INDS
Pacer Industrial Real Estate ETF
INDS tracks an index of US-listed real estate securities that derive at least 85% of their revenue from industrial real estate activities.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
117.1 M
ASSETS UNDER MGMT
55 bp
EXPENSES
Fund Basics
| Fund sponsor | Pacer Financial |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | May 14, 2018 |
| Assets (mns) | $117 |
| Expense ratio | 55 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Annually |
| Taxation | 1099 |
| Stock selection | Market Cap |
| Weighting | Tiered |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| PROLOGIS INC | 16.2 % |
| PUBLIC STORAGE | 14.1 % |
| EXTRA SPACE STORAGE INC | 13.4 % |
| SEGRO PLC | 5.1 % |
| WP CAREY INC | 4.4 % |
| REXFORD INDUSTRIAL REALTY IN | 4.3 % |
| EASTGROUP PROPERTIES INC | 4.1 % |
| CUBESMART | 3.7 % |
| FIRST INDUSTRIAL REALTY TR | 3.2 % |
| STAG INDUSTRIAL INC | 3.2 % |
Constituent Breakdown
| Number of holdings | 28 |
| Herfindahl-Hirschman Index | 804 |
| Wgt avg mkt cap (mns) | $33,280 |
| Large cap (>$10bn) | 54.1% |
| Mid cap ($2-10bn) | 41.4% |
| Small cap (<$2bn) | 1.7% |
| Developed mkts. | 98.2% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 71.6 % |
 |
BRITAIN | 10.7 % |
 |
JAPAN | 3.7 % |
 |
SINGAPORE | 3.6 % |
 |
SWEDEN | 3.0 % |
 |
CANADA | 2.5 % |
 |
BELGIUM | 2.0 % |
 |
AUSTRALIA | 1.4 % |
Historical Performance
Standardized Performance (as of 10/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 6.5% | -3.5% | 7.8% | 0.2% | 2.3% | -- | -- | 5.9% |
| Dividend Yield | 1.3% | 2.4% | 2.6% | 3.0% | 2.7% | -- | -- | 2.6% |
| Total Returns | 7.9% | -1.1% | 10.4% | 3.2% | 5.0% | -- | -- | 8.5% | Ann. Volatility | 19.8% | 20.1% | 19.6% | 20.4% | 20.6% | -- | -- | 23.8% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.04 | 44% |
| MSCI EAFE | 0.87 | 40% |
| MSCI Emg Mkts | 0.64 | 26% |
Liquidity Measures
| Avg. volume (000) | 11 |
| ADV traded (mns) | $0 |
| Turnover | 0.4% |
| Avg. Bid/Ask (% of price) | 0.18% |
Technical Indicators
| Recent close | $37.79 |
| 30d moving avg. | $38.18 |
| Annualized volatility | 20.2% |
| Relative strength (RSI) | 52 |
| Short interest | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. |
Expenses vs. |
ALTAR Score™ vs. |
|---|---|---|---|---|
| DTRE | First Trust Alerian Disruptive Technology Real Estate ETF | 40.7% | +5 bp | +5.9% |
| IRET | iREIT - MarketVector Quality REIT Index ETF | 25.2% | +5 bp | +7.1% |
| RWR | State Street SPDR Dow Jones REIT ETF | 24.8% | -30 bp | +7.7% |
| RITA | ETFB Green SRI REITs ETF | 22.9% | -5 bp | +5.7% |
| BBRE | JPMorgan BetaBuilders MSCI U.S. REIT ETF | 21.0% | -44 bp | +8.1% |
| FRI | First Trust S&P REIT Index Fund | 20.7% | -5 bp | +7.6% |
| USRT | iShares Core U.S. REIT ETF | 20.7% | -47 bp | +8.0% |
| RWO | SPDR Dow Jones Global Real Estate ETF | 20.5% | -5 bp | +7.0% |
| FPRO | Fidelity Real Estate Investment ETF | 20.2% | +4 bp | +6.7% |
| SPRE | SP Funds S&P Global REIT Sharia ETF | 20.0% | 0 bp | +6.2% |
Risk and Returns: INDS vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/13/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.
ALTAR Score™
INDS
6.7%
Cat. Avg
5.6%
ALTAR Score™ Calculation
Category Overview
There are 999 funds in the US Equity category, with an average ALTAR Score™
of 5.6% and a standard deviation of
2.4%. INDS's ALTAR Score™ is approximately
0.5 standard deviations
above
the category average. This places INDS in the 68th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
INDSSELL
U/W
HOLD
O/W
BUY