SHPP vs. EXI

Last updated Jun 4, 2026

SHPP (Pacer Industrials and Logistics ETF) and EXI (iShares Global Industrials ETF) are both Industrials Equities funds - SHPP tracks the Pacer Global Supply Chain Infrastructure Index - Benchmark TR Net while EXI tracks the S&P Global 1200 / Industrials -SEC. Both are passively managed. Over the past 3 years, SHPP returned 13.21%/yr vs 20.74%/yr for EXI. Their correlation of 0.86 suggests significant overlap in exposure. SHPP charges 0.61%/yr vs 0.43%/yr for EXI.

Performance

SHPP vs. EXI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Industrials and Logistics ETF (SHPP) and iShares Global Industrials ETF (EXI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SHPP achieves a 17.15% return, which is significantly higher than EXI's 10.88% return.

SHPP

• 1D: -1.13%
• 1M: 6.92%
• YTD: 17.15%
• 6M: 18.13%
• 1Y: 26.19%
• 3Y*: 13.21%
• 5Y*: —
• 10Y*: —

EXI

• 1D: -0.21%
• 1M: 1.21%
• YTD: 10.88%
• 6M: 13.08%
• 1Y: 22.09%
• 3Y*: 20.74%
• 5Y*: 11.17%
• 10Y*: 12.43%

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

SHPP vs. EXI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SHPP Pacer Industrials and Logistics ETF	17.15%	12.88%	0.76%	20.86%	-4.12%
EXI iShares Global Industrials ETF	10.88%	25.88%	12.47%	22.04%	3.20%

Correlation

The correlation between SHPP and EXI is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (All Time) Calculated using the full available price history since Jun 10, 2022	0.86

The correlation between SHPP and EXI has been stable across timeframes, ranging from 0.81 to 0.86 - a consistent structural relationship.

SHPP vs. EXI - Sectors Allocation Comparison

Sectors	SHPP	EXI
Industrials	80.9%	92.8%
Technology	14.2%	2.7%
Consumer Cyclical	2.2%	0.6%
Basic Materials	-	0.2%
Communication Services	-	0.6%
Consumer Defensive	-	0.1%
Energy	-	-
Financial Services	-	0.1%
Healthcare	-	-
Real Estate	-	-
Utilities	-	2.9%

Return for Risk

SHPP vs. EXI — Risk / Return Rank

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

SHPP

SHPP Risk / Return Rank: 50
SHPP Sharpe Ratio Rank: 51
SHPP Sortino Ratio Rank: 50
SHPP Omega Ratio Rank: 48
SHPP Calmar Ratio Rank: 48
SHPP Martin Ratio Rank: 53

EXI

EXI Risk / Return Rank: 40
EXI Sharpe Ratio Rank: 38
EXI Sortino Ratio Rank: 40
EXI Omega Ratio Rank: 39
EXI Calmar Ratio Rank: 36
EXI Martin Ratio Rank: 44

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.

SHPP vs. EXI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Industrials and Logistics ETF (SHPP) and iShares Global Industrials ETF (EXI). 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.

	SHPP	EXI	Difference
Sharpe ratio: Return per unit of total volatility	1.74	1.39	+0.35
Sortino ratio: Return per unit of downside risk	2.44	2.09	+0.35
Omega ratio: Gain probability vs. loss probability	1.30	1.26	+0.04
Calmar ratio: Return relative to maximum drawdown	2.38	1.80	+0.58
Martin ratio: Return relative to average drawdown	9.01	7.30	+1.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SHPP vs. EXI - Sharpe Ratio Comparison

The current SHPP Sharpe Ratio is 1.74, which is comparable to the EXI Sharpe Ratio of 1.39. The chart below compares the historical Sharpe Ratios of SHPP and EXI, 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

	SHPP	EXI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.74	1.39	+0.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.66	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.66	0.42	+0.24

Drawdowns

SHPP vs. EXI - Drawdown Comparison

The maximum SHPP drawdown since its inception was -21.57%, smaller than the maximum EXI drawdown of -62.60%. Use the drawdown chart below to compare losses from any high point for SHPP and EXI.

Drawdown Indicators

	SHPP	EXI	Difference
Max Drawdown Largest peak-to-trough decline	-21.57%	-62.60%	+41.03%
Max Drawdown (1Y) Largest decline over 1 year	-11.06%	-12.35%	+1.29%
Max Drawdown (3Y) Largest decline over 3 years	-18.84%	-14.38%	-4.46%
Max Drawdown (5Y) Largest decline over 5 years	—	-27.23%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.56%	—
Current Drawdown Current decline from peak	-1.13%	-3.16%	+2.03%
Average Drawdown Average peak-to-trough decline	-4.26%	-9.97%	+5.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.91%	3.03%	-0.12%

Volatility

SHPP vs. EXI - Volatility Comparison

The current volatility for Pacer Industrials and Logistics ETF (SHPP) is 4.65%, while iShares Global Industrials ETF (EXI) has a volatility of 5.33%. This indicates that SHPP experiences smaller price fluctuations and is considered to be less risky than EXI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SHPP	EXI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.65%	5.33%	-0.68%
Volatility (6M) Calculated over the trailing 6-month period	12.10%	13.42%	-1.32%
Volatility (1Y) Calculated over the trailing 1-year period	15.09%	15.92%	-0.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.45%	16.99%	+0.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.45%	18.41%	-0.96%

SHPP vs. EXI - Expense Ratio Comparison

SHPP has a 0.61% expense ratio, which is higher than EXI's 0.43% expense ratio.

Dividends

SHPP vs. EXI - Dividend Comparison

SHPP's dividend yield for the trailing twelve months is around 1.65%, more than EXI's 1.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EXI iShares Global Industrials ETF	1.19%	1.32%	1.47%	1.84%	1.63%	1.42%	1.26%	1.72%	2.21%	1.48%	1.75%	1.95%
SHPP Pacer Industrials and Logistics ETF	1.65%	1.80%	2.41%	2.89%	1.15%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SHPP and EXI in my portfolio?

SHPP and EXI have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SHPP or EXI?

EXI has higher volatility (5.33%) compared to SHPP (4.65%). In terms of maximum drawdown, SHPP dropped -21.57% vs EXI's -62.60%.

Which ETF is better, SHPP or EXI?

On 3-year performance, EXI leads with 20.74% vs 13.21% for SHPP. On fees, EXI is cheaper at 0.43% per year. On volatility, SHPP has been the lower-risk option at 4.65%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SHPP or EXI?

Over the 3-year period, EXI has performed better with a 20.74% return vs 13.21%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SHPP or EXI?

EXI is cheaper with a 0.43% expense ratio, compared with 0.61% for SHPP.

Which ETF pays a higher dividend yield, SHPP or EXI?

SHPP has the higher dividend yield at 1.65%, compared with 1.19% for EXI.

What is the main difference between SHPP and EXI?

SHPP tracks Pacer Global Supply Chain Infrastructure Index - Benchmark TR Net, while EXI tracks S&P Global 1200 / Industrials -SEC. They also come from different issuers: Pacer and iShares. Their fees differ too: 0.61% for SHPP and 0.43% for EXI.

Which has better risk-adjusted returns?

SHPP currently has the higher Sharpe Ratio (1.74 vs 1.39), 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.