NUMGNuveen ESG Mid-Cap Growth ETF
NUMG Fund Description
NUMG tracks an index composed of midcap US companies with growth characteristics that also meet certain environmental, social, and governance criteria.
NUMG Factset Analytics Insight
NUMG invests in companies within the MSCI USA Mid-Cap Growth Index that exhibit positive ESG characteristics. The growth aspect is determined by five metrics: long- and short-term forward EPS growth, current internal growth rate, long-term forward EPS, and long-term historical sales growth. Specifically, the fund ranks companies within the parent index according to their impact on climate change, natural resource use, waste and emission management, safety, ethics, and compliance with national and international rules and regulations, among other categories. Firms with significant activity involving weapons, gambling, alcohol, and tobacco are excluded. The top 50% of these ranked firms are selected for inclusion within the index. NUMG’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. NUVM is a sibling fund with focus on Value firms.
NUMG MSCI ESG Analytics Insight
Nuveen ESG Mid-Cap Growth ETF has an MSCI ESG Fund Rating of AA based on a score of 7.73 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 Mid-Cap Growth ETF ranks in the 88th percentile within its peer group and in the 99th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
NUMG 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.
NUMG Summary Data
NUMG Portfolio Data
NUMG Index Data
NUMG Portfolio Management
NUMG Tax Exposures
NUMG Fund Structure
NUMG Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of NUMG. NUMG is rated a 5 out of 5.
NUMG Sector/Industry Breakdown
NUMG Top 10 Holdings[View All]
NUMG Economic Development
NUMG Performance Statistics
NUMG MSCI ESG Ratings
NUMG Benchmark Comparison Summary
NUMG Benchmark Comparison Market Cap Size