Nuveen ESG Large-Cap ETF
ALTAR
Score™
5.3% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
23.0x P/Sales
ratio
2.2x
P/BV
ratio
3.4x Div.
yield
1.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Nuveen ESG large-cap ETF tracks a multi-factor-weighted index of large-cap companies listed on US exchanges. Holdings are screened for environmental, social, and governance criteria.

FUND BASICS
Category US Equities
Fund Sponsor Nuveen
Website www.nuveen.com
Inception date Jun 03, 2019
Assets (mns) $14
Currency USD
Expense ratio 20 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Multi-Factor
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 202
Wgt avg mkt cap (mns) $223,488
Large cap (>$10bn) 96.5%
Mid cap ($2-10bn) 3.6%
Small cap (<$2bn) 0.0%
Developed mkts 98.9%
Emerging mkts 1.1%

TOP TEN HOLDINGS
MICROSOFT CORP 6.3 %
ALPHABET INC. CLASS C 2.6 %
NVIDIA CORP 2.4 %
VERIZON COMMUNICATIONS INC 2.0 %
THERMO FISHER SCIENTIFIC INC 1.9 %
PROCTER & GAMBLE CO/THE 1.9 %
PEPSICO INC 1.9 %
ALPHABET INC. CLASS A 1.9 %
AMERICAN TOWER CORP-CL A 1.8 %
WALT DISNEY CO/THE 1.8 %
Total 24.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 93.0 %
IRELAND 2.1 %
BRITAIN 2.0 %
SWITZERLAND 1.5 %
ARGENTINA 1.1 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru January 01)
Year-to-date 1 year 5 years 10 years Since Incep.
-- -- -- -- 0.0%

Market Correlations
versus... Beta R-squared
S&P500 -- --
MSCI EAFE -- --
MSCI Emg. Mkts. -- --

Technical Indicators
Recent close $28.94
30d moving avg. $27.05
Annualized volatility 0.0%
Short interest (ETF) 0.0%
Relative strength (RSI) 61

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.2%
Bid/Ask (% of price) 0.10%
ADV underlying (mns) $113,036

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the Nuveen ESG Large-Cap ETF ETF based on the alternatives' overlap in portfolio holdings with NULC. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: NULC Expense: 20 bp ALTAR Score™: 5.3%


