NETL

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

NETL Fund Description

NETL 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. The index is reconstituted and rebalanced quarterly.

NETL MSCI ESG Analytics Insight

NETLease Corporate Real Estate ETF has an MSCI ESG Fund Rating of B based on a score of 2.34 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. NETLease Corporate Real Estate ETF ranks in the 2nd percentile within its peer group and in the 6th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

NETL MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

PERFORMANCE [as of 09/27/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
NETL -3.00% 1.38% 18.64% 41.34% -- -- --
NETL (NAV) -5.58% -0.63% 17.24% 37.50% -- -- --
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%
$125.30M
$523.77K
0.27%

NETL Portfolio Data

$8.31B
42.40
1.98
3.65%
N/A
24

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%
0.13%
Ordinary income
No

NETL Fund Structure

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

NETL Factset Analytics Block Liquidity

As of 09/28/21
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

16,684
$523.77K
9,359
$290.86K
0.27%
$0.09
0.09%
0.73% / -0.41%
None
95.00%
25,000
0.37
0.03%
0.19%
166
$29.98
4

NETL Sector/Industry Breakdown


NETL
Segment Benchmark
68.54%
38.30%
15.21%
44.77%
9.22%
0.72%
2.26%
0.05%

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

0.81
1.18
1.20
1.18
0.57%
Thomson Reuters US Residential & Commercial REITs

NETL MSCI ESG Ratings

2.34 / 10
5.56
2.06
3.32%
0.23%
68.88

NETL Benchmark Comparison Holdings

24
176
23
8.99%

NETL Benchmark Comparison Summary


NETL
Segment Benchmark
24
176
$8.31B
$40.27B
42.40
56.62
1.98
2.98
4.08%
2.89%
High
Medium

NETL Benchmark Comparison Market Cap Size


NETL
Segment Benchmark
20.46%
67.59%
62.78%
26.14%
16.75%
6.10%
0.00%
0.17%