TLTD vs. TPL
Compare and contrast key facts about FlexShares Morningstar Developed Markets ex-US Factor Tilt (TLTD) and Texas Pacific Land Corporation (TPL).
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.
Performance
TLTD vs. TPL - Performance Comparison
Loading graphics...
TLTD vs. TPL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt | 1.50% | 39.69% | 4.78% | 17.19% | -13.74% | 12.84% | 4.21% | 21.26% | -17.57% | 26.27% |
TPL Texas Pacific Land Corporation | 65.41% | -21.61% | 115.31% | -32.40% | 91.29% | 73.25% | -4.69% | 44.58% | 21.96% | 51.18% |
Returns By Period
In the year-to-date period, TLTD achieves a 1.50% return, which is significantly lower than TPL's 65.41% return. Over the past 10 years, TLTD has underperformed TPL with an annualized return of 9.23%, while TPL has yielded a comparatively higher 41.62% annualized return.
TLTD
- 1D
- 3.03%
- 1M
- -8.32%
- YTD
- 1.50%
- 6M
- 7.64%
- 1Y
- 30.17%
- 3Y*
- 17.62%
- 5Y*
- 9.49%
- 10Y*
- 9.23%
TPL
- 1D
- 1.54%
- 1M
- -9.38%
- YTD
- 65.41%
- 6M
- 52.94%
- 1Y
- 8.11%
- 3Y*
- 37.44%
- 5Y*
- 23.18%
- 10Y*
- 41.62%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TLTD vs. TPL — Risk / Return Rank
TLTD
TPL
TLTD vs. TPL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares Morningstar Developed Markets ex-US Factor Tilt (TLTD) and Texas Pacific Land Corporation (TPL). 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.
| TLTD | TPL | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.78 | 0.17 | +1.61 |
Sortino ratioReturn per unit of downside risk | 2.40 | 0.58 | +1.81 |
Omega ratioGain probability vs. loss probability | 1.36 | 1.08 | +0.29 |
Calmar ratioReturn relative to maximum drawdown | 2.44 | 0.23 | +2.21 |
Martin ratioReturn relative to average drawdown | 9.90 | 0.35 | +9.56 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| TLTD | TPL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.78 | 0.17 | +1.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 0.51 | +0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | 0.90 | -0.35 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.58 | -0.09 |
Correlation
The correlation between TLTD and TPL is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
TLTD vs. TPL - Dividend Comparison
TLTD's dividend yield for the trailing twelve months is around 3.29%, more than TPL's 0.46% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt | 3.29% | 3.44% | 3.88% | 3.39% | 2.76% | 3.44% | 2.04% | 3.46% | 3.16% | 2.71% | 2.93% | 2.56% |
TPL Texas Pacific Land Corporation | 0.46% | 0.74% | 1.37% | 0.83% | 1.37% | 0.88% | 2.20% | 0.22% | 0.55% | 0.30% | 0.10% | 0.22% |
Drawdowns
TLTD vs. TPL - Drawdown Comparison
The maximum TLTD drawdown since its inception was -40.62%, smaller than the maximum TPL drawdown of -73.05%. Use the drawdown chart below to compare losses from any high point for TLTD and TPL.
Loading graphics...
Drawdown Indicators
| TLTD | TPL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.62% | -73.05% | +32.43% |
Max Drawdown (1Y)Largest decline over 1 year | -12.11% | -42.34% | +30.23% |
Max Drawdown (5Y)Largest decline over 5 years | -28.96% | -52.50% | +23.54% |
Max Drawdown (10Y)Largest decline over 10 years | -40.62% | -65.46% | +24.84% |
Current DrawdownCurrent decline from peak | -8.61% | -17.02% | +8.41% |
Average DrawdownAverage peak-to-trough decline | -7.74% | -27.26% | +19.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.98% | 27.98% | -25.00% |
Volatility
TLTD vs. TPL - Volatility Comparison
The current volatility for FlexShares Morningstar Developed Markets ex-US Factor Tilt (TLTD) is 7.39%, while Texas Pacific Land Corporation (TPL) has a volatility of 11.83%. This indicates that TLTD experiences smaller price fluctuations and is considered to be less risky than TPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| TLTD | TPL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.39% | 11.83% | -4.44% |
Volatility (6M)Calculated over the trailing 6-month period | 10.96% | 32.57% | -21.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.02% | 48.59% | -31.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.84% | 45.74% | -29.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.76% | 46.53% | -29.77% |