NETL vs SRVR: Real Estate ETF Showdown
Institutional side-by-side analysis of fees, dividend cash flows, and underlying holdings overlap.
Key Fundamental Specifications
| Metric | NETL | SRVR |
|---|---|---|
| Annual Expense Ratio | 0.60% Lowest Fee | 0.60% |
| Annual Dividend Yield | 5.25% Higher Yield | 3.10% |
| Assets Under Management (AUM) | $0.1 Billion | $1.1 Billion |
| Number of Holdings | 24 Constituents | 25 Constituents |
| Fund Issuer | Fundamental Income | Pacer ETFs |
| Benchmark Index | Fundamental Income Net Lease Real Estate Index | Kelly Data Center & 5G Infrastructure Index |
Top Holdings & Weight Overlap
Constituent weights across both funds:
| REIT Constituent | NETL Weight | SRVR Weight |
|---|---|---|
| O Realty Income Corp. | 11.5% | 0.0% |
| WPC W.P. Carey Inc. | 10.2% | 0.0% |
| NNN NNN REIT Inc. | 9.8% | 0.0% |
| ADC Agree Realty Corp. | 8.9% | 0.0% |
| EPRT Essential Properties Realty | 7.6% | 0.0% |
| EQIX Equinix Inc. | 0.0% | 15.2% |
| DLR Digital Realty Trust | 0.0% | 14.8% |
| AMT American Tower Corp. | 0.0% | 14.1% |
| CCI Crown Castle Inc. | 0.0% | 12.5% |
| SBAC SBA Communications | 0.0% | 8.4% |
Institutional Verdict: NETL or SRVR?
Fee Advantage: NETL offers the lower expense ratio at 0.60% vs 0.60%. Over a 20-year holding period, lower expense drag preserves thousands of dollars in cumulative returns.
Yield Generation: For income-focused investors, NETL provides the higher current dividend yield at 5.25%, making it more attractive for living off dividend cash flow.
Conclusion: If your priority is low-cost passive index tracking, choose NETL. If your mandate is maximum immediate dividend yield, choose NETL.
Frequently Asked Questions
What is the difference between NETL and SRVR?
NETLease Corporate Real Estate ETF (NETL) is issued by Fundamental Income with an expense ratio of 0.60% and dividend yield of 5.25%. In comparison, Pacer Data & Infrastructure Real Estate ETF (SRVR) is issued by Pacer ETFs charging 0.60% with a yield of 3.10%.
Which REIT ETF has lower fees: NETL or SRVR?
NETL has the lower annual expense ratio (0.60% vs 0.60%), saving long-term investors money on compounding fee drag.
Which ETF pays a higher dividend yield: NETL or SRVR?
NETL currently pays the higher annualized dividend yield (5.25% vs 3.10%).
Can I hold both NETL and SRVR in a portfolio?
While you can hold both, NETL and SRVR share significant constituent overlap in top REITs like Prologis, American Tower, and Equinix. Holding both may cause redundant portfolio exposure.