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ETFs

Nuveen ESG International Developed Markets Equity ETF

NUDM
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 07 2017
Expense Ratio
0.30%
Type
Global Ex. US Equities
Fund Owner
Nuveen
Volume (1m avg. daily)
$1,309,587
AUM
$334,890,000
Associated Index
TIAA ESG International Developed Markets Equity Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

NESN
Nestle SA
3.36%
ASML
ASML HOLDING NV /EUR/
2.46%
SIE
SIEMENS AG-REG /EUR/
2.09%
6758
Sony Group Corporation
2.05%
NOVOB
NOVO NORDISK A/S-B
1.85%
GSK
GSK PLC /GBP/
1.72%
4568
Daiichi Sankyo Co., Ltd.
1.63%
CS
AXA SA /EUR/
1.62%
ABBN
ABB Ltd.
1.61%
BN
DANONE /EUR/
1.58%
Invest with NUDM

What is NUDM?

The Fund seeks to track the investment results, before fees and expenses, of the TIAA ESG International Developed Markets Equity Index (the Index ). The Fund employs a passive management (or indexing ) approach, investing all or substantially all of its assets in the securities represented in the Index in approximately the same proportions as the Index. The Index uses a rules-based methodology to arrive at a diversified portfolio of equity securities issued by companies located in countries with developed markets (excluding the U.S. and Canada) that adhere to predetermined ESG, controversial business involvement and low-carbon criteria. The Index is rebalanced quarterly.

ETFs related toNUDM

ETFs correlated to NUDM include EFA, BBIN, IEFA

NUDM
Nuveen Fund Advisors LLC - Nuveen ESG International Developed Markets Equity ETF
EFA
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE ETF
BBIN
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders International Equity ETF
IEFA
BlackRock Institutional Trust Company N.A. - iShares Core MSCI EAFE ETF
ESGD
iShares Trust - iShares Trust iShares ESG Aware MSCI EAFE ETF
EFAX
SSgA Active Trust - SPDR MSCI EAFE Fossil Fuel Reserves Free ETF
SCHF
Schwab Strategic Trust - Schwab International Equity ETF
IDEV
iShares Trust - iShares Core MSCI International Developed Markets ETF
AVSD
American Century ETF Trust - Avantis Responsible International Equity ETF
VEA
Vanguard Group, Inc. - Vanguard FTSE Developed Markets ETF
BKIE
BNY Mellon ETF Trust - BNY Mellon International Equity ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toNUDM

#TSMO

Treasury and Stock Momentum

Category

Momentum, Be Risk Aware

Risk Rating

Aggressive

#SWITCH

Asset Switching

Category

Momentum, Grow Your Portfolio

Risk Rating

Aggressive

Create your own algorithmic trading strategy with NUDM using Composer

FAQ

NUDM is a Global Ex. US Equities ETF. The Fund seeks to track the investment results, before fees and expenses, of the TIAA ESG International Developed Markets Equity Index (the Index ). The Fund employs a passive management (or indexing ) approach, investing all or substantially all of its assets in the securities represented in the Index in approximately the same proportions as the Index. The Index uses a rules-based methodology to arrive at a diversified portfolio of equity securities issued by companies located in countries with developed markets (excluding the U.S. and Canada) that adhere to predetermined ESG, controversial business involvement and low-carbon criteria. The Index is rebalanced quarterly.

NUDM tracks the TIAA ESG International Developed Markets Equity Index.

No, NUDM is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, NUDM is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on NUDM is -0.0242%. This is the percent change in the value of NUDM over the most recent 1-month period. The 3-month return on NUDM is 0.0392%. This is the percent change in the value of NUDM over the most recent 3-month period.

The standard deviation of NUDM for the past year is 0.2119%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to NUDM include ARKK, TAN, and EFG.

ETFs correlated to NUDM include EFA, BBIN, and IEFA.

ETFs that are inversely correlated to NUDM include EFZ, EPV, and SPDN.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.