Correlation
The correlation between PABU and CIBR is 0.80, 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.
PABU vs. CIBR
Compare and contrast key facts about iShares Paris-Aligned Climate MSCI USA ETF (PABU) and First Trust NASDAQ Cybersecurity ETF (CIBR).
PABU and CIBR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PABU is a passively managed fund by iShares that tracks the performance of the MSCI USA Climate Paris Aligned Benchmark Extended Select Index. It was launched on Feb 8, 2022. 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 PABU 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: PABU or CIBR.
Performance
PABU vs. CIBR - Performance Comparison
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Key characteristics
PABU:
0.68
CIBR:
1.46
PABU:
0.98
CIBR:
1.81
PABU:
1.14
CIBR:
1.24
PABU:
0.60
CIBR:
1.54
PABU:
2.19
CIBR:
5.46
PABU:
5.75%
CIBR:
5.68%
PABU:
20.98%
CIBR:
24.55%
PABU:
-20.85%
CIBR:
-33.89%
PABU:
-4.43%
CIBR:
-0.86%
Returns By Period
In the year-to-date period, PABU achieves a -1.08% return, which is significantly lower than CIBR's 13.20% return.
PABU
-1.08%
6.45%
-2.57%
13.72%
13.96%
N/A
N/A
CIBR
13.20%
7.81%
13.84%
35.01%
19.62%
17.48%
N/A
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PABU vs. CIBR - Expense Ratio Comparison
PABU has a 0.10% expense ratio, which is lower than CIBR's 0.60% expense ratio.
Risk-Adjusted Performance
PABU vs. CIBR — Risk-Adjusted Performance Rank
PABU
CIBR
PABU vs. CIBR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Paris-Aligned Climate MSCI USA ETF (PABU) 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
PABU vs. CIBR - Dividend Comparison
PABU's dividend yield for the trailing twelve months is around 0.98%, more than CIBR's 0.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
PABU iShares Paris-Aligned Climate MSCI USA ETF | 0.98% | 1.01% | 1.06% | 1.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CIBR First Trust NASDAQ Cybersecurity ETF | 0.23% | 0.29% | 0.42% | 0.30% | 0.59% | 1.10% | 0.23% | 0.22% | 0.10% | 0.77% | 0.58% |
Drawdowns
PABU vs. CIBR - Drawdown Comparison
The maximum PABU drawdown since its inception was -20.85%, smaller than the maximum CIBR drawdown of -33.89%. Use the drawdown chart below to compare losses from any high point for PABU and CIBR.
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Volatility
PABU vs. CIBR - Volatility Comparison
The current volatility for iShares Paris-Aligned Climate MSCI USA ETF (PABU) is 4.91%, while First Trust NASDAQ Cybersecurity ETF (CIBR) has a volatility of 5.18%. This indicates that PABU 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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