dividend yield.
Is MDST better than FORH?
MDST has a lower expense ratio. MDST led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.