NULVNuShares ESG Large-Cap Value ETF
NULV Fund Description
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.
NULV Factset Analytics Insight
NULV aims to invest in the most socially responsible companies while still providing reasonably marketlike exposure to value stocks. The fund selects large-cap stocks from the MSCI USA Value Index, which itself selects value stocks according to price/book, forward price/earnings, and dividend yield. From there, NULV screens out companies involved in controversial businesses, such as alcohol, weapons, nuclear power, and gambling. Companies that exceed carbon emissions thresholds are also excluded. The remaining firms are scored on environmental, social, and governance factors, and the highest scoring firms within each sector (the top 50% by market cap) are selected for inclusion in the fund. NULV’s portfolio is weighted according to an optimization algorithm which tries to minimize any risk and return distortions created by the fund’s ESG screen. NULV looks pricey next to ultra-cheap vanilla funds, but its fee is reasonable for its specialized exposure.
NULV MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 18, 2018 the NuShares ESG Large-Cap Value ETF MSCI ESG Fund Quality Score is 6.34 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. NULV ranks in the 98th percentile within its peer group and in the 80th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
NULV CHARTS AND PERFORMANCE
NULV Top 10 Countries
NULV Top 10 Sectors
NULV Top 10 Holdings [View All]
NULV Portfolio Management
NULV Tax Exposures
NULV Fund Structure
NULV Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of NULV. NULV is rated a 5 out of 5.
NULV Sector/Industry Breakdown
NULV TOP 10 HOLDINGS[View All]
NULV Economic Development
NULV Performance Statistics
NULV MSCI ESG Ratings
NULV BENCHMARK COMPARISON SUMMARY
NULV BENCHMARK COMPARISON MARKET CAP SIZE