NULC
Nuveen ESG Large-Cap ETF
📎 Investment Objective
The Nuveen ESG Large-Cap ETF (NULC) seeks to track the investment results of an index composed of large-capitalization U.S. companies that have been selected based on environmental, social and governance (ESG) criteria.
Overview
ETF tracking Nuveen ESG Large-Cap ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Nuveen ESG Large-Cap ETF (NULC) seeks to track the investment results of an index composed of large-capitalization U.S. companies that have been selected based on environmental, social and governance (ESG) criteria.
🎯 Investment Strategy
The ETF seeks to replicate the performance of the TIAA ESG USA Large-Cap Index, which is designed to provide exposure to large-cap U.S. companies that demonstrate strong environmental, social and corporate governance practices. The index uses a rules-based methodology to select and weight companies based on ESG ratings.
✨ Key Features
- Focuses on large-cap U.S. stocks with strong ESG characteristics
- Seeks to track the TIAA ESG USA Large-Cap Index
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Concentration risk as the fund is focused on large-cap stocks
- Potential for underperformance compared to broad market indexes
- Limited diversification outside of the large-cap U.S. equity market
- Reliance on ESG ratings which may not fully capture a company's sustainability practices
👤 Best For
NULC may be suitable for investors seeking large-cap U.S. equity exposure with a focus on environmental, social and governance factors. It could be used as a core holding or complement to a broader portfolio. Investors should have a long-term investment horizon and be comfortable with the risks associated with large-cap equity investing.