MCOW vs. INDS

Last updated Jun 6, 2026

MCOW (Pacer S&P MidCap 400 Quality FCF Aristocrats ETF) and INDS (Pacer Benchmark Industrial Real Estate SCTR ETF) are both exchange-traded funds - MCOW is a Mid Cap Blend Equities fund tracking the S&P MidCap 400 Quality FCF Aristocrats Index, while INDS is a REIT fund tracking the Benchmark Industrial Real Estate SCTR Index. Both are passively managed. At a 0.44 correlation, their price movements are largely independent. MCOW charges 0.49%/yr vs 0.60%/yr for INDS.

Performance

MCOW vs. INDS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer S&P MidCap 400 Quality FCF Aristocrats ETF (MCOW) and Pacer Benchmark Industrial Real Estate SCTR ETF (INDS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MCOW achieves a 5.86% return, which is significantly lower than INDS's 7.81% return.

MCOW

• 1D: -3.02%
• 1M: 1.11%
• YTD: 5.86%
• 6M: 4.00%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

INDS

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

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

MCOW vs. INDS - Yearly Performance Comparison

	2026 (YTD)	2025
MCOW Pacer S&P MidCap 400 Quality FCF Aristocrats ETF	5.86%	-3.62%
INDS Pacer Benchmark Industrial Real Estate SCTR ETF	7.81%	1.49%

Correlation

The correlation between MCOW and INDS is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 29, 2025	0.44

Return for Risk

MCOW vs. INDS — 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

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.

MCOW vs. INDS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer S&P MidCap 400 Quality FCF Aristocrats ETF (MCOW) and Pacer Benchmark Industrial Real Estate SCTR ETF (INDS). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	MCOW	INDS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.70	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.05	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.38	-0.24

Drawdowns

MCOW vs. INDS - Drawdown Comparison

The maximum MCOW drawdown since its inception was -15.02%, smaller than the maximum INDS drawdown of -40.17%. Use the drawdown chart below to compare losses from any high point for MCOW and INDS.

Drawdown Indicators

	MCOW	INDS	Difference
Max Drawdown Largest peak-to-trough decline	-15.02%	-40.17%	+25.15%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.23%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-26.96%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-40.17%	—
Current Drawdown Current decline from peak	-3.02%	-19.60%	+16.58%
Average Drawdown Average peak-to-trough decline	-4.58%	-15.57%	+10.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.05%	—

Volatility

Volatility by Period

	MCOW	INDS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.78%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.17%	—
Volatility (1Y) Calculated over the trailing 1-year period	17.89%	16.25%	+1.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.89%	20.16%	-2.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.89%	23.10%	-5.21%

MCOW vs. INDS - Expense Ratio Comparison

MCOW has a 0.49% expense ratio, which is lower than INDS's 0.60% expense ratio.

Dividends

MCOW vs. INDS - Dividend Comparison

MCOW's dividend yield for the trailing twelve months is around 0.22%, less than INDS's 3.43% 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%
MCOW Pacer S&P MidCap 400 Quality FCF Aristocrats ETF	0.22%	0.11%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MCOW and INDS in my portfolio?

MCOW and INDS have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MCOW or INDS?

On fees, MCOW is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MCOW or INDS?

MCOW is cheaper with a 0.49% expense ratio, compared with 0.60% for INDS.

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

INDS has the higher dividend yield at 3.43%, compared with 0.22% for MCOW.

What is the main difference between MCOW and INDS?

MCOW is categorized as Mid Cap Blend Equities, while INDS is REIT. MCOW tracks S&P MidCap 400 Quality FCF Aristocrats Index, while INDS tracks Benchmark Industrial Real Estate SCTR Index. Their fees differ too: 0.49% for MCOW and 0.60% for INDS.