Summary
Northern Trust Morningstar Emerging Markets Factor Tilt ETF is an ETF - a fund traded on an exchange like a stock - run by FlexShares. Positions inside: 3,019. The ten largest make up 24% of the fund.
- Yearly costs
- 0.58%
- Fund size
- $329.6M
- Positions
- 3,019
- Dividend yield
- 4.29%
- Running since
- 2012
What speaks for it
- Widely spread: the ten largest positions make up only 24% of the fund.
- It has been running since 2012.
What to watch
- Costs of 0.58% a year are above the middle of comparable funds (0.43%).
- In the last five years its price once dropped by 37% from its high.
- It trades little: only about $475.9K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -5.6%
- 3 months
- -2.2%
- This year
- +12%
- 1 year
- +10%
- 3 years
- +54%
- 5 years
- +18%
- 10 years
- +51%
- Avg. market cap
- $750.1B
- P/E
- 8.4x
- Forward P/E
- 5.9x
- P/S
- 1.6x
- P/B
- 1.7x
- P/FCF
- 8.2x
- EV/EBITDA
- 7.4x
- Dividend yield
- 1.21%
- ROIC
- 22.3%
- ROE
- 36.9%
- Gross margin
- 51.9%
- Operating margin
- 41.0%
- Net margin
- 16.6%
- Payout ratio
- 10.2%
- Net debt/EBITDA
- 0.0x
- Beta
- 1.05
Weighted average of the 50 largest companies, which make up 31% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Widely spread- 1 23Taiwan Semiconductor Manufacturing Company Limited 2330.TW 6.8%
- 2 00Samsung Electronics Co., Ltd. 005930.KS 5.0%
- 3 00SK hynix Inc. 000660.KS 3.4%
- 4 MSCI EMGMKT EQUITY INDEX 18/DEC/2026 MESZ6 INDEX 1.9%
- 5 CASH 1.7%
- 6 NEW TAIWAN DOLLAR 1.4%
- 7 07Tencent Holdings Limited 0700.HK 1.1%
- 8 99Alibaba Group Holding Limited 9988.HK 0.9%
- 9 09China Construction Bank Corporation 0939.HK 0.8%
- 10 24MediaTek Inc. 2454.TW 0.7%
Positions in the fund: 3,019. The ten largest make up 24% of it.
Composition as of Oct 23, 2026.
Where is it spread?
Spread outBy sector
- Technology 30%
- Financials 21%
- Industrials 10%
- Consumer cyclical 10%
- Basic materials 7.2%
- Other 21%
By country
- Taiwan 25%
- South Korea 20%
- China 15%
- India 10%
- Other countries 30%
By company size
- Mega cap 27%
- Large cap 37%
- Mid cap 15%
- Small cap 21%
- Micro cap 0.04%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 74% of the fund.
Largest sector: Technology (30%). Largest country: Taiwan (25%). Largest size group: Large cap (37%).
What does it cost me?
Expensive- A year from $10,000
- $58.00
- Over 20 years
- $2,782
From every $10,000 invested the fund takes $58.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $2,782.
How has it done?
Growing slowly- A year on average, 10 years
- +4.2%
- Deepest drop
- -37%
- Yearly volatility
- 24%
Average yearly growth over the last ten years: 4.2%. Deepest drop in these years: 37% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 4.29%
- Payments a year
- 3
- Last payment
- $0.58
Over the last 12 months it paid $3.07 per share, which is 4.29% of today's price. The last payment was $0.58 on Sep 18, 2026.
Is it easy to buy and sell?
It trades little- Traded a day
- $475.9K
- Shares a day
- 6.6K
On an average day about $475.9K of the fund changes hands.
How expensive are the companies inside?
Rather cheap- P/E of the companies inside
- 8.4
- Average Bulios Score
- 76 out of 100
Weight by Bulios Fair Price
- Undervalued 30%
- Fairly valued 5.4%
- Overvalued 64%
On average the companies inside trade for 8.4 times their yearly profit. By Fair Price, 64% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 31% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
DB DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF | United States | 0.66% | $105.2M | +14% | Pays out | 52% |
XM XMME.DE Xtrackers MSCI Emerging Markets UCITS ETF 1C | Ireland | 0.18% | $14.0B | +19% | Reinvests | 52% |
SP SPYM.DE State Street SPDR MSCI Emerging Markets UCITS ETF | Ireland | 0.18% | $2.13B | +19% | Reinvests | 52% |
AE AEMD.DE Amundi Core MSCI Emerging Markets UCITS ETF EUR Dist | Luxembourg | 0.18% | $10.5B | +18% | Pays out | 52% |
AE AEME.PA Amundi Core MSCI Emerging Markets UCITS ETF Acc | Luxembourg | 0.18% | $10.5B | +20% | Reinvests | 52% |
GS GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF | United States | 0.45% | $126.6M | +12% | Pays out | 52% |