CYBP.L vs. BLOK.L

Last updated Jun 5, 2026

CYBP.L (Rize Cybersecurity and Data Privacy UCITS ETF) and BLOK.L (First Trust Indxx Innovative Transaction & Process UCITS ETF) are both Technology Equities funds tracking the MSCI World/Information Tech NR USD, from Davy and First Trust respectively. Both are passively managed. Over the past 5 years, CYBP.L returned 9.08%/yr vs 13.02%/yr for BLOK.L. A 0.54 correlation means they provide meaningful diversification when combined. CYBP.L charges 0.45%/yr vs 0.65%/yr for BLOK.L.

Performance

CYBP.L vs. BLOK.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Rize Cybersecurity and Data Privacy UCITS ETF (CYBP.L) and First Trust Indxx Innovative Transaction & Process UCITS ETF (BLOK.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CYBP.L achieves a 22.52% return, which is significantly higher than BLOK.L's 12.48% return.

CYBP.L

• 1D: -0.23%
• 1M: 25.91%
• YTD: 22.52%
• 6M: 18.75%
• 1Y: 10.59%
• 3Y*: 17.11%
• 5Y*: 9.08%
• 10Y*: —

BLOK.L

• 1D: 0.18%
• 1M: 7.30%
• YTD: 12.48%
• 6M: 15.11%
• 1Y: 31.97%
• 3Y*: 20.74%
• 5Y*: 13.02%
• 10Y*: —

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

CYBP.L vs. BLOK.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
CYBP.L Rize Cybersecurity and Data Privacy UCITS ETF	22.52%	-5.63%	11.55%	39.00%	-25.32%	6.31%	50.80%
BLOK.L First Trust Indxx Innovative Transaction & Process UCITS ETF	12.48%	22.34%	18.56%	14.77%	-8.98%	19.08%	17.57%

Correlation

The correlation between CYBP.L and BLOK.L is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (All Time) Calculated using the full available price history since Feb 28, 2020	0.54

The correlation between CYBP.L and BLOK.L shifts across timeframes, from 0.39 (1 year) to 0.55 (5 years), reflecting how their relationship changes across market environments.

CYBP.L vs. BLOK.L - Sectors Allocation Comparison

Sectors	CYBP.L	BLOK.L
Technology	98.0%	31.4%
Communication Services	2.0%	8.3%
Basic Materials	-	1.6%
Consumer Cyclical	-	8.4%
Consumer Defensive	-	1.3%
Energy	-	0.7%
Financial Services	-	40.0%
Healthcare	-	0.8%
Industrials	-	5.6%
Real Estate	-	-
Utilities	-	1.9%

Return for Risk

CYBP.L vs. BLOK.L — Risk / Return Rank

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

CYBP.L

CYBP.L Risk / Return Rank: 15
CYBP.L Sharpe Ratio Rank: 15
CYBP.L Sortino Ratio Rank: 15
CYBP.L Omega Ratio Rank: 17
CYBP.L Calmar Ratio Rank: 13
CYBP.L Martin Ratio Rank: 13

BLOK.L

BLOK.L Risk / Return Rank: 80
BLOK.L Sharpe Ratio Rank: 80
BLOK.L Sortino Ratio Rank: 77
BLOK.L Omega Ratio Rank: 79
BLOK.L Calmar Ratio Rank: 83
BLOK.L Martin Ratio Rank: 80

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.

CYBP.L vs. BLOK.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rize Cybersecurity and Data Privacy UCITS ETF (CYBP.L) and First Trust Indxx Innovative Transaction & Process UCITS ETF (BLOK.L). 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.

	CYBP.L	BLOK.L	Difference
Sharpe ratio: Return per unit of total volatility	0.39	2.58	-2.19
Sortino ratio: Return per unit of downside risk	0.71	3.39	-2.68
Omega ratio: Gain probability vs. loss probability	1.10	1.46	-0.36
Calmar ratio: Return relative to maximum drawdown	0.36	4.37	-4.01
Martin ratio: Return relative to average drawdown	0.82	15.63	-14.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CYBP.L vs. BLOK.L - Sharpe Ratio Comparison

The current CYBP.L Sharpe Ratio is 0.39, which is lower than the BLOK.L Sharpe Ratio of 2.58. The chart below compares the historical Sharpe Ratios of CYBP.L and BLOK.L, 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

	CYBP.L	BLOK.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.39	2.58	-2.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.37	0.94	-0.57
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.85	-0.34

Drawdowns

CYBP.L vs. BLOK.L - Drawdown Comparison

The maximum CYBP.L drawdown since its inception was -34.20%, which is greater than BLOK.L's maximum drawdown of -26.23%. Use the drawdown chart below to compare losses from any high point for CYBP.L and BLOK.L.

Drawdown Indicators

	CYBP.L	BLOK.L	Difference
Max Drawdown Largest peak-to-trough decline	-34.20%	-26.23%	-7.97%
Max Drawdown (1Y) Largest decline over 1 year	-29.52%	-7.28%	-22.24%
Max Drawdown (3Y) Largest decline over 3 years	-34.20%	-15.42%	-18.78%
Max Drawdown (5Y) Largest decline over 5 years	-34.20%	-16.43%	-17.77%
Current Drawdown Current decline from peak	-2.72%	-1.12%	-1.60%
Average Drawdown Average peak-to-trough decline	-12.80%	-4.27%	-8.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.87%	2.04%	+10.83%

Volatility

CYBP.L vs. BLOK.L - Volatility Comparison

Rize Cybersecurity and Data Privacy UCITS ETF (CYBP.L) has a higher volatility of 11.25% compared to First Trust Indxx Innovative Transaction & Process UCITS ETF (BLOK.L) at 4.12%. This indicates that CYBP.L's price experiences larger fluctuations and is considered to be riskier than BLOK.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CYBP.L	BLOK.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.25%	4.12%	+7.13%
Volatility (6M) Calculated over the trailing 6-month period	24.01%	8.86%	+15.15%
Volatility (1Y) Calculated over the trailing 1-year period	26.80%	12.33%	+14.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.74%	13.85%	+10.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.50%	16.14%	+9.36%

CYBP.L vs. BLOK.L - Expense Ratio Comparison

CYBP.L has a 0.45% expense ratio, which is lower than BLOK.L's 0.65% expense ratio.

Dividends

CYBP.L vs. BLOK.L - Dividend Comparison

Neither CYBP.L nor BLOK.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both CYBP.L and BLOK.L in my portfolio?

CYBP.L and BLOK.L have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CYBP.L or BLOK.L?

On fees, CYBP.L is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CYBP.L or BLOK.L?

CYBP.L is cheaper with a 0.45% expense ratio, compared with 0.65% for BLOK.L.

What is the main difference between CYBP.L and BLOK.L?

Both ETFs track MSCI World/Information Tech NR USD. They also come from different issuers: Davy and First Trust. Their fees differ too: 0.45% for CYBP.L and 0.65% for BLOK.L.