CIBR vs. FXU

Last updated Jul 17, 2026

CIBR (First Trust NASDAQ Cybersecurity ETF) and FXU (First Trust Utilities AlphaDEX Fund) are both exchange-traded funds - CIBR is a Cybersecurity fund tracking the Nasdaq CTA Cybersecurity Index, while FXU is a Utilities Equities fund tracking the StrataQuant Utilities Index. Both are passively managed. Over the past 10 years, CIBR returned 18.35%/yr vs 9.14%/yr for FXU. At a 0.26 correlation, their price movements are largely independent. CIBR charges 0.60%/yr vs 0.62%/yr for FXU.

Performance

CIBR vs. FXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust NASDAQ Cybersecurity ETF (CIBR) and First Trust Utilities AlphaDEX Fund (FXU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CIBR achieves a 28.94% return, which is significantly higher than FXU's 12.12% return. Over the past 10 years, CIBR has outperformed FXU with an annualized return of 18.35%, while FXU has yielded a comparatively lower 9.14% annualized return.

CIBR

• 1D: -1.29%
• 1M: 8.10%
• 6M: 27.76%
• YTD: 28.94%
• 1Y: 25.97%
• 3Y*: 26.27%
• 5Y*: 14.79%
• 10Y*: 18.35%

FXU

• 1D: 1.07%
• 1M: 2.99%
• 6M: 8.95%
• YTD: 12.12%
• 1Y: 20.25%
• 3Y*: 18.58%
• 5Y*: 12.64%
• 10Y*: 9.14%

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

CIBR vs. FXU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CIBR First Trust NASDAQ Cybersecurity ETF	28.94%	13.06%	18.21%	39.71%	-26.46%	19.67%	50.53%	28.52%	1.47%	18.61%
FXU First Trust Utilities AlphaDEX Fund	12.12%	21.86%	22.50%	-2.12%	3.68%	17.67%	1.53%	11.67%	5.43%	0.98%

Correlation

The correlation between CIBR and FXU is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.10
Correlation (5Y) Calculated over the trailing 5-year period	0.21
Correlation (10Y) Calculated over the trailing 10-year period	0.24
Correlation (All Time) Calculated using the full available price history since Jul 7, 2015	0.26

The correlation between CIBR and FXU shifts across timeframes, from -0.16 (1 year) to 0.26 (all time), reflecting how their relationship changes across market environments.

CIBR vs. FXU - Sectors Allocation Comparison

Sectors	CIBR	FXU
Technology	95.4%	-
Industrials	2.7%	4.0%
Communication Services	1.9%	-
Basic Materials	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	3.6%
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	92.4%

Return for Risk

CIBR vs. FXU — Risk / Return Rank

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

CIBR

CIBR Risk / Return Rank: 31
CIBR Sharpe Ratio Rank: 34
CIBR Sortino Ratio Rank: 34
CIBR Omega Ratio Rank: 33
CIBR Calmar Ratio Rank: 29
CIBR Martin Ratio Rank: 26

FXU

FXU Risk / Return Rank: 51
FXU Sharpe Ratio Rank: 54
FXU Sortino Ratio Rank: 51
FXU Omega Ratio Rank: 48
FXU Calmar Ratio Rank: 59
FXU Martin Ratio Rank: 45

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 vs. FXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust NASDAQ Cybersecurity ETF (CIBR) and First Trust Utilities AlphaDEX Fund (FXU). 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.

	CIBR	FXU	Difference
Sharpe ratio: Return per unit of total volatility	1.01	1.49	-0.48
Sortino ratio: Return per unit of downside risk	1.53	2.06	-0.53
Omega ratio: Gain probability vs. loss probability	1.19	1.25	-0.06
Calmar ratio: Return relative to maximum drawdown	1.19	2.36	-1.17
Martin ratio: Return relative to average drawdown	2.75	5.98	-3.23

CIBR vs. FXU - Sharpe Ratio Comparison

The current CIBR Sharpe Ratio is 1.01, which is lower than the FXU Sharpe Ratio of 1.49. The chart below compares the historical Sharpe Ratios of CIBR and FXU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CIBR vs. FXU - Drawdown Comparison

The maximum CIBR drawdown since its inception was -33.89%, smaller than the maximum FXU drawdown of -49.00%. Use the drawdown chart below to compare losses from any high point for CIBR and FXU.

