ATLASMorgan Stanley Pathway Large Cap Equity ETF (MSLC): outlook, holdings and fees
Morgan Stanley Pathway Large Cap Equity ETF (MSLC) is an exchange-traded fund and is managed by Morgan Stanley. The expense ratio is 0.40% and the yield is 0.83%. The ten largest holdings are 36% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on MSLC
| Last price | $59.95 (+0.6%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 55% |
| Likely 1-month range (50%) | $58.71 – $61.82 |
| Normal 1-day range (±1σ) | ±0.9% |
| Distribution yield | 0.83% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
MSLC fund facts
| Issuer | Morgan Stanley |
|---|---|
| Theme | US large caps |
| Assets under management | $4.1B |
| Expense ratio | 0.40% |
| Number of holdings | 49 |
| Inception | Nov 18, 1991 |
| Exchange | NYSE |
The fund will invest, under normal market conditions, at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in the equity securities of large capitalization (or "cap") companies or in other investments with similar economic characteristics. The manager defines large cap companies as companies whose market capitalizations typically fall within the range of the Russell 1000® Index.
MSLC top holdings
| Holding | Sector | Weight |
|---|---|---|
| NVIDIA Corporation NVDA | Technology | 7.07% |
| Microsoft Corporation MSFT | Technology | 5.83% |
| Apple Inc. AAPL | Technology | 5.82% |
| Amazon.com Inc AMZN | Consumer Cyclical | 4.00% |
| Alphabet Inc Class A GOOGL | Communication Services | 3.48% |
| Meta Platforms Inc. META | Communication Services | 2.42% |
| Broadcom Inc AVGO | Technology | 2.53% |
| Alphabet Inc Class C GOOG | Communication Services | 2.09% |
| Micron Technology Inc MU | Technology | 1.59% |
| JPMorgan Chase & Co JPM | Financial Services | 1.56% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
MSLC sector breakdown
| Sector | Weight |
|---|---|
| Technology | 36.0% |
| Financial Services | 13.5% |
| Communication Services | 10.5% |
| Consumer Cyclicals | 9.4% |
| Industrials | 9.1% |
| Healthcare | 9.1% |
| Energy | 3.6% |
| Consumer Defensive | 3.4% |
| Basic Materials | 2.0% |
| Utilities | 1.9% |
| Real Estate | 1.7% |
By region: North America 99.6%, Europe Developed 0.2%.
MSLC returns and risk
| Year to date | +12.9% |
|---|---|
| 1 year | +14.6% |
| 3 years (annualised) | +20.5% |
| 5 years (annualised) | +11.2% |
| 10 years (annualised) | +13.0% |
| Volatility (3 years) | 12.4% |
| Sharpe ratio (3 years) | 1.16 |
Past returns do not guarantee future results.
MSLC: frequently asked questions
What does MSLC invest in?
Morgan Stanley Pathway Large Cap Equity ETF invests in a portfolio of securities. Its largest holdings are NVIDIA Corporation (7.1%), Microsoft Corporation (5.8%), Apple Inc. (5.8%), Amazon.com Inc (4.0%), Alphabet Inc Class A (3.5%).
What is the MSLC expense ratio?
0.40% a year: about $40.00 for every $10,000 invested.
What is the MSLC dividend yield?
0.83%. ATLAS does not hold the exact distribution dates for ETFs.
Will MSLC go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 55%, with a likely range (50%) of $58.71 to $61.82 from $59.95 today. It is a probability, not a prediction.
How has MSLC performed?
Year to date +12.9%, one year +14.6%, three years +20.5% a year, five years +11.2% a year. Past returns do not guarantee future results.
Similar ETFs: US large caps
- Vanguard Total Stock Market ETF (VTI)
- Schwab U.S. Dividend Equity ETF (SCHD)
- iShares Core S&P Total U.S. Stock Market ETF (ITOT)
- Schwab U.S. Large-Cap ETF (SCHX)
- Schwab U.S. Large-Cap Growth ETF (SCHG)
- Vanguard Morningstar Large-Cap ETF (VV)
- Dimensional U.S. Core Equity 2 ETF (DFAC)
- iShares MSCI USA Quality Factor ETF (QUAL)
Educational information, not investment advice. Disclaimer