FlexShares Morningstar Emerging Markets Factor Tilt Index (TLTE)
TLTE is a passive ETF by Northern Trust tracking the investment results of the Morningstar Emerging Markets Factor Tilt Index. TLTE launched on Sep 28, 2012 and has a 0.59% expense ratio.
ETF Info
US33939L3087
33939L308
Sep 28, 2012
Emerging Markets (Broad)
1x
Morningstar Emerging Markets Factor Tilt Index
Multi-Cap
Blend
Expense Ratio
TLTE has an expense ratio of 0.59%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
FlexShares Morningstar Emerging Markets Factor Tilt Index (TLTE) returned 9.45% year-to-date (YTD) and 9.20% over the past 12 months. Over the past 10 years, TLTE returned 3.63% annually, underperforming the S&P 500 benchmark at 10.84%.
TLTE
9.45%
6.34%
7.21%
9.20%
5.98%
9.25%
3.63%
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
Monthly Returns
The table below presents the monthly returns of TLTE, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.17% | 0.37% | 1.45% | 0.11% | 6.12% | 9.45% | |||||||
| 2024 | -3.02% | 1.99% | 1.72% | 0.16% | 2.11% | 1.53% | 0.88% | 0.90% | 5.76% | -3.64% | -2.25% | -2.26% | 3.53% |
| 2023 | 9.00% | -6.00% | 2.42% | -1.45% | -2.44% | 3.80% | 6.70% | -4.62% | -2.18% | -3.63% | 7.60% | 5.08% | 13.62% |
| 2022 | -0.45% | -2.48% | -2.70% | -5.31% | 1.33% | -7.28% | -0.78% | -0.27% | -10.93% | -0.97% | 14.29% | -1.36% | -17.31% |
| 2021 | 1.17% | 4.02% | 0.87% | 2.84% | 2.61% | 0.46% | -5.32% | 2.09% | -2.66% | 0.46% | -3.88% | 2.49% | 4.79% |
| 2020 | -6.75% | -4.86% | -18.90% | 8.76% | 2.69% | 5.85% | 6.44% | 2.84% | -1.74% | 0.33% | 13.66% | 7.44% | 12.10% |
| 2019 | 10.59% | -0.26% | 0.42% | 1.52% | -7.75% | 5.23% | -3.07% | -4.58% | 2.02% | 3.34% | 0.21% | 7.36% | 14.51% |
| 2018 | 7.29% | -4.96% | 0.14% | -2.20% | -2.92% | -6.14% | 2.44% | -3.42% | -1.44% | -8.34% | 4.44% | -2.81% | -17.45% |
| 2017 | 6.15% | 2.67% | 3.05% | 1.25% | 1.61% | 0.96% | 4.34% | 2.28% | -0.12% | 2.79% | 0.14% | 3.80% | 32.83% |
| 2016 | -6.76% | -0.66% | 12.46% | 1.52% | -3.47% | 4.74% | 5.04% | 1.87% | 2.54% | -0.61% | -3.34% | 0.10% | 12.78% |
| 2015 | 0.85% | 3.93% | -1.40% | 7.76% | -2.61% | -3.54% | -6.78% | -9.05% | -2.29% | 6.96% | -2.78% | -2.63% | -12.25% |
| 2014 | -8.19% | 2.99% | 3.72% | 0.51% | 3.15% | 3.11% | 0.13% | 2.89% | -7.04% | 1.15% | -1.30% | -5.26% | -5.04% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of TLTE is 43, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for FlexShares Morningstar Emerging Markets Factor Tilt Index (TLTE) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
FlexShares Morningstar Emerging Markets Factor Tilt Index provided a 3.41% dividend yield over the last twelve months, with an annual payout of $1.90 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.90 | $1.90 | $2.06 | $2.07 | $1.90 | $1.13 | $1.71 | $1.45 | $1.26 | $1.06 | $0.84 | $1.00 |
Dividend yield | 3.41% | 3.73% | 4.03% | 4.42% | 3.21% | 1.95% | 3.23% | 3.02% | 2.12% | 2.30% | 2.00% | 2.06% |
Monthly Dividends
The table displays the monthly dividend distributions for FlexShares Morningstar Emerging Markets Factor Tilt Index. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $1.62 | $1.90 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.58 | $0.00 | $0.00 | $1.20 | $2.06 |
| 2022 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.55 | $0.00 | $0.00 | $0.82 | $0.00 | $0.00 | $0.63 | $2.07 |
| 2021 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $0.52 | $0.00 | $0.00 | $0.93 | $1.90 |
| 2020 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.41 | $0.00 | $0.00 | $0.46 | $0.00 | $0.00 | $0.20 | $1.13 |
| 2019 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.49 | $0.00 | $0.00 | $0.71 | $0.00 | $0.00 | $0.49 | $1.71 |
| 2018 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.75 | $0.00 | $0.00 | $0.23 | $1.45 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.68 | $0.00 | $0.00 | $0.36 | $1.26 |
| 2016 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.44 | $0.00 | $0.00 | $0.32 | $1.06 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.84 | $0.84 |
| 2014 | $1.00 | $1.00 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the FlexShares Morningstar Emerging Markets Factor Tilt Index. 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 Emerging Markets Factor Tilt Index was 44.21%, occurring on Mar 23, 2020. Recovery took 202 trading sessions.
The current FlexShares Morningstar Emerging Markets Factor Tilt Index drawdown is 2.64%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -44.21% | Jan 29, 2018 | 541 | Mar 23, 2020 | 202 | Jan 8, 2021 | 743 |
| -33.82% | Sep 8, 2014 | 345 | Jan 20, 2016 | 345 | Jun 2, 2017 | 690 |
| -33.51% | Jun 7, 2021 | 350 | Oct 24, 2022 | — | — | — |
| -16.76% | Jan 4, 2013 | 118 | Jun 24, 2013 | 259 | Jul 3, 2014 | 377 |
| -6.42% | Feb 18, 2021 | 25 | Mar 24, 2021 | 22 | Apr 26, 2021 | 47 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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