REAI vs. INDS

Last updated Aug 2, 2026

REAI (Intelligent Real Estate ETF) and INDS (Pacer Benchmark Industrial Real Estate SCTR ETF) are both REIT funds. REAI is actively managed, while INDS is passively managed. Over the past 3 years, REAI returned 5.60%/yr vs 6.01%/yr for INDS. Their correlation of 0.81 means they have usually moved in the same direction. REAI charges 0.59%/yr vs 0.60%/yr for INDS.

Performance

REAI vs. INDS - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with REAI having a 15.18% return and INDS slightly lower at 14.91%.

REAI

• 1D: -0.92%
• 1M: 1.68%
• 6M: 8.83%
• YTD: 15.18%
• 1Y: 17.09%
• 3Y*: 5.60%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 5.62%

INDS

• 1D: 0.06%
• 1M: 2.53%
• 6M: 9.31%
• YTD: 14.91%
• 1Y: 22.21%
• 3Y*: 6.01%
• 5Y*: 1.02%
• 10Y*: —
• ALL TIME*: 9.45%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
INDS Pacer Benchmark Industrial Real Estate SCTR ETF	$293.82K	$375.25K	$371.58K
REAI Intelligent Real Estate ETF	$752.49	$3.93K	$4.06K

REAI vs. INDS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
REAI Intelligent Real Estate ETF	15.18%	-6.08%	8.00%	1.59%
INDS Pacer Benchmark Industrial Real Estate SCTR ETF	14.91%	7.78%	-12.69%	9.94%

Correlation

The correlation between REAI and INDS is 0.72, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.72
Correlation (3Y) Balances recent behavior with more history.	0.81
Correlation (All Time) Calculated using the full available price history since Jun 13, 2023	0.81

The correlation between REAI and INDS has been stable across timeframes, ranging from 0.72 to 0.81 - a consistent structural relationship.

Return for Risk

REAI vs. INDS — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

REAI

REAI Risk / Return Rank: 41
REAI Sharpe Ratio Rank: 43
REAI Sortino Ratio Rank: 42
REAI Omega Ratio Rank: 40
REAI Calmar Ratio Rank: 41
REAI Martin Ratio Rank: 37

INDS

INDS Risk / Return Rank: 58
INDS Sharpe Ratio Rank: 61
INDS Sortino Ratio Rank: 65
INDS Omega Ratio Rank: 58
INDS Calmar Ratio Rank: 53
INDS Martin Ratio Rank: 51

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

REAI vs. INDS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Intelligent Real Estate ETF (REAI) 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.

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.

	REAI	INDS	Difference
Sharpe ratio: Return per unit of total volatility	1.07	1.43	-0.36
Sortino ratio: Return per unit of downside risk	1.57	2.14	-0.58
Omega ratio: Gain probability vs. loss probability	1.19	1.25	-0.06
Calmar ratio: Return relative to maximum drawdown	1.46	1.90	-0.44
Martin ratio: Return relative to average drawdown	3.79	5.94	-2.15

REAI vs. INDS - Sharpe Ratio Comparison

The current REAI Sharpe Ratio is 1.07, which is comparable to the INDS Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of REAI 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.

Drawdowns

REAI vs. INDS - Drawdown Comparison

The maximum REAI drawdown since its inception was -22.29%, smaller than the maximum INDS drawdown of -40.17%. Use the drawdown chart below to compare losses from any high point for REAI and INDS.

Drawdown Indicators

	REAI	INDS	Difference
Max Drawdown Largest peak-to-trough decline	-22.29%	-40.17%	+17.88%
Max Drawdown (1Y) Largest decline over 1 year	-11.08%	-12.23%	+1.15%
Max Drawdown (3Y) Largest decline over 3 years	-22.29%	-26.96%	+4.67%
Max Drawdown (5Y) Largest decline over 5 years	—	-40.17%	—
Current Drawdown Current decline from peak	-1.97%	-14.31%	+12.34%
Average Drawdown Average peak-to-trough decline	-7.04%	-15.58%	+8.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.26%	3.91%	+0.35%

Volatility

REAI vs. INDS - Volatility Comparison

The current volatility for Intelligent Real Estate ETF (REAI) is 3.51%, while Pacer Benchmark Industrial Real Estate SCTR ETF (INDS) has a volatility of 4.84%. This indicates that REAI experiences smaller price fluctuations and is considered to be less risky than INDS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	REAI	INDS	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.51%	4.84%	-1.33%
Volatility (6M) Calculated over the trailing 6-month period	10.72%	12.76%	-2.04%
Volatility (1Y) Calculated over the trailing 1-year period	15.12%	16.59%	-1.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.86%	20.19%	-2.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.86%	22.99%	-5.13%

REAI vs. INDS - Expense Ratio Comparison

REAI has a 0.59% expense ratio, which is lower than INDS's 0.60% expense ratio.

Dividends

REAI vs. INDS - Dividend Comparison

REAI's dividend yield for the trailing twelve months is around 1.78%, less than INDS's 3.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
INDS Pacer Benchmark Industrial Real Estate SCTR ETF	3.22%	3.70%	3.75%	3.11%	2.63%	1.24%	1.68%	2.26%	1.81%
REAI Intelligent Real Estate ETF	1.78%	4.52%	3.34%	1.99%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both REAI and INDS in my portfolio?

REAI and INDS have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, REAI or INDS?

INDS has higher volatility (4.84%) compared to REAI (3.51%). In terms of maximum drawdown, REAI dropped -22.29% vs INDS's -40.17%.

Which ETF is better, REAI or INDS?

On 3-year performance, INDS leads with 6.01% vs 5.60% for REAI. On fees, REAI is cheaper at 0.59% per year. On volatility, REAI has been the lower-risk option at 3.51%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, REAI or INDS?

Over the 3-year period, INDS has performed better with a 6.01% return vs 5.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, REAI or INDS?

REAI is cheaper with a 0.59% expense ratio, compared with 0.60% for INDS.

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

INDS has the higher dividend yield at 3.22%, compared with 1.78% for REAI.

What is the main difference between REAI and INDS?

They also come from different issuers: Armada ETF Advisors and Pacer. Their fees differ too: 0.59% for REAI and 0.60% for INDS.

Which has better risk-adjusted returns?

INDS currently has the higher Sharpe Ratio (1.43 vs 1.07), 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.