NETL vs. SRVR

Last updated Jun 4, 2026

NETL (NETLease Corporate Real Estate ETF) and SRVR (Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF) are both REIT funds - NETL tracks the Fundamental Income Net Lease Real Estate Index while SRVR tracks the Benchmark Data & Infrastructure Real Estate SCTR Index. Both are passively managed. Over the past 5 years, NETL returned 1.33%/yr vs -0.81%/yr for SRVR. A 0.64 correlation means they provide meaningful diversification when combined. Both charge a 0.60% expense ratio.

Performance

NETL vs. SRVR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NETLease Corporate Real Estate ETF (NETL) and Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF (SRVR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NETL achieves a 10.34% return, which is significantly lower than SRVR's 19.79% return.

NETL

• 1D: -1.14%
• 1M: -1.07%
• YTD: 10.34%
• 6M: 9.20%
• 1Y: 11.59%
• 3Y*: 7.12%
• 5Y*: 1.33%
• 10Y*: —

SRVR

• 1D: -1.79%
• 1M: -2.74%
• YTD: 19.79%
• 6M: 20.69%
• 1Y: 11.19%
• 3Y*: 8.85%
• 5Y*: -0.81%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

NETL vs. SRVR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
NETL NETLease Corporate Real Estate ETF	10.34%	6.05%	-1.08%	2.69%	-16.16%	27.36%	-0.73%	13.15%
SRVR Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF	19.79%	-1.99%	2.70%	6.84%	-31.90%	22.31%	11.99%	19.34%

Correlation

The correlation between NETL and SRVR is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (5Y) Calculated over the trailing 5-year period	0.67
Correlation (All Time) Calculated using the full available price history since Mar 25, 2019	0.64

Over the past year, the correlation between NETL and SRVR has dropped to 0.39 - well below their long-term average of 0.64, suggesting their price drivers have been diverging.

NETL vs. SRVR - Sectors Allocation Comparison

Sectors	NETL	SRVR
Real Estate	100.0%	66.4%
Basic Materials	-	0.8%
Communication Services	-	7.5%
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	3.8%
Financial Services	-	0.9%
Healthcare	-	-
Industrials	-	11.7%
Technology	-	6.8%
Utilities	-	2.2%

Return for Risk

NETL vs. SRVR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NETL

NETL Risk / Return Rank: 25
NETL Sharpe Ratio Rank: 24
NETL Sortino Ratio Rank: 23
NETL Omega Ratio Rank: 22
NETL Calmar Ratio Rank: 26
NETL Martin Ratio Rank: 29

SRVR

SRVR Risk / Return Rank: 19
SRVR Sharpe Ratio Rank: 20
SRVR Sortino Ratio Rank: 19
SRVR Omega Ratio Rank: 19
SRVR Calmar Ratio Rank: 18
SRVR Martin Ratio Rank: 17

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NETL vs. SRVR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NETLease Corporate Real Estate ETF (NETL) and Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF (SRVR). 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.

	NETL	SRVR	Difference
Sharpe ratio: Return per unit of total volatility	0.86	0.67	+0.19
Sortino ratio: Return per unit of downside risk	1.26	1.05	+0.21
Omega ratio: Gain probability vs. loss probability	1.15	1.13	+0.02
Calmar ratio: Return relative to maximum drawdown	1.27	0.76	+0.51
Martin ratio: Return relative to average drawdown	3.99	1.64	+2.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NETL vs. SRVR - Sharpe Ratio Comparison

The current NETL Sharpe Ratio is 0.86, which is comparable to the SRVR Sharpe Ratio of 0.67. The chart below compares the historical Sharpe Ratios of NETL and SRVR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NETL	SRVR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.86	0.67	+0.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.07	-0.04	+0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.30	-0.10

Drawdowns

NETL vs. SRVR - Drawdown Comparison

The maximum NETL drawdown since its inception was -51.48%, which is greater than SRVR's maximum drawdown of -40.99%. Use the drawdown chart below to compare losses from any high point for NETL and SRVR.

Drawdown Indicators

	NETL	SRVR	Difference
Max Drawdown Largest peak-to-trough decline	-51.48%	-40.99%	-10.49%
Max Drawdown (1Y) Largest decline over 1 year	-9.16%	-14.78%	+5.62%
Max Drawdown (3Y) Largest decline over 3 years	-19.30%	-18.34%	-0.96%
Max Drawdown (5Y) Largest decline over 5 years	-30.74%	-40.99%	+10.25%
Current Drawdown Current decline from peak	-3.68%	-12.28%	+8.60%
Average Drawdown Average peak-to-trough decline	-11.65%	-15.27%	+3.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.91%	6.83%	-3.92%

Volatility

NETL vs. SRVR - Volatility Comparison

The current volatility for NETLease Corporate Real Estate ETF (NETL) is 3.66%, while Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF (SRVR) has a volatility of 5.47%. This indicates that NETL experiences smaller price fluctuations and is considered to be less risky than SRVR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NETL	SRVR	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.66%	5.47%	-1.81%
Volatility (6M) Calculated over the trailing 6-month period	9.66%	13.12%	-3.46%
Volatility (1Y) Calculated over the trailing 1-year period	13.57%	16.72%	-3.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.94%	19.71%	-1.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.92%	21.44%	+4.48%

NETL vs. SRVR - Expense Ratio Comparison

Both NETL and SRVR have an expense ratio of 0.60%.

Dividends

NETL vs. SRVR - Dividend Comparison

NETL's dividend yield for the trailing twelve months is around 4.83%, more than SRVR's 2.70% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
NETL NETLease Corporate Real Estate ETF	4.83%	5.12%	5.08%	4.57%	4.47%	4.03%	3.98%	2.52%	0.00%
SRVR Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF	2.70%	2.67%	2.00%	3.69%	1.70%	1.19%	1.59%	1.61%	2.13%

Frequently Asked Questions

Can I hold both NETL and SRVR in my portfolio?

NETL and SRVR have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NETL or SRVR?

SRVR has higher volatility (5.47%) compared to NETL (3.66%). In terms of maximum drawdown, NETL dropped -51.48% vs SRVR's -40.99%.

Which ETF is better, NETL or SRVR?

On 5-year performance, NETL leads with 1.33% vs -0.81% for SRVR. Both ETFs have the same 0.60% expense ratio. On volatility, NETL has been the lower-risk option at 3.66%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NETL or SRVR?

Over the 5-year period, NETL has performed better with a 1.33% return vs -0.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NETL or SRVR?

NETL and SRVR have the same expense ratio: 0.60% per year.

Which ETF pays a higher dividend yield, NETL or SRVR?

NETL has the higher dividend yield at 4.83%, compared with 2.70% for SRVR.

What is the main difference between NETL and SRVR?

NETL tracks Fundamental Income Net Lease Real Estate Index, while SRVR tracks Benchmark Data & Infrastructure Real Estate SCTR Index. They also come from different issuers: Exchange Traded Concepts and Pacer.

Which has better risk-adjusted returns?

NETL currently has the higher Sharpe Ratio (0.86 vs 0.67), 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.