TLTE vs VXUS
Northern Trust Morningstar Emerging Markets Factor Tilt ETF vs Vanguard Total International Stock ETF
Which is better, TLTE or VXUS?
Large Cap Value against Large Cap Blend.
VXUS has a lower expense ratio. TLTE led over 1Y and 3Y, VXUS over 5Y and the full window. The two have moved almost in lockstep, correlation 0.91.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | TLTE | VXUS |
|---|---|---|
| Expense Ratio | 0.57% | 0.05%Best |
| AUM | $358M | $158.1B |
| Dividend Yield | 3.21% | 2.51% |
| Holdings | 3,106 | 8,747 |
| YTD Return | +19.04%Best | +13.64% |
| 1Y Return | +25.26%Best | +20.82% |
| 3Y Return (annualized) | +20.26%Best | +19.58% |
| 5Y Return (annualized) | +8.46% | +9.14%Best |
| Volatility (annualized) | 16.6% | 14.3%Best |
| Max Drawdown | -47.6% | -39.9%Best |
| $10,000 over 5 years | $15,009 | $15,485Best |
| Fund Family | Northern Trust Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Sep 25, 2012 | Jan 26, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 28, 2012 to Sep 17, 2026 (14 years).
TLTE vs VXUS growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 14 years both funds cover.
TLTE vs VXUS Performance
Northern Trust Morningstar Emerging Markets Factor Tilt ETF (TLTE) is an ETF from Northern Trust Asset Management and Vanguard Total International Stock ETF (VXUS) is an ETF from Vanguard (US). Over the past year TLTE returned +25.26% while VXUS returned +20.82%. Year to date, TLTE is up 19.04% versus a gain of 13.64% for VXUS.
Over three years, TLTE compounded at +20.26% per year against +19.58% for VXUS; over five years the annualized figures are +8.46% and +9.14% respectively. Across the full 14-year window we track, VXUS has the edge at +6.18% annualized vs +4.53%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TLTE has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 14.3% for VXUS. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -47.6% for TLTE and -39.9% for VXUS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
TLTE charges 0.57% per year while VXUS charges 0.05%. On a $10,000 position that is $57 vs $5 annually, a gap of $52 per year that compounds over a long holding period. On income, TLTE currently yields 3.21% against 2.51% for VXUS.
Holdings Overlap
We hold position weights for 2,869 holdings in TLTE and 8,082 in VXUS, totalling 92.2% and 88.8% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 1,974 positions appear in both.
1,974 positions in common, counted across the 2,869 positions we hold weights for in TLTE and 8,082 in VXUS, against full books of 3,106 and 8,747.
Top Shared Holdings
| Stock | Weight in TLTE | Weight in VXUS | Difference |
|---|---|---|---|
| 000660:KRSk Hynix Inc Common Stock KRW 5000 | 4.24% | 1.41% | 2.83% |
| 9988:HKAlibaba Group Holding Limited Ordinary Shares | 0.94% | 0.62% | 0.32% |
| 2454:TWMediaTek Inc ORD TWD10 | 0.68% | 0.35% | 0.33% |
| 2317:TWHon Hai Precision Industry Co | 0.59% | 0.21% | 0.38% |
| 601398:SHIndustrial & Commercial Bank Of China Ltd | 0.46% | 0.17% | 0.29% |
| 2308:TWDelta Electronics Inc | 0.40% | 0.21% | 0.19% |
| RELIANCE:MBReliance Industries Ltd | 0.36% | 0.21% | 0.15% |
| 402340:KRSk Square Co., Ltd. | 0.40% | 0.14% | 0.26% |
| HDBK:MBHdfc Bank Limited Common Stock Inr1.0 | 0.30% | 0.20% | 0.10% |
| 3988:HKBank Of China Ltd H Common Stock CNY1.0 | 0.37% | 0.11% | 0.26% |
You are not choosing between two funds in isolation.
Whichever of TLTE and VXUS you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, TLTE or VXUS?
TLTE has an expense ratio of 0.57% while VXUS charges 0.05%. VXUS is the cheaper option, by $52 a year on a $10,000 investment.
Which performed better, TLTE or VXUS?
Over the past year TLTE returned +25.26% vs +20.82% for VXUS, so TLTE leads on 1-year performance. Over the longest common window we track (14 years), TLTE annualized +4.53% vs +6.18% for VXUS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TLTE or VXUS?
TLTE has been the more volatile fund at 16.6% annualized versus 14.3% for VXUS. Worst drawdown: TLTE -47.6% vs VXUS -39.9%.
Should I hold both TLTE and VXUS?
TLTE and VXUS have a monthly-return correlation of 0.91, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, TLTE or VXUS?
TLTE yields 3.21% while VXUS yields 2.51%, so TLTE currently pays the higher dividend yield.
Is VXUS better than TLTE?
VXUS has a lower expense ratio. TLTE led over 1Y and 3Y, VXUS over 5Y and the full window. The two have moved almost in lockstep, correlation 0.91. Which one suits a particular account depends on what it is for. This is information, not a recommendation.