Drawdown Indicators

	CIBR	FXU	Difference
Max Drawdown Largest peak-to-trough decline	-33.89%	-49.00%	+15.11%
Max Drawdown (1Y) Largest decline over 1 year	-21.99%	-8.63%	-13.36%
Max Drawdown (3Y) Largest decline over 3 years	-21.99%	-17.46%	-4.53%
Max Drawdown (5Y) Largest decline over 5 years	-33.89%	-21.87%	-12.02%
Max Drawdown (10Y) Largest decline over 10 years	-33.89%	-34.81%	+0.92%
Current Drawdown Current decline from peak	-3.00%	-2.14%	-0.86%
Average Drawdown Average peak-to-trough decline	-8.64%	-7.61%	-1.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.47%	3.40%	+6.07%

Volatility

CIBR vs. FXU - Volatility Comparison

First Trust NASDAQ Cybersecurity ETF (CIBR) has a higher volatility of 7.96% compared to First Trust Utilities AlphaDEX Fund (FXU) at 4.63%. This indicates that CIBR's price experiences larger fluctuations and is considered to be riskier than FXU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CIBR	FXU	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.96%	4.63%	+3.33%
Volatility (6M) Calculated over the trailing 6-month period	22.49%	10.79%	+11.70%
Volatility (1Y) Calculated over the trailing 1-year period	25.77%	13.61%	+12.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.26%	16.61%	+8.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.62%	18.36%	+5.26%

CIBR vs. FXU - Expense Ratio Comparison

CIBR has a 0.60% expense ratio, which is lower than FXU's 0.62% expense ratio.

Dividends

CIBR vs. FXU - Dividend Comparison

CIBR's dividend yield for the trailing twelve months is around 0.43%, less than FXU's 2.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CIBR First Trust NASDAQ Cybersecurity ETF	0.43%	0.42%	0.29%	0.42%	0.31%	0.59%	1.10%	0.23%	0.23%	0.10%	0.77%	0.58%
FXU First Trust Utilities AlphaDEX Fund	2.13%	2.29%	2.41%	2.52%	2.03%	2.00%	3.97%	2.34%	2.40%	3.81%	2.62%	3.90%

Frequently Asked Questions

Can I hold both CIBR and FXU in my portfolio?

CIBR and FXU have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CIBR or FXU?

CIBR has higher volatility (7.96%) compared to FXU (4.63%). In terms of maximum drawdown, CIBR dropped -33.89% vs FXU's -49.00%.

Which ETF is better, CIBR or FXU?

On 10-year performance, CIBR leads with 18.35% vs 9.14% for FXU. On fees, CIBR is cheaper at 0.60% per year. On volatility, FXU has been the lower-risk option at 4.63%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CIBR or FXU?

Over the 10-year period, CIBR has performed better with a 18.35% return vs 9.14%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CIBR or FXU?

CIBR is cheaper with a 0.60% expense ratio, compared with 0.62% for FXU.

Which ETF pays a higher dividend yield, CIBR or FXU?

FXU has the higher dividend yield at 2.13%, compared with 0.43% for CIBR.

What is the main difference between CIBR and FXU?

CIBR is categorized as Cybersecurity, while FXU is Utilities Equities. CIBR tracks Nasdaq CTA Cybersecurity Index, while FXU tracks StrataQuant Utilities Index. Their fees differ too: 0.60% for CIBR and 0.62% for FXU.

Which has better risk-adjusted returns?

FXU currently has the higher Sharpe Ratio (1.49 vs 1.01), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.