SHPP vs. INDS
SHPP (Pacer Industrials and Logistics ETF) and INDS (Pacer Benchmark Industrial Real Estate SCTR ETF) are both exchange-traded funds - SHPP is a Industrials Equities fund tracking the Pacer Global Supply Chain Infrastructure Index - Benchmark TR Net, while INDS is a REIT fund tracking the Benchmark Industrial Real Estate SCTR Index. Both are passively managed. Over the past 3 years, SHPP returned 11.34%/yr vs 5.83%/yr for INDS. A 0.63 correlation means they provide meaningful diversification when combined. SHPP charges 0.61%/yr vs 0.60%/yr for INDS.
Performance
SHPP vs. INDS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SHPP achieves a 12.23% return, which is significantly higher than INDS's 10.47% return.
SHPP
- 1D
- -0.12%
- 1M
- -2.05%
- YTD
- 12.23%
- 6M
- 11.01%
- 1Y
- 20.43%
- 3Y*
- 11.34%
- 5Y*
- —
- 10Y*
- —
INDS
- 1D
- 0.67%
- 1M
- 1.05%
- YTD
- 10.47%
- 6M
- 9.97%
- 1Y
- 12.26%
- 3Y*
- 5.83%
- 5Y*
- 1.23%
- 10Y*
- —
SHPP vs. INDS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SHPP Pacer Industrials and Logistics ETF | 12.23% | 12.88% | 0.76% | 20.86% | -4.12% |
INDS Pacer Benchmark Industrial Real Estate SCTR ETF | 10.47% | 7.78% | -12.69% | 17.72% | -11.61% |
Correlation
The correlation between SHPP and INDS is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Jun 9, 2022 | 0.63 |
The correlation between SHPP and INDS has been stable across timeframes, ranging from 0.58 to 0.63 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SHPP vs. INDS — Risk / Return Rank
SHPP
INDS
SHPP vs. INDS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer Industrials and Logistics ETF (SHPP) 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.
| SHPP | INDS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.58 | ||
| Sortino ratioReturn per unit of downside risk | +0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.14 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.86 | 1.01 | +0.85 |
| Martin ratioReturn relative to average drawdown | 6.86 | 3.03 | +3.83 |
Loading charts...
Drawdowns
SHPP vs. INDS - Drawdown Comparison
The maximum SHPP drawdown since its inception was -21.57%, smaller than the maximum INDS drawdown of -40.17%. Use the drawdown chart below to compare losses from any high point for SHPP and INDS.
Loading charts...
Drawdown Indicators
| SHPP | INDS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.57% | -40.17% | +18.60% |
Max Drawdown (1Y)Largest decline over 1 year | -11.06% | -12.23% | +1.17% |
Max Drawdown (3Y)Largest decline over 3 years | -18.84% | -26.96% | +8.12% |
Max Drawdown (5Y)Largest decline over 5 years | — | -40.17% | — |
Current DrawdownCurrent decline from peak | -5.28% | -17.62% | +12.34% |
Average DrawdownAverage peak-to-trough decline | -4.23% | -15.58% | +11.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.99% | 4.06% | -1.07% |
Volatility
SHPP vs. INDS - Volatility Comparison
Pacer Industrials and Logistics ETF (SHPP) has a higher volatility of 5.27% compared to Pacer Benchmark Industrial Real Estate SCTR ETF (INDS) at 4.95%. This indicates that SHPP'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.
Loading charts...
Volatility by Period
| SHPP | INDS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.27% | 4.95% | +0.32% |
Volatility (6M)Calculated over the trailing 6-month period | 12.72% | 12.50% | +0.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.53% | 16.52% | -0.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.47% | 20.17% | -2.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.47% | 23.07% | -5.60% |
SHPP vs. INDS - Expense Ratio Comparison
SHPP has a 0.61% expense ratio, which is higher than INDS's 0.60% expense ratio.
Dividends
SHPP vs. INDS - Dividend Comparison
SHPP's dividend yield for the trailing twelve months is around 1.78%, less than INDS's 3.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
INDS Pacer Benchmark Industrial Real Estate SCTR ETF | 3.35% | 3.70% | 3.75% | 3.11% | 2.63% | 1.24% | 1.68% | 2.26% | 1.81% |
SHPP Pacer Industrials and Logistics ETF | 1.78% | 1.80% | 2.41% | 2.89% | 1.15% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SHPP and INDS have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SHPP has higher volatility (5.27%) compared to INDS (4.95%). In terms of maximum drawdown, SHPP dropped -21.57% vs INDS's -40.17%.
On 3-year performance, SHPP leads with 11.34% vs 5.83% for INDS. On fees, INDS is cheaper at 0.60% per year. On volatility, INDS has been the lower-risk option at 4.95%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, SHPP has performed better with a 11.34% return vs 5.83%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
INDS is cheaper with a 0.60% expense ratio, compared with 0.61% for SHPP.
INDS has the higher dividend yield at 3.35%, compared with 1.78% for SHPP.
SHPP is categorized as Industrials Equities, while INDS is REIT. SHPP tracks Pacer Global Supply Chain Infrastructure Index - Benchmark TR Net, while INDS tracks Benchmark Industrial Real Estate SCTR Index. Their fees differ too: 0.61% for SHPP and 0.60% for INDS.
SHPP currently has the higher Sharpe Ratio (1.32 vs 0.75), 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.
Find the right allocation for SHPP and INDS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer