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MSSMvsVXFETF Comparison

ETF 1

MSSM

Morgan Stanley Pathway Small-Mid Cap Equity ETF

This fund is part of

US Multi-Factor

+1.06%

Full MSSM fund page

VS

ETF 2

VXF

Vanguard Extended Market ETF

This fund is part of

US Multi-Factor

+1.06%

Full VXF fund page

Morgan Stanley Pathway Small-Mid Cap Equity ETF (MSSM) and Vanguard Extended Market ETF (VXF) belong to the same industry segment: US Multi-Factor. MSSM's top 3 sector exposures are Industrials, Information Technology and Financials. In contrast, VXF's top sector exposures are Information Technology, Industrials and Financials. MSSM is more expensive with a Total Expense Ratio (TER) of 0.9%, versus 0.05% for VXF. MSSM is up 20% year-to-date (YTD) with -$64M in YTD flows. VXF performs worse with 15.84% YTD performance, and +$1.93B in YTD flows. Run a side-by-side ETF comparison of MSSM and VXF 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 VXF 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 06/15/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	MSSM VXF	+6.47%+7.47%	+17.33%+17.02%	+20.00%+15.84%	+37.22%+30.17%	n/a+68.22%	n/a+37.62%
Flows	MSSM VXF	-$23M+$483M	-$56M+$1.22B	-$64M+$1.93B	-$67M+$2.72B	-+$4.93B	-+$6.62B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	MSSM VXF	+20.98%+20.22%	+17.77%+17.79%	n/a+20.02%	n/a+22.35%
Max drawdown	MSSM VXF	-4.91%-4.50%	-9.62%-10.26%	n/a-26.84%	n/a-36.33%
Max drawdown duration	MSSM VXF	8d8d	46d84d	n/a265d	n/a1093d

Trading data

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	MSSM	VXF
Last sale 6/15/2026 at 1:30 PM	$60.62	$241.31
Previous close 06/15/2026	$60.20	$238.41
Consolidated volume 06/15/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of May 29, 2026

1-year trailing difference

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MSSM

is actively managed and doesn’t replicate an index

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

Main metrics

Last update 6/15/2026 at 1:30 PM

Live

Closed

	MSSM	VXF
Last price	$60.62	$241.31
1D performance	+0.68%	+1.22%
AuM	$746.13 M	$31.03 B
E/R	0.9%	0.05%

Characteristics

	MSSM	VXF
Management strategy	Active	Passive
Provider	Morgan Stanley	Vanguard
Benchmark	-	S&P Completion Index
N° of holdings	1888	2331
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	December 9, 2024	December 27, 2001
ESG	No	No

More MSSM data on Trackinsight

More VXF data on Trackinsight

Exposure

Countries

MSSM

USA

79.85%

Other

20.15%

VXF

USA

91.45%

Other

8.55%

Sectors

MSSM

Industrials

19.56%

Information Techn.

18.15%

Financials

11.1%

Health Care

9.04%

Consumer Discreti.

7.76%

Other

34.39%

VXF

Information Techn.

17.5%

Industrials

15.82%

Financials

12.71%

Health Care

11.25%

Consumer Discreti.

8.94%

Other

33.78%

Diversification

MSSM

Total weight of top 15 holdings out of 15

11.32%

VXF

Total weight of top 15 holdings out of 15

9.31%

Top 15 holdings

Data as of April 30, 2026

MSSM

COMFORT SYSTEMS USA

1.29%

BLOOM ENERGY CORP

1.10%

TECHNIPFMC PLC

1.00%

CIENA

0.94%

US04351P1012

0.92%

VIASAT

0.76%

CREDO TECHNOLOGY GROUP HOLDING

0.70%

RESIDEO TECHNOLOGIES

0.62%

PLEXUS

0.61%

RAMBUS

0.61%

VEECO INSTRUMENTS

0.59%

REGAL REXNORD CORP

0.56%

ORMAT TECHNOLOGIES

0.55%

FABRINET

0.54%

ITT

0.53%

VXF

MARVELL TECHNOLOGY

1.77%

BLOOM ENERGY CORP

0.90%

CLOUDFLARE INC

0.80%

CHENIERE ENERGY

0.73%

US31488V1070

0.64%

MICROSTRATEGY

0.64%

SNOWFLAKE INC

0.57%

ALNYLAM PHARMACEUTICALS

0.50%

US7731211089

0.48%

ROBLOX

0.45%

FLEX LTD

0.41%

TECHNIPFMC PLC

0.37%

INSMED

0.36%

NATERA

0.35%

REVOLUTION MEDICINES INC

0.35%

Frequently asked questions about MSSM and VXF

How have the MSSM and VXF ETFs performed in 2026?

As of June 15, 2026, MSSM is up 20% year-to-date (YTD), while VXF has returned 15.84%. That puts MSSM better performer ahead so far this year.

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

Year-to-date, the MSSM ETF saw -$64M in flows, compared to +$1.93B for VXF.

Which ETF is more volatile: MSSM or VXF?

Over the past year, MSSM had a volatility of 17.77%, while VXF experienced 17.79%.

Which ETF is bigger: MSSM or VXF?

As of June 15, 2026, MSSM holds $746.13 M in assets under management (AUM), while VXF manages $31.03 B.

What sectors do the MSSM and VXF ETFs invest in?

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

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

MSSM top holdings include COMFORT SYSTEMS USA, BLOOM ENERGY CORP and TECHNIPFMC PLC. VXF holds in its top three: MARVELL TECHNOLOGY, BLOOM ENERGY CORP and CLOUDFLARE INC.

MSSMvsVXFETF Comparison

Morgan Stanley Pathway Small-Mid Cap Equity ETF

Vanguard Extended Market ETF

MSSM vs VXF 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 VXF ETFs performed in 2026?

As of June 15, 2026, MSSM is up 20% year-to-date (YTD), while VXF has returned 15.84%. That puts MSSM better performer ahead so far this year.

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

Year-to-date, the MSSM ETF saw -$64M in flows, compared to +$1.93B for VXF.

Which ETF is more volatile: MSSM or VXF?

Over the past year, MSSM had a volatility of 17.77%, while VXF experienced 17.79%.

Which ETF is bigger: MSSM or VXF?

As of June 15, 2026, MSSM holds $746.13 M in assets under management (AUM), while VXF manages $31.03 B.

What sectors do the MSSM and VXF ETFs invest in?

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

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

MSSM top holdings include COMFORT SYSTEMS USA, BLOOM ENERGY CORP and TECHNIPFMC PLC. VXF holds in its top three: MARVELL TECHNOLOGY, BLOOM ENERGY CORP and CLOUDFLARE INC.

Which ETF is more diversified: MSSM or VXF?

MSSM holds 1932 securities with 11.32% of its assets in the top 15. VXF has 3272 securities and a top 15 weight of 9.31%.

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