FDNI.L vs. CIBR.L
FDNI.L (First Trust Dow Jones International Internet ETF Class A USD) and CIBR.L (First Trust Nasdaq Cybersecurity UCITS ETF Class A USD Accumulation) are both Technology Equities funds from First Trust - FDNI.L tracks the First Trust Dow Jones International Internet ETF Class A USD while CIBR.L tracks the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 5 years, FDNI.L returned -8.22%/yr vs 14.14%/yr for CIBR.L. At a 0.45 correlation, their price movements are largely independent.
Performance
FDNI.L vs. CIBR.L - Performance Comparison
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Different Trading Currencies
FDNI.L is traded in GBp, while CIBR.L is traded in USD. To make them comparable, the CIBR.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, FDNI.L achieves a -19.01% return, which is significantly lower than CIBR.L's 29.12% return.
FDNI.L
- 1D
- 0.22%
- 1M
- 2.11%
- 6M
- -21.40%
- YTD
- -19.01%
- 1Y
- -16.52%
- 3Y*
- 4.18%
- 5Y*
- -8.22%
- 10Y*
- —
CIBR.L
- 1D
- -2.98%
- 1M
- 7.46%
- 6M
- 29.82%
- YTD
- 29.12%
- 1Y
- 24.86%
- 3Y*
- 23.66%
- 5Y*
- 14.14%
- 10Y*
- —
FDNI.L vs. CIBR.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FDNI.L First Trust Dow Jones International Internet ETF Class A USD | -19.01% | 17.62% | 24.52% | -3.10% | -31.88% | 6,246.96% | 25.63% |
CIBR.L First Trust Nasdaq Cybersecurity UCITS ETF Class A USD Accumulation | 29.12% | -0.08% | 21.02% | 33.81% | -18.91% | 20.71% | 28.04% |
Correlation
The correlation between FDNI.L and CIBR.L is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since May 20, 2020 | 0.45 |
The correlation between FDNI.L and CIBR.L shifts across timeframes, from 0.34 (1 year) to 0.46 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
FDNI.L vs. CIBR.L — Risk / Return Rank
FDNI.L
CIBR.L
FDNI.L vs. CIBR.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Dow Jones International Internet ETF Class A USD (FDNI.L) and First Trust Nasdaq Cybersecurity UCITS ETF Class A USD Accumulation (CIBR.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.
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.
| FDNI.L | CIBR.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.67 | ||
| Sortino ratioReturn per unit of downside risk | -2.37 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.19 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | -0.45 | 1.02 | -1.47 |
| Martin ratioReturn relative to average drawdown | -0.79 | 2.28 | -3.08 |
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Drawdowns
FDNI.L vs. CIBR.L - Drawdown Comparison
The maximum FDNI.L drawdown since its inception was -64.63%, which is greater than CIBR.L's maximum drawdown of -26.65%. Use the drawdown chart below to compare losses from any high point for FDNI.L and CIBR.L.
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Drawdown Indicators
| FDNI.L | CIBR.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.63% | -26.65% | -37.98% |
Max Drawdown (1Y)Largest decline over 1 year | -35.98% | -24.30% | -11.68% |
Max Drawdown (3Y)Largest decline over 3 years | -35.98% | -25.48% | -10.50% |
Max Drawdown (5Y)Largest decline over 5 years | -56.60% | -26.65% | -29.95% |
Current DrawdownCurrent decline from peak | -47.79% | -2.98% | -44.81% |
Average DrawdownAverage peak-to-trough decline | -27.64% | -9.11% | -18.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.58% | 10.87% | +9.71% |
Volatility
FDNI.L vs. CIBR.L - Volatility Comparison
The current volatility for First Trust Dow Jones International Internet ETF Class A USD (FDNI.L) is 5.45%, while First Trust Nasdaq Cybersecurity UCITS ETF Class A USD Accumulation (CIBR.L) has a volatility of 8.45%. This indicates that FDNI.L experiences smaller price fluctuations and is considered to be less risky than CIBR.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FDNI.L | CIBR.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.45% | 8.45% | -3.00% |
Volatility (6M)Calculated over the trailing 6-month period | 17.16% | 23.97% | -6.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.67% | 27.01% | -5.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.25% | 24.05% | +9.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2,375.51% | 23.70% | +2,351.81% |
Dividends
FDNI.L vs. CIBR.L - Dividend Comparison
Neither FDNI.L nor CIBR.L has paid dividends to shareholders.
Frequently Asked Questions
FDNI.L and CIBR.L have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FDNI.L tracks First Trust Dow Jones International Internet ETF Class A USD, while CIBR.L tracks MSCI World/Information Tech NR USD.
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