ALTERNATIVE ETFs BASED ON OVERLAP WITH NULC
Ticker Fund
Name
Overlap1
vs NULC
(%)
Expense
ratio
(bp)
Savings
vs NULC
(bp)
ALTAR
Score™
(%)
ALTAR
vs NULC
(%)
DSI iShares MSCI KLD 400 Social ETF 52.2 25 -5 5.3 -0.0
SUSL iShares ESG MSCI USA Leaders ETF 51.9 10 10 5.4 +0.1
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 51.8 10 10 5.5 +0.2
NULG Nuveen ESG Large-Cap Growth ETF 46.2 35 -15 3.4 -1.9
IQSU IQ Candriam ESG US Equity ETF 45.4 9 11 5.3 -0.0
ESGU iShares MSCI USA ESG Optimized ETF 44.4 15 5 5.2 -0.1
SUSA iShares MSCI USA ESG Select ETF 41.5 25 -5 4.8 -0.5
SNPE Xtrackers S&P 500 ESG ETF 40.7 11 9 5.2 -0.1
IWY iShares Russell Top 200 Growth ETF 40.0 20 0 4.3 -1.0
NULV Nuveen ESG Large-Cap Value ETF 39.6 35 -15 7.5 +2.2
IWL iShares Russell Top 200 ETF 39.6 15 5 5.2 -0.1
MGC Vanguard Mega Cap Index Fund 39.0 7 13 5.3 +0.0
OEF iShares S&P 100 ETF 38.8 20 0 5.0 -0.3
PBP Invesco S&P 500 BuyWrite ETF 38.7 49 -29 5.1 -0.2
HSPX Global X S&P 500 Covered Call ETF 38.0 65 -45 5.0 -0.3
WOMN Impact Shares YWCA Women's Empowerment ETF 37.9 75 -55 4.6 -0.7
ESG FlexShares STOXX US ESG Impact Index Fund 37.6 32 -12 5.2 -0.1
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 37.4 20 0 5.1 -0.2
IWF iShares Russell 1000 Growth ETF 36.8 19 1 4.3 -1.0
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 36.8 49 -29 4.2 -1.1
VONG Vanguard Russell 1000 Growth Index Fund 36.8 8 12 4.4 -0.9
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 36.7 20 0 5.5 +0.2
SPXN ProShares S&P 500 Ex-Financials ETF 36.7 27 -7 5.1 -0.2
SPXE ProShares S&P 500 Ex-Energy ETF 36.6 27 -7 5.4 +0.1
XOUT GraniteShares XOUT U.S. Large Cap ETF 36.1 60 -40 4.5 -0.8
NACP Impact Shares NAACP Minority Empowerment ETF 36.1 75 -55 4.6 -0.7
ESGV Vanguard ESG U.S. Stock ETF 35.9 12 8 5.3 +0.0
SPLG SPDR Portfolio Large Cap ETF 35.9 3 17 5.5 +0.2
SPYG SPDR Portfolio S&P 500 Growth ETF 35.8 4 16 4.5 -0.8
CATH Global X S&P 500 Catholic Values Custom ETF 35.8 29 -9 5.3 +0.1
IVV iShares Core S&P 500 ETF 35.8 4 16 5.5 +0.2
SPY SPDR S&P 500 ETF Trust 35.8 9 11 5.5 +0.2
IVW iShares S&P 500 Growth ETF 35.8 18 2 4.3 -1.0
VOOG Vanguard S&P 500 Growth ETF 35.6 10 10 4.4 -0.9
VV Vanguard Large-Cap Index Fund 35.5 4 16 5.4 +0.1
PBUS Invesco PureBeta MSCI USA ETF 35.5 4 16 5.4 +0.1
VOO VANGUARD S&P 500 ETF 35.4 3 17 5.5 +0.2
BBUS JP Morgan Betabuilders U.S. Equity ETF 35.3 2 18 5.4 +0.1
RAFE PIMCO RAFI ESG U.S. ETF 35.1 29 -9 7.7 +2.4
IUSG iShares Core S&P US Growth ETF 34.8 4 16 4.5 -0.8
OMFL Oppenheimer Russell 1000 Dynamic Multifactor ETF 34.8 29 -9 4.3 -1.0
SPXV ProShares S&P 500 Ex-Health Care ETF 34.7 27 -7 5.2 -0.1
MMTM SPDR S&P 1500 Momentum Tilt ETF 34.6 12 8 5.1 -0.2
QUS SPDR MSCI USA StrategicFactors ETF 34.4 15 5 5.9 +0.6
SCHX Schwab U.S. Large-Cap ETF 34.4 3 17 5.4 +0.1
MGK Vanguard Mega Cap Growth ETF 33.8 7 13 4.3 -1.0
JQUA JPMorgan U.S. Quality Factor ETF 33.6 12 8 5.3 -0.0
FQAL Fidelity Quality Factor ETF 33.6 29 -9 5.5 +0.2
EQWL Invesco Russell Top 200 Equal Weight ETF 33.6 25 -5 6.0 +0.8
JKE iShares Morningstar Large-Cap Growth ETF 33.5 25 -5 3.5 -1.8
VEGN US Vegan Climate ETF 33.4 60 -40 5.3 0.0
SPTM SPDR Portfolio Total Stock Market ETF 33.3 3 17 5.6 +0.3
SCHK Schwab 1000 Index ETF 33.3 5 15 5.4 +0.1
