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ETFs

Nuveen ESG High Yield Corporate Bond ETF

NUHY
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 25 2019
Expense Ratio
0.30%
Type
US Bonds
Fund Owner
Nuveen
Volume (1m avg. daily)
$245,182
AUM
$101,319,957
Associated Index
Bloomberg MSCI U.S. High Yield Very Liquid ESG Select Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

I5368419
INTELSAT JACKSON 6.5% 03/15/30
1.41%
ADT4937938
PRIME SECSRVC B 6.25% 01/15/28
1.23%
CTL5565344
LEVEL 3 FINANCI 10.5% 05/15/30
1.13%
SEM4866193
SELECT MEDICAL 6.25% 08/15/26
1.10%
RMK4979373
ARAMARK SERVIC 6.375% 05/01/25
1.08%
VOD5335697
VZ SECURED FINANCING BV
1.03%
n/a
WEATHERFORD IN 8.625% 04/30/30
0.99%
n/a
Herc Holdings 5.5 % Notes 2019-15.07.27 -144A-
0.95%
UBRT4987772
UBER TECHNOLOGIE 7.5% 05/15/25
0.90%
GTLS5512829
CHART INDUSTRIES 9.5% 01/01/31
0.83%
Invest with NUHY

What is NUHY?

The fund employs a passive management (or indexing ) approach, investing in a diversified portfolio of U.S. dollar-denominated, high yield, fixed-rate corporate bonds that satisfy certain environmental, social and governance ( ESG ) criteria. The fund seeks to track the investment results, before fees and expenses, of the Bloomberg MSCI U.S. High Yield Very Liquid ESG Select Index. The Bloomberg MSCI U.S. High Yield Very Liquid ESG Select Index (the Index ) utilizes certain environmental, social, and governance ( ESG ) criteria to select from the securities included in the Bloomberg U.S. High Yield Very Liquid Index (the Base Index ), which is designed to broadly capture the U.S. dollar-denominated, high yield, fixed-rate corporate bond market. The Index draws from the universe defined by the Base Index, which is comprised of U.S. dollar-denominated below investment grade corporate bonds with above average liquidity. Below investment grade bonds are commonly referred to as high yield or junk bonds. The Index is rebalanced monthly.

ETFs related toNUHY

ETFs correlated to NUHY include HYDB, HYG, JNK

NUHY
NuShares ETF Trust - Nuveen ESG High Yield Corporate Bond ETF
HYDB
BlackRock Institutional Trust Company N.A. - iShares High Yield Bond Factor ETF
HYG
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD High Yield Corporate Bond ETF
JNK
SPDR Series Trust - SPDR Bloomberg High Yield Bond ETF
GHYB
Goldman Sachs ETF Trust - Goldman Sachs Access High Yield Corporate Bond ETF
HYLB
DBX ETF Trust - Xtrackers USD High Yield Corporate Bond ETF
HYGV
FlexShares Trust - FlexShares High Yield Value Scored Bond Index ETF
SHYG
BlackRock Institutional Trust Company N.A. - iShares 0-5 Year High Yield Corporate Bond ETF
USHY
BlackRock Institutional Trust Company N.A. - iShares Broad USD High Yield Corporate Bond ETF
PHB
Invesco Capital Management LLC - Invesco Fundamental High Yield Corporate Bond ETF
FDHY
Fidelity Covington Trust - Fidelity High Yield Factor 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 toNUHY

#SD

Smarter Dividends

Category

Composer's Picks, Investing for the Long-Term

Risk Rating

Moderate

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with NUHY using Composer

FAQ

NUHY is a US Bonds ETF. The fund employs a passive management (or indexing ) approach, investing in a diversified portfolio of U.S. dollar-denominated, high yield, fixed-rate corporate bonds that satisfy certain environmental, social and governance ( ESG ) criteria. The fund seeks to track the investment results, before fees and expenses, of the Bloomberg MSCI U.S. High Yield Very Liquid ESG Select Index. The Bloomberg MSCI U.S. High Yield Very Liquid ESG Select Index (the Index ) utilizes certain environmental, social, and governance ( ESG ) criteria to select from the securities included in the Bloomberg U.S. High Yield Very Liquid Index (the Base Index ), which is designed to broadly capture the U.S. dollar-denominated, high yield, fixed-rate corporate bond market. The Index draws from the universe defined by the Base Index, which is comprised of U.S. dollar-denominated below investment grade corporate bonds with above average liquidity. Below investment grade bonds are commonly referred to as high yield or junk bonds. The Index is rebalanced monthly.

NUHY tracks the Bloomberg MSCI U.S. High Yield Very Liquid ESG Select Index.

No, NUHY 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, NUHY 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 NUHY is -0.0103%. This is the percent change in the value of NUHY over the most recent 1-month period. The 3-month return on NUHY is 0.0119%. This is the percent change in the value of NUHY over the most recent 3-month period.

The standard deviation of NUHY for the past year is 0.1192%. 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 NUHY include LQD, SPIB, and USIG.

ETFs correlated to NUHY include HYDB, HYG, and JNK.

ETFs that are inversely correlated to NUHY include SJB, HIBS, and SPXS.

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.