NETL

Fund Description
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.
Fund Profile
Fund Name NETLease Corporate Real Estate ETF
Fund Exchange Ticker NETL
Fund Sponsor Exchange Traded Concepts
Fund ISIN US26922A2481
Net Expense Ratio 0.60 %
Fund Inception Date 21 March 2019
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - Industry Sector
Asset Class Equities (Stocks)
Index Linked Passive
Index Name Fundamental Income Net Lease Real Estate Index
Index Provider Fundamental Income
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Broad Market / Multi-Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 31 July 2020
Asset Under Management 43.81 Million (USD)
1 Month Total Return -0.11 %
Year To Date Return -15.33 %
1 Year Total Return -9.93 %
3 Year Annualized Total Return
NAV 22.7603
Share Outstanding 1,925,000
Top 10 Holdings (31 July 2020)
Constituent Name Constituent Ticker Constituent Type Weighting
STORE CAPITAL CORP STOR EQUI 0.0865000000
WP CAREY INC WPC EQUI 0.0841000000
VEREIT INC VER EQUI 0.0839000000
NATIONAL RETAIL PROPERTIES NNN EQUI 0.0797000000
REALTY INCOME CORP O EQUI 0.0767000000
INNOVATIVE INDL PPTYS INC IIPR EQUI 0.0450000000
SPIRIT REALTY CAPITAL INC SRC EQUI 0.0428000000
STAG INDUSTRIAL INC STAG EQUI 0.0428000000
LEXINGTON REALTY TRUST LXP EQUI 0.0421000000
GLOBAL NET LEASE INC GNL EQUI 0.0419000000