Key stats
About Nuveen ESG Emerging Markets Equity ETF
Expense ratio
0.36%
Home page
Inception date
Jun 7, 2017
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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Electronic Technology
Stocks99.16%
Finance25.52%
Electronic Technology18.51%
Technology Services7.14%
Retail Trade6.53%
Consumer Durables4.82%
Consumer Non-Durables4.64%
Producer Manufacturing4.23%
Non-Energy Minerals4.00%
Communications3.80%
Utilities3.78%
Process Industries3.55%
Transportation3.01%
Energy Minerals2.54%
Health Technology2.19%
Consumer Services1.78%
Health Services1.04%
Commercial Services1.02%
Industrial Services0.56%
Distribution Services0.19%
Bonds, Cash & Other0.84%
UNIT1.14%
Corporate0.00%
Cash−0.30%
Stock breakdown by region
Asia78.64%
Middle East6.68%
Latin America5.57%
North America3.62%
Europe2.76%
Africa2.73%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history