INDS vs. VOO
INDS (Pacer Benchmark Industrial Real Estate SCTR ETF) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - INDS is a REIT fund tracking the Benchmark Industrial Real Estate SCTR Index, while VOO is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 5 years, INDS returned 1.28%/yr vs 13.13%/yr for VOO. A 0.56 correlation means they provide meaningful diversification when combined. INDS charges 0.60%/yr vs 0.03%/yr for VOO.
Performance
INDS vs. VOO - Performance Comparison
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Returns By Period
In the year-to-date period, INDS achieves a 9.73% return, which is significantly higher than VOO's 8.19% return.
INDS
- 1D
- 0.44%
- 1M
- 0.37%
- YTD
- 9.73%
- 6M
- 10.02%
- 1Y
- 11.96%
- 3Y*
- 5.60%
- 5Y*
- 1.28%
- 10Y*
- —
VOO
- 1D
- -1.42%
- 1M
- -1.34%
- YTD
- 8.19%
- 6M
- 7.24%
- 1Y
- 23.69%
- 3Y*
- 20.78%
- 5Y*
- 13.13%
- 10Y*
- 15.61%
INDS vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
INDS Pacer Benchmark Industrial Real Estate SCTR ETF | 9.73% | 7.78% | -12.69% | 17.72% | -32.68% | 54.61% | 12.62% | 42.25% | -1.14% |
VOO Vanguard S&P 500 ETF | 8.19% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -7.01% |
Correlation
The correlation between INDS and VOO is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since May 15, 2018 | 0.56 |
Over the past year, the correlation between INDS and VOO has dropped to 0.34 - well below their long-term average of 0.56, suggesting their price drivers have been diverging.
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Return for Risk
INDS vs. VOO — Risk / Return Rank
INDS
VOO
INDS vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer Benchmark Industrial Real Estate SCTR ETF (INDS) and Vanguard S&P 500 ETF (VOO). 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 | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.19 | ||
| Sortino ratioReturn per unit of downside risk | -1.47 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.35 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.98 | 2.67 | -1.69 |
| Martin ratioReturn relative to average drawdown | 2.95 | 11.96 | -9.01 |
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Drawdowns
INDS vs. VOO - Drawdown Comparison
The maximum INDS drawdown since its inception was -40.17%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for INDS and VOO.
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Drawdown Indicators
| INDS | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.17% | -33.99% | -6.18% |
Max Drawdown (1Y)Largest decline over 1 year | -12.23% | -8.90% | -3.33% |
Max Drawdown (3Y)Largest decline over 3 years | -26.96% | -18.69% | -8.27% |
Max Drawdown (5Y)Largest decline over 5 years | -40.17% | -24.52% | -15.65% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.99% | — |
Current DrawdownCurrent decline from peak | -18.17% | -3.14% | -15.03% |
Average DrawdownAverage peak-to-trough decline | -15.58% | -3.68% | -11.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.06% | 1.99% | +2.07% |
Volatility
INDS vs. VOO - Volatility Comparison
Pacer Benchmark Industrial Real Estate SCTR ETF (INDS) and Vanguard S&P 500 ETF (VOO) have volatilities of 4.91% and 4.83%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| INDS | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.91% | 4.83% | +0.08% |
Volatility (6M)Calculated over the trailing 6-month period | 12.50% | 9.82% | +2.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.56% | 12.46% | +4.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.17% | 16.91% | +3.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.07% | 18.02% | +5.05% |
INDS vs. VOO - Expense Ratio Comparison
INDS has a 0.60% expense ratio, which is higher than VOO's 0.03% expense ratio.
Dividends
INDS vs. VOO - Dividend Comparison
INDS's dividend yield for the trailing twelve months is around 3.37%, more than VOO's 1.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INDS Pacer Benchmark Industrial Real Estate SCTR ETF | 3.37% | 3.70% | 3.75% | 3.11% | 2.63% | 1.24% | 1.68% | 2.26% | 1.81% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.05% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Frequently Asked Questions
INDS and VOO have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
INDS has higher volatility (4.91%) compared to VOO (4.83%). In terms of maximum drawdown, INDS dropped -40.17% vs VOO's -33.99%.
On 5-year performance, VOO leads with 13.13% vs 1.28% for INDS. On fees, VOO is cheaper at 0.03% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, VOO has performed better with a 13.13% return vs 1.28%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VOO is cheaper with a 0.03% expense ratio, compared with 0.60% for INDS.
INDS has the higher dividend yield at 3.37%, compared with 1.05% for VOO.
INDS is categorized as REIT, while VOO is S&P 500. INDS tracks Benchmark Industrial Real Estate SCTR Index, while VOO tracks S&P 500 Index. They also come from different issuers: Pacer and Vanguard. Their fees differ too: 0.60% for INDS and 0.03% for VOO.
VOO currently has the higher Sharpe Ratio (1.91 vs 0.73), 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.
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