NuShares ESG Mid-Cap Growth
ALTAR
Score™
4.4% info Recommen-
dation
UNDERWEIGHT
2019E    2020E
P/E
ratio
26.0x P/Sales
ratio
2.6x
P/BV
ratio
5.7x Div.
yield
0.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The NuShares ESG Mid-Cap Growth ETF tracks an index composed of mid-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) $54
Currency USD
Expense ratio 40 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 80
Wgt avg mkt cap (mns) $15,100
Large cap (>$10bn) 78.8%
Mid cap ($2-10bn) 21.2%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
CINTAS CORP 2.3 %
SBA COMMUNICATIONS CORP. CLASS A 2.3 %
RESMED INC 2.3 %
DOVER CORP 2.2 %
IDEXX LABORATORIES INC 2.2 %
CBRE GROUP INC 2.1 %
METTLER-TOLEDO INTERNATIONAL 2.1 %
KEYSIGHT TECHNOLOGIES INC 2.1 %
DOCUSIGN, INC. 2.1 %
COPART INC 2.1 %
Total 21.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.1 %
BRITAIN 2.0 %
IRELAND 0.4 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
27.1% 16.3% -- -- 13.2%

Market Correlations
versus... Beta R-squared
S&P500 1.17 89%
MSCI EAFE 1.08 63%
MSCI Emg. Mkts. 0.71 44%

Technical Indicators
Recent close $33.68
30d moving avg. $32.95
Annualized volatility 15.2%
Short interest (ETF) 0.0%
Relative strength (RSI) 57

Liquidity measures
Avg. volume (thou.) 7
Turnover 0.4%
Bid/Ask (% of price) 0.18%
ADV underlying (mns) $10,710

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the NuShares ESG Mid-Cap Growth ETF based on the alternatives' overlap in portfolio holdings with NUMG. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: NUMG Expense: 40 bp ALTAR Score™: 4.4%


ALTERNATIVE ETFs BASED ON OVERLAP WITH NUMG
Ticker Fund
Name
Overlap1
vs NUMG
(%)
Expense
ratio
(bp)
Savings
vs NUMG
(bp)
ALTAR
Score™
(%)
ALTAR
vs NUMG
(%)
VOT Vanguard Mid-Cap Growth 28.8 7 33 4.1 -0.3
JKH iShares Morningstar Mid Cap Growth 27.0 30 10 2.8 -1.6
IWP iShares Russell Midcap Growth 22.5 24 16 4.6 +0.2
MIDF iShares Edge MSCI Multifactor USA Mid-Cap ETF 22.1 25 15 7.6 +3.2
VO Vanguard Mid-Cap ETF 19.5 4 36 5.8 +1.4
FLQM Franklin LibertyQ U.S. Mid Cap Equity 17.5 30 10 6.8 +2.4
PSET Principal Price Setters 17.2 29 11 5.5 +1.1
JHMM John Hancock Multifactor Mid Cap 15.5 44 -4 5.9 +1.5
RPG Invesco S&P 500 Pure Growth ETF 15.5 35 5 4.5 +0.1
TTAC TrimTabs All Cap US Free-Cash-Flow 14.8 59 -19 4.9 +0.5
TPLC Timothy Plan US Large Cap Core 14.5 52 -12 5.5 +1.1
JKG iShares Morningstar MidCap Core 14.1 25 15 6.1 +1.7
FTC First Trust Large Cap Growth 14.0 61 -21 3.7 -0.7
QGRO American Century STOXX U.S. Quality Growth 13.6 29 11 4.8 +0.4
ETHO Etho Climate Leadership U.S. 13.6 45 -5 4.9 +0.5
RYH Invesco S&P Equal Weight Healthcare 13.6 40 0 7.3 +2.9
BUL Pacer US Cash Cows Growth 13.3 60 -20 5.3 +0.9
RYT Invesco S&P Equal Weight Technology 13.3 40 0 6.5 +2.1
RVRS Reverse Cap Weighted US Large Cap 13.1 29 11 7.8 +3.4
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation 13.1 60 -20 6.6 +2.2

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%.

Content on this tab for subscribers only**

RESULTS & ESTIMATES

  2014 2015 2016 2017 2018 2019E 2020E
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

Content on this tab for subscribers only

VALUATION METRICS
  2018 2019E 2020E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
NuShares ESG Mid-Cap Growth
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 23.1 %
Divided by: Fwd. P/BV 4.8 x
Less: Expense ratio 40 bp
Equals: ALTAR Score 4.4 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.64 CATEGORY
AVERAGE
1.55
 
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.