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
$ 107.1 M
ASSETS UNDER MGMT
49 bp
EXPENSES
Fund Basics
| Inception date | May 14, 2018 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Annually |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| EXTRA SPACE STORAGE INC | 16.4 % |
| PUBLIC STORAGE | 16.4 % |
| PROLOGIS INC | 14.1 % |
| EASTGROUP PROPERTIES INC | 4.4 % |
| SEGRO PLC | 4.4 % |
| WP CAREY INC | 4.2 % |
| CUBESMART | 4.0 % |
| REXFORD INDUSTRIAL REALTY IN | 3.5 % |
| FIRST INDUSTRIAL REALTY TR | 3.0 % |
| TERRENO REALTY CORP | 3.0 % |
Constituent Breakdown
| Number of holdings | 29 |
| Herfindahl-Hirschman Index | 848 |
| Wgt avg mkt cap (mns) | $34,321 |
| Large cap (>$10bn) | 59.8% |
| Mid cap ($2-10bn) | 37.4% |
| Small cap (<$2bn) | 1.6% |
| Developed mkts. | 99.3% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
| UNITED STATES | 74.2 % | |
| BRITAIN | 9.6 % | |
| JAPAN | 3.9 % | |
| SINGAPORE | 3.9 % | |
| CANADA | 2.7 % | |
| SWEDEN | 2.3 % | |
| BELGIUM | 1.8 % | |
| NETHERLANDS | 0.8 % |
Historical Performance
Standardized Performance (as of 09/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 1.9% | 0.4% | -7.1% | 2.1% | -3.1% | -- | -- | 5.1% |
| Dividend Yield | 2.2% | 4.7% | 3.3% | 3.2% | 3.1% | -- | -- | 2.9% |
| Total Returns | 4.1% | 5.1% | -3.8% | 5.3% | -0.1% | -- | -- | 8.0% | Ann. Volatility | 16.3% | 15.6% | 17.8% | 18.3% | 20.2% | -- | -- | 23.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.46 | 15% |
| MSCI EAFE | 0.54 | 31% |
| MSCI Emg Mkts | 0.18 | 8% |
Liquidity Measures
| Avg. volume (000) | 7 |
| ADV traded (mns) | $0 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.18% |
Technical Indicators
| 30d moving avg. (EMA) | $38.52 |
| Relative strength (RSI) | 57 |
| MACD/Signal | 0.35/0.08 |
| Bollinger Bands (Upper/Lower) | $39.86/$36.60 |
| Short interest (% of AUM) | 0.4% |
Distributions
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. INDS |
Expenses vs. INDS |
ALTAR Score™ vs. INDS |
|---|---|---|---|---|
| DTRE | First Trust Alerian Disruptive Technology Real Estate ETF | 42.4% | +11 bp | -1.0% |
| REAI | Intelligent Real Estate ETF | 25.0% | +10 bp | +0.4% |
| RWR | State Street SPDR Dow Jones REIT ETF | 24.3% | -24 bp | +0.8% |
| WTRE | WisdomTree New Economy Real Estate Fund | 24.3% | +9 bp | -2.7% |
| BBRE | JPMorgan BetaBuilders MSCI U.S. REIT ETF | 21.3% | -38 bp | +1.2% |
| FRI | First Trust S&P REIT Index Fund | 20.8% | +2 bp | +0.5% |
| PSR | Invesco Active U.S. Real Estate Fund | 20.6% | -14 bp | +0.8% |
| RWO | SPDR Dow Jones Global Real Estate ETF | 20.1% | +1 bp | +0.2% |
| RITA | ETFB Green SRI REITs ETF | 20.0% | +1 bp | -0.1% |
| USRT | iShares Core U.S. REIT ETF | 19.9% | -41 bp | +1.2% |
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 (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| 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 | 2025 | 2026 | 2027 | |
| 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 11/6/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
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
6.6%
ALTAR SCORE™
66th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 1,388 funds in the US Equity category with an average
ALTAR Score™ of 5.7% and a standard deviation
of 2.1%. INDS's ALTAR Score™ is approximately 0.4 standard
deviations above the category average. This places INDS in the 66th percentile
among funds in the category.
Sell-Side Consensus
$45.06
PRICE TARGET
+11.5%
UPSIDE