CBRS.DE vs. SPYK.DE
CBRS.DE (First Trust Nasdaq Cybersecurity UCITS ETF Acc) and SPYK.DE (SPDR MSCI Europe Technology UCITS ETF) are both Technology Equities funds - CBRS.DE tracks the Nasdaq CTA Cybersecurity while SPYK.DE tracks the MSCI Europe Information Technology 20/35 Capped. Both are passively managed. Over the past 5 years, CBRS.DE returned 14.95%/yr vs 11.39%/yr for SPYK.DE. A 0.57 correlation means they provide meaningful diversification when combined. CBRS.DE charges 0.60%/yr vs 0.18%/yr for SPYK.DE.
Performance
CBRS.DE vs. SPYK.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with CBRS.DE having a 35.43% return and SPYK.DE slightly lower at 34.27%.
CBRS.DE
- 1D
- 0.00%
- 1M
- 12.15%
- 6M
- 35.86%
- YTD
- 35.43%
- 1Y
- 30.95%
- 3Y*
- 25.22%
- 5Y*
- 14.95%
- 10Y*
- —
SPYK.DE
- 1D
- -1.65%
- 1M
- -9.58%
- 6M
- 24.38%
- YTD
- 34.27%
- 1Y
- 43.28%
- 3Y*
- 19.27%
- 5Y*
- 11.39%
- 10Y*
- 15.07%
CBRS.DE vs. SPYK.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
CBRS.DE First Trust Nasdaq Cybersecurity UCITS ETF Acc | 35.43% | -3.73% | 25.69% | 36.29% | -23.65% | 31.09% | 16.59% |
SPYK.DE SPDR MSCI Europe Technology UCITS ETF | 34.27% | 10.46% | 8.46% | 35.03% | -28.76% | 36.64% | 5.78% |
Correlation
The correlation between CBRS.DE and SPYK.DE is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Oct 9, 2020 | 0.57 |
The correlation between CBRS.DE and SPYK.DE shifts across timeframes, from 0.41 (1 year) to 0.57 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CBRS.DE vs. SPYK.DE — Risk / Return Rank
CBRS.DE
SPYK.DE
CBRS.DE vs. SPYK.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Cybersecurity UCITS ETF Acc (CBRS.DE) and SPDR MSCI Europe Technology UCITS ETF (SPYK.DE). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CBRS.DE | SPYK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.40 | ||
| Sortino ratioReturn per unit of downside risk | -0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.26 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.30 | 3.75 | -2.45 |
| Martin ratioReturn relative to average drawdown | 2.99 | 9.13 | -6.14 |
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Drawdowns
CBRS.DE vs. SPYK.DE - Drawdown Comparison
The maximum CBRS.DE drawdown since its inception was -28.84%, smaller than the maximum SPYK.DE drawdown of -38.45%. Use the drawdown chart below to compare losses from any high point for CBRS.DE and SPYK.DE.
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Drawdown Indicators
| CBRS.DE | SPYK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.84% | -38.45% | +9.61% |
Max Drawdown (1Y)Largest decline over 1 year | -23.94% | -11.48% | -12.46% |
Max Drawdown (3Y)Largest decline over 3 years | -28.84% | -27.02% | -1.82% |
Max Drawdown (5Y)Largest decline over 5 years | -28.84% | -38.45% | +9.61% |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.45% | — |
Current DrawdownCurrent decline from peak | 0.00% | -10.62% | +10.62% |
Average DrawdownAverage peak-to-trough decline | -10.24% | -8.54% | -1.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.39% | 4.73% | +5.66% |
Volatility
CBRS.DE vs. SPYK.DE - Volatility Comparison
The current volatility for First Trust Nasdaq Cybersecurity UCITS ETF Acc (CBRS.DE) is 8.30%, while SPDR MSCI Europe Technology UCITS ETF (SPYK.DE) has a volatility of 10.31%. This indicates that CBRS.DE experiences smaller price fluctuations and is considered to be less risky than SPYK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CBRS.DE | SPYK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.30% | 10.31% | -2.01% |
Volatility (6M)Calculated over the trailing 6-month period | 23.80% | 22.72% | +1.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.31% | 28.01% | -0.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.89% | 26.29% | -2.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.53% | 24.28% | -0.75% |
CBRS.DE vs. SPYK.DE - Expense Ratio Comparison
CBRS.DE has a 0.60% expense ratio, which is higher than SPYK.DE's 0.18% expense ratio.
Dividends
CBRS.DE vs. SPYK.DE - Dividend Comparison
Neither CBRS.DE nor SPYK.DE has paid dividends to shareholders.
Frequently Asked Questions
CBRS.DE and SPYK.DE have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPYK.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPYK.DE is cheaper with a 0.18% expense ratio, compared with 0.60% for CBRS.DE.
CBRS.DE tracks Nasdaq CTA Cybersecurity, while SPYK.DE tracks MSCI Europe Information Technology 20/35 Capped. They also come from different issuers: First Trust and State Street. Their fees differ too: 0.60% for CBRS.DE and 0.18% for SPYK.DE.
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