The Colterpoint Net Lease Real Estate ETF (NETL) offers focused exposure to U.S.-listed net lease real estate companies. With assets under management of $0.04 billion and an expense ratio of 0.60%, NETL targets companies deriving at least 85% of their revenue from net lease real estate operations. NETL's concentrated strategy differentiates it from broader real estate ETFs, providing investors with specialized exposure to this niche sector of the real estate market.
Colterpoint Net Lease Real Estate ETF (NETL) ETF — Price, Holdings & Analysis
The Colterpoint Net Lease Real Estate ETF (NETL) offers focused exposure to U.S.-listed net lease real estate companies. With assets under management of $0.04 billion and an expense ratio of 0.60%, NETL targets companies deriving at least 85% of their revenue from net lease real estate operations. NETL's concentrated strategy differentiates it from broader real estate ETFs, providing investors with specialized exposure to this niche sector of the real estate market.
ETF Overview
The index is generally composed of the U.S.-listed equity securities of companies that derive at least 85% of their earnings or revenues from real estate operations in the net lease real estate sector ("Eligible Companies"). Under normal circumstances, at least 80% of the fund’s net assets, plus borrowings for investment purposes, will be invested in corporate real estate companies. It is non-diversified.
The Colterpoint Net Lease Real Estate ETF (NETL) is designed for investors seeking targeted exposure to the net lease real estate sector. NETL invests, under normal circumstances, at least 80% of its net assets in companies that derive a significant portion of their earnings (at least 85%) from net lease real estate operations. This focus results in a portfolio concentrated in companies like Realty Income Corp (8.38%), W.P. Carey Inc (7.98%), and Agree Realty Corp (7.71%). The fund's strategy is to capture the performance of companies that own and manage properties leased to tenants under long-term net lease agreements, where tenants are responsible for property taxes, insurance, and maintenance. NETL is non-diversified, meaning it can invest a larger percentage of its assets in a smaller number of issuers compared to a diversified fund. This strategy is suitable for investors who have a strong conviction in the net lease real estate sector and are comfortable with the associated concentration risk.
Risk Metrics
Investing in NETL involves several risks. As a non-diversified fund, NETL's performance is closely tied to the performance of a limited number of holdings, increasing concentration risk. The fund's sector allocation is 100% to real estate, exposing it to sector-specific risks, such as changes in interest rates, property values, and economic conditions affecting tenants. With a beta of 0.94 (3Y), NETL's price is expected to fluctuate slightly less than the overall market. The expense ratio of 0.60% will reduce investment returns over time. Past performance does not guarantee future results.
NETL, or the Colterpoint Net Lease Real Estate ETF, is an exchange-traded fund that focuses on companies involved in the net lease real estate sector. The fund tracks an index composed of U.S.-listed equity securities of companies that derive at least 85% of their earnings or revenues from real estate operations in the net lease real estate sector. Under normal circumstances, at least 80% of the fund’s net assets are invested in corporate real estate companies, providing investors with targeted exposure to this specific area of the real estate market.
What is the expense ratio for NETL?
The expense ratio for NETL is 0.60%. This means that for every $10,000 invested in the fund, $60 is used to cover the fund's operating expenses annually. While this provides access to a specialized segment of the real estate market, the may be worth researching expense ratio's impact on overall returns, especially when compared to passively managed ETFs with lower expense ratios.
What are the top holdings in NETL?
The top holdings in NETL include some of the largest companies in the net lease real estate sector. As of 2026-03-15, the top three holdings are Realty Income Corp (O) at 8.38%, W.P. Carey Inc (WPC) at 7.98%, and Agree Realty Corp (ADC) at 7.71%. These companies represent a significant portion of the fund's assets, reflecting its concentrated investment strategy within the net lease industry.
Is NETL a good long-term investment?
Whether NETL is a suitable long-term investment depends on an investor's individual circumstances and risk tolerance. NETL offers targeted exposure to the net lease real estate sector, which can provide diversification benefits. However, its non-diversified nature and sector concentration also introduce specific risks. Investors should carefully consider their investment goals, time horizon, and risk appetite before investing in NETL. Past performance does not guarantee future results.
How does NETL compare to similar ETFs?
NETL distinguishes itself through its focused strategy on net lease real estate companies. While other real estate ETFs may offer broader exposure to various segments of the real estate market, NETL specifically targets companies deriving a majority of their revenue from net lease operations. With AUM of $0.04B, it is smaller than some of the larger, more diversified real estate ETFs. Its expense ratio of 0.60% may be higher than some passively managed broad-market real estate ETFs, but it reflects the specialized nature of its investment strategy.
Does NETL pay dividends?
According to the latest data, NETL's dividend yield is 0.00%. This indicates that the fund is not currently distributing dividends to its shareholders. Investors seeking income from their investments may want to consider other ETFs with a history of dividend payments. Keep in mind that dividend yields can fluctuate and are not guaranteed.