NUDM

Nuveen ESG International Developed Markets Equity ETF

$38.22
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Nuveen ESG International Developed Markets Equity ETF (NUDM) seeks to track the investment results of an index composed of large- and mid-capitalization international developed market equities that have been selected based on environmental, social, and governance (ESG) criteria.

Overview

ETF tracking Nuveen ESG International Developed Markets Equity ETF

Issuer Other
Inception Date 2017-06-07
Market Cap $619.1M
Average Volume N/A
Dividend Yield 2.62%
52-Week Range $28.66 - $38.79
VWAP $38.22

Performance

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Investment Summary

📎 Investment Objective

The Nuveen ESG International Developed Markets Equity ETF (NUDM) seeks to track the investment results of an index composed of large- and mid-capitalization international developed market equities that have been selected based on environmental, social, and governance (ESG) criteria.

🎯 Investment Strategy

The ETF seeks to replicate the performance of the MSCI EAFE ESG Focus Index, which is designed to provide exposure to companies with high ESG ratings relative to their sector peers. The index uses a rules-based approach to tilt the portfolio towards companies with higher ESG scores while maintaining a similar risk and return profile to the broader MSCI EAFE Index.

✨ Key Features

  • Focuses on international developed market equities with strong ESG characteristics
  • Tracks the MSCI EAFE ESG Focus Index, which aims to provide ESG-tilted exposure
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Exposure to international developed market equities, which can be subject to currency, political, and economic risks
  • Potential for underperformance relative to the broader international developed market index if ESG-focused stocks underperform
  • Limited track record and assets under management
  • Liquidity risk due to low trading volume

👤 Best For

This ETF may be suitable for investors seeking exposure to international developed market equities with a focus on companies with strong environmental, social, and governance practices. It may be most appropriate for investors with a long-term investment horizon and a moderate to high risk tolerance.