TLTDFlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund
TLTD Fund Description
TLTD tracks an index of equities from developed countries outside the US. The index favors smaller, value-oriented firms.
TLTD Factset Analytics Insight
TLTD offers a different take from the broad developed ex-US stocks. The fund, launched September 2012, shares a similar mindset with its US-based cousin, TILT, namely, a bias toward smaller, value-oriented firms, based on work done by Fama and French. Fama and French championed a 3-factor pricing model that added size and style to market risk. TLTD applies the logic with a very light hand. Its bias toward small-caps is noticeable, with more allocations to small-caps compared to the usual regular market-cap-weighted fund. Subscribers to the Fama-French view might argue that slight tilts rather than huge biases make TLTD more viable for long-term allocation. Overall, be mindful of the fund’s small cap bias before investing. The underlying index is reconstituted semi-annually and rebalanced quarterly.
TLTD MSCI ESG Analytics Insight
FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund has an MSCI ESG Fund Rating of A based on a score of 7.08 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund ranks in the 75th percentile within its peer group and in the 27th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
TLTD MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
TLTD Summary Data
TLTD Portfolio Data
TLTD Index Data
TLTD Portfolio Management
TLTD Tax Exposures
TLTD Fund Structure
TLTD Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of TLTD. TLTD is rated a 4 out of 5.
TLTD Sector/Industry Breakdown
TLTD Top 10 Holdings[View All]
TLTD Economic Development
TLTD Performance Statistics
TLTD MSCI ESG Ratings
TLTD Benchmark Comparison Summary
TLTD Benchmark Comparison Market Cap Size