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 |
| 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 has a high expense ratio of 0.39%, indicating higher-than-average management fees.
Share Price Chart
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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 3.28% year-to-date (YTD) and 11.56% in the last 12 months. Over the past 10 years, FlexShares Morningstar Developed Markets ex-US Factor Tilt had an annualized return of 3.95%, while the S&P 500 had an annualized return of 10.41%, indicating that FlexShares Morningstar Developed Markets ex-US Factor Tilt did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.28% | 6.17% |
| 1 month | -0.73% | -2.72% |
| 6 months | 14.46% | 17.29% |
| 1 year | 11.56% | 23.80% |
| 5 years (annualized) | 5.71% | 11.47% |
| 10 years (annualized) | 3.95% | 10.41% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.24% | 2.06% | 4.31% | -2.68% | ||||||||
| 2023 | -3.15% | 7.78% | 5.95% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of TLTD is 49, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
FlexShares Morningstar Developed Markets ex-US Factor Tilt(TLTD)
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 granted a 3.31% dividend yield in the last twelve months. The annual payout for that period amounted to $2.33 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.33 | $2.32 | $1.67 | $2.48 | $1.35 | $2.24 | $1.76 | $1.88 | $1.65 | $1.41 | $1.80 | $0.72 |
Dividend yield | 3.31% | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.13 | $0.00 | ||||||||
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 2013 | $0.72 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 1.82%.
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 |
| -6.34% | Jan 22, 2014 | 9 | Feb 3, 2014 | 14 | Feb 24, 2014 | 23 |
Volatility
Volatility Chart
The current FlexShares Morningstar Developed Markets ex-US Factor Tilt volatility is 3.79%, 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.