RECS Columbia Research Enhanced Core ETF 33.3 15 5 5.7 +0.4
IWB iShares Russell 1000 ETF 33.2 15 5 5.3 0.0
SFY SoFi Select 500 ETF 33.2 0 20 5.4 +0.1
DLN WisdomTree U.S. LargeCap Dividend Fund 33.1 28 -8 6.4 +1.1
IYY iShares Dow Jones U.S. ETF 32.9 20 0 5.3 -0.0
VONE Vanguard Russell 1000 ETF 32.9 8 12 5.4 +0.1
VUG Vanguard Growth Index Fund 32.8 4 16 4.2 -1.1
XLG Invesco S&P 500 Top 50 ETF 32.3 20 0 4.7 -0.6
KRMA Global X Conscious Companies ETF 32.2 43 -23 5.3 0.0
QUAL iShares MSCI Usa Quality Factor ETF 32.0 15 5 5.4 +0.1
SCHB Schwab U.S. Broad Market ETF 31.7 3 17 5.4 +0.1
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 31.6 9 11 5.6 +0.3
ITOT iShares Core S&P Total U.S. Stock Market ETF 31.5 3 17 5.3 -0.0
VTI Vanguard Total Stock Market Index Fund 31.5 3 17 5.3 -0.0
SCHG Schwab U.S. Large-Cap Growth ETF 31.4 4 16 4.3 -1.0
ECOZ TrueMark ESG Active Opportunities ETF 31.4 58 -38 4.4 -0.9
IWV iShares Russell 3000 ETF 31.3 20 0 5.2 -0.1
VTHR Vanguard Russell 3000 Index Fund 31.0 10 10 5.3 -0.0
EPS WisdomTree U.S. Earnings 500 Fund 30.9 8 12 6.5 +1.2
SPXT ProShares S&P 500 Ex-Technology ETF 30.7 27 -7 5.7 +0.4
DTD WisdomTree U.S.Total Dividend Fund 30.5 28 -8 6.6 +1.3
DGRO iShares Core Dividend Growth ETF 30.5 8 12 6.5 +1.2
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 30.5 29 -9 6.2 +0.9
TMFC Motley Fool 100 Index ETF 30.3 50 -30 4.0 -1.3
DIVB iShares U.S. Dividend & Buyback ETF 30.3 25 -5 6.5 +1.2
MTUM iShares Edge MSCI USA Momentum Factor ETF 30.3 15 5 4.8 -0.5
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 30.3 19 1 5.7 +0.4
EXT WisdomTree U.S. Total Earnings Fund 30.1 28 -8 5.8 +0.5
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 29.8 12 8 4.9 -0.4
IUS Invesco Strategic US ETF 29.6 19 1 6.2 +0.9
DYNF BlackRock U.S. Equity Factor Rotation ETF 29.5 30 -10 6.8 +1.5
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 29.4 15 5 6.4 +1.1
DGRW WisdomTree U.S. Quality Dividend Growth Fund 29.3 28 -8 6.6 +1.3
PFM Invesco Dividend Achievers ETF 29.3 54 -34 5.4 +0.1
LRGE ClearBridge Large Cap Growth ESG ETF 29.2 60 -40 4.0 -1.3
FLLV Franklin Liberty U.S. Low Volatility ETF 29.1 29 -9 5.7 +0.4
CHGX Change Finance U.S. Large Cap Fossil Fuel Free ETF 28.9 49 -29 5.5 +0.2
FDLO Fidelity Low Volatility Factor ETF 28.9 29 -9 5.2 -0.1
FDMO Fidelity Momentum Factor ETF 28.6 29 -9 3.9 -1.4
FDRR Fidelity Dividend ETF for Rising Rates 28.6 29 -9 7.1 +1.8
RFDA RiverFront Dynamic US Dividend Advantage ETF 28.4 52 -32 6.0 +0.7
ACIO Aptus Collared Income Opportunity ETF 28.0 79 -59 4.5 -0.8
JHML John Hancock Multifactor Large Cap ETF 27.9 34 -14 5.6 +0.3
FNDX Schwab Fundamental U.S. Large Co. Index ETF 27.8 25 -5 6.6 +1.3
SCHV Schwab U.S. Large-Cap Value ETF 27.7 4 16 7.1 +1.8
QYLD Global X NASDAQ 100 Covered Call ETF 27.6 60 -40 3.7 -1.6
IGM iShares North American Tech ETF 27.5 46 -26 4.0 -1.3

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Nuveen ESG Large-Cap ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 17.5 %
Divided by: Fwd. P/BV 3.2 x
Less: Expense ratio 20 bp
Equals: ALTAR Score 5.3 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.48 CATEGORY
AVERAGE
1.53
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.