ESGE vs. TLTE ETF Comparison

Comparison of iShares MSCI EM ESG Optimized ETF (ESGE) to FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (TLTE)

ESGE

iShares MSCI EM ESG Optimized ETF

ESGE Description

The iShares MSCI EM ESG Select ETF seeks to track the investment results of an index composed of large- and mid capitalization emerging market equities that have positive environmental, social and governance characteristics as identified by the index provider.

Grade (RS Rating)

Last Trade

$34.56

Average Daily Volume

527,791

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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 MorningstarÂ® 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

$53.62

Average Daily Volume

4,149

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ESGE	TLTE
30 Days	-3.92%	-3.60%
60 Days	-1.57%	-2.31%
90 Days	-0.46%	-1.68%
12 Months	12.23%	11.52%

13 Overlapping Holdings

Symbol	Grade	Weight in ESGE	Weight in TLTE	Overlap
BABA	D	1.99%	1.98%	1.98%
BGNE	D	0.1%	0.08%	0.08%
BIDU	F	0.25%	0.26%	0.25%
CHT	D	0.32%	0.11%	0.11%
HDB	C	1.23%	0.83%	0.83%
IBN	C	1.31%	0.57%	0.57%
LI	F	0.43%	0.1%	0.1%
MNSO	F	0.12%	0.02%	0.02%
NIO	F	0.13%	0.05%	0.05%
TCOM	B	0.49%	0.26%	0.26%
UMC	F	0.28%	0.18%	0.18%
XPEV	C	0.36%	0.07%	0.07%
YUMC	C	0.42%	0.13%	0.13%

ESGE Overweight 0 Positions Relative to TLTE

	Symbol	Grade	Weight

ESGE Underweight 42 Positions Relative to TLTE

Symbol	Grade	Weight
PDD	F	-0.55%
VALE	F	-0.38%
KB	B	-0.26%
SHG	D	-0.2%
SGRP	D	-0.16%
BAP	B	-0.13%
DQ	F	-0.13%
MOMO	D	-0.12%
FINV	B	-0.11%
WB	D	-0.1%
BEKE	D	-0.09%
ABEV	F	-0.07%
WIT	A	-0.07%
GGB	C	-0.05%
BCH	F	-0.05%
ERJ	B	-0.05%
VIPS	F	-0.05%
ASAI	F	-0.05%
KEP	B	-0.04%
VIST	A	-0.04%
SKM	D	-0.04%
YMM	C	-0.04%
CSAN	F	-0.03%
BEKE	D	-0.03%
TAL	F	-0.03%
SBSW	D	-0.03%
GDS	C	-0.03%
BILI	D	-0.03%
BRFS	D	-0.03%
TME	D	-0.03%
ATAT	C	-0.02%
TME	D	-0.02%
LPL	F	-0.02%
IMOS	F	-0.01%
IQ	F	-0.01%
EH	F	-0.01%
RLX	C	-0.01%
IFS	B	-0.01%
CAR	C	-0.01%
ATHM	D	-0.01%
AKO.A	F	-0.01%
YY	C	-0.01%