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ETFs

Nuveen ESG Emerging Markets Equity ETF

NUEM
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 07 2017
Expense Ratio
0.35%
Type
Global Ex. US Equities
Fund Owner
Nuveen
Volume (1m avg. daily)
$2,512,123
AUM
$216,325,000
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 MAN /TWD/
7.88%
9988
Alibaba Group Holding Ltd
3.53%
939
China Construction Bank Corp. - Ordinary Shares - Class H
2.28%
9888
Baidu Inc
1.99%
2308
DELTA ELECTRONICS INC /TWD/
1.59%
500696
Hindustan Unilever Ltd.
1.57%
SABIC
SAUDI BASIC INDUSTRIES C /SAR/
1.57%
532215
Axis Bank Ltd
1.56%
9999
NetEase Inc
1.50%
066570
LG Electronics Inc
1.47%
Invest with NUEM

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.

ETFs related toNUEM

ETFs correlated to NUEM include EDC, EEM, ESGE

NUEM
Nuveen Fund Advisors LLC - Nuveen ESG Emerging Markets Equity ETF
EDC
Direxion Shares ETF Trust - Direxion Daily Emerging Markets Bull 3X Shares
EEM
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets ETF
ESGE
iShares Trust - iShare Inc iShares ESG Aware MSCI EM ETF
IEMG
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Emerging Markets ETF
JEMA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan ActiveBuilders Emerging Markets Equity ETF
EEMX
SSgA Active Trust - SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF
XSOE
WisdomTree Trust - WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
DFAE
Dimensional ETF Trust - Dimensional Emerging Core Equity Market ETF
GEM
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta Emerging Markets Equity ETF
DEHP
Dimensional ETF Trust - Dimensional Emerging Markets High Profitability 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 toNUEM

#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 NUEM using Composer

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 -0.0317%. This is the percent change in the value of NUEM over the most recent 1-month period. The 3-month return on NUEM is 0.0277%. 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 0.2173%. 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 TAN, EFG, and PBW.

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

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

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.