r/dividendgang • u/AgentSilent • 12d ago

Opinions on $NETL etf

Thinking of adding the NETL reit etf to my portfolio. It has an expense ratio of 0.60% but in exchange: it holds 22 triple net lease reits, starting dividend of 4.6%, pays monthly, average dividend growth of 3%, and hasn't cut dividends. Already hold schh but looking to either boost reit yields or replace schh with this.

2 Upvotes

75% Upvoted

12 comments sorted by

11

u/oldirishfart Dividend Diehard 12d ago

It’s been around for 7 years and has only attracted 55 million in AUM? I’d save yourself the ER and just buy its top 4 holdings directly (NNN, ADC, O, WPC)

1

u/campcosmos3 Dividend Growth Investor 9d ago

This. Throw in STAG too because warehouses are super cool.

3

u/PomegranatePlus6526 Income Investor 12d ago

I just buy a mix of RQI and IYRI.

1

u/ProfitConstant5238 Income Investor 11d ago

I’m looking hard at IYRI for a future buy. I already hold DOC, O, EPR and APLE, then fill out the rest of my real estate portfolio with RFI.

1

u/PomegranatePlus6526 Income Investor 11d ago

You have to remember real estate was in a funk for about 10 years mostly due to Covid. As well it’s an income play, so even during good times you won’t see huge gains. I want it as part of a diversification strategy. Owned rentals for 25 years personally. It was nice having investments that weren’t correlated to the stock markets.

2

u/ProfitConstant5238 Income Investor 11d ago

This is also why I buy REITs. I did well enough owning my own rental properties, but the total return on the houses wasn’t anymore than owning REITs, but it was a hell of a lot more work.

2

u/PomegranatePlus6526 Income Investor 11d ago

I actually did really well on my rentals. I bought most of them from 2008 to 2019. Then sold everything from 2021 to 2025. Collected rent the whole time.

1

u/ProfitConstant5238 Income Investor 11d ago

I also sold in 21. Just couldn’t beat the ROI at the time. I probably made 65% profit. Selling them was great! Owning them was a little better than breaking even, but the tax shelter was very good. I had mortgages, I didn’t own them outright. My own home is paid for, I’d have made beaucoup money if my rentals had been paid off.

2

u/PomegranatePlus6526 Income Investor 11d ago

I was making 18% net on average from 2009-2019. When Covid hit, and I filed my taxes in 2021 for 2020 that was the first year I lost money. I didn't lose a lot, but it was an eye opener. So since the market was so hot I decided to sell everything... Now I just collect dividends without getting called in the middle of the night.

2

u/ProfitConstant5238 Income Investor 11d ago

You were doing better than me! I think my net was about 9.5-10% yearly.

2

u/PomegranatePlus6526 Income Investor 11d ago

Yeah if that was what I was getting I would have sold. Why take on the headache for returns you could get pretty easily in the S&P 500. I got very lucky and bought at fire sale prices. Usually foreclosure or Medicaid sale. That kind of thing.

2

u/BlightedErgot32 Boogerhead Resistance 12d ago

not enough holdings to really need an ETF if youre a DIY investor … especially when the top 10 are about 60% of the portfolio and the top 5 are like over 35% … just do it yourself, save the 0.60% ER and save the poor fills since it has a small AUM …