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NUMV - Nushares ESG Midcap Value ETF

Nushares ESG Midcap Value ETF logoNuShares ESG Mid-Cap Value ETF (NUMV) is an exchange-traded fund that invests in mid-cap value companies in the U.S. equity market while targeting companies with positive environmental, social, and governance (ESG) characteristics. The fund seeks to track the investment results of the TIAA ESG USA Mid-Cap Value Index, which uses a rules-based approach to select mid-cap value stocks based on their ESG ratings.

NUMV is managed by Nuveen, one of the largest investment managers in the world, and was launched in September 2018. The ETF has an expense ratio of 0.35%, which is slightly higher than the average expense ratio for ETFs with similar investment strategies.

As of March 2023, the ETF holds 292 stocks with a median market capitalization of $7.9 billion. The top three sectors in the fund are financials, industrials, and utilities. The largest individual holdings include AmerisourceBergen Corporation, Fidelity National Information Services, and Discover Financial Services.

Investors in NUMV may be attracted to the fund's focus on mid-cap value stocks with strong ESG characteristics. Additionally, the ETF's diversification across sectors and individual holdings may provide investors with a level of risk mitigation. However, investors should be aware of the ETF's relatively high expense ratio compared to other similar ETFs, which could impact overall returns. As with all investments, it is important to conduct thorough research and consider individual financial goals and risk tolerance before investing in NUMV or any other ETF.

 



 

 

 
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