Key stats
About Nuveen ESG Large-Cap Value ETF
Expense ratio
0.26%
Home page
Inception date
Dec 13, 2016
NULV aims to invest in the most socially responsible firms while still providing reasonably market-like exposure to value stocks. The index selects large-cap stocks from the MSCI USA Value Index (the parent index), which itself selects value stocks according to price/book, forward price/earnings, and dividend yield. From there, NULV screens out companies involved in controversial businesses, such as alcohol, weapons, nuclear power, and gambling. Companies that exceed carbon emissions thresholds are also excluded. The remaining firms are scored on ESG factors, and the highest scoring firms within each sector (top 50% by market cap) are selected for inclusion in the index. The portfolio is weighted according to a multi-factor optimization algorithm, which tries to minimize any risk and return distortions created by the fund`s ESG screen. The index is rebalanced and reconstituted quarterly starting each February.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks99.92%
Finance24.80%
Health Technology9.12%
Technology Services8.68%
Consumer Non-Durables7.31%
Producer Manufacturing6.38%
Electronic Technology6.09%
Utilities5.13%
Retail Trade4.68%
Consumer Services4.44%
Process Industries4.13%
Distribution Services4.03%
Industrial Services4.02%
Health Services2.84%
Transportation2.53%
Communications2.03%
Commercial Services1.90%
Non-Energy Minerals0.90%
Consumer Durables0.68%
Energy Minerals0.25%
Bonds, Cash & Other0.08%
Cash0.08%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history