MP vs. TLTD
Compare and contrast key facts about MP Materials Corp. (MP) and FlexShares Morningstar Developed Markets ex-US Factor Tilt (TLTD).
TLTD is a passively managed fund by Northern Trust that tracks the performance of the Morningstar Developed Markets ex-US Factor Tilt Index. It was launched on Sep 28, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MP or TLTD.
Correlation
The correlation between MP and TLTD is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
MP vs. TLTD - Performance Comparison
Key characteristics
MP:
0.79
TLTD:
0.83
MP:
1.62
TLTD:
1.25
MP:
1.19
TLTD:
1.17
MP:
0.66
TLTD:
1.08
MP:
3.03
TLTD:
3.48
MP:
17.76%
TLTD:
4.07%
MP:
68.31%
TLTD:
17.08%
MP:
-81.99%
TLTD:
-40.62%
MP:
-58.10%
TLTD:
-0.02%
Returns By Period
In the year-to-date period, MP achieves a 56.47% return, which is significantly higher than TLTD's 12.22% return.
MP
56.47%
-6.01%
30.95%
52.56%
N/A
N/A
TLTD
12.22%
2.54%
9.70%
14.28%
12.78%
5.35%
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Risk-Adjusted Performance
MP vs. TLTD — Risk-Adjusted Performance Rank
MP
TLTD
MP vs. TLTD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MP Materials Corp. (MP) and FlexShares Morningstar Developed Markets ex-US Factor Tilt (TLTD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
MP vs. TLTD - Dividend Comparison
MP has not paid dividends to shareholders, while TLTD's dividend yield for the trailing twelve months is around 3.60%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MP MP Materials Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt | 3.60% | 3.88% | 3.39% | 2.76% | 3.44% | 2.04% | 3.46% | 3.16% | 2.71% | 2.93% | 2.56% | 3.14% |
Drawdowns
MP vs. TLTD - Drawdown Comparison
The maximum MP drawdown since its inception was -81.99%, which is greater than TLTD's maximum drawdown of -40.62%. Use the drawdown chart below to compare losses from any high point for MP and TLTD. For additional features, visit the drawdowns tool.
Volatility
MP vs. TLTD - Volatility Comparison
MP Materials Corp. (MP) has a higher volatility of 36.03% compared to FlexShares Morningstar Developed Markets ex-US Factor Tilt (TLTD) at 11.38%. This indicates that MP's price experiences larger fluctuations and is considered to be riskier than TLTD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.