Performance analysis of MSSM (MORGAN STANLEY PATHWAY SMALL-MID CAP EQUITY ETF)
Annual Return
Since Dec 9, 2024, MSSM has had an average annual return of +14.42%, underperforming the benchmark SPY, which returned +15.56% annual.
| 2026 | 2025 | 2024 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +18.60% | +11.28% | -5.83% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +5.47% | +2.33% | -5.47% | +11.06% | +3.74% | +4.17% | -3.13% | +18.60% | |||||
| 2025 | +3.45% | -4.65% | -6.65% | -2.55% | +5.63% | +4.93% | +2.08% | +4.85% | +1.87% | +1.24% | +1.29% | +0.07% | +11.28% |
| 2024 | -5.83% | -5.83% |
Drawdown analysis of MSSM (MORGAN STANLEY PATHWAY SMALL-MID CAP EQUITY ETF)
The maximum drawdown for the MSSM was -24.18%, occurring on Apr 8, 2025. Recovery took 94 trading sessions.
The current MSSM drawdown is -3.13%.
Since Dec 9, 2024 MSSM has experienced the following drawdowns:
- 20% or more: 1 time
- 10% or more: 1 time
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -24.18% | Dec 9, 2024 | 81 | Apr 8, 2025 | 94 | Aug 22, 2025 | 175 |
| -9.50% | Feb 10, 2026 | 33 | Mar 30, 2026 | 10 | Apr 14, 2026 | 43 |
| -7.12% | Oct 27, 2025 | 18 | Nov 20, 2025 | 9 | Dec 4, 2025 | 27 |
| -4.36% | May 6, 2026 | 9 | May 19, 2026 | 4 | May 26, 2026 | 13 |
| -4.14% | Jun 30, 2026 | 13 | Jul 20, 2026 | Ongoing | Ongoing | Ongoing |
| -3.84% | Oct 6, 2025 | 4 | Oct 10, 2025 | 10 | Oct 24, 2025 | 14 |
| -3.71% | Dec 11, 2025 | 4 | Dec 17, 2025 | 12 | Jan 6, 2026 | 16 |
| -3.25% | Jan 22, 2026 | 10 | Feb 5, 2026 | 2 | Feb 9, 2026 | 12 |
| -3.16% | Jun 4, 2026 | 4 | Jun 10, 2026 | 2 | Jun 12, 2026 | 6 |
| -2.47% | Sep 18, 2025 | 5 | Sep 25, 2025 | 6 | Oct 3, 2025 | 11 |
| -2.28% | Apr 20, 2026 | 7 | Apr 29, 2026 | 1 | Apr 30, 2026 | 8 |
| -1.73% | Jun 15, 2026 | 2 | Jun 17, 2026 | 2 | Jun 22, 2026 | 4 |
| -1.64% | Jan 15, 2026 | 2 | Jan 20, 2026 | 1 | Jan 21, 2026 | 3 |
| -1.53% | Aug 28, 2025 | 3 | Sep 3, 2025 | 2 | Sep 5, 2025 | 5 |
| -1.37% | Jun 22, 2026 | 1 | Jun 23, 2026 | 2 | Jun 25, 2026 | 3 |
| -1.05% | Sep 11, 2025 | 1 | Sep 12, 2025 | 4 | Sep 18, 2025 | 5 |
| -0.79% | Jun 2, 2026 | 1 | Jun 3, 2026 | 1 | Jun 4, 2026 | 2 |
| -0.79% | May 28, 2026 | 2 | Jun 1, 2026 | 1 | Jun 2, 2026 | 3 |
| -0.76% | Sep 8, 2025 | 2 | Sep 10, 2025 | 1 | Sep 11, 2025 | 3 |
| -0.66% | Aug 22, 2025 | 1 | Aug 25, 2025 | 2 | Aug 27, 2025 | 3 |
| -0.51% | Dec 4, 2025 | 3 | Dec 9, 2025 | 1 | Dec 10, 2025 | 4 |
| -0.46% | May 1, 2026 | 1 | May 4, 2026 | 1 | May 5, 2026 | 2 |
| -0.37% | Jan 6, 2026 | 1 | Jan 7, 2026 | 1 | Jan 8, 2026 | 2 |
| -0.24% | Jun 25, 2026 | 1 | Jun 26, 2026 | 1 | Jun 29, 2026 | 2 |
| -0.15% | May 26, 2026 | 1 | May 27, 2026 | 1 | May 28, 2026 | 2 |