XXX vs. DWAT

Last updated Jun 4, 2026

XXX (CYBER HORNET S&P 500 and XRP 75/25 Strategy ETF) and DWAT (Arrow DWA Tactical: Macro ETF) are both Tactical Allocation funds. XXX is passively managed, while DWAT is actively managed. XXX charges 0.95%/yr vs 1.83%/yr for DWAT.

Performance

XXX vs. DWAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CYBER HORNET S&P 500 and XRP 75/25 Strategy ETF (XXX) and Arrow DWA Tactical: Macro ETF (DWAT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XXX

• 1D: -0.93%
• 1M: 0.29%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DWAT

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XXX vs. DWAT - Yearly Performance Comparison

	2026 (YTD)
XXX CYBER HORNET S&P 500 and XRP 75/25 Strategy ETF	2.42%
DWAT Arrow DWA Tactical: Macro ETF	0.00%

Return for Risk

XXX vs. DWAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CYBER HORNET S&P 500 and XRP 75/25 Strategy ETF (XXX) and Arrow DWA Tactical: Macro ETF (DWAT). 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

	XXX	DWAT	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.29	—	—

Drawdowns

XXX vs. DWAT - Drawdown Comparison

The maximum XXX drawdown since its inception was -12.88%, which is greater than DWAT's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for XXX and DWAT.

Drawdown Indicators

	XXX	DWAT	Difference
Max Drawdown Largest peak-to-trough decline	-12.88%	0.00%	-12.88%
Current Drawdown Current decline from peak	-4.80%	0.00%	-4.80%
Average Drawdown Average peak-to-trough decline	-5.27%	0.00%	-5.27%

Volatility

Volatility by Period

	XXX	DWAT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	23.35%	0.00%	+23.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.35%	0.00%	+23.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.35%	0.00%	+23.35%

XXX vs. DWAT - Expense Ratio Comparison

XXX has a 0.95% expense ratio, which is lower than DWAT's 1.83% expense ratio.

Dividends

XXX vs. DWAT - Dividend Comparison

XXX's dividend yield for the trailing twelve months is around 0.06%, while DWAT has not paid dividends to shareholders.

Position	TTM
DWAT Arrow DWA Tactical: Macro ETF	0.00%
XXX CYBER HORNET S&P 500 and XRP 75/25 Strategy ETF	0.06%

Frequently Asked Questions

Which ETF is better, XXX or DWAT?

On fees, XXX is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XXX or DWAT?

XXX is cheaper with a 0.95% expense ratio, compared with 1.83% for DWAT.

Which ETF pays a higher dividend yield, XXX or DWAT?

XXX has the higher dividend yield at 0.06%, compared with 0.00% for DWAT.

What is the main difference between XXX and DWAT?

They also come from different issuers: Cyber Hornet and Arrow Funds. Their fees differ too: 0.95% for XXX and 1.83% for DWAT.