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 MSCI ESG Analytics Insight
Nuveen ESG International Developed Markets Equity ETF has an MSCI ESG Fund Rating of AAA based on a score of 9.42 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
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. Nuveen ESG International Developed Markets Equity ETF ranks in the 98th percentile within its peer group and in the 99th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
NUDM MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
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 N/A out of 5.
NUDM Top 10 Holdings[View All]
NUDM Performance Statistics
NUDM MSCI ESG Ratings
NUDM Benchmark Comparison Summary
NUDM Benchmark Comparison Market Cap Size