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

Correlation

The correlation between TLTE and TDTT is 0.12, 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.


-0.50.00.51.00.1

Performance

TLTE vs. TDTT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FlexShares Morningstar Emerging Markets Factor Tilt Index (TLTE) and FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT). The values are adjusted to include any dividend payments, if applicable.

20.00%30.00%40.00%50.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
42.16%
22.85%
TLTE
TDTT

Key characteristics

Sharpe Ratio

TLTE:

0.58

TDTT:

1.45

Sortino Ratio

TLTE:

0.88

TDTT:

2.11

Omega Ratio

TLTE:

1.11

TDTT:

1.27

Calmar Ratio

TLTE:

0.45

TDTT:

1.65

Martin Ratio

TLTE:

2.14

TDTT:

6.69

Ulcer Index

TLTE:

3.81%

TDTT:

0.56%

Daily Std Dev

TLTE:

14.06%

TDTT:

2.59%

Max Drawdown

TLTE:

-44.21%

TDTT:

-6.97%

Current Drawdown

TLTE:

-10.12%

TDTT:

-1.40%

Returns By Period

In the year-to-date period, TLTE achieves a 4.61% return, which is significantly higher than TDTT's 3.78% return. Over the past 10 years, TLTE has outperformed TDTT with an annualized return of 3.64%, while TDTT has yielded a comparatively lower 2.47% annualized return.


TLTE

YTD

4.61%

1M

-0.91%

6M

-0.27%

1Y

6.73%

5Y*

3.19%

10Y*

3.64%

TDTT

YTD

3.78%

1M

-0.31%

6M

1.99%

1Y

3.78%

5Y*

3.20%

10Y*

2.47%

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TLTE vs. TDTT - Expense Ratio Comparison

TLTE has a 0.59% expense ratio, which is higher than TDTT's 0.18% expense ratio.


TLTE
FlexShares Morningstar Emerging Markets Factor Tilt Index
Expense ratio chart for TLTE: current value at 0.59% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.59%
Expense ratio chart for TDTT: current value at 0.18% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.18%

Risk-Adjusted Performance

TLTE vs. TDTT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for FlexShares Morningstar Emerging Markets Factor Tilt Index (TLTE) and FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT). 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 market0.002.004.000.581.45
The chart of Sortino ratio for TLTE, currently valued at 0.88, compared to the broader market-2.000.002.004.006.008.0010.000.882.11
The chart of Omega ratio for TLTE, currently valued at 1.11, compared to the broader market0.501.001.502.002.503.001.111.27
The chart of Calmar ratio for TLTE, currently valued at 0.45, compared to the broader market0.005.0010.0015.000.451.65
The chart of Martin ratio for TLTE, currently valued at 2.14, compared to the broader market0.0020.0040.0060.0080.00100.002.146.69
TLTE
TDTT

The current TLTE Sharpe Ratio is 0.58, which is lower than the TDTT Sharpe Ratio of 1.45. The chart below compares the historical Sharpe Ratios of TLTE and TDTT, 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 Ratio0.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
0.58
1.45
TLTE
TDTT

Dividends

TLTE vs. TDTT - Dividend Comparison

TLTE's dividend yield for the trailing twelve months is around 3.69%, less than TDTT's 4.02% yield.


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%
TDTT
FlexShares iBoxx 3-Year Target Duration TIPS Index Fund
4.02%3.88%6.97%4.53%1.15%1.91%2.48%1.88%1.01%0.00%0.85%0.19%

Drawdowns

TLTE vs. TDTT - Drawdown Comparison

The maximum TLTE drawdown since its inception was -44.21%, which is greater than TDTT's maximum drawdown of -6.97%. Use the drawdown chart below to compare losses from any high point for TLTE and TDTT. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-10.12%
-1.40%
TLTE
TDTT

Volatility

TLTE vs. TDTT - Volatility Comparison

FlexShares Morningstar Emerging Markets Factor Tilt Index (TLTE) has a higher volatility of 3.44% compared to FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) at 0.67%. This indicates that TLTE's price experiences larger fluctuations and is considered to be riskier than TDTT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
3.44%
0.67%
TLTE
TDTT
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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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