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Launched · SEC filings

Nuveen ESG Emerging Markets Equity ETF

NUEMCboeNuveenB

$38.05−0.25 (−0.65%)

As of Nov 10, 2026, 11:21 AM ET

B62/ 100

Rank 8 of 12 in Emerging Markets ESG & Values Index

B62/100Rank 8 of 12inEmerging Markets ESG & Values Index
Intraday session: down, 23 prints from 38.30 to 38.05. Range 37.98 to 38.41. Use the arrow keys to read each point.38.0038.2038.4010 AM12 PM2 PM4 PM
Expense ratio
0.36%
Fund size
$431M
1Y total return
+8.6%
Yield · Last 12 months
3.32%
Holdings
192
Avg volume · 30D
58.9K sh
52W range
low $33.47high $44.66
Launched
Filings
SEC EDGAR

The ETF.net NUEM Grade

Based on 5 of 6 pillars

B

Score 62 out of 100

Category
Emerging Markets ESG & Values Index⁠
Rank
8 of 12
Six-pillar profile for NUEM. Scores out of 100: Cost 46, Risk 48, Mission 100, Tradability 46, Holdings not scored, Durability 68. Strongest: Mission (100). Weakest: Tradability (46). Based on 5 of 6 pillars.

Score 62 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C46 out of 100
    Rank 7 of 12

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 10

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C48 out of 100
    Rank 8 of 12

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C46 out of 100
    Rank 7 of 12

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B68 out of 100
    Rank 5 of 12

Our read on NUEM

ETF.net Research

In short

BMost ESG emerging-market funds license an MSCI screen. NUEM runs TIAA's own index instead, cutting to roughly 190 names rather than shaving a few off the broad benchmark.

Stated mandate

The fund seeks to track, before fees and expenses, the TIAA ESG Emerging Markets Equity Index. That index consists of listed equity securities and related depositary receipts from emerging-market countries whose issuers meet specified ESG criteria.

Why people hold it

  • Tracks the TIAA ESG Emerging Markets Equity Index, an in-house rulebook, while the biggest names in the group (ESGE, LDEM, EEMX) all run MSCI screens.
  • Roughly 190 stocks, so the ESG screen actually bites: a filtered slice of emerging markets, not the whole index with a light green tint.
  • Running since 2017, and its holdings line up with the ESG emerging-markets mandate spelled out in its prospectus. No mission drift.

Worth knowing

  • At 0.36% the fee sits at the middle of this group, above LDEM at 0.16% and ESGE at 0.25%.
  • Thinly traded, so bid-ask spreads can widen and the fill on a market order can sit away from the fund's underlying value.
  • Distributions arrive once or twice a year, not monthly.

NUEM Performance

Launched Jun 6, 2017

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.
NUEM$10,863
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,339
Nov 7, 2025 to Nov 9, 2026. NUEM $10,863. SPY $11,339. Use the arrow keys to read each point.$10,000$11,000$12,000Nov 2025May 2026Nov 2026

Nov 7, 2025 – Nov 9, 2026

Returns run to the Nov 9, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for NUEM. Periods over one year show the average yearly return.
PeriodNUEM
Year to date+7.7%
1 month−9.5%
3 months−8.1%
1 year+8.6%
3 yearsper year+17.1%
5 yearsper year+4.6%
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for NUEM
YearReturn barNUEM
2026 YTD+7.7%
2025+27.1%
2024+9.8%
2023+8.5%
2022−19.7%
2021−1.1%
2020+24.1%

NUEM in the news

NUEM Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 9, 2026.
3.32%Last 12 months
Payout per share
$1.27Last 12 months
Last payment
$1.27 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2017–2026

One bar per payment. 9 payments from 2017 to 2026 YTD. Dec 26, 2017 $0.18; Dec 26, 2018 $0.49; Dec 27, 2019 $0.54; Dec 17, 2020 $0.42; Dec 16, 2021 $0.79; Dec 15, 2022 $0.48; Dec 14, 2023 $0.64; Dec 18, 2024 $0.57; Dec 18, 2025 $1.27. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Dec 18, 2025Dec 19, 2025$1.27
Dec 18, 2024Dec 19, 2024$0.57
Dec 14, 2023Dec 18, 2023$0.64
Dec 15, 2022Dec 19, 2022$0.48
Dec 16, 2021Dec 20, 2021$0.79
Dec 17, 2020Dec 21, 2020$0.42
Dec 27, 2019Dec 31, 2019$0.54
Dec 26, 2018Dec 31, 2018$0.49
Dec 26, 2017Dec 29, 2017$0.18

$10,000 in NUEM 5 years ago paid $1,076 in dividends.

NUEM Risk

Risk pillarC48 out of 100Rank 8 of 12 in Emerging Markets ESG & Values Index
How much the fund’s monthly returns vary, scaled to a year.
14.9%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.93
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−34.1%
Trough Oct 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.04
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

NUEM Cost

Compare NUEM and EMCS

Overpaying vs EMCS, tied cheapest in Emerging Markets ESG & Values Index

$4,183

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • NUEM 0.36%

    $7,320

  • EMCS 0.15% Tied cheapest

    $3,137

$10,000
30 years

Cost over time

  • NUEM 0.36%
  • EMCS 0.15%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530NUEM $7,320EMCS $3,137

Year by year

YearNUEMEMCSOverpaying
10$652$274$378
20$2,522$1,071$1,451
30$7,320$3,137$4,183

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