# ETFs that hold MS

Morgan Stanley, Investment Banking & Brokerage, $342B market cap. Held by 114 of 578 covered US ETFs.

Canonical page: https://tickerinside.com/stock/ms/
Holdings from each issuer's latest file, dated 2026-07-31 to 2026-09-05. Prices through 2026-09-04.
Licence: CC BY 4.0, attribution to TickerInside. Measurements, not investment advice.

114 of the 578 US ETFs covered here hold Morgan Stanley (MS), according to their issuers' own holdings files. The heaviest is PGF at 10.65%, where it ranks #2 of 42 positions, followed by KBWB at 7.47% and PGX at 6.70%. In VTI, the largest of them by assets, it weighs 0.35%, rank #44 of 3469.

No covered fund makes MS its largest position; the highest it ranks is #2, in PGF. The median weight across the 114 holders is 0.44%: 3 of them carry it above 5% and 90 keep it under 1%. Of the 136 covered funds with 500 or more positions, 47 hold MS, at weights from 0.01% to 0.96%.

The issuer files behind these weights are dated between 2026-07-31 and 2026-09-05; 67 of the 114 carry 2026-09-03, the most common date. Over three years MS returned 181.1%, with a worst fall of 28.7% and annualised volatility of 28.3%; its beta against SPY over the same weeks is 1.43. Its best calendar year in the data is 2025 at +45.2% and its worst 2022 at -10.3%.

