Do CIBR and PAVE hold the same stocks?

By their latest filings, 0% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, CIBR or PAVE?

CIBR has 61% of its weight in S&P 500 names and PAVE has 62%, so PAVE differs more from the index.

Which is cheaper, CIBR or PAVE?

CIBR charges 0.58% a year and PAVE charges 0.47%, so PAVE is cheaper. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Thematic ETFs

CIBR vs PAVE: Holdings Overlap & Returns

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Over the year to Oct 28, 2026, CIBR returned +39.0% to PAVE's +11.4%; 0% of their weight is in the same names.

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Net assets: $19.0bn on Oct 27, 2026 for First Trust NASDAQ Cybersecurity ETF, and $13.6bn on Oct 12, 2026 for Global X U.S. Infrastructure Development ETF.

CIBR on its own →PAVE on its own →

At a glance

60.8%

CIBR in the S&P 500

62.1%

PAVE in the S&P 500

+39.0%

CIBR total return, 1 year

+11.4%

PAVE total return, 1 year

CIBR · 1 year to Oct 28, 2026 39% of its weight is outside the S&P 500

61% of CIBR's weight is in S&P 500 companies and 39% is outside the index. Holdings as of Oct 27, 2026.

PAVE · 1 year to Oct 28, 2026 38% of its weight is outside the S&P 500

62% of PAVE's weight is in S&P 500 companies and 38% is outside the index. Holdings as of May 31, 2026.

Pair scorecard

PAVE costs 0.11 points a year less; their one-year returns differ by 27.6 points; CIBR is 1.4 times larger.

CIBR vs PAVE: Holdings Overlap & Returns
Measure	CIBR	PAVE
Return
Measure	CIBR	PAVE
Total return, 1 year	+39.0%	+11.4%
Drawdown
Measure	CIBR	PAVE
Below its all-time high		10.9%, high on Jun 25, 2026
Benchmark
Measure	CIBR	PAVE
What it tracks	Cybersecurity	Infrastructure
Cost and size
Measure	CIBR	PAVE
Expense ratio	0.58%	0.47%
Net assets, as of Oct 12, 2026	$18.7bn	$13.6bn
Holdings
Measure	CIBR	PAVE
Holdings in common	0%

ETFIQ S&P 500 Difference Score · PAVE scores higher How much of its weight does it not share with the S&P 500?

IQ Themes Score61.2CIBR79.9PAVE

How different its holdings are from the S&P 500, ranked against 112 thematic ETFs with at least half their money in S&P 500 companies. 100 is best. How it is computed

CIBR 61.2

PAVE 79.9

0.4, the lowest in this set 99.6, the highest

A percentile among the 112 thematic ETFs with at least half their money in S&P 500 companies. Weight not shared with the S&P 500 only; it says nothing about returns, fees or whether the theme pays off. All thematic ETFs ranked by it →

Holdings in common uses holdings dated May 31, 2026 and Oct 27, 2026. Method

Risk and return

Mar 17, 2017 to Oct 23, 2026 · 501 weekly returns

CIBR PAVE

Return

Total return edge CIBR +416.0% +267.9%

Annualized edge CIBR +18.6% +14.5%

Price return edge CIBR +392.7% +246.3%

Risk

Volatility edge Tie 24.5% 24.0%

Max drawdown edge CIBR −33.9% −42.2%

Risk-adjusted

Sharpe edge CIBR 0.71 0.58

Sortino edge CIBR 1.08 0.84

Calmar edge CIBR 0.55 0.34

Reading

CIBR returned more: +416.0% to +267.9%. CIBR and PAVE swung about the same: 24.5% and 24.0%. CIBR fell less at its worst: −33.9% to −42.2%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: CIBR vs PAVE: Holdings Overlap & Returns
Measure	CIBR	PAVE	Edge	How it is measured
Return
Total return	+416.0%	+267.9%	CIBR	Price change plus distributions, reinvested.
Annualized	+18.6%	+14.5%	CIBR	Total return as a yearly rate.
Price return	+392.7%	+246.3%	CIBR	Price change alone, distributions left out.
Risk
Volatility	24.5%	24.0%	Tie	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	16.2%	16.5%	Tie	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−33.9%	−42.2%	CIBR	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.71	0.58	CIBR	Return above Treasury bills per unit of volatility.
Sortino	1.08	0.84	CIBR	Return above Treasury bills per unit of downside deviation.
Calmar	0.55	0.34	CIBR	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 501 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, CIBR and PAVE hold 0% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first CIBR PAVE

