Nuueven ESG Large-Cap Value ETF (NULV) Assessment: A Smart Beta Fund for the Modern Investor

The Nuveen ESG Large-Cap Value ETF (NULV) is a smart beta ETF launched in 2016 that tracks the TIAA ESG USA Large-Cap Value Index. It offers broad exposure to the Style Box - Large Cap Value category of the market and has amassed assets over $1.78 billion. The fund has an expense ratio of 0.26% and a 12-month trailing dividend yield of 1.93%. It has a heavy allocation in the Financials sector and top holdings include Procter & Gamble Co/the, Bank Of America Corp, and International Business Ma.

The Nuveen ESG Large-Cap Value ETF (NULV), launched on December 13, 2016, is a smart beta exchange-traded fund (ETF) that tracks the TIAA ESG USA Large-Cap Value Index. This ETF offers broad exposure to the Style Box - Large Cap Value category of the market and has amassed assets over $1.78 billion [1].

With an expense ratio of 0.26%, NULV is on par with most peer products in the space, making it an attractive option for cost-conscious investors. Additionally, its 12-month trailing dividend yield of 1.93% provides a modest income stream [1]. The fund's heaviest allocation is in the Financials sector, with about 22.2% of the portfolio, followed by Healthcare and Industrials [1]. Top holdings include Procter & Gamble Co (PG), Bank Of America Corp (BAC), and International Business Machines Corp (IBM) [1].

NULV's performance has been solid, gaining about 8.46% so far this year and approximately 11.83% in the last one year (as of August 15, 2025). The fund's standard deviation of 14.28% over the trailing three-year period indicates moderate risk [1]. With about 108 holdings, NULV effectively diversifies company-specific risk [1].

While NULV is a reasonable option for investors seeking to outperform the Style Box - Large Cap Value segment of the market, there are other ETFs in the space that investors could consider. For instance, the Vanguard ESG U.S. Stock ETF (ESGV) and the iShares ESG Aware MSCI USA ETF (ESGU) are both popular choices with lower expense ratios [1].

References:
[1] https://finance.yahoo.com/quote/NUMV/
[2] https://finance.yahoo.com/news/nuveen-esg-large-cap-value-102002512.html