PSWD vs. ESTC
PSWD (Xtrackers Cybersecurity Select Equity ETF) is Technology Equities fund tracking the Solactive Cyber Security ESG Screened Index, while ESTC (Elastic N.V.) is a stock. Over the past 3 years, PSWD returned 20.08%/yr vs -3.68%/yr for ESTC. A 0.60 correlation means they provide meaningful diversification when combined.
Performance
PSWD vs. ESTC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PSWD achieves a 29.56% return, which is significantly higher than ESTC's -17.25% return.
PSWD
- 1D
- 0.34%
- 1M
- 12.87%
- 6M
- 25.45%
- YTD
- 29.56%
- 1Y
- 21.93%
- 3Y*
- 20.08%
- 5Y*
- —
- 10Y*
- —
ESTC
- 1D
- 3.64%
- 1M
- 3.45%
- 6M
- -18.59%
- YTD
- -17.25%
- 1Y
- -25.92%
- 3Y*
- -3.68%
- 5Y*
- -15.49%
- 10Y*
- —
PSWD vs. ESTC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
PSWD Xtrackers Cybersecurity Select Equity ETF | 29.56% | 1.69% | 9.46% | 18.58% |
ESTC Elastic N.V. | -17.25% | -23.86% | -12.09% | 59.25% |
Correlation
The correlation between PSWD and ESTC is 0.61, 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 | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2023 | 0.60 |
The correlation between PSWD and ESTC has been stable across timeframes, ranging from 0.60 to 0.61 - 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
PSWD vs. ESTC — Risk / Return Rank
PSWD
ESTC
PSWD vs. ESTC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Cybersecurity Select Equity ETF (PSWD) and Elastic N.V. (ESTC). 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.
| PSWD | ESTC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.34 | ||
| Sortino ratioReturn per unit of downside risk | +1.67 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 0.95 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.93 | -0.48 | +1.41 |
| Martin ratioReturn relative to average drawdown | 2.09 | -0.86 | +2.95 |
Loading charts...
Drawdowns
PSWD vs. ESTC - Drawdown Comparison
The maximum PSWD drawdown since its inception was -23.70%, smaller than the maximum ESTC drawdown of -76.82%. Use the drawdown chart below to compare losses from any high point for PSWD and ESTC.
Loading charts...
Drawdown Indicators
| PSWD | ESTC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.70% | -76.82% | +53.12% |
Max Drawdown (1Y)Largest decline over 1 year | -23.70% | -54.17% | +30.47% |
Max Drawdown (3Y)Largest decline over 3 years | -23.70% | -67.64% | +43.94% |
Max Drawdown (5Y)Largest decline over 5 years | — | -76.82% | — |
Current DrawdownCurrent decline from peak | -2.68% | -66.58% | +63.90% |
Average DrawdownAverage peak-to-trough decline | -6.44% | -40.27% | +33.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.51% | 30.09% | -19.58% |
Volatility
PSWD vs. ESTC - Volatility Comparison
The current volatility for Xtrackers Cybersecurity Select Equity ETF (PSWD) is 8.09%, while Elastic N.V. (ESTC) has a volatility of 13.82%. This indicates that PSWD experiences smaller price fluctuations and is considered to be less risky than ESTC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PSWD | ESTC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.09% | 13.82% | -5.73% |
Volatility (6M)Calculated over the trailing 6-month period | 22.60% | 42.06% | -19.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.55% | 51.70% | -25.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.92% | 59.17% | -35.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.92% | 57.78% | -33.86% |
Dividends
PSWD vs. ESTC - Dividend Comparison
PSWD's dividend yield for the trailing twelve months is around 0.60%, while ESTC has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
ESTC Elastic N.V. | 0.00% | 0.00% | 0.00% | 0.00% |
PSWD Xtrackers Cybersecurity Select Equity ETF | 0.60% | 0.88% | 1.49% | 0.55% |
Frequently Asked Questions
PSWD and ESTC have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ESTC has higher volatility (13.82%) compared to PSWD (8.09%). In terms of maximum drawdown, PSWD dropped -23.70% vs ESTC's -76.82%.
PSWD currently has the higher Sharpe Ratio (0.83 vs -0.50), 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 PSWD and ESTC
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