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TLTE vs. VIDI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

TLTE vs. VIDI

Last updated Jun 26, 2026

TLTE (FlexShares Morningstar Emerging Markets Factor Tilt Index) and VIDI (Vident International Equity Fund) are both Foreign Large Cap Equities funds - TLTE tracks the Morningstar Emerging Markets Factor Tilt Index while VIDI tracks the Vident International Equity Index. Both are passively managed. Over the past 10 years, TLTE returned 9.71%/yr vs 11.25%/yr for VIDI. Their correlation of 0.85 suggests significant overlap in exposure. Both charge a 0.59% expense ratio.

Performance

TLTE vs. VIDI - Performance Comparison

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

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Returns By Period

In the year-to-date period, TLTE achieves a 21.06% return, which is significantly higher than VIDI's 17.69% return. Over the past 10 years, TLTE has underperformed VIDI with an annualized return of 9.71%, while VIDI has yielded a comparatively higher 11.25% annualized return.

TLTE

1D
0.85%
1M
-1.94%
YTD
21.06%
6M
21.52%
1Y
37.50%
3Y*
21.24%
5Y*
7.30%
10Y*
9.71%

VIDI

1D
0.33%
1M
-3.68%
YTD
17.69%
6M
16.79%
1Y
40.73%
3Y*
25.25%
5Y*
11.69%
10Y*
11.25%
*Multi-year figures are annualized to reflect compound growth (CAGR)

TLTE vs. VIDI - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
TLTE
FlexShares Morningstar Emerging Markets Factor Tilt Index		21.06%30.21%3.53%13.62%-17.31%4.79%12.10%14.51%-17.44%32.82%
VIDI
Vident International Equity Fund		17.69%41.83%6.03%18.92%-13.83%11.93%1.18%15.84%-17.65%33.56%

Correlation

The correlation between TLTE and VIDI is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.84

Correlation (3Y)
Calculated over the trailing 3-year period

0.85

Correlation (5Y)
Calculated over the trailing 5-year period

0.86

Correlation (10Y)
Calculated over the trailing 10-year period

0.86

Correlation (All Time)
Calculated using the full available price history since Oct 30, 2013

0.85

The correlation between TLTE and VIDI has been stable across timeframes, ranging from 0.84 to 0.86 - a consistent structural relationship.

TLTE vs. VIDI - Sectors Allocation Comparison

Sectors
TLTE
VIDI

Technology

33.5%
18.4%

Financial Services

17.7%
17.5%

Industrials

10.5%
18.7%

Consumer Cyclical

9.9%
10.5%

Basic Materials

7.0%
7.7%

Communication Services

4.2%
5.4%

Real Estate

4.1%
0.7%

Consumer Defensive

3.7%
5.6%

Energy

3.7%
7.0%

Utilities

2.9%
2.6%

Healthcare

2.8%
5.9%

Technology

TLTE
33.5%
VIDI
18.4%

Financial Services

TLTE
17.7%
VIDI
17.5%

Industrials

TLTE
10.5%
VIDI
18.7%

Consumer Cyclical

TLTE
9.9%
VIDI
10.5%

Basic Materials

TLTE
7.0%
VIDI
7.7%

Communication Services

TLTE
4.2%
VIDI
5.4%

Real Estate

TLTE
4.1%
VIDI
0.7%

Consumer Defensive

TLTE
3.7%
VIDI
5.6%

Energy

TLTE
3.7%
VIDI
7.0%

Utilities

TLTE
2.9%
VIDI
2.6%

Healthcare

TLTE
2.8%
VIDI
5.9%

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FlexShares Morningstar Emerging Markets Factor Tilt Index

Vident International Equity Fund

Often compared with TLTE:
TLTE vs. TLTTLTE vs. VtiTLTE vs. TLTDTLTE vs. TDTTTLTE vs. MPTLTE vs. VTITLTE vs. VWO
Often compared with VIDI:
VIDI vs. VYMIVIDI vs. FIDIVIDI vs. SCHYVIDI vs. FNDFVIDI vs. SCHDVIDI vs. VWILXVIDI vs. VXUS

