NETL vs SPY
Colterpoint Net Lease Real Estate ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | NETL | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.60% | 0.09% | |
| AUM | $55M | $821.1B | |
| Dividend Yield | 4.61% | 1.01% | |
| Holdings | 24 | 505 | |
| YTD Return | +15.30% | +12.22% | |
| 1Y Return | +13.43% | +20.83% | |
| 3Y Return (annualized) | +10.29% | +21.70% | |
| 5Y Return (annualized) | +1.61% | +12.98% | |
| Volatility (annualized) | 21.3% | 15.3% | |
| Max Drawdown | -51.5% | -56.5% | |
| Fund Family | Net Lease ETF | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Mar 21, 2019 | Jan 22, 1993 |
NETL vs SPY Performance
Colterpoint Net Lease Real Estate ETF (NETL) is a ETF from Net Lease ETF and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year NETL returned +13.43% while SPY returned +20.83%. Year to date, NETL is up 15.30% versus a gain of 12.22% for SPY.
Over three years, NETL compounded at +10.29% per year against +21.70% for SPY; over five years the annualized figures are +1.61% and +12.98% respectively. Across the full 7-year window we track, SPY has the edge at +8.79% annualized vs +4.77%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NETL has been the more volatile fund, with annualized monthly volatility of 21.3% compared with 15.3% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -51.5% for NETL and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
NETL charges 0.60% per year while SPY charges 0.09%. On a $10,000 position that is $60 vs $9 annually, a gap of $51 per year that compounds over a long holding period. On income, NETL currently yields 4.61% against 1.01% for SPY.
Holdings Overlap
Frequently Asked Questions
Which is cheaper, NETL or SPY?
NETL has an expense ratio of 0.60% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $51 per year of difference.
Which performed better, NETL or SPY?
Over the past year NETL returned +13.43% vs +20.83% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (7 years), NETL annualized +4.77% vs +8.79% for SPY. Past performance does not guarantee future results.
Which is riskier, NETL or SPY?
NETL has been the more volatile fund at 21.3% annualized versus 15.3% for SPY. Worst drawdown: NETL -51.5% vs SPY -56.5%.
Should I hold both NETL and SPY?
NETL and SPY have a monthly-return correlation of 0.73, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NETL and SPY?
NETL and SPY share 2 common holdings with a 0.1% weight overlap. Combined, they hold 525 unique securities.
Which pays a higher dividend, NETL or SPY?
NETL yields 4.61% while SPY yields 1.01%, so NETL currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.