|
Annual Shareholder Report October 31,
2025 |
Cost
of a
$10,000
investment |
Costs paid as a percentage of $10,000 investment* | |||
|
Nuveen
ESG Dividend ETF |
$ |
|||
|
Performance
Highlights
• The
Nuveen ESG Dividend ETF (NUDV)’s total return at net asset value (NAV) was
4.75% for the 12 months ended October 31, 2025. The Fund’s custom
index, the Nuveen ESG USA High Dividend Yield Index, returned
5.02%. • The
difference between the Fund’s total return at NAV and that of the custom
index is attributable to management fees and other expenses incurred by
the Fund that are not incurred by the custom index. • During
the reporting period, the Fund’s custom index significantly underperformed
the Fund’s base index, the MSCI USA Index, which returned
21.89%. • Performance
drivers between the Fund’s custom index and base index during the
reporting period: • Top
contributors to the custom index’s relative performance • An
overweight to Citigroup Inc. • An
overweight to Caterpillar Inc. • An
overweight to Goldman Sachs Group, Inc. • Top
detractors from the custom index’s relative performance • An
underweight and security selection in the information technology sector,
including a lack of exposure to Broadcom Inc. and NVIDIA
Corporation. • An
overweight and security selection in the consumer staples sector,
including overweights to Proctor & Gamble Company, Target
Corporation, and Kenvue, Inc. • An
overweight and security selection in the real estate sector, including
overweights to American Tower Corporation, Equinix, Inc., and Iron
Mountain, Inc. |
| 1 | continued>> |
| 1-Year | Since Inception ( | |||
|
|
||||
|
|
||||
|
|
||||
|
Fund
net assets |
$ |
|||
|
Total
number of portfolio holdings |
||||
|
Portfolio
turnover (%) |
||||
|
Total
management fees paid for the year |
$ |
|||
| 2 | continued>> |
| • |
prospectus
• financial statements and other information • fund
holdings • proxy voting information |
|
67092P813_AR_1025
4967301 |
|
| 3 |
|
Annual Shareholder Report October 31,
2025 |
Cost
of a
$10,000
investment |
Costs paid as a percentage of $10,000 investment* | |||
|
Nuveen
ESG Emerging Markets Equity ETF |
$ |
|||
|
Performance
Highlights
• The
Nuveen ESG Emerging Markets Equity ETF (NUEM)’s total return at net asset
value (NAV) was 24.42% for the 12 months ended October 31, 2025. The
Fund’s custom index, the Nuveen ESG Emerging Markets Equity Index,
returned 24.94%. • The
difference between the Fund’s total return at NAV and that of the custom
index is attributable to management fees and other expenses incurred by
the Fund that are not incurred by the custom index, along with fair value
pricing of the Fund’s international securities. • A
non‑U.S. Equity Fund’s return may sometimes diverge from the return of its
benchmark index more than would be expected. This may be the result of a
fair-value pricing adjustment. Many foreign exchanges close before the
Fund’s daily net asset value (NAV) is calculated (generally 4 p.m. ET). In
the intervening hours, the value of foreign securities can change, and
these changes are not reflected immediately in the Fund’s benchmark index.
