NPORT-EX 2 NUEM.htm
Nuveen ESG Emerging Markets Equity ETF (NUEM)
Portfolio of Investments    January 31, 2021
(Unaudited)
Shares   Description (1)       Value
    LONG-TERM INVESTMENTS – 99.5%        
    COMMON STOCKS – 99.5%        
    Communication Services – 12.8%        
22,374   Advanced Info Service PCL, (2)       $128,578
232,878   Axiata Group Bhd       191,833
44,761   Bharti Airtel Ltd       338,806
77   CD Projekt SA, (3)       6,318
148,063   Chunghwa Telecom Co Ltd       571,049
7,731   DiGiCom Bhd       7,248
17,069   Emirates Telecommunications Group Co PJSC       92,382
2,536   Far EasTone Telecommunications Co Ltd       5,434
154   Globe Telecom Inc       6,217
2,247   Hellenic Telecommunications Organization SA       32,759
7,358   Info Edge India Ltd       443,537
5,763   Maxis Bhd       6,800
105,369   MTN Group       438,206
915   MultiChoice Group       7,840
2,498   NAVER Corp       765,970
2,364   Ooredoo QPSC       5,408
4,561   Orange Polska SA, (3)       8,051
4,087   SK Telecom Co Ltd       891,497
1,608   Taiwan Mobile Co Ltd       5,524
46,163   Telefonica Brasil SA       382,173
7,096   Telekom Malaysia Bhd       11,146
72,083   Tencent Holdings Ltd       6,335,506
7,675   Total Access Communication PCL, (2)       8,334
76,405   True Corp PCL, (2)       8,169
10,921   Turkcell Iletisim Hizmetleri AS       23,852
777   Vodacom Group Ltd       6,389
1,500   Wuhu Sanqi Interactive Entertainment Network Technology Group Co Ltd       7,526
    Total Communication Services       10,736,552
    Consumer Discretionary  – 18.2%        
23,287   Alibaba Group Holding Ltd, Sponsored ADR, (3)       5,910,939
55,969   Asset World Corp PCL, (2)       8,602
43,804   BYD Co Ltd       1,341,149
3,850   BYD Co Ltd       147,625
3,904   Cheng Shin Rubber Industry Co Ltd       5,570
      1

Nuveen ESG Emerging Markets Equity ETF (NUEM) (continued)
Portfolio of Investments    January 31, 2021
(Unaudited)
Shares   Description (1)       Value
    Consumer Discretionary (continued)        
222   Eicher Motors Ltd       $8,393
460   FF Group, (3), (4)       671
172,457   Geely Automobile Holdings Ltd       630,546
5,795   Hangzhou Robam Appliances Co Ltd       34,644
200   Hero MotoCorp Ltd       8,969
12,204   Home Product Center PCL, (2)       5,586
321   Hotai Motor Co Ltd       6,500
24,893   Koolearn Technology Holding Ltd, 144A, (3)       87,965
11,002   LG Electronics Inc       1,504,833
875   Lojas Renner SA       6,646
5,918   Mahindra & Mahindra Ltd       61,078
61,999   Meituan, 144A, (3)       2,844,941
10,323   Minor International PCL, (2)       8,554
750   Mr Price Group Ltd       8,613
6,199   Naspers Ltd       1,432,328
11,560   NIO Inc., ADR, (3)       658,920
58,653   Suningcom Co Ltd       60,186
84,816   TCL Technology Group Corp       113,103
16,200   Titan Co Ltd       315,740
14,342   Tongcheng-Elong Holdings Ltd, (3)       25,673
1,500   Weifu High-Technology Group Co Ltd       5,330
2,963   Woolworths Holdings Ltd/South Africa       8,844
    Total Consumer Discretionary       15,251,948
    Consumer Staples  – 6.1%        
24,804   Almarai Co JSC       357,106
39   Amorepacific Corp, (3)       7,775
130   AMOREPACIFIC Group, (3)       6,845
1,572   Arca Continental SAB de CV       7,253
1,862   Atacadao SA       6,494
7,040   Berli Jucker PCL, (2)       7,821
785   BGF retail Co Ltd, (3)       119,301
434   Bid Corp Ltd       7,282
899   Britannia Industries Ltd       43,225
9,700   By-health Co Ltd       33,460
700   Chacha Food Co Ltd       6,771
8,431   Charoen Pokphand Foods PCL, (2)       7,676
13,800   China Feihe Ltd, 144A       41,291
114,074   China Mengniu Dairy Co Ltd       680,426
580   Cia Brasileira de Distribuicao       8,018
24   CJ CheilJedang Corp, (3)       9,140
2      

Shares   Description (1)       Value
    Consumer Staples (continued)        
437   Clicks Group Ltd       $7,214
2,212   Coca-Cola Femsa SAB de CV       9,794
393   Colgate-Palmolive India Ltd       8,635
3,817   CP ALL PCL       7,301
1,157   Dabur India Ltd       8,146
215,741   Dali Foods Group Co Ltd, 144A       129,937
2,176   Embotelladora Andina SA       5,527
97,817   Fomento Economico Mexicano SAB de CV       675,217
988   Fraser & Neave Holdings Bhd       7,797
200   Fu Jian Anjoy Foods Co Ltd       7,663
756   Godrej Consumer Products Ltd       7,770
600   Gruma SAB de CV       6,675
2,746   GS Retail Co Ltd, (3)       85,184
28,569   Hindustan Unilever Ltd       886,712
37,406   Inner Mongolia Yili Industrial Group Co Ltd       256,665
4,784   Kimberly-Clark de Mexico SAB de CV       8,518
1,210   Kuala Lumpur Kepong Bhd       6,956
5   LG Household & Health Care Ltd       6,960
216   LG Household & Health Care Ltd       135,169
1,527   Marico Ltd       8,678
745   Natura & Co Holding SA, (3)       6,694
2,378   Nestle India Ltd       558,973
224   Nestle Malaysia Bhd       7,591
6,370   Osotspa PCL, (2)       7,609
1,475   PPB Group Bhd       6,750
26,094   Savola Group       274,454
888   Shoprite Holdings Ltd       8,266
582   SPAR Group Ltd       7,503
2,718   Standard Foods Corp       5,484
14,617   Thai Union Group PCL, (2)       6,740
449,862   Unilever Indonesia Tbk PT       222,045
2,823   Vinda International Holdings Ltd       9,539
8,980   X5 Retail Group NV GDR, (2)       317,712
    Total Consumer Staples       5,065,762
    Energy – 1.6%        
16,562   Cosan SA       227,692
29,750   Offshore Oil Engineering Co Ltd       19,536
30,920   Petronas Dagangan Bhd       148,080
48,356   Qatar Fuel QSC       247,823
250,980   Qatar Gas Transport Co Ltd       227,405
      3

Nuveen ESG Emerging Markets Equity ETF (NUEM) (continued)
Portfolio of Investments    January 31, 2021
(Unaudited)
Shares   Description (1)       Value
    Energy (continued)        
119,258   Thai Oil PCL, (2)       $217,159
74,676   Ultrapar Participacoes SA       297,897
    Total Energy       1,385,592
    Financials – 15.7%        
1,117   Absa Group Ltd       8,478
3,326   Abu Dhabi Commercial Bank PJSC       5,831
9,414   AMMB Holdings Bhd       7,173
78,048   B3 SA - Brasil Bolsa Balcao       854,851
98,348   Banco Bradesco SA       445,649
30,463   Banco Bradesco SA       120,742
218   Banco de Credito e Inversiones SA       9,169
10,357   Banco do Brasil SA       64,232
1,333   Banco Santander Brasil SA       9,585
142,922   Banco Santander Chile       7,260
1,033   Bancolombia SA       8,878
607   Bancolombia SA       5,374
74,698   Bandhan Bank Ltd, 144A, (3)       318,357
1,929   Bangkok Bank PCL       7,315
3,723   Bank Central Asia Tbk PT       8,969
409,715   Bank Negara Indonesia Persero Tbk PT       162,075
35,193   Bank of Hangzhou Co Ltd       80,311
90,968   Bank of Shanghai Co Ltd       114,387
18,974   Bank Polska Kasa Opieki SA, (3)       324,961
1,178,045   Bank Rakyat Indonesia Persero Tbk PT       350,978
21,273   BDO Unibank Inc       44,558
135,915   Cathay Financial Holding Co Ltd       193,662
1,595   Chailease Holding Co Ltd       8,829
8,554   CIMB Group Holdings Bhd       8,126
5,712   Commercial Bank PSQC       6,711
4,251   Commercial International Bank Egypt SAE       17,088
915   Credicorp Ltd       137,552
11,094   CTBC Financial Holding Co Ltd       7,527
5,088   DB Insurance Co Ltd, (3)       167,386
8,818   ESun Financial Holding Co Ltd       7,432
103,258   First Abu Dhabi Bank PJSC       422,236
9,245   First Financial Holding Co Ltd       6,669
4,394   FirstRand Ltd       13,948
405,921   Fubon Financial Holding Co Ltd       660,288
83,674   Grupo Financiero Banorte SAB de CV, (3)       422,435
281,598   Haitong Securities Co Ltd       250,952
4      

Shares   Description (1)       Value
    Financials (continued)        
36,876   Haitong Securities Co Ltd       $70,184
30,658   HDFC Life Insurance Co Ltd, 144A, (3)       285,654
11,629   Hua Nan Financial Holdings Co Ltd       7,122
45,825   Huatai Securities Co Ltd       123,710
151,539   Huatai Securities Co Ltd, 144A       241,560
79,927   Huaxia Bank Co Ltd       75,688
707   Hyundai Marine & Fire Insurance Co Ltd, (3)       12,578
128,922   Industrial Bank Co Ltd       462,319
113,610   Itausa SA       220,780
2,349   Kasikornbank PCL       9,928
13,766   KB Financial Group Inc, (3)       495,950
944   Komercni banka as       28,905
31,188   Kotak Mahindra Bank Ltd, (3)       731,204
5,554   Krungthai Card PCL, (2)       12,062
102,304   Kuwait Finance House KSCP       241,570
3,756   Malayan Banking Bhd       7,256
5,357   MCB Bank Ltd       6,442
6,483   Mega Financial Holding Co Ltd       6,517
8,307   Metropolitan Bank & Trust       7,775
2,885   Moneta Money Bank AS, 144A       9,845
3,420   Muangthai Capital PCL, (2)       7,513
89,636   National Bank of Kuwait SAKP       258,429
2,203   Nedbank Group Ltd       17,912
486,736   Old Mutual Ltd       419,720
325   OTP Bank Nyrt, (3)       14,934
104,982   Ping An Insurance Group Co of China Ltd       1,236,142
41,543   Ping An Insurance Group Co of China Ltd       509,997
371,547   Public Bank Bhd       385,104
33,327   Qatar National Bank QPSC       164,850
893   Remgro Ltd       5,962
4,781   RHB Bank Bhd       6,032
3,174   Samsung Fire & Marine Insurance Co Ltd       476,696
1,879   Samsung Life Insurance Co Ltd       118,592
3,316   Santander Bank Polska SA, (3)       161,728
3,735   Shanghai Commercial & Savings Bank Ltd       4,988
27,016   Shinhan Financial Group Co Ltd, (3)       740,247
10,305   Shriram Transport Finance Co Ltd       182,484
2,941   Siam Commercial Bank PCL, (2)       9,261
1,313   Standard Bank Group Ltd       10,982
16,879   Taishin Financial Holding Co Ltd       7,535
      5

Nuveen ESG Emerging Markets Equity ETF (NUEM) (continued)
Portfolio of Investments    January 31, 2021
(Unaudited)
Shares   Description (1)       Value
    Financials (continued)        
22,264   Taiwan Business Bank       $7,235
8,762   Turkiye Is Bankasi, Series C, (3)       7,371
10,464   Yuanta Financial Holding Co Ltd       7,436
    Total Financials       13,108,173
    Health Care – 4.4%        
133,569   3SBio Inc, 144A, (3)       124,545
2,679   AK Medical Holdings Ltd, 144A       4,830
13,884   Alibaba Health Information Technology Ltd, (3)       43,511
898   Aspen Pharmacare Holdings Ltd, (3)       8,536
8,190   Bangkok Dusit Medical Services PCL       5,664
930   BeiGene Ltd, ADR, (3)       297,600
1,360   Biocon Ltd, (3)       6,945
2,336   Bumrungrad Hospital PCL, (2)       9,795
900   Chengdu Kanghong Pharmaceutical Group Co Ltd       5,681
142,641   China Medical System Holdings Ltd       204,933
800   China National Accord Medicines Corp Ltd       4,769
771   China National Medicines Corp Ltd       4,741
1,418   China Resources Sanjiu Medical & Pharmaceutical Co Ltd       5,461
399,103   CSPC Pharmaceutical Group Ltd       407,655
4,971   Genscript Biotech Corp, (3)       6,347
1,118   Guangzhou Baiyunshan Pharmaceutical Holdings Co Ltd       4,818
400   Guangzhou Kingmed Diagnostics Group Co Ltd       9,716
25   Hanmi Pharm Co Ltd, (3)       8,560
1,651   Huadong Medicine Co Ltd       6,759
744   Hutchison China MediTech Ltd, ADR, (3)       23,741
4,443   IHH Healthcare Bhd       5,616
300   Intco Medical Technology Co Ltd       10,906
3,100   Joincare Pharmaceutical Group Industry Co Ltd       5,905
2,500   Jointown Pharmaceutical Group Co Ltd, (3)       7,339
63,999   Kalbe Farma Tbk PT       6,683
5,098   Kossan Rubber Industries       5,612
700   Livzon Pharmaceutical Group Inc       3,861
58,813   Luye Pharma Group Ltd, 144A       29,506
1,833   Microport Scientific Corp       12,825
1,000   Nanjing King-Friend Biochemical Pharmaceutical Co Ltd       4,968
582   Notre Dame Intermedica Participacoes SA       10,074
500   Ovctek China Inc       8,549
578   Ping An Healthcare and Technology Co Ltd, 144A, (3)       7,182
342   Richter Gedeon Nyrt       9,691
3,592   Shandong Weigao Group Medical Polymer Co Ltd       6,717
6      

Shares   Description (1)       Value
    Health Care (continued)        
900   Shanghai Fosun Pharmaceutical Group Co Ltd       $6,353
73,449   Shanghai Pharmaceuticals Holding Co Ltd       127,122
1,600   Shenzhen Mindray Bio-Medical Electronics Co Ltd       111,373
138,614   Sinopharm Group Co Ltd       338,586
34,860   SSY Group Ltd       18,388
4,107   Supermax Corp Bhd, (3)       6,908
8,500   Tianjin Chase Sun Pharmaceutical Co Ltd       5,370
2,574   Winning Health Technology Group Co Ltd       6,086
26,777   WuXi AppTec Co Ltd, 144A       638,875
13,075   WuXi AppTec Co Ltd       337,630
39,936   Wuxi Biologics Cayman Inc, 144A, (3)       561,917
133   Yuhan Corp, (3)       7,812
7,805   Yunnan Baiyao Group Co Ltd       161,113
    Total Health Care       3,657,574
    Industrials – 5.9%        
408   51job Inc., ADR, (3)       26,871
8,064   Air China Ltd       5,606
7,912   Air China Ltd       8,843
221,075   Airports of Thailand PCL, (2)       439,491
23,233   A-Living Smart City Services Co Ltd, 144A       101,425
18,660   Ayala Corp       298,858
696   Bidvest Group Ltd       7,253
21,489   BOC Aviation Ltd, 144A       175,568
22,689   BTS Group Holdings PCL, (2)       7,164
13,346   China Eastern Airlines Corp Ltd       9,510
114,058   China Lesso Group Holdings Ltd       189,757
96   CJ Corp, (3)       8,076
7,829   Contemporary Amperex Technology Co Ltd       430,375
11,738   Country Garden Services Holdings Co Ltd       95,901
271   Doosan Bobcat Inc, (3)       7,353
576   Doosan Heavy Industries & Construction Co Ltd, (3)       6,050
72,413   ElSewedy Electric Co       48,030
661   Eve Energy Co Ltd       10,928
9,798   Evergreen Marine Corp Taiwan Ltd, (3)       10,917
7,621   Far Eastern New Century Corp       7,076
1,400   Gotion High-tech Co Ltd, (3)       7,952
6,842   Greentown Service Group Co Ltd       7,721
355   Grupo Aeroportuario del Sureste SAB de CV, (3)       5,664
6,205   GS Engineering & Construction Corp, (3)       211,622
629   GT Capital Holdings Inc       6,986
      7

