Flexshares Morningstar US Market Factors Tilt Index Fund
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- Description
- Performance
- Comps
Fundamentals
Valuation
Rating
FlexShares Morningstar US Market Factor Tilt Index Fund is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance of the Morningstar US Market Factor Tilt Index. |
Category | US Equities |
Fund Sponsor | Northern Trust Investments Inc |
Website | www.flexshares.com |
Inception date | Sep 16, 2011 |
Assets (mns) | $1,453 |
Currency | USD |
Expense ratio | 25 bp |
Distributions | Quarterly |
Regulation | Open-Ended Fund |
Custodian | JPMorgan Chase Bank |
Weighting | Proprietary |
Index replication | Optimized |
Uses derivatives | No |
Options available | No |
No. of constituents | 2102 |
Wgt avg mkt cap (mns) | $314,191 |
Large cap (>$10bn) | 69.1% |
Mid cap ($2-10bn) | 24.4% |
Small cap (<$2bn) | 6.1% |
Developed mkts | 99.9% |
Emerging mkts | 0.1% |
APPLE INC | 4.0 % |
MICROSOFT CORP | 3.1 % |
AMAZON.COM INC | 2.5 % |
1.2 % | |
TESLA MOTORS INC | 1.2 % |
ALPHABET INC. CLASS A | 1.0 % |
BERKSHIRE HATHAWAY INC-CL B | 1.0 % |
ALPHABET INC. CLASS C | 1.0 % |
JPMORGAN CHASE & CO | 0.9 % |
JOHNSON & JOHNSON | 0.8 % | Total | 16.8 % |
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UNITED STATES | 95.2 % |
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IRELAND | 1.2 % |
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BRITAIN | 0.9 % |
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BERMUDA | 0.5 % |
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SWITZERLAND | 0.3 % |
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ARGENTINA | 0.2 % |
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PUERTO RICO | 0.2 % |
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NETHERLANDS | 0.1 % |
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CANADA | 0.1 % |
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CAYMAN ISLANDS | 0.1 % |
HISTORICAL PERFORMANCE 

Custom date range | Compare to | ||
thru |
Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
16.0% | 16.0% | 13.5% | -- | 15.0% |
versus... | Beta | R-squared |
S&P500 | 1.14 | 97% |
MSCI EAFE | 1.09 | 87% |
MSCI Emg. Mkts. | 0.88 | 73% |
Recent close | $151.36 |
30d moving avg. | $145.98 |
Annualized volatility | 21.8% |
Short interest (ETF) | 0.0% |
Short interest (Underlying) | 3.7% |
Relative strength (RSI) | 65 |
Avg. volume (thou.) | 18 |
Turnover | 0.2% |
Bid/Ask (% of price) | 0.06% |
ADV underlying (mns) | $354,666 |
FINDING ALTERNATIVE FUNDS
Below is a list of 98 potential alternatives to the Flexshares Morningstar US Market Factors Tilt Index Fund ETF based on the alternatives' overlap in portfolio holdings with TILT. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.
Benchmark ticker: | TILT | Expense: | 25 bp | ALTAR Score™: | 4.9% |
Ticker | Fund Name |
Overlap1 vs TILT (%) |
Expense ratio (bp) |
Savings vs TILT (bp) |
