IND vs. PSWD

Last updated Jun 4, 2026

IND (Xtrackers Nifty 500 India ETF) and PSWD (Xtrackers Cybersecurity Select Equity ETF) are both exchange-traded funds - IND is a Asia Pacific Equities fund tracking the Nifty 500 Index, while PSWD is a Technology Equities fund tracking the Solactive Cyber Security ESG Screened Index. Both are passively managed. At a 0.27 correlation, their price movements are largely independent. IND charges 0.19%/yr vs 0.20%/yr for PSWD.

Performance

IND vs. PSWD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers Nifty 500 India ETF (IND) and Xtrackers Cybersecurity Select Equity ETF (PSWD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IND achieves a -11.42% return, which is significantly lower than PSWD's 22.48% return.

IND

• 1D: -0.72%
• 1M: -0.79%
• YTD: -11.42%
• 6M: -10.30%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PSWD

• 1D: -3.24%
• 1M: 22.87%
• YTD: 22.48%
• 6M: 16.89%
• 1Y: 15.26%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IND vs. PSWD - Yearly Performance Comparison

	2026 (YTD)	2025
IND Xtrackers Nifty 500 India ETF	-11.42%	-1.11%
PSWD Xtrackers Cybersecurity Select Equity ETF	22.48%	-4.34%

Correlation

The correlation between IND and PSWD is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 26, 2025	0.27

Return for Risk

IND vs. PSWD — Risk / Return Rank

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

PSWD

PSWD Risk / Return Rank: 18
PSWD Sharpe Ratio Rank: 19
PSWD Sortino Ratio Rank: 18
PSWD Omega Ratio Rank: 19
PSWD Calmar Ratio Rank: 17
PSWD Martin Ratio Rank: 16

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.

IND vs. PSWD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Nifty 500 India ETF (IND) and Xtrackers Cybersecurity Select Equity ETF (PSWD). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	IND	PSWD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.60	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.13	0.77	-1.90

Drawdowns

IND vs. PSWD - Drawdown Comparison

The maximum IND drawdown since its inception was -18.75%, smaller than the maximum PSWD drawdown of -23.70%. Use the drawdown chart below to compare losses from any high point for IND and PSWD.

Drawdown Indicators

	IND	PSWD	Difference
Max Drawdown Largest peak-to-trough decline	-18.75%	-23.70%	+4.95%
Max Drawdown (1Y) Largest decline over 1 year	—	-23.70%	—
Current Drawdown Current decline from peak	-12.57%	-3.32%	-9.25%
Average Drawdown Average peak-to-trough decline	-7.47%	-6.46%	-1.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.38%	—

Volatility

Volatility by Period

	IND	PSWD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.00%	—
Volatility (6M) Calculated over the trailing 6-month period	—	20.87%	—
Volatility (1Y) Calculated over the trailing 1-year period	20.26%	25.46%	-5.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.26%	23.68%	-3.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.26%	23.68%	-3.42%

IND vs. PSWD - Expense Ratio Comparison

IND has a 0.19% expense ratio, which is lower than PSWD's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

IND vs. PSWD - Dividend Comparison

IND has not paid dividends to shareholders, while PSWD's dividend yield for the trailing twelve months is around 0.72%.

Position	TTM	2025	2024	2023
IND Xtrackers Nifty 500 India ETF	0.00%	0.00%	0.00%	0.00%
PSWD Xtrackers Cybersecurity Select Equity ETF	0.72%	0.88%	1.49%	0.55%

Frequently Asked Questions

Can I hold both IND and PSWD in my portfolio?

IND and PSWD have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IND or PSWD?

On fees, IND is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IND or PSWD?

IND is cheaper with a 0.19% expense ratio, compared with 0.20% for PSWD.

Which ETF pays a higher dividend yield, IND or PSWD?

PSWD has the higher dividend yield at 0.72%, compared with 0.00% for IND.

What is the main difference between IND and PSWD?

IND is categorized as Asia Pacific Equities, while PSWD is Technology Equities. IND tracks Nifty 500 Index, while PSWD tracks Solactive Cyber Security ESG Screened Index. Their fees differ too: 0.19% for IND and 0.20% for PSWD.