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

Correlation

The correlation between TLTE and MP is 0.64, 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.

TLTE vs. MP

Last updated Jun 1, 2025

Compare and contrast key facts about FlexShares Morningstar Emerging Markets Factor Tilt Index (TLTE) and MP Materials Corp. (MP).

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.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TLTE or MP.

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.

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Key characteristics

Sharpe Ratio

TLTE:

0.49

MP:

0.54

Sortino Ratio

TLTE:

0.66

MP:

1.18

Omega Ratio

TLTE:

1.09

MP:

1.14

Calmar Ratio

TLTE:

0.37

MP:

0.37

Martin Ratio

TLTE:

1.05

MP:

2.04

Ulcer Index

TLTE:

6.43%

MP:

14.96%

Daily Std Dev

TLTE:

17.38%

MP:

68.39%

Max Drawdown

TLTE:

-44.21%

MP:

-81.99%

Current Drawdown

TLTE:

-3.66%

MP:

-62.60%

Returns By Period

In the year-to-date period, TLTE achieves a 8.30% return, which is significantly lower than MP's 39.68% return.

TLTE

YTD

8.30%

1M

5.08%

6M

5.85%

1Y

8.98%

3Y*

5.14%

5Y*

9.02%

10Y*

3.51%

MP

YTD

39.68%

1M

-10.48%

6M

3.42%

1Y

34.34%

3Y*

-17.94%

5Y*

N/A

10Y*

N/A

*Annualized

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FlexShares Morningstar Emerging Markets Factor Tilt Index

MP Materials Corp.

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

TLTE vs. MP — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
TLTE
The Risk-Adjusted Performance Rank of TLTE is 3737
Overall Rank
The Sharpe Ratio Rank of TLTE is 4343
Sharpe Ratio Rank
The Sortino Ratio Rank of TLTE is 3636
Sortino Ratio Rank
The Omega Ratio Rank of TLTE is 3434
Omega Ratio Rank
The Calmar Ratio Rank of TLTE is 4141
Calmar Ratio Rank
The Martin Ratio Rank of TLTE is 3434
Martin Ratio Rank
MP
The Risk-Adjusted Performance Rank of MP is 6969
Overall Rank
The Sharpe Ratio Rank of MP is 7070
Sharpe Ratio Rank
The Sortino Ratio Rank of MP is 6969
Sortino Ratio Rank
The Omega Ratio Rank of MP is 6565
Omega Ratio Rank
The Calmar Ratio Rank of MP is 6767
Calmar Ratio Rank
The Martin Ratio Rank of MP is 7373
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.

The current TLTE Sharpe Ratio is 0.49, which is comparable to the MP Sharpe Ratio of 0.54. 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.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

TLTE vs. MP - Dividend Comparison

TLTE's dividend yield for the trailing twelve months is around 3.45%, while MP has not paid dividends to shareholders.

TTM20242023202220212020201920182017201620152014
TLTE
FlexShares Morningstar Emerging Markets Factor Tilt Index		3.45%3.73%4.03%4.42%3.21%1.95%3.22%3.02%2.12%2.30%2.00%2.06%
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.

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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

TLTE vs. MP - Volatility Comparison

The current volatility for FlexShares Morningstar Emerging Markets Factor Tilt Index (TLTE) is 4.00%, while MP Materials Corp. (MP) has a volatility of 17.94%. 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.

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