USMV vs. NUDV ETF Comparison

Comparison of iShares MSCI USA Minimum Volatility ETF (USMV) to Nuveen ESG Dividend ETF (NUDV)

USMV

iShares MSCI USA Minimum Volatility ETF

USMV Description

The investment seeks the investment results of an index composed of U.S. equities that, in the aggregate, have lower volatility characteristics relative to the broader U.S. equity market. 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. The underlying index follows a rules-based methodology to determine weights for securities in the index that seeks to minimize total risk of the MSCI USA Index. Components primarily include consumer staples, healthcare and information technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$92.96

Average Daily Volume

1,638,518

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

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

$30.31

Average Daily Volume

6,427

Number of Holdings ^*

120

* may have additional holdings in another (foreign) market

Performance

Period	USMV	NUDV
30 Days	0.94%	1.81%
60 Days	2.29%	3.33%
90 Days	3.46%	5.78%
12 Months	24.96%	30.06%

36 Overlapping Holdings

Symbol	Grade	Weight in USMV	Weight in NUDV	Overlap
ADP	A	0.09%	1.61%	0.09%
AIZ	A	0.32%	0.21%	0.21%
AMGN	F	0.59%	1.38%	0.59%
ATO	A	0.06%	0.43%	0.06%
BMY	B	0.49%	1.65%	0.49%
BR	A	0.05%	0.52%	0.05%
CI	D	0.21%	1.35%	0.21%
CL	D	0.41%	1.18%	0.41%
CMCSA	B	0.39%	1.62%	0.39%
CPB	D	0.33%	0.17%	0.17%
CSCO	B	1.47%	1.83%	1.47%
DGX	A	0.11%	0.34%	0.11%
ED	C	1.13%	0.65%	0.65%
GILD	C	0.94%	1.71%	0.94%
HD	B	0.3%	2.06%	0.3%
HIG	B	0.12%	0.67%	0.12%
HRL	D	0.21%	0.18%	0.18%
IBM	C	1.66%	1.64%	1.64%
JNJ	C	1.18%	1.83%	1.18%
JNPR	D	0.45%	0.24%	0.24%
K	A	0.8%	0.43%	0.43%
KDP	F	0.59%	0.69%	0.59%
KHC	F	0.38%	0.39%	0.38%
KMB	C	0.21%	0.85%	0.21%
KO	D	0.1%	1.57%	0.1%
KR	B	0.61%	0.79%	0.61%
MMC	B	1.11%	1.4%	1.11%
MRK	D	1.01%	1.48%	1.01%
NEM	D	0.46%	0.92%	0.46%
NTAP	C	0.22%	0.48%	0.22%
PEP	F	1.01%	1.53%	1.01%
PFE	F	0.2%	1.35%	0.2%
STX	C	0.16%	0.38%	0.16%
TRV	B	1.15%	1.14%	1.14%
TXN	C	1.39%	1.6%	1.39%
VZ	C	1.35%	1.49%	1.35%

