She's similar in personality to her older sister.

Literal

She [topic-は] personality [subject-が] older-sister [to-に] resembles.

~に似ている means 'to resemble' — に marks the person or thing being resembled. 性格が marks what aspect is similar: personality. 姉 (あね) means 'older sister.' The polite form 似ています maintains appropriate distance when describing someone.