AAII ETF Evaluator

ETF Evaluator: Pacer Benchmark Industrial RE SCTR ETF () Follow This ETF

Equity
Global Asset Class
Sector Equity
Fund Group
Real Estate
Category
$41.078
Last Trade
(as of Aug 26)
$ 118 Mil
Share Class Assets
3.22%
TTM Yield
$43.040 - $35.960
52-Wk High-Low Range
0.49% C
Expense Ratio
15%
Portfolio Turnover
10 (k)
Avg. Daily Trading Vol.

Best Performing in Real Estate Over the Last Year

46.1% Global X Data Center & Dgtl Infrs ETF (DTCR)
31.7% Invesco KBW Premium Yield Eq REIT ETF (KBWY)
25.7% State Street® SPDR® Dow Jones® REIT ETF (RWR)
25.5% Janus Henderson US Real Estate ETF (JRE)
25.3% ALPS REIT Dividend Dogs ETF (RDOG)
Data as of 7/31/2026
4.8% A (NAV)
4.7% A (Price)
1-Mo Return
5.6% B (NAV)
5.6% B (Price)
3-Mo Return
14.5% C (NAV)
14.9% D (Price)
YTD Return
23.2% B (NAV)
23.1% B (Price)
1-Yr Return
5.7% F (NAV)
5.7% F (Price)
3-Yr Return
1.1% F (NAV)
1.0% F (Price)
5-Yr Return
1.24 F
Category
Risk
Index
1.73
Total
Risk
Index

ETF Details

Fund Family
Pacer

Inception Date
5/14/2018

Website

Phone
800-617-0004

Primary Benchmark
FTSE Nareit All Equity REITs TR USD: 100%

Secondary Benchmark
Solactive GPR Ind Real Estate TR USD: 100%

Additional Fund Details

Pacer Benchmark Industrial RE SCTR ETF Overview

Pacer Benchmark Industrial RE SCTR ETF (INDS) is a passively managed Sector Equity Real Estate exchange-traded fund (ETF). Pacer launched the ETF in 2018.

The investment seeks to track the total return performance, before fees and expenses, of the Solactive GPR Industrial Real Estate Index. The index is generally composed of the equity securities of developed markets companies that derive at least 85% of their earnings or revenues from real estate operations in the industrial real estate sector, including companies that derive at least 85% of their earnings or revenues from self-storage real estate operations. The fund will invest at least 80% of the value of its net assets, plus the amount of any borrowings for investment purposes, in companies the industrial real estate sector. The fund is non-diversified.

About Pacer Benchmark Industrial RE SCTR ETF (INDS)

There are 2 members of the management team with an average tenure of 6.18 years: Bruce Kavanaugh (2018) and Danke Wang (2022). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: FTSE Nareit All Equity REITs TR USD index with a weighting of 100% and Solactive GPR Ind Real Estate TR USD index with a weighting of 100%. Pacer Benchmark Industrial RE SCTR ETF has 39 securities in its portfolio. The top 10 holdings constitute 72.6% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Pacer Benchmark Industrial RE SCTR ETF is part of the Equity global asset class and is within the Sector Equity ETF group. Pacer Benchmark Industrial RE SCTR ETF has 25.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 72.0% There is 25.5% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Pacer Benchmark Industrial RE SCTR ETF has 0.2% of the portfolio in cash.

Assets Under Management

The fund has $117 million in total assets, which is below the $1 billion average for the Real Estate category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

INDS Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Pacer Benchmark Industrial RE SCTR ETF expense ratio is average compared to funds in the Real Estate category. Pacer Benchmark Industrial RE SCTR ETF has an expense ratio of 0.49%, which is the same as its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Pacer Benchmark Industrial RE SCTR ETF has a portfolio turnover rate of 15%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 69% for the Real Estate category.

