PSWD vs. TDV

Last updated Jun 4, 2026

PSWD (Xtrackers Cybersecurity Select Equity ETF) and TDV (ProShares S&P Technology Dividend Aristocrats ETF) are both Technology Equities funds - PSWD tracks the Solactive Cyber Security ESG Screened Index while TDV tracks the Zacks 2040 Lifecycle Index. Both are passively managed. Over the past year, PSWD returned 15.26% vs 36.07% for TDV. A 0.63 correlation means they provide meaningful diversification when combined. PSWD charges 0.20%/yr vs 0.66%/yr for TDV.

Performance

PSWD vs. TDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers Cybersecurity Select Equity ETF (PSWD) and ProShares S&P Technology Dividend Aristocrats ETF (TDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with PSWD having a 22.48% return and TDV slightly higher at 23.09%.

PSWD

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

TDV

• 1D: -0.42%
• 1M: 10.03%
• YTD: 23.09%
• 6M: 21.07%
• 1Y: 36.07%
• 3Y*: 20.49%
• 5Y*: 13.94%
• 10Y*: —

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

PSWD vs. TDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
PSWD Xtrackers Cybersecurity Select Equity ETF	22.48%	1.69%	9.46%	18.58%
TDV ProShares S&P Technology Dividend Aristocrats ETF	23.09%	16.05%	9.72%	4.23%

Correlation

The correlation between PSWD and TDV is 0.56, 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	0.56
Correlation (All Time) Calculated using the full available price history since Jul 14, 2023	0.63

The correlation between PSWD and TDV has been stable across timeframes, ranging from 0.56 to 0.63 - a consistent structural relationship.

PSWD vs. TDV - Sectors Allocation Comparison

Sectors	PSWD	TDV
Technology	98.3%	90.2%
Real Estate	0.9%	-
Industrials	0.5%	5.1%
Financial Services	0.1%	4.7%
Communication Services	0.1%	-
Consumer Cyclical	0.1%	-
Healthcare	0.1%	-
Consumer Defensive	0.0%	-
Energy	0.0%	-
Basic Materials	0.0%	-
Utilities	0.0%	-

Return for Risk

PSWD vs. TDV — 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

TDV

TDV Risk / Return Rank: 65
TDV Sharpe Ratio Rank: 61
TDV Sortino Ratio Rank: 59
TDV Omega Ratio Rank: 58
TDV Calmar Ratio Rank: 75
TDV Martin Ratio Rank: 70

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.

PSWD vs. TDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Cybersecurity Select Equity ETF (PSWD) and ProShares S&P Technology Dividend Aristocrats ETF (TDV). 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.

	PSWD	TDV	Difference
Sharpe ratio: Return per unit of total volatility	0.60	2.10	-1.50
Sortino ratio: Return per unit of downside risk	0.95	2.84	-1.89
Omega ratio: Gain probability vs. loss probability	1.12	1.36	-0.24
Calmar ratio: Return relative to maximum drawdown	0.65	3.79	-3.15
Martin ratio: Return relative to average drawdown	1.47	13.11	-11.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PSWD vs. TDV - Sharpe Ratio Comparison

The current PSWD Sharpe Ratio is 0.60, which is lower than the TDV Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of PSWD and TDV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PSWD	TDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.60	2.10	-1.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.69	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.77	0.76	+0.01

Drawdowns

PSWD vs. TDV - Drawdown Comparison

The maximum PSWD drawdown since its inception was -23.70%, smaller than the maximum TDV drawdown of -32.78%. Use the drawdown chart below to compare losses from any high point for PSWD and TDV.

Drawdown Indicators

	PSWD	TDV	Difference
Max Drawdown Largest peak-to-trough decline	-23.70%	-32.78%	+9.08%
Max Drawdown (1Y) Largest decline over 1 year	-23.70%	-9.55%	-14.15%
Max Drawdown (3Y) Largest decline over 3 years	—	-22.51%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.11%	—
Current Drawdown Current decline from peak	-3.32%	-0.42%	-2.90%
Average Drawdown Average peak-to-trough decline	-6.46%	-5.36%	-1.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.38%	2.76%	+7.62%

Volatility

PSWD vs. TDV - Volatility Comparison

Xtrackers Cybersecurity Select Equity ETF (PSWD) has a higher volatility of 11.00% compared to ProShares S&P Technology Dividend Aristocrats ETF (TDV) at 5.07%. This indicates that PSWD's price experiences larger fluctuations and is considered to be riskier than TDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSWD	TDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.00%	5.07%	+5.93%
Volatility (6M) Calculated over the trailing 6-month period	20.87%	12.72%	+8.15%
Volatility (1Y) Calculated over the trailing 1-year period	25.46%	17.29%	+8.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.68%	20.45%	+3.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.68%	23.20%	+0.48%

PSWD vs. TDV - Expense Ratio Comparison

PSWD has a 0.20% expense ratio, which is lower than TDV's 0.66% expense ratio.

Dividends

PSWD vs. TDV - Dividend Comparison

PSWD's dividend yield for the trailing twelve months is around 0.72%, less than TDV's 0.93% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
PSWD Xtrackers Cybersecurity Select Equity ETF	0.72%	0.88%	1.49%	0.55%	0.00%	0.00%	0.00%	0.00%
TDV ProShares S&P Technology Dividend Aristocrats ETF	0.93%	1.09%	1.16%	1.16%	1.67%	1.08%	1.10%	0.11%

Frequently Asked Questions

Can I hold both PSWD and TDV in my portfolio?

PSWD and TDV have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PSWD or TDV?

PSWD has higher volatility (11.00%) compared to TDV (5.07%). In terms of maximum drawdown, PSWD dropped -23.70% vs TDV's -32.78%.

Which ETF is better, PSWD or TDV?

On 1-year performance, TDV leads with 36.07% vs 15.26% for PSWD. On fees, PSWD is cheaper at 0.20% per year. On volatility, TDV has been the lower-risk option at 5.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PSWD or TDV?

Over the 1-year period, TDV has performed better with a 36.07% return vs 15.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PSWD or TDV?

PSWD is cheaper with a 0.20% expense ratio, compared with 0.66% for TDV.

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

TDV has the higher dividend yield at 0.93%, compared with 0.72% for PSWD.

What is the main difference between PSWD and TDV?

PSWD tracks Solactive Cyber Security ESG Screened Index, while TDV tracks Zacks 2040 Lifecycle Index. They also come from different issuers: Xtrackers and ProShares. Their fees differ too: 0.20% for PSWD and 0.66% for TDV.

Which has better risk-adjusted returns?

TDV currently has the higher Sharpe Ratio (2.10 vs 0.60), 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.