CIBR.L vs. FTEU.L

Last updated Jun 4, 2026

CIBR.L (First Trust Nasdaq Cybersecurity UCITS ETF Class A USD Accumulation) and FTEU.L (First Trust Eurozone AlphaDEX® UCITS ETF Class A Shares) are both exchange-traded funds - CIBR.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD, while FTEU.L is a Europe Equities fund tracking the MSCI EMU NR EUR. Both are passively managed. Over the past 5 years, CIBR.L returned 15.18%/yr vs 10.52%/yr for FTEU.L. At a 0.47 correlation, their price movements are largely independent. CIBR.L charges 0.60%/yr vs 0.80%/yr for FTEU.L.

Performance

CIBR.L vs. FTEU.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 Eurozone AlphaDEX® UCITS ETF Class A Shares (FTEU.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CIBR.L achieves a 28.36% return, which is significantly higher than FTEU.L's 12.04% return.

CIBR.L

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

FTEU.L

• 1D: -0.50%
• 1M: 1.54%
• YTD: 12.04%
• 6M: 16.64%
• 1Y: 33.03%
• 3Y*: 25.45%
• 5Y*: 10.52%
• 10Y*: —

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

CIBR.L vs. FTEU.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%
FTEU.L First Trust Eurozone AlphaDEX® UCITS ETF Class A Shares	12.04%	57.74%	2.77%	16.49%	-18.83%	11.78%	25.26%

Correlation

The correlation between CIBR.L and FTEU.L is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (3Y) Calculated over the trailing 3-year period	0.41
Correlation (5Y) Calculated over the trailing 5-year period	0.48
Correlation (All Time) Calculated using the full available price history since Jun 3, 2020	0.47

The correlation between CIBR.L and FTEU.L shifts across timeframes, from 0.31 (1 year) to 0.48 (5 years), reflecting how their relationship changes across market environments.

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

Sectors	CIBR.L	FTEU.L
Technology	95.6%	6.0%
Communication Services	2.6%	3.7%
Industrials	1.8%	27.4%
Basic Materials	-	7.5%
Consumer Cyclical	-	9.2%
Consumer Defensive	-	5.3%
Energy	-	10.8%
Financial Services	-	10.6%
Healthcare	-	5.2%
Real Estate	-	6.0%
Utilities	-	8.3%

Return for Risk

CIBR.L vs. FTEU.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

FTEU.L

FTEU.L Risk / Return Rank: 58
FTEU.L Sharpe Ratio Rank: 57
FTEU.L Sortino Ratio Rank: 55
FTEU.L Omega Ratio Rank: 59
FTEU.L Calmar Ratio Rank: 59
FTEU.L Martin Ratio Rank: 58

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. FTEU.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 Eurozone AlphaDEX® UCITS ETF Class A Shares (FTEU.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	FTEU.L	Difference
Sharpe ratio: Return per unit of total volatility	1.02	1.92	-0.89
Sortino ratio: Return per unit of downside risk	1.54	2.62	-1.08
Omega ratio: Gain probability vs. loss probability	1.21	1.36	-0.15
Calmar ratio: Return relative to maximum drawdown	1.10	2.88	-1.78
Martin ratio: Return relative to average drawdown	2.54	10.18	-7.64
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. FTEU.L - Sharpe Ratio Comparison

The current CIBR.L Sharpe Ratio is 1.02, which is lower than the FTEU.L Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of CIBR.L and FTEU.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	FTEU.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.02	1.92	-0.89
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.63	0.52	+0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	0.54	+0.21

Drawdowns

CIBR.L vs. FTEU.L - Drawdown Comparison

The maximum CIBR.L drawdown since its inception was -33.69%, smaller than the maximum FTEU.L drawdown of -46.61%. Use the drawdown chart below to compare losses from any high point for CIBR.L and FTEU.L.

Drawdown Indicators

	CIBR.L	FTEU.L	Difference
Max Drawdown Largest peak-to-trough decline	-33.69%	-46.61%	+12.92%
Max Drawdown (1Y) Largest decline over 1 year	-23.23%	-11.42%	-11.81%
Max Drawdown (3Y) Largest decline over 3 years	-23.42%	-15.66%	-7.76%
Max Drawdown (5Y) Largest decline over 5 years	-33.69%	-38.49%	+4.80%
Current Drawdown Current decline from peak	-0.74%	-1.28%	+0.54%
Average Drawdown Average peak-to-trough decline	-10.62%	-10.34%	-0.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.05%	3.24%	+6.81%

Volatility

CIBR.L vs. FTEU.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 Eurozone AlphaDEX® UCITS ETF Class A Shares (FTEU.L) at 5.54%. This indicates that CIBR.L's price experiences larger fluctuations and is considered to be riskier than FTEU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CIBR.L	FTEU.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.38%	5.54%	+5.84%
Volatility (6M) Calculated over the trailing 6-month period	21.81%	14.10%	+7.71%
Volatility (1Y) Calculated over the trailing 1-year period	24.92%	17.16%	+7.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.15%	20.22%	+3.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.17%	19.86%	+4.31%

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

CIBR.L has a 0.60% expense ratio, which is lower than FTEU.L's 0.80% expense ratio.

Dividends

CIBR.L vs. FTEU.L - Dividend Comparison

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

Tickers have no history of dividend payments

Frequently Asked Questions

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

CIBR.L and FTEU.L have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

On fees, CIBR.L is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

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

CIBR.L is cheaper with a 0.60% expense ratio, compared with 0.80% for FTEU.L.

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

CIBR.L is categorized as Technology Equities, while FTEU.L is Europe Equities. CIBR.L tracks MSCI World/Information Tech NR USD, while FTEU.L tracks MSCI EMU NR EUR. Their fees differ too: 0.60% for CIBR.L and 0.80% for FTEU.L.