NULC vs. ACWV ETF Comparison

Comparison of Nuveen ESG Large-Cap ETF (NULC) to iShares MSCI All Country World Minimum Volatility Index Fund (ACWV)

NULC

Nuveen ESG Large-Cap ETF

NULC Description

The investment seeks to track the investment results, before fees and expenses, of the ICE BofAML Enhanced Yield 1-5 Year US Broad Bond Index (the "index"). Under normal market conditions, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in component securities of the index. The index is designed to broadly capture the 1-5 year U.S. investment grade fixed income market, as represented by a modified version of the ICE BofAML 1-5 Year US Broad Market Index.

Grade (RS Rating)

Last Trade

$47.87

Average Daily Volume

1,175

Number of Holdings ^*

121

* may have additional holdings in another (foreign) market

ACWV

iShares MSCI All Country World Minimum Volatility Index Fund

ACWV Description

The investment seeks to track the investment results of an index composed of developed and emerging market equities that, in the aggregate, have lower volatility characteristics relative to the broader developed and emerging equity markets. The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. It seeks to track the underlying index, which has been developed by MSCI Inc. ("MSCI") to measure the combined performance of equity securities in both emerging and developed markets that in aggregate have lower volatility. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$112.28

Average Daily Volume

118,828

Number of Holdings ^*

139

* may have additional holdings in another (foreign) market

Performance

Period	NULC	ACWV
30 Days	1.23%	-2.64%
60 Days	4.39%	-1.27%
90 Days	6.18%	0.23%
12 Months	29.02%	17.57%

37 Overlapping Holdings

Symbol	Grade	Weight in NULC	Weight in ACWV	Overlap
ACGL	D	0.12%	0.57%	0.12%
AKAM	F	0.07%	0.27%	0.07%
AMGN	D	0.98%	0.34%	0.34%
AZO	C	0.04%	0.77%	0.04%
CAH	B	0.13%	0.18%	0.13%
CBOE	C	0.4%	0.54%	0.4%
CI	D	0.08%	0.24%	0.08%
DINO	D	0.13%	0.06%	0.06%
EA	A	0.35%	0.63%	0.35%
ED	C	0.64%	0.84%	0.64%
FI	A	1.71%	0.48%	0.48%
GILD	C	0.72%	0.48%	0.48%
HOLX	D	0.36%	0.05%	0.05%
IBM	C	1.62%	0.73%	0.73%
IT	C	0.07%	0.07%	0.07%
JNPR	D	0.24%	0.32%	0.24%
KEYS	C	0.53%	0.41%	0.41%
KO	D	1.55%	0.05%	0.05%
KR	B	0.44%	0.83%	0.44%
LLY	F	2.26%	0.52%	0.52%
LNG	A	0.93%	0.16%	0.16%
MA	B	2.14%	0.19%	0.19%
MCD	D	1.2%	1.02%	1.02%
MCK	A	1.46%	1.42%	1.42%
MMC	D	1.38%	0.88%	0.88%
MSFT	D	6.83%	0.76%	0.76%
NEM	D	0.18%	0.09%	0.09%
PEP	F	0.75%	1.08%	0.75%
PG	C	1.41%	0.82%	0.82%
PGR	B	1.57%	0.84%	0.84%
T	A	0.85%	0.26%	0.26%
TJX	A	1.27%	0.37%	0.37%
TRV	A	0.48%	0.32%	0.32%
V	A	2.2%	0.59%	0.59%
VRTX	D	0.32%	1.13%	0.32%
VZ	C	0.21%	0.76%	0.21%
WTW	B	0.05%	0.1%	0.05%

