Correlation
The correlation between GGME and CIBR is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
GGME vs. CIBR
Compare and contrast key facts about Invesco Next Gen Media and Gaming ETF (GGME) and First Trust NASDAQ Cybersecurity ETF (CIBR).
GGME and CIBR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GGME is a passively managed fund by Invesco that tracks the performance of the STOXX World AC NexGen Media Index - Benchmark TR Gross. It was launched on Jun 23, 2005. CIBR is a passively managed fund by First Trust that tracks the performance of the Nasdaq CTA Cybersecurity Index. It was launched on Jul 7, 2015. Both GGME and CIBR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GGME or CIBR.
Performance
GGME vs. CIBR - Performance Comparison
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Key characteristics
GGME:
0.88
CIBR:
1.46
GGME:
1.27
CIBR:
1.81
GGME:
1.17
CIBR:
1.24
GGME:
0.86
CIBR:
1.54
GGME:
3.09
CIBR:
5.46
GGME:
6.92%
CIBR:
5.68%
GGME:
27.25%
CIBR:
24.55%
GGME:
-69.13%
CIBR:
-33.89%
GGME:
-3.86%
CIBR:
-0.86%
Returns By Period
In the year-to-date period, GGME achieves a 7.93% return, which is significantly lower than CIBR's 13.20% return.
GGME
7.93%
7.86%
6.29%
23.68%
13.71%
13.50%
7.99%
CIBR
13.20%
7.94%
13.84%
35.29%
19.62%
17.48%
N/A
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GGME vs. CIBR - Expense Ratio Comparison
Both GGME and CIBR have an expense ratio of 0.60%.
Risk-Adjusted Performance
GGME vs. CIBR — Risk-Adjusted Performance Rank
GGME
CIBR
GGME vs. CIBR - Risk-Adjusted Performance 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.
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Dividends
GGME vs. CIBR - Dividend Comparison
GGME's dividend yield for the trailing twelve months is around 0.12%, less than CIBR's 0.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GGME Invesco Next Gen Media and Gaming ETF | 0.12% | 0.08% | 2.31% | 0.76% | 0.39% | 0.30% | 0.42% | 0.93% | 0.33% | 0.16% | 1.12% | 0.50% |
CIBR First Trust NASDAQ Cybersecurity ETF | 0.23% | 0.29% | 0.42% | 0.31% | 0.59% | 1.10% | 0.23% | 0.23% | 0.10% | 0.77% | 0.58% | 0.00% |
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.
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Volatility
GGME vs. CIBR - Volatility Comparison
The current volatility for Invesco Next Gen Media and Gaming ETF (GGME) is 4.43%, while First Trust NASDAQ Cybersecurity ETF (CIBR) has a volatility of 5.18%. 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.
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