NETL vs. WTRE
NETL (NETLease Corporate Real Estate ETF) and WTRE (WisdomTree New Economy Real Estate ETF) are both REIT funds - NETL tracks the Fundamental Income Net Lease Real Estate Index while WTRE tracks the CenterSquare New Economy Real Estate Index. Both are passively managed. Over the past 5 years, NETL returned 2.20%/yr vs 1.15%/yr for WTRE. A 0.60 correlation means they provide meaningful diversification when combined. NETL charges 0.60%/yr vs 0.58%/yr for WTRE.
Performance
NETL vs. WTRE - Performance Comparison
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Returns By Period
In the year-to-date period, NETL achieves a 14.61% return, which is significantly lower than WTRE's 18.57% return.
NETL
- 1D
- 0.72%
- 1M
- 0.70%
- YTD
- 14.61%
- 6M
- 14.73%
- 1Y
- 12.86%
- 3Y*
- 9.82%
- 5Y*
- 2.20%
- 10Y*
- —
WTRE
- 1D
- -1.19%
- 1M
- -3.13%
- YTD
- 18.57%
- 6M
- 17.69%
- 1Y
- 32.94%
- 3Y*
- 18.57%
- 5Y*
- 1.15%
- 10Y*
- 3.82%
NETL vs. WTRE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
NETL NETLease Corporate Real Estate ETF | 14.61% | 6.05% | -1.08% | 2.69% | -16.16% | 27.36% | -0.73% | 12.04% |
WTRE WisdomTree New Economy Real Estate ETF | 18.57% | 26.36% | -3.27% | 14.07% | -31.68% | 1.00% | -15.74% | 6.35% |
Correlation
The correlation between NETL and WTRE is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since Mar 22, 2019 | 0.60 |
Over the past year, the correlation between NETL and WTRE has dropped to 0.31 - well below their long-term average of 0.60, suggesting their price drivers have been diverging.
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Return for Risk
NETL vs. WTRE — Risk / Return Rank
NETL
WTRE
NETL vs. WTRE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NETLease Corporate Real Estate ETF (NETL) and WisdomTree New Economy Real Estate ETF (WTRE). 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 | WTRE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.68 | ||
| Sortino ratioReturn per unit of downside risk | -0.85 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.27 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.41 | 2.33 | -0.92 |
| Martin ratioReturn relative to average drawdown | 4.43 | 6.31 | -1.88 |
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Drawdowns
NETL vs. WTRE - Drawdown Comparison
The maximum NETL drawdown since its inception was -51.48%, smaller than the maximum WTRE drawdown of -74.18%. Use the drawdown chart below to compare losses from any high point for NETL and WTRE.
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Drawdown Indicators
| NETL | WTRE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.48% | -74.18% | +22.70% |
Max Drawdown (1Y)Largest decline over 1 year | -9.16% | -14.22% | +5.06% |
Max Drawdown (3Y)Largest decline over 3 years | -19.30% | -22.14% | +2.84% |
Max Drawdown (5Y)Largest decline over 5 years | -30.74% | -42.54% | +11.80% |
Max Drawdown (10Y)Largest decline over 10 years | — | -48.47% | — |
Current DrawdownCurrent decline from peak | -1.23% | -6.45% | +5.22% |
Average DrawdownAverage peak-to-trough decline | -11.57% | -24.92% | +13.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.92% | 5.23% | -2.31% |
Volatility
NETL vs. WTRE - Volatility Comparison
The current volatility for NETLease Corporate Real Estate ETF (NETL) is 5.28%, while WisdomTree New Economy Real Estate ETF (WTRE) has a volatility of 5.84%. This indicates that NETL experiences smaller price fluctuations and is considered to be less risky than WTRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NETL | WTRE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.28% | 5.84% | -0.56% |
Volatility (6M)Calculated over the trailing 6-month period | 10.36% | 16.08% | -5.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.04% | 20.72% | -6.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.00% | 19.40% | -1.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.87% | 18.43% | +7.44% |
NETL vs. WTRE - Expense Ratio Comparison
NETL has a 0.60% expense ratio, which is higher than WTRE's 0.58% expense ratio.
Dividends
NETL vs. WTRE - Dividend Comparison
NETL's dividend yield for the trailing twelve months is around 4.65%, more than WTRE's 2.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NETL NETLease Corporate Real Estate ETF | 4.65% | 5.12% | 5.08% | 4.57% | 4.47% | 4.03% | 3.98% | 2.52% | 0.00% | 0.00% | 0.00% | 0.00% |
WTRE WisdomTree New Economy Real Estate ETF | 2.05% | 2.33% | 2.69% | 2.05% | 1.68% | 6.47% | 2.96% | 7.88% | 4.49% | 6.34% | 5.96% | 4.58% |
Frequently Asked Questions
NETL and WTRE have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WTRE has higher volatility (5.84%) compared to NETL (5.28%). In terms of maximum drawdown, NETL dropped -51.48% vs WTRE's -74.18%.
On 5-year performance, NETL leads with 2.20% vs 1.15% for WTRE. On fees, WTRE is cheaper at 0.58% per year. On volatility, NETL has been the lower-risk option at 5.28%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, NETL has performed better with a 2.20% return vs 1.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
WTRE is cheaper with a 0.58% expense ratio, compared with 0.60% for NETL.
NETL has the higher dividend yield at 4.65%, compared with 2.05% for WTRE.
NETL tracks Fundamental Income Net Lease Real Estate Index, while WTRE tracks CenterSquare New Economy Real Estate Index. They also come from different issuers: Exchange Traded Concepts and WisdomTree. Their fees differ too: 0.60% for NETL and 0.58% for WTRE.
WTRE currently has the higher Sharpe Ratio (1.60 vs 0.92), 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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