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ETFs

Nuveen ESG Emerging Markets Equity ETF

NUEM
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Jun 7, 2017
Expense Ratio
0.36%
Type
Global Ex. US Equities
Fund Owner
Nuveen
Volume (1m avg. daily)
$1,096,353
AUM
$214,931,880
Associated Index
TIAA ESG Emerging Markets Equity Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

2330
Taiwan Semiconductor Manufacturing
7.24%
9988
Alibaba Group Holding Ltd
3.74%
939
China Construction Bank Corp. - Ordinary Shares - Class H
2.1%
9888
Baidu Inc
1.89%
2318
Ping AN Insurance (Group) Co. of China, Ltd. - Ordinary Shares - Class H
1.54%
1024
Kuaishou Technology - Ordinary Shares - Class B
1.51%
3968
China Merchants Bank - Ordinary Shares - Class H
1.48%
2308
Delta Electronic
1.48%
000660
SK Hynix Inc
1.39%
500114
Titan Co. Ltd
1.39%
Invest with NUEM
Trade NUEM Options

What is NUEM?

The Fund seeks to track the investment results, before fees and expenses, of the TIAA ESG Emerging 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 emerging markets that adhere to predetermined ESG, controversial business involvement and low-carbon criteria. The Index is rebalanced quarterly.

1M
3M
6M
YTD
1Y
3Y
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www.composer.trade

NUEM
Performance Measures**

for the time period Jun 8, 2017 to Dec 4, 2025

Returns

1M Trailing Return: -0.5%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 7.6%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -39.5%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 20.0%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.40

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.16

The annualized return divided by the max drawdown for the selected time period.

ETFs related toNUEM

ETFs correlated to NUEM include EDC, IEMG, ESGE

NUEM
Nuveen Fund Advisors LLC - Nuveen ESG Emerging Markets Equity ETF
EDC
Direxion Shares ETF Trust - Direxion Daily Emerging Markets Bull 3X Shares
IEMG
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Emerging Markets ETF
ESGE
iShares Trust - iShare Inc iShares ESG Aware MSCI EM ETF
EEM
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets ETF
DFAE
Dimensional ETF Trust - Dimensional Emerging Core Equity Market ETF
JEMA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan ActiveBuilders Emerging Markets Equity ETF
VWO
Vanguard Group, Inc. - Vanguard FTSE Emerging Markets ETF
AVEM
American Century ETF Trust - Avantis Emerging Markets Equity ETF
XSOE
WisdomTree Trust - WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
SPEM
SSgA Active Trust - SPDR Portfolio Emerging Markets 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.

FAQ

NUEM is a Global Ex. US Equities ETF. The Fund seeks to track the investment results, before fees and expenses, of the TIAA ESG Emerging 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 emerging markets that adhere to predetermined ESG, controversial business involvement and low-carbon criteria. The Index is rebalanced quarterly.

NUEM tracks the TIAA ESG Emerging Markets Equity Index.

No, NUEM 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, NUEM 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 NUEM is -0.0184%. This is the percent change in the value of NUEM over the most recent 1-month period. The 3-month return on NUEM is -0.0307%. This is the percent change in the value of NUEM over the most recent 3-month period.

The standard deviation of NUEM for the past year is 0.1978%. 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 NUEM include PBW, IGF, and ARKK.

ETFs correlated to NUEM include EDC, IEMG, and ESGE.

ETFs that are inversely correlated to NUEM include EDZ, YANG, and EFZ.

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.