They may, however, be reflected in the calculation of the Fund’s NAV for
that day. • During
the reporting period, the Fund’s custom index underperformed the Fund’s
base index, the MSCI Emerging Markets Index (Net), which returned
27.91%. • Performance
drivers between the Fund’s custom index and base index during the
reporting period: • Top
contributors to the custom index’s relative performance • Security
selection in the industrials sector, led by overweights to SK Square,
Ltd., Bharat Electronics Limited, and LS Electric Co.,
Ltd. • Security
selection in the financials sector, led by overweights to Agricultural
Bank of China Limited and Industrial and Commercial Bank of China
Limited. • Top
detractors from the custom index’s relative performance • Security
selection in the consumer discretionary sector, including a lack of
exposure to Alibaba Group Holding Limited and overweights to Meituan and
Trent Limited. • Security
selection in the materials sector, including overweights to LG Chem Ltd.,
Pidilite Industries Limited, and Asian Paints Ltd. • An
underweight and security selection in the information technology sector,
including a lack of exposure to SK Hynix Inc. and Samsung Electronics Co.,
Ltd. |
| 1 | continued>> |
| 1‑Year | 5‑Year | Since Inception ( | ||||
|
|
||||||
|
|
||||||
|
|
||||||
|
Fund
net assets |
$ |
|||
|
Total
number of portfolio holdings |
||||
|
Portfolio
turnover (%) |
||||
|
Total
management fees paid for the year |
$ |
|||
| 2 | continued>> |
| 3 | continued>> |
| • |
prospectus
• financial statements and other information • fund
holdings • proxy voting information |
|
67092P888_AR_1025
4966915 |
|
| 4 |
|
Annual Shareholder Report October 31,
2025 |
Cost
of a
$10,000
investment |
Costs paid as a percentage of $10,000 investment* | |||
|
Nuveen
ESG International Developed Markets Equity ETF |
$ |
|||
|
Performance
Highlights
• The
Nuveen ESG International Developed Markets Equity ETF (NUDM)’s total
return at net asset value (NAV) was 23.63% for the 12 months ended
October 31, 2025. The Fund’s custom index, the Nuveen ESG
International Developed Markets Equity Index, returned
24.05%. • The
difference between the Fund’s total return at NAV and that of the custom
index is attributable to management fees and other expenses incurred by
the Fund that are not incurred by the custom index, along with fair value
pricing of the Fund’s international securities. • A
non‑U.S. Equity Fund’s return may sometimes diverge from the return of its
benchmark index more than would be expected. This may be the result of a
fair-value pricing adjustment. Many foreign exchanges close before the
Fund’s daily net asset value (NAV) is calculated (generally 4 p.m. ET). In
the intervening hours, the value of foreign securities can change, and
these changes are not reflected immediately in the Fund’s benchmark index.
They may, however, be reflected in the calculation of the Fund’s NAV for
that day. • During
the reporting period, the Fund’s custom index outperformed the Fund’s base
index, the MSCI EAFE Index (Net), which returned 23.03%. • Performance
drivers between the Fund’s custom index and base index during the
reporting period: • Top
contributors to the custom index’s relative performance • Security
selection in the communication services sector, led by overweights to
SoftBank Group Corp. and Vodafone Group Public Limited. • Security
selection in the financials sector, led by an underweight to Sony
Financial Group Inc. and overweights to Lloyds Banking Group plc and
Intesa Sanpaolo S.p.A. • Security
selection in the consumer staples sector, led by a lack of exposure to
Nestle S.A. and Diageo plc, and an overweight to Ajinomoto Co.,
Inc. • Top
detractors from the custom index’s relative performance • Security
selection in the health care sector, including overweights to Novo Nordisk
A/S, CSL Limited, and Chugai Pharmaceutical Co., Ltd. • Security
selection in the industrials sector, including an overweight to Bunzl plc
and a lack of exposure to Rolls-Royce Holdings plc and Rheinmetall
AG. |
| 1 | continued>> |
| 1‑Year | 5‑Year | Since Inception ( | ||||
|
|
||||||
|
|
||||||
|
|
||||||
|
Fund
net assets |
$ |
|||
|
Total
number of portfolio holdings |
||||
|
Portfolio
turnover (%) |
||||
|
Total
management fees paid for the year |
$ |
|||
| 2 | continued>> |
| 3 | continued>> |
| • |
prospectus
• financial statements and other information • fund
holdings • proxy voting information |
|
67092P805_AR_1025
4966941 |
|
| 4 |
|
Annual Shareholder Report October 31,
2025 |
Cost
of a
$10,000
investment |
Costs
paid as a percentage of
$10,000
investment* | |||
|
Nuveen
ESG Large‑Cap ETF |
$ |
|||
|
Performance
Highlights
• The
Nuveen ESG Large‑Cap ETF (NULC)’s total return at net asset value (NAV)
was 17.72% for the 12 months ended October 31, 2025. The Fund’s
custom index, the Nuveen ESG USA Large‑Cap Index, returned
17.98%. • The
difference between the Fund’s total return at NAV and that of the custom
index is attributable to management fees and other expenses incurred by
the Fund that are not incurred by the custom index. • During
