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REFAvsNUDMETF Comparison

ETF 1
REFA

Columbia Research Enhanced International Equity ETF

This fund is part of
DM Large & Mid Cap
-0.24%
VS
ETF 2
NUDM

NuShares ESG International Developed Markets Equity ETF

This fund is part of
DM Large & Mid Cap
-0.24%

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 0.28% for NUDM. REFA is up 6.02% year-to-date (YTD) with +$2K in YTD flows. NUDM performs worse with 4.91% 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

-20246810%Mar 24Mar 31Apr 8Apr 15Apr 22

Cumulative Flows

0 M1 M2 M3 M4 MMar 24Mar 31Apr 8Apr 15Apr 22

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 04/24/2026
1M3MYTD1Y3Y5Y
Perf.
REFA
NUDM
+4.90%+7.37%
+0.77%+0.24%
+6.02%+4.91%
n/a+26.22%
n/a+50.37%
n/a+48.27%
Flows
REFA
NUDM
-+$4M
+$2K+$19M
+$2K+$30M
-+$69M
-+$172M
-+$408M
Volatility and drawdown
3M1Y3Y5Y
Volatility
REFA
NUDM
+20.47%+21.63%
n/a+14.42%
n/a+14.54%
n/a+15.51%
Max drawdown
REFA
NUDM
-10.47%-12.18%
n/a-12.18%
n/a-14.48%
n/a-29.85%
Max drawdown duration
REFA
NUDM
54d54d
n/a54d
n/a212d
n/a843d
Trading data

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REFA
NUDM
Last sale
4/28/2026 at 1:30 PM
$37.78
Previous close
04/27/2026
$38.02
Consolidated volume
04/27/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of March 31, 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 4/28/2026 at 1:30 PM
Live
Closed
REFA
NUDM
Last price
$37.78
1D performance
-0.62%
AuM$5.43 M$665.35 M
E/R0.32%0.28%
Characteristics
REFA
NUDM
Management strategyPassivePassive
ProviderColumbia Threadneedle InvestmentsNuveen
BenchmarkBeta Advantage Research Enhanced International Equity IndexMSCI TIAA ESG International Developed Markets Equity Index
N° of holdings184143
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
23.77%
United Kingdom
16.06%
Germany
8.78%
France
8.69%
Switzerland
7.71%
Australia
7.64%
Other
27.35%
NUDM
Japan
22.86%
United Kingdom
13.47%
France
9.57%
Switzerland
9.34%
Germany
9%
Other
35.76%

Sectors

REFA
Industrials
21.86%
Financials
18.1%
Health Care
10.68%
Materials
7.34%
Other
42.02%
NUDM
Financials
25.13%
Industrials
19.93%
Consumer Discreti.
10.71%
Health Care
9.72%
Information Techn.
8.99%
Other
25.53%
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Diversification

REFA

Total weight of top 15 holdings out of 15

34.39%
NUDM

Total weight of top 15 holdings out of 15

28.15%

Top 15 holdings

Data as of March 31, 2026
REFA
ASML HOLDING
4.98%
NOVARTIS
3.47%
CH1499059983
3.33%
BHP GROUP LTD
3.08%
SHELL PLC
2.38%
ASTRAZENECA
2.19%
HITACHI
2.17%
SONY GROUP CORPORATION
2.14%
MITSUBISHI
1.94%
DEUTSCHE TELEKOM AG
1.79%
SIEMENS ENERGY AG
1.68%
SAFRAN
1.46%
TOKIO MARINE HOLDINGS
1.33%
BRITISH AMERICAN TOBACCO
1.25%
BNP PARIBAS
1.20%
NUDM
ASML HOLDING
3.81%
NOVARTIS
2.71%
ALLIANZ SE
1.97%
SIEMENS
1.97%
WESTPAC BANKING
1.78%
SUMITOMO MITSUI
1.76%
PANASONIC HOLDINGS CORPORATION
1.67%
SAP SE
1.67%
MIZUHO FINANCIAL
1.65%
ABB
1.65%
MITSUBISHI ELECTRIC
1.53%
GB00BVZK7T90
1.52%
SONY GROUP CORPORATION
1.49%
AXA
1.49%
GENERALI
1.49%
Frequently asked questions about REFA and NUDM

How have the REFA and NUDM ETFs performed in 2026?

As of April 24, 2026, REFA is up 6.02% year-to-date (YTD), while NUDM has returned 4.91%. 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 +$2K in flows, compared to +$30M for NUDM.

Which ETF is bigger: REFA or NUDM?

As of April 24, 2026, REFA holds $5.43 M in assets under management (AUM), while NUDM manages $665.35 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, NOVARTIS and CH1499059983. NUDM holds in its top three: ASML HOLDING, NOVARTIS and ALLIANZ SE.

Which ETF is more diversified: REFA or NUDM?

REFA holds 192 securities with 34.39% of its assets in the top 15. NUDM has 148 securities and a top 15 weight of 28.15%.

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