What is NETL?

NETL tracks an index that provides current income by investing in net lease US real estate equities weighted by a modified market-cap strategy.

PERFORMANCE [as of 03/22/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
NETL -9.19% -5.90% -6.48% -14.82% 18.78% -- --
NETL (NAV) -9.63% -6.31% -6.25% -14.47% 18.66% -- --
Fundamental Income Net Lease Real Estate Index -9.63% -6.20% -6.14% -13.98% 19.56% -- --
MSCI USA IMI / Real Estate -SEC -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

NETL Factset Analytics Insight

NETL is the first ETF on the market that focuses on the specific type of REIT, net lease real estate. A “net lease” is an arrangement that requires the tenant to pay all or a portion of the taxes, fees, and maintenance costs for a property in addition to rent. The fund will generally include US companies that derive at least 85% of their revenues from real estate operations in the net lease real estate sector. NETL will include securities of companies with both a diversified customer or tenant base (“Diversified Companies”) and those generating more than half their revenue from a single customer or tenant (“Non-Diversified Companies”). The Index caps the top five holdings at 8%, and the remainder at 4%, except for non-diversified companies, which are capped at 3.5% individually, and capped at 12.5% as a whole. The index is reconstituted and rebalanced quarterly.

NETL Summary Data

03/22/19
0.60%
$94.41M
Fundamental Income Net Lease Real Estate Index
MSCI USA IMI / Real Estate -SEC
Open-Ended Fund

Peers

MSCI USA IMI / Real Estate -SEC

Fund Flows

+$0.00B 5 Days
+$0.00B 30 Days
+$0.01B 90 Days

NETL Portfolio Data

$10.82B
30.93
1.53
4.82%
N/A
24

NETL Index Data

Fundamental Income Net Lease Real Estate Index
Tiered
Market Cap
MSCI USA IMI / Real Estate -SEC

NETL Portfolio Management

0.60%
-0.49%
-0.37%
-0.77%

NETL Tax Exposures

20.00% / 39.60%
0.57%
Ordinary income
No

NETL Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 03/23/23

This measurement shows how easy it is to trade a $1 million USD block of NETL. NETL is rated a 3 out of 5.

NETL Tradability

16,952
$441.78K
11,651
$297.46K
0.54%
$0.14
0.18%
0.69% / -0.23%
None
100.00%
25,000
0.47
0.03%
0.25%
77
$23.63
3

NETL Sector/Industry Breakdown

NETL Segment
Benchmark
99.76% --
0.12% --
0.12% --

NETL Performance Statistics

--
--
--
--
--
MSCI USA IMI / Real Estate -SEC

NETL Countries

NETL Segment
Benchmark
99.14% --

NETL Regions

NETL Segment
Benchmark
99.14% --

NETL Economic Development

NETL Segment
Benchmark
99.14% --
0.00% --

NETL Benchmark Comparison Holdings

24
--
--
--

NETL Benchmark Comparison Summary

NETL Segment
Benchmark
24 --
$10.82B --
30.93 --
1.53 --
5.38% --
High --

NETL Benchmark Comparison Market Cap Size

NETL Segment
Benchmark
27.64% --
40.60% --
22.24% --
8.86% --