Nuveen ESG Large-Cap Value ETF (NULV)

The NuShares ESG Large-Cap Value ETF (NULV) is an exchange-traded fund that seeks to track the investment results of the TIAA ESG USA Large-Cap Value Index. The index is designed to provide exposure to U.S. large-cap equity securities with relatively lower carbon emissions, while also exhibiting value characteristics and adhering to certain environmental, social, and governance (ESG) criteria.

The fund's ESG criteria screen out companies involved in certain industries, such as tobacco, weapons, and fossil fuels, as well as those with poor ESG performance. The index also scores companies based on their ESG performance, and then selects those that have the highest ESG scores within each sector.

Investing in NULV may be suitable for investors who are seeking exposure to U.S. large-cap value stocks that meet certain ESG criteria. However, it's important to keep in mind that ESG investing can still carry risks and may not guarantee positive returns.