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INDS vs REET

Pacer Industrial Real Estate ETF

INDSCNYSE Arca

iShares Global REIT ETF

REETANYSE Arca

Overlap

Expense ratio

REET −0.35pt a year

INDS0.49%REET0.14%

Avg volume · 30D

REET 310.7×the volume

INDS9.71KREET3.02M

5Y return · a year

REET +2.5pt

INDS−1.2%REET+1.3%

INDS vs REET Performance

Nov 2, 2021 – Nov 2, 2026

−5.9%INDS+6.5%REET

Nov 2, 2021 to Nov 2, 2026. INDS −5.9%. REET +6.5%. Use the arrow keys to read each point.−30%−20%0%Nov 2021May 2024Nov 2026
Expense ratio
INDS 0.49%
REET 0.14%, better
Fund size
INDS $104M
REET $4.77B
1Y total return
INDS +11.7%, better
REET +9.7%
Yield (12M)
INDS 4.36%, better
REET 3.49%
Holdings
INDS 38
REET 350
Avg volume (30D)
INDS 9.71K sh
REET 3.02M sh, better
NAV per share
INDS $39.38
REET $26.44
52W range

ETF.net Grade

INDS: Cost 44, Risk 37, Mission not scored, Tradability 43, Holdings 34, Durability 43. REET: Cost 88, Risk 61, Mission 99, Tradability 100, Holdings 39, Durability 92.
Pillar letters and Scores for INDS, REET, with each pillar’s weight
PillarINDSREET
Cost30% weightC44A88Higher
Mission25% weightNot scoredA99
Risk15% weightD37B61Higher
Tradability15% weightC43A100Higher
Holdings10% weightD34D39Higher
Durability5% weightC43A92Higher

Rank among Global & International Real Estate funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. INDS and REET are both graded against the same 18 Global & International Real Estate funds, so their Grades compare head to head.

Global & International Real Estate⁠

Category · 18 funds
See all 18 ›

REET ranks 1st and INDS 13th of 18 funds in the Global & International Real Estate Category.

  1. Rank 1AREETiShares Global REIT ETFScore 78
  2. Rank 2ADFGRDimensional Global Real Estate ETFScore 77
  3. Rank 11CRITAETFB Green SRI REITs ETFScore 43
  4. Rank 13CINDSPacer Industrial Real Estate ETFScore 41
  5. Rank 14DSPRESP Funds S&P Global REIT Sharia ETFScore 38

Our read on each fund

ETF.net Research

INDSCPacer Industrial Real Estate ETF

REETAiShares Global REIT ETF

In short

INDS Most real estate funds hand you the whole property market in one bundle. INDS takes just the industrial slice, tracking a global developed-market index of about 40 companies whose revenue comes substantially from industrial real estate.

REET One ticker, roughly 300 listed REITs across developed and emerging markets, US included, for 0.14% a year. The plain-vanilla global landlord basket, at a fraction of what its category usually charges.

Stated mandate

INDS The fund seeks exposure to global developed-market companies whose revenue is substantially generated by industrial real-estate operations.

REET The fund seeks to track a global real-estate-equity index covering publicly listed REITs in developed and emerging markets.

Why people hold it

  • INDS A pure industrial play, not a REIT grab bag: about 40 developed-market names picked by index rule, each earning most of its revenue from industrial property.
  • Costs 0.49% a year, a shade under the median for its global real estate peer group. The niche focus does not carry a niche price tag.
  • Live since 2018 and distributing quarterly, so there are years of real-world behavior on the tape rather than an index backtest.
  • REET Charges 0.14% a year, well under the typical fee among global real estate funds.
  • Covers global REITs in one line, US included. Ex-US peers like VNQI and HAUZ leave the home market out by design.
  • Roughly 300 REITs spanning developed and emerging markets, with distributions paid quarterly.
  • A multi-billion-dollar, actively traded fund running since its 2014 launch, and it has hugged its index tightly.

Worth knowing

  • INDS Thinly traded. Spreads can run wider than the category's household names, and size orders take more care to fill.
  • One property type, about 40 holdings. Concentration is the whole design, and it cuts both directions.
  • Broad global real estate rivals such as HAUZ (0.10%) and VNQI (0.12%) charge a fraction as much, and they lead this peer group. They own the whole market, not the industrial slice.
  • REET One sector, start to finish. REIT prices move with property values and interest rates, and nothing outside real estate is here to offset that.
  • Foreign listings mean overseas currency moves flow into what a US investor sees.
  • The index holds REITs specifically, so real estate operators and developers not structured as REITs fall outside it.ishares.com