ALTAR Score™ (%) |
ALTAR vs TILT (%) |
SCHB | Schwab U.S. Broad Market ETF | 78.0 | 3 | 22 | 4.5 | -0.4 |
ITOT | iShares Core S&P Total U.S. Stock Market ETF | 78.0 | 3 | 22 | 4.4 | -0.5 |
VTHR | Vanguard Russell 3000 Index Fund | 77.8 | 10 | 15 | 4.4 | -0.5 |
IWV | iShares Russell 3000 ETF | 77.4 | 20 | 5 | 4.3 | -0.6 |
VTI | Vanguard Total Stock Market Index Fund | 77.4 | 3 | 22 | 4.4 | -0.5 |
DFAU | Dimensional US Core Equity Market ETF | 73.4 | 12 | 13 | 4.7 | -0.2 |
IYY | iShares Dow Jones U.S. ETF | 73.2 | 20 | 5 | 4.4 | -0.5 |
SCHK | Schwab 1000 Index ETF | 72.4 | 5 | 20 | 4.6 | -0.3 |
IWB | iShares Russell 1000 ETF | 72.2 | 15 | 10 | 4.5 | -0.4 |
VONE | Vanguard Russell 1000 ETF | 71.8 | 8 | 17 | 4.6 | -0.3 |
SPTM | SPDR Portfolio Total Stock Market ETF | 71.0 | 3 | 22 | 4.8 | -0.1 |
SCHX | Schwab U.S. Large-Cap ETF | 69.9 | 3 | 22 | 4.6 | -0.3 |
AVUS | Avantis U.S. Equity ETF | 69.7 | 15 | 10 | 4.8 | -0.1 |
PBUS | Invesco PureBeta MSCI USA ETF | 67.8 | 4 | 21 | 4.6 | -0.3 |
ESGV | Vanguard ESG U.S. Stock ETF | 67.8 | 12 | 13 | 4.5 | -0.4 |
JHML | John Hancock Multifactor Large Cap ETF | 66.9 | 29 | -4 | 4.9 | -0.0 |
BBUS | JP Morgan Betabuilders U.S. Equity ETF | 66.8 | 2 | 23 | 4.6 | -0.3 |
VV | Vanguard Large-Cap Index Fund | 65.9 | 4 | 21 | 4.6 | -0.3 |
TOK | iShares MSCI Kokusai ETF | 65.2 | 25 | 0 | 4.9 | -0.0 |
GSUS | Goldman Sachs MarketBeta U.S. Equity ETF | 65.1 | 7 | 18 | 4.5 | -0.4 |
KOKU | Xtrackers MSCI Kokusai Equity ETF | 65.0 | 9 | 16 | 5.0 | +0.1 |
PBP | Invesco S&P 500 BuyWrite ETF | 63.6 | 49 | -24 | 4.3 | -0.6 |
SPLG | SPDR Portfolio Large Cap ETF | 63.6 | 3 | 22 | 4.7 | -0.2 |
SPY | SPDR S&P 500 ETF Trust | 63.6 | 9 | 16 | 4.7 | -0.2 |
IVV | iShares Core S&P 500 ETF | 63.6 | 3 | 22 | 4.7 | -0.1 |
XYLG | Global X S&P 500 Covered Call & Growth ETF | 63.6 | 60 | -35 | 4.4 | -0.5 |
VOO | VANGUARD S&P 500 ETF | 63.5 | 3 | 22 | 4.8 | -0.1 |
SFY | SoFi Select 500 ETF | 62.9 | 0 | 25 | 4.6 | -0.3 |
URTH | iShares MSCI World ETF | 62.8 | 24 | 1 | 5.0 | +0.1 |
FNDB | Schwab Fundamental U.S. Broad Market Index ETF | 62.6 | 25 | 0 | 5.7 | +0.8 |
PRF | Invesco FTSE RAFI US 1000 ETF | 62.4 | 39 | -14 | 5.8 | +0.9 |
SPXE | ProShares S&P 500 Ex-Energy ETF | 61.4 | 27 | -2 | 4.6 | -0.3 |
SPYX | SPDR S&P 500 Fossil Fuel Reserves Free ETF | 61.1 | 20 | 5 | 4.8 | -0.1 |
VLU | SPDR S&P 1500 Value Tilt ETF | 60.9 | 12 | 13 | 6.1 | +1.3 |
GSLC | Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF | 57.2 | 9 | 16 | 4.8 | -0.1 |
FNDX | Schwab Fundamental U.S. Large Co. Index ETF | 57.2 | 25 | 0 | 5.8 | +0.9 |
MMTM | SPDR S&P 1500 Momentum Tilt ETF | 56.9 | 12 | 13 | 4.0 | -0.9 |
ESGU | iShares MSCI USA ESG Optimized ETF | 56.7 | 15 | 10 | 4.4 | -0.5 |
ACWI | iShares MSCI ACWI ETF | 56.5 | 32 | -7 | 5.1 | +0.2 |
XVV | iShares ESG Screened S&P 500 ETF | 56.3 | 8 | 17 | 4.9 | -0.0 |
JUST | Goldman Sachs JUST U.S. Large Cap Equity ETF | 56.1 | 20 | 5 | 4.6 | -0.3 |
