Is Nuveen ESG Mid-Cap Value ETF (NUMV) a Strong ETF Right Now?
ZACKSยท2025-08-26 11:21
A smart beta exchange traded fund, the Nuveen ESG Mid-Cap Value ETF (NUMV) debuted on 12/13/2016, and offers broad exposure to the Style Box - Mid Cap Value category of the market.What Are Smart Beta ETFs?The ETF industry has traditionally been dominated by products based on market capitalization weighted indexes that are designed to represent the market or a particular segment of the market.Market cap weighted indexes work great for investors who believe in market efficiency. They provide a low-cost, conve ...