PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
IHAK vs. CIBR
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IHAK vs. CIBR

Last updated Aug 2, 2026
Documentation

IHAK (iShares Cybersecurity & Tech ETF) and CIBR (First Trust NASDAQ Cybersecurity ETF) are both exchange-traded funds - IHAK is a Technology Equities fund tracking the NYSE FactSet Global Cyber Security Index, while CIBR is a Cybersecurity fund tracking the Nasdaq CTA Cybersecurity Index. Both are passively managed. Over the past 5 years, IHAK returned 6.85%/yr vs 13.88%/yr for CIBR. Their correlation of 0.95 means they have usually moved in the same direction. IHAK charges 0.47%/yr vs 0.60%/yr for CIBR.

Performance

IHAK vs. CIBR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Cybersecurity & Tech ETF (IHAK) and First Trust NASDAQ Cybersecurity ETF (CIBR). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, IHAK achieves a 25.74% return, which is significantly lower than CIBR's 28.86% return.

IHAK

1D
1.42%
1M
-2.53%
6M
31.03%
YTD
25.74%
1Y
20.17%
3Y*
15.12%
5Y*
6.85%
10Y*
—
ALL TIME*
13.34%

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

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

CIBR

First Trust NASDAQ Cybersecurity ETF
$122.47M$134.95M$139.60M

IHAK

iShares Cybersecurity & Tech ETF
$10.32M$10.82M$9.59M

IHAK vs. CIBR - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
IHAK
iShares Cybersecurity & Tech ETF		25.74%-1.29%7.60%37.77%-25.81%11.13%51.22%6.48%
CIBR
First Trust NASDAQ Cybersecurity ETF		28.86%13.06%18.21%39.71%-26.46%19.67%50.53%6.85%

Correlation

The correlation between IHAK and CIBR is 0.91, meaning they have usually moved in the same direction, including during past declines.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.91

Correlation (3Y)
Balances recent behavior with more history.

0.92

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.95

Correlation (All Time)
Calculated using the full available price history since Jun 13, 2019

0.95

The correlation between IHAK and CIBR has been stable across timeframes, ranging from 0.91 to 0.95 - a consistent structural relationship.

IHAK vs. CIBR - Sectors Allocation Comparison

Sectors
IHAK
CIBR

Technology

97.1%
94.9%

Industrials

2.9%
3.0%

Communication Services

0.4%
2.2%

Basic Materials

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

-

Energy

-

-

Financial Services

-

-

Healthcare

-

-

Real Estate

-

-

Utilities

-

-

Technology

IHAK
97.1%
CIBR
94.9%

Industrials

IHAK
2.9%
CIBR
3.0%

Communication Services

IHAK
0.4%
CIBR
2.2%

Basic Materials

IHAK

-

CIBR

-

Consumer Cyclical

IHAK

-

CIBR

-

Consumer Defensive

IHAK

-

CIBR

-

Energy

IHAK

-

CIBR

-

Financial Services

IHAK

-

CIBR

-

Healthcare

IHAK

-

CIBR

-

Real Estate

IHAK

-

CIBR

-

Utilities

IHAK

-

CIBR

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Cybersecurity & Tech ETF

First Trust NASDAQ Cybersecurity ETF

Often compared with IHAK:
IHAK vs. BUGIHAK vs. WCBRIHAK vs. LOCK.LIHAK vs. HACKIHAK vs. SPYIHAK vs. TECBIHAK vs. CYSE.L
Often compared with CIBR:
CIBR vs. HACKCIBR vs. BUGCIBR vs. CYBR.TOCIBR vs. QQQCIBR vs. WCBRCIBR vs. CRWDCIBR vs. CIBR.L

Return for Risk

IHAK vs. CIBR — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
IHAK
IHAK Risk / Return Rank: 2929
Overall Rank
IHAK Sharpe Ratio Rank: 3030
Sharpe Ratio Rank
IHAK Sortino Ratio Rank: 3131
Sortino Ratio Rank
IHAK Omega Ratio Rank: 3030
Omega Ratio Rank
IHAK Calmar Ratio Rank: 2727
Calmar Ratio Rank
IHAK Martin Ratio Rank: 2626
Martin Ratio Rank
CIBR
CIBR Risk / Return Rank: 3939
Overall Rank
CIBR Sharpe Ratio Rank: 4242
Sharpe Ratio Rank
CIBR Sortino Ratio Rank: 4242
Sortino Ratio Rank
CIBR Omega Ratio Rank: 4141
Omega Ratio Rank
CIBR Calmar Ratio Rank: 3636
Calmar Ratio Rank
CIBR Martin Ratio Rank: 3131
Martin Ratio Rank
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.

