TLTE
FlexShares Morningstar Emerging Markets Factor Tilt Index

Price: $46.08
Change: $0.45 (0.01%)
Last Updated:

Vitals

Brand FlexShares
Structure ETF
Expense Ratio 0.59%
ETF Home Page Home page
Inception Sep 25, 2012

Analyst Report

This ETF offers exposure to emerging market economies, an asset class that is at the core of many long term, buy-and-hold portfolios. Given the tremendous growth potential of developing economies, many investors now make substantial allocations to this asset class; TLTE is one of several ETFs in the Emerging Markets Equities ETFdb Category that can be used to tap into this corner of the market.


The unique attribute of TLTE is its tilt towards small cap and value companies. This feature is based on evidence suggesting these types of securities may deliver excess returns over the long term; for investors interested in achieving broad, generally balanced exposure while implementing this tilt, this FlexShares ETF represents an efficient way to make that strategic shift.


The one potential downside is the cost; TLTE has an annual management fee that is considerably higher than some of the low cost emerging markets ETFs out there, such as VWO and SCHE.

ETF Database Themes

Asset Class Equity
Asset Class Size Multi-Cap
Asset Class Style Blend
Region (General) Emerging Markets
Region (Specific) Broad

FactSet Classifications

Segment Equity: Emerging Markets - Total Market
Category Size and Style
Focus Total Market
Niche Broad-based
Strategy Fundamental
Weighting Scheme Fundamental

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $41.22
  • 52 Week Hi $59.17
  • AUM $214.8 M
  • Shares 4.7 M

Historical Trading Data

  • 1 Month Avg. Volume 18,783
  • 3 Month Avg. Volume 27,836

Alternative ETFs in the ETF Database Foreign Large Cap Equities Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest SPDW 0.04% $13.1 B 7 M -15.07%
Largest (AUM) VEA 0.05% $100.1 B 21 M -14.43%
Most Liquid (Volume) EFA 0.32% $45.6 B 26 M -13.90%
Top YTD Performer ECH 0.57% $498.0 M 726,798 18.72%

Alternative ETFs in the FactSet Equity: Emerging Markets - Total Market Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest VWO 0.08% $66.7 B 15 M -19.43%
Largest (AUM) VWO 0.08% $66.7 B 15 M -19.43%
Most Liquid (Volume) EEM 0.68% $21.7 B 43 M -21.66%
Top YTD Performer EELV 0.29% $984.8 M 356,612 -6.05%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

TLTE ETF Database Category Average FactSet Segment Average
Number of Holdings 2680 723 807
% of Assets in Top 10 12.34% 23.21% 29.65%
% of Assets in Top 15 14.69% 29.26% 34.90%
% of Assets in Top 50 24.24% 54.00% 56.97%

Size Comparison

TLTE ETF Database Category Average FactSet Segment Average
Large (>12.9B) 41.00% 64.62% 48.57%
Mid (>2.7B) 22.83% 26.95% 31.76%
Small (>600M) 27.52% 4.00% 6.23%
Micro (<600M) 7.80% 0.33% 1.01%

TLTE Valuation

This section compares the P/E ratio of this ETF to its peers.

TLTE
P/E Ratio
21.30
ETF Database Category Average
P/E Ratio
25.14
FactSet Segment Average
P/E Ratio
11.44

TLTE Dividend

This section compares the dividend yield of this ETF to its peers.

TLTE ETF Database Category Average FactSet Segment Average
Dividend $ 0.52 $ 0.43 $ 0.28
Dividend Date 2021-09-17 N/A N/A
Annual Dividend Rate $ 1.17 $ 1.05 $ 0.64
Annual Dividend Yield 1.90% 2.55% 1.58%

TLTE Price and Volume Charts

View charts featuring TLTE price and volume data.

TLTE Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: 0 1 Month Net Flows: -8.95 M 3 Month Net Flows: -23.19 M 6 Month Net Flows: -12.55 M 1 Year Net Flows: -40.67 M 3 Year Net Flows: -140.24 M 5 Year Net Flows: -233.15 M 10 Year Net Flows: 263.76 M

TLTE Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.