NETL vs. PLD
NETL (NETLease Corporate Real Estate ETF) is REIT fund tracking the Fundamental Income Net Lease Real Estate Index, while PLD (Prologis, Inc.) is a stock. Over the past 5 years, NETL returned 1.88%/yr vs 6.52%/yr for PLD. A 0.68 correlation means they provide meaningful diversification when combined.
Performance
NETL vs. PLD - Performance Comparison
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Returns By Period
In the year-to-date period, NETL achieves a 12.00% return, which is significantly lower than PLD's 14.40% return.
NETL
- 1D
- 0.35%
- 1M
- -1.59%
- YTD
- 12.00%
- 6M
- 12.28%
- 1Y
- 11.58%
- 3Y*
- 8.98%
- 5Y*
- 1.88%
- 10Y*
- —
PLD
- 1D
- 2.34%
- 1M
- -0.70%
- YTD
- 14.40%
- 6M
- 14.46%
- 1Y
- 40.50%
- 3Y*
- 10.63%
- 5Y*
- 6.52%
- 10Y*
- 14.78%
NETL vs. PLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
NETL NETLease Corporate Real Estate ETF | 12.00% | 6.05% | -1.08% | 2.69% | -16.16% | 27.36% | -0.73% | 12.04% |
PLD Prologis, Inc. | 14.40% | 25.08% | -18.12% | 21.58% | -31.33% | 72.33% | 14.74% | 26.08% |
Correlation
The correlation between NETL and PLD is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Mar 22, 2019 | 0.68 |
The correlation between NETL and PLD has been stable across timeframes, ranging from 0.68 to 0.71 - a consistent structural relationship.
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Return for Risk
NETL vs. PLD — Risk / Return Rank
NETL
PLD
NETL vs. PLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NETLease Corporate Real Estate ETF (NETL) and Prologis, Inc. (PLD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NETL | PLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.03 | ||
| Sortino ratioReturn per unit of downside risk | -1.43 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.32 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.27 | 4.24 | -2.98 |
| Martin ratioReturn relative to average drawdown | 3.94 | 13.95 | -10.01 |
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Drawdowns
NETL vs. PLD - Drawdown Comparison
The maximum NETL drawdown since its inception was -51.48%, smaller than the maximum PLD drawdown of -84.70%. Use the drawdown chart below to compare losses from any high point for NETL and PLD.
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Drawdown Indicators
| NETL | PLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.48% | -84.70% | +33.22% |
Max Drawdown (1Y)Largest decline over 1 year | -9.16% | -9.59% | +0.43% |
Max Drawdown (3Y)Largest decline over 3 years | -19.30% | -31.37% | +12.07% |
Max Drawdown (5Y)Largest decline over 5 years | -30.74% | -43.30% | +12.56% |
Max Drawdown (10Y)Largest decline over 10 years | — | -43.30% | — |
Current DrawdownCurrent decline from peak | -3.47% | -5.30% | +1.83% |
Average DrawdownAverage peak-to-trough decline | -11.58% | -17.35% | +5.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.94% | 2.91% | +0.03% |
Volatility
NETL vs. PLD - Volatility Comparison
The current volatility for NETLease Corporate Real Estate ETF (NETL) is 4.96%, while Prologis, Inc. (PLD) has a volatility of 7.46%. This indicates that NETL experiences smaller price fluctuations and is considered to be less risky than PLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NETL | PLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.96% | 7.46% | -2.50% |
Volatility (6M)Calculated over the trailing 6-month period | 10.31% | 15.05% | -4.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.07% | 21.90% | -7.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.98% | 26.98% | -9.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.87% | 27.04% | -1.17% |
Dividends
NETL vs. PLD - Dividend Comparison
NETL's dividend yield for the trailing twelve months is around 4.76%, more than PLD's 2.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NETL NETLease Corporate Real Estate ETF | 4.76% | 5.12% | 5.08% | 4.57% | 4.47% | 4.03% | 3.98% | 2.52% | 0.00% | 0.00% | 0.00% | 0.00% |
PLD Prologis, Inc. | 2.89% | 3.16% | 3.63% | 2.61% | 2.80% | 1.50% | 2.33% | 2.38% | 3.27% | 2.73% | 3.18% | 3.54% |
Frequently Asked Questions
NETL and PLD have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PLD has higher volatility (7.46%) compared to NETL (4.96%). In terms of maximum drawdown, NETL dropped -51.48% vs PLD's -84.70%.
PLD currently has the higher Sharpe Ratio (1.86 vs 0.83), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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