Do IHAK and PSWD hold the same stocks?

By their latest filings, 61% of their books are the same securities at the same weight, which is close to holding one of them twice. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, IHAK or PSWD?

IHAK has 17% of its weight in S&P 500 names and PSWD has 28%, so IHAK differs more from the index.

Which is cheaper, IHAK or PSWD?

IHAK charges 0.47% a year and PSWD charges 0.20%, so PSWD is cheaper. Fees come from each fund's prospectus.

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IHAK vs PSWD: which is really different?

IHAK and PSWD hold 61% of their weight in the same names, and PSWD returned +30.2% over the year. iShares Cybersecurity and Tech ETF and Xtrackers Cybersecurity Select Equity ETF.

17.1%

IHAK in the S&P 500

28.4%

PSWD in the S&P 500

+29.3%

IHAK total return, 1 year

+30.2%

PSWD total return, 1 year

IHAK · 1 year to Sep 30, 202683% of its weight is outside the S&P 500

17% of IHAK's weight is in S&P 500 companies and 83% is outside the index

PSWD · 1 year to Sep 30, 202672% of its weight is outside the S&P 500

28% of PSWD's weight is in S&P 500 companies and 72% is outside the index

ETFIQ Off-Index Score · IHAK scores higherHow much of it is not the index it is sold as an alternative to?

IHAK 64.5

PSWD 60.1

0.1, the lowest in this set92.0, the highest

A percentile among the 375 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it → How it is computed →

What they hold in common

By the books each fund has filed, IHAK and PSWD hold 61% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated May 29, 2026 and Sep 29, 2026.

50%

half

61% in common

Positions both hold, largest shared weight first

Holding IHAK PSWD

OKTA CLASS A 5.98% 6.13%

CROWDSTRIKE HOLDINGS CLASS A 5.42% 6.24%

PALO ALTO NETWORKS 4.94% 5.69%

SENTINELONE INC CLASS A 5.06% 4.37%

QUALYS 5.62% 4.29%

VARONIS SYSTEMS 4.99% 4.25%

FORTINET 4.21% 5.77%

ZSCALER 5.25% 3.85%

TENABLE HOLDINGS 4.35% 3.55%

CHECK POINT SOFTWARE TECHNOLOGIES 3.24% 3.21%

BLACKBERRY 3.20% 2.92%

AKAMAI TECHNOLOGIES INC 2.52% 4.60%

Only in IHAK

NETSKOPE CLASS A 5.40%

CACI INTERNATIONAL INC CLASS A 3.96%

SCIENCE APPLICATIONS INTERNATIONAL 3.88%

TREND MICRO 3.44%

BOOZ ALLEN HAMILTON HOLDING CLASS 3.04%

CALIX NETWORKS 2.57%

ACCTON TECHNOLOGY 2.47%

SAILPOINT 1.80%

Only in PSWD

RUBRIK INC 5.74%

NEXTDC LTD 4.81%

F5 INC 4.39%

TREND MICRO INC 3.78%

GDS HOLDINGS LTD 2.75%

FASTLY INC 2.03%

DATADOG INC 1.69%

VNET GROUP INC 1.28%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

61% of the two portfolios are the same securities at the same weight.

Performance, window by window

	Total return		vs the S&P 500		vs the Nasdaq-100
Window	IHAK	PSWD	IHAK	PSWD	IHAK	PSWD
3 months	+9.2%	+13.4%	+6.7 pts	+10.9 pts	+7.1 pts	+11.3 pts
6 months	+52.7%	+57.8%	+35.8 pts	+40.8 pts	+25.9 pts	+30.9 pts
1 year	+29.3%	+30.2%	+13.6 pts	+14.5 pts	+5.5 pts	+6.4 pts
3 years	+76.3%	+93.8%	−8.7 pts	+8.9 pts	−33.7 pts	−16.1 pts
Since launch IHAK Jun 2019 · PSWD Jul 2023	+173.5%	+92.0%	−20.5 pts	+15.4 pts	−149.2 pts	−6.7 pts

IHAK and PSWD over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

IHAK

iShares Cybersecurity and Tech ETF · Holds 50 stocks in cybersecurity, 17% of its weight in S&P 500 companies

PSWD

Xtrackers Cybersecurity Select Equity ETF · Holds 52 stocks in cybersecurity, 28% of its weight in S&P 500 companies

Issuer iShares Xtrackers

Theme Cybersecurity Cybersecurity

In the S&P 500 17.1% 28.4%

Active share vs the S&P 500 99.1% 98.9%

In the Nasdaq-100 19.8% 23.2%

Holdings 50 52

Top ten, share of the fund 51.2% 52.0%

Expense ratio 0.47% 0.20%

Fee for the differing part 0.47% 0.20%

Total return, 1 year +29.3% +30.2%

vs the S&P 500 +13.6 pts +14.5 pts

vs the Nasdaq-100 +5.5 pts +6.4 pts

Below its high −1.7% −2.3%

Net assets $1.2bn $6m

IHAK and PSWD on the same fields, as of Sep 30, 2026. Source: ETFIQ.

IHAK in plain words

By weight, 17% of IHAK's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 51% of the fund across 50 positions, as published by its issuer for Sep 29, 2026. Over the year to Sep 30, 2026 the fund returned +29.3% with distributions reinvested against +15.7% for the S&P 500, so a holder was ahead by 13.6 pts.

PSWD in plain words

By weight, 28% of PSWD's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 52% of the fund across 52 positions, as filed for May 29, 2026. Over the year to Sep 30, 2026 the fund returned +30.2% with distributions reinvested against +15.7% for the S&P 500, so a holder was ahead by 14.5 pts.

Questions people ask

Do IHAK and PSWD hold the same stocks?: By their latest filings, 61% of their books are the same securities at the same weight, which is close to holding one of them twice. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, IHAK or PSWD?: IHAK has 17% of its weight in S&P 500 names and PSWD has 28%, so IHAK differs more from the index.
Which is cheaper, IHAK or PSWD?: IHAK charges 0.47% a year and PSWD charges 0.20%, so PSWD is cheaper. Fees come from each fund's prospectus.

Other comparisons

IHAK vs BUG IHAK vs CIBR IHAK vs SPAM IHAK vs WCBR PSWD vs BUG PSWD vs CIBR PSWD vs SPAM PSWD vs WCBR

IHAK on its own →PSWD on its own →How every figure is computed →Standards and sources →

Where these figures came from

IHAK filings on SEC EDGAR ↗IHAK prospectus with the expense ratio (SEC) ↗iShares page for IHAK ↗PSWD filings on SEC EDGAR ↗PSWD prospectus with the expense ratio (SEC) ↗Xtrackers website ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, IHAK against PSWD, data as of Sep 30, 2026. https://etfiq.com/compare/themes/ihak-vs-pswd

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.