NUDMNuveen ESG International Developed Markets Equity ETF
NUDM Fund Description
NUDM tracks an index of companies from developed countries, excluding the US and Canada, that align with various environmental, social, and governance principles.
NUDM Factset Analytics Insight
NUDM screens for firms with positive ESG aspects in the developed markets ex-NA space. Index construction starts with a selection universe from its base index — MSCI EAFE Index, which it trims down by applying a series of ESG screens. The screens attempt to capture different facets of ESG, such as compliance with international laws, relations with employees, and carbon emissions. The screens also exclude certain controversial businesses such as alcohol, tobacco, gambling, and weapons. The remaining firms are scored on ESG factors, and the top scoring firms within each sector (the top 50% by market cap) are selected for inclusion in the fund. NUDM’s portfolio is weighted by a multifactor optimizer that tries to minimize any risk and return distortions created by the fund’s ESG screen. The portfolio is rebalanced and reconstituted quarterly. NUEM is a sibling fund with an emerging markets exposure.
NUDM Summary Data
NUDM Portfolio Data
NUDM Index Data
NUDM Portfolio Management
NUDM Tax Exposures
NUDM Fund Structure
NUDM Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of NUDM. NUDM is rated a 5 out of 5.
NUDM Sector/Industry Breakdown
NUDM Top 10 Holdings[View All]
NUDM Economic Development
NUDM Performance Statistics
NUDM Benchmark Comparison Summary
NUDM Benchmark Comparison Market Cap Size