NETL vs MSTI

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

NETL vs MSTI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

NETL

$49M

Winner

MSTI

$49M

Expense Ratio

NETL

0.60%

Winner

MSTI

0.36%

Max Drawdown

NETL

51.51%

Winner

MSTI

2.93%

Sharpe Ratio

Winner

NETL

0.83

MSTI

0.18

5Y Beta

NETL

0.33

Winner

MSTI

0.04

P/E Ratio

NETL

24.68

MSTI

N/A

Forward P/E

NETL

22.56

MSTI

N/A

5Y Dividends CAGR

NETL

3.81%

MSTI

N/A

5Y EPS CAGR

NETL

3.47%

MSTI

N/A

Debt to Equity

NETL

80.16%

MSTI

N/A

P/S Ratio

NETL

7.36

MSTI

N/A

P/B Ratio

NETL

1.46

MSTI

N/A

NETL vs MSTI - Historical Returns

Returns include dividend reinvestment.

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

Winner

NETL

+2.19%

MSTI

+0.09%

Winner

NETL

+5.05%

MSTI

+0.55%

Winner

NETL

+15.27%

MSTI

+1.06%

Winner

NETL

+15.33%

MSTI

+4.07%

5Y(CAGR)

NETL

+1.95%

MSTI

N/A

Max(CAGR)

NETL

+5.77%

Winner

MSTI

+5.82%

NETL vs MSTI - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

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

NETL vs MSTI Drawdown Comparison

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

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

The current MSTI drawdown is -0.23%.

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