Nuveen ESG Mid-Cap Growth ETF
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$43.67
- Net Assets:$0 Million
- NAV:$44.12
- Premium-1.02%
- Peer Rank:342 of 397
- Investment Rating:D+
- Performance:C
- RiskC
We rate Nuveen ESG Mid Cap Growth at D+. Negative factors that influence this rating include a high price volatility. The fund may be considered for investors seeking an Equity Income strategy.
Total return ranks below peers over the last three years. The Nuveen ESG Mid Cap Growth has returned an annual rate of 11.64% since inception. More recently, the fund has generated a total return of 11.63% in the last five years, 1.38% in the last three years, and 13.31% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 83% of them. It has also outpaced 42% of its competitors on a three year basis and 62% of them over the last year for the period ending 2/29/2024. On a year to date basis, NUMG has returned 4.18%.
Downside risk has been above average. NUMG has a draw down risk of -42.87%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 22.7%. This fund has experienced a high level of volatility in its monthly performance over the last 36 months.
Low expense ratio helps performance. As NUMG is an exchange traded fund, it has no front end or back end load.
The Nuveen ESG Mid Cap Growth is managed by Lei Liao at Nuveen Fund Advisors LLC. This fund is one of 62 Nuveen Fund Advisors LLC exchange-traded funds launched since 6/17/1987 that we track.