Recently, in the month of July 2026, Pacer Benchmark Industrial RE SCTR ETF returned 4.8%, which earned it a grade of A, as the Real Estate category had an average return of 1.2%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

Pacer Benchmark Industrial RE SCTR ETF has a trailing yield of 3.22%, which is below the 4.13% category average. The fund normally distributes its income quarterly.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Pacer Benchmark Industrial RE SCTR ETF Grades

Year to date, the ETF has returned 14.5%, 0.2 percentage points worse than the category, which translates into a grade of C. The fund has returned 23.2% over the past year (grade of B), 5.7% over the past three years (grade of F) and 1.1% per year over the past five years (grade of F).

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INDS Trailing NAV Total Returns Data as of 7/31/26

Last
Month
Last
Quarter
Ann'l.
1Yr
Ann'l.
3Yr
Ann'l.
5Yr
Ann'l.
10Yr
INDS Return (NAV) 4.8% 5.6% 23.2% 5.7% 1.1% na
INDS Return (Price) 4.7% 5.6% 23.1% 5.7% 1.0% na
NAV +/- Price Return 0.133% -0.002% 0.057% -0.036% 0.030% na
Real Estate Avg 1.2% 3.6% 17.3% 9.2% 2.8% 4.3%
INDS Grade (NAV) A B B F F na
+/- Category (NAV) 3.6% 2.0% 5.8% -3.6% -1.7% na
INDS Tax-Cost Ratio na na 1.5% 1.4% 1.1% na

INDS Annual NAV Total ReturnsData as of 7/31/26

2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
INDS Return (NAV) 14.5% 8.2% -12.5% 17.1% -32.2% 54.3% 12.6% 42.1% na na na
INDS Return (Price) 14.9% 7.8% -12.7% 17.8% -32.7% 54.6% 12.7% 42.2% na na na
NAV +/- Price Ret 0.029% -0.050% 0.019% 0.044% 0.013% 0.006% 0.004% 0.3% na na na
Real Estate Avg 14.7% 2.2% 5.1% 11.8% -25.5% 37.6% -8.2% 26.9% -4.5% 8.2% 10.1%
INDS Grade (NAV) C A F A F A A A na na na
+/- Category -0.2% 6.0% -17.6% 5.3% -6.7% 16.7% 20.8% 15.2% na na na
Risk Measures
Beta: 1.25
R-Squared: 55%
Standard Deviation: 21.2%
Category Risk Index: 1.24
Category Risk Rating: High
Total Risk Index: 1.73
Total Risk Rating: High
Portfolio Characteristics
Yield: 3.2%
Total Assets: $ 118 Mil
Share Class Assets: $ 118 Mil
Turnover: 15.0%
Expense Ratio: 0.49%
Index Fund: Yes
Index Tracked: FTSE Nareit All Equity REITs TR USD
Index Weighting: 100%
Leveraged: No
Socially Responsible Fund: No
Capital Gains Distribution Frequency:
Income Distribution Frequency: Quarterly

Management Team

Number of Managers: 2
Longest Tenure: 8.2 years
Average Tenure: 6.2 years
Managers (Year): Kavanaugh Bruce (2018), Wang Danke (2022)

Portfolio Composition (as of 7/31/26)

# of Holdings: 39
% in Top 10 Holdings: 72.6%
Fund is Non-Diversified: Yes
% in Foreign Issues: 25.5%
 

Portfolio Allocation

Domestic Stock: 72.0%
Foreign Stock: 25.5%
Preferred Stock: 0.0%
Domestic Bond: 0.0%
Foreign Bond: 0.0%
Convertible Bond: 0.0%
Other: 2.4%
Cash: 0.2%

Purchase Information

Legal Structure: Open Ended Investment Company
Fund Family: Pacer
Phone Number: 800-617-0004
Website: www.paceretfs.com
Inception Date: May 14, 2018

Expenses and Fees

Expense Ratio (%): 0.49% (Rating: Avg)
Category Average Expense Ratio (%): 0.49%
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