INDS vs. IFGL
INDS (Pacer Benchmark Industrial Real Estate SCTR ETF) and IFGL (iShares International Developed Real Estate ETF) are both REIT funds - INDS tracks the Benchmark Industrial Real Estate SCTR Index while IFGL tracks the FTSE EPRA/NAREIT Developed Real Estate ex-U.S. Index. Both are passively managed. Over the past 5 years, INDS returned 1.31%/yr vs -2.52%/yr for IFGL. A 0.62 correlation means they provide meaningful diversification when combined. INDS charges 0.60%/yr vs 0.48%/yr for IFGL.
Performance
INDS vs. IFGL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, INDS achieves a 10.90% return, which is significantly higher than IFGL's -1.73% return.
INDS
- 1D
- 0.39%
- 1M
- 0.98%
- YTD
- 10.90%
- 6M
- 10.40%
- 1Y
- 15.25%
- 3Y*
- 5.42%
- 5Y*
- 1.31%
- 10Y*
- —
IFGL
- 1D
- 0.88%
- 1M
- -2.32%
- YTD
- -1.73%
- 6M
- -1.67%
- 1Y
- 3.47%
- 3Y*
- 8.38%
- 5Y*
- -2.52%
- 10Y*
- 2.14%
INDS vs. IFGL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
INDS Pacer Benchmark Industrial Real Estate SCTR ETF | 10.90% | 7.78% | -12.69% | 17.72% | -32.68% | 54.61% | 12.62% | 42.25% | -1.14% |
IFGL iShares International Developed Real Estate ETF | -1.73% | 24.31% | -7.25% | 5.40% | -24.21% | 8.29% | -7.62% | 20.65% | -8.90% |
Correlation
The correlation between INDS and IFGL is 0.68, 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 | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since May 15, 2018 | 0.62 |
The correlation between INDS and IFGL has been stable across timeframes, ranging from 0.62 to 0.71 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
INDS vs. IFGL — Risk / Return Rank
INDS
IFGL
INDS vs. IFGL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer Benchmark Industrial Real Estate SCTR ETF (INDS) and iShares International Developed Real Estate ETF (IFGL). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| INDS | IFGL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.69 | ||
| Sortino ratioReturn per unit of downside risk | +0.96 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.05 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.25 | 0.24 | +1.01 |
| Martin ratioReturn relative to average drawdown | 3.77 | 0.64 | +3.13 |
Loading charts...
Drawdowns
INDS vs. IFGL - Drawdown Comparison
The maximum INDS drawdown since its inception was -40.17%, smaller than the maximum IFGL drawdown of -68.93%. Use the drawdown chart below to compare losses from any high point for INDS and IFGL.
Loading charts...
Drawdown Indicators
| INDS | IFGL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.17% | -68.93% | +28.76% |
Max Drawdown (1Y)Largest decline over 1 year | -12.23% | -14.38% | +2.15% |
Max Drawdown (3Y)Largest decline over 3 years | -26.96% | -18.77% | -8.19% |
Max Drawdown (5Y)Largest decline over 5 years | -40.17% | -38.00% | -2.17% |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.38% | — |
Current DrawdownCurrent decline from peak | -17.30% | -14.55% | -2.75% |
Average DrawdownAverage peak-to-trough decline | -15.58% | -17.31% | +1.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.06% | 5.43% | -1.37% |
Volatility
INDS vs. IFGL - Volatility Comparison
Pacer Benchmark Industrial Real Estate SCTR ETF (INDS) has a higher volatility of 4.94% compared to iShares International Developed Real Estate ETF (IFGL) at 4.38%. This indicates that INDS's price experiences larger fluctuations and is considered to be riskier than IFGL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| INDS | IFGL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.94% | 4.38% | +0.56% |
Volatility (6M)Calculated over the trailing 6-month period | 12.50% | 11.96% | +0.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.52% | 13.97% | +2.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.17% | 16.39% | +3.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.06% | 16.45% | +6.61% |
INDS vs. IFGL - Expense Ratio Comparison
INDS has a 0.60% expense ratio, which is higher than IFGL's 0.48% expense ratio.
Dividends
INDS vs. IFGL - Dividend Comparison
INDS's dividend yield for the trailing twelve months is around 3.34%, less than IFGL's 4.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IFGL iShares International Developed Real Estate ETF | 4.18% | 3.71% | 4.83% | 1.82% | 2.79% | 3.25% | 2.17% | 7.60% | 4.10% | 4.90% | 7.68% | 3.70% |
INDS Pacer Benchmark Industrial Real Estate SCTR ETF | 3.34% | 3.70% | 3.75% | 3.11% | 2.63% | 1.24% | 1.68% | 2.26% | 1.81% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
INDS and IFGL have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
INDS has higher volatility (4.94%) compared to IFGL (4.38%). In terms of maximum drawdown, INDS dropped -40.17% vs IFGL's -68.93%.
On 5-year performance, INDS leads with 1.31% vs -2.52% for IFGL. On fees, IFGL is cheaper at 0.48% per year. On volatility, IFGL has been the lower-risk option at 4.38%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, INDS has performed better with a 1.31% return vs -2.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IFGL is cheaper with a 0.48% expense ratio, compared with 0.60% for INDS.
IFGL has the higher dividend yield at 4.18%, compared with 3.34% for INDS.
INDS tracks Benchmark Industrial Real Estate SCTR Index, while IFGL tracks FTSE EPRA/NAREIT Developed Real Estate ex-U.S. Index. They also come from different issuers: Pacer and iShares. Their fees differ too: 0.60% for INDS and 0.48% for IFGL.
INDS currently has the higher Sharpe Ratio (0.94 vs 0.25), 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.
Find the right allocation for INDS and IFGL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer