To answer your question
The bigger one has more oil capacity, the smaller one will get the oil pressure up faster on start up. Toyota changed from the bigger to the smaller at some point.
The bigger one is easier to change, but makes a bigger mess when you do.
Either will work fine. Especially if you change the oil far more often than the manufacturer recommends as we all do. If you want real data on oil filters rather than just OEM homers try
www.bobistheoilguy.com
It would not be unlike Toyota to have made the change because the smaller one takes up less room on the stock shelf and costs some pennies less to manufacture. They claim the stupid no canister type on the Tundra was to reduce waste in the environment. I find that hard to believe since they eliminated recyclable steel and added a little plastic drain thing that will just get thrown away.