Nuveen ESG Large-Cap Growth ETF
ALTAR
Score™
3.5% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
35.3x P/Sales
ratio
5.0x
P/BV
ratio
7.8x Div.
yield
0.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The NuShares ESG Large-Cap Growth ETF tracks an index composed of large-cap U.S. companies with growth characteristics that also meet certain environmental, social, and governance criteria.

FUND BASICS
Category US Equities
Fund Sponsor Nuveen
Website www.nuveen.com
Inception date Dec 13, 2016
Assets (mns) $311
Currency USD
Expense ratio 35 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 78
Wgt avg mkt cap (mns) $147,718
Large cap (>$10bn) 100.0%
Mid cap ($2-10bn) 0.0%
Small cap (<$2bn) 0.0%
Developed mkts 99.1%
Emerging mkts 0.9%

TOP TEN HOLDINGS
ALPHABET INC. CLASS A 4.1 %
ALPHABET INC. CLASS C 3.3 %
NVIDIA CORP 3.0 %
MASTERCARD INC-CLASS A 3.0 %
ADOBE SYSTEMS INC 2.7 %
TESLA MOTORS INC 2.7 %
PAYPAL HOLDINGS INC 2.6 %
THERMO FISHER SCIENTIFIC INC 2.3 %
SALESFORCE.COM INC 2.3 %
NIKE INC -CL B 2.0 %
Total 28.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 95.1 %
IRELAND 2.5 %
BRITAIN 1.5 %
ARGENTINA 0.8 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
10.7% 24.8% -- -- 20.5%

Market Correlations
versus... Beta R-squared
S&P500 1.04 91%
MSCI EAFE 0.99 72%
MSCI Emg. Mkts. 0.69 55%

Technical Indicators
Recent close $47.42
30d moving avg. $45.79
Annualized volatility 18.4%
Short interest (ETF) 0.0%
Relative strength (RSI) 58

Liquidity measures
Avg. volume (thou.) 101
Turnover 1.5%
Bid/Ask (% of price) 0.11%
ADV underlying (mns) $79,223

