NETLease Corporate Real Estate ETF
Top 10 Holdings
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
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.
Pick the Trending Sector
Grow Your Portfolio, Ride the Momentum
Diversification at its Best
Tactical Asset Allocation, Be Risk Aware, Diversification
Create your own algorithmic trading strategy with NETL using Composer
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.