TLTD vs PMMF

Comparison between FLEXSHARES MORNINGSTAR DEVELOPED MARKETS EX-US FACTOR TILT INDEX FUND (TLTD, ETF) and iShares Prime Money Market ETF (PMMF, ETF).

TLTD vs PMMF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TLTD(ETF)	PMMF(ETF)
Net Assets	$647M	$646M
Expense Ratio	0.39%	0.20%
Max Drawdown	44.58%	0.46%
Sharpe Ratio	1.26	0.37
5Y Beta	0.71	-0.00
5Y Dividends CAGR	17.49%	N/A

Net Assets

Winner

TLTD

$647M

PMMF

$646M

Expense Ratio

TLTD

0.39%

Winner

PMMF

0.20%

Max Drawdown

TLTD

44.58%

Winner

PMMF

0.46%

Sharpe Ratio

Winner

TLTD

1.26

PMMF

0.37

5Y Beta

TLTD

0.71

Winner

PMMF

-0.00

5Y Dividends CAGR

TLTD

17.49%

PMMF

N/A

TLTD vs PMMF - Historical Returns

Returns include dividend reinvestment.

Period	TLTD	PMMF
1 month	-0.06%	+0.29%
3 months	+2.47%	+0.88%
6 months	+5.32%	+1.78%
1 year	+23.05%	+3.90%
5 years(CAGR)	+10.40%	N/A
10 years(CAGR)	+9.76%	N/A
Max(CAGR)	+8.24%	+4.04%

TLTD

-0.06%

Winner

PMMF

+0.29%

Winner

TLTD

+2.47%

PMMF

+0.88%

Winner

TLTD

+5.32%

PMMF

+1.78%

Winner

TLTD

+23.05%

PMMF

+3.90%

5Y(CAGR)

TLTD

+10.40%

PMMF

N/A

10Y(CAGR)

TLTD

+9.76%

PMMF

N/A

Max(CAGR)

Winner

TLTD

+8.24%

PMMF

+4.04%

TLTD vs PMMF - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	TLTD	PMMF
2026	+7.98%	+1.97%
2025	+39.87%	+3.84%
2024	+5.94%	N/A
2023	+16.61%	N/A
2022	-14.24%	N/A
2021	+12.78%	N/A
2020	+3.29%	N/A
2019	+21.55%	N/A
2018	-18.30%	N/A
2017	+25.61%	N/A
2016	+6.81%	N/A
2015	-1.07%	N/A
2014	-5.04%	N/A
2013	+19.26%	N/A
2012	+5.81%	N/A

TLTD vs PMMF Drawdown Comparison

The maximum drawdown for TLTD was -40.60%, occurring on Mar 23, 2020. Recovery took 741 trading sessions.

The maximum drawdown for PMMF was -0.13%, occurring on Apr 9, 2025. Recovery took 6 trading sessions.

The current TLTD drawdown is -1.98%. The current PMMF drawdown is -0.01%.

Rank	TLTD	PMMF
#1	-40.60% Jan 26, 2018 - Jan 6, 2021	-0.13% Apr 8, 2025 - Apr 16, 2025
#2	-28.93% Sep 3, 2021 - Mar 1, 2024	-0.12% Feb 18, 2025 - Feb 20, 2025
#3	-24.90% Jul 2, 2014 - Apr 25, 2017	-0.07% Apr 17, 2025 - Apr 24, 2025
#4	-13.10% Mar 19, 2025 - Apr 28, 2025	-0.05% Feb 21, 2025 - Feb 28, 2025
#5	-12.11% Feb 26, 2026 - Mar 20, 2026	-0.03% Apr 29, 2025 - May 5, 2025
#6	-10.13% May 21, 2013 - Aug 13, 2013	-0.02% Oct 14, 2025 - Oct 17, 2025
#7	-8.83% Sep 26, 2024 - Mar 5, 2025	-0.02% Nov 11, 2025 - Nov 13, 2025
#8	-7.25% Jul 16, 2024 - Aug 21, 2024	-0.02% Apr 24, 2025 - Apr 28, 2025
#9	-6.34% Jan 21, 2014 - Feb 24, 2014	-0.01% Jul 21, 2025 - Jul 24, 2025
#10	-6.16% Jun 14, 2021 - Sep 3, 2021	-0.01% Jun 27, 2025 - Jul 1, 2025
#11	-4.90% Oct 17, 2012 - Dec 4, 2012	-0.01% Jul 16, 2025 - Jul 18, 2025
#12	-4.76% Nov 12, 2025 - Nov 28, 2025	-0.01% Mar 4, 2025 - Mar 6, 2025
#13	-4.29% Mar 27, 2024 - May 9, 2024	-0.01% Jun 10, 2026 - Jun 12, 2026
#14	-4.09% Jan 8, 2021 - Feb 8, 2021	-0.01% Mar 17, 2025 - Mar 20, 2025
#15	-3.91% Aug 27, 2024 - Sep 19, 2024	-0.01% Jul 20, 2026 - Jul 21, 2026

Correlation

Correlation between TLTD and PMMF is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (2012 - 2026)

TLTD vs PMMF dividend yield comparison.

Year	TLTD	PMMF
2026	1.57%	1.89%
2025	3.44%	3.59%
2024	3.88%	0.00%
2023	3.39%	0.00%
2022	2.76%	0.00%
2021	3.44%	0.00%
2020	2.04%	0.00%
2019	3.46%	0.00%
2018	3.16%	0.00%
2017	2.71%	0.00%
2016	2.93%	0.00%
2015	2.56%	0.00%
2014	3.14%	0.00%
2013	1.14%	0.00%
2012	0.21%	0.00%