TLTD

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund
*Unless otherwise stated, data provided by FactSet.

TLTD Fund Description

TLTD tracks an index of equities from developed countries outside the U.S. The index favors smaller, value-oriented firms.

TLTD Factset Analytics Insight

TLTD offers a very subtle tilt away 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. It's logic that TLTD applies with a very light hand. Its bias toward small-caps is noticeable, with around a third of the portfolio allocated there, and small sector tilts abound. Subscribers to the Fama-French view might argue that slight tilts rather than huge biases make TLTD more viable for long-term allocation. TLTD sees moderate trading activity, and spreads tend to be wide. Block liquidity is excellent for those looking to trade in size. TLTD's fee is steep compared with plain-vanilla index funds, and despite its unique methodology, that is how TLTD generally looks and performs. Still, it manages to earn back much of its fee and tracking is generally tight.

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 6.20 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 72nd percentile within its peer group and in the 23th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

TLTD Charts And Performance

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PERFORMANCE [as of 10/21/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
TLTD 2.11% 2.50% 14.32% 4.40% 6.56% 4.15% --
TLTD (NAV) 1.70% 2.13% 14.30% 4.71% 6.75% 4.35% --
MSCI World ex USA IMI 1.11% 1.36% 15.88% 7.22% 7.69% 4.71% 4.85%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

TLTD Summary Data

FlexShares
09/28/12
Open-Ended Fund
0.39%
$949.51M
$1.41M
0.12%

TLTD Portfolio Data

$37.27B
14.71
1.12
2.96%
09/20/19
2726

TLTD Index Data

Fundamental
Market Cap
MSCI World ex USA IMI

TLTD Portfolio Management

0.39%
0.04%
0.12%
-0.15%

TLTD Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

TLTD Fund Structure

Open-Ended Fund
No
Yes
No Policy
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

TLTD Factset Analytics Block Liquidity

As of 10/22/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of TLTD. TLTD is rated a 5 out of 5.

TLTD Tradability

23,657
$1.41M
19,908
$1.14M
0.12%
$0.07
-0.18%
1.36% / -2.18%
None
25.00%
200,000
0.10
0.16%
0.24%
0
$62.07
5

TLTD Sector/Industry Breakdown


TLTD
Segment Benchmark
26.53%
23.41%
16.72%
15.41%
15.00%
11.82%
9.09%
7.68%
8.42%
11.01%
6.56%
10.39%
6.55%
6.30%
5.44%
6.74%
2.97%
3.61%
2.72%
3.63%

TLTD Top 10 Holdings[View All]

0.96%
0.94%
0.85%
0.68%
0.67%
0.67%
0.65%
0.60%
0.56%
0.54%
7.12%

TLTD Countries


TLTD
Segment Benchmark
28.05%
22.76%
16.01%
15.11%
9.37%
9.13%
7.54%
9.13%
6.52%
7.42%
5.51%
8.11%
5.09%
6.47%
3.24%
3.01%
2.89%
3.13%
2.79%
2.72%

TLTD Regions


TLTD
Segment Benchmark
51.43%
55.50%
37.86%
33.99%
9.71%
10.01%
1.00%
0.50%

TLTD Economic Development


TLTD
Segment Benchmark
100.00%
100.00%

TLTD Performance Statistics

0.97
1.02
1.02
0.99
0.12%
MSCI World ex USA IMI

TLTD MSCI ESG Ratings

A
6.20 / 10
23.22
71.70
8.25%
6.07%
168.36

TLTD Benchmark Comparison Holdings

2726
3549
2,528
67.84%

TLTD Benchmark Comparison Summary


TLTD
Segment Benchmark
2726
3549
$37.27B
$53.20B
14.71
16.65
1.12
1.55
3.66%
3.31%
Low
Low

TLTD Benchmark Comparison Market Cap Size


TLTD
Segment Benchmark
47.98%
68.13%
17.35%
22.81%
30.12%
7.89%
4.55%
1.17%