the reporting period, the Fund’s custom index significantly underperformed
the Fund’s base index, the MSCI USA Index, which returned
21.89%. • Performance
drivers between the Fund’s custom index and base index during the
reporting period: • Top
contributors to the custom index’s relative performance • Security
selection in the health care sector, led by a lack of exposure to
UnitedHealth Group Incorporated and an overweight to McKesson
Corporation. • Security
selection in the real estate sector, led by an overweight to Welltower
Inc. • Top
detractors from the custom index’s relative performance • Security
selection in the communication services sector, including underweights to
Alphabet Inc. and Netflix, Inc. • Security
selection in the information technology sector, including a lack of
exposure to Palantir Technologies Inc. and an underweight to Broadcom
Inc. • Security
selection in the consumer discretionary sector, including an underweight
to Tesla, Inc. and a lack of exposure to Amazon.com,
Inc. |
| 1 | continued>> |
| 1‑Year | 5‑Year | Since Inception ( |
||||||||||
|
|
% | % | % | |||||||||
|
|
% | % | % | |||||||||
|
|
% | % | % | |||||||||
| 2 | continued>> |
|
Fund
net assets |
$ |
|||
|
Total
number of portfolio holdings |
||||
|
Portfolio
turnover (%) |
||||
|
Total
management fees paid for the year |
$ |
|||
| 3 | continued>> |
| • |
prospectus
• financial statements and other information • fund
holdings • proxy voting information |
|
67092P862_AR_1025
4966988 |
|
| 4 |
|
Annual Shareholder Report October 31,
2025 |
Cost
of a
$10,000
investment |
Costs
paid as a percentage of
$10,000
investment* | |||
|
Nuveen
ESG Large‑Cap Growth ETF |
$ |
|||
|
Performance
Highlights
• The
Nuveen ESG Large‑Cap Growth ETF (NULG)’s total return at net asset value
(NAV) was 23.51% for the 12 months ended October 31, 2025. The Fund’s
custom index, the Nuveen ESG USA Large‑Cap Growth Index, returned
23.96%. • The
difference between the Fund’s total return at NAV and that of the custom
index is attributable to management fees and other expenses incurred by
the Fund that are not incurred by the custom index. • During
the reporting period, the Fund’s custom index significantly underperformed
the Fund’s base index, the MSCI USA Growth Index, which returned
34.61%. • Performance
drivers between the Fund’s custom index and base index during the
reporting period: • Top
contributors to the custom index’s relative performance • Security
selection in the health care sector, led by a lack of exposure to
Intuitive Surgical, Inc. and an underweight to McKesson
Corp. • Top
detractors from the custom index’s relative performance • Security
selection in the information technology sector, including a lack of
exposure to Palantir Technologies Inc. and an overweight to Gartner,
Inc. • Security
selection in the communication services sector, including underweights to
Alphabet Inc. and Netflix, Inc. • Security
selection in the consumer discretionary sector, including overweights to
Deckers Outdoor Corporation and Chipotle Mexican Grill,
Inc. |
| 1 | continued>> |
| 1‑Year | 5‑Year | Since Inception ( | ||||
|
|
||||||
|
|
||||||
|
|
||||||
|
|
||||||
| 2 | continued>> |
|
Fund
net assets |
$ |
|||
|
Total
number of portfolio holdings |
||||
|
Portfolio
turnover (%) |
||||
|
Total
management fees paid for the year |
$ |
|||
| 3 | continued>> |
| • |
prospectus
• financial statements and other information • fund
holdings • proxy voting information |
|
67092P201_AR_1025
4966998 |
|
| 4 |
|
Annual Shareholder Report October 31,
2025 |
Cost
of a
$10,000
investment |
Costs paid as a percentage of $10,000 investment* | |||
|
Nuveen
ESG Large‑Cap Value ETF |
$ |
|||
|
Performance
Highlights
• The
Nuveen ESG Large‑Cap Value ETF (NULV)’s total return at net asset value
(NAV) was 11.02% for the 12 months ended October 31, 2025. The Fund’s
custom index, the Nuveen ESG USA Large‑Cap Value Index, returned
11.35%. • The
difference between the Fund’s total return at NAV and that of the custom
index is attributable to management fees and other expenses incurred by
the Fund that are not incurred by the custom index. • During
the reporting period, the Fund’s custom index outperformed the Fund’s base
index, the MSCI USA Value Index, which returned 8.79%. • Performance
drivers between the Fund’s custom index and base index during the
reporting period: • Top
contributors to the custom index’s relative performance • Security
selection in the health care sector, led by a lack of exposure to
UnitedHealth Group Incorporated and an overweight to Cardinal Health,
Inc. • Security
selection in the communications services sector, led by a lack of exposure
to Meta Platforms Inc and an overweight to Electronic Arts
Inc. • An
overweight to Intel Corporation. • Top
detractors from the custom index’s relative performance • Security
selection in the consumer staples sector, including overweights to Kenvue,
Inc. and Target Corporation. • Security
selection in the financials sector, including a lack of exposure to
JPMorgan Chase & Co. and an overweight to Fidelity National
Information Services.
