NUDV vs. QDEF ETF Comparison

Comparison of Nuveen ESG Dividend ETF (NUDV) to FlexShares Quality Dividend Defensive Index Fund (QDEF)

NUDV

Nuveen ESG Dividend ETF

NUDV Description

Nuveen ESG Dividend ETF is an exchange traded fund launched and managed by Nuveen Fund Advisors, LLC. The fund is co-managed by Teachers Advisors, LLC. It invests in the public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. It invests in dividend paying stocks of companies. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It does not invest in companies related to alcohol production, tobacco production, nuclear power, gambling, and weapons and firearm production. The fund replicates the performance of the TIAA ESG USA High Dividend Index, by using full replication technique. Nuveen ESG Dividend ETF was formed on September 27, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$29.53

Average Daily Volume

3,369

Number of Holdings ^*

120

* may have additional holdings in another (foreign) market

QDEF

FlexShares Quality Dividend Defensive Index Fund

QDEF Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Quality Dividend Defensive IndexSM. The fund generally will invest under normal circumstances at least 80% of its total assets in the securities of the underlying index. The underlying index is designed to provide exposure to a high-quality, income-oriented portfolio of U.S. equity securities, with an emphasis on long-term capital growth and a targeted overall volatility that is lower than that of the Northern Trust 1250 IndexSM. It may also invest up to 20% of its assets in cash and cash equivalents.

Grade (RS Rating)

Last Trade

$70.93

Average Daily Volume

6,166

Number of Holdings ^*

121

* may have additional holdings in another (foreign) market

Performance

Period	NUDV	QDEF
30 Days	1.61%	1.50%
60 Days	7.10%	6.70%
90 Days	11.29%	8.31%
12 Months	32.44%	34.86%

32 Overlapping Holdings

Symbol	Grade	Weight in NUDV	Weight in QDEF	Overlap
ADP	A	1.46%	1.05%	1.05%
AFL	A	1.17%	0.6%	0.6%
AIZ	A	0.2%	0.52%	0.2%
AMT	C	1.47%	0.99%	0.99%
AVB	C	0.63%	0.18%	0.18%
AVY	B	0.35%	0.52%	0.35%
BAC	D	1.77%	0.02%	0.02%
BK	C	1.03%	0.63%	0.63%
BMY	B	1.43%	0.38%	0.38%
CAH	B	0.52%	0.16%	0.16%
CI	C	1.4%	0.92%	0.92%
CSCO	A	1.68%	0.55%	0.55%
ED	A	0.7%	0.53%	0.53%
EXC	A	0.78%	0.41%	0.41%
FIS	C	0.9%	0.58%	0.58%
GILD	A	1.53%	0.95%	0.95%
HD	A	2.07%	2.99%	2.07%
IBM	C	1.77%	1.76%	1.76%
IPG	C	0.23%	0.5%	0.23%
ITW	B	1.44%	0.71%	0.71%
JNJ	C	1.97%	3.22%	1.97%
K	B	0.43%	0.53%	0.43%
KMB	B	0.94%	0.55%	0.55%
KO	B	1.81%	0.75%	0.75%
LOW	A	1.61%	0.46%	0.46%
MET	A	0.96%	0.52%	0.52%
MMM	B	1.46%	0.68%	0.68%
MRK	F	1.74%	2.72%	1.74%
PAYX	A	0.84%	0.58%	0.58%
PSA	C	1.11%	0.65%	0.65%
VZ	A	1.67%	0.7%	0.7%
WSM	C	0.38%	0.47%	0.38%

