MSLC vs. FTIF

Last updated Jun 25, 2026

MSLC (Morgan Stanley Pathway Large Cap Equity ETF) and FTIF (First Trust Bloomberg Inflation Sensitive Equity ETF) are both Large Cap Blend Equities funds. MSLC is actively managed, while FTIF is passively managed. Over the past year, MSLC returned 17.63% vs 28.27% for FTIF. A 0.61 correlation means they provide meaningful diversification when combined. MSLC charges 0.39%/yr vs 0.60%/yr for FTIF.

Performance

MSLC vs. FTIF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Morgan Stanley Pathway Large Cap Equity ETF (MSLC) and First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MSLC achieves a 6.23% return, which is significantly lower than FTIF's 20.08% return.

MSLC

• 1D: -0.07%
• 1M: -1.30%
• YTD: 6.23%
• 6M: 5.07%
• 1Y: 17.63%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FTIF

• 1D: -0.74%
• 1M: -3.55%
• YTD: 20.08%
• 6M: 18.84%
• 1Y: 28.27%
• 3Y*: 13.80%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MSLC vs. FTIF - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MSLC Morgan Stanley Pathway Large Cap Equity ETF	6.23%	15.68%	-3.29%
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF	20.08%	7.79%	-5.71%

Correlation

The correlation between MSLC and FTIF is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (All Time) Calculated using the full available price history since Dec 9, 2024	0.61

The correlation between MSLC and FTIF shifts across timeframes, from 0.48 (1 year) to 0.61 (all time), reflecting how their relationship changes across market environments.

Return for Risk

MSLC vs. FTIF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MSLC

MSLC Risk / Return Rank: 47
MSLC Sharpe Ratio Rank: 47
MSLC Sortino Ratio Rank: 45
MSLC Omega Ratio Rank: 46
MSLC Calmar Ratio Rank: 43
MSLC Martin Ratio Rank: 54

FTIF

FTIF Risk / Return Rank: 72
FTIF Sharpe Ratio Rank: 64
FTIF Sortino Ratio Rank: 63
FTIF Omega Ratio Rank: 59
FTIF Calmar Ratio Rank: 91
FTIF Martin Ratio Rank: 81

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MSLC vs. FTIF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Pathway Large Cap Equity ETF (MSLC) and First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	MSLC	FTIF	Difference
Sharpe ratio: Return per unit of total volatility	1.44	1.84	-0.40
Sortino ratio: Return per unit of downside risk	2.01	2.58	-0.57
Omega ratio: Gain probability vs. loss probability	1.26	1.32	-0.06
Calmar ratio: Return relative to maximum drawdown	1.90	5.20	-3.30
Martin ratio: Return relative to average drawdown	8.12	14.29	-6.18

MSLC vs. FTIF - Sharpe Ratio Comparison

The current MSLC Sharpe Ratio is 1.44, which is comparable to the FTIF Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of MSLC and FTIF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MSLC vs. FTIF - Drawdown Comparison

The maximum MSLC drawdown since its inception was -17.86%, smaller than the maximum FTIF drawdown of -27.83%. Use the drawdown chart below to compare losses from any high point for MSLC and FTIF.

Drawdown Indicators

	MSLC	FTIF	Difference
Max Drawdown Largest peak-to-trough decline	-17.86%	-27.83%	+9.97%
Max Drawdown (1Y) Largest decline over 1 year	-9.31%	-5.46%	-3.85%
Max Drawdown (3Y) Largest decline over 3 years	—	-27.83%	—
Current Drawdown Current decline from peak	-2.94%	-5.03%	+2.09%
Average Drawdown Average peak-to-trough decline	-2.44%	-5.95%	+3.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.18%	1.98%	+0.20%

Volatility

MSLC vs. FTIF - Volatility Comparison

Morgan Stanley Pathway Large Cap Equity ETF (MSLC) and First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF) have volatilities of 4.57% and 4.52%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MSLC	FTIF	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.57%	4.52%	+0.05%
Volatility (6M) Calculated over the trailing 6-month period	9.63%	10.78%	-1.15%
Volatility (1Y) Calculated over the trailing 1-year period	12.31%	15.40%	-3.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.13%	18.91%	-1.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.13%	18.91%	-1.78%

MSLC vs. FTIF - Expense Ratio Comparison

MSLC has a 0.39% expense ratio, which is lower than FTIF's 0.60% expense ratio.

Dividends

MSLC vs. FTIF - Dividend Comparison

MSLC's dividend yield for the trailing twelve months is around 2.02%, more than FTIF's 1.16% yield.

Position	TTM	2025	2024	2023
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF	1.16%	1.45%	2.88%	1.55%
MSLC Morgan Stanley Pathway Large Cap Equity ETF	2.02%	2.15%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MSLC and FTIF in my portfolio?

MSLC and FTIF have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MSLC or FTIF?

MSLC has higher volatility (4.57%) compared to FTIF (4.52%). In terms of maximum drawdown, MSLC dropped -17.86% vs FTIF's -27.83%.

Which ETF is better, MSLC or FTIF?

On 1-year performance, FTIF leads with 28.27% vs 17.63% for MSLC. On fees, MSLC is cheaper at 0.39% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MSLC or FTIF?

Over the 1-year period, FTIF has performed better with a 28.27% return vs 17.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MSLC or FTIF?

MSLC is cheaper with a 0.39% expense ratio, compared with 0.60% for FTIF.

Which ETF pays a higher dividend yield, MSLC or FTIF?

MSLC has the higher dividend yield at 2.02%, compared with 1.16% for FTIF.

What is the main difference between MSLC and FTIF?

They also come from different issuers: Morgan Stanley and First Trust. Their fees differ too: 0.39% for MSLC and 0.60% for FTIF.

Which has better risk-adjusted returns?

FTIF currently has the higher Sharpe Ratio (1.84 vs 1.44), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.