VEA vs. CIBR

Last updated Jun 9, 2026

VEA (Vanguard FTSE Developed Markets ETF) and CIBR (First Trust NASDAQ Cybersecurity ETF) are both exchange-traded funds - VEA is a Foreign Large Cap Equities fund tracking the FTSE Developed All Cap ex US Index, while CIBR is a Cybersecurity fund tracking the Nasdaq CTA Cybersecurity Index. Both are passively managed. Over the past 10 years, VEA returned 10.14%/yr vs 17.92%/yr for CIBR. A 0.60 correlation means they provide meaningful diversification when combined. VEA charges 0.03%/yr vs 0.60%/yr for CIBR.

Performance

VEA vs. CIBR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard FTSE Developed Markets ETF (VEA) and First Trust NASDAQ Cybersecurity ETF (CIBR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VEA achieves a 12.02% return, which is significantly lower than CIBR's 20.76% return. Over the past 10 years, VEA has underperformed CIBR with an annualized return of 10.14%, while CIBR has yielded a comparatively higher 17.92% annualized return.

VEA

• 1D: 1.00%
• 1M: -1.37%
• YTD: 12.02%
• 6M: 14.95%
• 1Y: 28.06%
• 3Y*: 18.65%
• 5Y*: 9.09%
• 10Y*: 10.14%

CIBR

• 1D: -0.66%
• 1M: 14.35%
• YTD: 20.76%
• 6M: 15.03%
• 1Y: 17.89%
• 3Y*: 26.06%
• 5Y*: 14.39%
• 10Y*: 17.92%

*Multi-year figures are annualized to reflect compound growth (CAGR)

VEA vs. CIBR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VEA Vanguard FTSE Developed Markets ETF	12.02%	35.16%	3.15%	17.93%	-15.34%	11.66%	9.71%	22.62%	-14.75%	26.42%
CIBR First Trust NASDAQ Cybersecurity ETF	20.76%	13.06%	18.21%	39.71%	-26.46%	19.67%	50.53%	28.52%	1.47%	18.61%

Correlation

The correlation between VEA and CIBR is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (5Y) Calculated over the trailing 5-year period	0.57
Correlation (10Y) Calculated over the trailing 10-year period	0.58
Correlation (All Time) Calculated using the full available price history since Jul 8, 2015	0.60

Over the past year, the correlation between VEA and CIBR has dropped to 0.39 - well below their long-term average of 0.60, suggesting their price drivers have been diverging.

VEA vs. CIBR - Sectors Allocation Comparison

Sectors	VEA	CIBR
Financial Services	23.3%	-
Industrials	19.2%	3.5%
Technology	13.8%	94.0%
Healthcare	8.2%	-
Basic Materials	7.5%	-
Consumer Cyclical	7.5%	-
Consumer Defensive	5.6%	-
Energy	5.4%	-
Communication Services	3.4%	2.6%
Utilities	3.3%	-
Real Estate	2.7%	-

Return for Risk

VEA vs. CIBR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VEA

VEA Risk / Return Rank: 56
VEA Sharpe Ratio Rank: 57
VEA Sortino Ratio Rank: 55
VEA Omega Ratio Rank: 57
VEA Calmar Ratio Rank: 54
VEA Martin Ratio Rank: 58

CIBR

CIBR Risk / Return Rank: 21
CIBR Sharpe Ratio Rank: 23
CIBR Sortino Ratio Rank: 23
CIBR Omega Ratio Rank: 23
CIBR Calmar Ratio Rank: 20
CIBR Martin Ratio Rank: 19

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VEA vs. CIBR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Developed Markets ETF (VEA) 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.

	VEA	CIBR	Difference
Sharpe ratio: Return per unit of total volatility	1.75	0.72	+1.03
Sortino ratio: Return per unit of downside risk	2.39	1.14	+1.26
Omega ratio: Gain probability vs. loss probability	1.32	1.14	+0.17
Calmar ratio: Return relative to maximum drawdown	2.42	0.82	+1.61
Martin ratio: Return relative to average drawdown	9.39	1.93	+7.46
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VEA vs. CIBR - Sharpe Ratio Comparison

The current VEA Sharpe Ratio is 1.75, which is higher than the CIBR Sharpe Ratio of 0.72. The chart below compares the historical Sharpe Ratios of VEA 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.

