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MSSMvsNUSCETF Comparison

ETF 1

MSSM

Morgan Stanley Pathway Small-Mid Cap Equity ETF

This fund is part of

US Multi-Factor

+0.52%

Full MSSM fund page

VS

ETF 2

NUSC

NuShares ESG Small-Cap ETF

This fund is part of

US Small Cap

+0.36%

Full NUSC fund page

Morgan Stanley Pathway Small-Mid Cap Equity ETF (MSSM) belongs to the US Multi-Factor segment. NuShares ESG Small-Cap ETF (NUSC) is part of the US Small Cap segment. MSSM's top 3 sector exposures are Industrials, Information Technology and Financials. In contrast, NUSC's top sector exposures are Financials, Information Technology and Industrials. MSSM is more expensive with a Total Expense Ratio (TER) of 0.9%, versus 0.31% for NUSC. MSSM is up 12.8% year-to-date (YTD) with -$41M in YTD flows. NUSC performs worse with 9.83% YTD performance, and -$91M in YTD flows. Run a side-by-side ETF comparison of MSSM and NUSC 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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MSSM vs NUSC 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 04/24/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	MSSM NUSC	+9.91%+8.94%	+5.26%+2.86%	+12.80%+9.83%	+40.13%+33.22%	n/a+43.38%	n/a+22.14%
Flows	MSSM NUSC	-$35M+$23M	-$33M+$27M	-$41M-$91M	-$32M-$99M	--$46M	-+$312M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	MSSM NUSC	+20.29%+19.33%	+17.35%+17.45%	n/a+19.84%	n/a+21.27%
Max drawdown	MSSM NUSC	-9.62%-10.10%	-9.62%-10.10%	n/a-26.88%	n/a-28.74%
Max drawdown duration	MSSM NUSC	46d53d	46d53d	n/a379d	n/a1073d

Trading data

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	MSSM	NUSC
Last sale 4/27/2026 at 1:30 PM	$56.93	$48.91
Previous close 04/24/2026	$56.96	$49.00
Consolidated volume 04/24/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

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MSSM

is actively managed and doesn’t replicate an index

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	MSSM	NUSC
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/27/2026 at 1:30 PM

Live

Closed

	MSSM	NUSC
Last price	$56.93	$48.91
1D performance	-0.05%	-0.18%
AuM	$724.19 M	$1.29 B
E/R	0.9%	0.31%

Characteristics

	MSSM	NUSC
Management strategy	Active	Passive
Provider	Morgan Stanley	Nuveen
Benchmark	-	MSCI TIAA ESG USA Small-Cap Index
N° of holdings	1902	395
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	December 9, 2024	December 13, 2016
ESG	No	Yes

More MSSM data on Trackinsight

More NUSC data on Trackinsight

Exposure

Countries

MSSM

USA

79.68%

Other

20.32%

NUSC

USA

84.9%

Other

15.1%

Sectors

MSSM

Industrials

19.29%

Information Techn.

17.22%

Financials

11.21%

Health Care

9.3%

Consumer Discreti.

7.76%

Other

35.23%

NUSC

Financials

15.14%

Information Techn.

14.47%

Industrials

14.11%

Health Care

12.01%

Consumer Discreti.

11.79%

Materials

7.91%

Other

24.57%

Diversification

MSSM

Total weight of top 15 holdings out of 15

10.47%

NUSC

Total weight of top 15 holdings out of 15

14.99%

Top 15 holdings

Data as of March 31, 2026

MSSM

COMFORT SYSTEMS USA

1.13%

TECHNIPFMC PLC

1.07%

US04351P1012

1.03%

CIENA

0.86%

VIASAT

0.80%

BLOOM ENERGY CORP

0.73%

ORMAT TECHNOLOGIES

0.59%

PLEXUS

0.57%

RESIDEO TECHNOLOGIES

0.56%

REGAL REXNORD CORP

0.55%

FABRINET

0.54%

TEXAS CAPITAL

0.54%

ITT

0.52%

CALIX NETWORKS

0.51%

PRIMORIS SERVICES

0.48%

NUSC

TECHNIPFMC PLC

1.42%

MODERNA INC

1.26%

CARPENTER TECHNOLOGY

1.19%

NVENT ELECTRIC PLC

1.17%

ATI INC

1.09%

HOST HOTELS & RESORTS REIT

1.02%

EAST WEST BANCORP

0.99%

SERVICE

0.96%

IONIS PHARMACEUTICALS INC

0.96%

MODINE MNFC CO

0.95%

AGNC INVESTMENT CORP

0.92%

POPULAR

0.79%

FLOWSERVE

0.78%

TD SYNNEX

0.77%

CARETRUST REIT

0.72%

Frequently asked questions about MSSM and NUSC

How have the MSSM and NUSC ETFs performed in 2026?

As of April 24, 2026, MSSM is up 12.8% year-to-date (YTD), while NUSC has returned 9.83%. That puts MSSM better performer ahead so far this year.

Which ETF is attracting more investor money: MSSM or NUSC?

Year-to-date, the MSSM ETF saw -$41M in flows, compared to -$91M for NUSC.

Which ETF is more volatile: MSSM or NUSC?

Over the past year, MSSM had a volatility of 17.35%, while NUSC experienced 17.45%.

Which ETF is bigger: MSSM or NUSC?

As of April 24, 2026, MSSM holds $724.19 M in assets under management (AUM), while NUSC manages $1.29 B.

What sectors do the MSSM and NUSC ETFs invest in?

MSSM leans toward sectors like Industrials, Information Technology and Financials. Meanwhile, NUSC focuses on Financials, Information Technology and Industrials.

What are the top holdings of the MSSM ETF and NUSC ETF?

MSSM top holdings include COMFORT SYSTEMS USA, TECHNIPFMC PLC and US04351P1012. NUSC holds in its top three: TECHNIPFMC PLC, MODERNA INC and CARPENTER TECHNOLOGY.

MSSMvsNUSCETF Comparison

Morgan Stanley Pathway Small-Mid Cap Equity ETF

NuShares ESG Small-Cap ETF

MSSM vs NUSC 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 MSSM and NUSC ETFs performed in 2026?

As of April 24, 2026, MSSM is up 12.8% year-to-date (YTD), while NUSC has returned 9.83%. That puts MSSM better performer ahead so far this year.

Which ETF is attracting more investor money: MSSM or NUSC?

Year-to-date, the MSSM ETF saw -$41M in flows, compared to -$91M for NUSC.

Which ETF is more volatile: MSSM or NUSC?

Over the past year, MSSM had a volatility of 17.35%, while NUSC experienced 17.45%.

Which ETF is bigger: MSSM or NUSC?

As of April 24, 2026, MSSM holds $724.19 M in assets under management (AUM), while NUSC manages $1.29 B.

What sectors do the MSSM and NUSC ETFs invest in?

MSSM leans toward sectors like Industrials, Information Technology and Financials. Meanwhile, NUSC focuses on Financials, Information Technology and Industrials.

What are the top holdings of the MSSM ETF and NUSC ETF?

MSSM top holdings include COMFORT SYSTEMS USA, TECHNIPFMC PLC and US04351P1012. NUSC holds in its top three: TECHNIPFMC PLC, MODERNA INC and CARPENTER TECHNOLOGY.

Which ETF is more diversified: MSSM or NUSC?

MSSM holds 1949 securities with 10.47% of its assets in the top 15. NUSC has 401 securities and a top 15 weight of 14.99%.

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