Is FlexShares Morningstar Emerging Markets Factor Tilt ETF (TLTE) a Strong ETF Right Now?

Core Insights - The FlexShares Morningstar Emerging Markets Factor Tilt ETF (TLTE) is designed to provide broad exposure to the emerging markets segment, launched on September 25, 2012 [1] - TLTE aims to match the performance of the Morningstar Emerging Markets Factor Tilt Index, focusing on small-cap and value stocks [5][6] Fund Overview - TLTE has assets exceeding $276.46 million, categorizing it as an average-sized ETF within the Broad Emerging Market ETFs [5] - The ETF has an annual operating expense of 0.57% and a 12-month trailing dividend yield of 3.36% [7] Holdings and Sector Exposure - The top holding, Taiwan Semiconductor Manufacturing Co Ltd, constitutes approximately 4.47% of total assets, with the top 10 holdings representing about 16.11% of total assets [9] - TLTE provides diversified exposure, minimizing single stock risk, with daily disclosure of holdings [8] Performance Metrics - TLTE has gained about 18.32% year-to-date and approximately 17.45% over the past year, with a trading range between $46.89 and $60.69 in the last 52 weeks [11] - The fund has a beta of 0.64 and a standard deviation of 15.55% over the trailing three-year period, indicating medium risk [11] Alternatives in the Market - Other ETFs in the emerging markets space include Vanguard FTSE Emerging Markets ETF (VWO) and iShares Core MSCI Emerging Markets ETF (IEMG), with assets of $94.45 billion and $100.69 billion respectively [13] - VWO has a lower expense ratio of 0.07%, while IEMG charges 0.09% [13]