NUEMNuveen ESG Emerging Markets Equity ETF
NUEM Fund Description
NUEM tracks an index of large- and mid-cap emerging-market stocks that score highly on environmental, social, and governance (ESG) criteria. The index is optimized for market-like risk and return characteristics.
NUEM Factset Analytics Insight
NUEM aims to invest in the most socially responsible companies while still providing reasonably market-like exposure to emerging-market stocks. The index selects large- and mid-cap stocks from its parent index, MSCI Emerging Markets Index. From there, NUEM 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 ESG factors, and the highest scoring firms within each sector (the top 50% by market cap) are selected for inclusion in the fund. The portfolio is weighted according to an multi-factor optimization algorithm that tries to minimize any risk and return distortions created by the fund’s ESG screen. The index is rebalanced and reconstituted quarterly starting each February.
NUEM Summary Data
NUEM Portfolio Data
NUEM Index Data
NUEM Portfolio Management
NUEM Tax Exposures
NUEM Fund Structure
NUEM Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of NUEM. NUEM is rated a 2 out of 5.
NUEM Sector/Industry Breakdown
NUEM Top 10 Holdings[View All]
NUEM Economic Development
NUEM Performance Statistics
NUEM Benchmark Comparison Summary
NUEM Benchmark Comparison Market Cap Size