Nuveen ESG International Developed Markets… (NUDM) Performance
NUDM total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +7.1% since Dec 31, 2025
- 1 year
- +9.0% total return
- 5 years
- +7.9% a year
- Since first price
- +7.9% a year since 2017
NUDM trailing returns vs SPY, QQQ, AGG
| Period | NUDM total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −2.9% | −2.9% | −1.0% | −5.0% | +0.9% |
| 3 months | −1.6% | −1.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +2.4% | +2.4% | +7.8% | +8.4% | −1.5% |
| YTD | +7.1% | +7.1% | +12.3% | +15.1% | −1.0% |
| 1 year | +9.0% | +1.3% | +14.4% | +15.9% | −1.1% |
| 3 years | +69.7%+19.3%/yr | +48.1% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +46.3%+7.9%/yr | +19.9% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionJun 7, 2017 | +104.8%+7.9%/yr | +55.3% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: NUDM vs SPY
From Jun 7, 2017: NUDM grew to $20,483, SPY to $36,151.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
NUDM returns by calendar year
6 of 8 full years positive. Best 2025 (+29.6%), worst 2022 (−15.2%). 2026 is year to date.
NUDM annual returns table
| Year | NUDM | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +7.1% | −12.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +29.6% | −13.5% | +17.7% | +20.8% | +7.2% |
| 2024 | +5.5% | −8.9% | +24.9% | +25.6% | +1.3% |
| 2023 | +17.7% | −12.8% | +26.2% | +54.9% | +5.7% |
| 2022 | −15.2% | −29.2% | −18.2% | −32.6% | −13.0% |
| 2021 | +10.6% | −7.4% | +28.7% | +27.4% | −1.8% |
| 2020 | +10.1% | −32.0% | +18.3% | +48.6% | +7.5% |
| 2019 | +24.6% | −7.1% | +31.2% | +39.0% | +8.5% |
| 2018 | −14.8% | −22.4% | −4.6% | −0.1% | +0.1% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
NUDM largest drawdowns
Now 7.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 17, 2020 | −32.0% | Mar 20, 2020 | Nov 9, 2020 | 2 months | 10 months |
| Nov 8, 2021 | −30.1% | Oct 12, 2022 | Mar 1, 2024 | 11 months | 2.3 years |
| Jan 24, 2018 | −22.4% | Dec 24, 2018 | Dec 16, 2019 | 11 months | 1.9 years |
| Mar 7, 2025 | −13.5% | Apr 8, 2025 | May 2, 2025 | 32 days | 56 days |
| Feb 25, 2026 | −12.5% | Mar 27, 2026 | Jun 15, 2026 | 30 days | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
NUDM risk statistics
| Statistic | 3 years | 5 years | Since 2017 |
|---|---|---|---|
| Annualized return | +18.6% | +9.1% | +8.3% |
| Volatility (annualized) | 12.8% | 16.1% | 15.9% |
| Sharpe ratio | 1.06 | 0.40 | 0.43 |
| Sortino ratio | 1.71 | 0.61 | 0.64 |
| Best month | +9.5% | +14.0% | +15.9% |
| Worst month | −9.0% | −9.6% | −13.4% |
| Best 12 months | +33.3% | +33.3% | +46.2% |
| Worst 12 months | +5.5% | −25.7% | −25.7% |
| Positive months | 69% | 60% | 61% |
| Beta vs S&P 500 | 0.68 | 0.81 | — |
| Correlation with S&P 500 | 0.66 | 0.78 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
NUDM rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 101 | −25.7% | +10.1% | +46.2% | 72% |
| 3-year (a year) | 77 | −1.8% | +6.9% | +22.3% | 96% |
| 5-year (a year) | 53 | −0.6% | +7.8% | +12.3% | 98% |
Every holding period starting at a month-end since 2017. Returns for 3 years and longer are annualized.
NUDM performance overview
Nuveen ESG International Developed Markets… (NUDM) returned +9.0% over the past year and +7.9% a year over five years, with distributions reinvested. Since its first recorded price in 2017 it has returned +7.9% a year, turning $10,000 into about $20,483. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −32.0%, from Jan 17, 2020 to Mar 20, 2020, and it took 8 months to get back to the old high. NUDM finished 6 of its 8 full calendar years with a gain; the best year was 2025 (+29.6%) and the worst 2022 (−15.2%). Volatility has been 15.9% a year.
Related: NUDM chart, NUDM holdings, NUDM dividends. See the NUDM overview for the latest quote and fund facts.
NUDM performance FAQ
What is the NUDM return over the past year?
NUDM returned +9.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 1.3%.
What is the average annual return of NUDM?
NUDM has returned +7.9% a year over 5 years, +7.9% a year since June 7, 2017 (total return, distributions reinvested).
How much would $10,000 invested in NUDM be worth?
$10,000 invested in NUDM at its first recorded close on June 7, 2017 would be worth about $20,483 on October 23, 2026 with distributions reinvested.
What was the worst year for NUDM?
The worst calendar year was 2022, with a total return of −15.2%. The best was 2025 at +29.6%.
What is the biggest drawdown of NUDM?
The largest peak-to-trough decline was −32.0% between January 17, 2020 and March 20, 2020. It recovered to the old high on November 9, 2020, 8 months after the bottom.
How volatile is NUDM?
Over the past 3 years NUDM had an annualized volatility of 12.8% and a Sharpe ratio of 1.06 (excess return over 1–3 month T-bills per unit of risk).