NUMV Nuveen ESG Mid-Cap Value ETF
What is NUMV?
NUMV tracks an index of US mid-cap value stocks that score highly on environmental, social, and governance (ESG) criteria. The fund weighting uses a multi-factor optimizer.
NUMV Factset Analytics Insight
NUMV aims to invest in the most socially responsible companies while still providing reasonably market-like exposure to mid-cap value stocks. The index takes its holdings from the MSCI USA Mid-Cap Value Index (the parent index), which selects value stocks according to price/book, forward price/earnings, and dividend yield. From there, NUMV 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 that aims to keep holdings and performance similar to the parent index. The index is rebalanced and reconstituted quarterly starting each February. Sibling fund NULV applies the same strategy to US large caps.
NUMV Summary Data
Peers
Fund Flows
NUMV Portfolio Data
NUMV Index Data
NUMV Portfolio Management
NUMV Tax Exposures
NUMV Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of NUMV. NUMV is rated a 5 out of 5.
NUMV Tradability
NUMV Sector/Industry Breakdown
Benchmark
NUMV Top 10 Holdings
NUMV Performance Statistics
NUMV Countries
Benchmark
NUMV Regions
Benchmark
NUMV Economic Development
Benchmark
NUMV Benchmark Comparison Summary
Benchmark
NUMV Benchmark Comparison Market Cap Size
Benchmark
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Terms of Use
MSCI ESG Research LLC’s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.