NETL
NETLease Corporate Real Estate ETF
The NETLease Corporate Real Estate ETF seeks to track the performance before fees and expenses of the Fundamental Income Net Lease Real Estate Index. NETL seeks to provide investors access to sustainable income with predictable growth through investments
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 45.9 M
ASSETS UNDER MGMT
60 bp
EXPENSES
Fund Basics
| Inception date | Mar 21, 2019 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Annually |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| REALTY INCOME CORP | 8.3 % |
| WP CAREY INC | 7.9 % |
| AGREE REALTY CORP | 7.8 % |
| VICI PROPERTIES INC | 7.3 % |
| STAG INDUSTRIAL INC | 7.2 % |
| GETTY REALTY CORP | 4.3 % |
| GLOBAL NET LEASE INC | 4.3 % |
| NETSTREIT CORP. | 4.1 % |
| BROADSTONE NET LEASE, INC. | 4.1 % |
| NATIONAL RETAIL PROPERTIES | 4.0 % |
Constituent Breakdown
| Number of holdings | 22 |
| Herfindahl-Hirschman Index | 528 |
| Wgt avg mkt cap (mns) | $10,932 |
| Large cap (>$10bn) | 31.2% |
| Mid cap ($2-10bn) | 34.6% |
| Small cap (<$2bn) | 33.3% |
| Developed mkts. | 99.1% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 99.3 % |
Historical Performance
Standardized Performance (as of 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 13.0% | 6.9% | 8.8% | 1.0% | -0.2% | -- | -- | 1.1% |
| Dividend Yield | 0.9% | 5.5% | 5.5% | 5.1% | 4.9% | -- | -- | 4.6% |
| Total Returns | 13.9% | 12.3% | 14.4% | 6.1% | 4.7% | -- | -- | 5.7% | Ann. Volatility | 13.7% | 15.7% | 16.0% | 17.1% | 18.1% | -- | -- | 26.3% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.34 | 17% |
| MSCI EAFE | 0.50 | 27% |
| MSCI Emg Mkts | 0.32 | 14% |
Liquidity Measures
| Avg. volume (000) | 12 |
| ADV traded (mns) | $0 |
| Turnover | 0.7% |
| Avg. Bid/Ask (% of price) | 0.42% |
Technical Indicators
| 30d moving avg. (EMA) | $25.94 |
| Relative strength (RSI) | 56 |
| MACD/Signal | 0.22/0.36 |
| Bollinger Bands (Upper/Lower) | $27.04/$25.65 |
| Short interest (% of AUM) | 0.7% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. NETL |
Expenses vs. NETL |
ALTAR Score™ vs. NETL |
|---|---|---|---|---|
| KBWY | Invesco KBW Premium Yield Equity REIT ETF | 28.5% | -25 bp | +3.2% |
| RDOG | ALPS REIT Dividend Dogs ETF | 28.4% | -25 bp | +6.6% |
| RIET | Hoya Capital High Dividend Yield ETF | 19.3% | -10 bp | +6.6% |
| IRET | iREIT - MarketVector Quality REIT Index ETF | 18.7% | 0 bp | -0.4% |
| SRET | Global X SuperDividend REIT ETF | 18.2% | -1 bp | +5.5% |
| BLDG | Cambria Global Real Estate ETF | 16.6% | 0 bp | +4.2% |
| PPTY | US Diversified Real Estate ETF | 14.4% | -7 bp | +1.5% |
| USRT | iShares Core U.S. REIT ETF | 14.0% | -52 bp | +0.6% |
| FRI | First Trust S&P REIT Index Fund | 13.8% | -10 bp | +0.1% |
| BBRE | JPMorgan BetaBuilders MSCI U.S. REIT ETF | 13.5% | -49 bp | +0.8% |
Risk and Returns: NETL vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 3/19/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
7.2%
ALTAR SCORE™
77th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 1,189 funds in the US Equity category with an average
ALTAR Score™ of 5.7% and a standard deviation
of 2.1%. NETL's ALTAR Score™ is approximately 0.7 standard
deviations above the category average. This places NETL in the 77th percentile
among funds in the category.
Sell-Side Consensus
$28.26
PRICE TARGET
+9.4%
UPSIDE