Nuveen ESG Large-Cap Value ETF
ALTAR
Score™
7.5% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
16.7x P/Sales
ratio
1.4x
P/BV
ratio
2.0x Div.
yield
3.2%


  • 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) $203
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 156
Wgt avg mkt cap (mns) $92,750
Large cap (>$10bn) 93.4%
Mid cap ($2-10bn) 6.6%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
PROCTER & GAMBLE CO/THE 3.8 %
INTEL CORP 3.7 %
VERIZON COMMUNICATIONS INC 3.5 %
MERCK & CO. INC. 3.2 %
WALT DISNEY CO/THE 3.0 %
PEPSICO INC 2.9 %
COCA-COLA CO/THE 2.8 %
ABBVIE INC 2.6 %
BRISTOL-MYERS SQUIBB CO 2.5 %
CISCO SYSTEMS INC 2.4 %
Total 30.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 93.3 %
IRELAND 2.7 %
SWITZERLAND 1.8 %
BRITAIN 1.7 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-15.1% -0.4% -- -- 5.1%

Market Correlations
versus... Beta R-squared
S&P500 0.99 94%
MSCI EAFE 1.03 87%
MSCI Emg. Mkts. 0.76 73%

Technical Indicators
Recent close $28.22
30d moving avg. $26.57
Annualized volatility 17.3%
Short interest (ETF) 0.0%
Relative strength (RSI) 55

Liquidity measures
Avg. volume (thou.) 74
Turnover 1.0%
Bid/Ask (% of price) 0.08%
ADV underlying (mns) $45,034

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 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™: 7.5%