Only in one fund ↓

Only in CIBR

CrowdStrike Holdings, Inc. (Class A) 8.46%

Fortinet, Inc. 7.89%

Palo Alto Networks, Inc. 7.66%

Cisco Systems, Inc. 7.35%

Broadcom Inc. 6.74%

Okta, Inc. 4.49%

Zscaler, Inc. 4.41%

Cloudflare, Inc. (Class A) 3.92%

Only in PAVE

QUANTA SERVICES, INC. 4.18%

CSX Corporation 3.48%

EATON CORPORATION PUBLIC LIMITED COMPANY 3.30%

HOWMET AEROSPACE INC. 3.27%

TRANE TECHNOLOGIES PLC 3.19%

UNION PACIFIC CORPORATION 3.12%

NUCOR CORPORATION 3.10%

ROCKWELL AUTOMATION, INC. 2.92%

Check overlap with more funds →

Window by window

Window by window: CIBR vs PAVE: Holdings Overlap & Returns
	Total return
Window	CIBR	PAVE
3 months	+21.5%	−3.0%
6 months	+59.2%	−3.1%
1 year	+39.0%	+11.4%
3 years	+149.7%	+92.8%
Since launchNot the same days: CIBR Jul 2015 · PAVE Mar 2017	+472.8%	+284.2%

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Side by side

CIBR First Trust NASDAQ Cybersecurity ETF · Holds 45 stocks in cybersecurity, 61% of its weight in S&P 500 companies PAVE Global X U.S. Infrastructure Development ETF · Holds 100 stocks in infrastructure, 62% of its weight in S&P 500 companies

Issuer First Trust Global X

Theme Cybersecurity Infrastructure

In the S&P 500 60.8% 62.1%

Active share vs the S&P 500 90.9% 97.2%

In the Nasdaq-100 48.3% 6.2%

Holdings 45 100

Top ten, share of the fund 57.4% 32.3%

Expense ratio 0.58% 0.47%

Fee for the differing part 0.64% 0.48%

Total return, 1 year +39.0% +11.4%

vs its benchmark not measured not measured

Below its high −1.9% −10.9%

Net assets, CIBR as of Oct 27, 2026 and PAVE as of Oct 12, 2026 $19.0bn $13.6bn

As of Oct 28, 2026. Source: ETFIQ.

0% of the two portfolios are the same securities at the same weight.

Client brief

No client brief for this pair: the two funds' holdings are dated 149 days apart.

Alert

About each fund

CIBR

By weight, 61% of CIBR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 91%. The top ten holdings are 57% of the fund across 45 positions, as published by its issuer for Oct 27, 2026. Over the year to Oct 28, 2026 the fund returned +39.0% with distributions reinvested.

PAVE

By weight, 62% of PAVE's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 97%. The top ten holdings are 32% of the fund across 100 positions, as filed for May 31, 2026. Over the year to Oct 28, 2026 the fund returned +11.4% with distributions reinvested. It sits 10.9% below its all-time high of Jun 25, 2026.

Questions people ask

Do CIBR and PAVE hold the same stocks?: By their latest filings, 0% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, CIBR or PAVE?: CIBR has 61% of its weight in S&P 500 names and PAVE has 62%, so PAVE differs more from the index.
Which is cheaper, CIBR or PAVE?: CIBR charges 0.58% a year and PAVE charges 0.47%, so PAVE is cheaper. Fees come from each fund's prospectus.

Other comparisons

CIBR vs IGF CIBR vs IFRA CIBR vs IGV CIBR vs ITA PAVE vs SOXX PAVE vs COPX PAVE vs SMH PAVE vs XME

Where to next

CIBR on its own →PAVE on its own →CIBR dividend history →CIBR holdings →PAVE dividend history →PAVE holdings →Method →Standards and sources →

Sources and dates

CIBR filings on SEC EDGAR ↗

CIBR prospectus with the expense ratio (SEC) ↗

First Trust page for CIBR ↗

PAVE filings on SEC EDGAR ↗

PAVE prospectus with the expense ratio (SEC) ↗

Global X page for PAVE ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, CIBR against PAVE, data as of Oct 28, 2026. https://etfiq.com/compare/themes/cibr-vs-pave

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.