NUDM
Nuveen ESG International Developed Markets Equity ETF
The NuShares ESG International Developed Markets Equity ETF tracks an index of large- and midcap developed market stocks that score highly on environmental, social, and governance criteria. The index is optimized for marketlike risk and return characteris
International
EQUITY
Rules-Based
MANAGEMENT STYLE
560.5 M
ASSETS UNDER MGMT
31 bp
EXPENSES
Fund Basics
| Fund sponsor | Nuveen |
| Category | International |
| Asset class | Equity |
| Website | link... |
| Inception date | Jun 06, 2017 |
| Assets (mns) | $561 |
| Expense ratio | 31 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Annually |
| Taxation | 1099 |
| Stock selection | Principles-based |
| Weighting | Multi-Factor |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| SAP AG | 2.8 % |
| NOVARTIS AG | 2.6 % |
| ASML HOLDING NV | 2.4 % |
| NOVO NORDISK A/S-B | 2.3 % |
| SONY CORP | 2.0 % |
| UNILEVER PLC | 1.9 % |
| INTESA SANPAOLO S.P.A. | 1.8 % |
| SCHNEIDER ELECTRIC SA | 1.8 % |
| LLOYDS BANKING GROUP PLC | 1.7 % |
| ESSILOR INTERNATIONAL | 1.7 % |
Constituent Breakdown
| Number of holdings | 151 |
| Herfindahl-Hirschman Index | 119 |
| Wgt avg mkt cap (mns) | $76,893 |
| Large cap (>$10bn) | 90.3% |
| Mid cap ($2-10bn) | 8.2% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 98.2% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
JAPAN | 22.1 % |
 |
BRITAIN | 14.0 % |
 |
FRANCE | 11.9 % |
 |
SWITZERLAND | 9.6 % |
 |
GERMANY | 8.4 % |
 |
AUSTRALIA | 6.9 % |
 |
NETHERLANDS | 3.8 % |
 |
SPAIN | 3.6 % |
 |
ITALY | 3.4 % |
 |
SWEDEN | 3.2 % |
Historical Performance
Standardized Performance (as of 06/30/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 18.1% | 13.9% | 10.7% | 12.1% | 7.9% | -- | -- | 4.5% |
| Dividend Yield | 0.0% | 0.0% | 1.8% | 1.9% | 2.4% | -- | -- | 2.2% |
| Total Returns | 18.1% | 13.9% | 12.5% | 14.0% | 10.3% | -- | -- | 6.7% | Ann. Volatility | 20.1% | 18.4% | 15.7% | 16.8% | 16.8% | -- | -- | 17.9% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.88 | 63% |
| MSCI EAFE | 0.97 | 82% |
| MSCI Emg Mkts | 0.80 | 59% |
Liquidity Measures
| Avg. volume (000) | 42 |
| ADV traded (mns) | $1 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.39% |
Technical Indicators
| Recent close | $35.61 |
| 30d moving avg. | $34.81 |
| Annualized volatility | 17.7% |
| Relative strength (RSI) | 61 |
| Short interest | 0.2% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. |
Expenses vs. |
ALTAR Score™ vs. |
|---|---|---|---|---|
| EASG | Xtrackers MSCI EAFE ESG Leaders Equity ETF | 40.9% | -17 bp | +6.3% |
| ESGD | iShares ESG Aware MSCI EAFE ETF | 39.2% | -11 bp | +6.8% |
| DMXF | iShares ESG Advanced MSCI EAFE ETF | 34.2% | -19 bp | +5.5% |
| FENI | Fidelity Enhanced International ETF | 33.4% | -3 bp | +6.8% |
| IQSI | IQ Candriam International Equity ETF | 32.9% | -16 bp | +6.7% |
| CEFA | Global X S&P Catholic Values Developed ex-US ETF | 32.1% | +4 bp | +6.8% |
| DBEU | Xtrackers MSCI Europe Hedged Equity ETF | 31.5% | +15 bp | +6.8% |
| EFAX | SPDR MSCI EAFE Fossil Fuel Free ETF | 31.4% | -11 bp | +6.5% |
| BBEU | JPMorgan BetaBuilders Europe ETF | 31.2% | -22 bp | +7.3% |
| IEV | iShares Europe ETF | 30.8% | +36 bp | +6.9% |
Risk and Returns: vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 7/5/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
ALTAR Score™
NUDM
6.5%
Cat. Avg
7.2%
ALTAR Score™ Calculation
Category Overview
There are 259 funds in the International Equity category, with an average ALTAR Score™
of 7.2% and a standard deviation of
1.8%. NUDM's ALTAR Score™ is approximately
0.4 standard deviations
below
the category average. This places NUDM in the 34th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
NUDMSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based International Equity ETFs |
| # of ETFs | 152 |
| Avg. Expense Ratio | 42.9 bp |
| Std. Deviation | 24.3 bp |
| (31 bp) Percentile rank | 32 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| NUDM | 31.0 | 0.0 | 31 |
| Peer Avg. | 44.6 | 24.0 | 68.5 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .