NULG
Nuveen ESG Large-Cap Growth ETF
📎 Investment Objective
The Nuveen ESG Large-Cap Growth ETF seeks to track the investment results of an index composed of large-capitalization U.S. companies that have positive environmental, social and governance (ESG) characteristics.
Overview
ETF tracking Nuveen ESG Large-Cap Growth ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Nuveen ESG Large-Cap Growth ETF seeks to track the investment results of an index composed of large-capitalization U.S. companies that have positive environmental, social and governance (ESG) characteristics.
🎯 Investment Strategy
The ETF seeks to replicate the performance of the TIAA ESG USA Large-Cap Growth Index, which is designed to provide exposure to large-cap U.S. companies with positive ESG characteristics. The index uses a rules-based methodology to select and weight companies based on ESG criteria.
✨ Key Features
- Focuses on large-cap U.S. growth stocks with positive ESG characteristics
- Tracks the TIAA ESG USA Large-Cap Growth Index
- Aims to provide exposure to companies with strong environmental, social and governance practices
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the ETF's holdings may decline due to general market and economic conditions
- Concentration risk: The ETF is concentrated in the large-cap growth segment of the U.S. equity market
- ESG investment risk: The ETF's ESG criteria may exclude certain companies or industries, which could underperform the broader market
- Tracking error risk: The ETF may not perfectly track its underlying index
👤 Best For
The Nuveen ESG Large-Cap Growth ETF may be suitable for long-term investors seeking exposure to large-cap U.S. growth stocks with a focus on environmental, social and governance factors. Investors should have a moderate to high risk tolerance and a long-term investment horizon.