FAUG vs. CIBR

Last updated Jun 4, 2026

FAUG (FT Cboe Vest U.S. Equity Buffer ETF - August) and CIBR (First Trust NASDAQ Cybersecurity ETF) are both exchange-traded funds - FAUG is a Large Cap Blend Equities fund tracking the Cboe S&P 500 Buffer Protect Index August, while CIBR is a Technology Equities fund tracking the Nasdaq CTA Cybersecurity Index. Both are passively managed. Over the past 5 years, FAUG returned 8.88%/yr vs 16.28%/yr for CIBR. A 0.70 correlation means they provide meaningful diversification when combined. FAUG charges 0.85%/yr vs 0.60%/yr for CIBR.

Performance

FAUG vs. CIBR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Cboe Vest U.S. Equity Buffer ETF - August (FAUG) and First Trust NASDAQ Cybersecurity ETF (CIBR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FAUG achieves a 6.16% return, which is significantly lower than CIBR's 28.52% return.

FAUG

• 1D: -0.14%
• 1M: 2.13%
• YTD: 6.16%
• 6M: 6.73%
• 1Y: 18.00%
• 3Y*: 14.48%
• 5Y*: 8.88%
• 10Y*: —

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%

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

FAUG vs. CIBR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
FAUG FT Cboe Vest U.S. Equity Buffer ETF - August	6.16%	13.77%	14.55%	17.24%	-10.52%	11.54%	12.43%	2.37%
CIBR First Trust NASDAQ Cybersecurity ETF	28.52%	13.06%	18.21%	39.71%	-26.46%	19.67%	50.53%	2.72%

Correlation

The correlation between FAUG and CIBR is 0.51, 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	0.51
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (5Y) Calculated over the trailing 5-year period	0.72
Correlation (All Time) Calculated using the full available price history since Nov 8, 2019	0.70

The correlation between FAUG and CIBR shifts across timeframes, from 0.51 (1 year) to 0.71 (5 years), reflecting how their relationship changes across market environments.

FAUG vs. CIBR - Sectors Allocation Comparison

Sectors	FAUG	CIBR
Technology	35.6%	94.0%
Financial Services	11.8%	-
Communication Services	11.2%	2.6%
Consumer Cyclical	10.1%	-
Healthcare	8.5%	-
Industrials	8.3%	3.5%
Consumer Defensive	4.9%	-
Energy	3.5%	-
Utilities	2.4%	-
Real Estate	1.9%	-
Basic Materials	1.8%	-

Return for Risk

FAUG vs. CIBR — Risk / Return Rank

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

FAUG

FAUG Risk / Return Rank: 79
FAUG Sharpe Ratio Rank: 78
FAUG Sortino Ratio Rank: 81
FAUG Omega Ratio Rank: 83
FAUG Calmar Ratio Rank: 70
FAUG Martin Ratio Rank: 85

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

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.

FAUG vs. CIBR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest U.S. Equity Buffer ETF - August (FAUG) and First Trust NASDAQ Cybersecurity ETF (CIBR). 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.

	FAUG	CIBR	Difference
Sharpe ratio: Return per unit of total volatility	2.51	1.06	+1.45
Sortino ratio: Return per unit of downside risk	3.60	1.56	+2.04
Omega ratio: Gain probability vs. loss probability	1.50	1.20	+0.30
Calmar ratio: Return relative to maximum drawdown	3.44	1.18	+2.26
Martin ratio: Return relative to average drawdown	17.42	2.79	+14.63
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FAUG vs. CIBR - Sharpe Ratio Comparison

The current FAUG Sharpe Ratio is 2.51, which is higher than the CIBR Sharpe Ratio of 1.06. The chart below compares the historical Sharpe Ratios of FAUG and CIBR, 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

	FAUG	CIBR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.51	1.06	+1.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.83	0.66	+0.17
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.79	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.78	0.67	+0.12

Drawdowns

FAUG vs. CIBR - Drawdown Comparison

The maximum FAUG drawdown since its inception was -22.33%, smaller than the maximum CIBR drawdown of -33.89%. Use the drawdown chart below to compare losses from any high point for FAUG and CIBR.

Drawdown Indicators

	FAUG	CIBR	Difference
Max Drawdown Largest peak-to-trough decline	-22.33%	-33.89%	+11.56%
Max Drawdown (1Y) Largest decline over 1 year	-5.26%	-21.99%	+16.73%
Max Drawdown (3Y) Largest decline over 3 years	-12.81%	-21.99%	+9.18%
Max Drawdown (5Y) Largest decline over 5 years	-15.91%	-33.89%	+17.98%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.89%	—
Current Drawdown Current decline from peak	-0.14%	-2.81%	+2.67%
Average Drawdown Average peak-to-trough decline	-2.83%	-8.66%	+5.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.04%	9.25%	-8.21%

Volatility

FAUG vs. CIBR - Volatility Comparison

The current volatility for FT Cboe Vest U.S. Equity Buffer ETF - August (FAUG) is 0.94%, while First Trust NASDAQ Cybersecurity ETF (CIBR) has a volatility of 10.90%. This indicates that FAUG experiences smaller price fluctuations and is considered to be less risky than CIBR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FAUG	CIBR	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.94%	10.90%	-9.96%
Volatility (6M) Calculated over the trailing 6-month period	5.44%	20.90%	-15.46%
Volatility (1Y) Calculated over the trailing 1-year period	7.22%	24.50%	-17.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.77%	24.95%	-14.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.75%	23.60%	-10.85%

FAUG vs. CIBR - Expense Ratio Comparison

FAUG has a 0.85% expense ratio, which is higher than CIBR's 0.60% expense ratio.

Dividends

FAUG vs. CIBR - Dividend Comparison

FAUG has not paid dividends to shareholders, while CIBR's dividend yield for the trailing twelve months is around 0.45%.

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%
FAUG FT Cboe Vest U.S. Equity Buffer ETF - August	0.00%	0.00%	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 FAUG and CIBR in my portfolio?

FAUG and CIBR have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FAUG or CIBR?

CIBR has higher volatility (10.90%) compared to FAUG (0.94%). In terms of maximum drawdown, FAUG dropped -22.33% vs CIBR's -33.89%.

Which ETF is better, FAUG or CIBR?

On 5-year performance, CIBR leads with 16.28% vs 8.88% for FAUG. On fees, CIBR is cheaper at 0.60% per year. On volatility, FAUG has been the lower-risk option at 0.94%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FAUG or CIBR?

Over the 5-year period, CIBR has performed better with a 16.28% return vs 8.88%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FAUG or CIBR?

CIBR is cheaper with a 0.60% expense ratio, compared with 0.85% for FAUG.

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

CIBR has the higher dividend yield at 0.45%, compared with 0.00% for FAUG.

What is the main difference between FAUG and CIBR?

FAUG is categorized as Large Cap Blend Equities, while CIBR is Technology Equities. FAUG tracks Cboe S&P 500 Buffer Protect Index August, while CIBR tracks Nasdaq CTA Cybersecurity Index. Their fees differ too: 0.85% for FAUG and 0.60% for CIBR.

Which has better risk-adjusted returns?

FAUG currently has the higher Sharpe Ratio (2.51 vs 1.06), 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.