IHAK vs. CIBR
Compare and contrast key facts about iShares Cybersecurity & Tech ETF (IHAK) and First Trust NASDAQ Cybersecurity ETF (CIBR).
IHAK and CIBR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IHAK is a passively managed fund by iShares that tracks the performance of the NYSE FactSet Global Cyber Security Index. It was launched on Jun 11, 2019. 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 IHAK 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: IHAK or CIBR.
Key characteristics
| IHAK | CIBR | |
|---|---|---|
| YTD Return | 12.15% | 19.77% |
| 1Y Return | 27.28% | 34.26% |
| 3Y Return (Ann) | 1.93% | 5.21% |
| 5Y Return (Ann) | 14.02% | 17.43% |
| Sharpe Ratio | 1.75 | 2.07 |
| Sortino Ratio | 2.33 | 2.69 |
| Omega Ratio | 1.30 | 1.36 |
| Calmar Ratio | 1.68 | 2.62 |
| Martin Ratio | 5.38 | 8.02 |
| Ulcer Index | 5.80% | 4.80% |
| Daily Std Dev | 17.81% | 18.57% |
| Max Drawdown | -34.42% | -33.89% |
| Current Drawdown | -0.59% | -0.37% |
Correlation
The correlation between IHAK and CIBR is 0.96, 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.
Performance
IHAK vs. CIBR - Performance Comparison
In the year-to-date period, IHAK achieves a 12.15% return, which is significantly lower than CIBR's 19.77% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IHAK vs. CIBR - Expense Ratio Comparison
IHAK has a 0.47% expense ratio, which is lower than CIBR's 0.60% expense ratio.
Risk-Adjusted Performance
IHAK vs. CIBR - Risk-Adjusted Performance 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.
Dividends
IHAK vs. CIBR - Dividend Comparison
IHAK's dividend yield for the trailing twelve months is around 0.09%, less than CIBR's 0.41% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
IHAK iShares Cybersecurity & Tech ETF | 0.09% | 0.13% | 0.25% | 0.50% | 0.40% | 0.50% | 0.00% | 0.00% | 0.00% | 0.00% |
CIBR First Trust NASDAQ Cybersecurity ETF | 0.41% | 0.42% | 0.30% | 0.59% | 1.10% | 0.23% | 0.22% | 0.10% | 0.77% | 0.58% |
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. For additional features, visit the drawdowns tool.
Volatility
IHAK vs. CIBR - Volatility Comparison
The current volatility for iShares Cybersecurity & Tech ETF (IHAK) is 4.98%, while First Trust NASDAQ Cybersecurity ETF (CIBR) has a volatility of 5.25%. This indicates that IHAK 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.