## Which funds hold MS, and at what weight

| Rank | Fund | Name | Weight | Issuer file |
| --- | --- | --- | --- | --- |
| 1 | PGF | Invesco Financial Preferred ETF | 10.65% | 2026-09-05 |
| 2 | KBWB | Invesco KBW Bank ETF | 7.47% | 2026-09-05 |
| 3 | PGX | Invesco Preferred ETF | 6.70% | 2026-09-05 |
| 4 | PFF | iShares Preferred and Income Securities ETF | 3.65% | 2026-09-03 |
| 5 | PFI | Invesco Dorsey Wright Financial Momentum ETF | 3.65% | 2026-09-05 |
| 6 | IYF | iShares U.S. Financials ETF | 3.60% | 2026-09-03 |
| 7 | IYG | iShares U.S. Financial Services ETF | 3.50% | 2026-09-03 |
| 8 | PWV | Invesco Large Cap Value ETF | 3.32% | 2026-09-05 |
| 9 | XLF | Financial Select Sector SPDR Fund | 3.15% | 2026-09-03 |
| 10 | VFH | Vanguard Financials ETF | 2.84% | 2026-07-31 |
| 11 | VUSV | Vanguard Wellington U.S. Value Active ETF | 2.25% | 2026-09-04 |
| 12 | DECO | State Street Galaxy Digital Asset Ecosystem ETF | 1.95% | 2026-09-03 |
| 13 | HECO | State Street Galaxy Hedged Digital Asset Ecosystem ETF | 1.94% | 2026-09-03 |
| 14 | DVVY | Invesco Diversified Dividend Opportunities ETF | 1.79% | 2026-09-05 |
| 15 | IXG | iShares Global Financials ETF | 1.59% | 2026-09-03 |
| 16 | KCE | State Street SPDR S&P Capital Markets ETF | 1.46% | 2026-09-03 |
| 17 | SUSA | iShares ESG Optimized MSCI USA ETF | 1.29% | 2026-09-03 |
| 18 | RSPF | Invesco S&P 500 Equal Weight Financials ETF | 1.24% | 2026-09-05 |
| 19 | PFM | Invesco Dividend AchieversTM ETF | 1.23% | 2026-09-05 |
| 20 | MGV | Vanguard Morningstar Mega Cap Value ETF | 1.18% | 2026-07-31 |
| 21 | MTUM | iShares MSCI USA Momentum Factor ETF | 1.12% | 2026-09-03 |
| 22 | VIG | Vanguard Dividend Appreciation ETF | 1.09% | 2026-07-31 |
| 23 | DGRO | iShares Core Dividend Growth ETF | 1.04% | 2026-09-03 |
| 24 | SPMO | Invesco S&P 500 Momentum ETF | 1.01% | 2026-09-05 |
| 25 | EQWL | Invesco S&P 100 Equal Weight ETF | 0.99% | 2026-09-05 |
| 26 | EVUS | iShares ESG Aware MSCI USA Value ETF | 0.98% | 2026-09-03 |
| 27 | VYM | Vanguard High Dividend Yield ETF | 0.96% | 2026-07-31 |
| 28 | DIVG | Invesco S&P 500 High Dividend Growers ETF | 0.95% | 2026-09-05 |
| 29 | VTV | Vanguard Value ETF | 0.93% | 2026-07-31 |
| 30 | IWX | iShares Russell Top 200 Value ETF | 0.88% | 2026-09-03 |
| 31 | SCHV | Schwab U.S. Large-Cap Value ETF | 0.82% | 2026-09-03 |
| 32 | PSK | State Street SPDR ICE Preferred Securities ETF | 0.80% | 2026-09-03 |
| 33 | ILCV | iShares Morningstar Value ETF | 0.74% | 2026-09-03 |
| 34 | SHE | State Street SPDR MSCI USA Gender Diversity ETF | 0.74% | 2026-09-03 |
| 35 | SUSL | iShares ESG MSCI USA Leaders ETF | 0.73% | 2026-09-03 |
| 36 | SPHB | Invesco S&P 500 High Beta ETF | 0.72% | 2026-09-05 |
| 37 | THRO | iShares U.S. Thematic Rotation Active ETF | 0.72% | 2026-09-03 |
| 38 | DSI | iShares ESG MSCI KLD 400 ETF | 0.71% | 2026-09-03 |
| 39 | IWD | iShares Russell 1000 Value ETF | 0.64% | 2026-09-03 |
| 40 | VONV | Vanguard Russell 1000 Value ETF | 0.64% | 2026-07-31 |
| 41 | RWL | Invesco S&P 500 Revenue ETF | 0.63% | 2026-09-05 |
| 42 | EFIV | State Street SPDR S&P 500 ESG ETF | 0.63% | 2026-09-03 |
| 43 | XLG | Invesco S&P 500 Top 50 ETF | 0.62% | 2026-09-05 |
| 44 | IOO | iShares Global 100 ETF | 0.62% | 2026-09-03 |
| 45 | IQSZ | Invesco Global Equity Net Zero ETF | 0.61% | 2026-09-05 |
| 46 | MMTM | State Street SPDR S&P 1500 Momentum Tilt ETF | 0.56% | 2026-09-03 |
| 47 | DIVB | iShares Core Dividend ETF | 0.55% | 2026-09-03 |
| 48 | PDP | Invesco Dorsey Wright Momentum ETF | 0.55% | 2026-09-05 |
| 49 | OEF | iShares S&P 100 ETF | 0.54% | 2026-09-03 |
| 50 | ESGU | iShares ESG Aware MSCI USA ETF | 0.51% | 2026-09-03 |
| 51 | CVY | Invesco Zacks Multi-Asset Income ETF | 0.51% | 2026-09-05 |
| 52 | RSPA | Invesco S&P 500 Equal Weight Income Advantage ETF | 0.48% | 2026-09-05 |
| 53 | MGC | Vanguard Morningstar Mega Cap ETF | 0.47% | 2026-07-31 |
| 54 | TOPC | iShares S&P 500 3% Capped ETF | 0.47% | 2026-09-03 |
| 55 | PRF | Invesco RAFI US 1000 ETF | 0.44% | 2026-09-05 |
| 56 | QVML | Invesco S&P 500 QVM Multi-factor ETF | 0.44% | 2026-09-05 |
| 57 | VOOG | Vanguard S&P 500 Growth ETF | 0.44% | 2026-07-31 |
