SIZE vs. VIG
Compare and contrast key facts about iShares MSCI USA Size Factor ETF (SIZE) and Vanguard Dividend Appreciation ETF (VIG).
SIZE and VIG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SIZE is a passively managed fund by iShares that tracks the performance of the MSCI USA Low Size. It was launched on Apr 16, 2013. VIG is a passively managed fund by Vanguard that tracks the performance of the NASDAQ US Dividend Achievers Select Index. It was launched on Apr 21, 2006. Both SIZE and VIG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SIZE or VIG.
Key characteristics
| SIZE | VIG | |
|---|---|---|
| YTD Return | 12.30% | 16.56% |
| 1Y Return | 22.60% | 24.47% |
| 3Y Return (Ann) | 5.32% | 9.67% |
| 5Y Return (Ann) | 11.50% | 12.48% |
| 10Y Return (Ann) | 11.11% | 11.84% |
| Sharpe Ratio | 1.59 | 2.28 |
| Daily Std Dev | 13.44% | 10.17% |
| Max Drawdown | -39.15% | -46.81% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between SIZE and VIG is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SIZE vs. VIG - Performance Comparison
In the year-to-date period, SIZE achieves a 12.30% return, which is significantly lower than VIG's 16.56% return. Over the past 10 years, SIZE has underperformed VIG with an annualized return of 11.11%, while VIG has yielded a comparatively higher 11.84% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SIZE vs. VIG - Expense Ratio Comparison
SIZE has a 0.15% expense ratio, which is higher than VIG's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
SIZE vs. VIG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA Size Factor ETF (SIZE) and Vanguard Dividend Appreciation ETF (VIG). 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.
Dividends
SIZE vs. VIG - Dividend Comparison
SIZE's dividend yield for the trailing twelve months is around 1.35%, less than VIG's 1.70% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SIZE iShares MSCI USA Size Factor ETF | 1.35% | 1.42% | 1.59% | 1.19% | 1.43% | 1.35% | 2.43% | 1.58% | 1.88% | 1.95% | 1.78% | 1.41% |
VIG Vanguard Dividend Appreciation ETF | 1.70% | 1.88% | 1.96% | 1.55% | 1.63% | 1.71% | 2.08% | 1.88% | 2.14% | 2.34% | 1.95% | 1.84% |
Drawdowns
SIZE vs. VIG - Drawdown Comparison
The maximum SIZE drawdown since its inception was -39.15%, smaller than the maximum VIG drawdown of -46.81%. Use the drawdown chart below to compare losses from any high point for SIZE and VIG. For additional features, visit the drawdowns tool.
Volatility
SIZE vs. VIG - Volatility Comparison
iShares MSCI USA Size Factor ETF (SIZE) has a higher volatility of 3.42% compared to Vanguard Dividend Appreciation ETF (VIG) at 2.83%. This indicates that SIZE's price experiences larger fluctuations and is considered to be riskier than VIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.