Return for Risk

TLTE vs. VIDI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
TLTE
TLTE Risk / Return Rank: 6464
Overall Rank
TLTE Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
TLTE Sortino Ratio Rank: 5656
Sortino Ratio Rank
TLTE Omega Ratio Rank: 6767
Omega Ratio Rank
TLTE Calmar Ratio Rank: 6767
Calmar Ratio Rank
TLTE Martin Ratio Rank: 6868
Martin Ratio Rank
VIDI
VIDI Risk / Return Rank: 8787
Overall Rank
VIDI Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
VIDI Sortino Ratio Rank: 8787
Sortino Ratio Rank
VIDI Omega Ratio Rank: 8989
Omega Ratio Rank
VIDI Calmar Ratio Rank: 8585
Calmar Ratio Rank
VIDI Martin Ratio Rank: 8383
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TLTE vs. VIDI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FlexShares Morningstar Emerging Markets Factor Tilt Index (TLTE) and Vident International Equity Fund (VIDI). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

TLTEVIDIDifference
Sharpe ratioReturn per unit of total volatility
1.80
2.63

-0.83

Sortino ratioReturn per unit of downside risk
2.38
3.43

-1.05

Omega ratioGain probability vs. loss probability

1.35

1.49

-0.14

Calmar ratioReturn relative to maximum drawdown

2.89

4.06

-1.17

Martin ratioReturn relative to average drawdown

10.81

14.69

-3.88

TLTE vs. VIDI - Sharpe Ratio Comparison

The current TLTE Sharpe Ratio is 1.80, which is lower than the VIDI Sharpe Ratio of 2.63. The chart below compares the historical Sharpe Ratios of TLTE and VIDI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

TLTE vs. VIDI - Drawdown Comparison

The maximum TLTE drawdown since its inception was -44.21%, smaller than the maximum VIDI drawdown of -48.39%. Use the drawdown chart below to compare losses from any high point for TLTE and VIDI.

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Drawdown Indicators

TLTEVIDIDifference

Max Drawdown

Largest peak-to-trough decline

-44.21%

-48.39%

+4.18%

Max Drawdown (1Y)

Largest decline over 1 year

-13.04%

-10.07%

-2.97%

Max Drawdown (3Y)

Largest decline over 3 years

-17.43%

-14.54%

-2.89%

Max Drawdown (5Y)

Largest decline over 5 years

-32.65%

-28.35%

-4.30%

Max Drawdown (10Y)

Largest decline over 10 years

-44.21%

-48.39%

+4.18%

Current Drawdown

Current decline from peak

-4.32%

-4.95%

+0.63%

Average Drawdown

Average peak-to-trough decline

-12.11%

-10.36%

-1.75%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.48%

2.78%

+0.70%

Volatility

TLTE vs. VIDI - Volatility Comparison

FlexShares Morningstar Emerging Markets Factor Tilt Index (TLTE) has a higher volatility of 11.20% compared to Vident International Equity Fund (VIDI) at 6.71%. This indicates that TLTE's price experiences larger fluctuations and is considered to be riskier than VIDI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

TLTEVIDIDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.20%

6.71%

+4.49%

Volatility (6M)

Calculated over the trailing 6-month period

19.21%

13.47%

+5.74%

Volatility (1Y)

Calculated over the trailing 1-year period

20.89%

15.59%

+5.30%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.45%

16.15%

+1.30%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.59%

17.95%

+0.64%

TLTE vs. VIDI - Expense Ratio Comparison

Both TLTE and VIDI have an expense ratio of 0.59%.

Dividends

TLTE vs. VIDI - Dividend Comparison

TLTE's dividend yield for the trailing twelve months is around 3.23%, less than VIDI's 3.97% yield.

PositionTTM20252024202320222021202020192018201720162015
TLTE
FlexShares Morningstar Emerging Markets Factor Tilt Index		3.23%3.76%3.73%4.03%4.42%3.21%1.95%3.23%3.02%2.12%2.30%2.00%
VIDI
Vident International Equity Fund		3.97%4.26%4.93%4.14%5.85%4.62%2.51%3.35%2.80%2.21%1.92%2.25%

Frequently Asked Questions

TLTE and VIDI have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

TLTE has higher volatility (11.20%) compared to VIDI (6.71%). In terms of maximum drawdown, TLTE dropped -44.21% vs VIDI's -48.39%.

On 10-year performance, VIDI leads with 11.25% vs 9.71% for TLTE. Both ETFs have the same 0.59% expense ratio. On volatility, VIDI has been the lower-risk option at 6.71%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, VIDI has performed better with a 11.25% return vs 9.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

TLTE and VIDI have the same expense ratio: 0.59% per year.

VIDI has the higher dividend yield at 3.97%, compared with 3.23% for TLTE.

TLTE tracks Morningstar Emerging Markets Factor Tilt Index, while VIDI tracks Vident International Equity Index. They also come from different issuers: Northern Trust and Vident.

VIDI currently has the higher Sharpe Ratio (2.63 vs 1.80), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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