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WSMLvsMSSMETF Comparison

ETF 1

WSML

iShares MSCI World Small-Cap ETF

This fund is part of

DM Small Cap

+0.65%

Full WSML fund page

VS

ETF 2

MSSM

Morgan Stanley Pathway Small-Mid Cap Equity ETF

This fund is part of

US Multi-Factor

+0.43%

Full MSSM fund page

iShares MSCI World Small-Cap ETF (WSML) belongs to the DM Small Cap segment. Morgan Stanley Pathway Small-Mid Cap Equity ETF (MSSM) is part of the US Multi-Factor segment. WSML's top 3 sector exposures are Finance, Industrials and Technology. In contrast, MSSM's top sector exposures are Finance, Technology and Healthcare. WSML is less expensive with a Total Expense Ratio (TER) of 0.3%, versus 0.89% for MSSM. WSML is up 13.33% year-to-date (YTD) with -$189M in YTD flows. MSSM performs better with 14.55% YTD performance, and -$79M in YTD flows. Run a side-by-side ETF comparison of WSML 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.

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WSML vs MSSM performance and flow charts

Performance

Cumulative Flows

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Data Services

Historic performance and flows

Data as of 10/27/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	WSML MSSM	+0.28%+1.58%	-0.73%-3.01%	+13.33%+14.55%	+14.29%+14.13%	n/an/a	n/an/a
Flows	WSML MSSM	--	+$14M+$6M	-$189M-$79M	-$177M-$64M	--	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	WSML MSSM	+12.69%+13.29%	+15.20%+16.99%	n/an/a	n/an/a
Max drawdown	WSML MSSM	-7.34%-9.43%	-10.19%-9.62%	n/an/a	n/an/a
Max drawdown duration	WSML MSSM	72d72d	49d46d	n/an/a	n/an/a

Trading data

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	WSML	MSSM
Last sale 10/28/2026 at 1:30 PM	$34.16	$58.11
Previous close 10/27/2026	$34.15	$57.97
Consolidated volume 10/27/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of September 30, 2026

1-year trailing difference

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MSSM

is actively managed and doesn’t replicate an index

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

Main metrics

Last update 10/28/2026 at 1:30 PM

Live

Closed

	WSML	MSSM
Last price	$34.16	$58.11
1D performance	+0.05%	+0.25%
AuM	$662.63 M	$697.81 M
E/R	0.3%	0.89%

Characteristics

	WSML	MSSM
Management strategy	Passive	Active
Provider	iShares	Morgan Stanley
Benchmark	MSCI World Small Cap Index	-
N° of holdings	3638	1802
Asset class	Equities	-
Trailing 12m distribution yield	Join	Join
Inception date	April 1, 2025	December 9, 2024
ESG	No	No

More WSML data on Trackinsight

More MSSM data on Trackinsight

Exposure

Countries

WSML

USA

59.7%

Japan

12.41%

Other

27.89%

MSSM

USA

90.5%

Other

9.5%

Sectors

WSML

Finance

23.37%

Industrials

14.51%

Technology

12.88%

Healthcare

11.36%

Non-Energy Materi.

10.92%

Other

26.96%

MSSM

Finance

20.95%

Technology

15.86%

Healthcare

15.63%

Industrials

13.05%

Other

34.51%

Diversification

WSML

Total weight of top 15 holdings out of 15

3.28%

MSSM

Total weight of top 15 holdings out of 15

8.68%

Top 15 holdings

Data as of August 31, 2026

WSML

BlackRock Cash Funds - Treasury

0.52%

Moderna, Inc.

0.43%

US Foods Holding Corp.

0.21%

Tenet Healthcare Corp.

0.21%

Royal Gold, Inc.

0.20%

Roku, Inc.

0.19%

Woodward, Inc.

0.18%

Guardant Health, Inc.

0.18%

Viatris, Inc.

0.17%

TD SYNNEX Corp.

0.16%

ITT, Inc.

0.16%

MACOM Technology Solutions Holdings, Inc.

0.16%

Ovintiv, Inc.

0.16%

Permian Resources Corp.

0.16%

Nutanix, Inc.

0.16%

MSSM

Ascendis Pharma A/S

0.89%

Dynatrace, Inc.

0.82%

TechnipFMC plc

0.67%

ViaSat, Inc.

0.63%

KBR, Inc.

0.63%

Regal Rexnord Corp.

0.53%

Avient Corp.

0.52%

IMAX Corp.

0.52%

Sprouts Farmers Market, Inc.

0.52%

Veeco Instruments, Inc.

0.51%

Brinker International, Inc.

0.50%

Plexus Corp.

0.50%

Haemonetics Corp.

0.49%

Life Time Group Holdings, Inc.

0.49%

Texas Capital Bancshares, Inc.

0.47%

Frequently asked questions about WSML and MSSM

How have the WSML and MSSM ETFs performed in 2026?

As of October 27, 2026, WSML is up 13.33% year-to-date (YTD), while MSSM has returned 14.55%. That puts MSSM better performer ahead so far this year.

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

Year-to-date, the WSML ETF saw -$189M in flows, compared to -$79M for MSSM.

Which ETF is more volatile: WSML or MSSM?

Over the past year, WSML had a volatility of 15.2%, while MSSM experienced 16.99%.

Which ETF is bigger: WSML or MSSM?

As of October 27, 2026, WSML holds $662.63 M in assets under management (AUM), while MSSM manages $697.81 M.

What sectors do the WSML and MSSM ETFs invest in?

WSML leans toward sectors like Finance, Industrials and Technology. Meanwhile, MSSM focuses on Finance, Technology and Healthcare.

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

WSML top holdings include BlackRock Cash Funds - Treasury, Moderna, Inc. and US Foods Holding Corp.. MSSM holds in its top three: Ascendis Pharma A/S, Dynatrace, Inc. and TechnipFMC plc.

WSMLvsMSSMETF Comparison

iShares MSCI World Small-Cap ETF

Morgan Stanley Pathway Small-Mid Cap Equity ETF

WSML vs MSSM 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 WSML and MSSM ETFs performed in 2026?

As of October 27, 2026, WSML is up 13.33% year-to-date (YTD), while MSSM has returned 14.55%. That puts MSSM better performer ahead so far this year.

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

Year-to-date, the WSML ETF saw -$189M in flows, compared to -$79M for MSSM.

Which ETF is more volatile: WSML or MSSM?

Over the past year, WSML had a volatility of 15.2%, while MSSM experienced 16.99%.

Which ETF is bigger: WSML or MSSM?

As of October 27, 2026, WSML holds $662.63 M in assets under management (AUM), while MSSM manages $697.81 M.

What sectors do the WSML and MSSM ETFs invest in?

WSML leans toward sectors like Finance, Industrials and Technology. Meanwhile, MSSM focuses on Finance, Technology and Healthcare.

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

WSML top holdings include BlackRock Cash Funds - Treasury, Moderna, Inc. and US Foods Holding Corp.. MSSM holds in its top three: Ascendis Pharma A/S, Dynatrace, Inc. and TechnipFMC plc.

Which ETF is more diversified: WSML or MSSM?

WSML holds 3656 securities with 3.28% of its assets in the top 15. MSSM has 1815 securities and a top 15 weight of 8.68%.

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