INDS vs. BLDG

Last updated Jun 5, 2026

INDS (Pacer Benchmark Industrial Real Estate SCTR ETF) and BLDG (Cambria Global Real Estate ETF) are both REIT funds. INDS is passively managed, while BLDG is actively managed. Over the past 5 years, INDS returned 1.10%/yr vs 2.40%/yr for BLDG. A 0.78 correlation means they provide meaningful diversification when combined. INDS charges 0.60%/yr vs 0.59%/yr for BLDG.

Performance

INDS vs. BLDG - Performance Comparison

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

Returns By Period

In the year-to-date period, INDS achieves a 8.07% return, which is significantly higher than BLDG's 6.82% return.

INDS

• 1D: 1.38%
• 1M: 0.65%
• YTD: 8.07%
• 6M: 7.01%
• 1Y: 11.07%
• 3Y*: 3.42%
• 5Y*: 1.10%
• 10Y*: —

BLDG

• 1D: 0.82%
• 1M: 0.01%
• YTD: 6.82%
• 6M: 6.29%
• 1Y: 11.06%
• 3Y*: 9.14%
• 5Y*: 2.40%
• 10Y*: —

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

INDS vs. BLDG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
INDS Pacer Benchmark Industrial Real Estate SCTR ETF	8.07%	7.78%	-12.69%	17.72%	-32.68%	54.61%	14.28%
BLDG Cambria Global Real Estate ETF	6.82%	4.26%	8.18%	1.76%	-14.66%	22.47%	15.37%

Correlation

The correlation between INDS and BLDG is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.76
Correlation (3Y) Calculated over the trailing 3-year period	0.78
Correlation (5Y) Calculated over the trailing 5-year period	0.79
Correlation (All Time) Calculated using the full available price history since Sep 25, 2020	0.78

The correlation between INDS and BLDG has been stable across timeframes, ranging from 0.76 to 0.79 - a consistent structural relationship.

INDS vs. BLDG - Sectors Allocation Comparison

Sectors	INDS	BLDG
Real Estate	100.0%	98.6%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	1.4%
Healthcare	-	-
Industrials	-	-
Technology	-	-
Utilities	-	-

Return for Risk

INDS vs. BLDG — Risk / Return Rank

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

INDS

INDS Risk / Return Rank: 21
INDS Sharpe Ratio Rank: 21
INDS Sortino Ratio Rank: 21
INDS Omega Ratio Rank: 20
INDS Calmar Ratio Rank: 21
INDS Martin Ratio Rank: 22

BLDG

BLDG Risk / Return Rank: 27
BLDG Sharpe Ratio Rank: 28
BLDG Sortino Ratio Rank: 27
BLDG Omega Ratio Rank: 26
BLDG Calmar Ratio Rank: 24
BLDG Martin Ratio Rank: 28

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.

INDS vs. BLDG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Benchmark Industrial Real Estate SCTR ETF (INDS) and Cambria Global Real Estate ETF (BLDG). 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.

	INDS	BLDG	Difference
Sharpe ratio: Return per unit of total volatility	0.68	1.00	-0.32
Sortino ratio: Return per unit of downside risk	1.08	1.45	-0.37
Omega ratio: Gain probability vs. loss probability	1.13	1.17	-0.05
Calmar ratio: Return relative to maximum drawdown	0.91	1.10	-0.19
Martin ratio: Return relative to average drawdown	2.74	3.88	-1.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

INDS vs. BLDG - Sharpe Ratio Comparison

The current INDS Sharpe Ratio is 0.68, which is lower than the BLDG Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of INDS and BLDG, 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

	INDS	BLDG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.68	1.00	-0.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.05	0.16	-0.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.46	-0.07

Drawdowns

INDS vs. BLDG - Drawdown Comparison

The maximum INDS drawdown since its inception was -40.17%, which is greater than BLDG's maximum drawdown of -27.25%. Use the drawdown chart below to compare losses from any high point for INDS and BLDG.

Drawdown Indicators

	INDS	BLDG	Difference
Max Drawdown Largest peak-to-trough decline	-40.17%	-27.25%	-12.92%
Max Drawdown (1Y) Largest decline over 1 year	-12.23%	-10.08%	-2.15%
Max Drawdown (3Y) Largest decline over 3 years	-26.96%	-18.57%	-8.39%
Max Drawdown (5Y) Largest decline over 5 years	-40.17%	-27.25%	-12.92%
Current Drawdown Current decline from peak	-19.41%	-1.96%	-17.45%
Average Drawdown Average peak-to-trough decline	-15.57%	-9.22%	-6.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.04%	2.86%	+1.18%

Volatility

INDS vs. BLDG - Volatility Comparison

Pacer Benchmark Industrial Real Estate SCTR ETF (INDS) has a higher volatility of 5.37% compared to Cambria Global Real Estate ETF (BLDG) at 3.58%. This indicates that INDS's price experiences larger fluctuations and is considered to be riskier than BLDG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	INDS	BLDG	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.37%	3.58%	+1.79%
Volatility (6M) Calculated over the trailing 6-month period	12.17%	8.26%	+3.91%
Volatility (1Y) Calculated over the trailing 1-year period	16.25%	11.09%	+5.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.17%	15.27%	+4.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.10%	15.54%	+7.56%

INDS vs. BLDG - Expense Ratio Comparison

INDS has a 0.60% expense ratio, which is higher than BLDG's 0.59% expense ratio.

Dividends

INDS vs. BLDG - Dividend Comparison

INDS's dividend yield for the trailing twelve months is around 3.59%, less than BLDG's 5.68% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BLDG Cambria Global Real Estate ETF	5.68%	7.46%	7.97%	4.99%	3.99%	10.40%	0.59%	0.00%	0.00%
INDS Pacer Benchmark Industrial Real Estate SCTR ETF	3.59%	3.70%	3.75%	3.11%	2.63%	1.24%	1.68%	2.26%	1.81%

Frequently Asked Questions

Can I hold both INDS and BLDG in my portfolio?

INDS and BLDG have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, INDS or BLDG?

INDS has higher volatility (5.37%) compared to BLDG (3.58%). In terms of maximum drawdown, INDS dropped -40.17% vs BLDG's -27.25%.

Which ETF is better, INDS or BLDG?

On 5-year performance, BLDG leads with 2.40% vs 1.10% for INDS. On fees, BLDG is cheaper at 0.59% per year. On volatility, BLDG has been the lower-risk option at 3.58%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, INDS or BLDG?

Over the 5-year period, BLDG has performed better with a 2.40% return vs 1.10%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, INDS or BLDG?

BLDG is cheaper with a 0.59% expense ratio, compared with 0.60% for INDS.

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

BLDG has the higher dividend yield at 5.68%, compared with 3.59% for INDS.

What is the main difference between INDS and BLDG?

They also come from different issuers: Pacer and Cambria. Their fees differ too: 0.60% for INDS and 0.59% for BLDG.

Which has better risk-adjusted returns?

BLDG currently has the higher Sharpe Ratio (1.00 vs 0.68), 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.