IHAK vs. CIBR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Cybersecurity & Tech ETF (IHAK) 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.

IHAKCIBRDifference
Sharpe ratioReturn per unit of total volatility
0.73
1.05

-0.31

Sortino ratioReturn per unit of downside risk
1.15
1.57

-0.42

Omega ratioGain probability vs. loss probability

1.14

1.19

-0.05

Calmar ratioReturn relative to maximum drawdown

0.84

1.23

-0.39

Martin ratioReturn relative to average drawdown

2.00

2.85

-0.85

IHAK vs. CIBR - Sharpe Ratio Comparison

The current IHAK Sharpe Ratio is 0.73, which is comparable to the CIBR Sharpe Ratio of 1.05. The chart below compares the historical Sharpe Ratios of IHAK 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.

Loading charts...

Drawdowns

IHAK vs. CIBR - Drawdown Comparison

The maximum IHAK drawdown since its inception was -34.42%, roughly equal to the maximum CIBR drawdown of -33.89%. Use the drawdown chart below to compare losses from any high point for IHAK and CIBR.

Loading charts...

Drawdown Indicators

IHAKCIBRDifference

Max Drawdown

Largest peak-to-trough decline

-34.42%

-33.89%

-0.53%

Max Drawdown (1Y)

Largest decline over 1 year

-22.60%

-21.99%

-0.61%

Max Drawdown (3Y)

Largest decline over 3 years

-23.48%

-21.99%

-1.49%

Max Drawdown (5Y)

Largest decline over 5 years

-34.42%

-33.89%

-0.53%

Max Drawdown (10Y)

Largest decline over 10 years

—

-33.89%

—

Current Drawdown

Current decline from peak

-7.32%

-3.06%

-4.26%

Average Drawdown

Average peak-to-trough decline

-10.65%

-8.62%

-2.03%

Ulcer Index

Depth and duration of drawdowns from previous peaks

9.47%

9.49%

-0.02%

Volatility

IHAK vs. CIBR - Volatility Comparison

iShares Cybersecurity & Tech ETF (IHAK) has a higher volatility of 8.55% compared to First Trust NASDAQ Cybersecurity ETF (CIBR) at 7.31%. This indicates that IHAK's price experiences larger fluctuations and is considered to be riskier than CIBR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

IHAKCIBRDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.55%

7.31%

+1.24%

Volatility (6M)

Calculated over the trailing 6-month period

22.03%

22.34%

-0.31%

Volatility (1Y)

Calculated over the trailing 1-year period

26.02%

25.99%

+0.03%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

24.02%

25.28%

-1.26%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.53%

23.63%

+0.90%

IHAK vs. CIBR - Expense Ratio Comparison

IHAK has a 0.47% expense ratio, which is lower than CIBR's 0.60% expense ratio.

Dividends

IHAK vs. CIBR - Dividend Comparison

IHAK's dividend yield for the trailing twelve months is around 0.07%, less than CIBR's 0.43% yield.

PositionTTM20252024202320222021202020192018201720162015
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%
IHAK
iShares Cybersecurity & Tech ETF		0.07%0.08%0.20%0.13%0.25%0.50%0.40%0.50%0.00%0.00%0.00%0.00%

Frequently Asked Questions

With a correlation of 0.91, IHAK and CIBR move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

IHAK has higher volatility (8.55%) compared to CIBR (7.31%). In terms of maximum drawdown, IHAK dropped -34.42% vs CIBR's -33.89%.

On 5-year performance, CIBR leads with 13.88% vs 6.85% for IHAK. On fees, IHAK is cheaper at 0.47% per year. On volatility, CIBR has been the lower-risk option at 7.31%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, CIBR has performed better with a 13.88% return vs 6.85%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IHAK is cheaper with a 0.47% expense ratio, compared with 0.60% for CIBR.

CIBR has the higher dividend yield at 0.43%, compared with 0.07% for IHAK.

IHAK is categorized as Technology Equities, while CIBR is Cybersecurity. IHAK tracks NYSE FactSet Global Cyber Security Index, while CIBR tracks Nasdaq CTA Cybersecurity Index. They also come from different issuers: iShares and First Trust. Their fees differ too: 0.47% for IHAK and 0.60% for CIBR.

CIBR currently has the higher Sharpe Ratio (1.05 vs 0.73), 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.

Portfolio Optimizer

Find the right allocation for IHAK and CIBR

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer