GGME vs. CIBR

Last updated Aug 2, 2026

GGME (Invesco Next Gen Media and Gaming ETF) and CIBR (First Trust NASDAQ Cybersecurity ETF) are both exchange-traded funds - GGME is a Technology Equities fund tracking the STOXX World AC NexGen Media Index - Benchmark TR Gross, while CIBR is a Cybersecurity fund tracking the Nasdaq CTA Cybersecurity Index. Both are passively managed. Over the past 10 years, GGME returned 9.85%/yr vs 18.23%/yr for CIBR. Their 0.69 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.60% expense ratio.

Performance

GGME vs. CIBR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Next Gen Media and Gaming ETF (GGME) 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, GGME achieves a 1.32% return, which is significantly lower than CIBR's 28.86% return. Over the past 10 years, GGME has underperformed CIBR with an annualized return of 9.85%, while CIBR has yielded a comparatively higher 18.23% annualized return.

GGME

• 1D: -1.68%
• 1M: -0.65%
• 6M: 7.73%
• YTD: 1.32%
• 1Y: -0.42%
• 3Y*: 18.70%
• 5Y*: 3.29%
• 10Y*: 9.85%
• ALL TIME*: 7.48%

CIBR

• 1D: 2.01%
• 1M: 1.28%
• 6M: 33.32%
• YTD: 28.86%
• 1Y: 29.07%
• 3Y*: 25.07%
• 5Y*: 13.88%
• 10Y*: 18.23%
• ALL TIME*: 15.41%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CIBR First Trust NASDAQ Cybersecurity ETF	$122.47M	$134.95M	$139.60M
GGME Invesco Next Gen Media and Gaming ETF	$77.20K	$185.55K	$134.81K

GGME vs. CIBR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GGME Invesco Next Gen Media and Gaming ETF	1.32%	16.39%	32.67%	23.76%	-36.43%	10.68%	36.26%	20.28%	1.97%	7.61%
CIBR First Trust NASDAQ Cybersecurity ETF	28.86%	13.06%	18.21%	39.71%	-26.46%	19.67%	50.53%	28.52%	1.47%	18.61%

Correlation

The correlation between GGME and CIBR is 0.63, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.63
Correlation (3Y) Balances recent behavior with more history.	0.68
Correlation (5Y) Shows whether the relationship held over a longer period.	0.72
Correlation (10Y) Provides a long-term view across more market conditions.	0.69
Correlation (All Time) Calculated using the full available price history since Jul 7, 2015	0.69

The correlation between GGME and CIBR has been stable across timeframes, ranging from 0.63 to 0.72 - a consistent structural relationship.

GGME vs. CIBR - Sectors Allocation Comparison

Sectors	GGME	CIBR
Technology	56.1%	94.9%
Communication Services	40.3%	2.2%
Consumer Cyclical	3.1%	-
Industrials	0.5%	3.0%
Financial Services	0.3%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

GGME vs. CIBR — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GGME

GGME Risk / Return Rank: 9
GGME Sharpe Ratio Rank: 9
GGME Sortino Ratio Rank: 9
GGME Omega Ratio Rank: 9
GGME Calmar Ratio Rank: 10
GGME Martin Ratio Rank: 9

CIBR

CIBR Risk / Return Rank: 39
CIBR Sharpe Ratio Rank: 42
CIBR Sortino Ratio Rank: 42
CIBR Omega Ratio Rank: 41
CIBR Calmar Ratio Rank: 36
CIBR Martin Ratio Rank: 31

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GGME vs. CIBR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Next Gen Media and Gaming ETF (GGME) 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.

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.

	GGME	CIBR	Difference
Sharpe ratio: Return per unit of total volatility	-0.11	1.05	-1.16
Sortino ratio: Return per unit of downside risk	-0.01	1.57	-1.58
Omega ratio: Gain probability vs. loss probability	1.00	1.19	-0.19
Calmar ratio: Return relative to maximum drawdown	-0.09	1.23	-1.32
Martin ratio: Return relative to average drawdown	-0.19	2.85	-3.04

GGME vs. CIBR - Sharpe Ratio Comparison

The current GGME Sharpe Ratio is -0.11, which is lower than the CIBR Sharpe Ratio of 1.05. The chart below compares the historical Sharpe Ratios of GGME 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.

Drawdowns

GGME vs. CIBR - Drawdown Comparison

The maximum GGME drawdown since its inception was -69.13%, which is greater than CIBR's maximum drawdown of -33.89%. Use the drawdown chart below to compare losses from any high point for GGME and CIBR.

Drawdown Indicators

	GGME	CIBR	Difference
Max Drawdown Largest peak-to-trough decline	-69.13%	-33.89%	-35.24%
Max Drawdown (1Y) Largest decline over 1 year	-25.23%	-21.99%	-3.24%
Max Drawdown (3Y) Largest decline over 3 years	-25.23%	-21.99%	-3.24%
Max Drawdown (5Y) Largest decline over 5 years	-44.72%	-33.89%	-10.83%
Max Drawdown (10Y) Largest decline over 10 years	-46.35%	-33.89%	-12.46%
Current Drawdown Current decline from peak	-8.44%	-3.06%	-5.38%
Average Drawdown Average peak-to-trough decline	-14.49%	-8.62%	-5.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.66%	9.49%	+2.17%

Volatility

GGME vs. CIBR - Volatility Comparison

The current volatility for Invesco Next Gen Media and Gaming ETF (GGME) is 4.48%, while First Trust NASDAQ Cybersecurity ETF (CIBR) has a volatility of 7.31%. This indicates that GGME 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

	GGME	CIBR	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.48%	7.31%	-2.83%
Volatility (6M) Calculated over the trailing 6-month period	16.42%	22.34%	-5.92%
Volatility (1Y) Calculated over the trailing 1-year period	19.97%	25.99%	-6.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.32%	25.28%	-0.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.21%	23.63%	-0.42%

GGME vs. CIBR - Expense Ratio Comparison

Both GGME and CIBR have an expense ratio of 0.60%.

Dividends

GGME vs. CIBR - Dividend Comparison

GGME's dividend yield for the trailing twelve months is around 0.02%, less than CIBR's 0.43% yield.

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%
GGME Invesco Next Gen Media and Gaming ETF	0.02%	0.17%	0.08%	2.31%	0.76%	0.39%	0.38%	0.50%	0.93%	0.33%	0.16%	1.11%

Frequently Asked Questions

Can I hold both GGME and CIBR in my portfolio?

GGME and CIBR have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GGME or CIBR?

CIBR has higher volatility (7.31%) compared to GGME (4.48%). In terms of maximum drawdown, GGME dropped -69.13% vs CIBR's -33.89%.

Which ETF is better, GGME or CIBR?

On 10-year performance, CIBR leads with 18.23% vs 9.85% for GGME. Both ETFs have the same 0.60% expense ratio. On volatility, GGME has been the lower-risk option at 4.48%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GGME or CIBR?

Over the 10-year period, CIBR has performed better with a 18.23% return vs 9.85%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GGME or CIBR?

GGME and CIBR have the same expense ratio: 0.60% per year.

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

CIBR has the higher dividend yield at 0.43%, compared with 0.02% for GGME.

What is the main difference between GGME and CIBR?

GGME is categorized as Technology Equities, while CIBR is Cybersecurity. GGME tracks STOXX World AC NexGen Media Index - Benchmark TR Gross, while CIBR tracks Nasdaq CTA Cybersecurity Index. They also come from different issuers: Invesco and First Trust.

Which has better risk-adjusted returns?

CIBR currently has the higher Sharpe Ratio (1.05 vs -0.11), 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.