Fund Description: Nuveen ESG Large-Cap ETF is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the Nushares ETF Trust, an open-end investment management company. INVESTMENT OBJECTIVE: The Nuveen ESG Large-Cap ETF seeks to provide investment returns that closely correspond to the price and yield performance of the TIAA ESG USA Large-Cap Index. INDEX DESCRIPTION: The TIAA ESG USA Large-Cap Index is comprised of equity securities issued by large capitalization companies listed on U.S. exchanges that meet certain environmental, social, and governance (ESG) criteria. The Index selects from the securities included in the MSCI USA Index (the Base Index), which generally consists of large-and mid-capitalization U.S. equity securities that exhibit overall growth style characteristics based on five variables: long-term forward earnings per share (EPS) growth rate, short-term forward EPS growth rate, current internal growth rate, long-term historical EPS growth trend, and long-term historical sales per share growth trend. Securities in the Base Index are weighted based on market capitalization The Index identifies equity securities from the Base Index that satisfy certain ESG criteria, based on ESG performance data collected by MSCI ESG Research, Inc. ESG performance is measured on an industry-specific basis, with assessment categories varying by industry. Environmental assessment categories can include a company’s impact on climate change, natural resource use, and waste management and emission mana gement. Companies that meet the ESG criteria are then ranked within their respective sectors based on their ESG performance score. The Index is normally rebalanced and reconstituted quarterly. FUND STRATEGY: In seeking to track the investment results of the Index, the Fund attempts to replicate the Index by investing all, or substantially all, of its assets in the securities represented in the Index in approximately the same proportions as the Index. Under normal market conditions, the Fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in component securities of the Index. In addition, under normal market conditions, the Fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in the securities of large-capitalization companies. The MSCI USA Index is designed to measure the performance of the large cap segments of the U.S. market. FUND MANAGEMENT: Nuveen Fund Advisors, LLC serves as the investment adviser to the Fund. Teachers Advisors, LLC serves as the Sub-Adviser.