NETL

NETLease Corporate Real Estate ETF
*Unless otherwise stated, data provided by FactSet.

NETL Fund Description

The NETLease Corporate Real Estate ETF tracks an index that provides current income by investing in net lease US real estate equities weighted by a modified market-cap strategy.

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. Compared to our segment benchmark, NETL tilts more towards mid and small-cap companies. The index is reconstituted and rebalanced quarterly.

NETL Charts And Performance

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
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PERFORMANCE [as of 12/03/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
NETL -1.45% 2.64% -- -- -- -- --
NETL (NAV) -1.61% 2.52% -- -- -- -- --
Thomson Reuters US Residential & Commercial REITs -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

NETL Summary Data

NETL
03/22/19
Open-Ended Fund
0.60%
$30.66M
$313.14K
0.15%

NETL Portfolio Data

$7.86B
32.38
1.97
--
12/30/19
25

NETL Index Data

Fundamental Income Net Lease Real Estate Index
Tiered
Market Cap
Thomson Reuters US Residential & Commercial REITs

NETL Portfolio Management

0.60%
--
--
--

NETL Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

NETL Fund Structure

Open-Ended Fund
No
No
No Policy
N/A
N/A
High
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

NETL Factset Analytics Block Liquidity

As of 12/04/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of NETL. NETL is rated a 4 out of 5.

NETL Tradability

11,206
$313.14K
7,331
$200.93K
0.15%
$0.04
0.07%
0.25% / -0.10%
None
100.00%
25,000
0.29
0.04%
0.22%
0
$28.05
4

NETL Sector/Industry Breakdown


NETL
Segment Benchmark
77.67%
40.16%
13.02%
43.83%
9.31%
0.92%

NETL Countries


NETL
Segment Benchmark
100.00%
100.00%

NETL Regions


NETL
Segment Benchmark
100.00%
100.00%

NETL Economic Development


NETL
Segment Benchmark
100.00%
100.00%

NETL Performance Statistics

0.86
1.00
0.94
1.01
0.29%
Thomson Reuters US Residential & Commercial REITs

NETL Benchmark Comparison Holdings

25
187
22
9.63%

NETL Benchmark Comparison Summary


NETL
Segment Benchmark
25
187
$7.86B
$26.74B
32.38
54.20
1.97
2.61
4.60%
3.86%
High
Medium

NETL Benchmark Comparison Market Cap Size


NETL
Segment Benchmark
16.31%
58.52%
50.34%
33.69%
31.38%
7.41%
1.97%
0.38%