TLTE vs. FIDI
Compare and contrast key facts about FlexShares Morningstar Emerging Markets Factor Tilt Index (TLTE) and Fidelity International High Dividend ETF (FIDI).
TLTE and FIDI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TLTE is a passively managed fund by Northern Trust that tracks the performance of the Morningstar Emerging Markets Factor Tilt Index. It was launched on Sep 28, 2012. FIDI is a passively managed fund by Fidelity that tracks the performance of the Fidelity® International High Dividend Index. It was launched on Jan 16, 2018. Both TLTE and FIDI are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
TLTE vs. FIDI - Performance Comparison
Loading graphics...
TLTE vs. FIDI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index | 5.87% | 30.21% | 3.53% | 13.62% | -17.31% | 4.79% | 12.10% | 14.51% | -21.45% |
FIDI Fidelity International High Dividend ETF | 8.15% | 39.34% | -0.06% | 16.28% | -4.73% | 16.87% | -11.68% | 15.47% | -20.16% |
Returns By Period
In the year-to-date period, TLTE achieves a 5.87% return, which is significantly lower than FIDI's 8.15% return.
TLTE
- 1D
- 0.60%
- 1M
- -7.05%
- YTD
- 5.87%
- 6M
- 9.26%
- 1Y
- 33.15%
- 3Y*
- 15.61%
- 5Y*
- 5.61%
- 10Y*
- 7.85%
FIDI
- 1D
- 0.53%
- 1M
- -1.68%
- YTD
- 8.15%
- 6M
- 14.99%
- 1Y
- 35.04%
- 3Y*
- 19.16%
- 5Y*
- 11.79%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TLTE vs. FIDI - Expense Ratio Comparison
TLTE has a 0.59% expense ratio, which is higher than FIDI's 0.39% expense ratio.
Return for Risk
TLTE vs. FIDI — Risk / Return Rank
TLTE
FIDI
TLTE vs. FIDI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares Morningstar Emerging Markets Factor Tilt Index (TLTE) and Fidelity International High Dividend ETF (FIDI). 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.
| TLTE | FIDI | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.82 | 2.36 | -0.54 |
Sortino ratioReturn per unit of downside risk | 2.41 | 3.07 | -0.66 |
Omega ratioGain probability vs. loss probability | 1.35 | 1.47 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | 2.59 | 3.59 | -0.99 |
Martin ratioReturn relative to average drawdown | 10.18 | 16.57 | -6.40 |
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
| TLTE | FIDI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.82 | 2.36 | -0.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 0.80 | -0.46 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.31 | -0.03 |
Correlation
The correlation between TLTE and FIDI is 0.71, 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.
Dividends
TLTE vs. FIDI - Dividend Comparison
TLTE's dividend yield for the trailing twelve months is around 3.55%, less than FIDI's 4.15% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index | 3.55% | 3.76% | 3.73% | 4.03% | 4.42% | 3.21% | 1.95% | 3.23% | 3.02% | 2.12% | 2.30% | 2.00% |
FIDI Fidelity International High Dividend ETF | 4.15% | 4.33% | 5.72% | 4.80% | 5.09% | 4.00% | 3.36% | 4.26% | 4.37% | 0.00% | 0.00% | 0.00% |
Drawdowns
TLTE vs. FIDI - Drawdown Comparison
The maximum TLTE drawdown since its inception was -44.21%, roughly equal to the maximum FIDI drawdown of -46.34%. Use the drawdown chart below to compare losses from any high point for TLTE and FIDI.
Loading graphics...
Drawdown Indicators
| TLTE | FIDI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.21% | -46.34% | +2.13% |
Max Drawdown (1Y)Largest decline over 1 year | -13.04% | -9.92% | -3.12% |
Max Drawdown (5Y)Largest decline over 5 years | -33.51% | -26.05% | -7.46% |
Max Drawdown (10Y)Largest decline over 10 years | -44.21% | — | — |
Current DrawdownCurrent decline from peak | -9.48% | -2.84% | -6.64% |
Average DrawdownAverage peak-to-trough decline | -12.28% | -9.97% | -2.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.32% | 2.15% | +1.17% |
Volatility
TLTE vs. FIDI - Volatility Comparison
FlexShares Morningstar Emerging Markets Factor Tilt Index (TLTE) has a higher volatility of 9.42% compared to Fidelity International High Dividend ETF (FIDI) at 4.87%. This indicates that TLTE's price experiences larger fluctuations and is considered to be riskier than FIDI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| TLTE | FIDI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.42% | 4.87% | +4.55% |
Volatility (6M)Calculated over the trailing 6-month period | 13.94% | 8.82% | +5.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.26% | 14.91% | +3.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.40% | 14.83% | +1.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.23% | 18.85% | -0.62% |