Analysis

Key stats

About Xtrackers Cybersecurity Select Equity ETF

PSWD targets ESG companies in the global cybersecurity industry. The selection process starts with an initial universe of global equities from all capitalizations. Eligible firms must meet size and liquidity requirements and have business exposure in these industries: a) carrier edge network management equipment, b) customer premises network security equipment, c) colocation and data center services, d) government IT services, e) network security access policy software, and f) network security software, as classified by FactSet RBICS. Securities listed in China, Egypt, India, Pakistan, or Russia are excluded. The index then applies ESG screens to remove companies that are non-compliant with the UNGC principles, have an ESG risk score of 40 or higher, and are involved in controversial and conventional weapons, tobacco, thermal coal, and oil and gas. From the remaining list, the largest 50 stocks are selected and weighted by market cap, subject to a maximum weight of 4.5% for each security.