TLTD vs. VSGX ETF Comparison

Comparison of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) to Vanguard ESG International Stock ETF (VSGX)

TLTD

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

TLTD Description

The investment seeks investment results that correspond generally to the price and yield performance of the MorningstarÂ® Developed Markets ex-US Factor Tilt IndexSM. The fund generally will invest under normal circumstances at least 80% of 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 developed equities markets, excluding the U.S., with increased exposure to small-capitalization stocks and value stocks.

Grade (RS Rating)

Last Trade

$70.29

Average Daily Volume

6,402

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VSGX

Vanguard ESG International Stock ETF

VSGX Description

The investment seeks to track the performance of the FTSE Global All Cap ex US Choice Index. The fund invests by sampling the index, meaning that it holds a broadly diversified collection of securities that, in the aggregate, approximates the full index in terms of key characteristics. The index, which is market-capitalization weighted, is composed of large-, mid-, and small-cap stocks of companies in developed and emerging markets, excluding the United States, and is screened for certain environmental, social, and corporate governance (ESG) criteria by the index sponsor, which is independent of Vanguard.

Grade (RS Rating)

Last Trade

$58.22

Average Daily Volume

125,714

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TLTD	VSGX
30 Days	-4.55%	-4.53%
60 Days	-3.58%	-2.17%
90 Days	-0.22%	1.12%
12 Months	16.64%	18.33%

31 Overlapping Holdings

Symbol	Grade	Weight in TLTD	Weight in VSGX	Overlap
BCS	B	0.2%	0.18%	0.18%
CNI	F	0.17%	0.26%	0.17%
DOOO	F	0.12%	0.01%	0.01%
ELBM	D	0.01%	0.0%	0.0%
FLNG	D	0.01%	0.0%	0.0%
GOGL	D	0.01%	0.01%	0.01%
HMC	F	0.17%	0.2%	0.17%
LOGI	F	0.04%	0.06%	0.04%
LSPD	B	0.02%	0.01%	0.01%
LYG	D	0.17%	0.2%	0.17%
MBAVU	C	0.01%	0.02%	0.01%
MFG	B	0.22%	0.21%	0.21%
MNTX	C	0.01%	0.0%	0.0%
MUFG	A	0.39%	0.46%	0.39%
NMR	B	0.05%	0.06%	0.05%
NVS	F	0.58%	0.94%	0.58%
OTEX	D	0.03%	0.04%	0.03%
PRMW	C	0.04%	0.02%	0.02%
QGEN	F	0.03%	0.04%	0.03%
RBA	B	0.04%	0.06%	0.04%
RENB	D	0.0%	0.0%	0.0%
SHOP	B	0.3%	0.39%	0.3%
SMFG	B	0.27%	0.32%	0.27%
SONY	C	0.31%	0.47%	0.31%
STLA	F	0.11%	0.11%	0.11%
TD	D	0.39%	0.45%	0.39%
TM	D	0.82%	0.85%	0.82%
TRMD	F	0.0%	0.01%	0.0%
UL	D	0.41%	0.64%	0.41%
WCN	B	0.13%	0.18%	0.13%
WFG	D	0.02%	0.03%	0.02%

TLTD Overweight 16 Positions Relative to VSGX

Symbol	Grade	Weight
HSBH	D	0.66%
ABBV	D	0.25%
DEO	F	0.18%
E	F	0.13%
FLUT	B	0.11%
GOLD	F	0.09%
PDS	D	0.06%
BBUC	B	0.04%
CCEP	D	0.04%
AGCO	F	0.03%
TAC	C	0.03%
AEI	C	0.02%
ECO	F	0.02%
DNN	B	0.02%
ORLA	C	0.01%
TIGO	D	0.01%

TLTD Underweight 67 Positions Relative to VSGX

Symbol	Grade	Weight
BABA	D	-0.9%
HDB	C	-0.46%
PDD	F	-0.38%
IBN	C	-0.23%
TCOM	C	-0.13%
SW	C	-0.1%
UMC	F	-0.08%
SHG	D	-0.08%
KB	C	-0.08%
YUMC	B	-0.07%
LI	D	-0.06%
CHT	D	-0.06%
XRX	F	-0.06%
BEKE	C	-0.05%
BGNE	D	-0.05%
WIT	B	-0.04%
YMM	C	-0.03%
BILI	C	-0.03%
ASAI	F	-0.03%
XPEV	C	-0.03%
NIO	F	-0.03%
GGB	C	-0.02%
TAL	C	-0.02%
BCH	F	-0.02%
VIPS	F	-0.02%
BZ	F	-0.02%
ATAT	B	-0.01%
SQM	F	-0.01%
ATHM	D	-0.01%
HAFN	F	-0.01%
GDS	B	-0.01%
LPL	F	-0.01%
CAR	C	-0.01%
LIF	B	-0.01%
BRFS	C	-0.01%
FRO	F	-0.01%
JEWL	D	-0.0%
BAOS	F	-0.0%
GCBC	B	-0.0%
CALX	F	-0.0%
DAO	C	-0.0%
SLDB	F	-0.0%
VGR	B	-0.0%
DADA	D	-0.0%
CAN	C	-0.0%
AUDC	F	-0.0%
VMAR	F	-0.0%
IONR	C	-0.0%
AZUL	F	-0.0%
CHGX	A	-0.0%
GRIN	A	-0.0%
SOHU	D	-0.0%
DDL	C	-0.0%
SSBI	F	-0.0%
VNET	D	-0.0%
GOTU	F	-0.0%
EH	C	-0.0%
IMOS	F	-0.0%
CSIQ	F	-0.0%
CIB	D	-0.0%
DQ	C	-0.0%
FINV	C	-0.0%
PIXY	F	-0.0%
SPNS	F	-0.0%
JKS	D	-0.0%
YY	D	-0.0%
MOMO	C	-0.0%