# Portfolio overlap — NETL vs USRT

Comparing **NETLease Corporate Real Estate ETF** (2026-02-28) and **iShares Core U.S. REIT ETF** (2026-01-31).

- Shared positions: 22
- NETLease Corporate Real Estate ETF covered by iShares Core U.S. REIT ETF: 0.1418963236432794671847786425
- iShares Core U.S. REIT ETF covered by NETLease Corporate Real Estate ETF: 0.1418963236432794671847786424

## NETLease Corporate Real Estate ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| REALTY INCOME CORP REIT | 0.083472 | ✓ |
| WP CAREY INC | 0.079530 | ✓ |
| AGREE REALTY CORP | 0.076791 | ✓ |
| VICI PROPERTIES | 0.075235 | ✓ |
| STAG INDUSTRIAL INC CL A | 0.071663 | ✓ |
| POSTAL REALTY TRUST INC | 0.041888 | ✓ |
| GETTY REALTY CORP | 0.041370 | ✓ |
| GLOBAL NET LEASE INC | 0.041176 | ✓ |
| EPR PROPERTIES | 0.040787 | ✓ |
| NETSTREIT CORP | 0.040664 | ✓ |
| BROADSTONE NET LEASE INC | 0.039604 | ✓ |
| NNN REIT INC | 0.039332 | ✓ |
| ESSENTIAL PROPERTIES REALTY TRUST INC | 0.038471 | ✓ |
| INNOVATIVE INDUS | 0.038434 | ✓ |
| FOUR CORNERS PRO | 0.038096 | ✓ |
| LXP INDUSTRIAL TRUST REIT | 0.036671 | ✓ |
| GLADSTONE COMMERCIAL CORP | 0.036296 | ✓ |
| GAMING AND LEISURE PROPRTI INC | 0.035281 | ✓ |
| SAFEHOLD INC | 0.033510 | ✓ |
| ONE LIBERTY PROPERTIES INC | 0.027584 | ✓ |
| FRONTVIEW REIT INC | 0.019985 | ✓ |
| ALPINE INCOME PROPERTY TRUST INC | 0.014548 | ✓ |
| FRST AM-GV OB-X | 0.009613 |  |

## iShares Core U.S. REIT ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| WELLTOWER INC | 0.085338 |  |
| PROLOGIS INC REIT | 0.080693 |  |
| EQUINIX INC | 0.059920 |  |
| SIMON PROPERTY | 0.046209 |  |
| DIGITAL REALTY TRUST INC | 0.045337 |  |
| REALTY INCOME CORP REIT | 0.044470 | ✓ |
| PUBLIC STORAGE | 0.039069 |  |
| VENTAS INC REIT | 0.032737 |  |
| VICI PROPERTIES | 0.027001 | ✓ |
| EXTRA SPACE STORAGE INC | 0.026165 |  |
| IRON MOUNTAIN INC | 0.024332 |  |
| AVALONBAY COMMUNITIES INC REIT | 0.022745 |  |
| EQUITY RESIDENTIAL REIT | 0.021247 |  |
| INVITATION HOMES INC | 0.014722 |  |
| ESSEX PROPERTY TRUST INC | 0.014450 |  |
| MID AMERICA APT CMNTY INC | 0.014066 |  |
| SUN COMMUNITIES INC - REIT | 0.014048 |  |
| WP CAREY INC | 0.013609 | ✓ |
| KIMCO REALTY CORPORATION | 0.012680 |  |
| REGENCY CENTERS CORP REIT | 0.011849 |  |
| OMEGA HEALTHCARE INVESTORS INC | 0.011653 |  |
| HOST HOTELS & RE | 0.011438 |  |
| UDR INC | 0.011048 |  |
| GAMING AND LEISURE PROPRTI INC | 0.010937 | ✓ |
| EQUITY LIFESTYLE PPTYS INC | 0.010925 |  |
| HEALTHPEAK PROPERTIES INC | 0.010757 |  |
| CAMDEN PROP TR | 0.010362 |  |
| LAMAR ADVERTISING CO CL A | 0.009970 |  |
| AMERICAN HOMES-A | 0.009632 |  |
| BXP INC | 0.009220 |  |
| EASTGROUP PROP | 0.008656 |  |
| REXFORD INDUSTRIAL REALTY INC | 0.008505 |  |
| ALEXANDRIA REAL ES EQ INC REIT | 0.008436 |  |
| FED REALTY INVS | 0.007746 |  |
| CUBESMART | 0.007647 |  |
| CARETRUST REIT INC | 0.007480 |  |
| AGREE REALTY CORP | 0.007353 | ✓ |
| BRIXMOR PROPERTY | 0.007342 |  |
| AMERICAN HEALTHCARE REIT INC | 0.007069 |  |
| NNN REIT INC | 0.007014 | ✓ |
| FIRST INDUSTRIAL REALTY TRUST | 0.006687 |  |
| STAG INDUSTRIAL INC CL A | 0.006306 | ✓ |
| TERRENO REALTY CORP | 0.005613 |  |
| ESSENTIAL PROPERTIES REALTY TRUST INC | 0.005370 | ✓ |
| RYMAN HOSPITALITY PPTYS INC | 0.005208 |  |
| VORNADO RLTY TST | 0.005067 |  |
| HEALTHCARE REALTY TRUST INC | 0.004956 |  |
| KITE REALTY GROUP TRUST | 0.004551 |  |
| MACERICH COMPANY | 0.004284 |  |
| MILLROSE PROPERTIES INC | 0.004106 |  |


## Sources

- N-PORT (fund A) — accession `0001193125-26-181040` (as of 2026-02-28)
  <https://www.sec.gov/Archives/edgar/data/1540305/000119312526181040/0001193125-26-181040-index.htm>
- N-PORT (fund B) — accession `0000940400-26-011792` (as of 2026-01-31)
  <https://www.sec.gov/Archives/edgar/data/1100663/000094040026011792/0000940400-26-011792-index.htm>

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