Nuveen ESG Emerging Markets Equity ETF (NUEM) (continued)
Portfolio of Investments    January 31, 2021
(Unaudited)
Shares   Description (1)       Value
    Industrials (continued)        
3,442   HAP Seng Consolidated Bhd       $6,965
922   Havells India Ltd       13,193
641   Hiwin Technologies Corp       9,065
972   Hyundai Heavy Industries Holdings Co Ltd, (3)       204,202
5,533   JG Summit Holdings Inc       6,997
4,100   Jiangsu Zhongtian Technology Co Ltd       6,683
9,807   LG Corp, (3)       868,830
648   Localiza Rent a Car SA       7,582
254   Lotte Corp       7,368
137,962   MISC Bhd       203,402
1,812   Rumo SA, (3)       6,737
483   Samsung Engineering Co Ltd, (3)       5,333
7,700   Shanghai Electric Group Co Ltd, (3)       6,419
5,800   Shanghai International Airport Co Ltd       71,131
513   Shenzhen Inovance Technology Co Ltd       7,578
115,213   Shenzhen International Holdings Ltd       189,896
2,839   Siemens Ltd       61,889
13,138   Sime Darby Bhd       7,150
26,972   Sinotrans Ltd       16,079
70,839   Sinotruk Hong Kong Ltd       221,091
5,503   Taiwan High Speed Rail Corp       5,679
3,729   Turk Hava Yollari AO, (3)       6,187
21,323   WEG SA       327,241
77,165   Xinjiang Goldwind Science & Technology Co Ltd       161,021
21,902   Xinjiang Goldwind Science & Technology Co Ltd       49,267
1,300   Zhejiang Chint Electrics Co Ltd       7,465
9,779   Zhejiang Weixing New Building Materials Co Ltd       32,244
13,632   Zhengzhou Yutong Bus Co Ltd       29,500
39,702   Zoomlion Heavy Industry Science and Technology Co Ltd       76,672
139,499   Zoomlion Heavy Industry Science and Technology Co Ltd       191,064
    Total Industrials       4,948,927
    Information Technology – 21.4%        
14,672   360 Security Technology Inc       37,058
74,550   AAC Technologies Holdings Inc       405,255
783   Accton Technology Corp       7,536
12,130   Acer Inc       11,717
1,700   Addsino Co Ltd       6,555
79,383   ASE Technology Holding Co Ltd       260,807
609,492   AU Optronics Corp, (3)       321,043
5,451   Beijing Shiji Information Technology Co Ltd       28,306
8      

Shares   Description (1)       Value
    Information Technology (continued)        
2,305   Chicony Electronics Co Ltd       $7,120
33,588   China Innovationpay Group Ltd, (3)       14,511
10,729   Compal Electronics Inc       8,218
140,453   Delta Electronics Inc       1,416,944
20,200   GoerTek Inc       104,110
65,800   Infosys Ltd       1,127,330
2,281   Kingdee International Software Group Co Ltd       9,208
746,352   Lenovo Group Ltd       878,814
23,990   LG Display Co Ltd, (3)       466,460
1,464   LG Innotek Co Ltd       261,756
4,183   Lite-On Technology Corp       8,201
2,127   Micro-Star International Co Ltd       9,912
2,668   Samsung SDI Co Ltd       1,750,681
309,085   Taiwan Semiconductor Manufacturing Co Ltd       6,523,319
30,567   Tata Consultancy Services Ltd       1,310,053
1,494   TOTVS SA       7,771
3,198   TravelSky Technology Ltd       7,143
15,080   Unisplendour Corp Ltd       48,178
462,969   United Microelectronics Corp       826,657
2,268   Vanguard International Semiconductor Corp       9,071
34,417   Win Semiconductors Corp       508,835
40,806   Wipro Ltd       234,903
7,033   Wistron Corp       7,849
225,725   Xinyi Solar Holdings Ltd       494,893
38,249   Yageo Corp       784,035
    Total Information Technology       17,904,249
    Materials – 8.0%        
292   Anglo American Platinum Ltd       29,443
12,035   Asian Paints Ltd       397,950
2,588,871   Barito Pacific Tbk PT, (3)       163,304
14,598   Beijing Oriental Yuhong Waterproof Technology Co Ltd       109,910
898   Berger Paints India Ltd       8,776
20,479   China Jushi Co Ltd       71,626
339,486   China Molybdenum Co Ltd       214,536
10,965   China Molybdenum Co Ltd       10,315
144,593   Eregli Demir ve Celik Fabrikalari TAS       284,293
2,821   Formosa Chemicals & Fibre Corp       7,797
6,352   Ganfeng Lithium Co Ltd       118,133
10,100   GEM Co Ltd       12,528
100,826   Gerdau SA       429,361
      9

Nuveen ESG Emerging Markets Equity ETF (NUEM) (continued)
Portfolio of Investments    January 31, 2021
(Unaudited)
Shares   Description (1)       Value
    Materials (continued)        
785   Gold Fields Ltd       $7,763
1,422   Grasim Industries Ltd       20,698
1,000   Guangdong Hongda Blasting Co Ltd       4,792
175   Hanwha Solutions Corp, (3)       7,791
5,858   Hengli Petrochemical Co Ltd       35,103
21,412   Impala Platinum Holdings Ltd       294,711
6,783   Indorama Ventures PCL, (2)       7,932
413   Industrias Penoles SAB de CV, (3)       6,249
1,618   KGHM Polska Miedz SA, (3)       81,958
2,900   Kingfa Sci & Tech Co Ltd       12,628
1,524   Klabin SA       7,844
864   Korea Zinc Co Ltd, (3)       313,592
6,653   Kumba Iron Ore Ltd       268,825
58   Kumho Petrochemical Co Ltd, (3)       12,833
137,750   Lee & Man Paper Manufacturing Ltd       121,337
795   Lotte Chemical Corp, (3)       185,495
42,066   Nan Ya Plastics Corp       98,546
31,880   National Industrialization Co, (3)       114,575
689   Northam Platinum Ltd, (3)       8,695
53,600   Pangang Group Vanadium Titanium & Resources Co Ltd, (3)       16,226
248,677   Petronas Chemicals Group Bhd       412,770
3,033   PhosAgro PJSC GDR       47,557
350   Pidilite Industries Ltd       8,069
5,774   Polymetal International PLC       125,355
5,965   Polyus PJSC GDR       563,991
106,042   PTT Global Chemical PCL, (2)       209,037
42,552   Saudi Arabian Mining Co, (3)       477,622
19,300   Shandong Nanshan Aluminum Co Ltd       9,977
900   Shandong Sinocera Functional Material Co Ltd       6,706
300   Shanghai Putailai New Energy Technology Co Ltd       4,625
27,722   Siam Cement PCL, (2)       350,114
16   SK Chemicals Co Ltd, (3)       6,022
4,838   Taiwan Cement Corp       6,937
2,794   Tongkun Group Co Ltd       10,063
13,000   Transfar Zhilian Co Ltd       12,149
50,938   UPL Ltd       392,577
3,100   Xiamen Tungsten Co Ltd       8,518
25,029   Yanbu National Petrochemical Co       427,076
441   Yunnan Energy New Material Co Ltd       9,035
6,614   Zhaojin Mining Industry Co Ltd       7,174
10      

Shares   Description (1)       Value
    Materials (continued)        
7,251   Zhejiang Huayou Cobalt Co Ltd, (3)       $111,461
    Total Materials       6,692,400
    Real Estate – 2.3%        
9,652   Aldar Properties PJSC       9,197
15,570   Ayala Land Inc       12,209
48,618   Cencosud Shopping SA       70,536
4,711   Central Pattana PCL, (2)       7,713
4,815   China Merchants Shekou Industrial Zone Holdings Co Ltd       8,835
378,821   China Overseas Land & Investment Ltd       854,000
12,027   China Overseas Property Holdings Ltd       7,445
83,911   China Vanke Co Ltd       301,389
9,424   CIFI Holdings Group Co Ltd       7,766
14,908   Franshion Properties China Ltd       5,864
5,304   Growthpoint Properties Ltd       4,271
33,967   Guangzhou R&F Properties Co Ltd       41,923
30,795   Land & Houses PCL, (2)       8,025
4,279   Logan Group Co Ltd       6,413
1,212   Longfor Group Holdings Ltd, 144A       6,854
1,626   NEPI Rockcastle PLC       9,884
1,091   Poly Property Services Co Ltd       8,217
5,524   Ruentex Development Co Ltd       7,644
326,887   Shenzhen Investment Ltd       108,346
15,393   Shimao Group Holdings Ltd       44,767
226,146   SM Prime Holdings Inc       166,045
98,700   Wharf Holdings Ltd       218,178
    Total Real Estate       1,915,521
    Utilities – 3.1%        
9,795   China Longyuan Power Group Corp Ltd       14,350
3,010   Cia Energetica de Minas Gerais       7,553
554   Cia Paranaense de Energia       6,624
1,282   CPFL Energia SA       7,305
2,897,011   Enel Americas SA       437,194
103,104   Enel Chile SA       7,491
984   Energisa SA       8,876
4,453   Energy Absolute PCL, (2)       9,671
805   Engie Brasil Energia SA       6,334
80,329   ENN Energy Holdings Ltd       1,245,258
1,801   Equatorial Energia SA       7,429
6,803   Gulf Energy Development PCL, (2)       7,614
2,284   Infraestructura Energetica Nova SAB de CV, (3)       8,468
      11

Nuveen ESG Emerging Markets Equity ETF (NUEM) (continued)
Portfolio of Investments    January 31, 2021
(Unaudited)
Shares   Description (1)       Value
    Utilities (continued)        
46,521   Interconexion Electrica SA ESP       $301,309
194,239   Power Grid Corp of India Ltd       489,591
    Total Utilities       2,565,067
    Total Common Stocks (cost $63,722,037)       83,231,765
    
Shares   Description (1)       Value
    COMMON STOCK RIGHTS  –  0.0%        
    Health Care  –  0.0%        
8   Microport Scientific Corp, (4)       $ —
    Information Technology  –  0.0%        
3,176   Legend Holdings Corp, (4)       1
    Materials  –  0.0%        
25   Hanwha Solutions Corp       143
    Total Common Stock Rights (cost $-)       144
    Total Long-Term Investments (cost $63,722,037)       83,231,909
    
Principal Amount (000)   Description (1) Coupon Maturity Ratings (5) Value
    SHORT-TERM INVESTMENTS – 1.9%        
    U.S. GOVERNMENT AND AGENCY OBLIGATIONS  –  1.9%        
$1,577   Federal Agricultural Mortgage Corp Discount Notes 0.000% 2/01/21 N/R $1,577,000
    Total Short-Term Investments (cost $1,577,000)       1,577,000
    Total Investments (cost $65,299,037) – 101.4%       84,808,909
    Other Assets Less Liabilities – (1.4)%       (1,195,009)
    Net Assets – 100%       $83,613,900
12      

Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and in conformity with the applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) related to interim filings. Part F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For a full set of the Fund’s notes to financial statements, please refer to the Fund’s most recently filed annual or semi-annual report.
Fair Value Measurements
The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management’s assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
Level 1  –     Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2  –     Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).
Level 3  –     Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
The inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Common Stocks $81,413,163 $1,817,931 $671 $83,231,765
Common Stock Rights 143  — 1 144
Short-Term Investments:        
U.S. Government and Agency Obligations  — 1,577,000  — 1,577,000
Total $81,413,306 $3,394,931 $672 $84,808,909
    
  For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease.  
(1) All percentages shown in the Portfolio of Investments are based on net assets.  
(2) For fair value measurement disclosure purposes, investment classified as Level 2.  
(3) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.  
(4) Investment valued at fair value using methods determined in good faith by, or at the discretion of, the Board. For fair value measurement disclosure purposes, investment classified as Level 3.  
(5) For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies.  
144A Investment is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These investments may only be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers.  
ADR American Depositary Receipt  
GDR Global Depositary Receipt  
      13

Nuveen ESG International Developed Markets Equity ETF (NUDM)
Portfolio of Investments    January 31, 2021
(Unaudited)
Shares   Description (1)       Value
    LONG-TERM INVESTMENTS – 99.6%        
    COMMON STOCKS – 99.6%        
    Communication Services – 5.1%        
3,645   BT Group PLC, (2)       $6,287
172   Capcom Co Ltd       10,826
128   Elisa Oyj       7,632
20,947   KDDI Corp       616,035
3,257   Koninklijke KPN NV       10,193
2,209   Nintendo Co Ltd       1,278,201
576   Orange SA       6,791
521   SEEK Ltd       11,213
453,560   Singapore Telecommunications Ltd       806,572
1,175   SoftBank Corp       15,454
13   Swisscom AG       7,093
549   Tele2 AB       7,612
2,900   Telecom Corp of New Zealand Ltd       10,032
34,030   Telenor ASA       565,181
528,085   Vodafone Group PLC       905,298
1,024   WPP PLC       10,768
25,301   Z Holdings Corp       157,178
    Total Communication Services       4,432,366
    Consumer Discretionary  – 11.9%        
9,996   Accor SA       337,971
984   Barratt Developments PLC       8,632
3,176   Bayerische Motoren Werke AG       208,167
8,142   Bayerische Motoren Werke AG       692,519
137   Berkeley Group Holdings PLC       7,881
4,203   Cie Financiere Richemont SA       391,575
20,571   Compass Group PLC, (2)       370,191
3,344   Delivery Hero SE, 144A, (2)       509,860
9   Fast Retailing Co Ltd       7,721
3,105   HelloFresh SE, (2)       263,304
434   Hennes & Mauritz AB       9,325
20,451   Honda Motor Co Ltd       540,014
17,388   Industria de Diseno Textil SA       517,343
871   Isuzu Motors Ltd       8,319
656   JD Sports Fashion PLC, (2)       6,729
14      

Shares   Description (1)       Value
    Consumer Discretionary (continued)        
913   Kering SA       $600,745
2,225   Kingfisher PLC, (2)       8,485
488   Marui Group Co Ltd       8,707
3,911   Mercari Inc, (2)       188,275
70   Next PLC       7,430
495   NGK Spark Plug Co Ltd       9,182
12,151   Ocado Group PLC, (2)       463,363
6,817   Oriental Land Co Ltd/Japan       1,064,597
105,894   Panasonic Corp       1,366,978
1,957   Pandora A/S       189,626
221   Persimmon PLC       7,742
61   Puma SE       5,987
47,795   Rakuten Inc, (2)       469,756
713   Sekisui House Ltd       13,750
18,706   Sony Corp       1,795,647
287   Stanley Electric Co Ltd       8,964
3,651   Taylor Wimpey PLC       7,342
6,302   Valeo SA       236,120
1,875   Yamada Holdings Co Ltd       9,546
547   Yamaha Motor Co Ltd       12,017
91   Zalando SE, 144A, (2)       10,472
271   ZOZO Inc       7,592
    Total Consumer Discretionary       10,371,874
    Consumer Staples  – 12.2%        
13,906   Associated British Foods PLC, (2)       404,256
3   Barry Callebaut AG       6,674
68   Beiersdorf AG       7,463
10,375   Carrefour SA       176,338
27,675   Coca-Cola Amatil Ltd       277,736
11,350   Coca-Cola European Partners PLC       527,434
11,057   Coca-Cola HBC AG       328,418
11,043   Danone SA       737,351
5,770   Henkel AG & Co KGaA       541,170
611   Jeronimo Martins SGPS SA       10,003
12,862   Kao Corp       933,307
1,061   Kerry Group PLC       144,240
343   Kesko Oyj, B Shares       8,918
17,727   Koninklijke Ahold Delhaize NV       508,047
2,642   Lawson Inc, (3)       128,195
4,187   L'Oreal SA       1,475,677
      15

