SKYU.L vs. CIBR.L
SKYU.L (First Trust Cloud Computing UCITS ETF Class A USD Accumulation) and CIBR.L (First Trust Nasdaq Cybersecurity UCITS ETF Class A USD Accumulation) are both Technology Equities funds from First Trust - SKYU.L tracks the First Trust Cloud Computing UCITS ETF Class A USD Accumulation while CIBR.L tracks the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 5 years, SKYU.L returned 5.97%/yr vs 13.75%/yr for CIBR.L. Their correlation of 0.87 suggests significant overlap in exposure.
Performance
SKYU.L vs. CIBR.L - Performance Comparison
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Returns By Period
In the year-to-date period, SKYU.L achieves a 4.89% return, which is significantly lower than CIBR.L's 29.65% return.
SKYU.L
- 1D
- 0.00%
- 1M
- -0.09%
- 6M
- 8.11%
- YTD
- 4.89%
- 1Y
- 14.00%
- 3Y*
- 19.89%
- 5Y*
- 5.97%
- 10Y*
- —
CIBR.L
- 1D
- -1.96%
- 1M
- 8.41%
- 6M
- 30.61%
- YTD
- 29.65%
- 1Y
- 26.20%
- 3Y*
- 25.02%
- 5Y*
- 13.75%
- 10Y*
- —
SKYU.L vs. CIBR.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SKYU.L First Trust Cloud Computing UCITS ETF Class A USD Accumulation | 4.89% | 8.43% | 35.93% | 55.30% | -45.68% | 10.94% | 41.42% |
CIBR.L First Trust Nasdaq Cybersecurity UCITS ETF Class A USD Accumulation | 29.65% | 7.59% | 18.94% | 40.85% | -27.53% | 19.58% | 42.96% |
Correlation
The correlation between SKYU.L and CIBR.L is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.82 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.86 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.87 |
Correlation (All Time) Calculated using the full available price history since May 20, 2020 | 0.87 |
The correlation between SKYU.L and CIBR.L has been stable across timeframes, ranging from 0.82 to 0.87 - a consistent structural relationship.
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Return for Risk
SKYU.L vs. CIBR.L — Risk / Return Rank
SKYU.L
CIBR.L
SKYU.L vs. CIBR.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Cloud Computing UCITS ETF Class A USD Accumulation (SKYU.L) and First Trust Nasdaq Cybersecurity UCITS ETF Class A USD Accumulation (CIBR.L). 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.
| SKYU.L | CIBR.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.49 | ||
| Sortino ratioReturn per unit of downside risk | -0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.20 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.55 | 1.12 | -0.57 |
| Martin ratioReturn relative to average drawdown | 1.17 | 2.56 | -1.38 |
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Drawdowns
SKYU.L vs. CIBR.L - Drawdown Comparison
The maximum SKYU.L drawdown since its inception was -53.12%, which is greater than CIBR.L's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for SKYU.L and CIBR.L.
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Drawdown Indicators
| SKYU.L | CIBR.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.12% | -33.69% | -19.43% |
Max Drawdown (1Y)Largest decline over 1 year | -26.70% | -23.23% | -3.47% |
Max Drawdown (3Y)Largest decline over 3 years | -31.91% | -23.42% | -8.49% |
Max Drawdown (5Y)Largest decline over 5 years | -53.12% | -33.69% | -19.43% |
Current DrawdownCurrent decline from peak | -10.40% | -1.96% | -8.44% |
Average DrawdownAverage peak-to-trough decline | -16.78% | -10.36% | -6.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.59% | 10.22% | +2.37% |
Volatility
SKYU.L vs. CIBR.L - Volatility Comparison
First Trust Cloud Computing UCITS ETF Class A USD Accumulation (SKYU.L) and First Trust Nasdaq Cybersecurity UCITS ETF Class A USD Accumulation (CIBR.L) have volatilities of 8.74% and 8.39%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SKYU.L | CIBR.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.74% | 8.39% | +0.35% |
Volatility (6M)Calculated over the trailing 6-month period | 25.52% | 23.52% | +2.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.72% | 26.47% | +3.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.13% | 24.52% | +5.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.55% | 24.09% | +4.46% |
Dividends
SKYU.L vs. CIBR.L - Dividend Comparison
Neither SKYU.L nor CIBR.L has paid dividends to shareholders.
Frequently Asked Questions
SKYU.L and CIBR.L have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SKYU.L tracks First Trust Cloud Computing UCITS ETF Class A USD Accumulation, while CIBR.L tracks MSCI World/Information Tech NR USD.
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