MSTI vs NETL

Comparison between MADISON SHORT-TERM STRATEGIC INCOME ETF (MSTI, ETF) and NETLEASE CORPORATE REAL ESTATE ETF (NETL, ETF).

MSTI vs NETL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MSTI(ETF)	NETL(ETF)
Net Assets	$49M	$49M
Expense Ratio	0.36%	0.60%
Max Drawdown	2.93%	51.51%
Sharpe Ratio	0.18	0.83
5Y Beta	0.04	0.33
P/E Ratio	N/A	24.68
Forward P/E	N/A	22.56
5Y Dividends CAGR	N/A	3.81%
5Y EPS CAGR	N/A	3.47%
Debt to Equity	N/A	80.16%
P/S Ratio	N/A	7.36
P/B Ratio	N/A	1.46

Net Assets

Winner

MSTI

$49M

NETL

$49M

Expense Ratio

Winner

MSTI

0.36%

NETL

0.60%

Max Drawdown

Winner

MSTI

2.93%

NETL

51.51%

Sharpe Ratio

MSTI

0.18

Winner

NETL

0.83

5Y Beta

Winner

MSTI

0.04

NETL

0.33

P/E Ratio

MSTI

N/A

NETL

24.68

Forward P/E

MSTI

N/A

NETL

22.56

5Y Dividends CAGR

MSTI

N/A

NETL

3.81%

5Y EPS CAGR

MSTI

N/A

NETL

3.47%

Debt to Equity

MSTI

N/A

NETL

80.16%

P/S Ratio

MSTI

N/A

NETL

7.36

P/B Ratio

MSTI

N/A

NETL

1.46

MSTI vs NETL - Historical Returns

Returns include dividend reinvestment.

Period	MSTI	NETL
1 month	+0.09%	+2.19%
3 months	+0.55%	+5.05%
6 months	+1.06%	+15.27%
1 year	+4.07%	+15.33%
5 years(CAGR)	N/A	+1.95%
Max(CAGR)	+5.82%	+5.77%

MSTI

+0.09%

Winner

NETL

+2.19%

MSTI

+0.55%

Winner

NETL

+5.05%

MSTI

+1.06%

Winner

NETL

+15.27%

MSTI

+4.07%

Winner

NETL

+15.33%

5Y(CAGR)

MSTI

N/A

NETL

+1.95%

Max(CAGR)

Winner

MSTI

+5.82%

NETL

+5.77%

MSTI vs NETL - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	MSTI	NETL
2026	+0.68%	+15.32%
2025	+6.12%	+6.89%
2024	+5.14%	-2.29%
2023	+4.14%	+2.99%
2022	N/A	-15.58%
2021	N/A	+31.83%
2020	N/A	+1.38%
2019	N/A	+13.14%

MSTI vs NETL Drawdown Comparison

The maximum drawdown for MSTI was -1.48%, occurring on Oct 19, 2023. Recovery took 37 trading sessions.

The maximum drawdown for NETL was -51.49%, occurring on Mar 18, 2020. Recovery took 289 trading sessions.

The current MSTI drawdown is -0.23%.

Rank	MSTI	NETL
#1	-1.48% Sep 13, 2023 - Nov 3, 2023	-51.49% Feb 21, 2020 - Apr 15, 2021
#2	-1.32% Feb 20, 2026 - May 1, 2026	-30.73% Sep 3, 2021 - Feb 17, 2026
#3	-1.22% Oct 2, 2024 - Jan 24, 2025	-9.16% Mar 2, 2026 - Apr 17, 2026
#4	-1.07% Apr 3, 2025 - Apr 25, 2025	-6.37% Oct 31, 2019 - Jan 21, 2020
#5	-1.07% Mar 27, 2024 - May 3, 2024	-5.90% Jun 20, 2019 - Aug 29, 2019
#6	-0.97% Feb 1, 2024 - Mar 8, 2024	-5.82% May 4, 2021 - Jun 1, 2021
#7	-0.81% May 1, 2026 - May 19, 2026	-4.26% Jun 14, 2021 - Jul 20, 2021
#8	-0.67% Sep 23, 2025 - Oct 21, 2025	-3.91% Mar 28, 2019 - May 2, 2019
#9	-0.65% Apr 30, 2025 - May 19, 2025	-3.69% Apr 17, 2026 - Jun 9, 2026
#10	-0.62% Dec 27, 2023 - Jan 11, 2024	-3.02% Sep 4, 2019 - Sep 26, 2019
#11	-0.56% Jan 12, 2024 - Feb 1, 2024	-2.28% May 24, 2019 - Jun 5, 2019
#12	-0.49% Mar 11, 2024 - Mar 27, 2024	-2.24% May 3, 2019 - May 15, 2019
#13	-0.49% May 19, 2025 - May 29, 2025	-2.19% Feb 17, 2026 - Feb 24, 2026
#14	-0.46% Feb 4, 2025 - Feb 21, 2025	-2.14% Aug 5, 2021 - Aug 30, 2021
#15	-0.41% Jul 22, 2025 - Aug 1, 2025	-1.54% May 16, 2019 - May 23, 2019