NULC Overweight 84 Positions Relative to ACWV

Symbol	Grade	Weight
NVDA	A	8.29%
GOOGL	B	3.13%
GOOG	B	1.92%
TSLA	A	1.88%
ETN	B	1.72%
CRM	B	1.6%
MS	A	1.53%
SPGI	D	1.48%
DIS	B	1.45%
DHR	D	1.33%
MELI	D	1.31%
PNC	B	1.3%
HCA	F	1.21%
ECL	D	1.21%
OKE	A	1.2%
CARR	D	1.16%
INTC	C	1.05%
UPS	C	1.04%
TGT	B	1.02%
AMAT	F	0.99%
CMG	C	0.97%
ADP	B	0.97%
AMT	D	0.96%
MRVL	B	0.95%
C	B	0.94%
SNPS	C	0.9%
BKR	B	0.83%
AXON	A	0.81%
LOW	C	0.79%
AMD	F	0.76%
CMCSA	B	0.75%
EXC	C	0.73%
EW	C	0.72%
HPQ	B	0.69%
VEEV	C	0.69%
TXN	C	0.65%
MMM	D	0.57%
CDNS	B	0.57%
ZTS	D	0.55%
HPE	B	0.54%
TEAM	A	0.51%
URI	B	0.49%
ADM	D	0.48%
ADBE	D	0.47%
NTAP	C	0.47%
EBAY	D	0.45%
WST	D	0.45%
IRM	C	0.44%
BKNG	A	0.43%
FTV	D	0.42%
STLD	B	0.41%
LYB	F	0.41%
AWK	C	0.41%
WDC	F	0.4%
EQIX	A	0.4%
STX	D	0.38%
TRU	D	0.38%
TFC	A	0.37%
J	D	0.35%
FSLR	F	0.35%
TRMB	B	0.34%
BALL	D	0.33%
HOOD	A	0.33%
DECK	A	0.31%
MCO	D	0.3%
GS	B	0.23%
FDX	B	0.22%
SOLV	F	0.2%
HD	A	0.2%
A	F	0.19%
PANW	B	0.18%
EME	A	0.18%
MKTX	D	0.17%
MOS	D	0.16%
LPLA	A	0.13%
NXPI	F	0.09%
WELL	A	0.07%
USB	B	0.06%
IDXX	F	0.05%
UNP	D	0.04%
DXCM	C	0.03%
FBIN	F	0.02%
BG	D	0.01%
DOV	B	0.01%

NULC Underweight 102 Positions Relative to ACWV

Symbol	Grade	Weight
TMUS	B	-2.03%
MSI	B	-1.88%
WMT	A	-1.82%
CSCO	B	-1.57%
WM	B	-1.5%
ROP	C	-1.36%
RSG	A	-1.19%
MRK	F	-1.06%
JNJ	D	-1.05%
COR	B	-1.05%
BRK.A	B	-0.91%
CB	C	-0.88%
UNH	C	-0.83%
DUK	C	-0.81%
SO	C	-0.8%
NOC	D	-0.77%
WEC	A	-0.68%
GDDY	A	-0.64%
ORLY	B	-0.62%
REGN	F	-0.61%
GIS	F	-0.61%
K	B	-0.57%
APH	B	-0.54%
ORCL	A	-0.54%
ABBV	F	-0.49%
CHD	A	-0.46%
HSY	F	-0.44%
MKL	A	-0.43%
ELV	F	-0.42%
WRB	B	-0.41%
L	A	-0.4%
UTHR	C	-0.4%
WCN	A	-0.39%
INCY	C	-0.38%
CHT	C	-0.37%
BAH	D	-0.37%
KDP	D	-0.36%
FFIV	B	-0.36%
CL	D	-0.35%
VRSN	F	-0.35%
AON	B	-0.35%
KHC	F	-0.33%
AJG	B	-0.33%
TSN	B	-0.32%
NBIX	C	-0.31%
HUM	D	-0.31%
BRO	B	-0.3%
GEN	B	-0.3%
KMB	C	-0.3%
SJM	D	-0.27%
ACN	C	-0.26%
ERIE	F	-0.26%
MDLZ	F	-0.25%
BMY	A	-0.25%
CF	A	-0.25%
YUM	D	-0.24%
FCNCA	A	-0.23%
LMT	D	-0.23%
CME	A	-0.23%
HRL	D	-0.23%
FWONK	B	-0.22%
PTC	B	-0.22%
BDX	F	-0.22%
CPB	D	-0.22%
CTSH	C	-0.21%
ROL	B	-0.21%
MFG	A	-0.21%
JKHY	D	-0.2%
BMRN	F	-0.19%
DPZ	C	-0.19%
GD	D	-0.18%
ULTA	F	-0.16%
CMS	C	-0.16%
MPC	D	-0.15%
DGX	A	-0.15%
AIZ	A	-0.13%
WIT	B	-0.12%
CTVA	C	-0.12%
MOH	F	-0.12%
FICO	B	-0.12%
MNST	C	-0.12%
AZPN	A	-0.11%
TDY	B	-0.11%
AEE	A	-0.11%
XEL	A	-0.11%
EG	D	-0.1%
XOM	B	-0.1%
WDAY	C	-0.1%
PCG	A	-0.1%
ABT	A	-0.1%
TPL	A	-0.1%
TRGP	A	-0.08%
AEP	C	-0.07%
KNX	B	-0.06%
ANET	C	-0.06%
FANG	D	-0.06%
CHRW	B	-0.06%
CAG	F	-0.05%
GPC	F	-0.05%
ACI	C	-0.05%
HSIC	C	-0.05%
HKD	F	-0.0%