The U.K., France, Germany, Switzerland, Sweden, Spain and the Netherlands combine for 52% of TLTD’s weight. Only one stock, Nestle, commands a weight of more than 1% in the fund.
TLTD’s underlying index, the Morningstar Developed Markets ex-US Factor Tilt Index, has outperformed the MSCI World ex-USA IMI Index by 130 basis since inception in September 2012.
FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund
ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of EFA.