CIBR vs. KNG

Last updated Jun 4, 2026

CIBR (First Trust NASDAQ Cybersecurity ETF) and KNG (FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF) are both exchange-traded funds - CIBR is a Technology Equities fund tracking the Nasdaq CTA Cybersecurity Index, while KNG is a Dividend fund tracking the Cboe S&P 500 Dividend Aristocrats Target Income Index Monthly Series. Both are passively managed. Over the past 5 years, CIBR returned 16.28%/yr vs 4.31%/yr for KNG. At a 0.46 correlation, their price movements are largely independent. CIBR charges 0.60%/yr vs 0.75%/yr for KNG.

Performance

CIBR vs. KNG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust NASDAQ Cybersecurity ETF (CIBR) and FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CIBR achieves a 28.52% return, which is significantly higher than KNG's 2.20% return.

CIBR

• 1D: -2.81%
• 1M: 31.43%
• YTD: 28.52%
• 6M: 24.03%
• 1Y: 25.78%
• 3Y*: 28.32%
• 5Y*: 16.28%
• 10Y*: 18.49%

KNG

• 1D: -0.04%
• 1M: 0.89%
• YTD: 2.20%
• 6M: 2.33%
• 1Y: 7.44%
• 3Y*: 7.06%
• 5Y*: 4.31%
• 10Y*: —

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

CIBR vs. KNG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
CIBR First Trust NASDAQ Cybersecurity ETF	28.52%	13.06%	18.21%	39.71%	-26.46%	19.67%	50.53%	28.52%	-4.90%
KNG FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF	2.20%	6.63%	5.99%	7.48%	-7.03%	24.78%	7.21%	26.64%	-0.84%

Correlation

The correlation between CIBR and KNG is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.13
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (5Y) Calculated over the trailing 5-year period	0.45
Correlation (All Time) Calculated using the full available price history since Mar 28, 2018	0.46

Over the past year, the correlation between CIBR and KNG has dropped to 0.13 - well below their long-term average of 0.46, suggesting their price drivers have been diverging.

CIBR vs. KNG - Sectors Allocation Comparison

Sectors	CIBR	KNG
Technology	94.0%	4.3%
Industrials	3.5%	20.3%
Communication Services	2.6%	-
Basic Materials	-	10.2%
Consumer Cyclical	-	5.5%
Consumer Defensive	-	23.5%
Energy	-	3.0%
Financial Services	-	12.7%
Healthcare	-	10.1%
Real Estate	-	4.4%
Utilities	-	6.1%

Return for Risk

CIBR vs. KNG — Risk / Return Rank

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

CIBR

CIBR Risk / Return Rank: 26
CIBR Sharpe Ratio Rank: 29
CIBR Sortino Ratio Rank: 28
CIBR Omega Ratio Rank: 29
CIBR Calmar Ratio Rank: 24
CIBR Martin Ratio Rank: 22

KNG

KNG Risk / Return Rank: 20
KNG Sharpe Ratio Rank: 21
KNG Sortino Ratio Rank: 21
KNG Omega Ratio Rank: 19
KNG Calmar Ratio Rank: 20
KNG Martin Ratio Rank: 19

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. KNG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust NASDAQ Cybersecurity ETF (CIBR) and FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG). 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	KNG	Difference
Sharpe ratio: Return per unit of total volatility	1.06	0.73	+0.32
Sortino ratio: Return per unit of downside risk	1.56	1.15	+0.42
Omega ratio: Gain probability vs. loss probability	1.20	1.13	+0.07
Calmar ratio: Return relative to maximum drawdown	1.18	0.87	+0.31
Martin ratio: Return relative to average drawdown	2.79	2.25	+0.54
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 vs. KNG - Sharpe Ratio Comparison

The current CIBR Sharpe Ratio is 1.06, which is higher than the KNG Sharpe Ratio of 0.73. The chart below compares the historical Sharpe Ratios of CIBR and KNG, 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	KNG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.06	0.73	+0.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	0.32	+0.34
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.79	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.49	+0.17

Drawdowns

CIBR vs. KNG - Drawdown Comparison

The maximum CIBR drawdown since its inception was -33.89%, roughly equal to the maximum KNG drawdown of -35.12%. Use the drawdown chart below to compare losses from any high point for CIBR and KNG.

Drawdown Indicators

	CIBR	KNG	Difference
Max Drawdown Largest peak-to-trough decline	-33.89%	-35.12%	+1.23%
Max Drawdown (1Y) Largest decline over 1 year	-21.99%	-8.61%	-13.38%
Max Drawdown (3Y) Largest decline over 3 years	-21.99%	-14.24%	-7.75%
Max Drawdown (5Y) Largest decline over 5 years	-33.89%	-18.20%	-15.69%
Max Drawdown (10Y) Largest decline over 10 years	-33.89%	—	—
Current Drawdown Current decline from peak	-2.81%	-5.89%	+3.08%
Average Drawdown Average peak-to-trough decline	-8.66%	-4.13%	-4.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.25%	3.32%	+5.93%

Volatility

CIBR vs. KNG - Volatility Comparison

First Trust NASDAQ Cybersecurity ETF (CIBR) has a higher volatility of 10.90% compared to FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) at 2.29%. This indicates that CIBR's price experiences larger fluctuations and is considered to be riskier than KNG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CIBR	KNG	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.90%	2.29%	+8.61%
Volatility (6M) Calculated over the trailing 6-month period	20.90%	7.39%	+13.51%
Volatility (1Y) Calculated over the trailing 1-year period	24.50%	10.19%	+14.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.95%	13.59%	+11.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.60%	17.18%	+6.42%

CIBR vs. KNG - Expense Ratio Comparison

CIBR has a 0.60% expense ratio, which is lower than KNG's 0.75% expense ratio.

Dividends

CIBR vs. KNG - Dividend Comparison

CIBR's dividend yield for the trailing twelve months is around 0.45%, less than KNG's 8.67% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CIBR First Trust NASDAQ Cybersecurity ETF	0.45%	0.42%	0.29%	0.42%	0.31%	0.59%	1.10%	0.23%	0.23%	0.10%	0.77%	0.58%
KNG FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF	8.67%	8.61%	9.08%	5.91%	4.00%	3.45%	3.62%	4.09%	3.46%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CIBR and KNG in my portfolio?

CIBR and KNG have a correlation of 0.13, 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 KNG?

CIBR has higher volatility (10.90%) compared to KNG (2.29%). In terms of maximum drawdown, CIBR dropped -33.89% vs KNG's -35.12%.

Which ETF is better, CIBR or KNG?

On 5-year performance, CIBR leads with 16.28% vs 4.31% for KNG. On fees, CIBR is cheaper at 0.60% per year. On volatility, KNG has been the lower-risk option at 2.29%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CIBR or KNG?

Over the 5-year period, CIBR has performed better with a 16.28% return vs 4.31%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CIBR or KNG?

CIBR is cheaper with a 0.60% expense ratio, compared with 0.75% for KNG.

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

KNG has the higher dividend yield at 8.67%, compared with 0.45% for CIBR.

What is the main difference between CIBR and KNG?

CIBR is categorized as Technology Equities, while KNG is Dividend. CIBR tracks Nasdaq CTA Cybersecurity Index, while KNG tracks Cboe S&P 500 Dividend Aristocrats Target Income Index Monthly Series. Their fees differ too: 0.60% for CIBR and 0.75% for KNG.

Which has better risk-adjusted returns?

CIBR currently has the higher Sharpe Ratio (1.06 vs 0.73), 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.