Core Viewpoint - The Nuveen ESG Large-Cap Growth ETF (NULG) is a smart beta ETF launched on December 13, 2016, providing broad exposure to the large-cap growth segment of the market [1] Group 1: Fund Overview - NULG is managed by Nuveen and has accumulated over $1.66 billion in assets, positioning it as an average-sized ETF within its category [5] - The fund aims to match the performance of the TIAA ESG USA Large-Cap Growth Index, which includes equity securities from large-cap companies listed on U.S. exchanges [5] Group 2: Cost and Performance - NULG has an annual operating expense ratio of 0.26%, which is competitive with peer products [6] - The ETF has achieved a year-to-date gain of approximately 10.41% and a one-year increase of about 13.47% as of July 17, 2025 [10] Group 3: Sector Exposure and Holdings - The ETF has a significant allocation of about 48.9% in the Information Technology sector, with Consumer Discretionary and Telecom also being major sectors [7] - Nvidia Corp (NVDA) constitutes around 13.14% of the fund's total assets, with the top 10 holdings making up approximately 42.74% of total assets under management [8] Group 4: Alternatives - Other ETFs in the same space include Vanguard ESG U.S. Stock ETF (ESGV) and iShares ESG Aware MSCI USA ETF (ESGU), which have larger asset bases and lower expense ratios [12]
Is Nuveen ESG Large-Cap Growth ETF (NULG) a Strong ETF Right Now?
ZACKSยท2025-07-17 11:21