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ASCEvsMSMLETF Comparison

ETF 1

ASCE

Allspring SMID Core ETF

This fund is part of

US Multi-Factor

-1.36%

Full ASCE fund page

VS

ETF 2

MSML

iShares MSCI USA Small-Cap ETF

This fund is part of

US Small Cap

-1.49%

Full MSML fund page

Allspring SMID Core ETF (ASCE) belongs to the US Multi-Factor segment. iShares MSCI USA Small-Cap ETF (MSML) is part of the US Small Cap segment. ASCE's top 3 sector exposures are Finance, Healthcare and Technology. In contrast, MSML's top sector exposures are Finance, Technology and Healthcare. ASCE is more expensive with a Total Expense Ratio (TER) of 0.38%, versus 0.04% for MSML. ASCE is up 23.27% year-to-date (YTD) with +$293M in YTD flows. MSML performs worse with 12.65% YTD performance, and -$7M in YTD flows. Run a side-by-side ETF comparison of ASCE and MSML below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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ASCE vs MSML performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 10/29/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	ASCE MSML	+0.52%+2.02%	-0.60%-2.30%	+23.27%+12.65%	+25.39%+15.62%	n/a+73.69%	n/a+30.46%
Flows	ASCE MSML	+$145M-	+$195M-	+$293M-$7M	+$296M-$10M	--$22M	--$23M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	ASCE MSML	+15.14%+12.76%	+18.72%+15.55%	n/a+19.21%	n/a+21.19%
Max drawdown	ASCE MSML	-8.93%-8.77%	-8.93%-9.38%	n/a-25.75%	n/a-30.04%
Max drawdown duration	ASCE MSML	73d75d	73d65d	n/a289d	n/a1067d

Trading data

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	ASCE	MSML
Last sale 10/30/2026 at 1:30 PM	$32.42
Previous close 10/29/2026	$33.08
Consolidated volume 10/29/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of October 30, 2026

1-year trailing difference

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ASCE

is actively managed and doesn’t replicate an index

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	ASCE	MSML
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/30/2026 at 1:30 PM

Live

Closed

	ASCE	MSML
Last price	$32.42	–
1D performance	-2.00%	–
AuM	$340.19 M	$275.64 M
E/R	0.38%	0.04%

Characteristics

	ASCE	MSML
Management strategy	Active	Passive
Provider	Allspring	iShares
Benchmark	-	MSCI Daily TR Gross Small Cap USA Index
N° of holdings	52	1545
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	July 8, 2025	June 28, 2004
ESG	No	No

More ASCE data on Trackinsight

More MSML data on Trackinsight

Exposure

Countries

ASCE

USA

96.77%

Other

3.23%

MSML

USA

96.43%

Other

3.57%

Sectors

ASCE

Finance

24.01%

Healthcare

17.24%

Technology

15.22%

Industrials

11.03%

Consumer Cyclical.

8.39%

Energy

7.12%

Other

16.99%

MSML

Finance

24.77%

Healthcare

15.49%

Technology

15.49%

Industrials

12.94%

Other

31.31%

Diversification

ASCE

Total weight of top 15 holdings out of 15

35.94%

MSML

Total weight of top 15 holdings out of 15

4.85%

Top 15 holdings

Data as of September 30, 2026

ASCE

Amneal Pharmaceuticals, Inc.

3.07%

Exelixis, Inc.

2.84%

Teekay Corp. Ltd.

2.63%

Universal Health Services, Inc.

2.51%

Semtech Corp.

2.50%

Chord Energy Corp.

2.34%

ExlService Holdings, Inc.

2.32%

SharkNinja, Inc.

2.31%

SkyWest, Inc.

2.31%

Coeur Mining, Inc.

2.24%

Virtu Financial, Inc.

2.20%

Blue Bird Corp.

2.19%

Corcept Therapeutics, Inc.

2.16%

Acadian Asset Management, Inc.

2.15%

National Fuel Gas Co.

2.15%

MSML

Okta, Inc.

0.58%

Atlassian Corp.

0.47%

Guardant Health, Inc.

0.38%

Roku, Inc.

0.33%

Nutanix, Inc.

0.31%

Zebra Technologies Corp.

0.30%

Rubrik, Inc.

0.29%

Best Buy Co., Inc.

0.29%

Revvity, Inc.

0.28%

Dynatrace, Inc.

0.28%

Semtech Corp.

0.28%

Nordson Corp.

0.27%

Bitmine Immersion Technologies, Inc.

0.26%

Reinsurance Group of America, Inc.

0.26%

HF Sinclair Corp.

0.26%

Frequently asked questions about ASCE and MSML

How have the ASCE and MSML ETFs performed in 2026?

As of October 29, 2026, ASCE is up 23.27% year-to-date (YTD), while MSML has returned 12.65%. That puts ASCE better performer ahead so far this year.

Which ETF is attracting more investor money: ASCE or MSML?

Year-to-date, the ASCE ETF saw +$293M in flows, compared to -$7M for MSML.

Which ETF is more volatile: ASCE or MSML?

Over the past year, ASCE had a volatility of 18.72%, while MSML experienced 15.55%.

Which ETF is bigger: ASCE or MSML?

As of October 29, 2026, ASCE holds $340.19 M in assets under management (AUM), while MSML manages $275.64 M.

What sectors do the ASCE and MSML ETFs invest in?

ASCE leans toward sectors like Finance, Healthcare and Technology. Meanwhile, MSML focuses on Finance, Healthcare and Technology.

What are the top holdings of the ASCE ETF and MSML ETF?

ASCE top holdings include Amneal Pharmaceuticals, Inc., Exelixis, Inc. and Teekay Corp. Ltd.. MSML holds in its top three: Okta, Inc., Atlassian Corp. and Guardant Health, Inc..

ASCEvsMSMLETF Comparison

Allspring SMID Core ETF

iShares MSCI USA Small-Cap ETF

ASCE vs MSML performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the ASCE and MSML ETFs performed in 2026?

As of October 29, 2026, ASCE is up 23.27% year-to-date (YTD), while MSML has returned 12.65%. That puts ASCE better performer ahead so far this year.

Which ETF is attracting more investor money: ASCE or MSML?

Year-to-date, the ASCE ETF saw +$293M in flows, compared to -$7M for MSML.

Which ETF is more volatile: ASCE or MSML?

Over the past year, ASCE had a volatility of 18.72%, while MSML experienced 15.55%.

Which ETF is bigger: ASCE or MSML?

As of October 29, 2026, ASCE holds $340.19 M in assets under management (AUM), while MSML manages $275.64 M.

What sectors do the ASCE and MSML ETFs invest in?

ASCE leans toward sectors like Finance, Healthcare and Technology. Meanwhile, MSML focuses on Finance, Healthcare and Technology.

What are the top holdings of the ASCE ETF and MSML ETF?

ASCE top holdings include Amneal Pharmaceuticals, Inc., Exelixis, Inc. and Teekay Corp. Ltd.. MSML holds in its top three: Okta, Inc., Atlassian Corp. and Guardant Health, Inc..

Which ETF is more diversified: ASCE or MSML?

ASCE holds 52 securities with 35.94% of its assets in the top 15. MSML has 1560 securities and a top 15 weight of 4.85%.

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