FlexShares Morningstar Developed Markets ex-US Factor Tilt (TLTD)
TLTD is a passive ETF by Northern Trust tracking the investment results of the Morningstar Developed Markets ex-US Factor Tilt Index. TLTD launched on Sep 28, 2012 and has a 0.39% expense ratio.
ETF Info
| ISIN | US33939L8037 |
|---|---|
| CUSIP | 33939L803 |
| Issuer | Northern Trust |
| Inception Date | Sep 28, 2012 |
| Region | Developed Markets (Broad) |
| Category | Global Equities |
| Leveraged | 1x |
| Index Tracked | Morningstar Developed Markets ex-US Factor Tilt Index |
| Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Blend |
Expense Ratio
TLTD features an expense ratio of 0.39%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: TLTD vs. TLTE, TLTD vs. MP, TLTD vs. SVOL, TLTD vs. VOO, TLTD vs. SPY, TLTD vs. AVDV, TLTD vs. VXUS, TLTD vs. QDVE.DE
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in FlexShares Morningstar Developed Markets ex-US Factor Tilt, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
FlexShares Morningstar Developed Markets ex-US Factor Tilt had a return of 4.76% year-to-date (YTD) and 12.98% in the last 12 months. Over the past 10 years, FlexShares Morningstar Developed Markets ex-US Factor Tilt had an annualized return of 4.79%, while the S&P 500 had an annualized return of 11.39%, indicating that FlexShares Morningstar Developed Markets ex-US Factor Tilt did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.76% | 25.48% |
| 1 month | -5.17% | 2.14% |
| 6 months | -2.45% | 12.76% |
| 1 year | 12.98% | 33.14% |
| 5 years (annualized) | 5.21% | 13.96% |
| 10 years (annualized) | 4.79% | 11.39% |
Monthly Returns
The table below presents the monthly returns of TLTD, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.24% | 2.06% | 4.31% | -2.68% | 4.66% | -2.64% | 3.66% | 2.49% | 1.46% | -5.20% | 4.76% | ||
| 2023 | 8.92% | -3.20% | 1.49% | 2.44% | -4.42% | 4.43% | 4.05% | -3.60% | -3.45% | -3.15% | 7.79% | 5.95% | 17.19% |
| 2022 | -2.70% | -2.56% | -0.08% | -6.63% | 2.03% | -9.42% | 5.12% | -5.18% | -9.59% | 5.22% | 12.36% | -0.96% | -13.74% |
| 2021 | -0.64% | 3.86% | 3.04% | 2.90% | 3.75% | -1.37% | 0.24% | 1.56% | -2.96% | 2.92% | -5.38% | 4.77% | 12.84% |
| 2020 | -4.02% | -8.78% | -17.85% | 8.07% | 5.19% | 2.25% | 1.14% | 6.63% | -2.39% | -3.26% | 15.59% | 5.88% | 4.21% |
| 2019 | 7.48% | 2.21% | -0.21% | 2.79% | -5.93% | 5.35% | -1.90% | -2.34% | 3.91% | 3.64% | 1.63% | 3.57% | 21.26% |
| 2018 | 4.49% | -4.91% | -1.26% | 1.45% | -1.98% | -2.38% | 2.47% | -2.32% | 0.91% | -8.78% | -0.07% | -6.00% | -17.57% |
| 2017 | 3.46% | 0.87% | 2.68% | 2.11% | 2.43% | 1.23% | 3.03% | 0.57% | 2.47% | 1.83% | 1.06% | 1.86% | 26.27% |
| 2016 | -6.81% | -1.73% | 7.20% | 2.54% | -0.02% | -4.06% | 4.89% | 1.27% | 1.67% | -1.01% | -1.00% | 3.11% | 5.37% |
| 2015 | -0.23% | 6.42% | -1.12% | 4.14% | -0.24% | -2.53% | 0.11% | -5.99% | -4.75% | 5.77% | -0.78% | -1.17% | -1.14% |
| 2014 | -4.23% | 5.72% | -0.41% | 1.60% | 1.45% | 1.37% | -2.52% | 0.39% | -5.04% | -1.25% | 0.03% | -3.29% | -6.46% |
| 2013 | 3.75% | -0.99% | 1.20% | 3.53% | -2.43% | -3.03% | 5.99% | -1.51% | 6.84% | 3.95% | -0.11% | 2.51% | 20.90% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of TLTD is 41, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for FlexShares Morningstar Developed Markets ex-US Factor Tilt (TLTD) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
FlexShares Morningstar Developed Markets ex-US Factor Tilt provided a 3.60% dividend yield over the last twelve months, with an annual payout of $2.52 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.52 | $2.32 | $1.67 | $2.48 | $1.35 | $2.24 | $1.76 | $1.88 | $1.65 | $1.41 | $1.80 | $0.72 |
Dividend yield | 3.60% | 3.39% | 2.76% | 3.44% | 2.04% | 3.46% | 3.16% | 2.71% | 2.93% | 2.56% | 3.14% | 1.14% |
Monthly Dividends
The table displays the monthly dividend distributions for FlexShares Morningstar Developed Markets ex-US Factor Tilt. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $1.16 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $1.65 | |
| 2023 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $1.01 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.87 | $2.32 |
| 2022 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $1.05 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.17 | $1.67 |
| 2021 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.72 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $1.24 | $2.48 |
| 2020 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.57 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.27 | $1.35 |
| 2019 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.99 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.78 | $2.24 |
| 2018 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.93 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.36 | $1.76 |
| 2017 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.77 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.74 | $1.88 |
| 2016 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.73 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.47 | $1.65 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.41 | $1.41 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.80 | $1.80 |
| 2013 | $0.72 | $0.72 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the FlexShares Morningstar Developed Markets ex-US Factor Tilt. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the FlexShares Morningstar Developed Markets ex-US Factor Tilt was 40.62%, occurring on Mar 23, 2020. Recovery took 200 trading sessions.
The current FlexShares Morningstar Developed Markets ex-US Factor Tilt drawdown is 7.45%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -40.62% | Jan 29, 2018 | 541 | Mar 23, 2020 | 200 | Jan 6, 2021 | 741 |
| -28.96% | Sep 7, 2021 | 278 | Oct 12, 2022 | 347 | Mar 1, 2024 | 625 |
| -24.88% | Jul 3, 2014 | 406 | Feb 11, 2016 | 302 | Apr 25, 2017 | 708 |
| -10.13% | May 22, 2013 | 23 | Jun 24, 2013 | 35 | Aug 13, 2013 | 58 |
| -7.45% | Sep 27, 2024 | 34 | Nov 13, 2024 | — | — | — |
Volatility
Volatility Chart
The current FlexShares Morningstar Developed Markets ex-US Factor Tilt volatility is 3.66%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.