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CIBR vs IHAK

First Trust Nasdaq Cybersecurity ETF

CIBRBNasdaq

iShares Cybersecurity and Tech ETF

IHAKBNYSE Arca

Overlap

33.7%by weight

Expense ratio

IHAK −0.11pt a year

CIBR0.58%IHAK0.47%

Avg volume · 30D

CIBR 9.3×the volume

CIBR1.81MIHAK194K

5Y return · a year

CIBR +4.3pt

CIBR+13.9%IHAK+9.6%

CIBR vs IHAK Performance

Oct 29, 2021 – Oct 30, 2026

+91.3%CIBR+58.2%IHAK

Oct 29, 2021 to Oct 30, 2026. CIBR +91.3%. IHAK +58.2%. Use the arrow keys to read each point.−25%0%25%75%Oct 2021Apr 2024Oct 2026
Expense ratio
CIBR 0.58%
IHAK 0.47%, better
Fund size
CIBR $17.5B
IHAK $1.26B
1Y total return
CIBR +31.4%
IHAK +42.1%, better
Yield (12M)
CIBR 0.39%, better
IHAK 0.06%
Holdings
CIBR 46
IHAK 47
Avg volume (30D)
CIBR 1.81M sh, better
IHAK 194K sh
NAV per share
CIBR $100.98
IHAK $73.67
52W range

ETF.net Grade

CIBR: Cost 31, Risk 63, Mission 82, Tradability 94, Holdings 55, Durability 92. IHAK: Cost 58, Risk 68, Mission not scored, Tradability 67, Holdings 71, Durability 73.
Pillar letters and Scores for CIBR, IHAK, with each pillar’s weight
PillarCIBRIHAK
Cost30% weightD31B58Higher
Mission25% weightA82Not scored
Risk15% weightB63B68Higher
Tradability15% weightA94HigherB67
Holdings10% weightB55A71Higher
Durability5% weightA92HigherA73

Rank among Cybersecurity funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. CIBR and IHAK are both graded against the same 8 Cybersecurity funds, so their Grades compare head to head.

Cybersecurity⁠

Category · 8 funds
See all 8 ›

IHAK ranks 1st and CIBR 4th of 8 funds in the Cybersecurity Category.

  1. Rank 1BIHAKiShares Cybersecurity and Tech ETFScore 64
  2. Rank 2BPSWDXtrackers Cybersecurity Select Equity ETFScore 59
  3. Rank 3BXACorgi AI Cybersecurity ETFScore 58
  4. Rank 4BCIBRFirst Trust Nasdaq Cybersecurity ETFScore 57
  5. Rank 5BSPAMThemes Cybersecurity ETFScore 55

Our read on each fund

ETF.net Research

CIBRBFirst Trust Nasdaq Cybersecurity ETF

IHAKBiShares Cybersecurity and Tech ETF

In short

CIBR A 2015-vintage cybersecurity fund that grew into a multi-billion-dollar one. It tracks the Nasdaq CTA Cybersecurity Index with a tight basket of roughly 30 names, so every holding carries real weight.

IHAK The cheap, genuinely global way to own cybersecurity. IHAK tracks a worldwide cyber index that reaches into emerging markets, holds roughly 40 names, and undercuts the category's two best-known funds on fees.

Stated mandate

CIBR The fund seeks to track, before fees and expenses, the price and yield of the Nasdaq CTA Cybersecurity Index through an indexing approach. It normally invests at least 90% of net assets in the index's common stocks and depositary receipts.

IHAK The fund tracks a global equity index of companies focused on cybersecurity hardware, software, and services, providing exposure across developed and emerging markets.

