MSSM vs VSDM
Comparison between MORGAN STANLEY PATHWAY SMALL-MID CAP EQUITY ETF (MSSM, ETF) and VANGUARD SHORT DURATION TAX-EXEMPT BOND ETF ETF SHARES (VSDM, ETF).
MSSM vs VSDM - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
MSSM
$762M
VSDM
$760M
Expense Ratio
MSSM
0.62%
Winner
VSDM
0.12%
Max Drawdown
MSSM
24.18%
Winner
VSDM
1.94%
Sharpe Ratio
Winner
MSSM
1.34
VSDM
0.00
5Y Beta
MSSM
1.04
Winner
VSDM
0.01
P/E Ratio
MSSM
100.11
VSDM
N/A
Forward P/E
MSSM
15.38
VSDM
N/A
5Y EPS CAGR
MSSM
14.28%
VSDM
N/A
Debt to Equity
MSSM
54.67%
VSDM
N/A
P/S Ratio
MSSM
1.30
VSDM
N/A
P/B Ratio
MSSM
2.46
VSDM
N/A
MSSM vs VSDM - Historical Returns
Returns include dividend reinvestment.
1M
MSSM
-1.35%
Winner
VSDM
-0.14%
3M
Winner
MSSM
+5.57%
VSDM
+0.27%
6M
Winner
MSSM
+9.79%
VSDM
+0.70%
1Y
Winner
MSSM
+29.99%
VSDM
+3.77%
Max(CAGR)
Winner
MSSM
+14.43%
VSDM
+3.88%
MSSM vs VSDM - Annual Returns (2024 - 2026)
Returns include dividend reinvestment.
| Year | MSSM | VSDM |
|---|---|---|
| 2026 | +16.98% | +1.23% |
| 2025 | +11.21% | +5.39% |
| 2024 | -5.83% | -0.15% |
MSSM vs VSDM Drawdown Comparison
The maximum drawdown for MSSM was -24.18%, occurring on Apr 8, 2025. Recovery took 175 trading sessions.
The maximum drawdown for VSDM was -1.81%, occurring on Apr 11, 2025. Recovery took 47 trading sessions.
The current MSSM drawdown is -3.14%. The current VSDM drawdown is -0.37%.
| Rank | MSSM | VSDM |
|---|---|---|
| #1 | -24.18% Dec 9, 2024 - Aug 22, 2025 | -1.81% Apr 4, 2025 - Jun 12, 2025 |
| #2 | -9.50% Feb 10, 2026 - Apr 14, 2026 | -1.46% Feb 27, 2026 - Jul 2, 2026 |
| #3 | -7.11% Oct 27, 2025 - Dec 4, 2025 | -0.95% Dec 6, 2024 - Feb 3, 2025 |
| #4 | -4.35% May 6, 2026 - May 26, 2026 | -0.54% Feb 25, 2025 - Apr 3, 2025 |
| #5 | -4.14% Jun 30, 2026 - Jul 20, 2026 | -0.47% Sep 16, 2025 - Oct 16, 2025 |
| #6 | -3.84% Oct 6, 2025 - Oct 24, 2025 | -0.37% Jul 6, 2026 - Jul 21, 2026 |
| #7 | -3.71% Dec 11, 2025 - Jan 6, 2026 | -0.28% Feb 6, 2025 - Feb 20, 2025 |
| #8 | -3.26% Jan 22, 2026 - Feb 9, 2026 | -0.20% Oct 17, 2025 - Nov 11, 2025 |
| #9 | -3.16% Jun 4, 2026 - Jun 12, 2026 | -0.13% Dec 19, 2025 - Dec 31, 2025 |
| #10 | -2.47% Sep 18, 2025 - Oct 3, 2025 | -0.11% Aug 13, 2025 - Aug 22, 2025 |
| #11 | -2.28% Apr 20, 2026 - Apr 30, 2026 | -0.09% Feb 18, 2026 - Feb 23, 2026 |
| #12 | -1.74% Jun 15, 2026 - Jun 22, 2026 | -0.07% Jul 29, 2025 - Aug 1, 2025 |
| #13 | -1.63% Jan 15, 2026 - Jan 21, 2026 | -0.07% Jun 17, 2025 - Jun 23, 2025 |
| #14 | -1.52% Aug 28, 2025 - Sep 5, 2025 | -0.07% Jul 11, 2025 - Jul 21, 2025 |
| #15 | -1.37% Jun 22, 2026 - Jun 25, 2026 | -0.07% Nov 11, 2025 - Nov 25, 2025 |
Correlation
Correlation between MSSM and VSDM is 0.89 which considered as a strong positive correlation - the stocks tend to move together.
0.89
-101
Dividend Comparison (2024 - 2026)
MSSM vs VSDM dividend yield comparison.
| Year | MSSM | VSDM |
|---|---|---|
| 2026 | 0.00% | 1.55% |
| 2025 | 3.15% | 3.06% |
| 2024 | 0.00% | 0.35% |
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