|
| 1 | continued>> |
| 1-Year | 5-Year |
Since Inception
( | ||||
|
|
||||||
|
|
||||||
|
|
||||||
|
|
||||||
| 2 | continued>> |
|
Fund
net assets |
$ |
|||
|
Total
number of portfolio holdings |
||||
|
Portfolio
turnover (%) |
||||
|
Total
management fees paid for the year |
$ |
|||
| 3 | continued>> |
| • |
prospectus
• financial statements and other information • fund
holdings • proxy voting information
|
|
67092P300_AR_1025
4967211 |
|
| 4 |
|
Annual Shareholder Report October 31,
2025 |
Cost
of a
$10,000
investment |
Costs paid as a percentage of $10,000 investment* | |||
|
Nuveen
ESG Mid-Cap Growth ETF |
$ |
|||
|
Performance
Highlights
• The
Nuveen ESG Mid‑Cap Growth ETF (NUMG)’s total return at net asset value
(NAV) was 8.51% for the 12 months ended October 31, 2025. The Fund’s
custom index, the Nuveen ESG USA Mid‑Cap Growth Index, returned
8.88%. • The
difference between the Fund’s total return at NAV and that of the custom
index is attributable to management fees and other expenses incurred by
the Fund that are not incurred by the custom index, along with the
representative sampling process. The representative sampling process
utilizes a subset of index securities in an effort to provide exposure
similar to that of the custom index. • During
the reporting period, the Fund’s custom index significantly underperformed
the Fund’s base index, the MSCI USA Mid‑Growth Index, which returned
20.09%. • Performance
drivers between the Fund’s custom index and base index during the
reporting period: • Top
contributors to the custom index’s relative performance • Security
selection in the health care sector, including a lack of exposure to
Illumina, Inc. and Dexcom, Inc. • Top
detractors from the custom index’s relative performance • Security
selection in the information technology sector, including a lack of
exposure to Cloudflare Inc and AppLovin Corp. • Security
selection in the industrials sector, including a lack of exposure to
Howmet Aerospace Inc. and Vertiv Holdings Co. • Security
selection in the financials sector, including an underweight to Robinhood
Markets, Inc. and a lack of exposure to SoFi Technologies
Inc. |
| 1 | continued>> |
| 1‑Year | 5‑Year | Since Inception ( | ||||
|
|
||||||
|
|
||||||
|
|
||||||
|
|
||||||
| 2 | continued>> |
|
Fund
net assets |
$ |
|||
|
Total
number of portfolio holdings |
||||
|
Portfolio
turnover (%) |
||||
|
Total
management fees paid for the year |
$ |
|||
| 3 | continued>> |
| • |
prospectus
• financial statements and other information • fund
holdings • proxy voting information
|
|
67092P409_AR_1025
4967235 |
|
| 4 |
|
Annual Shareholder Report October 31,
2025 |
Cost
of a
$10,000
investment |
Costs paid as a percentage of $10,000 investment* | |||
|
Nuveen
ESG Mid‑Cap Value ETF |
$ |
|||
|
Performance
Highlights
• The
Nuveen ESG Mid‑Cap Value ETF (NUMV)’s total return at net asset value
(NAV) was 9.70% for the 12 months ended October 31, 2025. The Fund’s
custom index, the Nuveen ESG USA Mid‑Cap Value Index, returned
10.08%. • The
difference between the Fund’s total return at NAV and that of the custom
index is attributable to management fees and other expenses incurred by
the Fund that are not incurred by the custom index. • During
the reporting period, the Fund’s custom index significantly outperformed
the Fund’s base index, the MSCI USA Mid‑Cap Value Index, which returned
5.20%. • Performance
drivers between the Fund’s custom index and base index during the
reporting period: • Top
contributors to the custom index’s relative performance • Security
selection in the health care sector, led by an overweight to Cardinal
Health, Inc. and an underweight to Molina Healthcare,
Inc. • Security
selection in the information technology sector, led by overweights to
