Nuveen ESG Large-Cap Value ETF
ALTAR
Score™
6.0% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
19.2x P/Sales
ratio
1.8x
P/BV
ratio
2.6x Div.
yield
2.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The NuShares ESG Large-Cap Value ETF tracks an index of US large-cap value stocks that score highly on environmental, social, and governance criteria. The fund is optimized to keep risk and return characteristics in line with the large-cap value market.

FUND BASICS
Category US Equities
Fund Sponsor Nuveen
Website www.nuveen.com
Inception date Dec 13, 2016
Assets (mns) $709
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 152
Wgt avg mkt cap (mns) $104,097
Large cap (>$10bn) 97.0%
Mid cap ($2-10bn) 3.0%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
PROCTER & GAMBLE CO/THE 3.0 %
INTEL CORP 2.9 %
VERIZON COMMUNICATIONS INC 2.4 %
MERCK & CO. INC. 2.4 %
PEPSICO INC 2.3 %
HOME DEPOT INC 2.2 %
TEXAS INSTRUMENTS INC 2.2 %
COCA-COLA CO/THE 2.2 %
ABBVIE INC 2.1 %
MORGAN STANLEY 2.1 %
Total 23.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 94.9 %
IRELAND 2.6 %
SWITZERLAND 1.5 %
BRITAIN 0.7 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
1.9% 1.9% -- -- 9.2%

Market Correlations
versus... Beta R-squared
S&P500 0.97 93%
MSCI EAFE 0.94 87%
MSCI Emg. Mkts. 0.76 71%

Technical Indicators
Recent close $33.78
30d moving avg. $33.13
Annualized volatility 18.9%
Short interest (ETF) 0.0%
Relative strength (RSI) 56

Liquidity measures
Avg. volume (thou.) 106
Turnover 0.5%
Bid/Ask (% of price) 0.09%
ADV underlying (mns) $45,349

