MSML Performance — iShares Morningstar Small-Cap ETF
Data updated: 2026-09-25
MSML returned +14.95% year to date and +26.75% over one year to Jul 2026. Annualised returns are +13.79% over 3 years and +7.11% over 5 years. The fund beat its US Mid-Cap Blend category average: $100 invested three years ago grew to $147, against $144 for the category, and to $127 over one year, against $119. Volatility over the past three years was 17.97% a year. In the 12 months to Jul 2026 the fund lost a net $10.1M, and assets reached $282.21M.
MSML Growth of $100
What $100 invested in iShares Morningstar Small-Cap ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Blend category average over the same months.
| Period | MSML | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $127 | $119 |
| 3 years (Aug 2023 – Jul 2026) | $147 | $144 |
| 5 years (Aug 2021 – Jul 2026) | $141 | $145 |
| Since data start (Aug 2019 – Jul 2026) | $187 | $204 |
MSML Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +14.95% |
| 1 year | +26.75% |
| 3 years (annualised) | +13.79% |
| 5 years (annualised) | +7.11% |
MSML Annual Returns
Calendar-year total returns of iShares Morningstar Small-Cap ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +14.95% |
| 2025 | +11.94% |
| 2024 | +11.37% |
| 2023 | +19.66% |
| 2022 | −19.13% |
| 2021 | +17.58% |
| 2020 | +6.10% |
| 2019 (Aug–Dec) | +7.81% |
MSML Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +4.0% | +2.1% | −5.4% | +8.6% | +2.4% | +4.6% | −1.6% | — | — | — | — | — |
| 2025 | +3.6% | −4.6% | −6.2% | −2.6% | +5.4% | +4.6% | +2.1% | +5.5% | +1.5% | +0.9% | +1.8% | +0.2% |
| 2024 | −3.5% | +4.7% | +4.0% | −6.7% | +4.5% | −1.2% | +7.9% | −0.4% | +1.5% | −0.8% | +10.1% | −7.7% |
| 2023 | +11.0% | −1.9% | −4.2% | −1.7% | −1.4% | +8.7% | +5.8% | −4.5% | −5.9% | −6.6% | +9.7% | +11.6% |
| 2022 | −8.4% | +0.9% | +1.5% | −8.9% | +0.2% | −8.9% | +10.3% | −2.8% | −9.8% | +10.6% | +3.4% | −6.2% |
| 2021 | +2.4% | +8.6% | +2.9% | +3.5% | +0.4% | +0.4% | −3.2% | +2.1% | −3.0% | +4.2% | −4.4% | +2.9% |
| 2020 | −3.1% | −10.2% | −23.2% | +13.4% | +5.2% | +1.4% | +3.1% | +4.4% | −3.4% | +2.0% | +17.0% | +5.9% |
| 2019 | — | — | — | — | — | — | — | −3.7% | +3.4% | +2.9% | +2.7% | +2.4% |
MSML Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 17.97%
- 3-year Sharpe ratio: 0.52 (vs 4.5% risk-free rate)
- Best month: +11.63% (Dec 2023)
- Worst month: −7.69% (Dec 2024)
MSML Fund Flows
Monthly money in and out of iShares Morningstar Small-Cap ETF, from SEC Form N-PORT.
- 12-month net flow: −$10.1M
- 12-month gross sales (incl. reinvestments): $11.0M
- Sales ÷ redemptions: 0.52×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $0 | $0 | $0 |
| Jun 2026 | $11.0M | $11.0M | −$17K |
| May 2026 | $0 | $0 | $0 |
| Apr 2026 | $0 | $0 | $0 |
| Mar 2026 | $0 | $0 | $0 |
| Feb 2026 | $0 | $3.5M | −$3.5M |
| Jan 2026 | $0 | $3.4M | −$3.4M |
| Dec 2025 | $0 | $3.3M | −$3.3M |
| Nov 2025 | $0 | $0 | $0 |
| Oct 2025 | $290 | $0 | $290 |
| Sep 2025 | $0 | $0 | $0 |
| Aug 2025 | $0 | $0 | $0 |
MSML Assets Under Management
Net assets of iShares Morningstar Small-Cap ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $282.21M |
| 2026-04-30 | $268.77M |
| 2026-01-31 | $260.28M |
| 2025-10-31 | $252.75M |
| 2025-07-31 | $234.78M |
| 2025-04-30 | $214.78M |
| 2025-01-31 | $238.00M |
| 2024-10-31 | $229.92M |
| 2024-07-31 | $230.13M |
| 2024-04-30 | $209.77M |
| 2024-01-31 | $212.05M |
| 2023-10-31 | $182.45M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.