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ISZE vs. FID
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ISZE vs. FID

Last updated Aug 4, 2026
Documentation

ISZE (iShares Edge MSCI Intl Size Factor ETF) and FID (First Trust S&P International Dividend Aristocrats ETF) are both Foreign Large Cap Equities funds - ISZE tracks the MSCI World ex USA Risk Weighted Index while FID tracks the S&P International Dividend Aristocrats Index. Both are passively managed. Their 0.64 correlation means they have sometimes moved together and sometimes differently. ISZE charges 0.30%/yr vs 0.60%/yr for FID.

Performance

ISZE vs. FID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Edge MSCI Intl Size Factor ETF (ISZE) and First Trust S&P International Dividend Aristocrats ETF (FID). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

ISZE

1D
—
1M
—
6M
—
YTD
—
1Y
—
3Y*
—
5Y*
—
10Y*
—
ALL TIME*
—

FID

1D
-0.13%
1M
4.60%
6M
7.03%
YTD
11.85%
1Y
22.20%
3Y*
18.43%
5Y*
9.02%
10Y*
—
ALL TIME*
7.73%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

FID

First Trust S&P International Dividend Aristocrats ETF
$249.39K$252.43K$349.18K

ISZE vs. FID - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
ISZE
iShares Edge MSCI Intl Size Factor ETF		0.00%0.00%-0.11%15.54%-15.70%8.17%6.07%21.17%-11.42%
FID
First Trust S&P International Dividend Aristocrats ETF		11.85%32.07%5.42%9.92%-9.69%12.90%-7.56%20.82%-7.38%

Correlation

The correlation between ISZE and FID is 0.64, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

Correlation
Correlation (3Y)
Balances recent behavior with more history.

0.46

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.63

Correlation (All Time)
Calculated using the full available price history since Aug 29, 2018

0.64

The correlation between ISZE and FID shifts across timeframes, from 0.46 (3 years) to 0.64 (all time), reflecting how their relationship changes across market environments.

ISZE vs. FID - Sectors Allocation Comparison

Sectors
ISZE
FID

Industrials

20.0%
12.8%

Financial Services

17.3%
20.5%

Consumer Cyclical

10.7%
4.0%

Basic Materials

8.2%
4.6%

Technology

8.1%
6.2%

Consumer Defensive

7.9%
3.7%

Healthcare

7.8%
3.5%

Real Estate

6.0%
9.4%

Communication Services

5.6%
10.7%

Utilities

4.8%
16.9%

Energy

3.8%
7.9%

Industrials

ISZE
20.0%
FID
12.8%

Financial Services

ISZE
17.3%
FID
20.5%

Consumer Cyclical

ISZE
10.7%
FID
4.0%

Basic Materials

ISZE
8.2%
FID
4.6%

Technology

ISZE
8.1%
FID
6.2%

Consumer Defensive

ISZE
7.9%
FID
3.7%

Healthcare

ISZE
7.8%
FID
3.5%

Real Estate

ISZE
6.0%
FID
9.4%

Communication Services

ISZE
5.6%
FID
10.7%

Utilities

ISZE
4.8%
FID
16.9%

Energy

ISZE
3.8%
FID
7.9%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Edge MSCI Intl Size Factor ETF

First Trust S&P International Dividend Aristocrats ETF

Often compared with ISZE:
ISZE vs. ICOWISZE vs. SPHDISZE vs. EISISZE vs. ACWIISZE vs. DWMFISZE vs. SLVISZE vs. DGRO
Often compared with FID:
FID vs. IGROFID vs. EFAVFID vs. KNGFID vs. VIGFID vs. FDFIXFID vs. BRK-BFID vs. VIGI

Return for Risk

ISZE vs. FID — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
ISZE

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

FID
FID Risk / Return Rank: 8080
Overall Rank
FID Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
FID Sortino Ratio Rank: 8888
Sortino Ratio Rank
FID Omega Ratio Rank: 8787
Omega Ratio Rank
FID Calmar Ratio Rank: 6969
Calmar Ratio Rank
FID Martin Ratio Rank: 6767
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ISZE vs. FID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Intl Size Factor ETF (ISZE) and First Trust S&P International Dividend Aristocrats ETF (FID). 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.

ISZEFIDDifference
Sharpe ratioReturn per unit of total volatility

—

2.20

—

Sortino ratioReturn per unit of downside risk

—

3.08

—

Omega ratioGain probability vs. loss probability

—

1.39

—

Calmar ratioReturn relative to maximum drawdown

—

2.50

—

Martin ratioReturn relative to average drawdown

—

8.44

—

ISZE vs. FID - Sharpe Ratio Comparison

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Drawdowns

ISZE vs. FID - Drawdown Comparison

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Drawdown Indicators

ISZEFIDDifference

Max Drawdown

Largest peak-to-trough decline

—

-39.79%

—

Max Drawdown (1Y)

Largest decline over 1 year

—

-8.93%

—

Max Drawdown (3Y)

Largest decline over 3 years

—

-9.61%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-29.13%

—

Current Drawdown

Current decline from peak

—

-0.86%

—

Average Drawdown

Average peak-to-trough decline

—

-8.33%

—

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

2.64%

—

Volatility

ISZE vs. FID - Volatility Comparison

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Volatility by Period

ISZEFIDDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

2.46%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

8.49%

—

Volatility (1Y)

Calculated over the trailing 1-year period

—

10.16%

—

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

—

17.02%

—

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

—

18.82%

—

ISZE vs. FID - Expense Ratio Comparison

ISZE has a 0.30% expense ratio, which is lower than FID's 0.60% expense ratio.

Dividends

ISZE vs. FID - Dividend Comparison

ISZE has not paid dividends to shareholders, while FID's dividend yield for the trailing twelve months is around 4.05%.

PositionTTM20252024202320222021202020192018201720162015
FID
First Trust S&P International Dividend Aristocrats ETF		4.05%4.30%4.31%4.19%4.22%3.76%3.91%3.70%1.74%0.00%0.00%0.00%
ISZE
iShares Edge MSCI Intl Size Factor ETF		0.00%0.00%1.89%6.63%2.72%8.47%1.39%2.24%3.04%3.33%3.18%1.09%

Frequently Asked Questions

ISZE and FID have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, ISZE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

ISZE is cheaper with a 0.30% expense ratio, compared with 0.60% for FID.

FID has the higher dividend yield at 4.05%, compared with 0.00% for ISZE.

ISZE tracks MSCI World ex USA Risk Weighted Index, while FID tracks S&P International Dividend Aristocrats Index. They also come from different issuers: iShares and First Trust. Their fees differ too: 0.30% for ISZE and 0.60% for FID.

Portfolio Optimizer

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