INDS vs. TRFK

Last updated Jun 6, 2026

INDS (Pacer Benchmark Industrial Real Estate SCTR ETF) and TRFK (Pacer Data and Digital Revolution ETF) are both exchange-traded funds - INDS is a REIT fund tracking the Benchmark Industrial Real Estate SCTR Index, while TRFK is a Technology Equities fund tracking the Pacer Data Transmission and Communication Revolution Index - Benchmark TR Net. Both are passively managed. Over the past 3 years, INDS returned 3.25%/yr vs 47.82%/yr for TRFK. At a 0.34 correlation, their price movements are largely independent. Both charge a 0.60% expense ratio.

Performance

INDS vs. TRFK - Performance Comparison

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

Returns By Period

In the year-to-date period, INDS achieves a 7.81% return, which is significantly lower than TRFK's 50.10% return.

INDS

• 1D: -0.24%
• 1M: -1.92%
• YTD: 7.81%
• 6M: 7.73%
• 1Y: 11.27%
• 3Y*: 3.25%
• 5Y*: 1.05%
• 10Y*: —

TRFK

• 1D: -9.01%
• 1M: 10.09%
• YTD: 50.10%
• 6M: 42.02%
• 1Y: 80.29%
• 3Y*: 47.82%
• 5Y*: —
• 10Y*: —

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

INDS vs. TRFK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
INDS Pacer Benchmark Industrial Real Estate SCTR ETF	7.81%	7.78%	-12.69%	17.72%	-10.28%
TRFK Pacer Data and Digital Revolution ETF	50.10%	26.81%	38.30%	66.63%	-10.61%

Correlation

The correlation between INDS and TRFK is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.22
Correlation (All Time) Calculated using the full available price history since Jun 10, 2022	0.34

Over the past year, the correlation between INDS and TRFK has dropped to 0.11 - well below their long-term average of 0.34, suggesting their price drivers have been diverging.

INDS vs. TRFK - Sectors Allocation Comparison

Sectors	INDS	TRFK
Real Estate	100.0%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	8.3%
Technology	-	91.8%
Utilities	-	-

Return for Risk

INDS vs. TRFK — 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: 21
INDS Calmar Ratio Rank: 21
INDS Martin Ratio Rank: 23

TRFK

TRFK Risk / Return Rank: 75
TRFK Sharpe Ratio Rank: 86
TRFK Sortino Ratio Rank: 75
TRFK Omega Ratio Rank: 76
TRFK Calmar Ratio Rank: 81
TRFK Martin Ratio Rank: 58

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. TRFK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Benchmark Industrial Real Estate SCTR ETF (INDS) and Pacer Data and Digital Revolution ETF (TRFK). 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	TRFK	Difference
Sharpe ratio: Return per unit of total volatility	0.70	2.75	-2.06
Sortino ratio: Return per unit of downside risk	1.09	3.23	-2.14
Omega ratio: Gain probability vs. loss probability	1.13	1.43	-0.30
Calmar ratio: Return relative to maximum drawdown	0.93	4.13	-3.20
Martin ratio: Return relative to average drawdown	2.79	9.86	-7.07
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. TRFK - Sharpe Ratio Comparison

The current INDS Sharpe Ratio is 0.70, which is lower than the TRFK Sharpe Ratio of 2.75. The chart below compares the historical Sharpe Ratios of INDS and TRFK, 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	TRFK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.70	2.75	-2.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.05	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	1.40	-1.02

Drawdowns

INDS vs. TRFK - Drawdown Comparison

The maximum INDS drawdown since its inception was -40.17%, which is greater than TRFK's maximum drawdown of -29.06%. Use the drawdown chart below to compare losses from any high point for INDS and TRFK.

Drawdown Indicators

	INDS	TRFK	Difference
Max Drawdown Largest peak-to-trough decline	-40.17%	-29.06%	-11.11%
Max Drawdown (1Y) Largest decline over 1 year	-12.23%	-19.56%	+7.33%
Max Drawdown (3Y) Largest decline over 3 years	-26.96%	-29.06%	+2.10%
Max Drawdown (5Y) Largest decline over 5 years	-40.17%	—	—
Current Drawdown Current decline from peak	-19.60%	-11.73%	-7.87%
Average Drawdown Average peak-to-trough decline	-15.57%	-6.04%	-9.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.05%	8.17%	-4.12%

Volatility

INDS vs. TRFK - Volatility Comparison

The current volatility for Pacer Benchmark Industrial Real Estate SCTR ETF (INDS) is 4.78%, while Pacer Data and Digital Revolution ETF (TRFK) has a volatility of 14.77%. This indicates that INDS experiences smaller price fluctuations and is considered to be less risky than TRFK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	INDS	TRFK	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.78%	14.77%	-9.99%
Volatility (6M) Calculated over the trailing 6-month period	12.17%	24.07%	-11.90%
Volatility (1Y) Calculated over the trailing 1-year period	16.25%	29.33%	-13.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.16%	29.29%	-9.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.10%	29.29%	-6.19%

INDS vs. TRFK - Expense Ratio Comparison

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

Dividends

INDS vs. TRFK - Dividend Comparison

INDS's dividend yield for the trailing twelve months is around 3.43%, more than TRFK's 0.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
INDS Pacer Benchmark Industrial Real Estate SCTR ETF	3.43%	3.70%	3.75%	3.11%	2.63%	1.24%	1.68%	2.26%	1.81%
TRFK Pacer Data and Digital Revolution ETF	0.01%	0.01%	0.40%	0.20%	0.56%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both INDS and TRFK in my portfolio?

INDS and TRFK have a correlation of 0.11, 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 TRFK?

TRFK has higher volatility (14.77%) compared to INDS (4.78%). In terms of maximum drawdown, INDS dropped -40.17% vs TRFK's -29.06%.

Which ETF is better, INDS or TRFK?

On 3-year performance, TRFK leads with 47.82% vs 3.25% for INDS. Both ETFs have the same 0.60% expense ratio. On volatility, INDS has been the lower-risk option at 4.78%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, INDS or TRFK?

Over the 3-year period, TRFK has performed better with a 47.82% return vs 3.25%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, INDS or TRFK?

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

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

INDS has the higher dividend yield at 3.43%, compared with 0.01% for TRFK.

What is the main difference between INDS and TRFK?

INDS is categorized as REIT, while TRFK is Technology Equities. INDS tracks Benchmark Industrial Real Estate SCTR Index, while TRFK tracks Pacer Data Transmission and Communication Revolution Index - Benchmark TR Net.

Which has better risk-adjusted returns?

TRFK currently has the higher Sharpe Ratio (2.75 vs 0.70), 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.