PATN vs. INDS

Last updated Jun 4, 2026

PATN (Pacer Nasdaq International Patent Leaders ETF) and INDS (Pacer Benchmark Industrial Real Estate SCTR ETF) are both exchange-traded funds - PATN is a Foreign Large Cap Equities fund tracking the Nasdaq International Patent Leaders Index, while INDS is a REIT fund tracking the Benchmark Industrial Real Estate SCTR Index. Both are passively managed. Over the past year, PATN returned 73.16% vs 9.81% for INDS. At a 0.43 correlation, their price movements are largely independent. PATN charges 0.65%/yr vs 0.60%/yr for INDS.

Performance

PATN vs. INDS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Nasdaq International Patent Leaders ETF (PATN) 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, PATN achieves a 40.52% return, which is significantly higher than INDS's 6.59% return.

PATN

• 1D: -0.39%
• 1M: 16.77%
• YTD: 40.52%
• 6M: 44.04%
• 1Y: 73.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

INDS

• 1D: -0.04%
• 1M: -0.04%
• YTD: 6.59%
• 6M: 5.24%
• 1Y: 9.81%
• 3Y*: 2.57%
• 5Y*: 0.82%
• 10Y*: —

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

PATN vs. INDS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
PATN Pacer Nasdaq International Patent Leaders ETF	40.52%	40.01%	-1.73%
INDS Pacer Benchmark Industrial Real Estate SCTR ETF	6.59%	7.78%	-17.55%

Correlation

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

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (All Time) Calculated using the full available price history since Sep 18, 2024	0.43

PATN vs. INDS - Sectors Allocation Comparison

Sectors	PATN	INDS
Technology	41.1%	-
Industrials	16.4%	-
Healthcare	12.5%	-
Consumer Cyclical	9.0%	-
Communication Services	8.4%	-
Consumer Defensive	6.3%	-
Basic Materials	2.9%	-
Energy	2.1%	-
Financial Services	0.8%	-
Real Estate	-	100.0%
Utilities	-	-

Return for Risk

PATN vs. INDS — Risk / Return Rank

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

PATN

PATN Risk / Return Rank: 91
PATN Sharpe Ratio Rank: 93
PATN Sortino Ratio Rank: 91
PATN Omega Ratio Rank: 91
PATN Calmar Ratio Rank: 88
PATN Martin Ratio Rank: 90

INDS

INDS Risk / Return Rank: 19
INDS Sharpe Ratio Rank: 18
INDS Sortino Ratio Rank: 18
INDS Omega Ratio Rank: 18
INDS Calmar Ratio Rank: 19
INDS Martin Ratio Rank: 20

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.

PATN vs. INDS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Nasdaq International Patent Leaders ETF (PATN) 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.

	PATN	INDS	Difference
Sharpe ratio: Return per unit of total volatility	3.47	0.61	+2.86
Sortino ratio: Return per unit of downside risk	4.35	0.97	+3.38
Omega ratio: Gain probability vs. loss probability	1.60	1.11	+0.49
Calmar ratio: Return relative to maximum drawdown	5.11	0.81	+4.30
Martin ratio: Return relative to average drawdown	20.70	2.44	+18.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PATN vs. INDS - Sharpe Ratio Comparison

The current PATN Sharpe Ratio is 3.47, which is higher than the INDS Sharpe Ratio of 0.61. The chart below compares the historical Sharpe Ratios of PATN and INDS, 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

	PATN	INDS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.47	0.61	+2.86
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.04	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.28	0.38	+1.90

Drawdowns

PATN vs. INDS - Drawdown Comparison

The maximum PATN drawdown since its inception was -16.77%, smaller than the maximum INDS drawdown of -40.17%. Use the drawdown chart below to compare losses from any high point for PATN and INDS.

Drawdown Indicators

	PATN	INDS	Difference
Max Drawdown Largest peak-to-trough decline	-16.77%	-40.17%	+23.40%
Max Drawdown (1Y) Largest decline over 1 year	-14.40%	-12.23%	-2.17%
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	-0.39%	-20.51%	+20.12%
Average Drawdown Average peak-to-trough decline	-3.15%	-15.57%	+12.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.55%	4.04%	-0.49%

Volatility

PATN vs. INDS - Volatility Comparison

Pacer Nasdaq International Patent Leaders ETF (PATN) has a higher volatility of 8.84% compared to Pacer Benchmark Industrial Real Estate SCTR ETF (INDS) at 5.23%. This indicates that PATN's price experiences larger fluctuations and is considered to be riskier than INDS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PATN	INDS	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.84%	5.23%	+3.61%
Volatility (6M) Calculated over the trailing 6-month period	18.16%	12.10%	+6.06%
Volatility (1Y) Calculated over the trailing 1-year period	21.18%	16.23%	+4.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.85%	20.16%	+0.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.85%	23.11%	-2.26%

PATN vs. INDS - Expense Ratio Comparison

PATN has a 0.65% expense ratio, which is higher than INDS's 0.60% expense ratio.

Dividends

PATN vs. INDS - Dividend Comparison

PATN's dividend yield for the trailing twelve months is around 1.60%, less than INDS's 3.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
INDS Pacer Benchmark Industrial Real Estate SCTR ETF	3.55%	3.70%	3.75%	3.11%	2.63%	1.24%	1.68%	2.26%	1.81%
PATN Pacer Nasdaq International Patent Leaders ETF	1.60%	2.25%	0.30%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PATN and INDS in my portfolio?

PATN 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 is riskier, PATN or INDS?

PATN has higher volatility (8.84%) compared to INDS (5.23%). In terms of maximum drawdown, PATN dropped -16.77% vs INDS's -40.17%.

Which ETF is better, PATN or INDS?

On 1-year performance, PATN leads with 73.16% vs 9.81% for INDS. On fees, INDS is cheaper at 0.60% per year. On volatility, INDS has been the lower-risk option at 5.23%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PATN or INDS?

Over the 1-year period, PATN has performed better with a 73.16% return vs 9.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PATN or INDS?

INDS is cheaper with a 0.60% expense ratio, compared with 0.65% for PATN.

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

INDS has the higher dividend yield at 3.55%, compared with 1.60% for PATN.

What is the main difference between PATN and INDS?

PATN is categorized as Foreign Large Cap Equities, while INDS is REIT. PATN tracks Nasdaq International Patent Leaders Index, while INDS tracks Benchmark Industrial Real Estate SCTR Index. Their fees differ too: 0.65% for PATN and 0.60% for INDS.

Which has better risk-adjusted returns?

PATN currently has the higher Sharpe Ratio (3.47 vs 0.61), 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.