IGR vs MDST
CBRE Global Real Estate Income Fund vs Westwood Salient Enhanced Midstream Income ETF
Which is better, IGR 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 | IGR | MDST |
|---|---|---|
| Expense Ratio | 3.62% | 0.80%Best |
| AUM | $614M | $280M |
| Dividend Yield | 17.81% | 9.91% |
| Holdings | 83 | 239 |
| YTD Return | +0.20% | +10.13%Best |
| 1Y Return | -6.07% | +16.44%Best |
| 3Y Return (annualized) | +11.11% | - |
| 5Y Return (annualized) | -4.50% | - |
| Volatility (annualized) | 25.6% | 13.8%Best |
| Max Drawdown | -29.5% | -14.2%Best |
| $10,000 over 2.6 years | $10,614 | $14,014Best |
| Fund Family | CBRE Investment Management | Westwood Funds |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Mid Cap Blend |
| Inception | Feb 18, 2004 | Apr 8, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Apr 9, 2024 to Nov 6, 2026 (2.6 years).
IGR 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 2.6 years both funds cover.
IGR vs MDST Performance
CBRE Global Real Estate Income Fund (IGR) is an ETF from CBRE Investment Management and Westwood Salient Enhanced Midstream Income ETF (MDST) is an ETF from Westwood Funds. Over the past year IGR returned -6.07% while MDST returned +16.44%. Year to date, IGR is up 0.20% versus a gain of 10.13% for MDST.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IGR has been the more volatile fund, with annualized monthly volatility of 25.6% compared with 13.8% 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 -29.5% for IGR 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 0.27. They move largely independently of each other.
Fees and Cost Over Time
IGR charges 3.62% per year while MDST charges 0.80%. On a $10,000 position that is $362 vs $80 annually, a gap of $282 per year that compounds over a long holding period. On income, IGR currently yields 17.81% against 9.91% for MDST.
Holdings Overlap
We hold position weights for 81 holdings in IGR and 25 in MDST, totalling 143.8% and 98.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 107 days apart, IGR as of Jun 30, 2026 and MDST as of Oct 15, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 81 positions we hold weights for in IGR and 25 in MDST, against full books of 83 and 239.
You are not choosing between two funds in isolation.
Whichever of IGR 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, IGR or MDST?
IGR has an expense ratio of 3.62% while MDST charges 0.80%. MDST is the cheaper option, by $282 a year on a $10,000 investment.
Which performed better, IGR or MDST?
Over the past year IGR returned -6.07% vs +16.44% 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, IGR or MDST?
IGR has been the more volatile fund at 25.6% annualized versus 13.8% for MDST. Worst drawdown: IGR -29.5% vs MDST -14.2%.
Should I hold both IGR and MDST?
IGR and MDST have a monthly-return correlation of 0.27, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IGR or MDST?
IGR yields 17.81% while MDST yields 9.91%, so IGR currently pays the higher dividend yield.
Is MDST better than IGR?
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.