Country allocations include Japan 20.4%, U.K. 16.9%, Canada 10.9%, Australia 7.6%, France 6.7%, Germany 6.6%, Switzerland 6.3%, U.S. 4.6%, Sweden 2.9% and Hong Kong 2.6%.

TLTE holds stocks located in developing markets around the world. The fund has 1,056 holdings, with a market-cap breakdown of 47.9% in large-caps, 19.6% in mid-caps, 29.2% in small-caps and 3.4% in micro-caps. The ETF has a 0.65% expense ratio.

Sector allocations include financials 22.2%, info tech 13.8%, materials 12.9%, consumer discretionary 10.7%, energy 10.5%, industrials 9.9%, consumer staples 8.1%, telecom services 6.4%, utilities 3.5% and health care 1.8%.

Country allocations include S. Korea 15.9%, Taiwan 13.4%, Brazil 12.1%, South Africa 9.9%, Hong Kong 9.2%, China 8.7%, U.S. 7.4%, Mexico 5.0%, Malaysia 3.5% and Indonesia 3.1%.

The two new funds will join the FlexShares Morningstar U.S. Market Factor Tilt Index Fund (NYSEArca: TILT), which has gathered $126.1 million in assets since trading began on Sept. 16, 2011.

For more information on new fund products, visit our new ETFs category.

Max Chen contributed to this article.