MSML vs MSSM
iShares MSCI USA Small-Cap ETF against Morgan Stanley Pathway Small-Mid Cap Equity ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
38%
1297 shared positions
Fee gap
58 bp
MSML is cheaper
1-year return gap
—
Larger fund
MSSM
$694M
Side by side
| MSML | MSSM | |
|---|---|---|
| Fund | iShares MSCI USA Small-Cap ETF | Morgan Stanley Pathway Small-Mid Cap Equity ETF |
| Issuer | iShares | Morgan Stanley |
| Category | Small Cap Blend | Mid Cap Blend |
| Expense ratio | 0.04% | 0.62% |
| Assets | $274M | $694M |
| Average daily dollar volume | $455K | $821K |
| Listed | Oct 5, 2026 | Nov 18, 1991 |
| FrenzyCap score | 65 | 50 |
| 1-month return | — | −1.0% |
| 3-month return | — | −3.9% |
| Year to date | — | +13.8% |
| 1-year return | — | +11.7% |
| 30-day volatility | — | 11.6% |
| Worst drawdown, 1 year | −1.7% | −9.5% |
| Trailing 12-month yield | — | 2.76% |
| Holdings | 1,554 | 2,237 |
| Top 10 weight | 4.0% | 10.0% |
| Look-through P/E | 40.9 | 68.8 |
| Holdings vs fair value | +14.6% | +10.3% |
| Holdings above 200-day average | 43% | 48% |
| Net flow, latest 3 reported months | −$17K thru Jul 2026 | −$33M thru May 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of Apr 30, 2026SEC filing | as of May 31, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
82% of MSML · 65% of MSSM| Holding | MSML | MSSM |
|---|---|---|
| LITE | 1.05% | 0.32% |
| ITT | 0.30% | 0.46% |
| MTSI | 0.29% | 0.34% |
| SNX | 0.29% | 0.41% |
| EWBC | 0.29% | 0.35% |
| NXT | 0.29% | 0.75% |
| APG | 0.28% | 0.35% |
| LSCC | 0.28% | 0.31% |
| JLL | 0.25% | 0.27% |
| MKSI | 0.24% | 0.42% |
| PR | 0.24% | 0.29% |
| RRX | 0.23% | 0.51% |
| CLH | 0.26% | 0.22% |
| AVY | 0.21% | 0.31% |
| HAS | 0.21% | 0.28% |
| RMBS | 0.20% | 0.63% |
| SF | 0.20% | 0.20% |
| SAIA | 0.20% | 0.30% |
| BWA | 0.19% | 0.41% |
| AIT | 0.19% | 0.38% |
| CACI | 0.19% | 0.24% |
| GH | 0.18% | 0.43% |
| BJ | 0.18% | 0.23% |
| FORM | 0.17% | 0.22% |
| SPXC | 0.18% | 0.17% |
Sector mix of the stock holdings
| Sector | MSML | MSSM | Gap |
|---|---|---|---|
| Industrials | 18.6% | 23.9% | −5.3% |
| Technology | 13.4% | 21.2% | −7.8% |
| Financials | 14.6% | 10.5% | +4.0% |
| Health Care | 11.6% | 11.5% | +0.2% |
| Consumer Discretionary | 10.2% | 8.5% | +1.7% |
| Materials | 7.3% | 4.9% | +2.4% |
| Real Estate | 8.0% | 0.4% | +7.6% |
| Utilities | 3.4% | 5.0% | −1.6% |
| Energy | 3.1% | 2.5% | +0.6% |
| Consumer Staples | 2.6% | 2.5% | +0.2% |
| Communication Services | 1.9% | 2.9% | −0.9% |
| Other | 0.4% | 0.1% | +0.3% |
More: full overlap table · MSML holdings · MSSM holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.