TLTEvsAVESETF Comparison
ETF 1
TLTE
Northern Trust Morningstar Emerging Markets Factor Tilt ETF
This fund is part of
EM Blended Cap
+0.55%
VS
Northern Trust Morningstar Emerging Markets Factor Tilt ETF (TLTE) and Avantis Emerging Markets Value ETF (AVES) belong to the same industry segment: EM Blended Cap. TLTE's top 3 sector exposures are Technology, Finance and Non-Energy Materials. In contrast, AVES's top sector exposures are Finance, Technology and Industrials. TLTE is more expensive with a Total Expense Ratio (TER) of 0.58%, versus 0.36% for AVES. TLTE is up 20.64% year-to-date (YTD) with +$7M in YTD flows. AVES performs worse with 16.45% YTD performance, and +$517M in YTD flows. Run a side-by-side ETF comparison of TLTE and AVES below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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TLTE vs AVES performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/03/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | TLTE AVES | +4.30%+6.42% | -3.10%-0.96% | +20.64%+16.45% | +31.63%+24.20% | +72.04%+69.57% | +46.54%n/a |
| Flows | TLTE AVES | -+$34M | -+$103M | +$7M+$517M | +$274K+$583M | -$12M+$938M | -$35M- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | TLTE AVES | +25.28%+22.39% | +20.66%+17.46% | +16.17%+14.93% | +15.82%n/a |
| Max drawdown | TLTE AVES | -11.76%-11.84% | -12.24%-12.53% | -16.53%-17.87% | -30.44%n/a |
| Max drawdown duration | TLTE AVES | 74d80d | 53d69d | 245d244d | 1114dn/a |
Trading data
TLTE | AVES | |
Last sale 9/4/2026 at 1:30 PM | $79.03 | $67.85 |
| Previous close 09/03/2026 | $77.98 | $67.30 |
| Consolidated volume 09/03/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
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AVES
is actively managed and doesn’t replicate an indexTLTE | AVES | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 9/4/2026 at 1:30 PM
Live
Closed
TLTE | AVES | |
|---|---|---|
| Last price | $79.03 | $67.85 |
| 1D performance | +1.35% | +0.82% |
| AuM | $355.50 M | $1.56 B |
| E/R | 0.58% | 0.36% |
Characteristics
TLTE | AVES | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | Northern Trust | American Century Investments |
| Benchmark | Morningstar Emerging Markets Factor Tilt Index | - |
| N° of holdings | 2769 | 1831 |
| Asset class | Equities | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 25, 2012 | September 30, 2021 |
| ESG | No | No |
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Exposure
Countries
TLTE
Taiwan
21.72%
Republic of Korea
20.24%
China
15.04%
India
9.87%
Other
33.13%
AVES
Taiwan
24.47%
Republic of Korea
20.36%
China
15.66%
India
12%
Other
27.51%
Sectors
TLTE
Technology
30.09%
Finance
23.93%
Non-Energy Materi.
8.03%
Industrials
7.96%
Other
30%
AVES
Finance
30.3%
Technology
17.78%
Industrials
12.83%
Non-Energy Materi.
10.04%
Consumer Cyclical.
7.62%
Consumer Non-Cycl.
7.22%
Other
14.21%
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Diversification
TLTE
Total weight of top 15 holdings out of 15
23.96%
AVES
Total weight of top 15 holdings out of 15
14.59%
Top 15 holdings
Data as of July 31, 2026
TLTE
Taiwan Semiconductor Manufacturing Co., Ltd.
6.74%
Samsung Electronics Co., Ltd.
5.49%
SK hynix, Inc.
4.35%
Tencent Holdings Ltd.
1.38%
Alibaba Group Holding Ltd.
1.00%
China Construction Bank Corp.
0.75%
Samsung Electronics Co., Ltd.
0.70%
MediaTek, Inc.
0.63%
Hon Hai Precision Industry Co., Ltd.
0.61%
Industrial & Commercial Bank of China Ltd.
0.47%
SK Square Co. Ltd.
0.40%
Reliance Industries Ltd.
0.38%
Bank of China Ltd.
0.36%
Delta Electronics, Inc.
0.36%
Vale SA
0.35%
AVES
ASE Technology Holding Co., Ltd.
1.45%
Hana Financial Group, Inc.
1.19%
Innolux Corp.
1.11%
Fubon Financial Holding Co., Ltd.
1.10%
Vale SA
1.04%
Geely Automobile Holdings Ltd.
1.02%
KB Financial Group, Inc.
0.95%
LG Electronics, Inc.
0.94%
Shinhan Financial Group Co., Ltd.
0.92%
Wistron Corp.
0.88%
Kia Corp.
0.85%
Woori Financial Group, Inc.
0.85%
Cathay Financial Holdings Co., Ltd.
0.84%
HD Korea Shipbuilding & Offshore Engineering Co., Ltd.
0.74%
United Microelectronics Corp.
0.70%
Frequently asked questions about TLTE and AVES
How have the TLTE and AVES ETFs performed in 2026?
As of September 3, 2026, TLTE is up 20.64% year-to-date (YTD), while AVES has returned 16.45%. That puts TLTE better performer ahead so far this year.
Which ETF is attracting more investor money: TLTE or AVES?
Year-to-date, the TLTE ETF saw +$7M in flows, compared to +$517M for AVES.
Which ETF is more volatile: TLTE or AVES?
Over the past year, TLTE had a volatility of 20.66%, while AVES experienced 17.46%.
Which ETF is bigger: TLTE or AVES?
As of September 3, 2026, TLTE holds $355.50 M in assets under management (AUM), while AVES manages $1.56 B.
What sectors do the TLTE and AVES ETFs invest in?
TLTE leans toward sectors like Technology, Finance and Non-Energy Materials. Meanwhile, AVES focuses on Finance, Technology and Industrials.
What are the top holdings of the TLTE ETF and AVES ETF?
TLTE top holdings include Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd. and SK hynix, Inc.. AVES holds in its top three: ASE Technology Holding Co., Ltd., Hana Financial Group, Inc. and Innolux Corp..
Which ETF is more diversified: TLTE or AVES?
TLTE holds 2891 securities with 23.96% of its assets in the top 15. AVES has 1853 securities and a top 15 weight of 14.59%.
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