BULD vs. INDS

Last updated Jun 4, 2026

BULD (Pacer BlueStar Engineering the Future ETF) and INDS (Pacer Benchmark Industrial Real Estate SCTR ETF) are both exchange-traded funds - BULD is a Technology Equities fund tracking the BlueStar Robotics & 3D Printing Index, while INDS is a REIT fund tracking the Benchmark Industrial Real Estate SCTR Index. Both are passively managed. Over the past 3 years, BULD returned 18.64%/yr vs 2.57%/yr for INDS. At a 0.48 correlation, their price movements are largely independent. Both charge a 0.60% expense ratio.

Performance

BULD vs. INDS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer BlueStar Engineering the Future ETF (BULD) and Pacer Benchmark Industrial Real Estate SCTR ETF (INDS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BULD achieves a 34.29% return, which is significantly higher than INDS's 6.59% return.

BULD

• 1D: -0.38%
• 1M: 14.07%
• YTD: 34.29%
• 6M: 30.65%
• 1Y: 64.78%
• 3Y*: 18.64%
• 5Y*: —
• 10Y*: —

INDS

• 1D: -0.04%
• 1M: -0.04%
• YTD: 6.59%
• 6M: 5.24%
• 1Y: 9.81%
• 3Y*: 2.57%
• 5Y*: 0.82%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BULD vs. INDS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
BULD Pacer BlueStar Engineering the Future ETF	34.29%	23.20%	-3.93%	28.27%	-12.41%
INDS Pacer Benchmark Industrial Real Estate SCTR ETF	6.59%	7.78%	-12.69%	17.72%	-16.15%

Correlation

The correlation between BULD and INDS is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (3Y) Calculated over the trailing 3-year period	0.41
Correlation (All Time) Calculated using the full available price history since May 6, 2022	0.49

The correlation between BULD and INDS shifts across timeframes, from 0.38 (1 year) to 0.48 (all time), reflecting how their relationship changes across market environments.

Return for Risk

BULD vs. INDS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BULD

BULD Risk / Return Rank: 71
BULD Sharpe Ratio Rank: 72
BULD Sortino Ratio Rank: 69
BULD Omega Ratio Rank: 61
BULD Calmar Ratio Rank: 81
BULD Martin Ratio Rank: 72

INDS

INDS Risk / Return Rank: 19
INDS Sharpe Ratio Rank: 18
INDS Sortino Ratio Rank: 18
INDS Omega Ratio Rank: 18
INDS Calmar Ratio Rank: 19
INDS Martin Ratio Rank: 20

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BULD vs. INDS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer BlueStar Engineering the Future ETF (BULD) and Pacer Benchmark Industrial Real Estate SCTR ETF (INDS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BULD	INDS	Difference
Sharpe ratio: Return per unit of total volatility	2.34	0.61	+1.73
Sortino ratio: Return per unit of downside risk	3.17	0.97	+2.19
Omega ratio: Gain probability vs. loss probability	1.37	1.11	+0.26
Calmar ratio: Return relative to maximum drawdown	4.21	0.81	+3.40
Martin ratio: Return relative to average drawdown	13.30	2.44	+10.87
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BULD vs. INDS - Sharpe Ratio Comparison

The current BULD Sharpe Ratio is 2.34, which is higher than the INDS Sharpe Ratio of 0.61. The chart below compares the historical Sharpe Ratios of BULD and INDS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BULD	INDS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.34	0.61	+1.73
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.04	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.38	+0.18

Drawdowns

BULD vs. INDS - Drawdown Comparison

The maximum BULD drawdown since its inception was -27.64%, smaller than the maximum INDS drawdown of -40.17%. Use the drawdown chart below to compare losses from any high point for BULD and INDS.

Drawdown Indicators

	BULD	INDS	Difference
Max Drawdown Largest peak-to-trough decline	-27.64%	-40.17%	+12.53%
Max Drawdown (1Y) Largest decline over 1 year	-15.48%	-12.23%	-3.25%
Max Drawdown (3Y) Largest decline over 3 years	-27.64%	-26.96%	-0.68%
Max Drawdown (5Y) Largest decline over 5 years	—	-40.17%	—
Current Drawdown Current decline from peak	-0.38%	-20.51%	+20.13%
Average Drawdown Average peak-to-trough decline	-8.30%	-15.57%	+7.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.88%	4.04%	+0.84%

Volatility

BULD vs. INDS - Volatility Comparison

Pacer BlueStar Engineering the Future ETF (BULD) has a higher volatility of 8.50% compared to Pacer Benchmark Industrial Real Estate SCTR ETF (INDS) at 5.23%. This indicates that BULD's price experiences larger fluctuations and is considered to be riskier than INDS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BULD	INDS	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.50%	5.23%	+3.27%
Volatility (6M) Calculated over the trailing 6-month period	21.34%	12.10%	+9.24%
Volatility (1Y) Calculated over the trailing 1-year period	27.85%	16.23%	+11.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.73%	20.16%	+7.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.73%	23.11%	+4.62%

BULD vs. INDS - Expense Ratio Comparison

Both BULD and INDS have an expense ratio of 0.60%.

Dividends

BULD vs. INDS - Dividend Comparison

BULD's dividend yield for the trailing twelve months is around 0.92%, less than INDS's 3.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BULD Pacer BlueStar Engineering the Future ETF	0.92%	1.24%	0.18%	0.21%	0.08%	0.00%	0.00%	0.00%	0.00%
INDS Pacer Benchmark Industrial Real Estate SCTR ETF	3.55%	3.70%	3.75%	3.11%	2.63%	1.24%	1.68%	2.26%	1.81%

Frequently Asked Questions

Can I hold both BULD and INDS in my portfolio?

BULD and INDS have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BULD or INDS?

BULD has higher volatility (8.50%) compared to INDS (5.23%). In terms of maximum drawdown, BULD dropped -27.64% vs INDS's -40.17%.

Which ETF is better, BULD or INDS?

On 3-year performance, BULD leads with 18.64% vs 2.57% for INDS. Both ETFs have the same 0.60% expense ratio. On volatility, INDS has been the lower-risk option at 5.23%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BULD or INDS?

Over the 3-year period, BULD has performed better with a 18.64% return vs 2.57%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BULD or INDS?

BULD and INDS have the same expense ratio: 0.60% per year.

Which ETF pays a higher dividend yield, BULD or INDS?

INDS has the higher dividend yield at 3.55%, compared with 0.92% for BULD.

What is the main difference between BULD and INDS?

BULD is categorized as Technology Equities, while INDS is REIT. BULD tracks BlueStar Robotics & 3D Printing Index, while INDS tracks Benchmark Industrial Real Estate SCTR Index.

Which has better risk-adjusted returns?

BULD currently has the higher Sharpe Ratio (2.34 vs 0.61), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.