Nuveen ESG International Developed Markets Equity ETF (NUDM) (continued)
Portfolio of Investments    January 31, 2021
(Unaudited)
Shares   Description (1)       Value
    Consumer Staples (continued)        
24,413   Mowi ASA       $542,467
25,037   Nestle SA       2,815,537
39,934   Orkla ASA       389,491
3,045   Reckitt Benckiser Group PLC       259,163
135,915   Tesco PLC       446,812
    Total Consumer Staples       10,668,697
    Energy – 2.0%        
13,874   Ampol Ltd       278,575
3,905   Koninklijke Vopak NV       197,785
18,625   Neste Oyj       1,318,731
    Total Energy       1,795,091
    Financials – 17.9%        
53,854   3i Group PLC       821,980
93,045   Aegon NV       384,563
3,265   Allianz SE       739,859
93   Amundi SA, 144A       6,937
56,804   Assicurazioni Generali SpA       972,368
57,132   Australia & New Zealand Banking Group Ltd       1,039,317
10,938   AXA SA       243,181
171,647   Banco Bilbao Vizcaya Argentaria SA       785,547
63,092   Bank Hapoalim BM, (2)       450,754
205,580   BOC Hong Kong Holdings Ltd       615,108
6,773   CaixaBank SA       17,173
9,487   CNP Assurances       144,303
903   Credit Agricole SA       10,290
5,151   Erste Group Bank AG, (2)       158,013
7,071   Hang Seng Bank Ltd       127,944
27,158   Hong Kong Exchanges & Clearing Ltd       1,742,153
1,219   ING Groep NV       10,922
520,282   Intesa Sanpaolo SpA       1,141,050
64,664   Israel Discount Bank Ltd       254,091
4,435   Julius Baer Group Ltd       269,211
375   KBC Group NV       26,297
149,630   Legal & General Group PLC       501,352
2,511   London Stock Exchange Group PLC       299,502
5,334   MS&AD Insurance Group Holdings Inc       153,048
835   Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen       221,960
52,560   Natixis SA       199,420
4,262   Natwest Group PLC       8,638
56,108   QBE Insurance Group Ltd       345,682
16      

Shares   Description (1)       Value
    Financials (continued)        
110,022   Resona Holdings Inc       $381,470
866   RSA Insurance Group PLC       8,027
192   Schroders PLC       9,009
1,235   Shizuoka Bank Ltd       8,965
901   Skandinaviska Enskilda Banken AB       9,881
499   Societe Generale SA       9,359
638   St James's Place PLC       10,281
1,424   Standard Chartered PLC       8,682
41,436   Sumitomo Mitsui Financial Group Inc       1,284,300
13,164   Sumitomo Mitsui Trust Holdings Inc       393,807
780   Svenska Handelsbanken AB       7,846
487   Swedbank AB       9,224
6,956   Swiss Re AG       615,062
2,390   Tokyo Century Corp       193,127
321   Tryg A/S       10,036
71,323   UBS Group AG       1,032,243
23   Zurich Insurance Group AG       9,209
    Total Financials       15,691,191
    Health Care – 11.9%        
8,443   Alcon Inc       607,410
445   Alfresa Holdings Corp       8,862
1,991   Amplifon S.p.A.       79,170
43,753   Astellas Pharma Inc       707,311
10,756   AstraZeneca PLC       1,106,431
43   BioMerieux       6,661
27,477   Chugai Pharmaceutical Co Ltd       1,436,116
1,574   Cochlear Ltd       238,439
3,799   CSL Ltd       792,005
9,654   Eisai Co Ltd       704,766
439   Fisher & Paykel Healthcare Corp Ltd       10,960
22   Genmab A/S, (2)       8,804
68,972   GlaxoSmithKline PLC       1,285,247
579   Ipsen SA       50,682
313   Kyowa Kirin Co Ltd       9,268
387   Lonza Group AG       247,965
4,065   Merck KGaA       680,041
3,701   NMC Health PLC, (2), (4)       5
3,356   Novo Nordisk A/S       233,199
165   Orion Oyj       7,585
1,524   Ramsay Health Care Ltd       73,630
      17

Nuveen ESG International Developed Markets Equity ETF (NUDM) (continued)
Portfolio of Investments    January 31, 2021
(Unaudited)
Shares   Description (1)       Value
    Health Care (continued)        
3,728   Roche Holding AG       $1,287,157
722   Ryman Healthcare Ltd       8,097
245   Sartorius Stedim Biotech       102,689
250   Sonova Holding AG, (2)       60,533
72   Straumann Holding AG       80,094
763   Sumitomo Dainippon Pharma Co Ltd       12,367
3,165   Sysmex Corp       369,872
1,658   UCB SA       172,263
    Total Health Care       10,387,629
    Industrials – 17.8%        
1,458   ABB Ltd       43,170
154   Adecco Group AG       9,667
10,404   Ashtead Group PLC       527,611
1,215   Assa Abloy AB       30,205
3,914   Atlas Copco AB       184,552
12,347   Bouygues SA       486,312
78,858   Brambles Ltd       639,525
715   Bureau Veritas SA       18,841
21,415   CNH Industrial NV       274,610
12,821   Dai Nippon Printing Co Ltd       220,429
79   Daifuku Co Ltd       9,002
2,838   Daikin Industries Ltd       599,207
1,845   DCC PLC       139,751
12,034   Deutsche Post AG       596,647
4,396   East Japan Railway Co       289,302
2,389   Eiffage SA       217,506
4,338   Ferguson PLC       506,459
27,041   Ferrovial SA       650,636
576   Getlink SE       8,901
195   Hankyu Hanshin Holdings Inc       6,286
199   Intertek Group PLC       15,079
7,604   Investment AB Latour       171,056
105   Keio Corp       7,672
28,224   Komatsu Ltd       771,682
85,778   MTR Corp Ltd       499,478
2,950   MTU Aero Engines AG       688,119
139   Nippon Express Co Ltd       9,440
812   Obayashi Corp       6,794
330   Odakyu Electric Railway Co Ltd       9,566
55,855   RELX PLC       1,390,189
18      

Shares   Description (1)       Value
    Industrials (continued)        
1,179   Rentokil Initial PLC       $8,056
20   Rockwool International AS, B Shares       7,586
53,611   Sandvik AB       1,343,726
5,990   Schneider Electric SE       880,183
241   SGS SA       733,891
1,104   Shimizu Corp       7,772
12,136   Siemens AG       1,886,351
378   SKF AB       10,409
22,009   Smiths Group PLC       428,710
60   Spirax-Sarco Engineering PLC       9,129
1,533   Sydney Airport, (2)       6,728
460   Tokyu Corp       5,395
84,320   Transurban Group       856,555
1,425   Vestas Wind Systems A/S       310,511
965   Wartsila OYJ Abp       9,503
173   West Japan Railway Co       9,187
    Total Industrials       15,541,386
    Information Technology – 6.6%        
3,641   ASML Holding NV       1,943,885
96   Atos SE       7,404
1,926   CyberArk Software Ltd, (2)       308,642
43   Dassault Systemes SE       8,607
3,799   Edenred       206,632
219   Fujitsu Ltd       33,510
5,859   Ibiden Co Ltd       271,978
14,575   Infineon Technologies AG       586,550
3,530   Murata Manufacturing Co Ltd       339,024
2,223   Nokia Oyj, (2)       10,706
107   Omron Corp       9,443
856   Sage Group PLC       6,933
8,376   SAP SE       1,066,445
184   TeamViewer AG, 144A, (2)       9,547
20,624   Telefonaktiebolaget LM Ericsson       261,558
262   Tokyo Electron Ltd       99,625
3,039   Xero Ltd, (2)       302,861
204   Yamatake Corp       10,405
12,660   Yokogawa Electric Corp       272,681
    Total Information Technology       5,756,436
    Materials – 8.5%        
336   Akzo Nobel NV       34,224
      19

Nuveen ESG International Developed Markets Equity ETF (NUDM) (continued)
Portfolio of Investments    January 31, 2021
(Unaudited)
Shares   Description (1)       Value
    Materials (continued)        
21,909   Antofagasta PLC       $430,222
1,193   Arkema SA       132,618
69,661   Asahi Kasei Corp       774,824
15,195   Boliden AB       501,603
216   Covestro AG, 144A       14,737
113   Croda International PLC       9,754
23,040   Evolution Mining Ltd       83,614
11,914   Hitachi Metals Ltd       189,928
228   Johnson Matthey PLC       9,242
314   Kansai Paint Co Ltd       9,253
1,517   Koninklijke DSM NV       265,392
17,585   Kuraray Co Ltd       188,120
71,110   Mitsubishi Chemical Holdings Corp       485,228
401   Mondi PLC       9,513
8,484   Newcrest Mining Ltd       163,515
4,217   Nippon Paint Holdings Co Ltd       379,427
7,733   Nitto Denko Corp       699,475
130   Novozymes A/S       7,840
20,646   Orica Ltd       241,728
306   Sika AG       83,380
11,886   Smurfit Kappa Group PLC       572,991
416   Stora Enso Oyj       7,581
82,743   Sumitomo Chemical Co Ltd       389,630
12,925   Sumitomo Metal Mining Co Ltd       560,974
562   Svenska Cellulosa AB, B Shares       9,947
74   Symrise AG       9,233
77,032   Toray Industries Inc       501,210
10,942   Umicore SA       621,734
250   UPM-Kymmene Oyj       8,957
    Total Materials       7,395,894
    Real Estate – 3.1%        
11,080   British Land Co PLC       68,270
6,063   CapitaLand Integrated Commercial Trust       9,777
122,556   CapitaLand Ltd       296,439
93   Covivio       7,666
157   Deutsche Wohnen SE       7,797
1,213   Dexus       8,385
159   Fastighets AB Balder, (2)       8,005
49   Gecina SA       7,001
675   Goodman Group       9,156
20      

Shares   Description (1)       Value
    Real Estate (continued)        
2,294   GPT Group       $7,604
5   Japan Retail Fund Investment Corp       9,456
10,733   Klepierre SA       259,095
49   LEG Immobilien AG       7,048
38,163   Lendlease Corp Ltd       351,660
3,821   Mirvac Group       6,977
30,173   Mitsubishi Estate Co Ltd       476,105
9,855   Mitsui Fudosan Co Ltd       199,416
1   Nippon Building Fund Inc       6,037
7   Nomura Real Estate Master Fund Inc       10,624
761   Segro PLC       9,971
64,971   Swire Properties Ltd       188,951
71   Swiss Prime Site AG       6,920
7,610   Unibail-Rodamco-Westfield       642,555
53   Unibail-Rodamco-Westfield, (5)       4,475
128,515   Vicinity Centres       151,356
    Total Real Estate       2,760,746
    Utilities – 2.6%        
76,964   National Grid PLC       898,339
7,099   Orsted AS, 144A       1,353,240
    Total Utilities       2,251,579
    Total Common Stocks (cost $76,259,659)       87,052,889
    
Shares   Description (1)       Value
    WARRANTS  –  0.0%        
468   Cie Financiere Richemont SA       $153
    Total Warrants (cost $ —)       153
    Total Long-Term Investments (cost $76,259,659)       87,053,042
    
Shares   Description (1) Coupon     Value
    INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING  –  0.1%      
    MONEY MARKET FUNDS  –  0.1%        
20,480   State Street Navigator Securities Lending Government Money Market Portfolio, (6) 0.060%(7)     $20,480
    Total Investments Purchased with Collateral from Securities Lending (cost $20,480)     20,480
    
      21

Nuveen ESG International Developed Markets Equity ETF (NUDM) (continued)
Portfolio of Investments    January 31, 2021
(Unaudited)
Principal Amount (000)   Description (1) Coupon Maturity Ratings (8) Value
    SHORT-TERM INVESTMENTS – 0.4%        
    U.S. GOVERNMENT AND AGENCY OBLIGATIONS  –  0.4%        
$364   Federal Agricultural Mortgage Corp Discount Notes 0.000% 2/01/21 N/R $364,000
    Total Short-Term Investments (cost $364,000)       364,000
    Total Investments (cost $76,644,139) – 100.1%       87,437,522
    Other Assets Less Liabilities – (0.1)%       (45,161)
    Net Assets – 100%       $87,392,361
Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and in conformity with the applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) related to interim filings. Part F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For a full set of the Fund’s notes to financial statements, please refer to the Fund’s most recently filed annual or semi-annual report.
Fair Value Measurements
The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management’s assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
Level 1  –     Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2  –     Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).
Level 3  –     Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
The inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Common Stocks $87,048,409 $4,475 $5 $87,052,889
Warrants 153  —  — 153
Investments Purchased with Collateral from Securities Lending 20,480  —  — 20,480
Short-Term Investments:        
U.S. Government and Agency Obligations  — 364,000  — 364,000
Total $87,069,042 $368,475 $5 $87,437,522
22      

  For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease.  
(1) All percentages shown in the Portfolio of Investments are based on net assets.  
(2) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.  
(3) Investment, or a portion of investment, is out on loan for securities lending. The total value of the securities out on loan as of the end of the reporting period was $19,404.  
(4) Investment valued at fair value using methods determined in good faith by, or at the discretion of, the Board. For fair value measurement disclosure purposes, investment classified as Level 3.  
(5) For fair value measurement disclosure purposes, investment classified as Level 2.  
(6) The Fund may loan securities representing up to one third of the fair value of its total assets (which includes collateral for securities on loan) to broker dealers, banks, and other institutions. The Fund maintains collateral equal to at least 100% of the fair value of the securities loaned. The cash collateral received by the Fund is invested in this money market fund.  
(7) The rate shown is the one-day yield as of the end of the reporting period.  
(8) For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies.  
144A Investment is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These investments may only be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers.  
      23

Nuveen ESG Large-Cap ETF (NULC)
Portfolio of Investments    January 31, 2021
(Unaudited)
Shares   Description (1)       Value
    LONG-TERM INVESTMENTS – 99.8%        
    COMMON STOCKS – 99.8%        
    Communication Services – 10.6%        
2,068   Activision Blizzard Inc       $188,188
294   Alphabet Inc, (2)       537,244
171   Alphabet Inc, Class C, (2)       313,911
9   Cable One Inc       18,000
720   Discovery Inc, (2)       29,822
701   Discovery Inc, (2)       24,556
4   Electronic Arts Inc       573
597   Liberty Broadband Corp, (2)       87,192
549   Liberty Global PLC, (2)       13,264
915   Liberty Global PLC, (2)       22,088
2   Omnicom Group Inc       125
6,056   Sirius XM Holdings Inc, (3)       37,911
3   Take-Two Interactive Software Inc, (2)       601
5,969   Verizon Communications Inc       326,803
2,566   Walt Disney Co, (2)       431,524
    Total Communication Services       2,031,802
    Consumer Discretionary  – 12.0%        
128   Booking Holdings Inc, (2)       248,874
39   Chipotle Mexican Grill Inc, (2)       57,720
220   Domino's Pizza Inc       81,567
1,944   eBay Inc       109,855
279   Etsy Inc, (2)       55,546
367   Home Depot Inc       99,391
33   Lowe's Cos Inc       5,506
54   Lululemon Athletica Inc, (2)       17,749
143   MercadoLibre Inc, (2)       254,470
2,242   Newell Brands Inc       53,853
1,743   NIKE Inc       232,847
69   Royal Caribbean Cruises Ltd       4,485
2,407   Starbucks Corp       233,022
643   Target Corp       116,492
779   Tesla Inc, (2)       618,160
2   Tractor Supply Co       284
24      

