VXFvsMSSMETF Comparison
VS
Vanguard Extended Market ETF (VXF) and Morgan Stanley Pathway Small-Mid Cap Equity ETF (MSSM) belong to the same industry segment: US Multi-Factor. VXF's top 3 sector exposures are Finance, Technology and Industrials. In contrast, MSSM's top sector exposures are Finance, Technology and Healthcare. VXF is less expensive with a Total Expense Ratio (TER) of 0.05%, versus 0.89% for MSSM. VXF is up 13.15% year-to-date (YTD) with +$3.83B in YTD flows. MSSM performs better with 14.07% YTD performance, and -$82M in YTD flows. Run a side-by-side ETF comparison of VXF and MSSM below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
VXF vs MSSM performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/18/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | VXF MSSM | -4.26%-5.07% | -2.21%-4.67% | +13.15%+14.07% | +11.69%+15.68% | +65.50%n/a | +36.22%n/a |
| Flows | VXF MSSM | +$1.74B+$3M | -$711M-$18M | +$3.83B-$82M | +$4.52B-$82M | +$5.07B- | +$5.40B- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | VXF MSSM | +14.14%+13.21% | +17.66%+17.42% | +20.02%n/a | +22.34%n/a |
| Max drawdown | VXF MSSM | -6.50%-6.98% | -10.26%-9.62% | -26.84%n/a | -36.33%n/a |
| Max drawdown duration | VXF MSSM | 33d33d | 84d46d | 265dn/a | 1093dn/a |
Trading data
VXF | MSSM | |
Last sale 9/18/2026 at 1:30 PM | $235.11 | $57.68 |
| Previous close 09/17/2026 | $236.21 | $58.07 |
| Consolidated volume 09/17/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
MSSM
is actively managed and doesn’t replicate an indexVXF | MSSM | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Main metrics
Last update 9/18/2026 at 1:30 PM
Live
Closed
VXF | MSSM | |
|---|---|---|
| Last price | $235.11 | $57.68 |
| 1D performance | -0.47% | -0.67% |
| AuM | $32.15 B | $691.95 M |
| E/R | 0.05% | 0.89% |
Characteristics
VXF | MSSM | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | Vanguard | Morgan Stanley |
| Benchmark | S&P Completion Index | - |
| N° of holdings | 2960 | 1801 |
| Asset class | Equities | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 27, 2001 | December 9, 2024 |
| ESG | No | No |
Advertisement
Exposure
Countries
VXF
USA
94.26%
Other
5.74%
MSSM
USA
90.63%
Other
9.37%
Sectors
VXF
Finance
22.24%
Technology
16.86%
Industrials
14.51%
Healthcare
13.91%
Other
32.48%
MSSM
Finance
21.3%
Technology
15.21%
Healthcare
14.69%
Industrials
13.77%
Other
35.02%
Diversification
VXF
Total weight of top 15 holdings out of 15
8.57%
MSSM
Total weight of top 15 holdings out of 15
9.05%
Top 15 holdings
Data as of July 31, 2026
VXF
Snowflake, Inc.
1.22%
Cloudflare, Inc.
1.07%
Space Exploration Technologies Corp.
0.77%
Cheniere Energy, Inc.
0.66%
Bloom Energy Corp.
0.65%
Ferguson Enterprises, Inc.
0.54%
Astera Labs, Inc.
0.50%
Natera, Inc.
0.46%
Revolution Medicines, Inc.
0.45%
Credo Technology Group Holding Ltd.
0.40%
Rocket Lab Corp.
0.40%
Illumina, Inc.
0.37%
Strategy, Inc.
0.37%
Twilio, Inc.
0.36%
Sunbelt Rentals Holdings, Inc.
0.35%
MSSM
TechnipFMC plc
0.83%
Ascendis Pharma A/S
0.83%
ViaSat, Inc.
0.76%
Dynatrace, Inc.
0.66%
FTAI Aviation Ltd.
0.65%
KBR, Inc.
0.62%
Regal Rexnord Corp.
0.61%
Veeco Instruments, Inc.
0.58%
Sprouts Farmers Market, Inc.
0.54%
Plexus Corp.
0.51%
Life Time Group Holdings, Inc.
0.50%
Wintrust Financial Corp.
0.50%
Resideo Technologies, Inc.
0.49%
IMAX Corp.
0.49%
Texas Capital Bancshares, Inc.
0.49%
Frequently asked questions about VXF and MSSM
How have the VXF and MSSM ETFs performed in 2026?
As of September 18, 2026, VXF is up 13.15% year-to-date (YTD), while MSSM has returned 14.07%. That puts MSSM better performer ahead so far this year.
Which ETF is attracting more investor money: VXF or MSSM?
Year-to-date, the VXF ETF saw +$3.83B in flows, compared to -$82M for MSSM.
Which ETF is more volatile: VXF or MSSM?
Over the past year, VXF had a volatility of 17.66%, while MSSM experienced 17.42%.
Which ETF is bigger: VXF or MSSM?
As of September 18, 2026, VXF holds $32.15 B in assets under management (AUM), while MSSM manages $691.95 M.
What sectors do the VXF and MSSM ETFs invest in?
VXF leans toward sectors like Finance, Technology and Industrials. Meanwhile, MSSM focuses on Finance, Technology and Healthcare.
What are the top holdings of the VXF ETF and MSSM ETF?
VXF top holdings include Snowflake, Inc., Cloudflare, Inc. and Space Exploration Technologies Corp.. MSSM holds in its top three: TechnipFMC plc, Ascendis Pharma A/S and ViaSat, Inc..
Which ETF is more diversified: VXF or MSSM?
VXF holds 3274 securities with 8.57% of its assets in the top 15. MSSM has 1814 securities and a top 15 weight of 9.05%.
Advertisement
Advertisement