Western Digital Corporation and First Solar, Inc. • Security
selection in the financials sector, led by an out‑of‑benchmark position in
Robinhood Markets, Inc. and an overweight to Huntington Bancshares
Incorporated. • Top
detractors from the custom index’s relative performance • An
overweight and security selection in the real estate sector, including an
overweight to Iron Mountain, Inc. • An
overweight to Owens Corning. |
| 1 | continued>> |
| 1-Year | 5-Year | Since Inception ( | ||||
|
|
||||||
|
|
||||||
|
|
||||||
|
|
||||||
| 2 | continued>> |
|
Fund
net assets |
$ |
|||
|
Total
number of portfolio holdings |
||||
|
Portfolio
turnover (%) |
||||
|
Total
management fees paid for the year |
$ |
|||
| 3 | continued>> |
| • |
prospectus
• financial statements and other information • fund
holdings • proxy voting information
|
|
67092P508_AR_1025
4967266 |
|
| 4 |
|
Annual Shareholder Report October 31,
2025 |
Cost
of a
$10,000
investment |
Costs paid as a percentage of $10,000 investment* | |||
|
Nuveen
ESG Small-Cap ETF |
$ |
|||
|
Performance
Highlights
• The
Nuveen ESG Small‑Cap ETF (NUSC)’s total return at net asset value (NAV)
was 6.32% for the 12 months ended October 31, 2025. The Fund’s custom
index, the Nuveen ESG USA Small‑Cap Index, returned
6.62%. • The
difference between the Fund’s total return at NAV and that of the custom
index is attributable to management fees and other expenses incurred by
the Fund that are not incurred by the custom index. • During
the reporting period, the Fund’s custom index significantly underperformed
the Fund’s base index, the MSCI USA Small‑Cap Index, which returned
12.01%. • Performance
drivers between the Fund’s custom index and base index during the
reporting period: • Top
contributors to the custom index’s relative performance • Security
selection in the industrials sector, led by overweights to Comfort Systems
USA, Inc. and Kratos Defense & Security Solutions,
Inc. • Security
selection in the energy sector, led by overweights to TechnipFMC plc and
Delek US Holdings Inc. • Top
detractors from the custom index’s relative performance • Security
selection in the healthcare sector, including a lack of exposure to Insmed
Incorporated and overweights to Vaxcyte, Inc. and PROCEPT BioRobotics
Corp. • Security
selection in the information technology sector, including a lack of
exposure to Credo Technology Group Holding Ltd., Sandisk Corporation, and
Rigetti Computing, Inc. • Security
selection in financials, including a lack of exposure to SoFi Technologies
and overweights to Morningstar, Inc. and Kinsale Capital Group,
Inc. |
| 1 | continued>> |
| 1‑Year | 5‑Year |
Since Inception
( | ||||
|
|
||||||
|
|
||||||
|
|
||||||
|
|
||||||
| 2 | continued>> |
|
Fund
net assets |
$ |
|||
|
Total
number of portfolio holdings |
||||
|
Portfolio
turnover (%) |
||||
|
Total
management fees paid for the year |
$ |
|||
| 3 | continued>> |
| • |
prospectus
• financial statements and other information • fund
holdings • proxy voting information
|
|
67092P607_AR_1025
4967276 |
|
| 4 |
|
Annual Shareholder Report October 31,
2025 |
Cost
of a
$10,000
investment |
Costs paid as a percentage of $10,000 investment* | |||
|
Nuveen
Dividend Growth ETF |
$ |
|||
|
Performance
Highlights
• The
Nuveen Dividend Growth ETF returned 10.49% for Common Shares at net asset
value (NAV) for the 12 months ended October 31, 2025. The Fund
significantly underperformed the S&P 500 Index, which returned
21.45%. • Top
contributors to relative performance • Overweights
to Broadcom Inc. and Amphenol Corporation. • Out‑of‑benchmark
position in Taiwan Semiconductor Manufacturing Co., Ltd. • Top
detractors from relative performance • Security
selection and an underweight to the communication services sector,