Shares   Description (1)       Value
    Consumer Discretionary (continued)        
366   Wayfair Inc, (2)       $99,669
    Total Consumer Discretionary       2,289,490
    Consumer Staples  – 5.8%        
18   Archer-Daniels-Midland Co       900
723   Bunge Ltd       47,313
2   Campbell Soup Co       96
6,540   Coca-Cola Co       314,901
13   Colgate-Palmolive Co       1,014
1,045   General Mills Inc       60,714
6   McCormick & Co Inc/MD       537
2,336   PepsiCo Inc       319,028
2,836   Procter & Gamble Co       363,604
    Total Consumer Staples       1,108,107
    Energy – 1.8%        
3,693   Baker Hughes Co       74,192
1,215   Cheniere Energy Inc, (2)       76,946
1,627   ONEOK Inc       64,803
2,278   Valero Energy Corp       128,548
    Total Energy       344,489
    Financials – 11.3%        
2   Aflac Inc       90
543   American Express Co       63,129
482   Aon PLC       97,894
2   Arch Capital Group Ltd, (2)       63
1,218   Bank of New York Mellon Corp       48,513
71   BlackRock Inc       49,789
2   Carlyle Group Inc       65
2,292   Charles Schwab Corp       118,130
998   Chubb Ltd       145,379
21   Citizens Financial Group Inc       765
962   CME Group Inc       174,834
3   Equitable Holdings Inc       74
3   Franklin Resources Inc       79
5,688   Huntington Bancshares Inc/OH       75,224
989   Intercontinental Exchange Inc       109,136
8   Invesco Ltd       165
3   Lincoln National Corp       136
1,411   Loews Corp       63,904
31   MarketAxess Holdings Inc       16,764
      25

Nuveen ESG Large-Cap ETF (NULC) (continued)
Portfolio of Investments    January 31, 2021
(Unaudited)
Shares   Description (1)       Value
    Financials (continued)        
2,109   Marsh & McLennan Cos Inc       $231,800
4,514   Morgan Stanley       302,664
1,647   PNC Financial Services Group Inc       236,377
1,618   Progressive Corp       141,073
571   Regions Financial Corp       9,713
795   S&P Global Inc       252,015
5   State Street Corp       350
242   Travelers Cos Inc       32,985
4   Truist Financial Corp       192
2   Willis Towers Watson PLC       406
    Total Financials       2,171,708
    Health Care – 13.5%        
1,125   AbbVie Inc       115,290
43   ABIOMED Inc, (2)       14,975
784   Agilent Technologies Inc       94,213
418   Align Technology Inc, (2)       219,609
402   Amgen Inc       97,055
213   Anthem Inc       63,257
575   Becton Dickinson and Co       150,529
792   BioMarin Pharmaceutical Inc, (2)       65,562
1,745   Bristol-Myers Squibb Co       107,195
36   Cardinal Health Inc       1,934
2   Cerner Corp       160
160   Cigna Corp       34,728
3,027   CVS Health Corp       216,885
468   DexCom Inc, (2)       175,430
278   Edwards Lifesciences Corp, (2)       22,957
1,093   Elanco Animal Health Inc, (2)       31,730
1,960   Eli Lilly and Co       407,621
1,200   Gilead Sciences Inc       78,720
4   HCA Inc       650
2   Hologic Inc, (2)       159
159   Humana Inc       60,914
44   IDEXX Laboratories Inc, (2)       21,062
22   Illumina Inc, (2)       9,382
3   Insulet Corp, (2)       802
158   Merck & Co Inc       12,177
640   Teladoc Health Inc, (2)       168,851
604   Thermo Fisher Scientific Inc       307,859
485   Vertex Pharmaceuticals Inc, (2)       111,104
26      

Shares   Description (1)       Value
    Health Care (continued)        
12   Zoetis Inc       $1,851
    Total Health Care       2,592,661
    Industrials – 8.0%        
1,284   3M Co       225,547
3,597   Carrier Global Corp       138,484
719   Caterpillar Inc       131,462
655   CH Robinson Worldwide Inc       56,042
2,871   CSX Corp       246,203
2   Deere & Co       578
2   Expeditors International of Washington Inc       179
2   Fastenal Co       91
2   Fortive Corp       132
773   Fortune Brands Home & Security Inc       66,671
2,194   Howmet Aerospace Inc       53,929
286   IHS Markit Ltd       24,905
3   Illinois Tool Works Inc       583
2   Johnson Controls International plc       100
306   Nordson Corp       54,771
74   Old Dominion Freight Line Inc       14,356
2   Otis Worldwide Corp       129
716   Parker-Hannifin Corp       189,461
648   Rockwell Automation Inc       161,047
2   Roper Technologies Inc       786
877   Sensata Technologies Holding PLC, (2)       47,796
665   Sunrun Inc, (2)       46,065
206   Teledyne Technologies Inc, (2)       73,544
37   Verisk Analytics Inc       6,789
6   Waste Connections Inc       591
    Total Industrials       1,540,241
    Information Technology – 28.5%        
1,105   Accenture PLC       267,321
586   Adobe Inc, (2)       268,839
1,513   Applied Materials Inc       146,277
249   Autodesk Inc, (2)       69,080
831   Automatic Data Processing Inc       137,215
3,058   Cisco Systems Inc       136,326
967   Cognex Corp       79,420
4,252   Corning Inc       152,519
7,187   Hewlett Packard Enterprise Co       88,687
8,014   HP Inc       195,061
      27

Nuveen ESG Large-Cap ETF (NULC) (continued)
Portfolio of Investments    January 31, 2021
(Unaudited)
Shares   Description (1)       Value
    Information Technology (continued)        
6,702   Intel Corp       $372,028
1,484   International Business Machines Corp       176,759
1,048   Keysight Technologies Inc, (2)       148,386
57   Lam Research Corp       27,585
570   Mastercard Inc, Class A       180,285
4,143   Microsoft Corp       961,010
2   NortonLifeLock Inc       42
763   NVIDIA Corp       396,447
673   Okta Inc, (2)       174,314
1,125   PayPal Holdings Inc, (2)       263,599
1,378   salesforcecom Inc, (2)       310,822
217   ServiceNow Inc, (2)       117,866
982   Slack Technologies Inc, (2)       41,411
1,844   TE Connectivity Ltd       222,018
1,969   Texas Instruments Inc       326,244
1,398   Trimble Inc, (2)       92,142
3   Western Union Co       67
300   Zebra Technologies Corp, (2)       116,349
    Total Information Technology       5,468,119
    Materials – 2.3%        
1,787   Amcor PLC       19,550
1   Axalta Coating Systems Ltd, (2)       27
185   Ball Corp       16,284
22   DuPont de Nemours Inc       1,748
889   Ecolab Inc       181,809
2,012   Mosaic Co       52,231
427   Newmont Corp       25,449
921   PPG Industries Inc       124,068
344   Steel Dynamics Inc       11,789
    Total Materials       432,955
    Real Estate – 3.9%        
1,190   American Tower Corp       270,559
354   Equinix Inc       261,946
3,936   Host Hotels & Resorts Inc       53,333
20   Iron Mountain Inc       673
1,213   Prologis Inc       125,182
589   Welltower Inc       35,693
    Total Real Estate       747,386
28      

Shares   Description (1)       Value
    Utilities – 2.1%        
1,878   Consolidated Edison Inc       $132,925
1,389   Eversource Energy       121,538
1,173   Sempra Energy       145,170
3   UGI Corp       108
    Total Utilities       399,741
    Total Long-Term Investments (cost $15,501,755)       19,126,699
    
Shares   Description (1) Coupon     Value
    INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING  –  0.2%      
    MONEY MARKET FUNDS  –  0.2%        
30,659   State Street Navigator Securities Lending Government Money Market Portfolio, (4) 0.060%(5)     $30,659
    Total Investments Purchased with Collateral from Securities Lending (cost $30,659)     30,659
    Total Investments (cost $15,532,414) – 100.0%       19,157,358
    Other Assets Less Liabilities – 0.0%       8,290
    Net Assets – 100%       $19,165,648
Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and in conformity with the applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) related to interim filings. Part F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For a full set of the Fund’s notes to financial statements, please refer to the Fund’s most recently filed annual or semi-annual report.
Fair Value Measurements
The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management’s assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
Level 1  –     Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2  –     Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).
Level 3  –     Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
      29

Nuveen ESG Large-Cap ETF (NULC) (continued)
Portfolio of Investments    January 31, 2021
(Unaudited)
The inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Common Stocks $19,126,699 $ — $ — $19,126,699
Investments Purchased with Collateral from Securities Lending 30,659  —  — 30,659
Total $19,157,358 $ — $ — $19,157,358
    
  For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease.  
(1) All percentages shown in the Portfolio of Investments are based on net assets.  
(2) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.  
(3) Investment, or a portion of investment, is out on loan for securities lending. The total value of the securities out on loan as of the end of the reporting period was $28,433.  
(4) The Fund may loan securities representing up to one third of the fair value of its total assets (which includes collateral for securities on loan) to broker dealers, banks, and other institutions. The Fund maintains collateral equal to at least 100% of the fair value of the securities loaned. The cash collateral received by the Fund is invested in this money market fund.  
(5) The rate shown is the one-day yield as of the end of the reporting period.  
30      

Nuveen ESG Large-Cap Growth ETF (NULG)
Portfolio of Investments    January 31, 2021
(Unaudited)
Shares   Description (1)       Value
    LONG-TERM INVESTMENTS – 99.8%        
    COMMON STOCKS – 99.8%        
    Communication Services – 12.5%        
97,397   Activision Blizzard Inc       $8,863,127
13,275   Alphabet Inc, (2)       24,258,204
10,029   Alphabet Inc, Class C, (2)       18,410,636
1,430   Cable One Inc       2,860,000
48,558   Electronic Arts Inc       6,953,506
47,864   Walt Disney Co, (2)       8,049,289
    Total Communication Services       69,394,762
    Consumer Discretionary  – 17.5%        
2,752   Booking Holdings Inc, (2)       5,350,796
4,119   Carvana Co, (2)       1,075,841
1,550   Chipotle Mexican Grill Inc, (2)       2,294,000
38,002   Dollar General Corp       7,395,569
12,843   Domino's Pizza Inc       4,761,671
28,689   Etsy Inc, (2)       5,711,693
17,244   Lululemon Athletica Inc, (2)       5,667,758
6,321   MercadoLibre Inc, (2)       11,248,283
89,301   NIKE Inc       11,929,720
12,910   O'Reilly Automotive Inc, (2)       5,492,818
37,485   Tesla Inc, (2)       29,745,472
3,093   TJX Cos Inc       198,076
12,403   Wayfair Inc, (2)       3,377,585
34,428   Yum! Brands Inc       3,494,098
    Total Consumer Discretionary       97,743,380
    Consumer Staples  – 2.7%        
47,897   Church & Dwight Co Inc       4,043,944
1,030   Clorox Co       215,744
1,460   Costco Wholesale Corp       514,548
32,916   Estee Lauder Cos Inc       7,789,571
25,936   McCormick & Co Inc/MD       2,322,309
    Total Consumer Staples       14,886,116
    Financials – 4.2%        
10,147   FactSet Research Systems Inc       3,067,844
53,493   Marsh & McLennan Cos Inc       5,879,416
26,667   Moody's Corp       7,100,355
      31

Nuveen ESG Large-Cap Growth ETF (NULG) (continued)
Portfolio of Investments    January 31, 2021
(Unaudited)
Shares   Description (1)       Value
    Financials (continued)        
24,216   S&P Global Inc       $7,676,472
    Total Financials       23,724,087
    Health Care – 13.6%        
3,805   ABIOMED Inc, (2)       1,325,091
70,537   Agilent Technologies Inc       8,476,431
87,055   Cerner Corp       6,973,976
14,792   DexCom Inc, (2)       5,544,781
31,224   Edwards Lifesciences Corp, (2)       2,578,478
8,387   Hologic Inc, (2)       668,696
7,400   Illumina Inc, (2)       3,155,656
590   Mettler-Toledo International Inc, (2)       689,179
35,075   ResMed Inc       7,070,068
37,358   Teladoc Health Inc, (2)       9,856,161
26,326   Thermo Fisher Scientific Inc       13,418,362
37,080   Vertex Pharmaceuticals Inc, (2)       8,494,287
47,145   Zoetis Inc       7,272,116
    Total Health Care       75,523,282
    Industrials – 7.4%        
19,160   Expeditors International of Washington Inc       1,715,203
85,779   Fastenal Co       3,910,665
9,371   Generac Holdings Inc, (2)       2,309,202
13,306   IDEX Corp       2,477,444
60,003   IHS Markit Ltd       5,225,061
2,529   Lennox International Inc       696,714
23,905   Masco Corp       1,298,281
11,547   Nordson Corp       2,066,798
18,942   Rockwell Automation Inc       4,707,655
11,940   Roper Technologies Inc       4,691,345
38,392   Sunrun Inc, (2)       2,659,414
10,474   Teledyne Technologies Inc, (2)       3,739,323
32,708   Verisk Analytics Inc       6,001,918
    Total Industrials       41,499,023
    Information Technology – 40.6%        
34,007   Accenture PLC       8,226,973
27,648   Adobe Inc, (2)       12,684,073
114,377   Applied Materials Inc       11,057,968
31,824   Autodesk Inc, (2)       8,828,932
64,516   Cadence Design Systems Inc, (2)       8,412,241
24,903   Citrix Systems Inc       3,319,819
32      

Shares   Description (1)       Value
    Information Technology (continued)        
56,459   Cognex Corp       $4,636,978
25,472   Intuit Inc       9,201,251
30,616   Keysight Technologies Inc, (2)       4,334,919
19,621   Lam Research Corp       9,495,583
45,116   Mastercard Inc, Class A       14,269,740
204,272   Microsoft Corp       47,382,933
32,066   NVIDIA Corp       16,661,173
32,524   Okta Inc, (2)       8,424,041
65,100   PayPal Holdings Inc, (2)       15,253,581
54,619   salesforcecom Inc, (2)       12,319,862
18,872   ServiceNow Inc, (2)       10,250,516
19,060   Skyworks Solutions Inc       3,225,905
114,670   Slack Technologies Inc, (2)       4,835,634
2,377   Splunk Inc, (2)       392,276
40,754   Trimble Inc, (2)       2,686,096
24,901   VMware Inc, (2)       3,432,603
17,410   Zebra Technologies Corp, (2)       6,752,120
    Total Information Technology       226,085,217
    Materials – 0.5%        
49,683   Newmont Corp       2,961,107
    Real Estate – 0.8%        
18,839   American Tower Corp       4,283,235
    Total Long-Term Investments (cost $468,615,553)       556,100,209
    
Principal Amount (000)   Description (1) Coupon Maturity Ratings (3) Value
    SHORT-TERM INVESTMENTS – 0.2%        
    U.S. GOVERNMENT AND AGENCY OBLIGATIONS  –  0.2%        
$891   Federal Agricultural Mortgage Corp Discount Notes 0.000% 2/01/21 N/R $891,000
    Total Short-Term Investments (cost $891,000)       891,000
    Total Investments (cost $469,506,553) – 100.0%       556,991,209
    Other Assets Less Liabilities – (0.0)%       (39,321)
    Net Assets – 100%       $556,951,888
      33

Nuveen ESG Large-Cap Growth ETF (NULG) (continued)
Portfolio of Investments    January 31, 2021
(Unaudited)
Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and in conformity with the applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) related to interim filings. Part F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For a full set of the Fund’s notes to financial statements, please refer to the Fund’s most recently filed annual or semi-annual report.
Fair Value Measurements
The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management’s assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
Level 1  –     Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2  –     Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).
Level 3  –     Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
The inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Common Stocks $556,100,209 $ — $ — $556,100,209
Short-Term Investments:        
U.S. Government and Agency Obligations  — 891,000  — 891,000
Total $556,100,209 $891,000 $ — $556,991,209
    
  For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease.  
(1) All percentages shown in the Portfolio of Investments are based on net assets.  
(2) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.  
(3) For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies.  
34      

