SIZE vs. CTEF
SIZE (iShares MSCI USA Size Factor ETF) and CTEF (Castellan Targeted Equity ETF) are both Mid Cap Blend Equities funds. SIZE is passively managed, while CTEF is actively managed. A 0.63 correlation means they provide meaningful diversification when combined. SIZE charges 0.15%/yr vs 0.45%/yr for CTEF.
Performance
SIZE vs. CTEF - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SIZE achieves a 9.07% return, which is significantly lower than CTEF's 29.35% return.
SIZE
- 1D
- -0.68%
- 1M
- 3.62%
- YTD
- 9.07%
- 6M
- 8.29%
- 1Y
- 18.11%
- 3Y*
- 15.94%
- 5Y*
- 8.07%
- 10Y*
- 11.76%
CTEF
- 1D
- -0.41%
- 1M
- 10.65%
- YTD
- 29.35%
- 6M
- 31.78%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SIZE vs. CTEF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SIZE iShares MSCI USA Size Factor ETF | 9.07% | 8.70% |
CTEF Castellan Targeted Equity ETF | 29.35% | 33.22% |
Correlation
The correlation between SIZE and CTEF is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 20, 2025 | 0.63 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SIZE vs. CTEF — Risk / Return Rank
SIZE
CTEF
SIZE vs. CTEF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA Size Factor ETF (SIZE) and Castellan Targeted Equity ETF (CTEF). 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.
| SIZE | CTEF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.25 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.28 | — | — |
| Martin ratioReturn relative to average drawdown | 8.88 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SIZE | CTEF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.43 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.63 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.68 | 3.54 | -2.86 |
Drawdowns
SIZE vs. CTEF - Drawdown Comparison
The maximum SIZE drawdown since its inception was -39.15%, which is greater than CTEF's maximum drawdown of -15.00%. Use the drawdown chart below to compare losses from any high point for SIZE and CTEF.
Loading charts...
Drawdown Indicators
| SIZE | CTEF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.15% | -15.00% | -24.15% |
Max Drawdown (1Y)Largest decline over 1 year | -7.97% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -18.71% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -24.03% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -39.15% | — | — |
Current DrawdownCurrent decline from peak | -0.68% | -0.41% | -0.27% |
Average DrawdownAverage peak-to-trough decline | -4.18% | -1.80% | -2.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.04% | — | — |
Volatility
SIZE vs. CTEF - Volatility Comparison
Loading charts...
Volatility by Period
| SIZE | CTEF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.17% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 9.54% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 12.73% | 21.81% | -9.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.39% | 21.81% | -4.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.69% | 21.81% | -3.12% |
SIZE vs. CTEF - Expense Ratio Comparison
SIZE has a 0.15% expense ratio, which is lower than CTEF's 0.45% expense ratio.
Dividends
SIZE vs. CTEF - Dividend Comparison
SIZE's dividend yield for the trailing twelve months is around 1.42%, more than CTEF's 0.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CTEF Castellan Targeted Equity ETF | 0.06% | 0.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SIZE iShares MSCI USA Size Factor ETF | 1.42% | 1.50% | 1.53% | 1.42% | 1.59% | 1.19% | 1.43% | 1.35% | 2.43% | 1.58% | 1.88% | 1.95% |
Frequently Asked Questions
SIZE and CTEF have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SIZE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SIZE is cheaper with a 0.15% expense ratio, compared with 0.45% for CTEF.
SIZE has the higher dividend yield at 1.42%, compared with 0.06% for CTEF.
They also come from different issuers: iShares and Castellan. Their fees differ too: 0.15% for SIZE and 0.45% for CTEF.
Find the right allocation for SIZE and CTEF
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer