PSWD vs XA: Grades, Fees and Holdings Compared

Xtrackers Cybersecurity Select Equity ETF

PSWDBNasdaq

Corgi AI Cybersecurity ETF

XABCboe

Overlap

56.3%by weight

Expense ratio

PSWD −0.15pt a year

PSWD0.20%XA0.35%

Avg volume · 30D

XA 2.7×the volume

PSWD2.13KXA5.65K

PSWD vs XA Performance

Jul 31, 2026 – Oct 30, 2026

+13.0%PSWD+21.2%XA

Expense ratio: PSWD 0.20%, better; XA 0.35%
Fund size: PSWD $6M; XA $8M
1Y total return: PSWD +30.8%; XA No data
Yield (12M): PSWD 0.58%; XA No data
Holdings: PSWD 50; XA 27
Avg volume (30D): PSWD 2.13K sh; XA 5.65K sh, better
NAV per share: PSWD $47.02; XA $44.44
52W range

ETF.net Grade

Pillar letters and Scores for PSWD, XA, with each pillar’s weight
Pillar	PSWD	XA
Cost30% weight	A94Higher	A79
Mission25% weight	A78	Not scored
Risk15% weight	C46	A77Higher
Tradability15% weight	F11	D29Higher
Holdings10% weight	B63Higher	D39
Durability5% weight	D27Higher	F14

Rank among Cybersecurity funds

How we build Categories ›

Same Category. PSWD and XA are both graded against the same 8 Cybersecurity funds, so their Grades compare head to head.

Cybersecurity⁠

Category · 8 funds

See all 8 ›

PSWD ranks 2nd and XA 3rd of 8 funds in the Cybersecurity Category.

Rank 1BIHAKiShares Cybersecurity and Tech ETFScore 64
Rank 2BPSWDXtrackers Cybersecurity Select Equity ETFScore 59
Rank 3BXACorgi AI Cybersecurity ETFScore 58
Rank 4BCIBRFirst Trust Nasdaq Cybersecurity ETFScore 57

Our read on each fund

ETF.net Research

PSWDBXtrackers Cybersecurity Select Equity ETF

XABCorgi AI Cybersecurity ETF

In short

PSWD Cybersecurity at a discount: PSWD charges 0.20% for a focused basket of about 50 security names, well under half the typical fee in its category. The trade-off is scale, not strategy: it's a small 2023 launch.

XA No data

Stated mandate

PSWD The fund seeks to track, before fees and expenses, the performance of the Solactive Cyber Security ESG Screened Index.

XA No data

Why people hold it

PSWD Fee leader in the theme: 0.20% a year, against 0.47% for IHAK, 0.58% for CIBR and 0.60% for HACK. The category median sits at 0.50%.
Pure-play and disciplined: roughly 50 cybersecurity companies drawn from a rules-based Solactive index, and the portfolio has tracked that benchmark closely.
Runs on Xtrackers plumbing, the ETF arm of DWS, rather than a one-fund boutique.dws.com

XA No data

Worth knowing

PSWD Small asset base and light trading volume. Spreads can run wider than at the category's household names, which matters most on larger orders.
The screen is not permanent: Xtrackers filed to drop the index's ESG screen and rename it the Solactive Cyber Security Focus Index.sec.gov
One theme, about 50 holdings, non-diversified by design. Expect sharper swings than a broad technology fund.

XA No data

Full PSWD profile⁠

Full XA profile⁠

PSWD vs XA Holdings

How PSWD and XA differ

Overlap by weight

56.3%

Shared holdings make up 77.3% of XA and 66.9% of PSWD.

Level by level

Holdings21 in both56.3%
Countryby domicile85.9%
Sector5 Sectors91.0%
Asset classEquity100%

Sector

Sector weights in PSWD and XA, widest gap first
Sector	More in PSWDMore in XA	PSWD	XA
Technology	XA +9.0 points	91.0%	100.0%
Industrials	PSWD +5.2 points	5.2%	0.0%
Communication	PSWD +3.3 points	3.3%	0.0%
Real Estate	PSWD +0.2 points	0.2%	0.0%
Financials	PSWD +0.2 points	0.2%	0.0%

Country, concentration and asset class

Country by domicile

Country weights in PSWD and XA, widest gap first
Country	More in PSWDMore in XA	PSWD	XA
United States	XA +13.7 points	80.9%	94.6%
Japan	PSWD +4.0 points	4.0%	0.0%
Canada	PSWD +3.2 points	3.2%	0.0%
Australia	PSWD +1.8 points	1.8%	0.0%
China	PSWD +1.8 points	1.8%	0.0%
Denmark	PSWD +1.1 points	1.1%	0.0%
Israel	PSWD +0.7 points	5.3%	4.6%
Germany	PSWD +0.7 points	0.7%	0.0%
Other countries (6)	PSWD +0.3 points	1.2%	0.9%

