MSSM Performance — Morgan Stanley Pathway Small-Mid Cap Equity ETF
Data updated: 2026-07-28
MSSM returned +17.67% year to date and +37.92% over one year to May 2026. Over one year the fund beat its US Mid-Cap Blend category average: $100 grew to $138, against $122 for the category. Volatility over the past 12 months was 13.66% a year. In the 12 months to May 2026 the fund lost a net $36.4M, and assets reached $755.53M.
MSSM Growth of $100
What $100 invested in Morgan Stanley Pathway Small-Mid Cap Equity 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 | MSSM | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $138 | $122 |
| Since data start (Dec 2024 – May 2026) | $121 | $112 |
MSSM Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +17.67% |
| 1 year | +37.92% |
MSSM Annual Returns
Calendar-year total returns of Morgan Stanley Pathway Small-Mid Cap Equity ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +17.67% |
| 2025 | +11.13% |
| 2024 (Dec–Dec) | −7.30% |
MSSM 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 | +5.7% | +2.2% | −5.5% | +11.2% | +3.8% | — | — | — | — | — | — | — |
| 2025 | +3.4% | −4.7% | −6.7% | −2.3% | +5.6% | +4.9% | +2.1% | +4.8% | +1.8% | +1.2% | +1.4% | −0.1% |
| 2024 | — | — | — | — | — | — | — | — | — | — | — | −7.3% |
MSSM Risk
Risk measures from monthly returns over Jun 2025 – May 2026.
- 1-year volatility (annualised): 13.66%
- Best month: +11.15% (Apr 2026)
- Worst month: −5.52% (Mar 2026)
MSSM Fund Flows
Monthly money in and out of Morgan Stanley Pathway Small-Mid Cap Equity ETF, from SEC Form N-PORT.
- 12-month net flow: −$36.4M
- 12-month gross sales (incl. reinvestments): $32.0M
- Sales ÷ redemptions: 0.47×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $0 | $0 | $0 |
| Apr 2026 | $0 | $0 | $0 |
| Mar 2026 | $5.1M | $37.8M | −$32.7M |
| Feb 2026 | $0 | $0 | $0 |
| Jan 2026 | $0 | $8.2M | −$8.2M |
| Dec 2025 | $15.3M | $0 | $15.3M |
| Nov 2025 | $0 | $0 | $0 |
| Oct 2025 | $2.5M | $17.7M | −$15.2M |
| Sep 2025 | $0 | $0 | $0 |
| Aug 2025 | $0 | $0 | $0 |
| Jul 2025 | $0 | $4.8M | −$4.8M |
| Jun 2025 | $9.1M | $0 | $9.1M |
MSSM Assets Under Management
Net assets of Morgan Stanley Pathway Small-Mid Cap Equity ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $755.53M |
| 2026-02-28 | $728.69M |
| 2025-11-30 | $688.30M |
| 2025-08-31 | $673.87M |
| 2025-05-31 | $595.82M |
| 2025-02-28 | $554.55M |
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.