NuShares ETF Trust (NHYM)

Overview

NuShares ETFs no longer exist. They were acquired by Goldman Sachs and their ETFs were re-branded as Goldman Sachs ETFs. These were a series of ETFs focused on various factor-based strategies and socially responsible investing.

Reputation and Reliability

Prior to the acquisition, Nuveen was a well-regarded asset manager with a long history. Goldman Sachs Asset Management is a reputable and established global investment firm.

Management Expertise

The management expertise now resides within Goldman Sachs Asset Management, leveraging their extensive experience in ETF management and factor-based investing.

Goal

Varies depending on the specific NuShares ETF; typically to outperform a broad market index by focusing on specific factors or social responsibility criteria.

Investment Approach and Strategy

Strategy: Focused on factor-based investing (e.g., value, momentum, quality, size) and/or socially responsible investing (ESG).

Composition Varied depending on the specific ETF, including stocks across different market capitalizations and sectors. Holdings were screened based on factor or ESG criteria.

Market Share: Data not available as NuShares ETFs no longer exist under that name.

Total Net Assets (AUM): Data not available as NuShares ETFs no longer exist under that name. Assets are now managed within Goldman Sachs ETFs.

Key Competitors

• IVV
• SPY
• VTI
• ESGU

Competitive Landscape

The ETF industry is highly competitive, with numerous providers offering similar factor-based or ESG strategies. NuShares ETFs competed by providing specific factor exposures or ESG screens. Advantages would have been factor tilts or ESG themes. Disadvantages could be higher expense ratios or tracking error relative to broad market ETFs.

Historical Performance: Historical performance data is no longer directly available under the NuShares brand. Performance should now be evaluated under the respective Goldman Sachs ETF.

Benchmark Comparison: Benchmark comparison now depends on the corresponding Goldman Sachs ETF.

Expense Ratio: Expense ratios varied across NuShares ETFs; refer to the expense ratios of the corresponding Goldman Sachs ETFs.

Average Trading Volume

Trading volume of the current Goldman Sachs ETFs should be analyzed for liquidity information.

Bid-Ask Spread

Bid-ask spread of the current Goldman Sachs ETFs should be analyzed to understand trading costs.

Market Environment Factors

Economic conditions, interest rates, market sentiment, and investor demand for factor-based and ESG strategies impact the demand for these types of ETFs.

Growth Trajectory

The growth trajectory now depends on the success and market acceptance of the rebranded Goldman Sachs ETFs.

Competitive Edge

NuShares ETFs, before being acquired, attempted to differentiate themselves through unique factor combinations or specific ESG screens. The competitive advantage of the Goldman Sachs ETFs may depend on their brand recognition, distribution network, and any enhancements to the underlying investment strategies compared to NuShares. The advantage might stem from GSAM's research capabilities or their ability to attract larger assets due to their brand. Ultimately, it lies in providing better risk-adjusted returns or a more compelling ESG proposition.

Volatility

Volatility depended on the specific holdings of each NuShares ETF. Factor-based ETFs can exhibit higher volatility depending on the factors. ESG ETFs might have lower volatility than some sectors and are more volatile than broad market index ETFs.

Market Risk

Specific risks depend on the underlying assets and market conditions. Factor-based ETFs face the risk that the targeted factors underperform. ESG ETFs face the risk of deviating from market returns due to screening and also face changes in ESG definitions.

Ideal Investor Profile

Investors seeking specific factor exposures (e.g., value, momentum) or aligning their investments with ESG principles might find value in the rebranded Goldman Sachs ETFs.

Market Risk

Suitability depends on the investor's risk tolerance, investment horizon, and preference for factor-based or ESG strategies. Suitable for long-term investors or those seeking to make strategic short-term allocations.

NuShares ETFs were acquired by Goldman Sachs, and their ETFs were re-branded. Investors should now consider the corresponding Goldman Sachs ETFs for similar investment objectives. These ETFs provide exposure to various factor-based and ESG strategies. Before investing in the re-branded ETF, consider the Goldman Sachs ETF's objectives, risks, and expenses. The re-branded ETFs compete in a competitive market with many similar product offerings from well-established firms.

Data Sources:

• Goldman Sachs Asset Management website
• ETF.com
• FactSet
• Morningstar

Disclaimers:

The data provided is based on publicly available information and is for informational purposes only. It is not investment advice. Past performance is not indicative of future results. Market share data is approximate and may vary.