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ETFs

Nuveen ESG Mid-Cap Value ETF

NUMV
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 13 2016
Expense Ratio
0.31%
Type
US Equities
Fund Owner
Nuveen
Volume (1m avg. daily)
$782,344
AUM
$316,667,585
Associated Index
TIAA ESG USA Mid-Cap Value Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

OKE
Oneok Inc.
2.32%
FERG
Ferguson Plc.
2.30%
HIG
Hartford Financial Services Group Inc.
2.09%
BKR
Baker Hughes Co - Ordinary Shares - Class A
2.09%
MLM
Martin Marietta Materials, Inc.
2.07%
HPE
Hewlett Packard Enterprise Co
2.03%
IRM
Iron Mountain Inc.
1.97%
STE
Steris Plc
1.95%
IFF
International Flavors & Fragrances Inc.
1.94%
CBOE
Cboe Global Markets Inc.
1.91%
Invest with NUMV

What is NUMV?

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 Value 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 toNUMV

ETFs correlated to NUMV include IWS, VOE, IMCV

NUMV
Nuveen Fund Advisors LLC - Nuveen ESG Mid-Cap Value ETF
IWS
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap Value ETF
VOE
Vanguard Group, Inc. - Vanguard Mid-Cap Value ETF
IMCV
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap Value ETF
JHMM
John Hancock Investment Management LLC - John Hancock Multifactor Mid Cap ETF
RSP
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight ETF
JPME
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return U.S. Mid Cap Equity ETF
ONEY
SPDR Series Trust - SPDR Russell 1000 Yield Focus ETF
EQAL
Invesco Capital Management LLC - Invesco Russell 1000 Equal Weight ETF
FTA
First Trust Exchange-Traded Fund III - First Trust Large Capital Value AlphaDEX Fund
SCHM
Schwab Strategic Trust - Schwab U.S. Mid-Cap 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 toNUMV

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with NUMV using Composer

FAQ

NUMV 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 Value 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.

NUMV tracks the TIAA ESG USA Mid-Cap Value Index.

No, NUMV 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, NUMV 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 NUMV is -0.0208%. This is the percent change in the value of NUMV over the most recent 1-month period. The 3-month return on NUMV is -0.0021%. This is the percent change in the value of NUMV over the most recent 3-month period.

The standard deviation of NUMV for the past year is 0.2095%. 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 NUMV include SPHQ, DSI, and QUAL.

ETFs correlated to NUMV include IWS, VOE, and IMCV.

ETFs that are inversely correlated to NUMV include RWM, TZA, and TWM.

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.