Concentration

Weight in the 10 largest Holdings

PSWD54.4%
XA60.0%

Securities held

PSWD49
XA27

Asset class

PSWD: Equity
XA: Equity

Holdings

Only in PSWD28
In both21
Only in XA6

Only in PSWD

28 securities, 32.7% of PSWD by weight

Booz Allen Hamilton5.81%
Check Point Software Technologies Ltd4.58%
Trend Micro Inc3.46%
Yandex N.V. Cl A2.94%
BlackBerry Ltd2.90%
Coreweave Inc USD 0.00012.51%
Fastly Inc - Class A2.08%
Nextdc1.80%
GDS Holdings Ltd - P1.50%
Netcompany Group As1.09%
TeamViewer AG0.69%
Al Moammar Information Systems Co0.63%
Ncc Group0.35%
21VIANET Group Inc USD 0.00001 Adr0.33%
Ahnlab Inc0.33%
SUNeVision Holdings Ltd0.23%
Digital Arts Inc0.22%
N-Able Inc0.20%
Bit Digital Inc Usd 0.010.17%
Global Security Experts Inc0.17%
Allot Ltd0.13%
Hennge Kk0.13%
Gorilla Technology Group Usd 0.0010.11%
Btq Technologies Corp Npv0.11%
Change Hldgs Inc0.11%
Whitefiber Inc Usd 0.010.06%
My Eg Services0.05%
Sinergi Inti Andalan Prima Idr 10.00.05%

Only in XA

6 securities, 22.7% of XA by weight

First American Government Obligations Fund 12/01/20314.77%
Elastic NV4.12%
Cloudflare Inc3.79%
Gen Digital Inc3.72%
Datadog Inc3.43%
Check Point Software Technologies Ltd2.88%

Weight gaps

All 21 Holdings in both funds, largest gap first.

Holding weights in PSWD and XA, widest gap first
Holding	More in PSWDMore in XA	PSWD	XA
Palo Alto NetworksPANW	XA +6.42 points	4.71%	11.13%
Crowdstrike Holdings IncCRWD	XA +5.35 points	5.41%	10.76%
Sentinelone IncS	PSWD +3.73 points	4.79%	1.06%
Zscaler IncZS	PSWD +2.12 points	6.83%	4.71%
CACI International Inc-CL ACACI	PSWD +1.98 points	5.63%	3.65%
Rapid7RPD	XA +1.72 points	0.66%	2.38%
Onespan IncOSPN	XA +1.57 points	0.52%	2.09%
Sailpoint Inc Usd 0.0001SAIL	XA +1.39 points	0.70%	2.09%
Netspoke, Inc. USD 0.0001NTSK	PSWD +1.02 points	2.57%	1.55%
Radware (Usd)RDWR	XA +0.89 points	0.64%	1.53%
Telos CorporationTLS	XA +0.83 points	0.18%	1.01%
Fortinet IncFTNT	XA +0.83 points	3.58%	4.41%
Rubrik, Inc. - A ClassRBRK	PSWD +0.81 points	6.06%	5.25%
Arqit Quantum Inc Usd 0.0025ARQQ	XA +0.65 points	0.11%	0.76%
OktaOKTA	XA +0.64 points	5.85%	6.49%
Tenable Holdings IncTENB	XA +0.45 points	3.32%	3.77%
Akamai Technologies IncAKAM	PSWD +0.39 points	3.02%	2.63%
F5 Networks IncFFIV	PSWD +0.28 points	3.33%	3.05%
A10 Networks IncATEN	XA +0.23 points	1.03%	1.26%
Qualys IncQLYS	PSWD +0.17 points	4.71%	4.54%
Varonis Systems IncVRNS	PSWD +0.12 points	3.31%	3.19%

All 49 PSWD holdings⁠All 30 XA holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

PSWD vs XA Cost

Overpaying XA vs PSWD

$2,971

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

PSWD 0.20%
$4,155
XA 0.35%
$7,126

Amount$10,000

Years30 years

Cost over time

PSWD 0.20%
XA 0.35%
Overpaying

Year by year

Year	PSWD	XA	Overpaying
10	$365	$634	$269
20	$1,421	$2,454	$1,033
30	$4,155	$7,126	$2,971

Expense ratio

0.20%PSWD, cheaper
0.35%XA

PSWD0.20%XA0.35%

0.20%0.60%

Middle half of Cybersecurity funds
Median 0.46%

PSWD cheapest of 8 funds

XA 2nd cheapest of 8 funds

PSWD vs XA Dividends

Last 12 months to Oct 30, 2026

Yield (12M): PSWD 0.58%; XA No data
Payout (12M): PSWD $0.27; XA None
Last payment: PSWD $0.04; XA No data
Ex-dividend: PSWD Sep 18, 2026; XA No data
Paid on: PSWD Sep 25, 2026; XA No data
Frequency: PSWD Irregular; XA No data

Distribution history

Per share, 2023 to 2026, same scale for both

PSWDIrregular · 12 paymentsAll PSWD payments⁠

XAAll XA payments⁠

No distribution history available.

PSWD vs XA Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: PSWD 21.8%XA No data
Return per unit of riskSharpe ratio, 3 years: PSWD 0.96XA No data
Worst fallMax drawdown, 5 years: PSWD −23.7%since Jul 2023XA No data
Market sensitivityBeta, 5 years: PSWD 1.06XA 2.73; Market = 1

PSWD and XA in the news

All news⁠

ETF Filings
Roundhill files for an active cybersecurity ETF filing, and the fee is still blank
14 hours agoXA

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PSWD vs XA

In short

Stated mandate

Why people hold it

Worth knowing

How PSWD and XA differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in PSWD

Only in XA

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Roundhill files for an active cybersecurity ETF filing, and the fee is still blank

How PSWD and XA differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in PSWD

Only in XA

Weight gaps