CIBR vs. WCBR

Last updated Jun 7, 2026

CIBR (First Trust NASDAQ Cybersecurity ETF) and WCBR (WisdomTree Cybersecurity Fund) are both exchange-traded funds - CIBR is a Cybersecurity fund tracking the Nasdaq CTA Cybersecurity Index, while WCBR is a Technology Equities fund tracking the WisdomTree Team8 Cybersecurity Index. Both are passively managed. Over the past 5 years, CIBR returned 14.99%/yr vs 8.68%/yr for WCBR. Their correlation of 0.92 suggests significant overlap in exposure. CIBR charges 0.60%/yr vs 0.45%/yr for WCBR.

Performance

CIBR vs. WCBR - Performance Comparison

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

Returns By Period

In the year-to-date period, CIBR achieves a 21.55% return, which is significantly higher than WCBR's 20.41% return.

CIBR

• 1D: -4.41%
• 1M: 18.54%
• YTD: 21.55%
• 6M: 16.15%
• 1Y: 18.67%
• 3Y*: 25.83%
• 5Y*: 14.99%
• 10Y*: 17.73%

WCBR

• 1D: -3.77%
• 1M: 16.05%
• YTD: 20.41%
• 6M: 15.14%
• 1Y: 5.66%
• 3Y*: 19.47%
• 5Y*: 8.68%
• 10Y*: —

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

CIBR vs. WCBR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
CIBR First Trust NASDAQ Cybersecurity ETF	21.55%	13.06%	18.21%	39.71%	-26.46%	18.58%
WCBR WisdomTree Cybersecurity Fund	20.41%	-1.44%	11.42%	66.63%	-41.96%	6.99%

Correlation

The correlation between CIBR and WCBR is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (All Time) Calculated using the full available price history since Jan 29, 2021	0.92

The correlation between CIBR and WCBR has been stable across timeframes, ranging from 0.90 to 0.92 - a consistent structural relationship.

CIBR vs. WCBR - Sectors Allocation Comparison

Sectors	CIBR	WCBR
Technology	94.0%	100.0%
Industrials	3.5%	-
Communication Services	2.6%	-
Basic Materials	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

CIBR vs. WCBR — Risk / Return Rank

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

CIBR

CIBR Risk / Return Rank: 22
CIBR Sharpe Ratio Rank: 23
CIBR Sortino Ratio Rank: 22
CIBR Omega Ratio Rank: 23
CIBR Calmar Ratio Rank: 20
CIBR Martin Ratio Rank: 19

WCBR

WCBR Risk / Return Rank: 12
WCBR Sharpe Ratio Rank: 12
WCBR Sortino Ratio Rank: 13
WCBR Omega Ratio Rank: 13
WCBR Calmar Ratio Rank: 12
WCBR Martin Ratio Rank: 11

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. WCBR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust NASDAQ Cybersecurity ETF (CIBR) and WisdomTree Cybersecurity Fund (WCBR). 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	WCBR	Difference
Sharpe ratio: Return per unit of total volatility	0.77	0.21	+0.55
Sortino ratio: Return per unit of downside risk	1.19	0.51	+0.68
Omega ratio: Gain probability vs. loss probability	1.15	1.06	+0.09
Calmar ratio: Return relative to maximum drawdown	0.87	0.23	+0.64
Martin ratio: Return relative to average drawdown	2.05	0.53	+1.52
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. WCBR - Sharpe Ratio Comparison

The current CIBR Sharpe Ratio is 0.77, which is higher than the WCBR Sharpe Ratio of 0.21. The chart below compares the historical Sharpe Ratios of CIBR and WCBR, 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	WCBR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.77	0.21	+0.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	0.26	+0.34
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.75	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	0.18	+0.46

Drawdowns

CIBR vs. WCBR - Drawdown Comparison

The maximum CIBR drawdown since its inception was -33.89%, smaller than the maximum WCBR drawdown of -52.25%. Use the drawdown chart below to compare losses from any high point for CIBR and WCBR.

Drawdown Indicators

	CIBR	WCBR	Difference
Max Drawdown Largest peak-to-trough decline	-33.89%	-52.25%	+18.36%
Max Drawdown (1Y) Largest decline over 1 year	-21.99%	-29.92%	+7.93%
Max Drawdown (3Y) Largest decline over 3 years	-21.99%	-30.27%	+8.28%
Max Drawdown (5Y) Largest decline over 5 years	-33.89%	-52.25%	+18.36%
Max Drawdown (10Y) Largest decline over 10 years	-33.89%	—	—
Current Drawdown Current decline from peak	-8.08%	-9.38%	+1.30%
Average Drawdown Average peak-to-trough decline	-8.66%	-20.34%	+11.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.27%	13.05%	-3.78%

Volatility

CIBR vs. WCBR - Volatility Comparison

The current volatility for First Trust NASDAQ Cybersecurity ETF (CIBR) is 12.36%, while WisdomTree Cybersecurity Fund (WCBR) has a volatility of 14.50%. This indicates that CIBR experiences smaller price fluctuations and is considered to be less risky than WCBR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CIBR	WCBR	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.36%	14.50%	-2.14%
Volatility (6M) Calculated over the trailing 6-month period	21.41%	27.55%	-6.14%
Volatility (1Y) Calculated over the trailing 1-year period	24.91%	32.40%	-7.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.02%	33.64%	-8.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.64%	33.61%	-9.97%

CIBR vs. WCBR - Expense Ratio Comparison

CIBR has a 0.60% expense ratio, which is higher than WCBR's 0.45% expense ratio.

Dividends

CIBR vs. WCBR - Dividend Comparison

CIBR's dividend yield for the trailing twelve months is around 0.47%, while WCBR 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	0.47%	0.42%	0.29%	0.42%	0.31%	0.59%	1.10%	0.23%	0.23%	0.10%	0.77%	0.58%
WCBR WisdomTree Cybersecurity Fund	0.00%	0.00%	0.02%	0.00%	0.03%	0.43%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CIBR and WCBR in my portfolio?

With a correlation of 0.90, CIBR and WCBR move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, CIBR or WCBR?

WCBR has higher volatility (14.50%) compared to CIBR (12.36%). In terms of maximum drawdown, CIBR dropped -33.89% vs WCBR's -52.25%.

Which ETF is better, CIBR or WCBR?

On 5-year performance, CIBR leads with 14.99% vs 8.68% for WCBR. On fees, WCBR is cheaper at 0.45% per year. On volatility, CIBR has been the lower-risk option at 12.36%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CIBR or WCBR?

Over the 5-year period, CIBR has performed better with a 14.99% return vs 8.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CIBR or WCBR?

WCBR is cheaper with a 0.45% expense ratio, compared with 0.60% for CIBR.

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

CIBR has the higher dividend yield at 0.47%, compared with 0.00% for WCBR.

What is the main difference between CIBR and WCBR?

CIBR is categorized as Cybersecurity, while WCBR is Technology Equities. CIBR tracks Nasdaq CTA Cybersecurity Index, while WCBR tracks WisdomTree Team8 Cybersecurity Index. They also come from different issuers: First Trust and WisdomTree. Their fees differ too: 0.60% for CIBR and 0.45% for WCBR.

Which has better risk-adjusted returns?

CIBR currently has the higher Sharpe Ratio (0.77 vs 0.21), 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.