Which size and type shoe will perform better? Depends on the intended use and conditions of use:).
For trading ideally one should use the increment where the action is most expressed and dominant, where the chart shows the least amount of noise. An accelerating market should be traded from increasingly shorter time frame charts (because of shorter and shorter rest periods) while after the momentum stalled it should be traded from the slow lane until it becomes settled and again, shows relative strength vs peers and the overall financial market universe.
When one compares (on the same time scale) a market ETF, a sector ETF and an industry ETF in that sector they are progressively more noisy until an industry and stocks in it through rotation or whatever stabilizes and start deviating from the rest, garners attention and accelerates and the game begins again. Easier said then done, of course, but it presents a good challenge and there are tools measuring degree of noisiness and acceleration of directional power.
XHB is a good example. Through mid February it was accelerating in lockstep with the overall market and trading it with 15 minute chart provided many clean setups. After that it lost momentum and became a basing market where now 1, 2 and 4 hour charts are giving clearer signals. I consider it a sleeper and expect it to accelerate once it clears recent highs and trade it with 30 minute charts.
Cheers, F&D