CIBR vs. IHAK
Compare and contrast key facts about First Trust NASDAQ Cybersecurity ETF (CIBR) and iShares Cybersecurity & Tech ETF (IHAK).
CIBR and IHAK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CIBR is a passively managed fund by First Trust that tracks the performance of the Nasdaq CTA Cybersecurity Index. It was launched on Jul 7, 2015. IHAK is a passively managed fund by iShares that tracks the performance of the NYSE FactSet Global Cyber Security Index. It was launched on Jun 11, 2019. Both CIBR and IHAK are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CIBR or IHAK.
Key characteristics
| CIBR | IHAK | |
|---|---|---|
| YTD Return | 3.91% | 0.80% |
| 1Y Return | 35.02% | 29.73% |
| 3Y Return (Ann) | 9.85% | 5.67% |
| Sharpe Ratio | 2.02 | 1.68 |
| Daily Std Dev | 18.27% | 18.58% |
| Max Drawdown | -33.89% | -34.42% |
| Current Drawdown | -5.45% | -7.35% |
Correlation
The correlation between CIBR and IHAK is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
CIBR vs. IHAK - Performance Comparison
In the year-to-date period, CIBR achieves a 3.91% return, which is significantly higher than IHAK's 0.80% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CIBR vs. IHAK - Expense Ratio Comparison
CIBR has a 0.60% expense ratio, which is higher than IHAK's 0.47% expense ratio.
Risk-Adjusted Performance
CIBR vs. IHAK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust NASDAQ Cybersecurity ETF (CIBR) and iShares Cybersecurity & Tech ETF (IHAK). 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.
Dividends
CIBR vs. IHAK - Dividend Comparison
CIBR's dividend yield for the trailing twelve months is around 0.45%, more than IHAK's 0.13% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
CIBR First Trust NASDAQ Cybersecurity ETF | 0.45% | 0.42% | 0.31% | 0.59% | 1.10% | 0.23% | 0.23% | 0.10% | 0.77% | 0.58% |
IHAK iShares Cybersecurity & Tech ETF | 0.13% | 0.13% | 0.25% | 0.50% | 0.40% | 0.49% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CIBR vs. IHAK - Drawdown Comparison
The maximum CIBR drawdown since its inception was -33.89%, roughly equal to the maximum IHAK drawdown of -34.42%. Use the drawdown chart below to compare losses from any high point for CIBR and IHAK. For additional features, visit the drawdowns tool.
Volatility
CIBR vs. IHAK - Volatility Comparison
First Trust NASDAQ Cybersecurity ETF (CIBR) and iShares Cybersecurity & Tech ETF (IHAK) have volatilities of 4.14% and 4.04%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.