NULC vs. OUSA ETF Comparison

Comparison of Nuveen ESG Large-Cap ETF (NULC) to O'Shares FTSE U.S. Quality Dividend ETF (OUSA)

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

$46.17

Average Daily Volume

1,229

Number of Holdings ^*

121

* may have additional holdings in another (foreign) market

OUSA

O'Shares FTSE U.S. Quality Dividend ETF

OUSA Description

The investment seeks to track the performance (before fees and expenses) of its target index, the FTSE US Qual / Vol / Yield Factor 5% Capped Index (the "target index"). The U.S. target index is designed to measure the performance of publicly-listed large-capitalization and mid-capitalization dividend-paying issuers in the United States that meet certain market capitalization, liquidity, high quality, low volatility and dividend yield thresholds, as determined by FTSE-Russell (the "index provider"). Under normal market conditions, the fund will invest at least 80% of its total assets in the components of the U.S. target index.

Grade (RS Rating)

Last Trade

$53.57

Average Daily Volume

33,068

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	NULC	OUSA
30 Days	4.13%	2.40%
60 Days	11.21%	9.88%
90 Days	4.10%	7.36%
12 Months	34.25%	30.92%

33 Overlapping Holdings

Symbol	Grade	Weight in NULC	Weight in OUSA	Overlap
A	B	0.22%	0.19%	0.19%
ADP	A	0.95%	0.7%	0.7%
AMGN	D	1.1%	0.34%	0.34%
CBOE	B	0.45%	0.32%	0.32%
CMCSA	B	0.74%	3.65%	0.74%
EA	D	0.32%	0.5%	0.32%
EBAY	A	0.5%	0.34%	0.34%
ETN	B	1.61%	0.3%	0.3%
GILD	A	0.67%	0.18%	0.18%
GOOGL	B	3.02%	3.77%	3.02%
HD	A	0.22%	5.24%	0.22%
IBM	A	1.8%	0.6%	0.6%
KO	C	1.82%	0.89%	0.89%
KR	C	0.43%	0.08%	0.08%
LLY	D	2.58%	1.07%	1.07%
LOW	C	0.83%	1.48%	0.83%
MA	A	2.11%	3.75%	2.11%
MCD	A	1.29%	3.49%	1.29%
MCO	D	0.31%	0.63%	0.31%
MMC	D	1.43%	2.22%	1.43%
MSFT	D	7.11%	4.93%	4.93%
PEP	F	0.81%	0.85%	0.81%
PG	D	1.52%	2.69%	1.52%
SPGI	C	1.6%	0.44%	0.44%
T	B	0.89%	0.75%	0.75%
TGT	C	1.04%	0.11%	0.11%
TJX	D	1.29%	1.37%	1.29%
TXN	C	0.65%	2.46%	0.65%
UNP	F	0.04%	0.78%	0.04%
UPS	D	1.11%	0.68%	0.68%
V	B	2.07%	4.74%	2.07%
VZ	C	0.24%	0.8%	0.24%
ZTS	C	0.64%	0.53%	0.53%

NULC Overweight 88 Positions Relative to OUSA

Symbol	Grade	Weight
NVDA	B	7.25%
GOOG	B	1.85%
PGR	B	1.59%
DHR	D	1.58%
FI	A	1.55%
TSLA	C	1.45%
HCA	C	1.43%
DIS	D	1.42%
CRM	B	1.39%
MELI	D	1.38%
CARR	A	1.3%
ECL	C	1.29%
MS	A	1.28%
MCK	F	1.2%
AMT	D	1.19%
PNC	C	1.16%
AMAT	C	1.12%
OKE	A	1.11%
INTC	D	1.02%
CMG	C	0.96%
AMD	C	0.91%
C	B	0.88%
LNG	A	0.86%
SNPS	F	0.85%
EXC	C	0.82%
MRVL	C	0.78%
EW	F	0.76%
BKR	B	0.75%
ED	C	0.72%
HPQ	B	0.7%
MMM	C	0.63%
VEEV	C	0.63%
AXON	A	0.6%
ADM	F	0.58%
KEYS	B	0.54%
CDNS	D	0.54%
HPE	B	0.53%
NTAP	D	0.51%
LYB	B	0.49%
AWK	D	0.48%
IRM	B	0.48%
FSLR	C	0.48%
URI	C	0.47%
ADBE	F	0.47%
TRV	B	0.46%
FTV	C	0.45%
STX	C	0.44%
WDC	C	0.44%
WST	D	0.43%
TRU	C	0.42%
EQIX	C	0.41%
STLD	C	0.38%
BKNG	B	0.37%
BALL	C	0.37%
HOLX	D	0.37%
TFC	D	0.35%
J	F	0.35%
TEAM	D	0.35%
VRTX	D	0.31%
TRMB	B	0.3%
DECK	B	0.29%
JNPR	C	0.26%
HOOD	B	0.24%
NEM	C	0.24%
FDX	F	0.21%
GS	B	0.2%
SOLV	C	0.2%
MOS	F	0.18%
MKTX	B	0.18%
DINO	F	0.16%
EME	B	0.16%
PANW	B	0.16%
ACGL	A	0.14%
CAH	B	0.12%
LPLA	D	0.1%
NXPI	F	0.1%
CI	D	0.09%
AKAM	D	0.08%
IT	A	0.07%
WELL	C	0.07%
IDXX	D	0.06%
USB	C	0.06%
WTW	C	0.05%
AZO	D	0.04%
FBIN	C	0.02%
DXCM	F	0.02%
DOV	C	0.01%
BG	F	0.01%

NULC Underweight 67 Positions Relative to OUSA

Symbol	Grade	Weight
AAPL	C	-5.03%
MRK	F	-4.66%
JNJ	D	-4.47%
CSCO	A	-2.84%
ACN	B	-2.75%
UNH	B	-1.84%
ABT	C	-1.44%
ITW	C	-1.31%
LMT	A	-1.17%
CTAS	C	-1.05%
ABBV	C	-1.03%
TMUS	A	-0.93%
COST	C	-0.8%
FAST	C	-0.76%
CB	A	-0.71%
SBUX	B	-0.69%
QCOM	D	-0.66%
HON	C	-0.65%
TROW	D	-0.65%
CAT	A	-0.62%
ORCL	A	-0.62%
MO	D	-0.61%
YUM	C	-0.6%
PM	D	-0.57%
OTIS	A	-0.53%
MSCI	B	-0.52%
PAYX	B	-0.5%
BLK	A	-0.5%
TEL	D	-0.47%
NKE	D	-0.46%
WMT	A	-0.45%
AVGO	B	-0.43%
GRMN	D	-0.43%
JPM	C	-0.41%
CTSH	B	-0.4%
APH	D	-0.39%
CL	D	-0.37%
AON	A	-0.36%
PCAR	D	-0.36%
WM	B	-0.36%
MSI	A	-0.34%
GD	C	-0.33%
TSCO	A	-0.32%
MDT	C	-0.3%
CSX	D	-0.29%
SYK	C	-0.29%
GWW	B	-0.26%
MDLZ	D	-0.26%
HSY	D	-0.25%
TT	A	-0.24%
ELV	F	-0.24%
KMB	D	-0.22%
SNA	C	-0.22%
DE	C	-0.22%
EXPD	D	-0.17%
GGG	C	-0.16%
IEX	D	-0.16%
ADI	B	-0.16%
INTU	F	-0.15%
TMO	D	-0.15%
VRSK	D	-0.14%
CMI	A	-0.14%
NOC	B	-0.14%
AME	C	-0.13%
GIS	C	-0.12%
KVUE	C	-0.08%
CHD	D	-0.06%