Full INDS profile⁠

Full REET profile⁠

INDS vs REET Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

INDS vs REET Cost

Overpaying INDS vs REET

$6,860

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • INDS 0.49%

    $9,792

  • REET 0.14%

    $2,932

$10,000
30 years

Cost over time

  • INDS 0.49%
  • REET 0.14%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530INDS $9,792REET $2,932

Year by year

YearINDSREETOverpaying
10$883$256$627
20$3,394$1,000$2,394
30$9,792$2,932$6,860

Expense ratio

  • 0.49%INDS
  • 0.14%REET, cheaper
  • Middle half of Global & International Real Estate funds
  • Median 0.49%

REET 3rd cheapest of 18 funds

INDS 8th cheapest of 18 funds

INDS vs REET Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
INDS 4.36%, better
REET 3.49%
Payout (12M)
INDS $1.75
REET $0.93
Last payment
INDS $0.79
REET $0.23
Ex-dividend
INDS Sep 3, 2026
REET Sep 15, 2026
Paid on
INDS Sep 8, 2026
REET Sep 18, 2026
Frequency
INDS Quarterly
REET Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

INDSQuarterly · 32 paymentsAll INDS payments⁠
One bar per payment. 32 payments from 2017 to 2026 YTD. Jun 26, 2018 $0.07; Sep 25, 2018 $0.20; Dec 24, 2018 $0.16; Mar 26, 2019 $0.24; Jun 25, 2019 $0.06; Sep 24, 2019 $0.15; Dec 24, 2019 $0.30; Mar 23, 2020 $0.11; Jun 22, 2020 $0.07; Sep 21, 2020 $0.19; Dec 21, 2020 $0.25; Mar 22, 2021 $0.16; Jun 21, 2021 $0.08; Sep 23, 2021 $0.19; Dec 23, 2021 $0.26; Mar 24, 2022 $0.05; Jun 23, 2022 $0.09; Sep 22, 2022 $0.52; Dec 22, 2022 $0.32; Mar 23, 2023 $0.08; Jun 22, 2023 $0.18; Sep 21, 2023 $1.04; Mar 21, 2024 $0.34; Jun 27, 2024 $0.20; Sep 26, 2024 $0.34; Dec 27, 2024 $0.43; Jun 5, 2025 $0.07; Sep 4, 2025 $0.40; Dec 30, 2025 $0.89; Mar 5, 2026 $0.03; Jun 4, 2026 $0.04; Sep 3, 2026 $0.79. Use the arrow keys to read each point.$0$12017202020232026YTD
REETQuarterly · 38 paymentsAll REET payments⁠
One bar per payment. 38 payments from 2017 to 2026 YTD. Mar 24, 2017 $0.25; Jun 20, 2017 $0.26; Sep 26, 2017 $0.22; Dec 21, 2017 $0.25; Dec 28, 2017 $0.02; Mar 22, 2018 $0.26; Jun 19, 2018 $0.32; Sep 26, 2018 $0.52; Dec 18, 2018 $0.25; Mar 20, 2019 $0.26; Jun 17, 2019 $0.27; Sep 24, 2019 $0.26; Dec 16, 2019 $0.66; Mar 25, 2020 $0.26; Jun 15, 2020 $0.18; Sep 23, 2020 $0.19; Mar 25, 2021 $0.24; Jun 10, 2021 $0.22; Sep 24, 2021 $0.18; Dec 13, 2021 $0.34; Mar 24, 2022 $0.13; Jun 9, 2022 $0.14; Sep 26, 2022 $0.28; Mar 23, 2023 $0.15; Jun 7, 2023 $0.13; Sep 26, 2023 $0.27; Dec 20, 2023 $0.24; Mar 21, 2024 $0.13; Jun 11, 2024 $0.07; Sep 25, 2024 $0.25; Dec 17, 2024 $0.41; Mar 18, 2025 $0.13; Jun 16, 2025 $0.19; Sep 16, 2025 $0.23; Dec 15, 2025 $0.38; Mar 17, 2026 $0.13; Jun 15, 2026 $0.20; Sep 15, 2026 $0.23. Use the arrow keys to read each point.$0$12017202020232026YTD

INDS vs REET Risk

Fall from peak · 5 years

  • INDS
  • REET
Nov 2, 2021 to Nov 2, 2026. Worst fall: INDS −40.1% · Oct 2023. Use the arrow keys to read each point.−30%−20%−10%0%Nov 2021May 2024Nov 2026

Risk facts

VolatilityStd dev, 3 years
INDS 20.9%REET 15.4%, better
Return per unit of riskSharpe ratio, 3 years
INDS 0.35REET 0.59, better
Worst fallMax drawdown, 5 years
INDS −40.1%REET −32.1%, better
Market sensitivityBeta, 5 years
INDS 1.26REET 0.93

INDS and REET in the news

All news⁠

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