Nuveen ESG Large-Cap Value ETF (NULV)
Portfolio of Investments    January 31, 2021
(Unaudited)
Shares   Description (1)       Value
    LONG-TERM INVESTMENTS – 99.7%        
    COMMON STOCKS – 99.7%        
    Communication Services – 7.0%        
66,570   Liberty Global PLC, (2)       $1,608,331
65,800   Liberty Global PLC, (2)       1,588,412
82,212   Liberty Media Corp-Liberty Formula One, (2)       3,307,389
34,025   Liberty Media Corp-Liberty SiriusXM, (2)       1,375,290
7,869   Roku Inc, (2)       3,061,277
50,032   T-Mobile US Inc, (2)       6,308,035
302,256   Verizon Communications Inc       16,548,516
82,760   Walt Disney Co, (2)       13,917,749
    Total Communication Services       47,714,999
    Consumer Discretionary  – 5.4%        
4,472   Aptiv PLC       597,459
1,774   BorgWarner Inc       74,490
54,564   eBay Inc       3,083,412
802   Hasbro Inc       75,244
58,330   Home Depot Inc       15,796,931
163,477   Newell Brands Inc       3,926,717
26,812   Target Corp       4,857,530
5,675   Vail Resorts Inc       1,509,323
83,567   VF Corp       6,423,795
    Total Consumer Discretionary       36,344,901
    Consumer Staples  – 9.4%        
56,312   Bunge Ltd       3,685,057
1,395   Campbell Soup Co       67,114
339   Clorox Co       71,007
321,571   Coca-Cola Co       15,483,644
9,375   Colgate-Palmolive Co       731,250
114,126   General Mills Inc       6,630,721
21,894   Kellogg Co       1,290,432
113,504   PepsiCo Inc       15,501,241
159,697   Procter & Gamble Co       20,474,752
    Total Consumer Staples       63,935,218
    Energy – 3.2%        
265,921   Baker Hughes Co       5,342,353
179,838   ONEOK Inc       7,162,947
      35

Nuveen ESG Large-Cap Value ETF (NULV) (continued)
Portfolio of Investments    January 31, 2021
(Unaudited)
Shares   Description (1)       Value
    Energy (continued)        
164,979   Valero Energy Corp       $9,309,765
    Total Energy       21,815,065
    Financials – 18.4%        
752   Allstate Corp       80,599
2,243   Ally Financial Inc       84,875
44,324   American Express Co       5,153,108
583   Arthur J Gallagher & Co       67,284
488   Assurant Inc       66,109
214,608   Bank of New York Mellon Corp       8,547,837
18,465   BlackRock Inc       12,948,766
2,500   Carlyle Group Inc       80,675
49,140   Charles Schwab Corp       2,532,676
68,467   Chubb Ltd       9,973,588
60,524   CME Group Inc       10,999,632
884   Discover Financial Services       73,849
163,960   Equitable Holdings Inc       4,062,929
504   First Republic Bank/CA       73,075
3,223   Franklin Resources Inc       84,733
410,639   Huntington Bancshares Inc/OH       5,430,701
2,586   Lincoln National Corp       117,637
102,351   Loews Corp       4,635,477
86,642   Marsh & McLennan Cos Inc       9,522,822
195,030   Morgan Stanley       13,076,761
79,779   PNC Financial Services Group Inc       11,449,882
1,423   Principal Financial Group Inc       70,111
73,704   Progressive Corp       6,426,252
124,475   Prudential Financial Inc       9,743,903
229,995   Regions Financial Corp       3,912,215
16,286   State Street Corp       1,140,020
2,250   Synchrony Financial       75,713
28,833   Travelers Cos Inc       3,929,938
2,093   Truist Financial Corp       100,422
1,202   Voya Financial Inc       66,663
966   W R Berkley Corp       60,027
360   Willis Towers Watson PLC       73,058
    Total Financials       124,661,337
    Health Care – 16.6%        
134,333   AbbVie Inc       13,766,446
10,204   Amgen Inc       2,463,552
16,433   Anthem Inc       4,880,272
36      

Shares   Description (1)       Value
    Health Care (continued)        
85,240   Baxter International Inc       $6,548,989
32,340   Becton Dickinson and Co       8,466,289
912   BioMarin Pharmaceutical Inc, (2)       75,495
175,806   Bristol-Myers Squibb Co       10,799,763
62,885   Cardinal Health Inc       3,378,811
679   Catalent Inc, (2)       78,119
47,921   Cigna Corp       10,401,253
173,347   CVS Health Corp       12,420,313
75,184   DENTSPLY SIRONA Inc       4,021,592
45,944   Elanco Animal Health Inc, (2)       1,333,754
42,435   Gilead Sciences Inc       2,783,736
29,307   HCA Inc       4,761,801
43,299   IQVIA Holdings Inc, (2)       7,698,562
473   Jazz Pharmaceuticals PLC, (2)       73,551
204,272   Merck & Co Inc       15,743,243
522   PerkinElmer Inc       76,770
1,408   Perrigo Co PLC       60,122
9,926   Varian Medical Systems Inc, (2)       1,742,708
34,339   Viatris Inc, (2)       583,420
    Total Health Care       112,158,561
    Industrials – 11.2%        
71,312   3M Co       12,526,666
1,208   A O Smith Corp       65,594
585   Allegion plc       62,601
3,940   AMERCO       1,822,014
174,715   Carrier Global Corp       6,726,528
69,523   Caterpillar Inc       12,711,585
54,620   CH Robinson Worldwide Inc       4,673,287
376   Deere & Co       108,589
5,804   Eaton Corp PLC       683,131
1,274   Emerson Electric Co       101,092
25,410   Expeditors International of Washington Inc       2,274,703
1,487   Fastenal Co       67,792
2,274   Fortive Corp       150,266
820   Fortune Brands Home & Security Inc       70,725
345   IDEX Corp       64,236
22,605   Illinois Tool Works Inc       4,390,117
62,044   Johnson Controls International plc       3,091,032
38,185   Kansas City Southern       7,738,954
243   Lennox International Inc       66,944
      37

Nuveen ESG Large-Cap Value ETF (NULV) (continued)
Portfolio of Investments    January 31, 2021
(Unaudited)
Shares   Description (1)       Value
    Industrials (continued)        
343   Nordson Corp       $61,394
1,677   Otis Worldwide Corp       108,418
36,271   Parker-Hannifin Corp       9,597,669
18,091   Roper Technologies Inc       7,108,135
403   Snap-on Inc       72,536
9,116   Verisk Analytics Inc       1,672,786
733   Xylem Inc/NY       70,800
    Total Industrials       76,087,594
    Information Technology – 15.0%        
51,070   Accenture PLC       12,354,854
61,809   Automatic Data Processing Inc       10,205,902
230,489   Cisco Systems Inc       10,275,200
561   Citrix Systems Inc       74,787
239,462   Corning Inc       8,589,502
520,255   Hewlett Packard Enterprise Co       6,419,947
170,483   HP Inc       4,149,556
354,987   Intel Corp       19,705,328
106,607   International Business Machines Corp       12,697,960
574   Keysight Technologies Inc, (2)       81,273
409   Motorola Solutions Inc       68,528
3,624   NortonLifeLock Inc       76,358
37,750   ON Semiconductor Corp, (2)       1,301,997
359   Splunk Inc, (2)       59,246
1,606   TE Connectivity Ltd       193,362
90,742   Texas Instruments Inc       15,035,042
1,490   Trimble Inc, (2)       98,206
3,158   Western Union Co       70,329
    Total Information Technology       101,457,377
    Materials – 4.0%        
106,785   Amcor PLC       1,168,228
56,473   DuPont de Nemours Inc       4,486,780
36,393   Ecolab Inc       7,442,732
3,205   Martin Marietta Materials Inc       921,149
146,113   Mosaic Co       3,793,094
12,745   Newmont Corp       759,602
57,738   PPG Industries Inc       7,777,886
17,993   Steel Dynamics Inc       616,620
    Total Materials       26,966,091
38      

Shares   Description (1)       Value
    Real Estate – 4.2%        
712   Boston Properties Inc       $64,984
706   Camden Property Trust       72,118
9,644   CBRE Group Inc, (2)       588,091
100,817   Equity Residential       6,214,360
286,061   Host Hotels & Resorts Inc       3,876,126
2,671   Iron Mountain Inc       89,933
110,969   Prologis Inc       11,452,001
1,420   Regency Centers Corp       66,996
1,794   UDR Inc       68,979
1,542   Ventas Inc       71,040
97,784   Welltower Inc       5,925,710
    Total Real Estate       28,490,338
    Utilities – 5.3%        
119,391   Consolidated Edison Inc       8,450,495
103,746   Eversource Energy       9,077,775
108,126   Public Service Enterprise Group Inc       6,101,550
73,381   Sempra Energy       9,081,633
84,498   UGI Corp       3,041,083
    Total Utilities       35,752,536
    Total Long-Term Investments (cost $627,285,878)       675,384,017
    
Principal Amount (000)   Description (1) Coupon Maturity Ratings (3) Value
    SHORT-TERM INVESTMENTS – 0.1%        
    U.S. GOVERNMENT AND AGENCY OBLIGATIONS  –  0.1%        
$560   Federal Home Loan Bank 0.000% 2/26/21 N/R $559,977
    Total Short-Term Investments (cost $559,977)       559,977
    Total Investments (cost $627,845,855) – 99.8%       675,943,994
    Other Assets Less Liabilities – 0.2%       1,237,954
    Net Assets – 100%       $677,181,948
      39

Nuveen ESG Large-Cap Value ETF (NULV) (continued)
Portfolio of Investments    January 31, 2021
(Unaudited)
Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and in conformity with the applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) related to interim filings. Part F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For a full set of the Fund’s notes to financial statements, please refer to the Fund’s most recently filed annual or semi-annual report.
Fair Value Measurements
The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management’s assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
Level 1  –     Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2  –     Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).
Level 3  –     Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
The inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Common Stocks $675,384,017 $ — $ — $675,384,017
Short-Term Investments:        
U.S. Government and Agency Obligations  — 559,977  — 559,977
Total $675,384,017 $559,977 $ — $675,943,994
    
  For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease.  
(1) All percentages shown in the Portfolio of Investments are based on net assets.  
(2) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.  
(3) For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies.  
40      

Nuveen ESG Mid-Cap Growth ETF (NUMG)
Portfolio of Investments    January 31, 2021
(Unaudited)
Shares   Description (1)       Value
    LONG-TERM INVESTMENTS – 99.9%        
    COMMON STOCKS – 99.9%        
    Communication Services – 8.2%        
1,858   Cable One Inc       $3,716,000
65,367   Live Nation Entertainment Inc, (2)       4,343,637
105,722   Pinterest Inc, (2)       7,243,014
30,134   Take-Two Interactive Software Inc, (2)       6,040,361
    Total Communication Services       21,343,012
    Consumer Discretionary  – 9.4%        
21,206   Burlington Stores Inc, (2)       5,278,173
11,281   Domino's Pizza Inc       4,182,544
38,807   Etsy Inc, (2)       7,726,086
7,686   Pool Corp       2,722,227
32,276   Tractor Supply Co       4,574,800
    Total Consumer Discretionary       24,483,830
    Consumer Staples  – 1.7%        
59,371   Lamb Weston Holdings Inc       4,435,014
279   McCormick & Co Inc/MD       24,981
    Total Consumer Staples       4,459,995
    Financials – 3.7%        
6,213   FactSet Research Systems Inc       1,878,439
8,670   MarketAxess Holdings Inc       4,688,389
56,787   Voya Financial Inc       3,149,407
    Total Financials       9,716,235
    Health Care – 21.3%        
4,432   ABIOMED Inc, (2)       1,543,444
16,329   Align Technology Inc, (2)       8,578,930
51,832   BioMarin Pharmaceutical Inc, (2)       4,290,653
42,608   Catalent Inc, (2)       4,902,050
16,114   Henry Schein Inc, (2)       1,061,107
75,859   Hologic Inc, (2)       6,048,238
19,932   Insulet Corp, (2)       5,325,432
5,684   Mettler-Toledo International Inc, (2)       6,639,480
17,032   STERIS PLC       3,186,858
23,347   Varian Medical Systems Inc, (2)       4,099,033
16,571   Waters Corp, (2)       4,385,847
      41

Nuveen ESG Mid-Cap Growth ETF (NUMG) (continued)
Portfolio of Investments    January 31, 2021
(Unaudited)
Shares   Description (1)       Value
    Health Care (continued)        
17,670   West Pharmaceutical Services Inc       $5,291,988
    Total Health Care       55,353,060
    Industrials – 13.2%        
52,862   Copart Inc, (2)       5,801,605
194   Expeditors International of Washington Inc       17,367
52,206   Fastenal Co       2,380,072
22,134   Generac Holdings Inc, (2)       5,454,260
21,401   IDEX Corp       3,984,652
5,588   Lennox International Inc       1,539,438
63,792   Masco Corp       3,464,544
19,368   Nordson Corp       3,466,678
12,341   Teledyne Technologies Inc, (2)       4,405,860
39,472   Xylem Inc/NY       3,812,600
    Total Industrials       34,327,076
    Information Technology – 40.0%        
243   Akamai Technologies Inc, (2)       26,980
20,393   ANSYS Inc, (2)       7,226,667
9,326   Arista Networks Inc, (2)       2,868,305
38,863   Cadence Design Systems Inc, (2)       5,067,347
39,554   Cognex Corp       3,248,570
10,015   Fair Isaac Corp, (2)       4,507,852
43,223   Fortinet Inc, (2)       6,256,529
60,976   GoDaddy Inc, (2)       4,791,494
13,861   HubSpot Inc, (2)       5,159,064
21,509   Jack Henry & Associates Inc       3,114,288
155,327   Marvell Technology Group Ltd       7,993,128
28,740   Okta Inc, (2)       7,443,947
14,233   Paycom Software Inc, (2)       5,404,839
44,490   PTC Inc, (2)       5,913,166
19,887   RingCentral Inc, (2)       7,416,260
162,250   Slack Technologies Inc, (2)       6,842,083
28,706   Splunk Inc, (2)       4,737,351
68,501   Trimble Inc, (2)       4,514,901
15,688   Zebra Technologies Corp, (2)       6,084,277
38,579   Zendesk Inc, (2)       5,564,635
    Total Information Technology       104,181,683
    Materials – 2.4%        
95,321   Axalta Coating Systems Ltd, (2)       2,572,714
42      

Shares   Description (1)       Value
    Materials (continued)        
32,414   FMC Corp       $3,510,112
    Total Materials       6,082,826
    Total Long-Term Investments (cost $213,157,934)       259,947,717
    
Principal Amount (000)   Description (1) Coupon Maturity Ratings (3) Value
    SHORT-TERM INVESTMENTS – 0.1%        
    U.S. GOVERNMENT AND AGENCY OBLIGATIONS  –  0.1%        
$395   Federal Agricultural Mortgage Corp Discount Notes 0.000% 2/01/21 N/R $395,000
    Total Short-Term Investments (cost $395,000)       395,000
    Total Investments (cost $213,552,934) – 100.0%       260,342,717
    Other Assets Less Liabilities – (0.0)%       (72,279)
    Net Assets – 100%       $260,270,438
Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and in conformity with the applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) related to interim filings. Part F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For a full set of the Fund’s notes to financial statements, please refer to the Fund’s most recently filed annual or semi-annual report.
Fair Value Measurements
The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management’s assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
Level 1  –     Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2  –     Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).
Level 3  –     Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
The inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Common Stocks $259,947,717 $ — $ — $259,947,717
Short-Term Investments:        
U.S. Government and Agency Obligations  — 395,000  — 395,000
Total $259,947,717 $395,000 $ — $260,342,717
      43

Nuveen ESG Mid-Cap Growth ETF (NUMG) (continued)
Portfolio of Investments    January 31, 2021
(Unaudited)
  For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease.  
(1) All percentages shown in the Portfolio of Investments are based on net assets.  
(2) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.  
(3) For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies.  
44      

