NETLNETLease Corporate Real Estate ETF
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 2.72 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 3th 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.
NETL Summary Data
NETL Portfolio Data
NETL Index Data
NETL Portfolio Management
NETL Tax Exposures
NETL Fund Structure
NETL Factset Analytics Block Liquidity
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 Sector/Industry Breakdown
NETL Top 10 Holdings[View All]
NETL Economic Development
NETL Performance Statistics
NETL MSCI ESG Ratings
NETL Benchmark Comparison Summary
NETL Benchmark Comparison Market Cap Size