Fundamental Income Net Lease Real Estate ETF (NETL) Holdings
NETL holdings summary
as of Oct 24, 2026- Holdings
- 23 positions listed
- Top 10 weight
- 61.1% of net assets
- Effective holdings
- 19 equal-weight equivalent
- Largest holding
- ADC 8.40% Agree Realty Corporation
- Annual turnover
- 29.4% of the portfolio traded
All NETL holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | ADC | Agree Realty Corporation | Real Estate | 8.40% | $3.9M | $8.36B | 36.0 |
| 2 | NNN | NNN REIT Inc | Real Estate | 8.36% | $3.9M | $7.97B | 20.6 |
| 3 | WPC | W. P. Carey Inc. | Real Estate | 7.80% | $3.7M | $14.84B | 22.3 |
| 4 | VICI | VICI Properties Inc. | Real Estate | 7.72% | $3.6M | $25.99B | 9.2 |
| 5 | O | Realty Income Corporation | Real Estate | 7.71% | $3.6M | $53.06B | 40.6 |
| 6 | STAG | STAG Industrial, Inc. | Real Estate | 4.37% | $2.0M | $7.05B | 27.6 |
| 7 | LXP | LXP Industrial Trust | Real Estate | 4.29% | $2.0M | $3.60B | 60.5 |
| 8 | EPR | EPR Properties | Real Estate | 4.28% | $2.0M | $4.27B | 17.9 |
| 9 | IIPR | Innovative Industrial Properties, Inc. | Real Estate | 4.23% | $2.0M | $1.44B | 11.9 |
| 10 | GTY | Getty Realty Corp. | Real Estate | 3.97% | $1.9M | $1.76B | 17.2 |
| 11 | BNL | Broadstone Net Lease, Inc. | Real Estate | 3.80% | $1.8M | $3.86B | 23.9 |
| 12 | EPRT | Essential Properties Realty Trust, Inc. | Real Estate | 3.77% | $1.8M | $5.66B | 20.2 |
| 13 | FCPT | Four Corners Property Trust, Inc. | Real Estate | 3.74% | $1.8M | $2.41B | 20.0 |
| 14 | GOOD | Gladstone Commercial Corporation | Real Estate | 3.68% | $1.7M | $608.9M | 49.9 |
| 15 | PSTL | Postal Realty Trust, Inc. | Real Estate | 3.51% | $1.6M | $875.2M | 40.7 |
| 16 | GLPI | Gaming and Leisure Properties, Inc. | Real Estate | 3.51% | $1.6M | $11.76B | 11.5 |
| 17 | NTST | NETSTREIT Corp. | Real Estate | 3.51% | $1.6M | $1.75B | 122.8 |
| 18 | GNL | Global Net Lease, Inc. | Real Estate | 3.34% | $1.6M | $1.72B | — |
| 19 | OLP | One Liberty Properties, Inc. | Real Estate | 2.81% | $1.3M | $484.7M | 14.0 |
| 20 | SAFE | Safehold Inc. | Real Estate | 2.34% | $1.1M | $803.1M | 7.0 |
| 21 | PINE | Alpine Income Property Trust, Inc. | Real Estate | 1.76% | $823,020.21 | $343.5M | 85.4 |
| 22 | FVR | FrontView REIT, Inc. | Real Estate | 1.64% | $769,148.43 | $518.3M | — |
| 23 | FGXXX | First American Funds Inc. - Government Obligations Fund | Other | 1.24% | $582,049.41 | — | — |
Weights as a percentage of net assets. Value held = weight × net assets ($46.8M). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
NETL sector breakdown
Sum of the weights of the holdings in each sector.
NETL top industries
NETL overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| IWM | iShares Russell 2000 ETF | 0.8% | 14 of 1,962 | 0.19% |
| VTI | Vanguard Total Stock Market ETF | 0.2% | 22 of 2,941 | 0.03% |
| SPY | SPDR S&P 500 ETF | 0.1% | 2 of 502 | 0.09% |
| VXUS | Vanguard Total International Stock ETF | 0.0% | 2 of 8,035 | 0.05% |
| QQQ | Invesco QQQ ETF | 0.0% | 0 of 101 | 0.17% |
| DIA | SPDR Dow Jones Industrial Average ETF | 0.0% | 0 of 30 | 0.16% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the NETL portfolio
Fundamental Income Net Lease Real Estate ETF holds 23 positions. The ten largest make up 61.1% of the fund, so it behaves like a portfolio of about 19 equally weighted stocks. The biggest positions are Agree Realty Corporation (8.40%), NNN REIT Inc (8.36%), W. P. Carey Inc. (7.80%), VICI Properties Inc. (7.72%), Realty Income Corporation (7.71%).
By sector, Real Estate is 98.6%, Other is 1.2%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 24, 2026; positions change as the fund rebalances.
Related: NETL chart, NETL performance, NETL dividends, NETL valuation, NETL overview.
NETL holdings FAQ
How many holdings does NETL have?
NETL holds 23 positions as of October 24, 2026.
What are the top 10 holdings of NETL?
The ten largest holdings are Agree Realty Corporation (8.40%), NNN REIT Inc (8.36%), W. P. Carey Inc. (7.80%), VICI Properties Inc. (7.72%), Realty Income Corporation (7.71%), STAG Industrial, Inc. (4.37%), LXP Industrial Trust (4.29%), EPR Properties (4.28%), Innovative Industrial Properties, Inc. (4.23%), Getty Realty Corp. (3.97%). Together they are 61.1% of the fund.
What percentage of NETL is Agree Realty Corporation?
Agree Realty Corporation is the largest holding at 8.40% of net assets, about $3.9M of the fund's $46.8M.
How concentrated is NETL?
The top 10 holdings are 61.1% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) NETL behaves like a portfolio of about 19 equally weighted stocks.