Distributions


FINDING ALTERNATIVE FUNDS

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

Benchmark ticker: NULG Expense: 35 bp ALTAR Score™: 3.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH NULG
Ticker Fund
Name
Overlap1
vs NULG
(%)
Expense
ratio
(bp)
Savings
vs NULG
(bp)
ALTAR
Score™
(%)
ALTAR
vs NULG
(%)
PWB Invesco Dynamic Large Cap Growth ETF 46.8 55 -20 3.3 -0.2
JKE iShares Morningstar Large-Cap Growth ETF 39.1 25 10 2.8 -0.7
NULC Nuveen ESG Large-Cap ETF 38.7 20 15 4.9 +1.4
CHGX Change Finance U.S. Large Cap Fossil Fuel Free ETF 31.9 49 -14 5.1 +1.6
MGK Vanguard Mega Cap Growth ETF 31.8 7 28 4.1 +0.5
RPG Invesco S&P 500 Pure Growth ETF 30.9 35 0 4.4 +0.8
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 30.6 10 25 5.2 +1.7
SUSL iShares ESG MSCI USA Leaders ETF 30.6 10 25 5.2 +1.7
VUG Vanguard Growth Index Fund 29.6 4 31 4.0 +0.4
MTUM iShares Edge MSCI USA Momentum Factor ETF 29.6 15 20 4.0 +0.5
DSI iShares MSCI KLD 400 Social ETF 29.3 25 10 5.1 +1.5
SUSA iShares MSCI USA ESG Select ETF 29.2 25 10 4.7 +1.2
ECOZ TrueMark ESG Active Opportunities ETF 28.9 58 -23 4.2 +0.7
QGRO American Century STOXX U.S. Quality Growth ETF 28.8 29 6 3.1 -0.4
IWY iShares Russell Top 200 Growth ETF 28.2 20 15 4.0 +0.5
FTC First Trust Large Cap Growth AlphaDEX Fund 28.2 61 -26 2.9 -0.6
IGM iShares Expanded Tech Sector ETF 27.3 46 -11 3.7 +0.2
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 27.3 59 -24 4.1 +0.6
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 27.3 35 0 4.4 +0.8
QYLD Global X NASDAQ 100 Covered Call ETF 27.2 60 -25 3.5 -0.1
NUSI Nationwide Risk-Managed Income ETF 26.8 68 -33 3.4 -0.1
SCHG Schwab U.S. Large-Cap Growth ETF 26.5 4 31 4.0 +0.5
VEGN US Vegan Climate ETF 26.4 60 -25 5.1 +1.6
IWF iShares Russell 1000 Growth ETF 26.3 19 16 4.1 +0.6
IETC iShares Evolved U.S. Technology ETF 26.2 18 17 3.8 +0.2
XNTK SPDR NYSE Technology ETF 26.0 35 0 3.5 +0.0
FQAL Fidelity Quality Factor ETF 25.9 29 6 5.4 +1.9
QQQ Invesco QQQ Trust 25.7 20 15 3.7 +0.2
FDMO Fidelity Momentum Factor ETF 25.7 29 6 3.8 +0.2
SPYG SPDR Portfolio S&P 500 Growth ETF 25.7 4 31 4.3 +0.7
IVW iShares S&P 500 Growth ETF 25.7 18 17 4.1 +0.6
VOOG Vanguard S&P 500 Growth ETF 25.6 10 25 4.2 +0.7
VONG Vanguard Russell 1000 Growth Index Fund 25.5 8 27 4.2 +0.7
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 25.0 49 -14 4.0 +0.5
JMOM JPMorgan U.S. Momentum Factor ETF 24.7 12 23 3.8 +0.3
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 24.7 75 -40 2.0 -1.5
IUSG iShares Core S&P US Growth ETF 24.6 4 31 4.3 +0.8
JQUA JPMorgan U.S. Quality Factor ETF 24.1 12 23 5.2 +1.7
PSET Principal Price Setters Index ETF 23.9 29 6 4.6 +1.1
IQSU IQ Candriam ESG US Equity ETF 23.4 9 26 5.0 +1.5
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 23.3 19 16 5.6 +2.0
TECB iShares US Tech Breakthrough Multisector ETF 23.1 40 -5 3.9 +0.4
TTAC TrimTabs All Cap U.S. Free-Cash-Flow ETF 23.1 59 -24 3.5 +0.0
CLRG IQ Chaikin U.S. Large Cap ETF 23.0 25 10 6.0 +2.5
QUAL iShares MSCI Usa Quality Factor ETF 23.0 15 20 5.4 +1.8
TMFC Motley Fool 100 Index ETF 22.9 50 -15 3.6 +0.1
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 22.7 60 -25 3.7 +0.2
GVIP Goldman Sachs Hedge Industry VIP ETF 22.5 45 -10 4.6 +1.1
IYW iShares U.S. Technology ETF 22.4 42 -7 3.9 +0.4
FFTY Innovator IBD 50 ETF 22.4 80 -45 3.4 -0.1
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 22.2 75 -40 3.7 +0.2
