First Trust Exchange-Traded Fund II First Trust NASDAQ Cybersecurity ETF
Snapshot*
Top 10 Holdings
What is CIBR?
The First Trust NASDAQ Cybersecurity ETF is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an equity index called the Nasdaq CTA Cybersecurity Index. The Nasdaq CTA Cybersecurity Index is designed to track the performance of companies engaged in the cybersecurity segment of the technology and industrials sectors. It includes companies primarily involved in the building, implementation, and management of security protocols applied to private and public networks, computers, and mobile devices in order to provide protection of the integrity of data and network operations. To be included in the index, a security must be listed on an index-eligible global stock exchange and classified as a cybersecurity company as determined by the Consumer Technology Association (CTA). Each security must have a worldwide market capitalization of $250 million, have a minimum three-month average daily dollar trading volume of $1 million, and have a minimum free float of 20%. The index is evaluated semi-annually in March and September, but if at any time during the year other than the evaluation, an index security no longer meets the eligibility criteria, or is otherwise determined to have become ineligible for inclusion in the index, the security is removed from the index and is not replaced. Any index security that reaches its foreign investment limit between quarterly rebalances is removed from the index. The index employs a modified liquidity weighted methodology which includes caps on the percentage of any individual security to derive the final weights of the securities. The index is rebalanced quarterly.
CIBRPerformance Measures**
for the time period Jul 7, 2015 to Jul 21, 2026
1M Trailing Return: 8.5%
The percent change in the value over the most recent 1-month period.
3M Trailing Return: 33.2%
The percent change in the value over the most recent 3-month period.
Max Drawdown: -33.9%
The greatest percent loss from peak to trough in value over the time period.
Standard Deviation: 23.5%
The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.
Sharpe Ratio: 0.72
The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.
Calmar Ratio: 0.45
The annualized return divided by the max drawdown for the selected time period.
ETFs related toCIBR
ETFs correlated to CIBR include HACK, IHAK, BUG
What is ETF correlation?
Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.
Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.
Using ETF correlations in portfolio and strategy construction
ETF correlations can help you create investing strategies and portfolios. Use them to:
- •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
- •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
- •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.
Trading Strategies
Related toCIBR
Vamsi's smooth curve low drawdown Combo
Category
Multi-asset rotation, trend and mean reversion, volatility hedging, leveraged ETFs, managed futures (KMLM), bonds/gold, sector rotation
OOS Cumulative Return
2.23%
Create your own algorithmic trading strategy with CIBR using Composer
FAQ
Disclaimers
We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.
We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.