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TLTE vs. MP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TLTE and MP is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.5

Performance

TLTE vs. MP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FlexShares Morningstar Emerging Markets Factor Tilt Index (TLTE) and MP Materials Corp. (MP). The values are adjusted to include any dividend payments, if applicable.

0.00%20.00%40.00%60.00%80.00%100.00%120.00%140.00%JulyAugustSeptemberOctoberNovemberDecember
33.56%
58.40%
TLTE
MP

Key characteristics

Sharpe Ratio

TLTE:

0.58

MP:

-0.22

Sortino Ratio

TLTE:

0.88

MP:

0.07

Omega Ratio

TLTE:

1.11

MP:

1.01

Calmar Ratio

TLTE:

0.45

MP:

-0.16

Martin Ratio

TLTE:

2.14

MP:

-0.50

Ulcer Index

TLTE:

3.81%

MP:

25.54%

Daily Std Dev

TLTE:

14.06%

MP:

57.40%

Max Drawdown

TLTE:

-44.21%

MP:

-81.99%

Current Drawdown

TLTE:

-10.12%

MP:

-72.81%

Returns By Period

In the year-to-date period, TLTE achieves a 4.61% return, which is significantly higher than MP's -20.20% return.


TLTE

YTD

4.61%

1M

-0.91%

6M

-0.27%

1Y

6.73%

5Y*

3.19%

10Y*

3.64%

MP

YTD

-20.20%

1M

-13.11%

6M

15.79%

1Y

-20.56%

5Y*

N/A

10Y*

N/A

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Risk-Adjusted Performance

TLTE vs. MP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for FlexShares Morningstar Emerging Markets Factor Tilt Index (TLTE) and MP Materials Corp. (MP). 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.


Sharpe ratio
The chart of Sharpe ratio for TLTE, currently valued at 0.58, compared to the broader market0.002.004.000.58-0.22
The chart of Sortino ratio for TLTE, currently valued at 0.88, compared to the broader market-2.000.002.004.006.008.0010.000.880.07
The chart of Omega ratio for TLTE, currently valued at 1.11, compared to the broader market0.501.001.502.002.503.001.111.01
The chart of Calmar ratio for TLTE, currently valued at 0.45, compared to the broader market0.005.0010.0015.000.45-0.16
The chart of Martin ratio for TLTE, currently valued at 2.14, compared to the broader market0.0020.0040.0060.0080.00100.002.14-0.50
TLTE
MP

The current TLTE Sharpe Ratio is 0.58, which is higher than the MP Sharpe Ratio of -0.22. The chart below compares the historical Sharpe Ratios of TLTE and MP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.58
-0.22
TLTE
MP

Dividends

TLTE vs. MP - Dividend Comparison

TLTE's dividend yield for the trailing twelve months is around 3.69%, while MP has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
TLTE
FlexShares Morningstar Emerging Markets Factor Tilt Index
3.69%4.03%4.42%3.21%1.95%3.22%3.02%2.12%2.30%2.00%2.06%0.83%
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%

Drawdowns

TLTE vs. MP - Drawdown Comparison

The maximum TLTE drawdown since its inception was -44.21%, smaller than the maximum MP drawdown of -81.99%. Use the drawdown chart below to compare losses from any high point for TLTE and MP. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-10.12%
-72.81%
TLTE
MP

Volatility

TLTE vs. MP - Volatility Comparison

The current volatility for FlexShares Morningstar Emerging Markets Factor Tilt Index (TLTE) is 3.44%, while MP Materials Corp. (MP) has a volatility of 21.89%. This indicates that TLTE experiences smaller price fluctuations and is considered to be less risky than MP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
3.44%
21.89%
TLTE
MP
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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