Nuveen ESG Mid-Cap Value ETF (NUMV)
Portfolio of Investments    January 31, 2021
(Unaudited)
Shares   Description (1)       Value
    LONG-TERM INVESTMENTS – 99.8%        
    COMMON STOCKS – 99.8%        
    Communication Services – 6.1%        
777   Discovery Inc, (2)       $32,183
82,639   Discovery Inc, (2)       2,894,844
35,666   Interpublic Group of Cos Inc       858,481
68,296   Liberty Global PLC, (2)       1,650,031
10,354   Roku Inc, (2)       4,028,017
    Total Communication Services       9,463,556
    Consumer Discretionary  – 10.6%        
67,131   Aramark       2,301,922
13,010   Best Buy Co Inc       1,415,748
31,332   BorgWarner Inc       1,315,631
9,301   CarMax Inc, (2)       1,095,472
27,338   Hasbro Inc       2,564,851
29,561   LKQ Corp, (2)       1,037,296
17,792   Mohawk Industries Inc, (2)       2,554,931
92,956   Newell Brands Inc       2,232,803
7,626   Vail Resorts Inc       2,028,211
    Total Consumer Discretionary       16,546,865
    Consumer Staples  – 2.8%        
39,404   Bunge Ltd       2,578,598
11,820   Campbell Soup Co       568,660
14,014   McCormick & Co Inc/MD       1,254,814
    Total Consumer Staples       4,402,072
    Energy – 3.3%        
136,136   Baker Hughes Co       2,734,972
60,756   ONEOK Inc       2,419,912
    Total Energy       5,154,884
    Financials – 19.6%        
54,209   Ally Financial Inc       2,051,269
13,761   Arch Capital Group Ltd, (2)       432,233
26,636   Arthur J Gallagher & Co       3,074,061
15,097   Assurant Inc       2,045,191
73,848   Carlyle Group Inc       2,383,075
64,882   Citizens Financial Group Inc       2,364,300
97,575   Equitable Holdings Inc       2,417,908
      45

Nuveen ESG Mid-Cap Value ETF (NUMV) (continued)
Portfolio of Investments    January 31, 2021
(Unaudited)
Shares   Description (1)       Value
    Financials (continued)        
3,001   First Republic Bank/CA       $435,115
41,685   Franklin Resources Inc       1,095,899
41,858   Invesco Ltd       861,856
84,628   KeyCorp       1,426,828
31,595   Lincoln National Corp       1,437,256
56,993   Loews Corp       2,581,213
53,019   Principal Financial Group Inc       2,612,246
7,179   Regions Financial Corp       122,115
13,978   Reinsurance Group of America Inc       1,468,389
5,940   SVB Financial Group, (2)       2,600,413
21,885   Voya Financial Inc       1,213,742
    Total Financials       30,623,109
    Health Care – 7.9%        
22,395   BioMarin Pharmaceutical Inc, (2)       1,853,858
12,928   Catalent Inc, (2)       1,487,366
2,847   DaVita Inc, (2)       334,152
40,642   DENTSPLY SIRONA Inc       2,173,941
6,047   Henry Schein Inc, (2)       398,195
4,338   Jazz Pharmaceuticals PLC, (2)       674,559
21,458   Quest Diagnostics Inc       2,771,301
1,226   STERIS PLC       229,397
5,692   Varian Medical Systems Inc, (2)       999,344
5,312   Waters Corp, (2)       1,405,927
    Total Health Care       12,328,040
    Industrials – 14.1%        
1,086   AMERCO       502,210
77,142   Carrier Global Corp       2,969,967
10,221   CH Robinson Worldwide Inc       874,509
609   Expeditors International of Washington Inc       54,518
49,337   Fastenal Co       2,249,274
18,541   Fortune Brands Home & Security Inc       1,599,161
6,451   IDEX Corp       1,201,112
12,273   Kansas City Southern       2,487,369
30,279   Masco Corp       1,644,452
31,220   Owens Corning       2,422,672
22,702   Robert Half International Inc       1,532,385
1,050   Snap-on Inc       188,989
4,723   WW Grainger Inc       1,721,014
25,981   Xylem Inc/NY       2,509,505
    Total Industrials       21,957,137
46      

Shares   Description (1)       Value
    Information Technology – 10.6%        
145,465   Hewlett Packard Enterprise Co       $1,795,038
13,002   Keysight Technologies Inc, (2)       1,840,953
4,436   Maxim Integrated Products Inc       389,082
82,190   NortonLifeLock Inc       1,731,743
89,823   ON Semiconductor Corp, (2)       3,097,995
10,958   Seagate Technology PLC       724,543
10,451   Skyworks Solutions Inc       1,768,832
3,132   Splunk Inc, (2)       516,874
39,491   Trimble Inc, (2)       2,602,852
91,246   Western Union Co       2,032,048
    Total Information Technology       16,499,960
    Materials – 7.3%        
243,510   Amcor PLC       2,663,999
72,100   Axalta Coating Systems Ltd, (2)       1,945,979
16,561   International Flavors & Fragrances Inc, (3)       1,861,125
6,429   Martin Marietta Materials Inc       1,847,759
57,509   Mosaic Co       1,492,934
27,510   Sealed Air Corp       1,162,848
13,583   Steel Dynamics Inc       465,489
    Total Materials       11,440,133
    Real Estate – 13.0%        
17,639   Alexandria Real Estate Equities Inc       2,947,653
11,441   Boston Properties Inc       1,044,220
23,147   CBRE Group Inc, (2)       1,411,504
67,218   Duke Realty Corp       2,659,144
90,783   Healthpeak Properties Inc       2,691,716
169,500   Host Hotels & Resorts Inc       2,296,725
40,838   Iron Mountain Inc       1,375,016
34,312   Regency Centers Corp       1,618,840
38,005   UDR Inc       1,461,292
59,158   Ventas Inc       2,725,409
    Total Real Estate       20,231,519
    Utilities – 4.5%        
46,041   CMS Energy Corp       2,618,812
98,544   NiSource Inc       2,182,750
63,762   UGI Corp       2,294,794
    Total Utilities       7,096,356
    Total Long-Term Investments (cost $131,334,735)       155,743,631
    
      47

Nuveen ESG Mid-Cap Value ETF (NUMV) (continued)
Portfolio of Investments    January 31, 2021
(Unaudited)
Shares   Description (1) Coupon     Value
    INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING  –  0.9%      
    MONEY MARKET FUNDS  –  0.9%        
1,459,404   State Street Navigator Securities Lending Government Money Market Portfolio 0.060%     $1,459,404
    Total Investments Purchased with Collateral from Securities Lending (cost $1,459,404)     1,459,404
    
Principal Amount (000)   Description (1) Coupon Maturity Ratings (4) Value
    SHORT-TERM INVESTMENTS – 0.2%        
    U.S. GOVERNMENT AND AGENCY OBLIGATIONS  –  0.2%        
$276   Federal Agricultural Mortgage Corp Discount Notes 0.000% 2/01/21 N/R $276,000
    Total Short-Term Investments (cost $276,000)       276,000
    Total Investments (cost $133,070,139) – 100.9%       157,479,035
    Other Assets Less Liabilities – (0.9)%       (1,387,007)
    Net Assets – 100%       $156,092,028
Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and in conformity with the applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) related to interim filings. Part F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For a full set of the Fund’s notes to financial statements, please refer to the Fund’s most recently filed annual or semi-annual report.
Fair Value Measurements
The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management’s assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
Level 1  –     Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2  –     Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).
Level 3  –     Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
48      

The inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Common Stocks $155,743,631 $ — $ — $155,743,631
Investments Purchased with Collateral from Securities Lending 1,459,404  —  — 1,459,404
Short-Term Investments:        
U.S. Government and Agency Obligations  — 276,000  — 276,000
Total $157,203,035 $276,000 $ — $157,479,035
    
  For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease.  
(1) All percentages shown in the Portfolio of Investments are based on net assets.  
(2) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.  
(3) Investment, or a portion of investment, is out on loan for securities lending. The total value of the securities out on loan as of the end of the reporting period was $1,395,760.  
(4) For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies.  
      49

Nuveen ESG Small-Cap ETF (NUSC)
Portfolio of Investments    January 31, 2021
(Unaudited)
Shares   Description (1)       Value
    LONG-TERM INVESTMENTS – 99.9%        
    COMMON STOCKS – 99.9%        
    Communication Services – 2.1%        
7,034   Bandwidth Inc, Class A, (2)       $1,253,037
17,597   Boingo Wireless Inc, (2)       203,069
11,266   Cardlytics Inc, (2)       1,377,494
4,382   Cinemark Holdings Inc, (3)       88,692
50,409   Clear Channel Outdoor Holdings Inc, (2)       100,314
7,095   Cogent Communications Holdings Inc       404,060
53,080   Consolidated Communications Holdings Inc, (2)       324,053
29,689   EW Scripps Co       439,694
457,334   Globalstar Inc, (2)       480,201
38,692   Gray Television Inc, (2)       659,698
28,810   John Wiley & Sons Inc       1,314,024
7,256   New York Times Co       359,825
21,171   Scholastic Corp       545,577
3,875   TEGNA Inc       62,116
4,579   Tribune Publishing Co       66,899
71,410   TripAdvisor Inc, (2)       2,211,568
18,770   WideOpenWest Inc, (2)       199,900
16,196   World Wrestling Entertainment Inc       912,321
282,737   Zynga Inc, (2)       2,801,924
    Total Communication Services       13,804,466
    Consumer Discretionary  – 16.5%        
11,880   1-800-Flowerscom Inc, (2)       365,072
9,332   Aaron's Co Inc, (2)       158,084
8,856   American Axle & Manufacturing Holdings Inc, (2)       78,021
36,046   American Eagle Outfitters Inc       817,884
10,937   American Public Education Inc, (2)       314,767
1,813   Asbury Automotive Group Inc, (2)       258,552
2,611   AutoNation Inc, (2)       186,112
27,407   Big Lots Inc       1,635,650
27,219   Bright Horizons Family Solutions Inc, (2)       4,136,471
9,940   Brunswick Corp/DE       859,412
5,381   Buckle Inc       211,581
44,144   Callaway Golf Co       1,231,176
23,215   Camping World Holdings Inc       793,024
50      

Shares   Description (1)       Value
    Consumer Discretionary (continued)        
12,329   Carriage Services Inc       $408,336
13,326   Carter's Inc       1,173,221
308   Cavco Industries Inc, (2)       58,107
1,277   Century Communities Inc, (2)       59,942
2,167   Children's Place Inc, (2)       159,210
1,256   Columbia Sportswear Co       109,850
1,873   Cooper Tire & Rubber Co       68,833
32,821   Core-Mark Holding Co Inc       1,006,620
10,630   Crocs Inc, (2)       744,313
12,002   Dana Inc       232,359
31,597   Dave & Buster's Entertainment Inc, (2)       1,074,930
2,767   Deckers Outdoor Corp, (2)       807,909
11,372   Dine Brands Global Inc       781,939
11,770   Dorman Products Inc, (2)       1,069,069
14,303   El Pollo Loco Holdings Inc, (2)       291,066
16,876   Ethan Allen Interiors Inc       399,117
5,929   Five Below Inc, (2)       1,041,903
32,498   Foot Locker Inc       1,424,062
40,684   frontdoor Inc, (2)       2,239,247
40,223   GameStop Corp, (2)       13,072,475
26,738   Gap Inc, (2)       541,445
2,572   Genesco Inc, (2)       99,819
88,908   GoPro Inc, (2), (3)       795,727
3,067   Graham Holdings Co       1,742,393
7,739   Green Brick Partners Inc, (2)       154,006
5,936   Group 1 Automotive Inc       816,912
171,407   Hanesbrands Inc       2,620,813
54,219   Harley-Davidson Inc       2,173,640
9,763   Helen of Troy Ltd, (2)       2,384,613
2,002   Hibbett Sports Inc, (2)       113,013
59,326   Hilton Grand Vacations Inc, (2)       1,763,169
19,437   iRobot Corp, (2)       2,334,384
14,946   Jack in the Box Inc       1,407,016
4,554   Johnson Outdoors Inc       496,523
5,480   KB Home       228,187
31,794   Kontoor Brands Inc       1,148,399
9,323   Lands' End Inc, (2)       257,408
8,547   LCI Industries       1,105,811
29,415   Leggett & Platt Inc       1,206,015
44,144   Levi Strauss & Co       870,078
      51

Nuveen ESG Small-Cap ETF (NUSC) (continued)
Portfolio of Investments    January 31, 2021
(Unaudited)
Shares   Description (1)       Value
    Consumer Discretionary (continued)        
3,403   LGI Homes Inc, (2)       $363,134
4,724   Lithia Motors Inc       1,505,444
154,201   Macy's Inc, (2)       2,319,183
14,976   Malibu Boats Inc, (2)       1,049,967
15,021   MarineMax Inc, (2)       628,328
3,787   Meritage Homes Corp, (2)       303,945
24,454   Monro Inc       1,429,825
10,729   Murphy USA Inc       1,336,512
3,191   National Vision Holdings Inc, (2)       147,967
67,699   Nordstrom Inc       2,399,930
35,614   ODP Corp, (2)       1,520,362
7,952   Overstockcom Inc, (2)       617,075
44,625   Planet Fitness Inc, (2)       3,213,000
6,320   PVH Corp       538,843
52,443   Quotient Technology Inc, (2)       464,645
2,632   Ralph Lauren Corp       265,964
15,602   RealReal Inc, (2)       369,455
9,822   Rent-A-Center Inc/TX       425,293
11,444   Revolve Group Inc, (2)       425,259
53,309   Sally Beauty Holdings Inc, (2)       804,966
24,356   Shake Shack Inc, (2)       2,762,458
14,908   Signet Jewelers Ltd, (2)       605,563
9,885   Sleep Number Corp, (2)       1,065,010
63,223   Sonos Inc, (2)       1,653,281
9,036   Steven Madden Ltd       303,610
33,438   Stitch Fix Inc, (2)       3,191,323
63,723   Tapestry Inc       2,014,921
21,416   Taylor Morrison Home Corp, (2)       556,388
60,991   Terminix Global Holdings Inc, (2)       2,908,051
20,411   Thor Industries Inc       2,469,935
132,919   Under Armour Inc, (2)       1,989,797
2,984   Visteon Corp, (2)       380,400
133,769   Wendy's Co       2,728,888
8,653   Williams-Sonoma Inc       1,115,545
8,956   Wolverine World Wide Inc       256,500
34,538   WW International Inc, (2)       917,329
21,107   YETI Holdings Inc, (2)       1,389,263
2,580   Zumiez Inc, (2)       111,146
    Total Consumer Discretionary       106,076,190
52      

Shares   Description (1)       Value
    Consumer Staples  – 4.0%        
13,447   Beyond Meat Inc, (2)       $2,394,642
9,585   BJ's Wholesale Club Holdings Inc, (2)       403,241
112,615   Darling Ingredients Inc, (2)       6,983,256
12,723   Edgewell Personal Care Co       424,948
31,818   Energizer Holdings Inc       1,394,901
5,351   Flowers Foods Inc       122,859
22,548   Fresh Del Monte Produce Inc       551,750
18,539   Freshpet Inc, (2)       2,582,668
7,565   Medifast Inc       1,775,279
53,040   Performance Food Group Co, (2)       2,486,515
700   PriceSmart Inc       65,716
49,658   Simply Good Foods Co, (2)       1,417,239
28,271   Spectrum Brands Holdings Inc       2,136,439
2,850   TreeHouse Foods Inc, (2)       120,356
6,438   United Natural Foods Inc, (2)       174,341
87,997   US Foods Holding Corp, (2)       2,727,027
    Total Consumer Staples       25,761,177
    Energy – 2.3%        
95,417   Archrock Inc       846,349
34,373   Cactus Inc       900,573
80,209   ChampionX Corp, (2)       1,226,396
109,279   Clean Energy Fuels Corp, (2)       1,117,924
27,228   Core Laboratories NV       897,979
54,579   Delek US Holdings Inc       1,023,902
10,841   DMC Global Inc       619,780
49,844   Liberty Oilfield Services Inc       599,125
92,745   NOV Inc, (2)       1,148,183
56,181   Oceaneering International Inc, (2)       474,729
28,756   Renewable Energy Group Inc, (2)       2,576,537
311,469   TechnipFMC PLC       3,329,604
    Total Energy       14,761,081
    Financials – 13.2%        
663   Affiliated Managers Group Inc       73,056
10,100   Amalgamated Bank       148,066
5,168   Amerant Bancorp Inc, (2)       73,696
26,105   Ameris Bancorp       1,020,967
6,712   Argo Group International Holdings Ltd, (2)       270,829
33,863   Artisan Partners Asset Management Inc       1,638,969
1,038   BancFirst Corp       59,820
2,006   BancorpSouth Bank       55,466
      53

