NETLvsFRELETF Comparison
VS
NETLease Corporate Real Estate ETF (NETL) and Fidelity MSCI Real Estate Index ETF (FREL) belong to the same industry segment: US Real Estate. Both ETFs have the same top 3 sector exposures: and Real Estate. NETL is more expensive with a Total Expense Ratio (TER) of 0.6%, versus 0.08% for FREL. NETL is up 12.45% year-to-date (YTD) with +$1M in YTD flows. FREL performs worse with 8.51% YTD performance, and +$252M in YTD flows. Run a side-by-side ETF comparison of NETL and FREL below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
NETL vs FREL performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 04/27/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | NETL FREL | +8.23%+8.38% | +7.53%+6.21% | +12.45%+8.51% | +15.92%+13.37% | +25.74%+30.68% | +14.85%+16.98% |
| Flows | NETL FREL | --$15M | +$1M-$911K | +$1M+$252M | +$7M+$303M | -$49M+$168M | -$21M+$98M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | NETL FREL | +15.45%+14.83% | +13.54%+13.41% | +16.56%+16.98% | +17.92%+18.91% |
| Max drawdown | NETL FREL | -9.28%-8.45% | -9.28%-8.45% | -19.14%-17.46% | -30.38%-34.35% |
| Max drawdown duration | NETL FREL | 45d44d | 45d44d | 149d441d | 1621d1573d |
Trading data
NETL | FREL | |
Last sale 4/28/2026 at 1:30 PM | $26.44 | $29.02 |
| Previous close 04/27/2026 | $26.32 | $28.73 |
| Consolidated volume 04/27/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of March 31, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
NETL | FREL | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 4/28/2026 at 1:30 PM
Live
Closed
NETL | FREL | |
|---|---|---|
| Last price | $26.44 | $29.02 |
| 1D performance | +0.47% | +1.01% |
| AuM | $48.07 M | $1.43 B |
| E/R | 0.6% | 0.08% |
Characteristics
NETL | FREL | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | NETLease | Fidelity |
| Benchmark | Fundamental Income Net Lease Real Estate Index | MSCI USA IMI Real Estate 25/25 Index |
| N° of holdings | 20 | 113 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | March 25, 2019 | February 2, 2015 |
| ESG | No | No |
Advertisement
Exposure
Countries
NETL
USA
98.67%
Other
1.33%
FREL
USA
99.19%
Other
0.81%
Sectors
NETL
Real Estate
89.87%
Other
10.13%
FREL
Real Estate
95.17%
Other
4.83%
Advertisement
Diversification
NETL
Total weight of top 15 holdings out of 15
79.37%
FREL
Total weight of top 15 holdings out of 15
57.23%
Top 15 holdings
Data as of March 31, 2026
NETL
AGREE REALTY REIT
8.05%
NATIONAL RETAIL PROPERTIES REIT
8.01%
REALTY INCOME REIT
7.87%
WP CAREY INC
7.78%
VICI PROPERTIES INC
7.78%
GLOBAL NET LEASE
4.23%
GETTY REALTY REIT
4.20%
BROADSTONE NET LEASE
4.09%
FOUR CORNERS PROPERTY TRUST
4.00%
INNOVATIVE INDUSTRIAL PROPERTIES
4.00%
US5290434084
3.99%
NETSTREIT CORP
3.97%
STAG INDUSTRIAL REIT
3.94%
ESSENTIAL PROPERTIES REALTY TRUST INC
3.89%
EPR PROPERTIES
3.57%
FREL
WELLTOWER INC
8.42%
PROLOGIS REIT
8.14%
AMERICAN TOWER CL A REIT
5.32%
EQUINIX INC COMMON STOCK REIT
4.80%
SIMON PROPERTY GROUP REIT
4.15%
DIGITAL REALTY REIT
4.09%
REALTY INCOME REIT
3.77%
PUBLIC STORAGE REIT
2.97%
CBRE GROUP
2.82%
VENTAS REIT
2.64%
CROWN CASTLE INTERNATIONAL
2.38%
IRON MOUNTAIN
2.09%
VICI PROPERTIES INC
2.02%
EXTRA SPACE STORAGE REIT
1.96%
AVALONBAY COMMUNITIES REIT
1.65%
Frequently asked questions about NETL and FREL
How have the NETL and FREL ETFs performed in 2026?
As of April 27, 2026, NETL is up 12.45% year-to-date (YTD), while FREL has returned 8.51%. That puts NETL better performer ahead so far this year.
Which ETF is attracting more investor money: NETL or FREL?
Year-to-date, the NETL ETF saw +$1M in flows, compared to +$252M for FREL.
Which ETF is more volatile: NETL or FREL?
Over the past year, NETL had a volatility of 13.54%, while FREL experienced 13.41%.
Which ETF is bigger: NETL or FREL?
As of April 27, 2026, NETL holds $48.07 M in assets under management (AUM), while FREL manages $1.43 B.
What sectors do the NETL and FREL ETFs invest in?
NETL leans toward sectors like Real Estate. Meanwhile, FREL focuses on Real Estate.
What are the top holdings of the NETL ETF and FREL ETF?
NETL top holdings include AGREE REALTY REIT, NATIONAL RETAIL PROPERTIES REIT and REALTY INCOME REIT. FREL holds in its top three: WELLTOWER INC, PROLOGIS REIT and AMERICAN TOWER CL A REIT.
Which ETF is more diversified: NETL or FREL?
NETL holds 22 securities with 79.37% of its assets in the top 15. FREL has 127 securities and a top 15 weight of 57.23%.
Advertisement
Latest news about NETL & FREL
Two Ways to Get Real Estate Income with ETFs
August 2, 2024
FREL
Real Estate Sector Declines on Fed Minutes
May 27, 2024
FREL
Real Estate Sector Suffers Third Weekly Loss Amid Rising Treasury Yields
April 22, 2024
FREL
Real Estate Sector Gains Momentum After Dovish Fed Comments
December 19, 2023
FREL
Advertisement
Advertisement
