---
ticker: "TLTE"
name: "Northern Trust Morningstar Emerging Markets Factor Tilt ETF"
url: "https://etf.net/etf/TLTE"
grade: "D"
score: 32
graded_at: "2026-10-12"
category: "Emerging Markets Multifactor"
category_rank: "18 of 20"
methodology: "https://etf.net/methodology"
---

# TLTE: Northern Trust Morningstar Emerging Markets Factor Tilt ETF

Grade **D**, Score 32 of 100. Rank 18 of 20 in Emerging Markets Multifactor.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 18 | 16 of 20 |
| Mission | 100 | 1 of 3 |
| Risk | 47 | 11 of 19 |
| Tradability | 22 | 18 of 20 |
| Holdings | 54 | 13 of 20 |
| Durability | 65 | 7 of 20 |

## Top holdings

The fund holds 2945 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | 2330.TW | Taiwan Semiconductor Manufacturing Co Ltd Common | 6.99% |
| 2 | 005930.KS | Samsung Electronics Co Ltd Common Stock Krw 100 | 5.49% |
| 3 | 000660.KS | Sk Hynix Inc Common Stock Krw 5000 | 4.26% |
| 4 | — | Msci Emgmkt Equity Index 18/DEC/2026 MESZ6 Index | 1.85% |
| 5 | — | Cash | 1.64% |
| 6 | 0700.HK | Tencent Holdings Ltd Common Stock Hkd 0.00002 | 1.20% |
| 7 | 9988.HK | Alibaba Group Holding Ltd Common Stock Hkd | 0.95% |
| 8 | 2454.TW | Mediatek Inc Common Stock Twd 10 | 0.81% |
| 9 | 0939.HK | China Construction Bank Corp Common Stock Hkd 1 | 0.79% |
| 10 | 005935.KS | Samsung Electronics Co Ltd Preference Krw 100 | 0.71% |
| 11 | 2317.TW | Hon Hai Precision Industry Co Ltd Common Stock Twd | 0.59% |
| 12 | 1398.HK | Industrial & Commercial Bank of China Ltd Common | 0.47% |
| 13 | 2308.TW | Delta Electronics Inc Common Stock Twd 10 | 0.42% |
| 14 | 3988.HK | Bank of China Ltd Common Stock Hkd 1 | 0.41% |
| 15 | 402340.KS | Sk Square Co Ltd Common Stock Krw 500 | 0.39% |
| 16 | ITUB4.SA | Itau Unibanco Holding SA Preference Brl 0 | 0.34% |
| 17 | RELIANCE.BO | Reliance Industries Ltd Common Stock Inr 10 | 0.33% |
| 18 | PETR4.SA | Petroleo Brasileiro SA - Petrobras Preference Brl | 0.33% |
| 19 | 2881.TW | Fubon Financial Holding Co Ltd Common Stock Twd 10 | 0.32% |
| 20 | VALE3.SA | Vale SA Common Stock Brl 0 | 0.31% |
| 21 | 3711.TW | Ase Technology Holding Co Ltd | 0.30% |
| 22 | HDFCBANK.BO | Hdfc Bank Ltd Common Stock Inr 1 | 0.30% |
| 23 | 105560.KS | Kb Financial Group Inc Common Stock Krw 5000 | 0.28% |
| 24 | PETR3.SA | Petroleo Brasileiro SA - Petrobras Common Stock | 0.27% |
| 25 | 2891.TW | Ctbc Financial Holding Co Ltd Common Stock Twd 10 | 0.27% |
| 26 | ICICIBANK.BO | Icici Bank Ltd Common Stock Inr 2 | 0.27% |
| 27 | 6005.TW | Capital Securities Corp Common Stock Twd 10 | 0.26% |
| 28 | — | International Holding Co Pjsc Common Stock Aed 1 | 0.26% |
| 29 | 2318.HK | Ping An Insurance Group Co of China Ltd Common | 0.26% |
| 30 | REDINGTON.BO | Redington Ltd Common Stock Inr 2 | 0.26% |

Source: etf.net, https://etf.net/etf/TLTE. Please cite the page URL.