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ETFs

Nuveen ESG Mid-Cap Growth ETF

NUMG
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 13 2016
Expense Ratio
0.30%
Type
US Equities
Fund Owner
Nuveen
Volume (1m avg. daily)
$1,667,613
AUM
$340,704,000
Associated Index
TIAA ESG USA Mid-Cap Growth Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

WST
West Pharmaceutical Services, Inc.
2.77%
FSLR
First Solar Inc
2.64%
TSCO
Tractor Supply Co.
2.63%
PWR
Quanta Services, Inc.
2.63%
KEYS
Keysight Technologies Inc
2.60%
IT
Gartner, Inc.
2.57%
URI
United Rentals, Inc.
2.55%
ALNY
Alnylam Pharmaceuticals Inc
2.53%
PODD
Insulet Corporation
2.52%
COO
Cooper Companies, Inc.
2.34%
Invest with NUMG

What is NUMG?

The Fund employs a passive management (or indexing ) approach, seeking to track the investment results, before fees and expenses, of the TIAA ESG USA Mid-Cap Growth Index (the Index ). The Fund generally invests in substantially all or a sample of the securities in the Index whose risk, return and other characteristics resemble the risk, return and other characteristics of the Index. Under normal market conditions, the Fund invests at least 80% of its assets, exclusive of collateral held from securities lending, in component securities of the Index. The Index is composed of equity securities issued by mid-capitalization companies listed on U.S. exchanges that meet certain environment, social and governance ( ESG ) criteria.

ETFs related toNUMG

ETFs correlated to NUMG include IWP, VOT, IMCG

NUMG
Nuveen Fund Advisors LLC - Nuveen ESG Mid-Cap Growth ETF
IWP
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap Growth ETF
VOT
Vanguard Group, Inc. - Vanguard Mid-Cap Growth ETF
IMCG
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap Growth ETF
QQQJ
Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ Next Gen 100 ETF
VBK
Vanguard Group, Inc. - Vanguard Small Cap Growth ETF
VXF
Vanguard Group, Inc. - Vanguard Extended Market Index ETF
QGRO
American Century ETF Trust - American Century STOXX U.S.Quality Growth ETF
ISCG
BlackRock Institutional Trust Company N.A. - iShares Morningstar Small-Cap Growth ETF
IWO
BlackRock Institutional Trust Company N.A. - iShares Russell 2000 Growth ETF
VTWG
Vanguard Group, Inc. - Vanguard Russell 2000 Growth Index 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 toNUMG

#GLOMO

On Top of the World: Global Momentum

Category

Momentum, Lever Up, Go Global

Risk Rating

Moderate

#D

Phalanx Formation: Downturn Defense

Category

Getting Defensive

Risk Rating

Moderate

Create your own algorithmic trading strategy with NUMG using Composer

FAQ

NUMG is a US Equities ETF. The Fund employs a passive management (or indexing ) approach, seeking to track the investment results, before fees and expenses, of the TIAA ESG USA Mid-Cap Growth Index (the Index ). The Fund generally invests in substantially all or a sample of the securities in the Index whose risk, return and other characteristics resemble the risk, return and other characteristics of the Index. Under normal market conditions, the Fund invests at least 80% of its assets, exclusive of collateral held from securities lending, in component securities of the Index. The Index is composed of equity securities issued by mid-capitalization companies listed on U.S. exchanges that meet certain environment, social and governance ( ESG ) criteria.

NUMG tracks the TIAA ESG USA Mid-Cap Growth Index.

No, NUMG 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, NUMG 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 NUMG is 0.0018%. This is the percent change in the value of NUMG over the most recent 1-month period. The 3-month return on NUMG is 0.0818%. This is the percent change in the value of NUMG over the most recent 3-month period.

The standard deviation of NUMG for the past year is 0.308%. 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 NUMG include USMV, SPLV, and DSI.

ETFs correlated to NUMG include IWP, VOT, and IMCG.

ETFs that are inversely correlated to NUMG include HIBS, SRTY, and RWM.

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.