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SIZE vs. MOO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SIZE vs. MOO

Last updated Jun 4, 2026

SIZE (iShares MSCI USA Size Factor ETF) and MOO (VanEck Agribusiness ETF) are both exchange-traded funds - SIZE is a Mid Cap Blend Equities fund tracking the MSCI USA Low Size Index, while MOO is a Large Cap Blend Equities fund tracking the MVIS Global Agribusiness Index. Both are passively managed. Over the past 10 years, SIZE returned 11.76%/yr vs 7.00%/yr for MOO. A 0.72 correlation means they provide meaningful diversification when combined. SIZE charges 0.15%/yr vs 0.55%/yr for MOO.

Performance

SIZE vs. MOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI USA Size Factor ETF (SIZE) and VanEck Agribusiness ETF (MOO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, SIZE achieves a 9.07% return, which is significantly lower than MOO's 10.10% return. Over the past 10 years, SIZE has outperformed MOO with an annualized return of 11.76%, while MOO has yielded a comparatively lower 7.00% annualized 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%

MOO

1D
0.48%
1M
-4.21%
YTD
10.10%
6M
11.54%
1Y
13.06%
3Y*
3.07%
5Y*
-0.70%
10Y*
7.00%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SIZE vs. MOO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SIZE
iShares MSCI USA Size Factor ETF		9.07%10.51%14.37%17.78%-15.86%25.05%16.26%28.97%-6.59%18.76%
MOO
VanEck Agribusiness ETF		10.10%15.61%-12.43%-8.57%-8.10%23.99%14.59%22.29%-6.03%21.75%

Correlation

The correlation between SIZE and MOO is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.51

Correlation (3Y)
Calculated over the trailing 3-year period

0.65

Correlation (5Y)
Calculated over the trailing 5-year period

0.72

Correlation (10Y)
Calculated over the trailing 10-year period

0.76

Correlation (All Time)
Calculated using the full available price history since Apr 19, 2013

0.72

Over the past year, the correlation between SIZE and MOO has dropped to 0.51 - well below their long-term average of 0.72, suggesting their price drivers have been diverging.

SIZE vs. MOO - Sectors Allocation Comparison

Sectors
SIZE
MOO

Technology

19.9%

-

Industrials

16.1%
20.3%

Financial Services

13.5%

-

Consumer Cyclical

9.8%

-

Healthcare

9.6%
15.4%

Real Estate

5.7%

-

Consumer Defensive

5.7%
37.9%

Utilities

5.5%

-

Energy

5.2%

-

Basic Materials

4.8%
26.2%

Communication Services

4.1%

-

Technology

SIZE
19.9%
MOO

-

Industrials

SIZE
16.1%
MOO
20.3%

Financial Services

SIZE
13.5%
MOO

-

Consumer Cyclical

SIZE
9.8%
MOO

-

Healthcare

SIZE
9.6%
MOO
15.4%

Real Estate

SIZE
5.7%
MOO

-

Consumer Defensive

SIZE
5.7%
MOO
37.9%

Utilities

SIZE
5.5%
MOO

-

Energy

SIZE
5.2%
MOO

-

Basic Materials

SIZE
4.8%
MOO
26.2%

Communication Services

SIZE
4.1%
MOO

-

Compare stocks, funds, or ETFs

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iShares MSCI USA Size Factor ETF

VanEck Agribusiness ETF

Often compared with SIZE:
SIZE vs. XLGSIZE vs. SPYSIZE vs. QUALSIZE vs. QDVA.DESIZE vs. VIGSIZE vs. VOOSIZE vs. QGRO
Often compared with MOO:
MOO vs. VEGIMOO vs. DBAMOO vs. KROPMOO vs. SPYMOO vs. VOOMOO vs. PHOMOO vs. FTAG

Return for Risk

SIZE vs. MOO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SIZE
SIZE Risk / Return Rank: 4444
Overall Rank
SIZE Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
SIZE Sortino Ratio Rank: 4242
Sortino Ratio Rank
SIZE Omega Ratio Rank: 3838
Omega Ratio Rank
SIZE Calmar Ratio Rank: 4646
Calmar Ratio Rank
SIZE Martin Ratio Rank: 5252
Martin Ratio Rank
MOO
MOO Risk / Return Rank: 2727
Overall Rank
MOO Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
MOO Sortino Ratio Rank: 2626
Sortino Ratio Rank
MOO Omega Ratio Rank: 2424
Omega Ratio Rank
MOO Calmar Ratio Rank: 3131
Calmar Ratio Rank
MOO Martin Ratio Rank: 2727
Martin Ratio Rank
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.

