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

Correlation

The correlation between TLTE and TLT is -0.14. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0-0.1

Performance

TLTE vs. TLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FlexShares Morningstar Emerging Markets Factor Tilt Index (TLTE) and iShares 20+ Year Treasury Bond ETF (TLT). The values are adjusted to include any dividend payments, if applicable.

0.00%10.00%20.00%30.00%40.00%50.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
42.16%
-2.12%
TLTE
TLT

Key characteristics

Sharpe Ratio

TLTE:

0.58

TLT:

-0.54

Sortino Ratio

TLTE:

0.88

TLT:

-0.66

Omega Ratio

TLTE:

1.11

TLT:

0.93

Calmar Ratio

TLTE:

0.45

TLT:

-0.17

Martin Ratio

TLTE:

2.14

TLT:

-1.13

Ulcer Index

TLTE:

3.81%

TLT:

6.75%

Daily Std Dev

TLTE:

14.06%

TLT:

14.28%

Max Drawdown

TLTE:

-44.21%

TLT:

-48.35%

Current Drawdown

TLTE:

-10.12%

TLT:

-42.06%

Returns By Period

In the year-to-date period, TLTE achieves a 4.61% return, which is significantly higher than TLT's -7.02% return. Over the past 10 years, TLTE has outperformed TLT with an annualized return of 3.64%, while TLT has yielded a comparatively lower -0.87% annualized return.


TLTE

YTD

4.61%

1M

-0.91%

6M

-0.27%

1Y

6.73%

5Y*

3.19%

10Y*

3.64%

TLT

YTD

-7.02%

1M

-1.53%

6M

-3.76%

1Y

-6.64%

5Y*

-5.98%

10Y*

-0.87%

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Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


TLTE vs. TLT - Expense Ratio Comparison

TLTE has a 0.59% expense ratio, which is higher than TLT's 0.15% 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 TLT: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%

Risk-Adjusted Performance

TLTE vs. TLT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for FlexShares Morningstar Emerging Markets Factor Tilt Index (TLTE) and iShares 20+ Year Treasury Bond ETF (TLT). 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 market0.002.004.000.58-0.54
The chart of Sortino ratio for TLTE, currently valued at 0.88, compared to the broader market-2.000.002.004.006.008.0010.000.88-0.66
The chart of Omega ratio for TLTE, currently valued at 1.11, compared to the broader market0.501.001.502.002.503.001.110.93
The chart of Calmar ratio for TLTE, currently valued at 0.45, compared to the broader market0.005.0010.0015.000.45-0.17
The chart of Martin ratio for TLTE, currently valued at 2.14, compared to the broader market0.0020.0040.0060.0080.00100.002.14-1.13
TLTE
TLT

The current TLTE Sharpe Ratio is 0.58, which is higher than the TLT Sharpe Ratio of -0.54. The chart below compares the historical Sharpe Ratios of TLTE and TLT, 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-0.500.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.58
-0.54
TLTE
TLT

Dividends

TLTE vs. TLT - Dividend Comparison

TLTE's dividend yield for the trailing twelve months is around 3.69%, less than TLT's 4.25% 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%
TLT
iShares 20+ Year Treasury Bond ETF
4.25%3.38%2.67%1.50%1.50%2.27%2.63%2.43%2.60%2.61%2.67%3.26%

Drawdowns

TLTE vs. TLT - Drawdown Comparison

The maximum TLTE drawdown since its inception was -44.21%, smaller than the maximum TLT drawdown of -48.35%. Use the drawdown chart below to compare losses from any high point for TLTE and TLT. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-10.12%
-42.06%
TLTE
TLT

Volatility

TLTE vs. TLT - Volatility Comparison

The current volatility for FlexShares Morningstar Emerging Markets Factor Tilt Index (TLTE) is 3.44%, while iShares 20+ Year Treasury Bond ETF (TLT) has a volatility of 4.47%. This indicates that TLTE experiences smaller price fluctuations and is considered to be less risky than TLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
3.44%
4.47%
TLTE
TLT
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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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