CIBR.L vs. FCBR.L

Last updated Jun 4, 2026

CIBR.L (First Trust Nasdaq Cybersecurity UCITS ETF Class A USD Accumulation) and FCBR.L (First Trust Nasdaq Cybersecurity UCITS ETF Class A USD Accumulation) are both Technology Equities funds from First Trust tracking the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 5 years, CIBR.L returned 15.18%/yr vs 15.17%/yr for FCBR.L. With a 0.96 correlation, they move nearly in lockstep. Both charge a 0.60% expense ratio.

Performance

CIBR.L vs. FCBR.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Nasdaq Cybersecurity UCITS ETF Class A USD Accumulation (CIBR.L) and First Trust Nasdaq Cybersecurity UCITS ETF Class A USD Accumulation (FCBR.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CIBR.L is traded in USD, while FCBR.L is traded in GBp. To make them comparable, the FCBR.L values have been converted to USD using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with CIBR.L having a 28.36% return and FCBR.L slightly higher at 28.51%.

CIBR.L

• 1D: -0.54%
• 1M: 36.15%
• YTD: 28.36%
• 6M: 26.26%
• 1Y: 25.63%
• 3Y*: 26.43%
• 5Y*: 15.18%
• 10Y*: —

FCBR.L

• 1D: -0.58%
• 1M: 36.58%
• YTD: 28.51%
• 6M: 25.95%
• 1Y: 25.49%
• 3Y*: 26.48%
• 5Y*: 15.17%
• 10Y*: —

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

CIBR.L vs. FCBR.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
CIBR.L First Trust Nasdaq Cybersecurity UCITS ETF Class A USD Accumulation	28.36%	7.58%	18.96%	40.83%	-27.53%	19.58%	35.46%
FCBR.L First Trust Nasdaq Cybersecurity UCITS ETF Class A USD Accumulation	28.51%	7.48%	18.92%	40.01%	-27.54%	20.31%	35.13%

Correlation

The correlation between CIBR.L and FCBR.L is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.97
Correlation (All Time) Calculated using the full available price history since Jun 3, 2020	0.96

The correlation between CIBR.L and FCBR.L has been stable across timeframes, ranging from 0.96 to 0.97 - a consistent structural relationship.

CIBR.L vs. FCBR.L - Sectors Allocation Comparison

Sectors	CIBR.L	FCBR.L
Technology	95.6%	96.4%
Communication Services	2.6%	2.1%
Industrials	1.8%	1.5%
Basic Materials	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

CIBR.L vs. FCBR.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CIBR.L

CIBR.L Risk / Return Rank: 26
CIBR.L Sharpe Ratio Rank: 28
CIBR.L Sortino Ratio Rank: 28
CIBR.L Omega Ratio Rank: 30
CIBR.L Calmar Ratio Rank: 24
CIBR.L Martin Ratio Rank: 21

FCBR.L

FCBR.L Risk / Return Rank: 27
FCBR.L Sharpe Ratio Rank: 29
FCBR.L Sortino Ratio Rank: 29
FCBR.L Omega Ratio Rank: 32
FCBR.L Calmar Ratio Rank: 24
FCBR.L Martin Ratio Rank: 21

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CIBR.L vs. FCBR.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Cybersecurity UCITS ETF Class A USD Accumulation (CIBR.L) and First Trust Nasdaq Cybersecurity UCITS ETF Class A USD Accumulation (FCBR.L). 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.

	CIBR.L	FCBR.L	Difference
Sharpe ratio: Return per unit of total volatility	1.02	1.04	-0.01
Sortino ratio: Return per unit of downside risk	1.54	1.56	-0.02
Omega ratio: Gain probability vs. loss probability	1.21	1.21	0.00
Calmar ratio: Return relative to maximum drawdown	1.10	1.09	+0.01
Martin ratio: Return relative to average drawdown	2.54	2.54	0.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CIBR.L vs. FCBR.L - Sharpe Ratio Comparison

The current CIBR.L Sharpe Ratio is 1.02, which is comparable to the FCBR.L Sharpe Ratio of 1.04. The chart below compares the historical Sharpe Ratios of CIBR.L and FCBR.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CIBR.L	FCBR.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.02	1.04	-0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.63	0.64	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	0.79	-0.04

Drawdowns

CIBR.L vs. FCBR.L - Drawdown Comparison

The maximum CIBR.L drawdown since its inception was -33.69%, roughly equal to the maximum FCBR.L drawdown of -33.57%. Use the drawdown chart below to compare losses from any high point for CIBR.L and FCBR.L.

Drawdown Indicators

	CIBR.L	FCBR.L	Difference
Max Drawdown Largest peak-to-trough decline	-33.69%	-33.57%	-0.12%
Max Drawdown (1Y) Largest decline over 1 year	-23.23%	-23.25%	+0.02%
Max Drawdown (3Y) Largest decline over 3 years	-23.42%	-23.93%	+0.51%
Max Drawdown (5Y) Largest decline over 5 years	-33.69%	-33.57%	-0.12%
Current Drawdown Current decline from peak	-0.74%	-0.78%	+0.04%
Average Drawdown Average peak-to-trough decline	-10.62%	-10.44%	-0.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.05%	10.00%	+0.05%

Volatility

CIBR.L vs. FCBR.L - Volatility Comparison

First Trust Nasdaq Cybersecurity UCITS ETF Class A USD Accumulation (CIBR.L) has a higher volatility of 11.38% compared to First Trust Nasdaq Cybersecurity UCITS ETF Class A USD Accumulation (FCBR.L) at 10.67%. This indicates that CIBR.L's price experiences larger fluctuations and is considered to be riskier than FCBR.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CIBR.L	FCBR.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.38%	10.67%	+0.71%
Volatility (6M) Calculated over the trailing 6-month period	21.81%	21.30%	+0.51%
Volatility (1Y) Calculated over the trailing 1-year period	24.92%	24.54%	+0.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.15%	23.83%	+0.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.17%	23.71%	+0.46%

CIBR.L vs. FCBR.L - Expense Ratio Comparison

Both CIBR.L and FCBR.L have an expense ratio of 0.60%.

Dividends

CIBR.L vs. FCBR.L - Dividend Comparison

Neither CIBR.L nor FCBR.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both CIBR.L and FCBR.L in my portfolio?

With a correlation of 0.96, CIBR.L and FCBR.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, CIBR.L or FCBR.L?

Both ETFs have the same 0.60% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CIBR.L or FCBR.L?

CIBR.L and FCBR.L have the same expense ratio: 0.60% per year.

What is the main difference between CIBR.L and FCBR.L?

Both ETFs track MSCI World/Information Tech NR USD.