EUSB vs MSSM

Comparison between ISHARES ESG ADVANCED UNIVERSAL USD BOND ETF (EUSB, ETF) and MORGAN STANLEY PATHWAY SMALL-MID CAP EQUITY ETF (MSSM, ETF).

EUSB vs MSSM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EUSB(ETF)	MSSM(ETF)
Net Assets	$710M	$707M
Expense Ratio	0.12%	0.62%
Max Drawdown	21.72%	24.18%
Sharpe Ratio	-0.32	1.31
5Y Beta	0.05	1.04
P/E Ratio	N/A	159.74
Forward P/E	N/A	15.65
5Y Dividends CAGR	23.76%	N/A
5Y EPS CAGR	N/A	14.92%
Debt to Equity	N/A	55.79%
P/S Ratio	N/A	1.31
P/B Ratio	N/A	2.49

Net Assets

Winner

EUSB

$710M

MSSM

$707M

Expense Ratio

Winner

EUSB

0.12%

MSSM

0.62%

Max Drawdown

Winner

EUSB

21.72%

MSSM

24.18%

Sharpe Ratio

EUSB

-0.32

Winner

MSSM

1.31

5Y Beta

Winner

EUSB

0.05

MSSM

1.04

P/E Ratio

EUSB

N/A

MSSM

159.74

Forward P/E

EUSB

N/A

MSSM

15.65

5Y Dividends CAGR

EUSB

23.76%

MSSM

N/A

5Y EPS CAGR

EUSB

N/A

MSSM

14.92%

Debt to Equity

EUSB

N/A

MSSM

55.79%

P/S Ratio

EUSB

N/A

MSSM

1.31

P/B Ratio

EUSB

N/A

MSSM

2.49

EUSB vs MSSM - Historical Returns

Returns include dividend reinvestment.

Period	EUSB	MSSM
1 month	+0.55%	+1.80%
3 months	+0.28%	+3.28%
6 months	-1.31%	+10.15%
1 year	+2.32%	+25.79%
5 years(CAGR)	+0.04%	N/A
Max(CAGR)	+0.20%	+14.01%

EUSB

+0.55%

Winner

MSSM

+1.80%

EUSB

+0.28%

Winner

MSSM

+3.28%

EUSB

-1.31%

Winner

MSSM

+10.15%

EUSB

+2.32%

Winner

MSSM

+25.79%

5Y(CAGR)

EUSB

+0.04%

MSSM

N/A

Max(CAGR)

EUSB

+0.20%

Winner

MSSM

+14.01%

EUSB vs MSSM - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	EUSB	MSSM
2026	+0.06%	+17.73%
2025	+7.35%	+11.21%
2024	+2.26%	-5.83%
2023	+5.24%	N/A
2022	-12.12%	N/A
2021	-1.19%	N/A
2020	+1.68%	N/A

EUSB vs MSSM Drawdown Comparison

The maximum drawdown for EUSB was -17.87%, occurring on Oct 20, 2022. Recovery took 1388 trading sessions.

The maximum drawdown for MSSM was -24.18%, occurring on Apr 8, 2025. Recovery took 175 trading sessions.

The current EUSB drawdown is -1.57%. The current MSSM drawdown is -2.52%.

Rank	EUSB	MSSM
#1	-17.87% Aug 4, 2020 - Feb 12, 2026	-24.18% Dec 9, 2024 - Aug 22, 2025
#2	-2.48% Feb 27, 2026 - May 19, 2026	-9.50% Feb 10, 2026 - Apr 14, 2026
#3	-0.24% Jul 23, 2020 - Jul 30, 2020	-7.11% Oct 27, 2025 - Dec 4, 2025
#4	-0.16% Jul 9, 2020 - Jul 16, 2020	-5.34% Jun 30, 2026 - Jul 29, 2026
#5	-0.11% Feb 13, 2026 - Feb 23, 2026	-4.35% May 6, 2026 - May 26, 2026
#6	-0.07% Jun 26, 2020 - Jul 2, 2020	-3.84% Oct 6, 2025 - Oct 24, 2025
#7	-0.05% Jul 7, 2020 - Jul 9, 2020	-3.71% Dec 11, 2025 - Jan 6, 2026
#8	-0.04% Jul 2, 2020 - Jul 7, 2020	-3.26% Jan 22, 2026 - Feb 9, 2026
#9	-0.03% Feb 23, 2026 - Feb 26, 2026	-3.16% Jun 4, 2026 - Jun 12, 2026
#10	-0.01% Jul 30, 2020 - Aug 3, 2020	-2.47% Sep 18, 2025 - Oct 3, 2025
#11	N/A	-2.28% Apr 20, 2026 - Apr 30, 2026
#12	N/A	-1.74% Jun 15, 2026 - Jun 22, 2026
#13	N/A	-1.63% Jan 15, 2026 - Jan 21, 2026
#14	N/A	-1.52% Aug 28, 2025 - Sep 5, 2025
#15	N/A	-1.37% Jun 22, 2026 - Jun 25, 2026