CIBR vs. RDVT

Last updated Jul 21, 2026

CIBR (First Trust NASDAQ Cybersecurity ETF) is Cybersecurity fund tracking the Nasdaq CTA Cybersecurity Index, while RDVT (Red Violet, Inc.) is a stock. Over the past 5 years, CIBR returned 14.23%/yr vs 23.87%/yr for RDVT. At a 0.33 correlation, their price movements are largely independent.

Performance

CIBR vs. RDVT - Performance Comparison

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

Returns By Period

In the year-to-date period, CIBR achieves a 28.80% return, which is significantly higher than RDVT's 16.75% return.

CIBR

• 1D: -0.62%
• 1M: 8.67%
• 6M: 27.98%
• YTD: 28.80%
• 1Y: 24.35%
• 3Y*: 26.64%
• 5Y*: 14.23%
• 10Y*: 18.11%
• ALL TIME*: 15.45%

RDVT

• 1D: 1.96%
• 1M: 20.67%
• 6M: 32.45%
• YTD: 16.75%
• 1Y: 46.36%
• 3Y*: 47.32%
• 5Y*: 23.87%
• 10Y*: —
• ALL TIME*: 10.60%

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

CIBR vs. RDVT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
CIBR First Trust NASDAQ Cybersecurity ETF	28.80%	13.06%	18.21%	39.71%	-26.46%	19.67%	50.53%	28.52%	-4.90%
RDVT Red Violet, Inc.	16.75%	58.63%	81.27%	-13.25%	-42.00%	52.01%	41.06%	174.63%	-76.76%

Correlation

The correlation between CIBR and RDVT is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.41
Correlation (5Y) Calculated over the trailing 5-year period	0.40
Correlation (All Time) Calculated using the full available price history since Mar 26, 2018	0.33

The correlation between CIBR and RDVT shifts across timeframes, from 0.33 (all time) to 0.50 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

CIBR vs. RDVT — Risk / Return Rank

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

CIBR

CIBR Risk / Return Rank: 32
CIBR Sharpe Ratio Rank: 34
CIBR Sortino Ratio Rank: 35
CIBR Omega Ratio Rank: 34
CIBR Calmar Ratio Rank: 30
CIBR Martin Ratio Rank: 26

RDVT

RDVT Risk / Return Rank: 72
RDVT Sharpe Ratio Rank: 76
RDVT Sortino Ratio Rank: 72
RDVT Omega Ratio Rank: 72
RDVT Calmar Ratio Rank: 69
RDVT Martin Ratio Rank: 69

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. RDVT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust NASDAQ Cybersecurity ETF (CIBR) and Red Violet, Inc. (RDVT). 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	RDVT	Difference
Sharpe ratio: Return per unit of total volatility	0.95	1.02	-0.07
Sortino ratio: Return per unit of downside risk	1.45	1.56	-0.11
Omega ratio: Gain probability vs. loss probability	1.18	1.20	-0.02
Calmar ratio: Return relative to maximum drawdown	1.11	1.11	+0.01
Martin ratio: Return relative to average drawdown	2.58	2.52	+0.06

CIBR vs. RDVT - Sharpe Ratio Comparison

The current CIBR Sharpe Ratio is 0.95, which is comparable to the RDVT Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of CIBR and RDVT, 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. RDVT - Drawdown Comparison

The maximum CIBR drawdown since its inception was -33.89%, smaller than the maximum RDVT drawdown of -90.17%. Use the drawdown chart below to compare losses from any high point for CIBR and RDVT.

Drawdown Indicators

	CIBR	RDVT	Difference
Max Drawdown Largest peak-to-trough decline	-33.89%	-90.17%	+56.28%
Max Drawdown (1Y) Largest decline over 1 year	-21.99%	-42.11%	+20.12%
Max Drawdown (3Y) Largest decline over 3 years	-21.99%	-42.11%	+20.12%
Max Drawdown (5Y) Largest decline over 5 years	-33.89%	-63.73%	+29.84%
Max Drawdown (10Y) Largest decline over 10 years	-33.89%	—	—
Current Drawdown Current decline from peak	-3.10%	-3.23%	+0.13%
Average Drawdown Average peak-to-trough decline	-8.63%	-49.83%	+41.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.48%	18.46%	-8.98%

Volatility

CIBR vs. RDVT - Volatility Comparison

The current volatility for First Trust NASDAQ Cybersecurity ETF (CIBR) is 7.70%, while Red Violet, Inc. (RDVT) has a volatility of 11.06%. This indicates that CIBR experiences smaller price fluctuations and is considered to be less risky than RDVT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CIBR	RDVT	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.70%	11.06%	-3.36%
Volatility (6M) Calculated over the trailing 6-month period	22.49%	36.89%	-14.40%
Volatility (1Y) Calculated over the trailing 1-year period	25.82%	45.88%	-20.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.25%	49.32%	-24.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.62%	71.08%	-47.46%

Dividends

CIBR vs. RDVT - Dividend Comparison

CIBR's dividend yield for the trailing twelve months is around 0.43%, while RDVT has not paid dividends to shareholders.

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%
RDVT Red Violet, Inc.	0.00%	0.53%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CIBR and RDVT in my portfolio?

CIBR and RDVT have a correlation of 0.50, 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 RDVT?

RDVT has higher volatility (11.06%) compared to CIBR (7.70%). In terms of maximum drawdown, CIBR dropped -33.89% vs RDVT's -90.17%.

Which has better risk-adjusted returns?

RDVT currently has the higher Sharpe Ratio (1.02 vs 0.95), 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.