NUDV Overweight 88 Positions Relative to QDEF

Symbol	Grade	Weight
CAT	A	1.74%
PEP	D	1.61%
TXN	C	1.61%
INTC	D	1.57%
CMCSA	B	1.54%
DE	A	1.53%
GS	D	1.52%
PFE	D	1.52%
AMGN	D	1.5%
MS	B	1.49%
WELL	B	1.45%
C	B	1.44%
EQIX	B	1.43%
UPS	D	1.43%
TGT	C	1.42%
MMC	D	1.41%
PNC	C	1.4%
USB	C	1.38%
CL	D	1.35%
NEM	C	1.26%
NXPI	F	1.21%
FDX	D	1.21%
COF	C	1.1%
TRV	C	1.06%
JCI	B	1.02%
OKE	C	1.02%
CCI	A	0.98%
CMI	B	0.87%
PRU	C	0.85%
KDP	C	0.8%
KR	B	0.74%
HPQ	C	0.71%
HIG	A	0.68%
DFS	C	0.68%
BKR	B	0.68%
IRM	B	0.67%
PPG	D	0.62%
TSCO	A	0.6%
ROK	D	0.6%
FITB	C	0.57%
ADM	D	0.57%
AWK	C	0.55%
HPE	C	0.52%
IFF	C	0.52%
STT	C	0.51%
SBAC	B	0.5%
NTAP	D	0.5%
BR	B	0.49%
ES	A	0.46%
STX	B	0.43%
KHC	B	0.43%
BBY	B	0.41%
ATO	A	0.41%
RF	C	0.41%
MKC	B	0.41%
CLX	B	0.39%
PFG	C	0.39%
SYF	C	0.38%
STLD	C	0.37%
NTRS	C	0.36%
DGX	C	0.33%
IEX	D	0.32%
TFC	D	0.32%
DOC	B	0.31%
CAG	B	0.3%
OC	B	0.29%
POOL	B	0.28%
BG	D	0.27%
EQH	C	0.27%
DKS	D	0.25%
CHRW	A	0.25%
JNPR	C	0.25%
BXP	C	0.24%
REG	B	0.24%
ALLE	A	0.24%
HBAN	C	0.22%
LKQ	F	0.21%
HRL	F	0.19%
LW	D	0.19%
ALLY	F	0.19%
CPB	D	0.19%
WTRG	D	0.19%
CNH	C	0.19%
TTC	D	0.18%
BBWI	F	0.14%
DINO	F	0.14%
PARA	F	0.12%
FOX	A	0.11%

NUDV Underweight 89 Positions Relative to QDEF

Symbol	Grade	Weight
AAPL	C	-6.16%
MSFT	C	-5.17%
NVDA	C	-4.88%
ABBV	A	-3.01%
PG	C	-2.94%
META	A	-2.71%
QCOM	D	-1.77%
PM	B	-1.56%
GOOGL	C	-1.27%
INTU	F	-1.22%
LMT	A	-1.11%
GOOG	C	-1.03%
TJX	C	-0.99%
SBUX	B	-0.97%
TMUS	A	-0.97%
KLAC	D	-0.96%
AVGO	C	-0.88%
DUK	B	-0.81%
MO	B	-0.79%
T	A	-0.75%
CME	A	-0.69%
MSI	A	-0.67%
JPM	D	-0.64%
MCK	F	-0.6%
D	A	-0.58%
RMD	C	-0.57%
EME	C	-0.56%
ESS	C	-0.56%
EQR	C	-0.56%
MAA	C	-0.56%
UMBF	C	-0.55%
LDOS	A	-0.54%
WTW	A	-0.54%
VRSK	D	-0.54%
NSA	C	-0.54%
CPT	C	-0.54%
OHI	C	-0.54%
GIS	B	-0.53%
PPL	A	-0.53%
PNW	A	-0.52%
ORI	A	-0.52%
BPOP	D	-0.52%
CSL	A	-0.52%
UNM	A	-0.52%
EA	D	-0.52%
CSWI	B	-0.51%
CFR	D	-0.51%
NEP	D	-0.51%
WDFC	C	-0.51%
FAST	C	-0.51%
VIRT	C	-0.51%
DOX	B	-0.5%
BWXT	A	-0.5%
IRDM	C	-0.5%
OTIS	A	-0.5%
RDN	D	-0.5%
LSTR	D	-0.49%
HRB	C	-0.49%
WU	D	-0.48%
XOM	B	-0.48%
STNG	D	-0.47%
SWKS	F	-0.47%
CUBE	C	-0.46%
OGE	A	-0.46%
OMF	D	-0.46%
EXPD	B	-0.45%
SAIC	B	-0.44%
DELL	D	-0.41%
CHE	B	-0.41%
EBAY	A	-0.41%
EVRG	B	-0.4%
BSY	D	-0.4%
DPZ	D	-0.39%
MSM	D	-0.37%
VRT	B	-0.35%
STWD	C	-0.35%
V	C	-0.35%
WEC	A	-0.28%
MAS	A	-0.25%
PEG	A	-0.25%
NNN	A	-0.24%
COST	C	-0.23%
MA	A	-0.22%
SCCO	B	-0.17%
ZTS	B	-0.12%
BAH	A	-0.12%
ROL	B	-0.12%
WMT	A	-0.11%
DDS	D	-0.1%