NULVNuveen ESG Large-Cap Value ETF
NULV Fund Description
NULV tracks an index of US large-cap value stocks that score highly on environmental, social, and governance (ESG) criteria. The fund is weighted using multi-factor optimizer.
NULV Factset Analytics Insight
NULV aims to invest in the most socially responsible firms while still providing reasonably market-like exposure to value stocks. The index selects large-cap stocks from the MSCI USA Value Index (the parent 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 ESG factors, and the highest scoring firms within each sector (top 50% by market cap) are selected for inclusion in the index. The portfolio is weighted according to a multi-factor optimization algorithm, which 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.
NULV MSCI ESG Analytics Insight
Nuveen ESG Large-Cap Value ETF has an MSCI ESG Fund Rating of AA based on a score of 7.86 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 Large-Cap Value ETF ranks in the 92nd percentile within its peer group and in the 99th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
NULV 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.
NULV Summary Data
NULV Portfolio Data
NULV Index Data
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 Economic Development
NULV Performance Statistics
NULV MSCI ESG Ratings
NULV Benchmark Comparison Summary
NULV Benchmark Comparison Market Cap Size