PDP Invesco DWA Momentum ETF 22.2 62 -27 2.7 -0.8
FTCS First Trust Capital Strength ETF 22.1 58 -23 4.8 +1.3
KRMA Global X Conscious Companies ETF 21.5 43 -8 5.1 +1.6
XOUT GraniteShares XOUT U.S. Large Cap ETF 21.4 60 -25 4.3 +0.8
IGV iShares North American Tech-Software ETF 21.3 46 -11 2.5 -1.1
THNQ ROBO Global Artificial Intelligence ETF 21.2 68 -33 1.9 -1.7
FVL First Trust Value Line 100 Exchange-Traded Fund 21.0 70 -35 5.1 +1.6
XLK Technology Select Sector SPDR Fund 20.9 13 22 4.7 +1.2
FMK First Trust Mega Cap AlphaDEX Fund 20.8 70 -35 5.1 +1.6
ESGU iShares MSCI USA ESG Optimized ETF 20.7 15 20 5.0 +1.5
FDLO Fidelity Low Volatility Factor ETF 20.6 29 6 5.1 +1.6
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 20.6 57 -22 4.8 +1.3
JKH iShares Morningstar Mid-Cap Growth ETF 20.5 30 5 2.3 -1.3
RYT Invesco S&P 500 Equal Weight Technology ETF 20.4 40 -5 6.7 +3.2
HLAL Wahed FTSE USA Shariah ETF 20.3 50 -15 4.5 +1.0
ADME Aptus Drawdown Managed Equity ETF 20.3 81 -46 3.5 +0.0
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 20.3 9 26 5.5 +2.0
FTEC Fidelity MSCI Information Technology Index ETF 20.2 8 27 4.5 +1.0
WOMN Impact Shares YWCA Women's Empowerment ETF 20.1 75 -40 4.4 +0.9
VGT Vanguard Information Technology Index Fund 20.1 10 25 4.5 +1.0
FLQL Franklin LibertyQ U.S. Equity ETF 20.0 15 20 6.2 +2.7
IWL iShares Russell Top 200 ETF 19.9 15 20 5.0 +1.4
PEXL Pacer US Export Leaders ETF 19.7 60 -25 5.9 +2.4
SPMO Invesco S&P 500 Momentum ETF 19.7 13 22 4.3 +0.8
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 19.5 25 10 5.9 +2.4
SPLV Invesco S&P 500 Low Volatility ETF 19.5 25 10 5.6 +2.1
BKLC BNY Mellon US Large Cap Core Equity ETF 19.5 0 35 5.1 +1.6
FDG American Century Focused Dynamic Growth ETF 19.5 45 -10 1.7 -1.8
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 19.3 21 14 2.9 -0.7
ESG FlexShares STOXX US ESG Impact Index Fund 19.2 32 3 5.0 +1.5
SPXN ProShares S&P 500 Ex-Financials ETF 19.2 27 8 4.9 +1.4
CACG ClearBridge All Cap Growth ETF 19.2 54 -19 4.3 +0.8
SYG SPDR MFS Systematic Growth Equity ETF 19.0 60 -25 4.2 +0.7
MGC Vanguard Mega Cap Index Fund 19.0 7 28 5.2 +1.6
MMTM SPDR S&P 1500 Momentum Tilt ETF 19.0 12 23 4.8 +1.3
ESGV Vanguard ESG U.S. Stock ETF 19.0 12 23 5.1 +1.6
HIPR Direxion High Growth ETF 19.0 40 -5 2.8 -0.8
SPGP Invesco S&P 500 GARP ETF 18.9 35 0 7.2 +3.6
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 18.9 20 15 4.9 +1.4
EXT WisdomTree U.S. Total Earnings Fund 18.7 28 7 5.2 +1.7
SFY SoFi Select 500 ETF 18.7 0 35 5.2 +1.6
AIEQ AI Powered Equity ETF 18.6 87 -52 3.6 +0.1
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 18.5 7 28 5.1 +1.6
LRGE ClearBridge Large Cap Growth ESG ETF 18.5 59 -24 3.8 +0.2
VFMO Vanguard U.S. Momentum Factor ETF 18.5 13 22 1.1 -2.4
SNPE Xtrackers S&P 500 ESG ETF 18.5 11 24 5.0 +1.5
HUSV First Trust Horizon Managed Volatility Domestic ETF 18.5 70 -35 4.7 +1.2
BBUS JP Morgan Betabuilders U.S. Equity ETF 18.4 2 33 5.2 +1.7
PBUS Invesco PureBeta MSCI USA ETF 18.3 4 31 5.2 +1.7

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 Growth ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 26.9 %
Divided by: Fwd. P/BV 6.9 x
Less: Expense ratio 35 bp
Equals: ALTAR Score 3.5 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.46 CATEGORY
AVERAGE
1.52
 
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.