Sharpe Ratios by Period

	VEA	CIBR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.75	0.72	+1.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	0.58	-0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.59	0.76	-0.18
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	0.64	-0.40

Drawdowns

VEA vs. CIBR - Drawdown Comparison

The maximum VEA drawdown since its inception was -60.68%, which is greater than CIBR's maximum drawdown of -33.89%. Use the drawdown chart below to compare losses from any high point for VEA and CIBR.

Drawdown Indicators

	VEA	CIBR	Difference
Max Drawdown Largest peak-to-trough decline	-60.68%	-33.89%	-26.79%
Max Drawdown (1Y) Largest decline over 1 year	-11.63%	-21.99%	+10.36%
Max Drawdown (3Y) Largest decline over 3 years	-13.45%	-21.99%	+8.54%
Max Drawdown (5Y) Largest decline over 5 years	-29.71%	-33.89%	+4.18%
Max Drawdown (10Y) Largest decline over 10 years	-35.73%	-33.89%	-1.84%
Current Drawdown Current decline from peak	-3.40%	-8.68%	+5.28%
Average Drawdown Average peak-to-trough decline	-13.29%	-8.66%	-4.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.00%	9.29%	-6.29%

Volatility

VEA vs. CIBR - Volatility Comparison

The current volatility for Vanguard FTSE Developed Markets ETF (VEA) is 6.03%, while First Trust NASDAQ Cybersecurity ETF (CIBR) has a volatility of 12.00%. This indicates that VEA 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.

Volatility by Period

	VEA	CIBR	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.03%	12.00%	-5.97%
Volatility (6M) Calculated over the trailing 6-month period	13.91%	21.42%	-7.51%
Volatility (1Y) Calculated over the trailing 1-year period	16.15%	24.97%	-8.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.63%	25.02%	-8.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.40%	23.64%	-6.24%

VEA vs. CIBR - Expense Ratio Comparison

VEA has a 0.03% expense ratio, which is lower than CIBR's 0.60% expense ratio.

Dividends

VEA vs. CIBR - Dividend Comparison

VEA's dividend yield for the trailing twelve months is around 2.69%, more than CIBR's 0.47% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CIBR First Trust NASDAQ Cybersecurity ETF	0.47%	0.42%	0.29%	0.42%	0.31%	0.59%	1.10%	0.23%	0.23%	0.10%	0.77%	0.58%
VEA Vanguard FTSE Developed Markets ETF	2.69%	3.22%	3.35%	3.15%	2.91%	3.16%	2.04%	3.04%	3.35%	2.77%	3.05%	2.92%

Frequently Asked Questions

Can I hold both VEA and CIBR in my portfolio?

VEA and CIBR have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VEA or CIBR?

CIBR has higher volatility (12.00%) compared to VEA (6.03%). In terms of maximum drawdown, VEA dropped -60.68% vs CIBR's -33.89%.

Which ETF is better, VEA or CIBR?

On 10-year performance, CIBR leads with 17.92% vs 10.14% for VEA. On fees, VEA is cheaper at 0.03% per year. On volatility, VEA has been the lower-risk option at 6.03%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VEA or CIBR?

Over the 10-year period, CIBR has performed better with a 17.92% return vs 10.14%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VEA or CIBR?

VEA is cheaper with a 0.03% expense ratio, compared with 0.60% for CIBR.

Which ETF pays a higher dividend yield, VEA or CIBR?

VEA has the higher dividend yield at 2.69%, compared with 0.47% for CIBR.

What is the main difference between VEA and CIBR?

VEA is categorized as Foreign Large Cap Equities, while CIBR is Cybersecurity. VEA tracks FTSE Developed All Cap ex US Index, while CIBR tracks Nasdaq CTA Cybersecurity Index. They also come from different issuers: Vanguard and First Trust. Their fees differ too: 0.03% for VEA and 0.60% for CIBR.

Which has better risk-adjusted returns?

VEA currently has the higher Sharpe Ratio (1.75 vs 0.72), 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.