MSLC vs IFRA
Comparison between MORGAN STANLEY PATHWAY LARGE CAP EQUITY ETF (MSLC, ETF) and ISHARES U.S. INFRASTRUCTURE ETF (IFRA, ETF).
MSLC vs IFRA - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
MSLC
$4B
Winner
IFRA
$4.10B
Expense Ratio
MSLC
0.39%
Winner
IFRA
0.30%
Max Drawdown
Winner
MSLC
17.86%
IFRA
41.06%
Sharpe Ratio
MSLC
1.25
Winner
IFRA
1.56
5Y Beta
MSLC
0.93
Winner
IFRA
0.73
P/E Ratio
Winner
MSLC
26.26
IFRA
26.35
Forward P/E
Winner
MSLC
20.81
IFRA
21.33
5Y Dividends CAGR
MSLC
N/A
IFRA
14.81%
5Y EPS CAGR
Winner
MSLC
24.91%
IFRA
14.50%
Debt to Equity
MSLC
N/A
IFRA
67.12%
P/S Ratio
MSLC
3.03
Winner
IFRA
2.62
P/B Ratio
MSLC
5.06
Winner
IFRA
3.28
MSLC vs IFRA - Holdings Comparison
MSLC and IFRA have 80 common holdings. Overlap is 4.47%
MSLC's top 25 holdings weight is 47.52%. IFRA's top 25 holdings weight is 58.80%.
| Rank | MSLC | IFRA |
|---|---|---|
| #1 | NVIDIA CORP (NVDA) - 6.63% | CATERPILLAR INC (CAT) - 4.90% |
| #2 | MICROSOFT CORP (MSFT) - 5.02% | QUANTA SERVICES INC (PWR) - 4.09% |
| #3 | AMAZON.COM INC (AMZN) - 4.57% | UNION PACIFIC CORP (UNP) - 4.00% |
| #4 | APPLE INC (AAPL) - 4.41% | NEXTERA ENERGY INC (NEE) - 3.54% |
| #5 | ALPHABET INC CLASS A (GOOGL) - 3.18% | CSX CORP (CSX) - 3.42% |
| #6 | BROADCOM INC (AVGO) - 2.76% | CRH PLC (CRH) - 2.86% |
| #7 | META PLATFORMS INC CLASS A (META) - 2.63% | NORFOLK SOUTHERN CORP (NSC) - 2.75% |
| #8 | ALPHABET INC CLASS C (GOOG) - 2.03% | SOUTHERN CO (SO) - 2.58% |
| #9 | US DOLLARS (n/a) - 1.66% | UNITED RENTALS INC (URI) - 2.51% |
| #10 | JPMORGAN CHASE & CO (JPM) - 1.50% | COMFORT SYSTEMS USA INC (FIX) - 2.49% |
| #11 | TESLA INC (TSLA) - 1.25% | DUKE ENERGY CORP (DUK) - 2.41% |
| #12 | VISA INC CLASS A (V) - 1.21% | CONSTELLATION ENERGY CORP (CEG) - 2.31% |
| #13 | BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.17% | NUCOR CORP (NUE) - 2.29% |
| #14 | NETFLIX INC (NFLX) - 1.11% | WILLIAMS COMPANIES INC (WMB) - 2.20% |
| #15 | EXXON MOBIL CORP (XOM) - 1.04% | TC ENERGY CORP (TRP) - 1.78% |
| #16 | MICRON TECHNOLOGY INC (MU) - 0.92% | AMERICAN ELECTRIC POWER CO INC (AEP) - 1.73% |
| #17 | MASTERCARD INC CLASS A (MA) - 0.87% | KINDER MORGAN INC CLASS P (KMI) - 1.55% |
| #18 | RTX CORP (RTX) - 0.77% | EMCOR GROUP INC (EME) - 1.47% |
| #19 | LINDE PLC (LIN) - 0.75% | VULCAN MATERIALS CO (VMC) - 1.47% |
| #20 | ELI LILLY AND CO (LLY) - 0.75% | DOMINION ENERGY INC (D) - 1.47% |
| #21 | n/a (BN) - 0.72% | SEMPRA (SRE) - 1.47% |
| #22 | BANK OF AMERICA CORP (BAC) - 0.71% | STEEL DYNAMICS INC (STLD) - 1.42% |
| #23 | CISCO SYSTEMS INC (CSCO) - 0.68% | ONEOK INC (OKE) - 1.38% |
| #24 | MERCK & CO INC (MRK) - 0.59% | MARTIN MARIETTA MATERIALS INC (MLM) - 1.37% |
| #25 | JOHNSON & JOHNSON (JNJ) - 0.59% | VISTRA CORP (VST) - 1.34% |
| Total Holdings | 987 | 166 |
MSLC vs IFRA - Historical Returns
Returns include dividend reinvestment.
