PSWD vs. TSXU

Last updated Jun 4, 2026

PSWD (Xtrackers Cybersecurity Select Equity ETF) and TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) are both exchange-traded funds - PSWD is a Technology Equities fund tracking the Solactive Cyber Security ESG Screened Index, while TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x). Both are passively managed. At a 0.34 correlation, their price movements are largely independent. PSWD charges 0.20%/yr vs 1.05%/yr for TSXU.

Performance

PSWD vs. TSXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers Cybersecurity Select Equity ETF (PSWD) and Direxion Daily Semiconductors Top 5 Bull 2X Shares (TSXU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PSWD achieves a 22.48% return, which is significantly lower than TSXU's 141.91% return.

PSWD

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

TSXU

• 1D: -0.92%
• 1M: 66.50%
• YTD: 141.91%
• 6M: 130.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PSWD vs. TSXU - Yearly Performance Comparison

	2026 (YTD)	2025
PSWD Xtrackers Cybersecurity Select Equity ETF	22.48%	-10.82%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	141.91%	13.59%

Correlation

The correlation between PSWD and TSXU is 0.34, 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 Oct 2, 2025	0.34

Return for Risk

PSWD vs. TSXU — 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.

PSWD vs. TSXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Cybersecurity Select Equity ETF (PSWD) and Direxion Daily Semiconductors Top 5 Bull 2X Shares (TSXU). 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	TSXU	Difference
Sharpe ratio: Return per unit of total volatility	0.60	—	—
Sortino ratio: Return per unit of downside risk	0.95	—	—
Omega ratio: Gain probability vs. loss probability	1.12	—	—
Calmar ratio: Return relative to maximum drawdown	0.65	—	—
Martin ratio: Return relative to average drawdown	1.47	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	PSWD	TSXU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.60	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.77	4.53	-3.76

Drawdowns

PSWD vs. TSXU - Drawdown Comparison

The maximum PSWD drawdown since its inception was -23.70%, smaller than the maximum TSXU drawdown of -35.62%. Use the drawdown chart below to compare losses from any high point for PSWD and TSXU.

Drawdown Indicators

	PSWD	TSXU	Difference
Max Drawdown Largest peak-to-trough decline	-23.70%	-35.62%	+11.92%
Max Drawdown (1Y) Largest decline over 1 year	-23.70%	—	—
Current Drawdown Current decline from peak	-3.32%	-0.92%	-2.40%
Average Drawdown Average peak-to-trough decline	-6.46%	-10.56%	+4.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.38%	—	—

Volatility

Volatility by Period

	PSWD	TSXU	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	25.46%	78.68%	-53.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.68%	78.68%	-55.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.68%	78.68%	-55.00%

PSWD vs. TSXU - Expense Ratio Comparison

PSWD has a 0.20% expense ratio, which is lower than TSXU's 1.05% expense ratio.

Dividends

PSWD vs. TSXU - Dividend Comparison

PSWD's dividend yield for the trailing twelve months is around 0.72%, less than TSXU's 1.20% yield.

Position	TTM	2025	2024	2023
PSWD Xtrackers Cybersecurity Select Equity ETF	0.72%	0.88%	1.49%	0.55%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	1.20%	2.54%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PSWD and TSXU in my portfolio?

PSWD and TSXU have a correlation of 0.34, 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 TSXU?

On fees, PSWD is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PSWD or TSXU?

PSWD is cheaper with a 0.20% expense ratio, compared with 1.05% for TSXU.

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

TSXU has the higher dividend yield at 1.20%, compared with 0.72% for PSWD.

What is the main difference between PSWD and TSXU?

PSWD is categorized as Technology Equities, while TSXU is Leveraged Equities. PSWD tracks Solactive Cyber Security ESG Screened Index, while TSXU tracks Solactive Semiconductor Top 5 Index (2x). They also come from different issuers: Xtrackers and Direxion. Their fees differ too: 0.20% for PSWD and 1.05% for TSXU.