ETF Evaluator:
Nuveen ESG Dividend ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Large Value Over the Last Year
| 72.4% | iShares MSCI USA Value Factor ETF (VLUE) |
| 39.0% | SEI QiM U.S. Lrg Cap Value Actv ETF (SEIV) |
| 34.8% | LSV Disciplined Value ETF (LSVD) |
| 34.7% | iShares Core Dividend ETF (DIVB) |
| 34.4% | Avantis US Large Cap Value ETF (AVLV) |
Risk
Index
Risk
Index
ETF Details
Nuveen ESG Dividend ETF Overview
Nuveen ESG Dividend ETF (NUDV) is a passively managed U.S. Equity Large Value exchange-traded fund (ETF). Nuveen launched the ETF in 2021.
The investment seeks to track the investment results, before fees and expenses, of the Nuveen ESG USA High Dividend Yield Index (the “Index”).
The index is comprised of high dividend paying equity securities issued by companies listed on U.S. exchanges that meet certain environmental, social, and governance (“ESG”) criteria. 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.
About Nuveen ESG Dividend ETF (NUDV)
There are 3 members of the management team with an average tenure of 3.03 years: Philip Campagna (2021), Darren Tran (2024) and Nazar Romanyak (2024). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: MSCI USA NR USD index with a weighting of 100% and Nuveen ESG USA HIGH DIV YIELD TR USD index with a weighting of 100%. Nuveen ESG Dividend ETF has 85 securities in its portfolio. The top 10 holdings constitute 22.8% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is considered to have an ESG focus with its investment selection and management.
Nuveen ESG Dividend ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. Nuveen ESG Dividend ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 100.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Nuveen ESG Dividend ETF has 0.0% of the portfolio in cash.
Assets Under Management
The fund has $50 million in total assets, which is below the $5 billion average for the Large Value category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
NUDV Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Nuveen ESG Dividend ETF expense ratio is below average compared to funds in the Large Value category. Nuveen ESG Dividend ETF has an expense ratio of 0.26%, which is 30% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Nuveen ESG Dividend ETF has a portfolio turnover rate of 66%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 40% for the Large Value category.
Recently, in the month of July 2026, Nuveen ESG Dividend ETF returned 2.8%, which earned it a grade of C, as the Large Value category had an average return of 2.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Nuveen ESG Dividend ETF has a trailing yield of 2.10%, which is above the 1.70% category average.
The fund normally distributes its income quarterly.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Nuveen ESG Dividend ETF Grades
Year to date, the ETF has returned 13.5%, 0.9 percentage points worse than the category, which translates into a grade of C. The fund has returned 21.6% over the past year (grade of D) and 14.2% over the past three years (grade of D).
For more ETF grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.
Otherwise, for more information about Nuveen ESG Dividend ETF, including its riskiness, submit your email to unlock the rest of the article.
Gain access to exclusive AAII member-only content.
NUDV Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| NUDV Return (NAV) | 2.8% | 4.0% | 21.6% | 14.2% | na | na |
| NUDV Return (Price) | 2.9% | 4.1% | 21.9% | 14.3% | na | na |
| NAV +/- Price Return | -0.102% | -0.125% | -0.293% | -0.083% | na | na |
| Large Value Avg | 2.4% | 5.9% | 24.1% | 16.3% | 11.3% | 12.1% |
| NUDV Grade (NAV) | C | F | D | D | na | na |
| +/- Category (NAV) | 0.4% | -1.9% | -2.4% | -2.1% | na | na |
| NUDV Tax-Cost Ratio | na | na | 0.8% | 1.4% | na | na |
NUDV Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| NUDV Return (NAV) | 13.5% | 10.8% | 13.9% | 10.2% | -7.1% | na | na | na | na | na | na |
| NUDV Return (Price) | 13.6% | 10.8% | 14.1% | 10.1% | -7.3% | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.004% | -0.006% | 0.021% | -0.005% | 0.023% | na | na | na | na | na | na |
| Large Value Avg | 14.4% | 14.8% | 15.5% | 13.1% | -6.5% | 26.7% | 5.4% | 27.4% | -6.6% | 17.7% | 15.7% |
| NUDV Grade (NAV) | C | D | D | D | C | na | na | na | na | na | na |
| +/- Category | -0.9% | -4.0% | -1.6% | -2.9% | -0.6% | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | 0.74 |
| R-Squared: | 55% |
| Standard Deviation: | 13.1% |
| Category Risk Index: | 1.07 |
| Category Risk Rating: | High |
| Total Risk Index: | 1.07 |
| Total Risk Rating: | Average |
| Portfolio Characteristics | |
| Yield: | 2.1% |
| Total Assets: | $ 50 Mil |
| Share Class Assets: | $ 50 Mil |
| Turnover: | 66.0% |
| Expense Ratio: | 0.26% |
| Index Fund: | Yes |
| Index Tracked: | MSCI USA NR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | Yes |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 4.8 years | |||
| Average Tenure: 3.0 years | |||
| Managers (Year): Campagna Philip (2021), Tran Darren (2024), Romanyak Nazar (2024) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 85 |
| % in Top 10 Holdings: | 22.8% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 100.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.0% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Nuveen |
| Phone Number: | 888-290-9881 |
| Website: | http://www.nuveen.com |
| Inception Date: | September 27, 2021 |
Expenses and Fees
| Expense Ratio (%): | 0.26% (Rating: Below Avg) |
| Category Average Expense Ratio (%): | 0.37% |
