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REFAvsNUDMETF Comparison

ETF 1
REFA

Columbia Research Enhanced International Equity ETF

This fund is part of
DM Large & Mid Cap
+0%
VS
ETF 2
NUDM

NuShares ESG International Developed Markets Equity ETF

This fund is part of
DM Large & Mid Cap
+0%

Columbia Research Enhanced International Equity ETF (REFA) and NuShares ESG International Developed Markets Equity ETF (NUDM) belong to the same industry segment: DM Large & Mid Cap. REFA's top 3 sector exposures are Industrials, Financials and Health Care. In contrast, NUDM's top sector exposures are Financials, Industrials and Consumer Discretionary. REFA is more expensive with a Total Expense Ratio (TER) of 0.32%, versus 0.27% for NUDM. REFA is up 10.77% year-to-date (YTD) with +$3K in YTD flows. NUDM performs worse with 10.09% YTD performance, and +$30M in YTD flows. Run a side-by-side ETF comparison of REFA and NUDM below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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REFA vs NUDM performance and flow charts

Performance

0.01.02.03.04.05.06.0%May 18May 25Jun 1Jun 8Jun 15

Cumulative Flows

May 18May 25Jun 1Jun 8Jun 15

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Historic performance and flows
Data as of 06/18/2026
1M3MYTD1Y3Y5Y
Perf.
REFA
NUDM
+4.82%+5.12%
+7.01%+11.69%
+10.77%+10.09%
n/a+25.58%
n/a+58.50%
n/a+54.36%
Flows
REFA
NUDM
--
+$3K+$4M
+$3K+$30M
-+$59M
-+$166M
-+$402M
Volatility and drawdown
3M1Y3Y5Y
Volatility
REFA
NUDM
+17.78%+18.72%
n/a+14.73%
n/a+14.66%
n/a+15.54%
Max drawdown
REFA
NUDM
-4.13%-3.42%
n/a-12.18%
n/a-14.48%
n/a-29.85%
Max drawdown duration
REFA
NUDM
53d17d
n/a103d
n/a212d
n/a843d
Trading data

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REFA
NUDM
Last sale
6/18/2026 at 1:30 PM
$39.90
Previous close
06/18/2026
$39.67
Consolidated volume
06/18/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of May 29, 2026
1-year trailing difference

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REFA
NUDM
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 6/18/2026 at 1:30 PM
Live
Closed
REFA
NUDM
Last price
$39.90
1D performance
+0.58%
AuM$5.68 M$698.19 M
E/R0.32%0.27%
Characteristics
REFA
NUDM
Management strategyPassivePassive
ProviderColumbia Threadneedle InvestmentsNuveen
BenchmarkBeta Advantage Research Enhanced International Equity IndexMSCI TIAA ESG International Developed Markets Equity Index
N° of holdings180135
Asset class-Equities
Trailing 12m distribution yield
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Inception dateDecember 11, 2025June 7, 2017
ESGNoYes
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Exposure

Countries

REFA
Japan
23.15%
United Kingdom
15.37%
Germany
8.78%
France
8.72%
Australia
8.2%
Other
35.78%
NUDM
Japan
23.47%
United Kingdom
13.24%
France
9.6%
Switzerland
9.3%
Germany
9.08%
Other
35.31%

Sectors

REFA
Industrials
22.46%
Financials
18.23%
Health Care
9.98%
Materials
8.63%
Other
40.7%
NUDM
Financials
25.41%
Industrials
21.03%
Consumer Discreti.
10.35%
Health Care
8.72%
Information Techn.
8.33%
Consumer Staples
7.09%
Other
19.08%
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Diversification

REFA

Total weight of top 15 holdings out of 15

32.32%
NUDM

Total weight of top 15 holdings out of 15

29.27%

Top 15 holdings

Data as of April 30, 2026
REFA
ASML HOLDING
5.28%
BHP GROUP LTD
3.45%
NOVARTIS
3.24%
HITACHI
2.48%
SHELL PLC
2.14%
ASTRAZENECA
2.06%
SIEMENS ENERGY AG
2.05%
SONY GROUP CORPORATION
2.03%
MITSUBISHI
1.67%
DEUTSCHE TELEKOM AG
1.48%
SAFRAN
1.41%
BNP PARIBAS
1.31%
RECRUIT HLDGS CO LTD
1.27%
TOKIO MARINE HOLDINGS
1.25%
BRITISH AMERICAN TOBACCO
1.20%
NUDM
ASML HOLDING
3.78%
NOVARTIS
2.44%
SIEMENS
2.27%
ALLIANZ SE
2.03%
ABB
1.89%
SOFTBANK GROUP CORP
1.87%
SUMITOMO MITSUI
1.85%
PANASONIC HOLDINGS CORPORATION
1.84%
MIZUHO FINANCIAL
1.75%
MITSUBISHI ELECTRIC
1.73%
WESTPAC BANKING
1.70%
SAP SE
1.60%
GENERALI
1.57%
AXA
1.48%
UNILEVER PLC
1.47%
Frequently asked questions about REFA and NUDM

How have the REFA and NUDM ETFs performed in 2026?

As of June 18, 2026, REFA is up 10.77% year-to-date (YTD), while NUDM has returned 10.09%. That puts REFA better performer ahead so far this year.

Which ETF is attracting more investor money: REFA or NUDM?

Year-to-date, the REFA ETF saw +$3K in flows, compared to +$30M for NUDM.

Which ETF is bigger: REFA or NUDM?

As of June 18, 2026, REFA holds $5.68 M in assets under management (AUM), while NUDM manages $698.19 M.

What sectors do the REFA and NUDM ETFs invest in?

REFA leans toward sectors like Industrials, Financials and Health Care. Meanwhile, NUDM focuses on Financials, Industrials and Consumer Discretionary.

What are the top holdings of the REFA ETF and NUDM ETF?

REFA top holdings include ASML HOLDING, BHP GROUP LTD and NOVARTIS. NUDM holds in its top three: ASML HOLDING, NOVARTIS and SIEMENS.

Which ETF is more diversified: REFA or NUDM?

REFA holds 182 securities with 32.32% of its assets in the top 15. NUDM has 135 securities and a top 15 weight of 29.27%.

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