VT | Vanguard Total World Stock ETF | 55.6 | 8 | 17 | 5.4 | +0.5 |
MGC | Vanguard Mega Cap Index Fund | 54.6 | 7 | 18 | 4.6 | -0.3 |
SPXN | ProShares S&P 500 Ex-Financials ETF | 54.5 | 27 | -2 | 4.4 | -0.5 |
SPXV | ProShares S&P 500 Ex-Health Care ETF | 54.3 | 27 | -2 | 4.3 | -0.6 |
CRBN | iShares MSCI ACWI Low Carbon Target ETF | 54.0 | 20 | 5 | 5.3 | +0.4 |
LOWC | SPDR MSCI ACWI Low Carbon Target ETF | 53.7 | 20 | 5 | 5.3 | +0.4 |
EPS | WisdomTree U.S. Earnings 500 Fund | 53.6 | 8 | 17 | 5.9 | +1.0 |
CATH | Global X S&P 500 Catholic Values Custom ETF | 53.6 | 29 | -4 | 4.6 | -0.3 |
IUS | Invesco Strategic US ETF | 53.4 | 19 | 6 | 5.5 | +0.6 |
MFUS | PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | 52.9 | 30 | -5 | 5.0 | +0.2 |
BKLC | BNY Mellon US Large Cap Core Equity ETF | 52.9 | 0 | 25 | 4.5 | -0.4 |
DYNF | BlackRock U.S. Equity Factor Rotation ETF | 52.5 | 30 | -5 | 5.2 | +0.4 |
IWL | iShares Russell Top 200 ETF | 52.4 | 15 | 10 | 4.4 | -0.5 |
QUS | SPDR MSCI USA StrategicFactors ETF | 52.2 | 15 | 10 | 5.3 | +0.4 |
JCTR | JPMorgan Carbon Transition U.S. Equity ETF | 50.1 | 15 | 10 | 4.7 | -0.2 |
RWL | Invesco S&P 500 Revenue ETF | 49.9 | 39 | -14 | 6.2 | +1.4 |
DIVB | iShares U.S. Dividend & Buyback ETF | 48.7 | 25 | 0 | 5.9 | +1.0 |
IUSV | iShares Core S&P U.S. Value ETF | 48.0 | 4 | 21 | 6.4 | +1.6 |
IQSU | IQ Candriam ESG US Equity ETF | 46.9 | 9 | 16 | 4.5 | -0.4 |
SPXT | ProShares S&P 500 Ex-Technology ETF | 46.6 | 27 | -2 | 4.9 | -0.0 |
SNPE | Xtrackers S&P 500 ESG ETF | 46.2 | 10 | 15 | 4.6 | -0.3 |
EFIV | SPDR S&P 500 ESG ETF | 46.2 | 10 | 15 | 4.6 | -0.3 |
VONV | Vanguard Russell 1000 Value Index Fund | 46.1 | 8 | 17 | 6.1 | +1.3 |
DTD | WisdomTree U.S.Total Dividend Fund | 45.8 | 28 | -3 | 6.3 | +1.4 |
IWD | iShares Russell 1000 Value ETF | 45.7 | 19 | 6 | 6.0 | +1.2 |
ESG | FlexShares STOXX US ESG Impact Index Fund | 45.2 | 32 | -7 | 4.5 | -0.4 |
IUSG | iShares Core S&P US Growth ETF | 44.9 | 4 | 21 | 3.7 | -1.2 |
VOOV | Vanguard S&P 500 Value ETF | 43.4 | 10 | 15 | 6.6 | +1.7 |
SPGM | SPDR Portfolio MSCI Global Stock Market ETF | 43.3 | 9 | 16 | 5.1 | +0.2 |
SPYV | SPDR Portfolio S&P 500 Value ETF | 42.9 | 4 | 21 | 6.4 | +1.5 |
IVE | iShares S&P 500 Value ETF | 42.9 | 18 | 7 | 6.3 | +1.4 |
XOUT | GraniteShares XOUT U.S. Large Cap ETF | 42.6 | 60 | -35 | 3.6 | -1.3 |
OEF | iShares S&P 100 ETF | 42.1 | 20 | 5 | 4.2 | -0.7 |
QWLD | SPDR MSCI World StrategicFactors ETF | 42.0 | 30 | -5 | 5.4 | +0.5 |
RESP | WisdomTree US ESG Fund of Benef Interest | 41.6 | 28 | -3 | 5.1 | +0.2 |
EQAL | Invesco Russell 1000 Equal Weight ETF | 41.6 | 20 | 5 | 5.0 | +0.2 |
SPYG | SPDR Portfolio S&P 500 Growth ETF | 41.4 | 4 | 21 | 3.7 | -1.2 |
IVW | iShares S&P 500 Growth ETF | 41.4 | 18 | 7 | 3.5 | -1.4 |
VOOG | Vanguard S&P 500 Growth ETF | 41.3 | 10 | 15 | 3.9 | -1.0 |
IWF | iShares Russell 1000 Growth ETF | 41.3 | 19 | 6 | 3.4 | -1.5 |
TUSA | First Trust Total US Market AlphaDEX ETF | 41.1 | 70 | -45 | 4.8 | -0.1 |
