Nuveen ESG Dividend ETF (NUDV) Valuation
NUDV valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 20.1 trailing earnings
- Forward P/E
- 15.4 analyst estimates
- Price / sales
- 1.91
- Price / book
- 3.26
- EV / EBITDA
- 14.1
- Earnings yield
- 4.97% inverse of P/E
- Dividend yield
- 2.40% of the holdings
- Return on equity
- 16.2% combined
- Net margin
- 9.5% combined
- Beta
- 0.75 weighted, vs S&P 500
NUDV valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| NUDV | 20.1 | 15.4 | 1.91 | 3.26 | 2.40% | 16.2% | 9.5% | 2.4% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
NUDV valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Financial Services | 23.9% | 12.5 | 12.3 | 2.29 | 2.06 | 2.19% | 16.5% |
| Healthcare | 16.4% | 37.5 | 13.9 | 1.18 | 3.72 | 2.33% | 9.9% |
| Industrials | 12.7% | 22.3 | 21.1 | 3.09 | 7.27 | 1.44% | 32.6% |
| Technology | 12.4% | 22.7 | 16.4 | 3.51 | 5.88 | 2.15% | 25.9% |
| Consumer Defensive | 10.4% | 34.9 | 17.5 | 1.01 | 3.38 | 2.98% | 9.7% |
| Utilities | 4.9% | 19.7 | 14.6 | 2.35 | 1.63 | 3.49% | 8.2% |
| Real Estate | 4.6% | 39.6 | 33.4 | 8.78 | 5.99 | 3.27% | 15.1% |
| Basic Materials | 4.0% | 26.0 | 20.4 | 2.73 | 6.11 | 1.46% | 23.5% |
| Communication Services | 3.4% | 9.4 | 9.2 | 1.30 | 1.71 | 5.58% | 18.2% |
| Consumer Cyclical | 3.2% | 23.8 | 21.9 | 2.80 | 99.78 | 2.31% | 418.4% |
| Energy | 2.9% | 20.7 | 16.8 | 2.01 | 2.93 | 2.04% | 14.2% |
NUDV earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How NUDV weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
NUDV largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| MRK | Merck & Co., Inc. | 2.81% | 115.8 | 15.3 | 5.4 | 2.33% | 0.49% |
| KO | The Coca-Cola Company | 2.69% | 28.2 | 25.3 | 8.1 | 2.26% | 1.95% |
| PG | The Procter & Gamble Company | 2.55% | 24.1 | 21.2 | 4.3 | 2.73% | 2.16% |
| ABBV | AbbVie Inc. | 2.42% | 80.6 | 16.4 | 7.8 | 2.42% | 0.61% |
| IBM | International Business Machines Corporation | 2.38% | 20.6 | 17.4 | 3.2 | 2.91% | 2.35% |
| GS | The Goldman Sachs Group, Inc. | 2.35% | 12.7 | 12.8 | 3.6 | 2.27% | 3.77% |
| CSCO | Cisco Systems, Inc. | 2.29% | 32.2 | 19.8 | 6.7 | 1.56% | 1.45% |
| ACN | Accenture plc | 2.14% | 16.9 | 12.4 | 1.9 | 2.98% | 2.58% |
| DE | Deere & Company | 1.98% | 35.7 | 29.3 | 3.6 | 1.01% | 1.13% |
| PFE | Pfizer Inc. | 1.98% | 38.9 | 9.7 | 2.6 | 5.81% | 1.04% |
| MS | Morgan Stanley | 1.97% | 14.3 | 14.9 | 3.6 | 2.55% | 2.80% |
| UNP | Union Pacific Corporation | 1.87% | 23.4 | 19.3 | 6.8 | 1.97% | 1.63% |
| VZ | Verizon Communications Inc. | 1.81% | 11.7 | 8.7 | 1.3 | 6.32% | 3.15% |
| TRV | The Travelers Companies, Inc. | 1.77% | 10.5 | 10.8 | 1.7 | 1.28% | 3.44% |
| ETN | Eaton Corporation plc | 1.72% | 39.8 | 27.6 | 5.1 | 1.12% | 0.88% |
| ICE | Intercontinental Exchange, Inc. | 1.68% | 22.8 | 18.1 | 8.6 | 1.29% | 1.50% |
| MMM | 3M Company | 1.66% | 29.3 | 17.8 | 3.4 | 1.89% | 1.16% |
| EQIX | Equinix, Inc. | 1.64% | 63.4 | 52.1 | 9.8 | 2.09% | 0.53% |
| ECL | Ecolab Inc. | 1.62% | 38.8 | 29.7 | 4.8 | 1.01% | 0.85% |
| BNY | The Bank of New York Mellon Corporation | 1.61% | 15.9 | 15.0 | 4.4 | 1.55% | 2.07% |
| PNC | The PNC Financial Services Group, Inc. | 1.59% | 11.6 | 10.7 | 3.5 | 3.68% | 2.79% |
| T | AT&T Inc. | 1.59% | 7.7 | 9.9 | 1.3 | 4.74% | 4.18% |
| ADP | Automatic Data Processing, Inc. | 1.57% | 26.4 | 22.0 | 5.2 | 2.35% | 1.21% |
| ALL | The Allstate Corporation | 1.56% | 5.0 | 8.3 | 0.9 | 1.74% | 6.43% |
| YUM | Yum! Brands, Inc. | 1.56% | 19.0 | 20.4 | 4.7 | 1.99% | 1.68% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About NUDV valuation
Adding up its 82 holdings with company data, NUDV trades at 20.1 times trailing earnings and 15.4 times analysts' forward estimates, with a price-to-book ratio of 3.26 and a dividend yield of 2.40%. Its earnings yield of 4.97% is 0.36 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 23.6% of the fund and earn 17.5% of its combined profit. By sector, Real Estate is the most expensive at 39.6 times earnings and Communication Services the cheapest at 9.4. Companies that lost money over the past year are 2.4% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 100.0% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: NUDV chart, NUDV performance, NUDV holdings, NUDV dividends.
NUDV valuation FAQ
What is the P/E ratio of NUDV?
Based on its holdings, NUDV has a trailing P/E of 20.1 and a forward P/E of 15.4 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of NUDV?
The trailing earnings yield is 4.97% (1 ÷ P/E) and the forward earnings yield 6.50%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is NUDV more expensive than the S&P 500?
NUDV trades at 20.1 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 15.4 and 19.9.
What is the price-to-book ratio of NUDV?
The holdings of NUDV trade at 3.26 times book value, with a combined return on equity of 16.2%.
Which sector in NUDV has the highest P/E?
Real Estate has the highest P/E at 39.6 and Communication Services the lowest at 9.4.