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 96 potential alternatives to the Nuveen ESG Large-Cap Value ETF ETF based on the alternatives' overlap in portfolio holdings with NULV. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: NULV Expense: 35 bp ALTAR Score™: 6.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH NULV
Ticker Fund
Name
Overlap1
vs NULV
(%)
Expense
ratio
(bp)
Savings
vs NULV
(bp)
ALTAR
Score™
(%)
ALTAR
vs NULV
(%)
NULC Nuveen ESG Large-Cap ETF 45.1 20 15 4.2 -1.8
MGV Vanguard Mega Cap Value ETF 37.1 7 28 6.4 +0.5
VYM Vanguard High Dividend Yield Index ETF 35.4 6 29 6.6 +0.6
RAFE PIMCO RAFI ESG U.S. ETF 33.8 30 5 6.6 +0.7
SUSA iShares MSCI USA ESG Select ETF 33.7 25 10 4.2 -1.8
JKF iShares Morningstar Large Cap Value ETF 33.5 25 10 6.6 +0.6
VOOV Vanguard S&P 500 Value ETF 33.5 10 25 6.6 +0.6
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 33.4 10 25 4.8 -1.2
SUSL iShares ESG MSCI USA Leaders ETF 33.4 10 25 4.8 -1.2
VTV Vanguard Value Index Fund 33.3 4 31 6.5 +0.5
DLN WisdomTree U.S. LargeCap Dividend Fund 30.9 28 7 6.1 +0.2
DGRO iShares Core Dividend Growth ETF 30.7 8 27 6.0 -0.0
DSI iShares MSCI KLD 400 Social ETF 30.0 25 10 4.5 -1.5
IWX iShares Russell Top 200 Value ETF 29.5 20 15 6.0 +0.0
DGRW WisdomTree U.S. Quality Dividend Growth Fund 29.2 28 7 6.0 +0.0
SPYV SPDR Portfolio S&P 500 Value ETF 29.0 4 31 6.4 +0.4
IVE iShares S&P 500 Value ETF 29.0 18 17 6.2 +0.2
OUSA O'Shares FTSE US Quality Dividend ETF 28.9 48 -13 5.5 -0.5
SCHV Schwab U.S. Large-Cap Value ETF 28.6 4 31 6.0 +0.0
DTD WisdomTree U.S.Total Dividend Fund 28.0 28 7 6.2 +0.2
IUSV iShares Core S&P U.S. Value ETF 27.4 4 31 6.4 +0.4
ESG FlexShares STOXX US ESG Impact Index Fund 26.8 32 3 4.4 -1.6
VONV Vanguard Russell 1000 Value Index Fund 26.3 8 27 6.1 +0.1
PFM Invesco Dividend Achievers ETF 26.2 53 -18 5.0 -1.0
SIXA 6 Meridian Mega Cap Equity ETF 26.1 82 -47 5.8 -0.2
EDOW First Trust Dow 30 Equal Weight ETF 25.9 50 -15 5.1 -0.9
FMK First Trust Mega Cap AlphaDEX Fund 25.9 70 -35 5.0 -1.0
FLLV Franklin Liberty U.S. Low Volatility ETF 25.7 29 6 4.9 -1.1
SPMV Invesco S&P 500 Minimum Variance ETF 25.5 10 25 5.4 -0.6
REVS Columbia Research Enhanced Value ETF 25.4 19 16 6.7 +0.7
DIVB iShares U.S. Dividend & Buyback ETF 25.3 25 10 5.9 -0.1
IWD iShares Russell 1000 Value ETF 25.2 19 16 6.0 +0.0
QUS SPDR MSCI USA StrategicFactors ETF 24.9 15 20 5.2 -0.8
QUAL iShares MSCI Usa Quality Factor ETF 24.9 15 20 5.0 -1.0
RNDV US Equity Dividend Select ETF 24.7 50 -15 7.3 +1.3
VIG Vanguard Dividend Appreciation Index Fund 24.6 6 29 5.0 -1.0
ESGU iShares MSCI USA ESG Optimized ETF 24.5 15 20 4.4 -1.6
ESGV Vanguard ESG U.S. Stock ETF 24.5 12 23 4.5 -1.5
NACP Impact Shares NAACP Minority Empowerment ETF 24.4 49 -14 4.7 -1.3
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 24.4 35 0 7.7 +1.7
CDC VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF 24.4 35 0 7.7 +1.7
KVLE KFA Value Liner Dynamic Core Equity Index ETF 24.3 56 -21 5.7 -0.3
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 24.2 75 -40 5.3 -0.7
EPS WisdomTree U.S. Earnings 500 Fund 24.1 8 27 5.9 -0.1
JCTR JPMorgan Carbon Transition U.S. Equity ETF 23.5 15 20 4.6 -1.4
DJD Invesco Dow Jones Industrial Average Dividend ETF 23.4 7 28 6.3 +0.3
FDRR Fidelity Dividend ETF for Rising Rates 23.4 29 6 6.0 -0.0
ESGS Columbia Sustainable U.S. Equity Income ETF 23.3 35 0 7.4 +1.4