1M
MSLC
+0.51%
Winner
IFRA
+0.57%
3M
Winner
MSLC
+10.40%
IFRA
+8.28%
6M
MSLC
+7.59%
Winner
IFRA
+17.32%
1Y
MSLC
+19.49%
Winner
IFRA
+29.67%
5Y(CAGR)
MSLC
N/A
IFRA
+13.16%
10Y(CAGR)
MSLC
N/A
IFRA
+13.67%
Max(CAGR)
MSLC
+12.76%
Winner
IFRA
+13.67%
MSLC vs IFRA - Annual Returns (2018 - 2026)
Returns include dividend reinvestment.
| Year | MSLC | IFRA |
|---|---|---|
| 2026 | +6.90% | +16.71% |
| 2025 | +15.85% | +16.09% |
| 2024 | -3.29% | +17.17% |
| 2023 | N/A | +13.50% |
| 2022 | N/A | -3.13% |
| 2021 | N/A | +32.19% |
| 2020 | N/A | +8.22% |
| 2019 | N/A | +26.84% |
| 2018 | N/A | -8.54% |
MSLC vs IFRA Drawdown Comparison
The maximum drawdown for MSLC was -17.86%, occurring on Apr 8, 2025. Recovery took 88 trading sessions.
The maximum drawdown for IFRA was -41.06%, occurring on Mar 23, 2020. Recovery took 188 trading sessions.
The current MSLC drawdown is -2.13%. The current IFRA drawdown is -1.30%.
| Rank | MSLC | IFRA |
|---|---|---|
| #1 | -17.86% Feb 19, 2025 - Jun 26, 2025 | -41.06% Feb 20, 2020 - Nov 16, 2020 |
| #2 | -9.31% Jan 12, 2026 - Apr 15, 2026 | -19.93% Nov 25, 2024 - Jul 22, 2025 |
| #3 | -5.29% Oct 28, 2025 - Dec 11, 2025 | -19.50% Sep 18, 2018 - Jun 28, 2019 |
| #4 | -4.51% Dec 11, 2024 - Jan 22, 2025 | -18.48% Apr 20, 2022 - Feb 1, 2023 |
| #5 | -4.08% Jun 1, 2026 - Jun 10, 2026 | -13.99% Jul 26, 2023 - Dec 19, 2023 |
| #6 | -2.85% Oct 8, 2025 - Oct 24, 2025 | -11.09% Feb 2, 2023 - Jul 12, 2023 |
| #7 | -2.51% Jul 25, 2025 - Aug 12, 2025 | -8.40% Mar 2, 2026 - Apr 23, 2026 |
| #8 | -2.43% Dec 11, 2025 - Dec 23, 2025 | -8.22% Jan 4, 2022 - Mar 17, 2022 |
| #9 | -1.83% May 14, 2026 - May 26, 2026 | -7.85% Sep 2, 2021 - Nov 3, 2021 |
| #10 | -1.57% Sep 22, 2025 - Oct 3, 2025 | -7.60% May 7, 2021 - Aug 11, 2021 |
| #11 | -1.49% Jan 23, 2025 - Feb 18, 2025 | -7.12% Jul 5, 2019 - Sep 11, 2019 |
| #12 | -1.43% Aug 14, 2025 - Aug 22, 2025 | -7.03% May 21, 2024 - Jul 16, 2024 |
| #13 | -1.22% Aug 28, 2025 - Sep 8, 2025 | -6.62% Nov 23, 2021 - Dec 27, 2021 |
| #14 | -1.12% Dec 26, 2025 - Jan 6, 2026 | -6.34% Jul 31, 2024 - Sep 17, 2024 |
| #15 | -0.83% Jul 3, 2025 - Jul 17, 2025 | -6.13% Dec 26, 2023 - Feb 29, 2024 |
Correlation
Correlation between MSLC and IFRA is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.
0.92
-101
Dividend Comparison (2018 - 2026)
MSLC vs IFRA dividend yield comparison.
| Year | MSLC | IFRA |
|---|---|---|
| 2026 | 0.00% | 0.44% |
| 2025 | 2.15% | 1.84% |
| 2024 | 0.00% | 1.75% |
| 2023 | 0.00% | 1.98% |
| 2022 | 0.00% | 1.98% |
| 2021 | 0.00% | 1.63% |
| 2020 | 0.00% | 2.08% |
| 2019 | 0.00% | 1.68% |
| 2018 | 0.00% | 2.50% |
Select Stocks to Compare
Popular: MSLC vs SPYIFRA vs SPY
More Comparisons
Compare with similar stocks