| 58 | IVW | iShares S&P 500 Growth ETF | 0.44% | 2026-09-03 |
| 59 | XVV | iShares ESG Select Screened S&P 500 ETF | 0.44% | 2026-09-03 |
| 60 | SPYG | SPDR Portfolio S&P 500 Growth ETF | 0.44% | 2026-09-03 |
| 61 | KLMN | Invesco MSCI North America Climate ETF | 0.43% | 2026-09-05 |
| 62 | IUSG | iShares Core S&P U.S. Growth ETF | 0.42% | 2026-09-03 |
| 63 | IWL | iShares Russell Top 200 ETF | 0.42% | 2026-09-03 |
| 64 | VLU | State Street SPDR S&P 1500 Value Tilt ETF | 0.41% | 2026-09-03 |
| 65 | ESGV | Vanguard ESG U.S. Stock ETF | 0.40% | 2026-09-04 |
| 66 | SPYX | State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF | 0.40% | 2026-09-03 |
| 67 | EFAA | Invesco MSCI EAFE Income Advantage ETF | 0.40% | 2026-09-05 |
| 68 | VV | Vanguard Morningstar Large-Cap ETF | 0.40% | 2026-07-31 |
| 69 | VOO | Vanguard S&P 500 ETF | 0.39% | 2026-07-31 |
| 70 | IVV | iShares Core S&P 500 ETF | 0.39% | 2026-09-03 |
| 71 | ILCB | iShares Morningstar U.S. Equity ETF | 0.39% | 2026-09-03 |
| 72 | SPYM | State Street SPDR Portfolio S&P 500 ETF | 0.39% | 2026-09-03 |
| 73 | SPY | SPDR S&P 500 ETF Trust | 0.39% | 2026-09-03 |
| 74 | PBUS | Invesco MSCI USA ETF | 0.39% | 2026-09-05 |
| 75 | SCHX | Schwab U.S. Large-Cap ETF | 0.37% | 2026-09-03 |
| 76 | SPTM | State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF | 0.36% | 2026-09-03 |
| 77 | BALQ | iShares Nasdaq Premium Income Active ETF | 0.36% | 2026-09-03 |
| 78 | IYY | iShares Dow Jones U.S. ETF | 0.36% | 2026-09-03 |
| 79 | SPGM | State Street SPDR Portfolio MSCI Global Stock Market ETF | 0.36% | 2026-09-03 |
| 80 | ITOT | iShares Core S&P Total U.S. Stock Market ETF | 0.35% | 2026-09-03 |
| 81 | USCL | iShares Climate Conscious & Transition MSCI USA ETF | 0.35% | 2026-09-03 |
| 82 | SCHB | Schwab U.S. Broad Market ETF | 0.35% | 2026-09-03 |
| 83 | VTI | Vanguard Total Stock Market ETF | 0.35% | 2026-07-31 |
| 84 | VONE | Vanguard Russell 1000 ETF | 0.34% | 2026-07-31 |
| 85 | NZAC | State Street SPDR MSCI ACWI Climate Paris Aligned ETF | 0.34% | 2026-09-03 |
| 86 | IWB | iShares Russell 1000 ETF | 0.34% | 2026-09-03 |
| 87 | VFMO | Vanguard U.S. Momentum Factor ETF | 0.34% | 2026-09-04 |
| 88 | VOOV | Vanguard S&P 500 Value ETF | 0.33% | 2026-07-31 |
| 89 | SPYV | SPDR Portfolio S&P 500 Value ETF | 0.33% | 2026-09-03 |
| 90 | IVE | iShares S&P 500 Value ETF | 0.33% | 2026-09-03 |
| 91 | IWV | iShares Russell 3000 ETF | 0.33% | 2026-09-03 |
| 92 | VTHR | Vanguard Russell 3000 ETF | 0.33% | 2026-07-31 |
| 93 | IUSV | iShares Core S&P U.S. Value ETF | 0.31% | 2026-09-03 |
| 94 | TOK | iShares MSCI Kokusai ETF | 0.30% | 2026-09-03 |
| 95 | KLMT | Invesco MSCI Global Climate 500 ETF | 0.29% | 2026-09-05 |
| 96 | URTH | iShares MSCI World ETF | 0.28% | 2026-09-03 |
| 97 | CRBN | iShares Low Carbon Optimized MSCI ACWI ETF | 0.25% | 2026-09-03 |
| 98 | ACWI | iShares MSCI ACWI ETF | 0.24% | 2026-09-03 |
| 99 | VT | Vanguard Total World Stock ETF | 0.21% | 2026-07-31 |
| 100 | EUSA | iShares MSCI USA Equal Weighted ETF | 0.20% | 2026-09-03 |
| 101 | RSP | Invesco S&P 500 Equal Weight ETF | 0.20% | 2026-09-05 |
| 102 | SIZE | iShares MSCI USA Size Factor ETF | 0.19% | 2026-09-03 |
| 103 | QUS | State Street SPDR MSCI USA StrategicFactors℠ ETF | 0.19% | 2026-09-03 |
| 104 | DYNF | iShares U.S. Equity Factor Rotation Active ETF | 0.15% | 2026-09-03 |
| 105 | LRGF | iShares U.S. Equity Factor ETF | 0.14% | 2026-09-03 |
| 106 | ENHU | iShares Enhanced Large Cap Core Active ETF | 0.11% | 2026-09-03 |
| 107 | QWLD | State Street SPDR MSCI World StrategicFactors℠ ETF | 0.10% | 2026-09-03 |
| 108 | INRO | iShares U.S. Industry Rotation Active ETF | 0.10% | 2026-09-03 |
| 109 | LCTU | iShares U.S. Carbon Transition Readiness Aware Active ETF | 0.07% | 2026-09-03 |
| 110 | EQAL | Invesco Russell 1000 Equal Weight ETF | 0.06% | 2026-09-05 |
| 111 | VFVA | Vanguard U.S. Value Factor ETF | 0.05% | 2026-09-04 |
| 112 | VFMF | Vanguard U.S. Multifactor ETF | 0.03% | 2026-09-04 |
| 113 | OMFL | Invesco Russell 1000 Dynamic Multifactor ETF | 0.01% | 2026-09-05 |
| 114 | ONEO | State Street SPDR Russell 1000 Momentum Focus ETF | 0.01% | 2026-09-03 |

