NETL Stock Summary and Trading Ideas (Netlease Corporate Real Estate ETF | ARCA:NETL)

NETLease Corporate Real Estate ETF seeks to track the performance of the Fundamental Income Net Lease Real Estate Index. The Fundamental Income Net Lease Real Estate Index (NNNLSCTR) is a rules based, passive index that, for the first time, defines and tracks the performance of the rapidly expanding net lease real estate sector in a diversified manner. The Index uniquely defines a sector not by the underling property types, i.e. industrial, retail, office, etc., but rather by the controlling legal document known as a net lease which can be used with any property type. The Index includes only equity REITs which derive the majority of their revenue from net leases. The Index also places important limitations on concentration in any one constituent or tenant which creates a highly diversified portfolio spanning multiple investment teams, tenant industries, property types, geographic location, and most importantly tenants.

Netlease Corporate Real Estate ETF trades on the ARCA stock market under the symbol NETL.

As of February 7, 2025, NETL stock price declined to $23.74 with 122 million shares trading.

NETL has a beta of 0.54, meaning it tends to be less sensitive to market movements. NETL has a correlation of 0.16 to the broad based SPY ETF.

NETL has a market cap of $36.20 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, NETL traded as high as $30.17 and as low as $20.13.

NETL has underperformed the market in the last year with a return of +7.1%, while the SPY ETF gained +23.6%. In the last 3 month period, NETL fell short of the market, returning -5.8%, while SPY returned +2.4%. However, in the most recent 2 weeks NETL has outperformed the stock market by returning +1.6%, while SPY returned -1.0%.

NETL support price is $23.62 and resistance is $24.30 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NETL shares will trade within this expected range on the day.