FLAX vs. TLTE ETF Comparison
Comparison of Franklin FTSE Asia ex Japan ETF (FLAX) to FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (TLTE)
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
$22.82
Average Daily Volume
1,842
35
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
$53.89
Average Daily Volume
5,731
55
Performance
| Period | FLAX | TLTE |
|---|---|---|
| 30 Days | -1.80% | -1.41% |
| 60 Days | 0.16% | 0.80% |
| 90 Days | -0.33% | 0.87% |
| 12 Months | 12.85% | 12.83% |
33 Overlapping Holdings
| Symbol | Grade | Weight in FLAX | Weight in TLTE | Overlap | |
|---|---|---|---|---|---|
| ATHM | C | 0.02% | 0.01% | 0.01% | |
| BABA | C | 2.39% | 1.9% | 1.9% | |
| BEKE | F | 0.13% | 0.06% | 0.06% | |
| BEKE | F | 0.13% | 0.02% | 0.02% | |
| BGNE | C | 0.13% | 0.08% | 0.08% | |
| BIDU | F | 0.31% | 0.25% | 0.25% | |
| BILI | D | 0.06% | 0.02% | 0.02% | |
| CHT | A | 0.2% | 0.11% | 0.11% | |
| DQ | D | 0.01% | 0.09% | 0.01% | |
| GDS | C | 0.02% | 0.01% | 0.01% | |
| HDB | C | 1.55% | 0.82% | 0.82% | |
| IBN | A | 0.65% | 0.56% | 0.56% | |
| IQ | F | 0.01% | 0.01% | 0.01% | |
| KB | D | 0.29% | 0.25% | 0.25% | |
| KEP | C | 0.06% | 0.04% | 0.04% | |
| LI | D | 0.14% | 0.07% | 0.07% | |
| LPL | F | 0.03% | 0.02% | 0.02% | |
| NIO | D | 0.09% | 0.05% | 0.05% | |
| PDD | F | 0.92% | 0.46% | 0.46% | |
| RLX | F | 0.02% | 0.01% | 0.01% | |
| SHG | C | 0.29% | 0.21% | 0.21% | |
| TAL | F | 0.04% | 0.02% | 0.02% | |
| TCOM | C | 0.35% | 0.19% | 0.19% | |
| TME | F | 0.09% | 0.03% | 0.03% | |
| TME | F | 0.09% | 0.02% | 0.02% | |
| UMC | C | 0.28% | 0.22% | 0.22% | |
| VIPS | F | 0.06% | 0.05% | 0.05% | |
| WB | F | 0.01% | 0.08% | 0.01% | |
| WIT | C | 0.12% | 0.07% | 0.07% | |
| XPEV | D | 0.07% | 0.03% | 0.03% | |
| YMM | D | 0.07% | 0.04% | 0.04% | |
| YUMC | D | 0.19% | 0.09% | 0.09% | |
| YY | C | 0.01% | 0.01% | 0.01% |
FLAX Underweight 22 Positions Relative to TLTE
| Symbol | Grade | Weight | |
|---|---|---|---|
| VALE | D | -0.39% | |
| SGRP | C | -0.16% | |
| BAP | A | -0.12% | |
| MOMO | D | -0.11% | |
| FINV | C | -0.1% | |
| ABEV | C | -0.07% | |
| BCH | C | -0.06% | |
| ASAI | F | -0.06% | |
| GGB | C | -0.05% | |
| ERJ | C | -0.05% | |
| VIST | D | -0.04% | |
| SKM | A | -0.04% | |
| SBSW | F | -0.03% | |
| CSAN | F | -0.03% | |
| BRFS | C | -0.03% | |
| MNSO | F | -0.02% | |
| EH | F | -0.01% | |
| IMOS | D | -0.01% | |
| IFS | C | -0.01% | |
| CAR | F | -0.01% | |
| AKO.A | C | -0.01% | |
| ATAT | A | -0.01% |
FLAX: Top Represented Industries & Keywords
TLTE: Top Represented Industries & Keywords
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