“…While the importance of vessel traits in driving hydraulic properties and plant performance in neotropical trees is widely recognized and studied (e.g. Christensen‐Dalsgaard, Ennos, & Fournier, ; Hoeber et al, ; Markesteijn, Poorter, Bongers, et al, ; Méndez‐Alonzo et al, ) the importance of fibers and parenchyma in this respect has received less attention (Fortunel, Ruelle, Beauchêne, Fine, & Baraloto, ; Osazuwa‐Peters, Wright, & Zanne, ; Poorter et al, ). This study fills this gap, motivated by the evidence from Mediterranean climate shrub ecosystems that trade‐offs in xylem volume allocation are driving interspecific variability in embolism resistance and sapwood capacitance (Jacobsen et al, ; Jacobsen, Esler, Brandon Pratt, & Ewers, ; Pratt et al, ).…”