Skip to Content
ETFs

NETLease Corporate Real Estate ETF

NETL
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Mar 21 2019
Expense Ratio
0.60%
Type
US Equities
Fund Owner
Exchange Traded Concepts
Volume (1m avg. daily)
$455,578
AUM
$73,772,107
Associated Index
Fundamental Income Net Lease Real Estate Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

VICI
VICI Properties Inc
8.25%
STAG
STAG Industrial Inc
8.14%
O
Realty Income Corp.
7.88%
NNN
NNN REIT Inc
7.84%
WPC
W. P. Carey Inc
7.59%
NTST
Netstreit Corp
4.12%
LXP
LXP Industrial Trust
4.11%
GTY
Getty Realty Corp.
4.10%
EPRT
Essential Properties Realty Trust Inc
4.02%
IIPR
Innovative Industrial Properties Inc
4.00%
Invest with NETL

What is NETL?

NETLease Corporate Real Estate ETF seeks to track the performance of the Fundamental Income Net Lease Real Estate Index. The Fundamental Income Net Lease Real Estate Index (NNNLSCTR) is a rules based, passive index that, for the first time, defines and tracks the performance of the rapidly expanding net lease real estate sector in a diversified manner. The Index uniquely defines a sector not by the underling property types, i.e. industrial, retail, office, etc., but rather by the controlling legal document known as a net lease which can be used with any property type. The Index includes only equity REITs which derive the majority of their revenue from net leases. The Index also places important limitations on concentration in any one constituent or tenant which creates a highly diversified portfolio spanning multiple investment teams, tenant industries, property types, geographic location, and most importantly tenants.

ETFs related toNETL

ETFs correlated to NETL include BBRE, USRT, RWR

NETL
ETF Series Solutions Trust - NETLease Corporate Real Estate ETF
BBRE
J.P.Morgan Investment Management Inc. - JPMorgan BetaBuilders MSCI U.S. REIT ETF
USRT
BlackRock Institutional Trust Company N.A. - iShares Core U.S. REIT ETF
RWR
SPDR Series Trust - SPDR DJ Wilshire REIT ETF
SCHH
Schwab Strategic Trust - Schwab U.S. REIT ETF
VNQ
Vanguard Group, Inc. - Vanguard Real Estate Index Fund ETF
DFAR
Dimensional ETF Trust - Dimensional US Real Estate ETF
REET
BlackRock Institutional Trust Company N.A. - iShares Global REIT ETF
FREL
Fidelity Covington Trust - Fidelity MSCI Real Estate Index ETF
IYR
BlackRock Institutional Trust Company N.A. - iShares U.S. Real Estate ETF
RWO
SSgA Active Trust - SPDR Dow Jones Global Real Estate ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toNETL

#PTS

Pick the Trending Sector

Category

Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

#DB

Diversification at its Best

Category

Tactical Asset Allocation, Be Risk Aware, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with NETL using Composer

FAQ

NETL is a US Equities ETF. NETLease Corporate Real Estate ETF seeks to track the performance of the Fundamental Income Net Lease Real Estate Index. The Fundamental Income Net Lease Real Estate Index (NNNLSCTR) is a rules based, passive index that, for the first time, defines and tracks the performance of the rapidly expanding net lease real estate sector in a diversified manner. The Index uniquely defines a sector not by the underling property types, i.e. industrial, retail, office, etc., but rather by the controlling legal document known as a net lease which can be used with any property type. The Index includes only equity REITs which derive the majority of their revenue from net leases. The Index also places important limitations on concentration in any one constituent or tenant which creates a highly diversified portfolio spanning multiple investment teams, tenant industries, property types, geographic location, and most importantly tenants.

NETL tracks the Fundamental Income Net Lease Real Estate Index.

No, NETL is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, NETL is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on NETL is -0.0488%. This is the percent change in the value of NETL over the most recent 1-month period. The 3-month return on NETL is -0.058%. This is the percent change in the value of NETL over the most recent 3-month period.

The standard deviation of NETL for the past year is 0.1952%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to NETL include XLI, XLY, and XLV.

ETFs correlated to NETL include BBRE, USRT, and RWR.

ETFs that are inversely correlated to NETL include SRS, DRV, and RWM.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.