Why people hold it

  • CIBR Concentrated on purpose: roughly 30 stocks screened by the index as cybersecurity businesses, not a broad tech basket wearing a cyber label.
  • Size and turnover work in your favor here: a multi-billion-dollar fund that trades actively, which is what keeps spreads workable on a niche theme.
  • Runs to the rulebook: at least 90% of net assets in the index's common stocks and depositary receipts, and it has tracked that index closely.
  • Live since 2015, through multiple cyber hype cycles, and one of the stronger implementations in its peer group.
  • IHAK 0.47% a year, under the cybersecurity cohort's 0.50% median and below both CIBR (0.58%) and HACK (0.60%).
  • Genuinely global mandate: the NYSE FactSet Global Cyber Security Index spans developed and emerging markets, so security spending outside the US counts.ishares.com
  • About 40 names across cyber hardware, software and services. Tight enough to be a real theme bet, wide enough not to ride on one vendor.
  • Live since 2019 on iShares plumbing, and it stands in the upper tier of its eight-fund cybersecurity peer group.

Worth knowing

  • CIBR At 0.58% a year it sits above the 0.50% cybersecurity-ETF median, and cheaper shelves exist: IHAK at 0.47%, WCBR at 0.45%.
  • One theme, about 30 names. A few holdings drive the outcome, so this behaves like a slice of tech, not a diversified core.
  • Distributions land quarterly, but this is a growth-equity theme; the index tracks cybersecurity businesses, not payout streams.
  • IHAK One theme, roughly 40 stocks. If enterprise security budgets stall, there is nowhere inside the portfolio to hide.
  • Volume is moderate rather than heavy. Less actively traded funds can carry wider bid-ask spreads, especially around the open and close.
  • Global reach cuts both ways: foreign and emerging-market holdings add currency and country risk on top of the tech cycle.

Full CIBR profile⁠

Full IHAK profile⁠

CIBR vs IHAK Holdings

How CIBR and IHAK differ

Overlap by weight

33.7%

Shared holdings make up 74.0% of IHAK and 44.3% of CIBR.

Level by level

  • Holdings19 in both33.7%
  • Countryby domicile85.0%
  • Sector3 Sectors91.7%
  • Asset classEquity100%

Sector

Sector weights in CIBR and IHAK, widest gap first
SectorMore in CIBRMore in IHAK
IndustrialsIHAK +8.3 points
TechnologyCIBR +6.1 points
CommunicationCIBR +2.2 points

Country, concentration and asset class

Country by domicile

Country weights in CIBR and IHAK, widest gap first
CountryMore in CIBRMore in IHAK
United StatesCIBR +11.2 points
IsraelIHAK +3.2 points
JapanIHAK +2.8 points
DenmarkIHAK +2.6 points
TaiwanIHAK +2.1 points
IndiaCIBR +1.9 points
FranceCIBR +1.9 points
GermanyIHAK +1.5 points
Other countries (2)IHAK +2.8 points

Concentration

Weight in the 10 largest Holdings

  • CIBR55.2%
  • IHAK52.7%

Securities held

  • CIBR45
  • IHAK35

Asset class

CIBR
Equity
IHAK
Equity

Holdings

  • Only in CIBR26
  • In both19
  • Only in IHAK16

Only in CIBR

26 securities, 55.5% of CIBR by weight

  • Cisco Systems, Inc.7.48%
  • Broadcom Inc.6.97%
  • Cloudflare, Inc. (Class A)3.64%

Only in IHAK

16 securities, 25.9% of IHAK by weight

  • Caci International Inc Class A3.98%
  • Alarm.com Holdings3.63%
  • Blackberry2.80%

Weight gaps

All 19 Holdings in both funds, largest gap first.

Holding weights in CIBR and IHAK, widest gap first
HoldingMore in CIBRMore in IHAK
Netskope, Inc. (Class A)NTSKIHAK +6.05 points
Qualys, Inc.QLYSIHAK +5.30 points
Tenable Holdings, Inc.TENBIHAK +4.89 points
CrowdStrike Holdings, Inc. (Class A)CRWDCIBR +3.91 points
Varonis Systems, Inc.VRNSIHAK +3.83 points
SentinelOne, Inc. (Class A)SIHAK +3.57 points
Palo Alto Networks, Inc.PANWCIBR +3.37 points
Fortinet, Inc.FTNTCIBR +3.36 points

All 45 CIBR holdings⁠All 34 IHAK holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

