Industrial Real Estate ETFs Show Mixed Results Amid Sector Volatility The Pacer Industrial Real Estate ETF (INDS) reported a year-to-date gain of 4.6% as of March 31, 2025, but its three-year performance remains negative at -4.34%. The broader FTSE Nareit All Equity REITs Index, meanwhile, posted a 2.75% YTD return and a stronger 9.23% over one year, highlighting ongoing sector uncertainty.123