PSWD vs. IND

Last updated Aug 2, 2026

PSWD (Xtrackers Cybersecurity Select Equity ETF) and IND (Xtrackers Nifty 500 India ETF) are both exchange-traded funds - PSWD is a Technology Equities fund tracking the Solactive Cyber Security ESG Screened Index, while IND is a India Equities fund tracking the Nifty 500 Index. Both are passively managed. Their 0.25 correlation means their historical movements had little consistent relationship. PSWD charges 0.20%/yr vs 0.19%/yr for IND.

Performance

PSWD vs. IND - Performance Comparison

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

Returns By Period

In the year-to-date period, PSWD achieves a 26.31% return, which is significantly higher than IND's -7.85% return.

PSWD

• 1D: 1.28%
• 1M: -1.30%
• 6M: 26.74%
• YTD: 26.31%
• 1Y: 20.73%
• 3Y*: 17.15%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 18.24%

IND

• 1D: 0.23%
• 1M: -0.04%
• 6M: -3.74%
• YTD: -7.85%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
IND Xtrackers Nifty 500 India ETF	$7.17K	$11.24K	$22.32K
PSWD Xtrackers Cybersecurity Select Equity ETF	$62.12K	$66.88K	$71.33K

PSWD vs. IND - Yearly Performance Comparison

	2026 (YTD)	2025
PSWD Xtrackers Cybersecurity Select Equity ETF	26.31%	-2.79%
IND Xtrackers Nifty 500 India ETF	-7.85%	-0.34%

Correlation

The correlation between PSWD and IND is 0.25, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 25, 2025	0.25

Return for Risk

PSWD vs. IND — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PSWD

PSWD Risk / Return Rank: 27
PSWD Sharpe Ratio Rank: 28
PSWD Sortino Ratio Rank: 29
PSWD Omega Ratio Rank: 28
PSWD Calmar Ratio Rank: 26
PSWD Martin Ratio Rank: 23

IND

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PSWD vs. IND - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Cybersecurity Select Equity ETF (PSWD) and Xtrackers Nifty 500 India ETF (IND). 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	IND	Difference
Sharpe ratio: Return per unit of total volatility	0.69	—	—
Sortino ratio: Return per unit of downside risk	1.09	—	—
Omega ratio: Gain probability vs. loss probability	1.14	—	—
Calmar ratio: Return relative to maximum drawdown	0.79	—	—
Martin ratio: Return relative to average drawdown	1.78	—	—

Drawdowns

PSWD vs. IND - Drawdown Comparison

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

Drawdown Indicators

	PSWD	IND	Difference
Max Drawdown Largest peak-to-trough decline	-23.70%	-18.75%	-4.95%
Max Drawdown (1Y) Largest decline over 1 year	-23.70%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-23.70%	—	—
Current Drawdown Current decline from peak	-6.86%	-9.05%	+2.19%
Average Drawdown Average peak-to-trough decline	-6.43%	-8.05%	+1.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.55%	—	—

Volatility

Volatility by Period

	PSWD	IND	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.88%	—	—
Volatility (6M) Calculated over the trailing 6-month period	23.02%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	27.31%	18.75%	+8.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.05%	18.75%	+5.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.05%	18.75%	+5.30%

PSWD vs. IND - Expense Ratio Comparison

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

Dividends

PSWD vs. IND - Dividend Comparison

PSWD's dividend yield for the trailing twelve months is around 0.62%, more than IND's 0.34% yield.

Position	TTM	2025	2024	2023
IND Xtrackers Nifty 500 India ETF	0.34%	0.00%	0.00%	0.00%
PSWD Xtrackers Cybersecurity Select Equity ETF	0.62%	0.88%	1.49%	0.55%

Frequently Asked Questions

Can I hold both PSWD and IND in my portfolio?

PSWD and IND have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PSWD or IND?

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, PSWD or IND?

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

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

PSWD has the higher dividend yield at 0.62%, compared with 0.34% for IND.

What is the main difference between PSWD and IND?

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