USXF iShares ESG Advanced MSCI USA ETF 23.3 10 25 4.5 -1.5
YLDE ClearBridge Dividend Strategy ESG ETF 23.1 60 -25 4.4 -1.6
RWL Invesco S&P 500 Revenue ETF 22.9 39 -4 6.2 +0.3
IQSU IQ Candriam ESG US Equity ETF 22.8 9 26 4.5 -1.5
EQWL Invesco Russell Top 200 Equal Weight ETF 22.8 25 10 5.6 -0.4
SPQQ Siren Large Cap Blend Index ETF 22.6 20 15 4.2 -1.8
FNDX Schwab Fundamental U.S. Large Co. Index ETF 22.6 25 10 5.7 -0.3
VLUE iShares MSCI USA Value Factor ETF 22.5 15 20 9.6 +3.6
CHGX Change Finance U.S. Large Cap Fossil Fuel Free ETF 22.5 49 -14 4.2 -1.8
PWV Invesco Dynamic Large Cap Value ETF 22.4 56 -21 6.8 +0.8
HDV iShares Core High Dividend ETF 22.3 8 27 6.3 +0.3
GBLO Global Beta Low Beta ETF 22.3 29 6 7.3 +1.3
DTN WisdomTree U.S. Dividend ex-Financials Fund 22.3 38 -3 7.6 +1.6
USMV iShares Edge MSCI Min Vol USA ETF 22.2 15 20 5.3 -0.7
NOBL ProShares S&P 500 Dividend Aristocrats ETF 22.1 35 0 5.7 -0.3
KNG Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF 22.1 75 -40 5.3 -0.7
LVHD Legg Mason Low Volatility High Dividend ETF 21.8 27 8 7.7 +1.7
SNPE Xtrackers S&P 500 ESG ETF 21.8 10 25 4.6 -1.4
PRF Invesco FTSE RAFI US 1000 ETF 21.8 39 -4 5.8 -0.2
EFIV SPDR S&P 500 ESG ETF 21.8 10 25 4.6 -1.4
SPXT ProShares S&P 500 Ex-Technology ETF 21.7 27 8 4.8 -1.2
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 21.7 19 16 5.3 -0.7
SCHD Schwab U.S. Dividend Equity ETF 21.6 6 29 7.1 +1.1
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 21.6 15 20 5.8 -0.2
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 21.4 12 23 4.9 -1.1
FDLO Fidelity Low Volatility Factor ETF 21.3 29 6 4.9 -1.1
DSTL Distillate US Fundamental Stability & Value ETF 21.2 39 -4 5.6 -0.4
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 21.0 30 5 5.0 -1.0
XVV iShares ESG Screened S&P 500 ETF 21.0 8 27 4.9 -1.1
QDIV Global X S&P 500 Quality Dividend ETF 21.0 20 15 6.5 +0.5
FNDB Schwab Fundamental U.S. Broad Market Index ETF 20.8 25 10 5.7 -0.3
RNLC Large Cap US Equity Select ETF 20.8 60 -25 5.2 -0.8
IUS Invesco Strategic US ETF 20.8 19 16 5.4 -0.6
HLAL Wahed FTSE USA Shariah ETF 20.8 50 -15 3.8 -2.2
DURA VanEck Vectors Morningstar Durable Dividend ETF 20.8 29 6 8.1 +2.1
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 20.7 20 15 4.6 -1.4
JQUA JPMorgan U.S. Quality Factor ETF 20.7 12 23 5.0 -1.0
WOMN Impact Shares YWCA Women's Empowerment ETF 20.6 75 -40 3.5 -2.5
MGC Vanguard Mega Cap Index Fund 20.5 7 28 4.6 -1.4
DIA SPDR Dow Jones Industrial Average ETF Trust 20.5 16 19 4.9 -1.1
LSLT Salt Low truBeta US Market ETF 20.4 60 -25 5.8 -0.2
FLQL Franklin LibertyQ U.S. Equity ETF 20.3 15 20 5.9 -0.1
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 20.2 20 15 4.8 -1.2
PBP Invesco S&P 500 BuyWrite ETF 20.1 49 -14 4.3 -1.7
CLRG IQ Chaikin U.S. Large Cap ETF 20.0 25 10 5.0 -1.0
FTA First Trust Large Cap Value AlphaDEX Fund 20.0 60 -25 7.3 +1.3
XYLG Global X S&P 500 Covered Call & Growth ETF 19.9 60 -25 4.4 -1.6
FDVV Fidelity Core Dividend ETF 19.8 29 6 6.1 +0.1

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

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 15.3 %
Divided by: Fwd. P/BV 2.4 x
Less: Expense ratio 35 bp
Equals: ALTAR Score 6.0 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.57 CATEGORY
AVERAGE
1.49
 
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.