USMV Overweight 134 Positions Relative to NUDV

Symbol	Grade	Weight
TMUS	B	1.95%
MSI	B	1.81%
WMT	A	1.78%
PGR	A	1.67%
WCN	A	1.56%
RSG	A	1.55%
BRK.A	B	1.55%
DUK	C	1.49%
CB	C	1.47%
APH	A	1.44%
WM	B	1.44%
NOC	D	1.43%
SO	C	1.35%
MCK	A	1.35%
MSFT	D	1.34%
UNH	B	1.34%
ORCL	A	1.31%
ROP	B	1.3%
ACN	B	1.29%
AJG	A	1.27%
MCD	D	1.25%
LLY	F	1.25%
PG	C	1.23%
AVGO	D	1.19%
ABBV	F	1.04%
GDDY	A	1.0%
AAPL	C	0.99%
AZO	C	0.98%
V	A	0.9%
EA	A	0.89%
FCNCA	A	0.88%
CBOE	C	0.85%
LMT	D	0.82%
WEC	A	0.78%
CTSH	B	0.76%
NOW	A	0.75%
T	A	0.74%
TSN	B	0.71%
MA	B	0.7%
VRTX	D	0.69%
FI	A	0.69%
ORLY	B	0.68%
ACGL	C	0.68%
COR	B	0.67%
NVDA	B	0.67%
GIS	D	0.66%
VRSN	C	0.64%
FICO	B	0.59%
REGN	F	0.59%
TDY	B	0.57%
BDX	F	0.56%
KEYS	A	0.55%
FANG	C	0.55%
FFIV	B	0.55%
MPC	D	0.54%
INCY	C	0.53%
AON	A	0.53%
CME	B	0.53%
PTC	B	0.52%
ELV	F	0.52%
YUM	D	0.5%
XEL	A	0.46%
UBER	F	0.45%
TJX	A	0.45%
XOM	B	0.45%
MDLZ	F	0.44%
WDAY	B	0.43%
EG	C	0.43%
ERIE	D	0.42%
VRSK	A	0.42%
CHD	A	0.4%
HUM	C	0.4%
BAH	F	0.39%
AEP	C	0.39%
AKAM	D	0.39%
WTW	B	0.38%
CTVA	C	0.38%
ROL	B	0.36%
IT	C	0.35%
AFG	A	0.35%
GEN	B	0.35%
CDW	F	0.35%
CVX	A	0.34%
MKL	A	0.34%
GRMN	B	0.33%
NBIX	C	0.32%
WMB	A	0.31%
WRB	A	0.31%
GLW	B	0.31%
FWONK	A	0.31%
HSY	F	0.3%
ANET	C	0.29%
ICE	C	0.28%
L	A	0.28%
HON	C	0.25%
AEE	A	0.24%
HUBS	A	0.24%
ADI	D	0.23%
D	C	0.23%
AZPN	A	0.23%
ALNY	D	0.22%
BMRN	F	0.22%
TW	A	0.2%
DTE	C	0.2%
PKG	A	0.2%
DPZ	C	0.19%
CRWD	B	0.19%
CMS	C	0.19%
CDNS	B	0.18%
MELI	C	0.18%
MOH	F	0.18%
SNPS	B	0.18%
EOG	A	0.17%
HOLX	D	0.16%
LIN	C	0.16%
GOOG	C	0.16%
UTHR	C	0.14%
AMZN	C	0.14%
MDT	D	0.13%
DELL	B	0.12%
OXY	D	0.12%
LNT	A	0.1%
RTX	D	0.09%
ABT	B	0.09%
OTIS	C	0.07%
TEL	B	0.07%
PSX	C	0.06%
FSLR	F	0.06%
KNX	C	0.06%
VLO	C	0.05%
CRM	B	0.05%
GD	D	0.05%
ULTA	F	0.04%
CVS	D	0.04%

USMV Underweight 84 Positions Relative to NUDV

Symbol	Grade	Weight
BAC	A	-2.01%
MS	A	-1.85%
GS	A	-1.77%
CAT	B	-1.71%
LOW	C	-1.61%
PNC	B	-1.59%
C	A	-1.58%
INTC	C	-1.55%
WELL	A	-1.53%
USB	A	-1.52%
ITW	B	-1.46%
DE	B	-1.44%
EQIX	A	-1.44%
TGT	F	-1.38%
UPS	C	-1.37%
COF	C	-1.37%
MMM	D	-1.33%
FDX	B	-1.29%
AMT	C	-1.21%
OKE	A	-1.21%
AFL	B	-1.15%
NXPI	D	-1.11%
JCI	B	-1.11%
BK	A	-1.1%
PSA	C	-1.01%
MET	A	-0.96%
FIS	C	-0.94%
CMI	A	-0.93%
PAYX	B	-0.92%
PRU	A	-0.87%
CCI	C	-0.86%
DFS	B	-0.86%
BKR	A	-0.84%
EXC	C	-0.73%
HPQ	B	-0.7%
IRM	C	-0.65%
AVB	B	-0.63%
FITB	B	-0.62%
ROK	C	-0.61%
CAH	B	-0.58%
TSCO	D	-0.58%
STT	B	-0.55%
PPG	F	-0.55%
HPE	B	-0.54%
AWK	C	-0.5%
ADM	D	-0.49%
SYF	B	-0.49%
RF	A	-0.46%
SBAC	D	-0.45%
IFF	D	-0.44%
NTRS	A	-0.42%
ES	C	-0.41%
STLD	B	-0.41%
PFG	D	-0.39%
CLX	A	-0.39%
MKC	C	-0.37%
BBY	D	-0.36%
TFC	A	-0.35%
IEX	C	-0.33%
OC	A	-0.32%
WSM	C	-0.32%
AVY	F	-0.31%
EQH	C	-0.3%
DOC	C	-0.29%
POOL	C	-0.27%
CHRW	B	-0.25%
REG	A	-0.25%
HBAN	A	-0.25%
CAG	F	-0.25%
ALLE	C	-0.24%
BG	D	-0.24%
BXP	C	-0.23%
DKS	D	-0.22%
LW	C	-0.22%
IPG	D	-0.21%
LKQ	F	-0.2%
ALLY	C	-0.19%
WTRG	B	-0.19%
TTC	C	-0.17%
CNH	C	-0.17%
BBWI	C	-0.13%
PARA	C	-0.13%
DINO	D	-0.13%
FOX	A	-0.12%