SIZE vs. MOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA Size Factor ETF (SIZE) and VanEck Agribusiness ETF (MOO). 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.

SIZEMOODifference
Sharpe ratioReturn per unit of total volatility
1.43
0.95

+0.49

Sortino ratioReturn per unit of downside risk
2.12
1.43

+0.70

Omega ratioGain probability vs. loss probability

1.25

1.17

+0.08

Calmar ratioReturn relative to maximum drawdown

2.28

1.55

+0.73

Martin ratioReturn relative to average drawdown

8.88

3.88

+5.00

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SIZE vs. MOO - Sharpe Ratio Comparison

The current SIZE Sharpe Ratio is 1.43, which is higher than the MOO Sharpe Ratio of 0.95. The chart below compares the historical Sharpe Ratios of SIZE and MOO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

SIZEMOODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.43

0.95

+0.49

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.47

-0.04

+0.51

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.63

0.39

+0.24

Sharpe Ratio (All Time)

Calculated using the full available price history

0.68

0.22

+0.46

Drawdowns

SIZE vs. MOO - Drawdown Comparison

The maximum SIZE drawdown since its inception was -39.15%, smaller than the maximum MOO drawdown of -69.53%. Use the drawdown chart below to compare losses from any high point for SIZE and MOO.

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Drawdown Indicators

SIZEMOODifference

Max Drawdown

Largest peak-to-trough decline

-39.15%

-69.53%

+30.38%

Max Drawdown (1Y)

Largest decline over 1 year

-7.97%

-8.45%

+0.48%

Max Drawdown (3Y)

Largest decline over 3 years

-18.71%

-26.83%

+8.12%

Max Drawdown (5Y)

Largest decline over 5 years

-24.03%

-39.52%

+15.49%

Max Drawdown (10Y)

Largest decline over 10 years

-39.15%

-39.52%

+0.37%

Current Drawdown

Current decline from peak

-0.68%

-17.50%

+16.82%

Average Drawdown

Average peak-to-trough decline

-4.18%

-16.97%

+12.79%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.04%

3.37%

-1.33%

Volatility

SIZE vs. MOO - Volatility Comparison

The current volatility for iShares MSCI USA Size Factor ETF (SIZE) is 3.17%, while VanEck Agribusiness ETF (MOO) has a volatility of 4.08%. This indicates that SIZE experiences smaller price fluctuations and is considered to be less risky than MOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SIZEMOODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.17%

4.08%

-0.91%

Volatility (6M)

Calculated over the trailing 6-month period

9.54%

10.57%

-1.03%

Volatility (1Y)

Calculated over the trailing 1-year period

12.73%

13.88%

-1.15%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.39%

17.12%

+0.27%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.69%

18.19%

+0.50%

SIZE vs. MOO - Expense Ratio Comparison

SIZE has a 0.15% expense ratio, which is lower than MOO's 0.55% expense ratio.

Dividends

SIZE vs. MOO - Dividend Comparison

SIZE's dividend yield for the trailing twelve months is around 1.42%, less than MOO's 2.24% yield.

PositionTTM20252024202320222021202020192018201720162015
MOO
VanEck Agribusiness ETF		2.24%2.47%3.41%2.93%2.15%1.17%1.10%1.26%1.69%1.44%2.14%2.89%
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 MOO have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

MOO has higher volatility (4.08%) compared to SIZE (3.17%). In terms of maximum drawdown, SIZE dropped -39.15% vs MOO's -69.53%.

On 10-year performance, SIZE leads with 11.76% vs 7.00% for MOO. On fees, SIZE is cheaper at 0.15% per year. On volatility, SIZE has been the lower-risk option at 3.17%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, SIZE has performed better with a 11.76% return vs 7.00%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

SIZE is cheaper with a 0.15% expense ratio, compared with 0.55% for MOO.

MOO has the higher dividend yield at 2.24%, compared with 1.42% for SIZE.

SIZE is categorized as Mid Cap Blend Equities, while MOO is Large Cap Blend Equities. SIZE tracks MSCI USA Low Size Index, while MOO tracks MVIS Global Agribusiness Index. They also come from different issuers: iShares and VanEck. Their fees differ too: 0.15% for SIZE and 0.55% for MOO.

SIZE currently has the higher Sharpe Ratio (1.43 vs 0.95), 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.

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