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 39.6 20 15 5.3 -2.2
RAFE PIMCO RAFI ESG U.S. ETF 37.3 29 6 7.7 +0.3
VYM Vanguard High Dividend Yield Index ETF 36.7 6 29 7.2 -0.2
SCHD Schwab U.S. Dividend Equity ETF 35.7 6 29 7.4 -0.1
MGV Vanguard Mega Cap Value ETF 34.9 7 28 7.2 -0.3
JKF iShares Morningstar Large Cap Value ETF 34.5 25 10 7.7 +0.2
VTV Vanguard Value Index Fund 33.4 4 31 7.3 -0.2
OUSA O'Shares FTSE US Quality Dividend ETF 32.5 48 -13 5.7 -1.8
SCHV Schwab U.S. Large-Cap Value ETF 32.1 4 31 7.1 -0.4
USDY Pacific Global US Equity Income ETF 31.5 29 6 7.7 +0.3
PWV Invesco Dynamic Large Cap Value ETF 30.2 55 -20 8.3 +0.8
IWX iShares Russell Top 200 Value ETF 30.0 20 15 7.0 -0.5
SUSA iShares MSCI USA ESG Select ETF 29.8 25 10 4.8 -2.6
SUSL iShares ESG MSCI USA Leaders ETF 29.6 10 25 5.4 -2.0
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 29.6 10 25 5.5 -2.0
DGRW WisdomTree U.S. Quality Dividend Growth Fund 29.3 28 7 6.6 -0.9
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 29.2 75 -40 6.1 -1.4
DSI iShares MSCI KLD 400 Social ETF 28.6 25 10 5.3 -2.2
REVS Columbia Research Enhanced Value ETF 28.3 19 16 7.6 +0.1
EDOW First Trust Dow 30 Equal Weight ETF 28.3 50 -15 5.8 -1.6
DGRO iShares Core Dividend Growth ETF 28.3 8 27 6.5 -0.9
SPYV SPDR Portfolio S&P 500 Value ETF 28.3 4 31 7.3 -0.1
IVE iShares S&P 500 Value ETF 28.3 18 17 7.2 -0.3
VOOV Vanguard S&P 500 Value ETF 27.9 15 20 7.2 -0.3
DJD Invesco Dow Jones Industrial Average Dividend ETF 27.8 7 28 6.7 -0.8
DLN WisdomTree U.S. LargeCap Dividend Fund 27.7 28 7 6.4 -1.1
IUSV iShares Core S&P U.S. Value ETF 26.8 4 31 7.4 -0.1
IWD iShares Russell 1000 Value ETF 25.8 19 16 7.1 -0.4
QDIV Global X S&P 500 Quality Dividend ETF 25.5 20 15 8.3 +0.9
VONV Vanguard Russell 1000 Value Index Fund 25.4 8 27 7.2 -0.3
DTD WisdomTree U.S.Total Dividend Fund 25.2 28 7 6.6 -0.9
SPDV AAM S&P 500 High Dividend Value ETF 25.1 29 6 10.8 +3.3
LVHD Legg Mason Low Volatility High Dividend ETF 25.0 27 8 8.6 +1.2
RNDV US Equity Dividend Select ETF 24.8 50 -15 7.8 +0.3
DURA VanEck Vectors Morningstar Durable Dividend ETF 24.5 29 6 7.0 -0.5
BVAL Brand Value ETF 24.5 65 -30 6.1 -1.4
DTN WisdomTree U.S. Dividend ex-Financials Fund 24.3 38 -3 7.9 +0.4
ESGU iShares MSCI USA ESG Optimized ETF 24.1 15 20 5.2 -2.3
HDV iShares Core High Dividend ETF 24.0 8 27 6.5 -0.9
DHS WisdomTree U.S. High Dividend Fund 23.9 38 -3 8.5 +1.0
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 23.8 35 0 8.4 +1.0
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 23.7 29 6 6.2 -1.3
ESG FlexShares STOXX US ESG Impact Index Fund 23.6 32 3 5.2 -2.3
DYNF BlackRock U.S. Equity Factor Rotation ETF 22.9 30 5 6.8 -0.7
DIVB iShares U.S. Dividend & Buyback ETF 22.8 25 10 6.5 -1.0
FNDX Schwab Fundamental U.S. Large Co. Index ETF 22.6 25 10 6.6 -0.9
YLDE ClearBridge Dividend Strategy ESG ETF 22.3 60 -25 5.0 -2.5
SPHQ Invesco S&P 500 Quality ETF 22.1 15 20 5.2 -2.3
QVM Arrow QVM Equity Factor ETF 22.1 65 -30 5.1 -2.4
IQSU IQ Candriam ESG US Equity ETF 22.0 9 26 5.3 -2.2
QUS SPDR MSCI USA StrategicFactors ETF 21.9 15 20 5.9 -1.6
ESGS Columbia Sustainable U.S. Equity Income ETF 21.8 35 0 9.0 +1.5
DIA SPDR Dow Jones Industrial Average ETF Trust 21.8 16 19 5.6 -1.8
FDRR Fidelity Dividend ETF for Rising Rates 21.7 29 6 7.1 -0.4
EQWL Invesco Russell Top 200 Equal Weight ETF 21.5 25 10 6.0 -1.4
SPVM Invesco S&P 500 Value with Momentum ETF 21.5 39 -4 9.3 +1.9
PRF Invesco FTSE RAFI US 1000 ETF 21.4 39 -4 6.8 -0.7
STLV iShares Factors US Value Style ETF 21.3 25 10 8.0 +0.5
FNDB Schwab Fundamental U.S. Broad Market Index ETF 21.2 25 10 6.6 -0.9
NACP Impact Shares NAACP Minority Empowerment ETF 21.0 75 -40 4.6 -2.8
QDF FlexShares Quality Dividend Index Fund 20.7 37 -2 6.9 -0.6
SNPE Xtrackers S&P 500 ESG ETF 20.6 11 24 5.2 -2.3
SPXT ProShares S&P 500 Ex-Technology ETF 20.5 27 8 5.7 -1.8
QUAL iShares MSCI Usa Quality Factor ETF 20.4 15 20 5.4 -2.0
PFM Invesco Dividend Achievers ETF 20.4 54 -19 5.4 -2.1
DVY iShares Select Dividend ETF 20.3 39 -4 8.1 +0.6
EPS WisdomTree U.S. Earnings 500 Fund 20.2 8 27 6.5 -1.0
JKD iShares Morningstar Large-Cap ETF 20.2 20 15 5.9 -1.6
VALQ American Century STOXX U.S. Quality Value ETF 20.1 29 6 8.9 +1.4
MXDU Nationwide Maximum Diversification US Core Equity ETF 20.1 34 1 5.2 -2.3
SPMV Invesco S&P 500 Minimum Variance ETF 20.0 10 25 5.8 -1.7
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 20.0 12 23 4.9 -2.6
QDEF FlexShares Quality Dividend Defensive Index Fund 19.8 37 -2 6.3 -1.2
FVD First Trust Value Line Dividend Index Fund 19.8 70 -35 6.2 -1.3
FVAL Fidelity Value Factor ETF 19.8 29 6 8.1 +0.7
FLQL Franklin LibertyQ U.S. Equity ETF 19.7 15 20 6.3 -1.2
USMV iShares Edge MSCI Min Vol USA ETF 19.7 15 20 5.7 -1.8
PBP Invesco S&P 500 BuyWrite ETF 19.6 49 -14 5.1 -2.4
CDC VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF 19.5 35 0 8.5 +1.0
FLLV Franklin Liberty U.S. Low Volatility ETF 19.4 29 6 5.7 -1.8
HLAL Wahed FTSE USA Shariah ETF 19.3 50 -15 4.7 -2.8
WOMN Impact Shares YWCA Women's Empowerment ETF 19.3 75 -40 4.6 -2.9
SPLV Invesco S&P 500 Low Volatility ETF 19.2 25 10 5.7 -1.8
KNG Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF 19.2 75 -40 5.8 -1.7
NOBL ProShares S&P 500 Dividend Aristocrats ETF 19.2 35 0 6.1 -1.3
HSPX Global X S&P 500 Covered Call ETF 19.2 65 -30 5.0 -2.5
RWL Invesco S&P 500 Revenue ETF 19.1 39 -4 6.8 -0.7
IUS Invesco Strategic US ETF 18.9 19 16 6.2 -1.3
JVAL JPMorgan U.S. Value Factor ETF 18.9 12 23 8.8 +1.3
VLUE iShares Edge MSCI USA Value Factor ETF 18.8 15 20 11.1 +3.6
RYF Invesco S&P 500 Equal Weight Financials ETF 18.8 40 -5 9.8 +2.3
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 18.6 20 15 5.5 -2.0
SDGA Impact Shares Sustainable Development Goals Global ETF 18.6 75 -40 5.5 -2.0
DEW WisdomTree Global High Dividend Fund 18.5 58 -23 9.2 +1.8
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 18.5 20 15 5.1 -2.4
VLU SPDR S&P 1500 Value Tilt ETF 18.5 12 23 7.4 -0.1
KRMA Global X Conscious Companies ETF 18.5 43 -8 5.3 -2.2
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 18.5 15 20 6.4 -1.1
MGC Vanguard Mega Cap Index Fund 18.4 7 28 5.3 -2.1
SPXE ProShares S&P 500 Ex-Energy ETF 18.4 27 8 5.4 -2.0

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 14.8 %
Divided by: Fwd. P/BV 1.9 x
Less: Expense ratio 35 bp
Equals: ALTAR Score 7.5 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.59 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.