NSCR

Nuveen Sustainable Core ETF

$31.14
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The Nuveen Sustainable Core ETF (NSCR) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Nuveen Sustainable Core Index, which is designed to track the performance of a diversified portfolio of U.S. large- and mid-capitalization stocks that exhibit positive environmental, social and governance (ESG) characteristics.

Overview

ETF tracking Nuveen Sustainable Core ETF

Category ESG
Issuer Other
Inception Date 2024-03-06
Market Cap $6.9M
Average Volume N/A
Dividend Yield 1.41%
52-Week Range $23.24 - $31.74
VWAP N/A

Performance

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Investment Summary

📎 Investment Objective

The Nuveen Sustainable Core ETF (NSCR) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Nuveen Sustainable Core Index, which is designed to track the performance of a diversified portfolio of U.S. large- and mid-capitalization stocks that exhibit positive environmental, social and governance (ESG) characteristics.

🎯 Investment Strategy

The ETF invests in a portfolio of U.S. large- and mid-cap stocks that are selected based on their ESG characteristics as determined by the index provider. The index methodology favors companies with strong ESG practices and excludes those involved in controversial activities. The fund aims to provide broad market exposure while tilting towards more sustainable companies.

✨ Key Features

  • Focuses on U.S. large- and mid-cap stocks with strong ESG profiles
  • Seeks to track the performance of the Nuveen Sustainable Core Index
  • Employs an index-based, passively managed investment approach
  • Relatively low expense ratio compared to actively managed ESG funds

⚠️ Primary Risks

  • Market risk: The value of the fund's holdings may decline due to general market conditions
  • ESG risk: The fund's ESG criteria may exclude certain companies or industries, which could underperform the broader market
  • Tracking error risk: The fund may not perfectly track the performance of its underlying index
  • Concentration risk: The fund may be more susceptible to factors affecting a particular sector or industry

👤 Best For

The Nuveen Sustainable Core ETF may be suitable for investors seeking broad market exposure with a focus on companies with strong ESG practices. It may be particularly appealing to investors who want to incorporate sustainability considerations into their investment portfolio without sacrificing market-like returns.