Nuveen ESG Small-Cap ETF (NUSC) (continued)
Portfolio of Investments    January 31, 2021
(Unaudited)
Shares   Description (1)       Value
    Financials (continued)        
727   Bank of Hawaii Corp       $56,844
50,719   Bank OZK       1,884,718
66,750   BankUnited Inc       2,312,887
7,637   Banner Corp       337,784
11,279   BOK Financial Corp       833,067
7,661   Boston Private Financial Holdings, Inc       93,388
3,146   Bridge Bancorp Inc       76,857
2,187   Bryn Mawr Bank Corp       67,972
13,601   Byline Bancorp Inc       218,568
89,441   Cadence BanCorp       1,602,783
3,463   CNO Financial Group Inc       73,450
13,804   Cohen & Steers Inc       904,162
3,513   Columbia Banking System Inc       135,321
37,706   Columbia Financial Inc, (2)       581,427
4,490   Commerce Bancshares Inc/MO       300,156
887   Community Bank System Inc       57,522
1,840   Community Trust Bancorp Inc       67,086
17,752   Cowen Inc       446,463
11,793   Crawford & Co       89,745
7,215   Cullen/Frost Bankers Inc       665,512
12,773   CVB Financial Corp       248,179
2,234   Diamond Hill Investment Group Inc       331,146
15,931   East West Bancorp Inc       954,904
13,014   eHealth Inc, (2)       622,720
8,966   Encore Capital Group, Inc, (2)       266,290
2,594   Federal Agricultural Mortgage Corp       197,144
53,999   First American Financial Corp       2,823,608
33,756   First Busey Corp       697,737
1,243   First Eagle Private Credit LLC, (2), (4)       104
16,880   First Financial Bancorp       309,242
2,550   First Hawaiian Inc       59,287
178,098   First Horizon Corp       2,473,781
2,998   First Interstate BancSystem Inc       115,903
39,664   Fulton Financial Corp       531,498
365,530   Genworth Financial Inc, (2)       1,038,105
9,339   Glacier Bancorp Inc       435,664
10,484   Goosehead Insurance Inc       1,400,662
8,556   Great Western Bancorp Inc       205,344
11,076   Green Dot Corp, (2)       556,347
28,788   Hancock Whitney Corp       982,822
54      

Shares   Description (1)       Value
    Financials (continued)        
34,835   Hannon Armstrong Sustainable Infrastructure Capital Inc       $2,060,490
14,543   Hanover Insurance Group Inc       1,635,651
10,130   Heartland Financial USA Inc       432,146
2,577   Heritage Financial Corp/WA       60,817
1,863   HomeStreet Inc       67,813
6,963   Independent Bank Corp       522,782
39,474   International Bancshares Corp       1,492,512
172,272   Investors Bancorp Inc       1,982,851
73,229   Janus Henderson Group PLC       2,252,524
23,689   KKR Real Estate Finance Trust Inc       405,556
46,471   LendingClub Corp, (2)       504,210
20,051   Live Oak Bancshares Inc       799,634
12,125   LPL Financial Holdings Inc       1,313,622
11,445   Luther Burbank Corp       112,047
6,393   Merchants Bancorp/IN       190,639
27,411   MGIC Investment Corp       321,257
13,285   Morningstar Inc       3,054,089
53,917   Mr Cooper Group Inc, (2)       1,468,160
185,377   New York Community Bancorp Inc       1,939,043
41,223   OceanFirst Financial Corp       748,610
17,892   Old National Bancorp/IN       300,407
9,824   Origin Bancorp Inc       310,340
29,431   PennyMac Financial Services Inc       1,706,998
194,082   People's United Financial Inc       2,651,160
29,364   Pinnacle Financial Partners Inc       2,012,315
46,046   Popular Inc       2,613,110
32,547   PRA Group Inc, (2)       1,073,075
15,059   Premier Financial Corp       418,038
8,190   Primerica Inc       1,140,949
39,545   ProAssurance Corp       724,860
18,721   PROG Holdings Inc       883,257
50,778   Provident Financial Services Inc       940,409
2,557   S&T Bancorp Inc       64,948
10,865   Seacoast Banking Corp of Florida, (2)       330,839
26,737   Simmons First National Corp       660,404
12,390   South State Corp       864,079
160,527   Starwood Property Trust Inc       3,011,487
5,733   Stewart Information Services Corp       265,897
12,060   StoneX Group Inc, (2)       645,451
80,989   Synovus Financial Corp       3,012,791
      55

Nuveen ESG Small-Cap ETF (NUSC) (continued)
Portfolio of Investments    January 31, 2021
(Unaudited)
Shares   Description (1)       Value
    Financials (continued)        
12,997   TCF Financial Corp       $505,063
18,171   Texas Capital Bancshares Inc, (2)       1,094,258
7,205   TFS Financial Corp       127,312
1,656   TriCo Bancshares       61,769
17,584   TriState Capital Holdings Inc, (2)       322,666
1,204   Triumph Bancorp Inc, (2)       69,037
20,019   Trupanion Inc, (2)       2,246,132
2,178   Trustmark Corp       59,830
2,936   Univest Corp of Pennsylvania       65,913
127,086   Valley National Bancorp       1,297,548
11,860   Victory Capital Holdings Inc       251,669
1,256   Virtus Investment Partners Inc       263,760
24,252   Webster Financial Corp       1,133,781
23,311   Western Alliance Bancorp       1,589,344
31,827   Wintrust Financial Corp       1,915,667
8,319   WSFS Financial Corp       357,467
    Total Financials       84,753,551
    Health Care – 15.2%        
15,610   1Life Healthcare Inc, (2)       789,866
7,218   Acadia Healthcare Co Inc, (2)       365,808
35,727   ACADIA Pharmaceuticals Inc, (2)       1,716,682
23,372   Accelerate Diagnostics Inc, (2), (3)       239,797
15,041   Acceleron Pharma Inc, (2)       1,737,687
18,959   Achillion Pharmaceuticals Inc, (4)       8,721
15,312   Adaptive Biotechnologies Corp, (2)       849,357
684   Addus HomeCare Corp, (2)       76,984
27,765   Aerie Pharmaceuticals Inc, (2)       477,280
21,073   Agios Pharmaceuticals Inc, (2)       989,799
13,184   Alder Biopharmaceuticals Inc, (2), (4)       11,602
94,053   Allscripts Healthcare Solutions Inc, (2)       1,551,875
2,811   Amedisys Inc, (2)       807,628
32,728   AMN Healthcare Services Inc, (2)       2,360,343
17,256   AnaptysBio Inc, (2)       447,276
14,022   AngioDynamics Inc, (2)       262,772
36,053   Antares Pharma Inc, (2)       157,912
9,684   Applied Therapeutics Inc, (2)       202,783
6,820   Aprea Therapeutics Inc, (2), (3)       37,646
12,446   Arcturus Therapeutics Holdings Inc, (2), (3)       901,837
33,388   Arrowhead Pharmaceuticals Inc, (2)       2,576,552
13,587   Arvinas Inc, (2)       1,025,003
56      

Shares   Description (1)       Value
    Health Care (continued)        
37,066   Atara Biotherapeutics Inc, (2)       $684,238
4,795   AtriCure Inc, (2)       279,213
1,067   Atrion Corp       695,119
19,662   Avrobio Inc, (2)       281,363
8,016   Axsome Therapeutics Inc, (2)       545,809
103,704   BioCryst Pharmaceuticals Inc, (2)       883,558
1,260   BioTelemetry Inc, (2)       90,040
27,720   Bluebird Bio Inc, (2)       1,234,926
99,828   Brookdale Senior Living Inc, (2)       493,150
5,207   Bruker Corp       301,433
11,438   Cardiovascular Systems Inc, (2)       514,596
4,223   Chemed Corp       2,187,092
35,933   Coherus Biosciences Inc, (2)       675,540
20,804   Collegium Pharmaceutical Inc, (2)       502,209
2,580   Computer Programs and Systems Inc       79,412
10,591   Cortexyme Inc, (2)       415,379
7,266   CorVel Corp, (2)       718,026
31,721   Covetrus Inc, (2)       1,080,734
45,878   Dicerna Pharmaceuticals Inc, (2)       1,030,879
39,619   Durect Corp, (2)       81,615
8,345   Eagle Pharmaceuticals Inc/DE, (2)       389,461
1,325   Encompass Health Corp       106,530
16,355   Ensign Group Inc       1,280,269
45,499   Envista Holdings Corp, (2)       1,617,034
28,727   FibroGen Inc, (2)       1,384,067
28,505   Flexion Therapeutics Inc, (2)       346,906
20,734   G1 Therapeutics Inc, (2)       500,311
41,048   GenMark Diagnostics Inc, (2)       566,873
10,011   Glaukos Corp, (2)       887,876
34,127   Global Blood Therapeutics Inc, (2)       1,710,445
17,672   Globus Medical Inc, (2)       1,090,186
10,802   Haemonetics Corp, (2)       1,234,561
25,919   Hanger Inc, (2)       531,080
3,825   Health Catalyst Inc, (2)       190,026
5,048   Heska Corp, (2)       844,833
9,474   Hill-Rom Holdings Inc       909,883
2,275   HMS Holdings Corp, (2)       83,766
16,201   Homology Medicines Inc, (2)       196,842
4,136   IGM Biosciences Inc, (2)       394,326
23,036   Immunovant Inc, (2)       899,095
      57

Nuveen ESG Small-Cap ETF (NUSC) (continued)
Portfolio of Investments    January 31, 2021
(Unaudited)
Shares   Description (1)       Value
    Health Care (continued)        
8,907   Inogen Inc, (2)       $435,820
43,136   Inovio Pharmaceuticals Inc, (2)       549,984
35,293   Insmed Inc, (2)       1,326,664
14,243   Intellia Therapeutics Inc, (2)       891,897
20,966   Intersect ENT Inc, (2)       471,106
7,138   Intra-Cellular Therapies Inc, (2)       229,487
7,516   iRhythm Technologies Inc, (2)       1,265,845
11,042   Kala Pharmaceuticals, Inc, (2)       82,042
26,744   Kura Oncology, Inc, (2)       800,983
2,165   LeMaitre Vascular Inc       104,050
3,116   LHC Group Inc, (2)       620,770
11,716   Ligand Pharmaceuticals Inc, (2)       2,171,561
2,779   Luminex Corp       78,062
18,816   MacroGenics, Inc, (2)       384,599
3,929   MEDNAX Inc, (2)       107,144
21,661   Meridian Bioscience Inc, (2)       478,708
22,620   Merit Medical Systems Inc, (2)       1,224,873
11,522   Merus NV, (2)       317,085
12,621   Mirati Therapeutics Inc, (2)       2,591,470
4,030   ModivCare Inc, (2)       639,037
12,492   Molecular Templates Inc, (2)       143,033
8,493   National Research Corp       384,733
45,573   NeoGenomics Inc, (2)       2,416,280
11,754   Novavax Inc, (2)       2,596,929
9,610   Odonate Therapeutics Inc, (2)       222,087
284,523   OPKO Health Inc, (2)       1,539,269
22,390   OraSure Technologies Inc, (2)       341,000
9,139   OrthoPediatrics Corp, (2)       422,039
31,372   Owens & Minor Inc       912,298
8,245   Passage Bio Inc, (2)       153,852
30,375   Patterson Cos Inc       962,280
19,040   Pennant Group Inc, (2)       1,023,781
4,171   Penumbra Inc, (2)       1,089,006
15,223   PetIQ Inc, (2)       527,629
3,733   Phathom Pharmaceuticals Inc, (2)       143,721
4,083   Phibro Animal Health Corp       84,681
2,346   Premier Inc       79,459
12,401   Progyny Inc, (2)       579,995
18,050   Prothena Corp PLC, (2)       202,341
4,388   Provention Bio Inc, (2)       60,423
58      

Shares   Description (1)       Value
    Health Care (continued)        
13,589   Quidel Corp, (2)       $3,410,431
16,314   Quotient Ltd, (2)       98,863
67,622   R1 RCM Inc, (2)       1,706,103
6,777   RadNet Inc, (2)       121,376
5,352   Reata Pharmaceuticals Inc, (2)       554,414
3,173   Relmada Therapeutics Inc, (2)       103,694
14,150   Repligen Corp, (2)       2,830,000
16,311   Revance Therapeutics Inc, (2)       414,952
17,470   Rhythm Pharmaceuticals Inc, (2)       536,154
2,463   Select Medical Holdings Corp, (2)       63,299
1,071   Shockwave Medical Inc, (2)       124,279
36,587   SIGA Technologies Inc, (2)       236,352
1,077   Silk Road Medical Inc, (2)       58,729
1,157   Simulations Plus Inc       91,565
14,074   SpringWorks Therapeutics Inc, (2)       1,172,505
8,341   STAAR Surgical Co, (2)       855,620
9,830   Surgery Partners Inc, (2)       366,462
1,313   Tactile Systems Technology Inc, (2)       71,624
2,298   Tandem Diabetes Care Inc, (2)       212,910
177,073   TherapeuticsMD Inc, (2)       292,170
5,351   Theravance Biopharma Inc, (2)       99,743
37,276   Tilray Inc, (2)       674,696
23,868   Tivity Health Inc, (2)       538,223
18,254   Tricida Inc, (2)       120,111
14,730   Turning Point Therapeutics Inc, (2)       1,848,468
17,808   Ultragenyx Pharmaceutical Inc, (2)       2,468,011
12,518   uniQure NV, (2)       443,262
1,591   US Physical Therapy Inc       191,461
9,836   Vapotherm Inc, (2)       339,834
27,355   Varex Imaging Corp, (2)       529,593
21,892   Vocera Communications Inc, (2)       962,153
10,511   XBiotech Inc, (2), (3)       196,871
14,400   Xenon Pharmaceuticals Inc, (2)       206,640
14,424   Y-mAbs Therapeutics Inc, (2)       605,952
3,201   Zogenix Inc, (2)       60,691
24,656   Zymeworks Inc, (2)       833,866
13,786   Zynex Inc, (2)       249,113
    Total Health Care       97,880,124
    Industrials – 15.4%        
13,845   AAON Inc       1,024,530
      59