CIBR vs IHAK Cost

Overpaying CIBR vs IHAK

$2,035

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • CIBR 0.58%

    $11,453

  • IHAK 0.47%

    $9,418

$10,000
30 years

Cost over time

  • CIBR 0.58%
  • IHAK 0.47%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530CIBR $11,453IHAK $9,418

Year by year

YearCIBRIHAKOverpaying
10$1,041$847$194
20$3,986$3,261$725
30$11,453$9,418$2,035

Expense ratio

  • 0.58%CIBR
  • 0.47%IHAK, cheaper
  • Middle half of Cybersecurity funds
  • Median 0.46%

IHAK 5th cheapest of 8 funds

CIBR 7th cheapest of 8 funds

CIBR vs IHAK Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
CIBR 0.39%, better
IHAK 0.06%
Payout (12M)
CIBR $0.39
IHAK $0.04
Last payment
CIBR $0.0029
IHAK $0.0072
Ex-dividend
CIBR Sep 24, 2026
IHAK Jun 15, 2026
Paid on
CIBR Sep 30, 2026
IHAK Jun 18, 2026
Frequency
CIBR Quarterly
IHAK Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

CIBRQuarterly · 32 paymentsAll CIBR payments⁠
One bar per payment. 32 payments from 2017 to 2026 YTD. Jun 22, 2017 $0.01; Sep 21, 2017 $0.007; Dec 21, 2017 $0.005; Mar 22, 2018 $0.005; Jun 21, 2018 $0.008; Dec 18, 2018 $0.04; Jun 14, 2019 $0.02; Sep 25, 2019 $0.004; Dec 13, 2019 $0.05; Mar 26, 2020 $0.40; Jun 25, 2020 $0.03; Sep 24, 2020 $0.03; Dec 24, 2020 $0.03; Jun 24, 2021 $0.03; Dec 23, 2021 $0.28; Mar 25, 2022 $0.02; Jun 24, 2022 $0.003; Dec 23, 2022 $0.10; Jun 27, 2023 $0.05; Sep 22, 2023 $0.0088; Dec 22, 2023 $0.17; Mar 21, 2024 $0.02; Jun 27, 2024 $0.07; Sep 26, 2024 $0.01; Dec 13, 2024 $0.08; Mar 27, 2025 $0.0043; Jun 26, 2025 $0.09; Sep 25, 2025 $0.0006; Dec 12, 2025 $0.21; Mar 26, 2026 $0.11; Jun 25, 2026 $0.07; Sep 24, 2026 $0.0029. Use the arrow keys to read each point.$0$0.252017202020232026YTD
IHAKTwice a year · 14 paymentsAll IHAK payments⁠
One bar per payment. 14 payments from 2017 to 2026 YTD. Sep 24, 2019 $0.0096; Dec 16, 2019 $0.12; Jun 15, 2020 $0.11; Dec 30, 2020 $0.01; Jun 10, 2021 $0.0098; Dec 13, 2021 $0.21; Jun 9, 2022 $0.06; Dec 13, 2022 $0.02; Jun 7, 2023 $0.01; Dec 20, 2023 $0.05; Dec 17, 2024 $0.10; Jun 16, 2025 $0.0031; Dec 16, 2025 $0.04; Jun 15, 2026 $0.0072. Use the arrow keys to read each point.$0$0.252017202020232026YTD

CIBR vs IHAK Risk

Fall from peak · 5 years

  • CIBR
  • IHAK
Oct 29, 2021 to Oct 30, 2026. Worst fall: IHAK −34.4% · Oct 2022. Use the arrow keys to read each point.−30%−20%−10%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
CIBR 23.8%IHAK 20.3%, better
Return per unit of riskSharpe ratio, 3 years
CIBR 1.09, betterIHAK 1.02
Worst fallMax drawdown, 5 years
CIBR −33.9%, betterIHAK −34.4%
Market sensitivityBeta, 5 years
CIBR 1.02IHAK 0.92

CIBR and IHAK in the news

All news⁠

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