INDS vs. FPI

Last updated Apr 2, 2026

Compare and contrast key facts about Pacer Benchmark Industrial Real Estate SCTR ETF (INDS) and Farmland Partners Inc. (FPI).

INDS is a passively managed fund by Pacer that tracks the performance of the Benchmark Industrial Real Estate SCTR Index. It was launched on May 14, 2018.

Performance

INDS vs. FPI - Performance Comparison

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

INDS vs. FPI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
INDS Pacer Benchmark Industrial Real Estate SCTR ETF	1.87%	7.78%	-12.69%	17.72%	-32.68%	54.61%	12.62%	42.25%	-0.54%
FPI Farmland Partners Inc.	17.77%	-14.11%	5.66%	3.99%	6.09%	39.70%	32.09%	53.84%	-40.01%

Returns By Period

In the year-to-date period, INDS achieves a 1.87% return, which is significantly lower than FPI's 17.77% return.

INDS

• 1D: 1.62%
• 1M: -8.77%
• YTD: 1.87%
• 6M: 1.65%
• 1Y: 5.02%
• 3Y*: 0.76%
• 5Y*: 1.67%
• 10Y*: —

FPI

• 1D: 0.99%
• 1M: -13.03%
• YTD: 17.77%
• 6M: 7.63%
• 1Y: 5.67%
• 3Y*: 8.77%
• 5Y*: 4.42%
• 10Y*: 4.95%

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

Return for Risk

INDS vs. FPI — Risk / Return Rank

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

INDS

INDS Risk / Return Rank: 18
INDS Sharpe Ratio Rank: 18
INDS Sortino Ratio Rank: 18
INDS Omega Ratio Rank: 17
INDS Calmar Ratio Rank: 18
INDS Martin Ratio Rank: 20

FPI

FPI Risk / Return Rank: 45
FPI Sharpe Ratio Rank: 49
FPI Sortino Ratio Rank: 41
FPI Omega Ratio Rank: 40
FPI Calmar Ratio Rank: 49
FPI Martin Ratio Rank: 48

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. FPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Benchmark Industrial Real Estate SCTR ETF (INDS) and Farmland Partners Inc. (FPI). 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	FPI	Difference
Sharpe ratio Return per unit of total volatility	0.27	0.24	+0.03
Sortino ratio Return per unit of downside risk	0.50	0.48	+0.01
Omega ratio Gain probability vs. loss probability	1.06	1.06	0.00
Calmar ratio Return relative to maximum drawdown	0.33	0.32	+0.02
Martin ratio Return relative to average drawdown	1.15	0.64	+0.50
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. FPI - Sharpe Ratio Comparison

The current INDS Sharpe Ratio is 0.27, which is comparable to the FPI Sharpe Ratio of 0.24. The chart below compares the historical Sharpe Ratios of INDS and FPI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	INDS	FPI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.27	0.24	+0.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.08	0.15	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.14	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.09	+0.26

Correlation

The correlation between INDS and FPI is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

INDS vs. FPI - Dividend Comparison

INDS's dividend yield for the trailing twelve months is around 3.71%, less than FPI's 4.18% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
INDS Pacer Benchmark Industrial Real Estate SCTR ETF	3.71%	3.70%	3.75%	3.11%	2.63%	1.24%	1.68%	2.26%	1.81%	0.00%	0.00%	0.00%
FPI Farmland Partners Inc.	4.18%	4.54%	11.31%	3.61%	1.85%	1.67%	2.30%	2.95%	7.82%	5.88%	4.57%	4.54%

Drawdowns

INDS vs. FPI - Drawdown Comparison

The maximum INDS drawdown since its inception was -40.17%, smaller than the maximum FPI drawdown of -59.77%. Use the drawdown chart below to compare losses from any high point for INDS and FPI.

Drawdown Indicators

	INDS	FPI	Difference
Max Drawdown Largest peak-to-trough decline	-40.17%	-59.77%	+19.60%
Max Drawdown (1Y) Largest decline over 1 year	-14.55%	-19.41%	+4.86%
Max Drawdown (5Y) Largest decline over 5 years	-40.17%	-39.88%	-0.29%
Max Drawdown (10Y) Largest decline over 10 years	—	-57.44%	—
Current Drawdown Current decline from peak	-24.03%	-13.81%	-10.22%
Average Drawdown Average peak-to-trough decline	-15.48%	-23.72%	+8.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.22%	9.57%	-5.35%

Volatility

INDS vs. FPI - Volatility Comparison

The current volatility for Pacer Benchmark Industrial Real Estate SCTR ETF (INDS) is 5.98%, while Farmland Partners Inc. (FPI) has a volatility of 9.35%. This indicates that INDS experiences smaller price fluctuations and is considered to be less risky than FPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	INDS	FPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.98%	9.35%	-3.37%
Volatility (6M) Calculated over the trailing 6-month period	11.09%	17.06%	-5.97%
Volatility (1Y) Calculated over the trailing 1-year period	18.75%	24.11%	-5.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.02%	28.70%	-8.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.19%	35.55%	-12.36%