One fund with a non-US mandate, CORO, files a row under the symbol MS; that row is left out of this page and of its counts, because in such a file a US symbol is usually the local exchange code of a different company. The JSON file and the holders index keep every raw row, 115 in all.

The same list as JSON: https://tickerinside.com/api/v1/sec/ms.json

## Key figures

| Measure | Value |
| --- | --- |
| Last close, 2026-09-04 | 217.72 USD (+0.26% on the day) |
| Total return, 1 year | 50.4% |
| Total return, 3 years | 181.1% |
| Total return, 5 years | 146.4% |
| Volatility, annualised | 28.3% |
| Worst fall, 3 years | -28.7% |
| Beta against SPY | 1.43 |
| Market cap | $341.9B |
| Price to earnings, trailing | 17.6 |
| Dividend yield | 1.91% |
| Funds holding it | 114 of 578 |
| Broad funds holding it, 500 positions or more | 47 of 136 |
| $100 three years ago became | $281 |

## How has MS done, year by year?

| Year | Total return |
| --- | --- |
| 2026 | 24.7% |
| 2025 | 45.2% |
| 2024 | 39.7% |
| 2023 | 13.9% |
| 2022 | -10.3% |

## What would diversify MS?

The stocks that have moved least like MS, among those held by ten or more covered funds, closed-end funds left out. A measurement of co-movement, not a suggestion.

| Ticker | Name | Correlation, 3 years | Reads as |
| --- | --- | --- | --- |
| AWK | American Water Works | -0.32 | moves the opposite way |
| BCE | BCE, Inc. | -0.23 | moves the opposite way |
| WTRG | Essential Utilities, Inc. | -0.22 | moves the opposite way |
| BJ | BJ's Wholesale Club Holdings, Inc. | -0.22 | moves the opposite way |
| KR | Kroger | -0.19 | moves the opposite way |
| CAG | ConAgra Brands, Inc. | -0.18 | moves the opposite way |

## What moves with MS?

| Ticker | Name | Correlation, 3 years | Reads as |
| --- | --- | --- | --- |
| GS | Goldman Sachs | 0.90 | usually in step |
| EVR | Evercore Inc. | 0.81 | often in step |
| SF | Stifel Financial Corporation | 0.78 | often in step |
| C | Citigroup | 0.78 | often in step |
| COF | Capital One | 0.77 | often in step |
| JPM | JPMorgan Chase | 0.76 | often in step |

## Where MS weighs most

| Fund | Name | Weight | Rank in the fund | Positions |
| --- | --- | --- | --- | --- |
| PGF | Invesco Financial Preferred ETF | 10.65% | #2 | 42 |
| KBWB | Invesco KBW Bank ETF | 7.47% | #4 | 24 |
| PGX | Invesco Preferred ETF | 6.70% | #3 | 113 |
| PFF | iShares Preferred and Income Securities ETF | 3.65% | #6 | 206 |
| PFI | Invesco Dorsey Wright Financial Momentum ETF | 3.65% | #7 | 37 |
| IYF | iShares U.S. Financials ETF | 3.60% | #6 | 141 |
| IYG | iShares U.S. Financial Services ETF | 3.50% | #8 | 98 |
| PWV | Invesco Large Cap Value ETF | 3.32% | #6 | 49 |
| XLF | Financial Select Sector SPDR Fund | 3.15% | #8 | 77 |
| VFH | Vanguard Financials ETF | 2.84% | #8 | 426 |

Method: https://tickerinside.com/how-the-numbers-are-produced/