IVV vs MDST
iShares Core S&P 500 ETF vs Westwood Salient Enhanced Midstream Income ETF
Which is better, IVV or MDST?
Large Cap Blend against Mid Cap Blend.
IVV has a lower expense ratio. IVV led over the full window, MDST over 1Y. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 64.1%.
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 | IVV | MDST |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.80% |
| AUM | $886.7B | $297M |
| Dividend Yield | 1.10% | 9.98% |
| Holdings | 508 | 110 |
| YTD Return | +13.39% | +18.75%Best |
| 1Y Return | +20.08% | +21.82%Best |
| 3Y Return (annualized) | +21.29% | - |
| 5Y Return (annualized) | +12.88% | - |
| Volatility (annualized) | 11.8% | 10.7%Best |
| Max Drawdown | -18.8% | -14.2%Best |
| $10,000 over 2.4 years | $15,252Best | $15,053 |
| Top 10 Weight | 37.9%Best | 64.1% |
| Fund Family | iShares by BlackRock (US) | Westwood Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Blend |
| Inception | May 15, 2000 | Apr 8, 2024 |
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: Apr 9, 2024 to Sep 4, 2026 (2.4 years).
IVV 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 2.4 years both funds cover.
IVV vs MDST Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Westwood Salient Enhanced Midstream Income ETF (MDST) is an ETF from Westwood Funds. Over the past year IVV returned +20.08% while MDST returned +21.82%. Year to date, IVV is up 13.39% versus a gain of 18.75% for MDST.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 11.8% compared with 10.7% 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 -18.8% for IVV 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 0.26. They move largely independently of each other.
Fees and Cost Over Time
IVV charges 0.03% per year while MDST charges 0.80%. On a $10,000 position that is $3 vs $80 annually, a gap of $77 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 9.98% for MDST.
Holdings Overlap
0.4% of IVV's money is in holdings MDST also owns. 24.1% of MDST's money is in holdings IVV also owns.
MDST and IVV share little of their money.
4 positions in common, counted across the 504 positions we hold weights for in IVV and 25 in MDST, against full books of 508 and 110.
What only one of them owns
Our book lists 16 positions for MDST that do not appear in our book for IVV (54.1% of the fund), and 489 for IVV that do not appear in MDST (98.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
24.1% of MDST is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or MDST?
IVV has an expense ratio of 0.03% while MDST charges 0.80%. IVV is the cheaper option, by $77 a year on a $10,000 investment.
Which performed better, IVV or MDST?
Over the past year IVV returned +20.08% vs +21.82% for MDST, so MDST leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +19.23% vs +18.58% for MDST. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or MDST?
IVV has been the more volatile fund at 11.8% annualized versus 10.7% for MDST. Worst drawdown: IVV -18.8% vs MDST -14.2%.
Should I hold both IVV and MDST?
IVV and MDST have a monthly-return correlation of 0.26, 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 IVV and MDST?
24.1% of MDST's money is in holdings IVV also owns. 24.1% of MDST's is in holdings IVV also owns. They hold 4 positions in common, counted across the 504 positions we hold weights for in IVV and 25 in MDST.
Which pays a higher dividend, IVV or MDST?
IVV yields 1.10% while MDST yields 9.98%, so MDST currently pays the higher dividend yield.
Is MDST better than IVV?
IVV has a lower expense ratio. IVV led over the full window, MDST over 1Y. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 64.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.