Nuveen ESG Small-Cap ETF (NUSC) (continued)
Portfolio of Investments    January 31, 2021
(Unaudited)
Shares   Description (1)       Value
    Industrials (continued)        
14,272   Acuity Brands Inc       $1,716,065
112,708   ADT Inc       1,017,753
10,169   Advanced Drainage Systems Inc       838,739
2,116   AECOM, (2)       106,012
20,843   Aegion Corp, (2)       382,886
52,212   Allison Transmission Holdings Inc       2,125,028
2,439   ArcBest Corp       113,048
1,485   Armstrong World Industries Inc       116,142
4,726   Astec Industries Inc       281,055
20,932   Axon Enterprise Inc, (2)       3,436,197
20,854   Barnes Group Inc       1,002,452
54,267   Bloom Energy Corp, (2)       1,894,461
10,291   Boise Cascade Co       490,160
22,859   Brady Corp       1,049,457
37,398   Builders FirstSource Inc, (2)       1,430,474
17,023   Carlisle Cos Inc       2,467,143
3,829   Cimpress PLC, (2)       349,932
14,251   Comfort Systems USA Inc       789,933
16,185   Cubic Corp       990,198
5,706   Curtiss-Wright Corp       592,226
26,426   Donaldson Co Inc       1,570,761
14,065   EMCOR Group Inc       1,241,940
11,721   EnerSys       963,818
12,632   ESCO Technologies Inc       1,201,051
30,643   Flowserve Corp       1,089,665
27,481   Franklin Electric Co Inc       1,907,731
19,089   FTI Consulting Inc, (2)       2,099,217
11,573   GATX Corp       1,073,974
34,236   Granite Construction Inc       1,013,728
36,065   Great Lakes Dredge & Dock Corp, (2)       491,566
54,282   Healthcare Services Group Inc       1,759,823
12,204   Herman Miller Inc       417,987
19,810   Hexcel Corp       864,905
40,577   Hillenbrand Inc       1,667,715
30,989   HNI Corp       999,705
1,240   Hub Group Inc, Class A, (2)       65,261
12,502   Hubbell Inc       1,945,311
4,484   Hyster-Yale Materials Handling Inc       402,260
14,302   IAA Inc, (2)       817,216
860   ICF International Inc       66,332
60      

Shares   Description (1)       Value
    Industrials (continued)        
2,621   Kelly Services Inc       $51,162
4,103   Knoll Inc       61,381
5,506   Korn Ferry       251,074
2,363   Landstar System Inc       329,402
4,715   Lindsay Corp       659,299
20,004   Luxfer Holdings PLC       329,466
54,023   Macquarie Infrastructure Corp       1,501,299
9,919   ManpowerGroup Inc       877,236
21,626   Matthews International Corp       660,242
17,684   McGrath RentCorp       1,234,166
27,657   Mercury Systems Inc, (2)       1,965,306
12,948   Middleby Corp, (2)       1,757,303
2,806   Moog Inc       207,279
7,223   MSA Safety Inc       1,127,655
12,181   MYR Group Inc, (2)       677,385
20,304   Navistar International Corp, (2)       893,376
99,568   Nielsen Holdings PLC       2,223,354
7,313   Oshkosh Corp       669,798
46,310   PAE Inc, (2)       384,373
111,361   Pitney Bowes Inc       1,040,112
30,877   Quanta Services Inc       2,175,902
26,182   Raven Industries Inc       844,893
658   Regal Beloit Corp       82,566
53,542   Resideo Technologies Inc, (2)       1,236,820
38,996   Ryder System Inc       2,440,760
16,648   Schneider National Inc       349,608
24,280   SiteOne Landscape Supply Inc, (2)       3,828,470
1,928   SP Plus Corp, (2)       55,912
55,437   Steelcase Inc       716,800
12,340   Tennant Co       836,035
21,323   Tetra Tech Inc       2,592,237
6,352   Timken Co       480,592
43,016   Toro Co       4,054,258
31,786   Trex Co Inc, (2)       2,917,001
13,627   TriNet Group Inc, (2)       1,009,897
50,116   Triton International Ltd/Bermuda       2,322,376
26,498   TrueBlue Inc, (2)       492,598
13,050   Valmont Industries Inc       2,517,606
1,408   Vectrus Inc, (2)       72,371
7,390   Viad Corp       254,955
      61

Nuveen ESG Small-Cap ETF (NUSC) (continued)
Portfolio of Investments    January 31, 2021
(Unaudited)
Shares   Description (1)       Value
    Industrials (continued)        
15,731   Watts Water Technologies Inc       $1,888,821
1,386   Werner Enterprises Inc       54,387
31,248   WESCO International Inc, (2)       2,378,285
122,768   WillScot Mobile Mini Holdings Corp, (2)       2,910,829
14,955   Woodward Inc       1,674,212
    Total Industrials       98,962,716
    Information Technology – 15.6%        
17,836   8x8, Inc, (2)       628,719
50,318   ACI Worldwide Inc, (2)       1,931,708
8,336   ADTRAN Inc       143,379
9,881   Altair Engineering Inc, (2)       552,644
17,248   Anaplan Inc, (2)       1,150,442
450   Aspen Technology Inc, (2)       60,255
61,067   Avaya Holdings Corp, (2)       1,358,130
20,093   Avnet Inc       709,484
19,868   Badger Meter Inc       1,822,094
2,535   Benchmark Electronics Inc       64,212
21,255   Benefitfocus Inc, (2)       261,436
13,300   Billcom Holdings Inc, (2)       1,621,004
24,207   Blackbaud Inc       1,609,523
13,113   Blackline Inc, (2)       1,699,707
9,919   Box Inc, (2)       171,995
6,479   CDK Global Inc       323,302
22,311   Ciena Corp, (2)       1,191,184
19,369   Cirrus Logic Inc, (2)       1,814,682
558   Coherent Inc, (2)       112,069
60,681   CommScope Holding Co Inc, (2)       891,404
10,075   Concentrix Corp, (2)       1,077,219
122,811   Conduent Inc, (2)       591,949
29,796   Cree Inc, (2)       3,011,780
2,287   CSG Systems International Inc       98,547
7,352   CTS Corp       224,236
24,487   Dolby Laboratories Inc       2,155,591
164,745   DXC Technology Co       4,645,809
10,929   Elastic NV, (2)       1,660,771
33,756   Envestnet Inc, (2)       2,590,098
8,817   ePlus Inc, (2)       740,981
25,059   ExlService Holdings Inc, (2)       1,921,524
41,352   First Solar Inc, (2)       4,100,051
17,189   Five9 Inc, (2)       2,857,671
62      

Shares   Description (1)       Value
    Information Technology (continued)        
21,119   Flex Ltd, (2)       $372,539
31,559   FLIR Systems Inc       1,642,646
10,254   Harmonic Inc, (2)       79,571
43,935   Inseego Corp, (2)       806,647
20,030   Insight Enterprises Inc, (2)       1,524,283
19,449   Itron Inc, (2)       1,673,003
15,116   Kimball Electronics Inc, (2)       289,774
3,545   Knowles Corp, (2)       68,383
45,571   Kulicke & Soffa Industries Inc       1,625,518
871   Littelfuse Inc       211,975
15,950   Lumentum Holdings Inc, (2)       1,496,110
8,512   Manhattan Associates Inc, (2)       963,814
18,920   MAXIMUS Inc       1,420,135
4,678   Methode Electronics Inc       176,595
21,635   Mimecast Ltd, (2)       931,603
7,304   Model N Inc, (2)       248,190
14,031   MTS Systems Corp       821,375
54,925   National Instruments Corp       2,273,895
93,374   NCR Corp, (2)       3,114,957
3,173   NETGEAR Inc, (2)       131,330
20,399   New Relic Inc, (2)       1,533,597
4,814   Novanta Inc, (2)       601,365
55,056   Nutanix Inc, (2)       1,680,309
3,567   OneSpan Inc, (2)       83,182
35,805   Onto Innovation Inc, (2)       1,935,260
10,426   OSI Systems Inc, (2)       938,549
2,180   Paylocity Holding Corp, (2)       408,663
25,884   Plantronics Inc       821,040
643   Plexus Corp, (2)       49,460
10,207   Progress Software Corp       410,117
20,346   PROS Holdings Inc, (2)       857,380
1,501   Qualys Inc, (2)       207,843
77,182   Rambus Inc, (2)       1,466,072
907   Rapid7 Inc, (2)       78,746
51,791   Ribbon Communications Inc, (2)       378,592
2,778   Rogers Corp, (2)       433,562
188,635   Sabre Corp       2,033,485
9,275   Silicon Laboratories Inc, (2)       1,216,602
17,915   Smartsheet Inc, (2)       1,249,392
7,693   Sprout Social Inc, (2)       507,738
      63

Nuveen ESG Small-Cap ETF (NUSC) (continued)
Portfolio of Investments    January 31, 2021
(Unaudited)
Shares   Description (1)       Value
    Information Technology (continued)        
24,520   SPS Commerce Inc, (2)       $2,424,783
4,843   SVMK Inc, (2)       122,092
27,545   Sykes Enterprises Inc, (2)       1,062,962
9,926   SYNNEX Corp       810,160
60,251   Teradata Corp, (2)       1,620,752
13,615   TTEC Holdings Inc       1,029,022
15,191   Universal Display Corp       3,506,387
18,718   Virtusa Corp, (2)       955,554
2,868   Vishay Precision Group Inc, (2)       91,747
33,782   Vontier Corp, (2)       1,095,550
22,720   WEX Inc, (2)       4,284,992
5,869   Workiva Inc, (2)       572,051
75,224   Xerox Holdings Corp       1,581,961
25,191   Zuora Inc, (2)       371,567
    Total Information Technology       100,086,477
    Materials – 4.2%        
18,416   AptarGroup Inc       2,448,776
67,035   Avient Corp       2,576,155
14,391   Balchem Corp       1,540,269
80,793   Coeur Mining Inc, (2)       731,177
13,680   Compass Minerals International Inc       796,997
19,116   Domtar Corp       572,907
2,854   Greif Inc       128,887
3,276   Greif Inc       149,713
34,849   HB Fuller Co       1,773,466
17,957   Innospec Inc       1,576,445
15,222   Koppers Holdings Inc, (2)       506,588
40,525   Louisiana-Pacific Corp       1,540,355
14,880   Materion Corp       1,014,667
9,964   Minerals Technologies Inc       614,081
12,466   Myers Industries Inc       249,943
1,384   Neenah Inc       70,473
25,575   Reliance Steel & Aluminum Co       2,968,746
7,007   Royal Gold Inc       748,908
7,236   Schnitzer Steel Industries Inc       213,607
4,850   Scotts Miracle-Gro Co       1,073,838
2,992   Sonoco Products Co       173,267
14,598   Stepan Co       1,644,903
22,287   Trinseo SA       1,132,848
64      

Shares   Description (1)       Value
    Materials (continued)        
113,014   Valvoline Inc       $2,682,952
    Total Materials       26,929,968
    Real Estate – 9.3%        
3,906   Alexander & Baldwin Inc       59,059
1,592   American Campus Communities Inc       65,527
50,464   American Homes 4 Rent       1,525,527
40,218   Armada Hoffler Properties Inc       432,344
16,599   Brandywine Realty Trust       182,589
69,300   Brixmor Property Group Inc       1,173,249
35,305   CatchMark Timber Trust Inc       321,982
8,602   Centerspace       601,624
31,528   City Office REIT Inc       296,994
299,176   Colony Capital Inc       1,483,913
19,914   CoreSite Realty Corp       2,677,238
21,579   Corporate Office Properties Trust       566,880
25,502   Cushman & Wakefield PLC, (2)       365,444
43,967   CyrusOne Inc       3,207,393
136,922   DiamondRock Hospitality Co, (2)       1,122,760
41,706   Douglas Emmett Inc       1,155,673
58,843   Easterly Government Properties Inc       1,291,604
105,838   Empire State Realty Trust Inc       1,043,563
67,873   Essential Properties Realty Trust Inc       1,413,116
9,942   Federal Realty Investment Trust       870,522
54,333   First Industrial Realty Trust Inc       2,208,093
37,249   Five Point Holdings LLC, (2)       234,669
13,305   Four Corners Property Trust Inc       350,720
78,441   Franklin Street Properties Corp       322,393
932   Howard Hughes Corp, (2)       80,310
69,262   Independence Realty Trust Inc       919,799
7,069   iStar Inc       107,307
87,028   JBG SMITH Properties       2,598,656
5,802   Jones Lang LaSalle Inc, (2)       848,310
71,881   Kennedy-Wilson Holdings Inc       1,235,634
33,734   Kilroy Realty Corp       1,910,356
109,046   Kimco Realty Corp       1,800,350
2,290   Life Storage Inc       186,854
81,046   Macerich Co       1,272,422
16,832   Marcus & Millichap Inc, (2)       601,407
81,243   MGM Growth Properties LLC       2,530,720
43,496   Outfront Media Inc       792,932
      65

Nuveen ESG Small-Cap ETF (NUSC) (continued)
Portfolio of Investments    January 31, 2021
(Unaudited)
Shares   Description (1)       Value
    Real Estate (continued)        
126,406   Park Hotels & Resorts Inc       $2,108,452
25,152   Physicians Realty Trust       443,430
54,345   Piedmont Office Realty Trust Inc       835,826
48,874   PotlatchDeltic Corp       2,334,222
25,618   QTS Realty Trust Inc       1,667,732
96,439   Rayonier Inc       2,965,499
18,565   Realogy Holdings Corp, (2)       263,623
37,864   Rexford Industrial Realty Inc       1,853,064
48,551   RLJ Lodging Trust       626,793
10,918   RMR Group Inc       402,656
8,934   SITE Centers Corp       99,078
24,072   SL Green Realty Corp       1,624,379
12,428   St Joe Co       553,046
149,909   Sunstone Hotel Investors Inc       1,604,026
67,625   Tanger Factory Outlet Centers Inc       1,043,454
5,472   Tejon Ranch Co, (2)       87,169
133,785   Uniti Group Inc       1,646,893
30,545   Washington Real Estate Investment Trust       670,157
82,022   Xenia Hotels & Resorts Inc       1,186,858
    Total Real Estate       59,874,290
    Utilities – 2.1%        
45,566   NextEra Energy Partners LP       3,713,629
38,349   ONE Gas Inc       2,804,462
27,840   Ormat Technologies Inc       3,178,214
38,702   Southwest Gas Holdings Inc       2,320,572
35,603   Sunnova Energy International Inc, (2)       1,561,192
    Total Utilities       13,578,069
    Total Long-Term Investments (cost $510,735,983)       642,468,109
    
Shares   Description (1) Coupon     Value
    INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING  –  0.1%      
    MONEY MARKET FUNDS  –  0.1%        
884,441   State Street Navigator Securities Lending Government Money Market Portfolio, (5) 0.060%(6)     $884,441
    Total Investments Purchased with Collateral from Securities Lending (cost $884,441)     884,441
    
66      

Principal Amount (000)   Description (1) Coupon Maturity Ratings (7) Value
    SHORT-TERM INVESTMENTS – 0.1%        
    U.S. GOVERNMENT AND AGENCY OBLIGATIONS  –  0.1%        
$713   Federal Agricultural Mortgage Corp Discount Notes 0.000% 2/01/21 N/R $713,000
    Total Short-Term Investments (cost $713,000)       713,000
    Total Investments (cost $512,333,424) – 100.1%       644,065,550
    Other Assets Less Liabilities – (0.1)%       (774,388)
    Net Assets – 100%       $643,291,162
Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and in conformity with the applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) related to interim filings. Part F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For a full set of the Fund’s notes to financial statements, please refer to the Fund’s most recently filed annual or semi-annual report.
Fair Value Measurements
The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management’s assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
Level 1  –     Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2  –     Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).
Level 3  –     Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
The inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Common Stocks $642,447,681 $ — $20,428 $642,468,109
Investments Purchased with Collateral from Securities Lending 884,441  —  — 884,441
Short-Term Investments:        
U.S. Government and Agency Obligations  — 713,000  — 713,000
Total $643,332,122 $713,000 $20,428 $644,065,550
      67

Nuveen ESG Small-Cap ETF (NUSC) (continued)
Portfolio of Investments    January 31, 2021
(Unaudited)
  For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease.  
(1) All percentages shown in the Portfolio of Investments are based on net assets.  
(2) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.  
(3) Investment, or a portion of investment, is out on loan for securities lending. The total value of the securities out on loan as of the end of the reporting period was $838,049.  
(4) Investment valued at fair value using methods determined in good faith by, or at the discretion of, the Board. For fair value measurement disclosure purposes, investment classified as Level 3.  
(5) The Fund may loan securities representing up to one third of the fair value of its total assets (which includes collateral for securities on loan) to broker dealers, banks, and other institutions. The Fund maintains collateral equal to at least 100% of the fair value of the securities loaned. The cash collateral received by the Fund is invested in this money market fund.  
(6) The rate shown is the one-day yield as of the end of the reporting period.  
(7) For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies.  
REIT Real Estate Investment Trust  
68