TLTE vs. FLAX ETF Comparison
Comparison of FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (TLTE) to Franklin FTSE Asia ex Japan ETF (FLAX)
TLTE
FlexShares Morningstar Emerging Markets Factor Tilt Index Fund
TLTE Description
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Morningstar® Emerging Markets Factor Tilt IndexSM. The fund generally will invest under normal circumstances at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The underlying index reflects the performance of a selection of equity securities designed to provide broad exposure to the global emerging equities markets, with increased exposure (or a "tilt") to small-capitalization stocks and value stocks.
Grade (RS Rating)
Last Trade
$54.48
Average Daily Volume
9,963
56
FLAX
Franklin FTSE Asia ex Japan ETF
FLAX Description
The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Asia ex Japan RIC Capped Index (the FTSE Asia ex Japan Capped Index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the FTSE Asia ex Japan Capped Index and in depositary receipts representing such securities. The FTSE Asia ex Japan Capped Index is based on the FTSE Asia ex Japan Index and is designed to measure the performance of large- and mid- capitalization stocks from developed and emerging Asian countries, excluding Japan.Grade (RS Rating)
Last Trade
$23.43
Average Daily Volume
8,845
35
Performance
| Period | TLTE | FLAX |
|---|---|---|
| 30 Days | 9.01% | 11.10% |
| 60 Days | 7.01% | 8.02% |
| 90 Days | 7.25% | 10.84% |
| 12 Months | 18.02% | 14.74% |
33 Overlapping Holdings
| Symbol | Grade | Weight in TLTE | Weight in FLAX | Overlap | |
|---|---|---|---|---|---|
| ATHM | C | 0.01% | 0.03% | 0.01% | |
| BABA | C | 1.74% | 2.36% | 1.74% | |
| BEKE | C | 0.07% | 0.15% | 0.07% | |
| BGNE | D | 0.06% | 0.11% | 0.06% | |
| BIDU | D | 0.19% | 0.44% | 0.19% | |
| BILI | C | 0.02% | 0.05% | 0.02% | |
| CHT | B | 0.09% | 0.21% | 0.09% | |
| DADA | F | 0.0% | 0.0% | 0.0% | |
| DQ | F | 0.01% | 0.01% | 0.01% | |
| GDS | C | 0.01% | 0.01% | 0.01% | |
| HDB | F | 0.6% | 1.42% | 0.6% | |
| IBN | B | 0.43% | 0.47% | 0.43% | |
| IQ | C | 0.01% | 0.03% | 0.01% | |
| KB | B | 0.23% | 0.31% | 0.23% | |
| KEP | D | 0.04% | 0.06% | 0.04% | |
| LI | F | 0.09% | 0.22% | 0.09% | |
| LPL | F | 0.03% | 0.03% | 0.03% | |
| NIO | D | 0.05% | 0.1% | 0.05% | |
| PDD | B | 0.53% | 1.2% | 0.53% | |
| QFIN | B | 0.03% | 0.03% | 0.03% | |
| RLX | C | 0.01% | 0.02% | 0.01% | |
| SHG | C | 0.18% | 0.25% | 0.18% | |
| TAL | C | 0.04% | 0.08% | 0.04% | |
| TCOM | B | 0.2% | 0.41% | 0.2% | |
| TME | B | 0.04% | 0.12% | 0.04% | |
| UMC | C | 0.21% | 0.27% | 0.21% | |
| VIPS | D | 0.04% | 0.08% | 0.04% | |
| WB | D | 0.01% | 0.01% | 0.01% | |
| WIT | D | 0.05% | 0.11% | 0.05% | |
| XPEV | D | 0.03% | 0.07% | 0.03% | |
| YMM | B | 0.03% | 0.08% | 0.03% | |
| YUMC | D | 0.1% | 0.2% | 0.1% | |
| YY | D | 0.01% | 0.02% | 0.01% |
TLTE Overweight 23 Positions Relative to FLAX
| Symbol | Grade | Weight | |
|---|---|---|---|
| VALE | C | 0.49% | |
| FINV | C | 0.14% | |
| BAP | D | 0.12% | |
| ABEV | D | 0.06% | |
| BCH | B | 0.05% | |
| GGB | C | 0.05% | |
| SBSW | C | 0.04% | |
| VIST | B | 0.04% | |
| CSAN | F | 0.04% | |
| SKM | C | 0.04% | |
| ASAI | D | 0.03% | |
| BRFS | B | 0.03% | |
| HOLI | F | 0.02% | |
| ERJ | B | 0.02% | |
| MNSO | C | 0.02% | |
| IMOS | D | 0.01% | |
| IFS | D | 0.01% | |
| AZUL | F | 0.01% | |
| EH | C | 0.01% | |
| CAR | D | 0.01% | |
| ATAT | D | 0.01% | |
| SGRP | C | 0.01% | |
| AKO.A | C | 0.01% |
TLTE: Top Represented Industries & Keywords
FLAX: Top Represented Industries & Keywords
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