What Is the INDS ETF? Returns, Expense Ratio, Holdings, and Alternative ETFs Explained
The Pacer Industrial Real Estate ETF (INDS) concentrates on warehouse and self-storage REITs. It is classified as an e-commerce beneficiary play and pays quarterly dividends. Comparison with broad REIT ETFs such as VNQ and SCHH is a key factor when choosing between them.
SubscribeWhat Is the Pacer Industrial Real Estate ETF?
This is a sector-specific ETF that tracks an industrial real estate REIT index. It consists of developed-market companies that generate most of their revenue from operating warehouses and self-storage facilities.
It suits REIT investors who want targeted exposure to the growth of e-commerce and logistics infrastructure.
It is a passive (index-tracking) ETF managed by Pacer.
How Does the Pacer Industrial Real Estate ETF Invest?
| Item | Details |
|---|---|
| Tracked Index | Industrial real estate REIT index |
| Management Style | Passive (index-tracking) |
| Rebalancing Frequency | Quarterly |
| Dividend Frequency | Quarterly |
| Expense Ratio | 0.49% |
The fund holds REITs listed in developed markets that generate most of their revenue from operating industrial real estate such as warehouses and self-storage facilities, weighted by market capitalization. Rebalancing is applied quarterly in accordance with the index methodology.
- Unlike broad real estate ETFs, it focuses solely on the industrial real estate sector
- It includes both the warehouse and self-storage subsectors
Pacer Industrial Real Estate ETF Size and Costs (AUM and Management Fee)
Assets under management (AUM) stand at $102.0M, and the expense ratio is 0.49% per year.
Compared with the broad real estate ETFs shown in the table, VNQ, SCHH, and XLRE, it offers concentrated exposure to the industrial real estate subsector, and its size is relatively small.
Pacer Industrial Real Estate ETF Performance and Trends
1-Year Price Performance
Dividend & Yield
52-Week Price RangeThe fund follows the overall trend of the industrial real estate sector alongside growing demand for e-commerce and logistics infrastructure, and as is typical of REITs, it tends to show short-term volatility in response to changes in the interest rate environment.
Fund flows move with investor interest in the industrial real estate theme, and during periods of falling interest rates, money sometimes flows into the REIT sector as a whole.
Pacer Industrial Real Estate ETF Pros and Cons
Its strength is concentrated exposure to the industrial real estate theme, while its weakness is lower diversification than broad REIT ETFs due to its narrow sector focus.
💪 Key Strengths
⚠️ Points to Watch
Pacer Industrial Real Estate ETF Alternatives and Related Products
The broad REIT ETFs shown in the table, such as VNQ, SCHH, XLRE, IYR, and USRT, diversify across the U.S. real estate market as a whole, and they tend to offer greater sector diversification and larger assets under management than INDS. By contrast, INDS offers concentrated thematic exposure to industrial real estate. In addition, REZ, which focuses on residential and diversified real estate, ICF, which is built mainly around large REITs, and RWR and FREL, which hold a broad range of REITs, are other options within the real estate sector worth considering.
Peer Comparison ETFs| Ticker | Name | Price | Change | AUM | Total Expense Ratio | Dividend Yield | 1Y |
|---|---|---|---|---|---|---|---|
 VNQ | Vanguard Real Estate Index Fund ETF | $92.69 | +0.0% | $37.1B | 0.13% | 3.67% | +0.6% |
 SCHH | Schwab U.S. REIT ETF | $22.79 | +0.3% | $10.9B | 0.07% | 2.97% | +4.9% |
 XLRE | State Street Real Estate Select Sector SPDR ETF | $42.57 | +0.1% | $8.0B | 0.08% | 3.39% | +0.2% |
 USRT | iShares Core U.S. REIT ETF | $63.07 | -0.1% | $4.3B | 0.08% | 2.78% | +6.5% |
 IYR | iShares U.S. Real Estate ETF | $98.40 | +0.0% | $3.9B | 0.37% | 2.42% | +0.5% |
Top Holdings| Ticker | Name | Weight | Price | Change | Market Cap | P/E | Dividend Yield |
|---|---|---|---|---|---|---|---|
| PSA | Public Storage | 0.30% | $309.89 | +0.3% | $57.9B | 29.6 | 3.88% |
| PLD | Prologis Inc | 0.30% | $126.45 | -0.2% | $122.6B | 27.9 | 3.38% |
| EXR | Extra Space Storage Inc | 0.29% | $143.41 | +0.1% | $31.6B | 32.1 | 4.54% |
 EGP | Eastgroup Properties Inc | 0.09% | $199.02 | -1.8% | $10.7B | 33.8 | 3.26% |
 WPC | W. P. Carey Inc | 0.09% | $63.90 | -1.0% | $14.6B | 21.9 | 5.86% |
Pacer Industrial Real Estate ETF Investor Checkpoints
These are the points to review before investing in INDS. Because this ETF is concentrated in the narrow sector of industrial real estate, it is wise to check its concentration, interest rate sensitivity, and liquidity in advance.
| Checkpoint | What to Check | Current Status |
|---|---|---|
| 💵 Expense Ratio | Check the impact of cumulative costs over a long holding period | Annual fee applies |
| 🏭 Sector Concentration | Whether the fund is skewed toward the single industrial real estate sector | Theme-concentrated structure |
| 💧 Liquidity | Check daily trading value and bid-ask spread | Small to mid-sized |
| 📊 Interest Rate Sensitivity | Impact of interest rate changes, as is typical of REITs | Linked to interest rates |
Concentration in the industrial real estate sector and interest rate sensitivity are the main drivers of short-term volatility. Its diversification benefit is lower than that of broad REIT ETFs, so price swings can be larger during sector corrections.
It is a suitable choice for investors who want targeted exposure to the e-commerce and logistics infrastructure theme. For broader diversification, broad REIT ETFs such as VNQ and SCHH may be a better fit.
SubscribeDisclaimer: This content is for informational purposes only and does not constitute investment advice. All investment responsibility lies with the investor.
This article reflects information as of July 2, 2026.
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