(NUDM) NuShares Trust - Nuveen - Ratings and Ratios

The Nuveen ESG International Developed Markets Equity ETF (NUDM) is designed to track the performance of a specific index that focuses on equity securities from developed markets outside the US, filtered through Environmental, Social, and Governance (ESG) criteria. This means the fund invests in companies that not only meet certain financial performance thresholds but also adhere to sustainable and responsible business practices as defined by MSCI ESG Research, Inc.

By concentrating on ESG-compliant companies, NUDM offers investors a way to align their investments with their values, potentially reducing exposure to companies with higher ESG risks. The funds strategy involves replicating the underlying index, which implies a diversified portfolio across various sectors and geographies within developed international markets, excluding the US.

Given the current technical indicators, such as the last price being above both the 20-day and 50-day Simple Moving Averages (SMA20 and SMA50), and significantly above the 200-day SMA, the trend for NUDM appears bullish. The Average True Range (ATR) indicates a relatively stable volatility profile. Combining these technical signals with the fundamental data, such as the Assets Under Management (AUM) of $555.81M, suggests a stable and sizable fund.

Forecasting future performance involves analyzing both the technical and fundamental data. With the SMA20 at $34.73, SMA50 at $33.85, and the current price at $35.10, theres an indication of a short-term uptrend. If the fund continues to be supported by its ESG-focused investment strategy and the overall trend in international developed markets remains positive, NUDM could potentially continue its upward trajectory. However, any significant deviation from its current technical indicators or a downturn in the ESG-compliant segment of the international equity market could impact its performance.

Investors should monitor the funds tracking efficiency against its index, fees, and the evolving ESG landscape. As ESG investing continues to gain traction, funds like NUDM are likely to remain in focus. The key will be whether the underlying index continues to outperform or keep pace with broader international equity markets, making NUDM an attractive option for those seeking ESG-aligned investments.