TLTE

FlexShares Morningstar Emerging Markets Factor Tilt Index
*Unless otherwise stated, data provided by FactSet.

TLTE Fund Description

TLTE tracks an index of equities from emerging market countries. The index underweights large-cap and growth stocks in favor of small-cap and value stocks.

TLTE Factset Analytics Insight

TLTE seeks smaller firms in the Emerging Markets Total Market segment with an eye toward value picks. The index provider does this by using factors like earnings and dividend yield to reallocate the weight of the market to firms exhibiting a value bias and re-weighting the market capitalization to favor small firms. Despite the novel approach, TLTE's sector tilts tend to be fairly mild, and its most salient departure from the benchmark is its tilt towards small- and micro-caps. TLTE isn't much of a trader's fund due to large spreads, and block liquidity is weak—creates and redeems are all but certain to move underlying prices. The fund charges a reasonable fee for the segment, though it's far from cheap, and realized holding costs are likely to be higher to due to laggy tracking.

TLTE MSCI ESG Analytics Insight

FlexShares Morningstar Emerging Markets Factor Tilt Index has an MSCI ESG Fund Rating of BB based on a score of 3.48 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 Emerging Markets Factor Tilt Index ranks in the 13th percentile within its peer group and in the 17th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

TLTE Charts And Performance

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Compare
Reset
Select ETFs to compare their performance:
PERFORMANCE [as of 11/19/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
TLTE 2.63% 8.19% 8.25% 6.03% 6.54% 2.39% --
TLTE (NAV) 2.78% 7.84% 8.27% 5.52% 7.29% 2.63% --
MSCI Emerging Markets Investable Market Index 3.07% 8.34% 11.26% 9.17% 9.76% 3.48% 3.31%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

TLTE Summary Data

FlexShares
09/28/12
Open-Ended Fund
0.59%
$407.60M
$1.22M
0.16%

TLTE Portfolio Data

$54.90B
11.22
1.05
2.85%
12/20/19
2199

TLTE Index Data

Fundamental
Market Cap
MSCI Emerging Markets Investable Market Index

TLTE Portfolio Management

0.59%
-0.50%
-0.35%
-0.71%

TLTE Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

TLTE 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 -

TLTE Factset Analytics Block Liquidity

As of 11/20/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of TLTE. TLTE is rated a 4 out of 5.

TLTE Tradability

24,779
$1.22M
18,305
$895.74K
0.16%
$0.08
-0.46%
1.88% / -2.86%
None
14.00%
100,000
0.18
0.49%
0.68%
0
$50.95
4

TLTE Sector/Industry Breakdown


TLTE
Segment Benchmark
30.06%
27.00%
20.08%
26.70%
11.20%
7.59%
8.89%
6.45%
8.43%
7.51%
6.85%
7.30%
4.91%
3.14%
4.72%
7.08%
3.04%
4.18%
1.82%
3.04%

TLTE Top 10 Holdings[View All]

4.11%
1.98%
1.58%
1.38%
0.99%
0.77%
0.70%
0.69%
0.64%
15.16%

TLTE Countries


TLTE
Segment Benchmark
27.43%
20.91%
14.59%
12.49%
12.49%
12.64%
6.75%
7.58%
6.32%
9.29%
5.05%
4.79%
4.33%
8.36%
3.47%
3.53%
2.14%
2.54%
1.99%
2.08%

TLTE Regions


TLTE
Segment Benchmark
73.32%
72.19%
10.31%
11.71%
9.21%
9.33%
6.84%
6.07%
0.31%
0.70%

TLTE Economic Development


TLTE
Segment Benchmark
55.53%
47.39%
44.47%
52.61%

TLTE Performance Statistics

0.98
0.97
0.93
0.97
0.13%
MSCI Emerging Markets Investable Market Index

TLTE MSCI ESG Ratings

BB
3.48 / 10
16.67
13.28
2.22%
3.96%
448.36

TLTE Benchmark Comparison Holdings

2199
2760
1,842
63.49%

TLTE Benchmark Comparison Summary


TLTE
Segment Benchmark
2199
2760
$54.90B
$79.67B
11.22
13.89
1.05
1.51
3.61%
2.93%
Low
Low

TLTE Benchmark Comparison Market Cap Size


TLTE
Segment Benchmark
41.12%
58.46%
22.19%
27.78%
27.24%
11.36%
9.44%
2.40%