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ETFs

Nuveen ESG Large-Cap ETF

NULC
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 3, 2019
Expense Ratio
0.21%
Type
US Equities
Fund Owner
Nuveen
Volume (1m avg. daily)
$45,960
AUM
$23,030,409
Associated Index
TIAA ESG USA Large-Cap Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

MSFT
Microsoft Corporation
7.12%
AMZN
Amazon.com Inc.
4.35%
NVDA
NVIDIA Corp
3.82%
PG
Procter & Gamble Co.
2.14%
MA
Mastercard Incorporated - Ordinary Shares - Class A
2.14%
V
Visa Inc - Ordinary Shares - Class A
2.00%
LLY
Lilly(Eli) & Co
1.85%
KO
Coca-Cola Co
1.72%
INTC
Intel Corp.
1.69%
IBM
International Business Machines Corp.
1.67%
Invest with NULC

What is NULC?

The Fund employs a passive management (or indexing ) approach, investing primarily in large-capitalization U.S. equity securities that satisfy certain environmental, social and governance ( ESG ) criteria. The TIAA ESG USA Large-Cap Index (the Index ) is primarily composed of equity securities issued by large capitalization companies listed on U.S. exchanges. The Index uses a rules-based methodology that seeks to provide investment exposure that generally replicates that of large-cap benchmarks through a portfolio of securities that adhere to predetermined ESG, controversial business involvement and low-carbon screening criteria. The Index is rebalanced on a quarterly basis. It is not possible to invest directly in an index.

ETFs related toNULC

ETFs correlated to NULC include SUSA, IYY, SCHX

NULC
Nuveen Fund Advisors LLC - Nuveen ESG Large-Cap ETF
SUSA
BlackRock Institutional Trust Company N.A. - MSCI USA ESG Select ETF
IYY
BlackRock Institutional Trust Company N.A. - iShares Dow Jones U.S. ETF
SCHX
Schwab Strategic Trust - Schwab U.S. Large-Cap ETF
ITOT
BlackRock Institutional Trust Company N.A. - iShares Core S&P Total U.S. Stock Market ETF
SCHK
Schwab Strategic Trust - Schwab 1000 Index ETF
LRGF
BlackRock Institutional Trust Company N.A. - iShares U.S. Equity Factor ETF
IWB
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 ETF
IWV
BlackRock Institutional Trust Company N.A. - iShares Russell 3000 ETF
SCHB
Schwab Strategic Trust - Schwab U.S. Broad Market ETF
VOTE
Engine No. 1 ETF Trust - Engine No. 1 Transform 500 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 toNULC

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with NULC using Composer

FAQ

NULC is a US Equities ETF. The Fund employs a passive management (or indexing ) approach, investing primarily in large-capitalization U.S. equity securities that satisfy certain environmental, social and governance ( ESG ) criteria. The TIAA ESG USA Large-Cap Index (the Index ) is primarily composed of equity securities issued by large capitalization companies listed on U.S. exchanges. The Index uses a rules-based methodology that seeks to provide investment exposure that generally replicates that of large-cap benchmarks through a portfolio of securities that adhere to predetermined ESG, controversial business involvement and low-carbon screening criteria. The Index is rebalanced on a quarterly basis. It is not possible to invest directly in an index.

NULC tracks the TIAA ESG USA Large-Cap Index.

No, NULC 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, NULC 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 NULC is -0.0131%. This is the percent change in the value of NULC over the most recent 1-month period. The 3-month return on NULC is 0.0059%. This is the percent change in the value of NULC over the most recent 3-month period.

The standard deviation of NULC for the past year is 0.1786%. 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 NULC include SPHQ, SPHB, and DSI.

ETFs correlated to NULC include SUSA, IYY, and SCHX.

ETFs that are inversely correlated to NULC include SH, SPDN, and SDS.

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.