MSSM vs IGR

Comparison between MORGAN STANLEY PATHWAY SMALL-MID CAP EQUITY ETF (MSSM, ETF) and CBRE Global Real Estate Income Fund (IGR, ETF).

MSSM vs IGR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MSSM(ETF)	IGR(ETF)
Net Assets	$707M	$707M
Expense Ratio	0.62%	N/A
Max Drawdown	24.18%	90.88%
Sharpe Ratio	1.31	0.45
5Y Beta	1.04	0.61
P/E Ratio	159.74	N/A
Forward P/E	15.65	N/A
5Y Dividends CAGR	N/A	5.39%
5Y EPS CAGR	14.92%	N/A
Debt to Equity	55.79%	N/A
P/S Ratio	1.31	N/A
P/B Ratio	2.49	N/A

Net Assets

Winner

MSSM

$707M

IGR

$707M

Expense Ratio

MSSM

0.62%

IGR

N/A

Max Drawdown

Winner

MSSM

24.18%

IGR

90.88%

Sharpe Ratio

Winner

MSSM

1.31

IGR

0.45

5Y Beta

MSSM

1.04

Winner

IGR

0.61

P/E Ratio

MSSM

159.74

IGR

N/A

Forward P/E

MSSM

15.65

IGR

N/A

5Y Dividends CAGR

MSSM

N/A

IGR

5.39%

5Y EPS CAGR

MSSM

14.92%

IGR

N/A

Debt to Equity

MSSM

55.79%

IGR

N/A

P/S Ratio

MSSM

1.31

IGR

N/A

P/B Ratio

MSSM

2.49

IGR

N/A

MSSM vs IGR - Historical Returns

Returns include dividend reinvestment.

Period	MSSM	IGR
1 month	+1.80%	+0.22%
3 months	+3.28%	+3.08%
6 months	+10.15%	+2.15%
1 year	+25.79%	+9.06%
5 years(CAGR)	N/A	-0.21%
10 years(CAGR)	N/A	+4.69%
Max(CAGR)	+14.01%	+5.00%

Winner

MSSM

+1.80%

IGR

+0.22%

Winner

MSSM

+3.28%

IGR

+3.08%

Winner

MSSM

+10.15%

IGR

+2.15%

Winner

MSSM

+25.79%

IGR

+9.06%

5Y(CAGR)

MSSM

N/A

IGR

-0.21%

10Y(CAGR)

MSSM

N/A

IGR

+4.69%

Max(CAGR)

Winner

MSSM

+14.01%

IGR

+5.00%

MSSM vs IGR - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

Year	MSSM	IGR
2026	+17.73%	+17.36%
2025	+11.21%	+5.54%
2024	-5.83%	+0.51%
2023	N/A	+5.89%
2022	N/A	-35.42%
2021	N/A	+57.03%
2020	N/A	-5.27%
2019	N/A	+40.56%
2018	N/A	-15.50%
2017	N/A	+16.07%
2016	N/A	+5.06%
2015	N/A	-9.35%
2014	N/A	+20.54%
2013	N/A	-7.17%
2012	N/A	+36.46%
2011	N/A	-6.85%
2010	N/A	+30.16%
2009	N/A	+68.60%
2008	N/A	-68.50%
2007	N/A	-29.63%
2006	N/A	+74.71%
2005	N/A	+19.84%
2004	N/A	+6.49%

MSSM vs IGR Drawdown Comparison

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

The maximum drawdown for IGR was -87.09%, occurring on Mar 9, 2009. Recovery took 3206 trading sessions.

The current MSSM drawdown is -2.52%. The current IGR drawdown is -12.08%.

Rank	MSSM	IGR
#1	-24.18% Dec 9, 2024 - Aug 22, 2025	-87.09% Dec 29, 2006 - Sep 26, 2019
#2	-9.50% Feb 10, 2026 - Apr 14, 2026	-54.29% Feb 18, 2020 - Mar 26, 2021
#3	-7.11% Oct 27, 2025 - Dec 4, 2025	-50.87% Dec 31, 2021 - Oct 27, 2023
#4	-5.34% Jun 30, 2026 - Jul 29, 2026	-25.36% Mar 5, 2004 - Dec 2, 2004
#5	-4.35% May 6, 2026 - May 26, 2026	-10.92% May 10, 2006 - Jul 25, 2006
#6	-3.84% Oct 6, 2025 - Oct 24, 2025	-10.76% Sep 3, 2021 - Nov 8, 2021
#7	-3.71% Dec 11, 2025 - Jan 6, 2026	-10.29% Aug 3, 2005 - Dec 8, 2005
#8	-3.26% Jan 22, 2026 - Feb 9, 2026	-8.84% Apr 6, 2006 - May 10, 2006
#9	-3.16% Jun 4, 2026 - Jun 12, 2026	-8.51% Nov 1, 2006 - Nov 29, 2006
#10	-2.47% Sep 18, 2025 - Oct 3, 2025	-8.39% Mar 4, 2005 - Apr 27, 2005
#11	-2.28% Apr 20, 2026 - Apr 30, 2026	-6.68% Dec 31, 2004 - Feb 15, 2005
#12	-1.74% Jun 15, 2026 - Jun 22, 2026	-4.60% Nov 12, 2021 - Dec 7, 2021
#13	-1.63% Jan 15, 2026 - Jan 21, 2026	-4.57% Jan 9, 2006 - Feb 2, 2006
#14	-1.52% Aug 28, 2025 - Sep 5, 2025	-4.45% Apr 29, 2021 - May 20, 2021
#15	-1.37% Jun 22, 2026 - Jun 25, 2026	-3.96% Jun 14, 2021 - Jul 12, 2021

Correlation

Correlation between MSSM and IGR is 0.67 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.67

-101

Dividend Comparison (2004 - 2026)

MSSM vs IGR dividend yield comparison.

Year	MSSM	IGR
2026	0.00%	10.32%
2025	3.15%	16.44%
2024	0.00%	14.97%
2023	0.00%	13.26%
2022	0.00%	12.22%
2021	0.00%	6.13%
2020	0.00%	8.72%
2019	0.00%	7.48%
2018	0.00%	9.74%
2017	0.00%	7.58%
2016	0.00%	8.84%
2015	0.00%	7.46%
2014	0.00%	6.01%
2013	0.00%	6.82%
2012	0.00%	6.57%
2011	0.00%	7.89%
2010	0.00%	6.97%
2009	0.00%	8.48%
2008	0.00%	31.16%
2007	0.00%	23.28%
2006	0.00%	13.70%
2005	0.00%	9.49%
2004	0.00%	4.93%