VONG | Vanguard Russell 1000 Growth Index Fund | 41.1 | 8 | 17 | 3.5 | -1.3 |
EUSA | iShares MSCI USA Equal Weighted ETF | 40.6 | 15 | 10 | 5.1 | +0.2 |
GSEW | Goldman Sachs Equal Weight U.S. Large Cap Equity ETF | 40.4 | 9 | 16 | 5.0 | +0.1 |
RSP | Invesco S&P 500 Equal Weight ETF | 40.4 | 20 | 5 | 5.6 | +0.7 |
PLC | Principal U.S. Large-Cap Multi-Factor Core Index ETF | 40.4 | 15 | 10 | 5.8 | +0.9 |
AFLG | First Trust Active Factor Large Cap ETF | 39.7 | 55 | -30 | 4.7 | -0.2 |
SIZE | iShares MSCI USA Size Factor ETF | 39.6 | 15 | 10 | 5.1 | +0.2 |
SCHV | Schwab U.S. Large-Cap Value ETF | 39.4 | 4 | 21 | 6.1 | +1.2 |
DLN | WisdomTree U.S. LargeCap Dividend Fund | 39.4 | 28 | -3 | 6.2 | +1.3 |
ROUS | Hartford Multifactor US Equity ETF | 39.3 | 19 | 6 | 5.9 | +1.0 |
ESGG | FlexShares STOXX Global ESG Impact Index Fund | 38.9 | 42 | -17 | 4.6 | -0.3 |
KRMA | Global X Conscious Companies ETF | 38.2 | 43 | -18 | 4.8 | -0.0 |
HIPR | Direxion High Growth ETF | 37.5 | 40 | -15 | 3.8 | -1.1 |
DGRO | iShares Core Dividend Growth ETF | 37.4 | 8 | 17 | 6.0 | +1.1 |
VFVA | Vanguard U.S. Value Factor ETF | 37.2 | 14 | 11 | 8.4 | +3.5 |
RECS | Columbia Research Enhanced Core ETF | 36.9 | 15 | 10 | 5.1 | +0.2 |
1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.
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RESULTS & ESTIMATES
2015 | 2016 | 2017 | 2018 | 2019 | 2020E | 2021E | |
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Sales per share | ** | ** | ** | ** | ** | ** | ** |
Earnings per share | ** | ** | ** | ** | ** | ** | ** |
Dividends per share ![]() |
** | ** | ** | ** | ** | ** | ** |
Book value per share | ** | ** | ** | ** | ** | ** | ** |
Sales per share growth | **% | **% | **% | **% | **% | **% | |
EPS growth | **% | **% | **% | **% | **% | **% |
Sales per share growth | **% | **% | **% | **% | **% | **% | |
EPS growth | **% | **% | **% | **% | **% | **% |
OTHER FUNDAMENTAL METRICS
Long term EPS growth est. | **% | Debt-to-equity | **x | |
Asset turnover | **% | Assets-to-equity | **x |
*Six months ago = 100 |
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VALUATION METRICS
2019 | 2020E | 2021E | |
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Price-to-sales | ** | ** | ** |
Price-to-earnings | ** | ** | ** |
Price-to-cash flow | ** | ** | ** |
Price-to-growth | ** | ** | ** |
Price-to-book value | ** | ** | ** |
Yield | ** | ** | ** |
Historical valuation trends
Forward multiple: |
Flexshares Morningstar US Market Factors Tilt Index Fund | |||
Relative to: |
S&P500 | MSCI EAFE | MSCI Emg. Mkts. | Other ETF: |
NEUTRAL |
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds. |
ALTAR Score™
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MODERN PORTFOLIO THEORY
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CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
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