NETL vs. SRET
Compare and contrast key facts about NETLease Corporate Real Estate ETF (NETL) and Global X SuperDividend REIT ETF (SRET).
NETL and SRET are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NETL is a passively managed fund by Exchange Traded Concepts that tracks the performance of the Fundamental Income Net Lease Real Estate Index. It was launched on Mar 22, 2019. SRET is a passively managed fund by Global X that tracks the performance of the Solactive Global SuperDividend REIT Index. It was launched on Mar 17, 2015. Both NETL and SRET are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NETL or SRET.
Key characteristics
| NETL | SRET | |
|---|---|---|
| YTD Return | -3.99% | -7.09% |
| 1Y Return | 2.94% | 1.86% |
| 3Y Return (Ann) | -1.93% | -5.54% |
| 5Y Return (Ann) | 3.01% | -8.14% |
| Sharpe Ratio | 0.08 | 0.05 |
| Daily Std Dev | 18.83% | 17.95% |
| Max Drawdown | -51.50% | -66.98% |
| Current Drawdown | -17.54% | -41.60% |
Correlation
The correlation between NETL and SRET is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
NETL vs. SRET - Performance Comparison
In the year-to-date period, NETL achieves a -3.99% return, which is significantly higher than SRET's -7.09% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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NETL vs. SRET - Expense Ratio Comparison
NETL has a 0.60% expense ratio, which is higher than SRET's 0.58% expense ratio.
Risk-Adjusted Performance
NETL vs. SRET - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NETLease Corporate Real Estate ETF (NETL) and Global X SuperDividend REIT ETF (SRET). 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.
Dividends
NETL vs. SRET - Dividend Comparison
NETL's dividend yield for the trailing twelve months is around 4.90%, less than SRET's 7.90% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
NETL NETLease Corporate Real Estate ETF | 4.90% | 4.56% | 4.47% | 4.03% | 3.95% | 2.52% | 0.00% | 0.00% | 0.00% | 0.00% |
SRET Global X SuperDividend REIT ETF | 7.90% | 7.21% | 8.30% | 6.33% | 8.92% | 7.77% | 8.51% | 8.17% | 8.05% | 7.71% |
Drawdowns
NETL vs. SRET - Drawdown Comparison
The maximum NETL drawdown since its inception was -51.50%, smaller than the maximum SRET drawdown of -66.98%. Use the drawdown chart below to compare losses from any high point for NETL and SRET. For additional features, visit the drawdowns tool.
Volatility
NETL vs. SRET - Volatility Comparison
NETLease Corporate Real Estate ETF (NETL) and Global X SuperDividend REIT ETF (SRET) have volatilities of 4.16% and 4.09%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.