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Is Nuveen ESG Mid-Cap Value ETF (NUMV) a Strong ETF Right Now?
Zacks Investment Research·
The article provides an analysis of the Nuveen ESG Mid-Cap Value ETF (NUMV), a smart beta ETF launched in 2016 with $442.53 million in assets. NUMV tracks the TIAA ESG USA Mid-Cap Value Index with a 0.31% expense ratio and has returned 11.92% year-to-date and 14.53% over the past year. The fund holds 89 companies with heaviest exposure to Financials (19.6%), Industrials, and Information Technology sectors. Alternative ESG ETFs like ESGV and ESGU are also mentioned as comparable options.
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