including lack of exposure to Alphabet Inc. and an overweight to Comcast
Corporation. • Security
selection and an overweight to the health care sector, including
overweights to UnitedHealth Group Incorporated and Zoetis, Inc., as well
as an out‑of‑benchmark position in Novo Nordisk A/S. • Lack
of exposure to NVIDIA
Corporation. |
| 1 | continued>> |
| 1‑Year | Since Inception ( | |||
|
|
||||
|
|
||||
| 2 | continued>> |
|
Fund
net assets |
$ |
|||
|
Total
number of portfolio holdings |
||||
|
Portfolio
turnover (%) |
||||
|
Total
management fees paid for the year |
$ |
|||
| • |
prospectus
• financial statements and other information • fund
holdings • proxy voting information |
|
67092P821_AR_1025
4967301 |
|
| 3 |
|
Annual Shareholder Report October 31,
2025 |
Cost
of a
$10,000
investment |
Costs paid as a percentage of $10,000 investment* | |||
|
Nuveen
Growth Opportunities ETF |
$ |
|||
|
Performance
Highlights
• The
Nuveen Growth Opportunities ETF returned 26.72% for Common Shares at net
asset value (NAV) for the 12 months ended October 31, 2025. The Fund
underperformed the Russell 1000 Growth Index, which returned
30.52%. • Top
contributors to relative performance • Overweight
to Broadcom Inc. • Security
selection in the industrials sector, including overweights to Howmet
Aerospace Inc., Vertiv Holdings Co. and GE Aerospace. • Top
detractors from relative performance • Security
selection in the health care sector, including an out‑of‑benchmark
position in Novo Nordisk A/S as well as overweights to UnitedHealth Group
Incorporated and Eli Lilly and Company. • Security
selection in the consumer discretionary sector, including an underweight
to Tesla, Inc. and overweights to AutoZone, Inc. and Chipotle Mexican
Grill, Inc. |
| 1 | continued>> |
| 1‑Year | Since Inception ( | |||
|
|
||||
|
|
||||
|
|
||||
| 2 | continued>> |
|
Fund
net assets |
$ |
|||
|
Total
number of portfolio holdings |
||||
|
Portfolio
turnover (%) |
||||
|
Total
management fees paid for the year |
$ |
|||
| 3 | continued>> |
| • |
prospectus
• financial statements and other information • fund
holdings • proxy voting information |
|
67092P797_AR_1025
4967313 |
|
| 4 |
|
Annual Shareholder Report October 31,
2025 |
Cost
of a
$10,000
investment |
Costs paid as a percentage of $10,000 investment* | |||
|
Nuveen
Winslow Large‑Cap Growth ESG ETF |
$ |
|||
|
Performance
Highlights
• The
Nuveen Winslow Large‑Cap Growth ESG ETF returned 23.57% for Common Shares
at net asset value (NAV) for the 12 months ended October 31, 2025.
The Fund significantly underperformed the Russell 1000 Growth Index, which
returned 30.52%. • Top
contributors to relative performance • Security
selection in the industrials sector, including overweights to Vertiv
Holdings Co. and Howmet Aerospace Inc. • A
lack of exposure to the consumer staples sector. • An
overweight to Shopify Inc. • Top
detractors from relative performance • Security
selection in the information technology sector, including a lack of
exposure to Palantir Technologies Inc. and an underweight to AppLovin
Corp. • An
overweight and stock selection in the financials sector, including an
underweight to Visa Inc. and an overweight to Ares Management
Corporation. • Security
selection in the consumer discretionary sector, including an underweight
to Tesla Inc. and an overweight to Chipotle Mexican Grill,
Inc. |
| 1 | continued>> |
| 1‑Year | Since Inception ( | |||
|
|
||||
|
|
||||
|
|
||||
| 2 | continued>> |
|
Fund
net assets |
$ |
|||
|
Total
number of portfolio holdings |
||||
|
Portfolio
turnover (%) |
||||
|
Total
management fees paid for the year |
$ |
|||
| • |
prospectus
• financial statements and other information • fund
holdings • proxy voting information |
|
67092P847_AR_1025
4967326 |
|
| 3 |