Data as of Oct 28, 2026.
CIBR vs PPA: Holdings Overlap & Returns
Over the year to Oct 28, 2026, CIBR returned +39.0% to PPA's −0.2%; 2% of their weight is in the same names.
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Net assets on Oct 27, 2026: $19.0bn for First Trust NASDAQ Cybersecurity ETF and $7.4bn for Invesco Aerospace & Defense ETF.
61% of CIBR's weight is in S&P 500 companies and 39% is outside the index. Holdings as of Oct 27, 2026.
77% of PPA's weight is in S&P 500 companies and 23% is outside the index. Holdings as of Oct 27, 2026.
Pair scorecard
Both cost 0.58% a year; their one-year returns differ by 39.2 points; CIBR is 2.6 times larger.
Points (pts) are percentage points.
| Measure | CIBR | PPA |
|---|---|---|
| Return | ||
| Total return, 1 year | +39.0% | −0.2% |
| Drawdown | ||
| Below its all-time high | 14.5%, high on Mar 2, 2026 | |
| Against its benchmark | ||
| What it tracks | Cybersecurity | Defense |
| Against the S&P 500, 1 year | behind by 13.9 pts | |
| Its benchmark, total return, 1 year | +13.7% | |
| Against its benchmark, 1 year | behind by 13.9 pts | |
| Cost and size | ||
| Expense ratio | 0.58% | 0.58% |
| Net assets, as of Oct 27, 2026 | $19.0bn | $7.4bn |
| Holdings | ||
| Holdings in common | 2% | |
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
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 Oct 27, 2026. Method
Risk and return
Jul 17, 2015 to Oct 23, 2026 · 588 weekly returnsCIBR returned more: +450.4% to +371.2%. PPA swung slightly less: 21.5% to 23.7%. CIBR fell less at its worst: −33.9% to −41.9%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | CIBR | PPA | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +450.4% | +371.2% | CIBR | Price change plus distributions, reinvested. |
| Annualized | +16.3% | +14.7% | CIBR (slight) | Total return as a yearly rate. |
| Price return | +417.9% | +325.1% | CIBR | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 23.7% | 21.5% | PPA (slight) | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 15.9% | 14.7% | PPA (slight) | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −33.9% | −41.9% | CIBR | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.66 | 0.64 | CIBR (slight) | Return above Treasury bills per unit of volatility. |
| Sortino | 0.99 | 0.94 | CIBR (slight) | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.48 | 0.35 | CIBR | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 588 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, CIBR and PPA hold 2% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.
half
2% in common
Only in one fund ↓
Window by window
| Total return | vs its benchmark | |||
|---|---|---|---|---|
| Window | CIBR | PPA | CIBR | PPA |
| 3 months | +21.5% | −7.2% | not measured | −13.3 pts vs IVV |
| 6 months | +59.2% | −3.0% | not measured | −12.1 pts vs IVV |
| 1 year | +39.0% | −0.2% | not measured | −13.9 pts vs IVV |
| 3 years | +149.7% | +102.1% | not measured | +6.7 pts vs IVV |
| Since launchNot the same days: CIBR Jul 2015 · PPA Oct 2005 | +472.8% | +1,190.0% | not measured | not measured |
Side by side
As of Oct 28, 2026. Source: ETFIQ.
2% of the two portfolios are the same securities at the same weight.
CIBR and PPA are built for the same job. How do they differ in cost, holdings and results?
- Theme. CIBR covers Cybersecurity and PPA covers Defense.
- What each follows. CIBR follows Cybersecurity and PPA follows Defense.
- Holdings in common. 2% of the weight is in the same securities (holdings dated Oct 27, 2026).
Data as of Oct 28, 2026.
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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.
PPA
By weight, 77% of PPA's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 96%. The top ten holdings are 61% of the fund across 70 positions, as published by its issuer for Oct 27, 2026. Over the year to Oct 28, 2026 the fund returned −0.2% with distributions reinvested against +13.7% for its benchmark, the S&P 500 Index, so a holder was behind by 13.9 pts. It sits 14.5% below its all-time high of Mar 2, 2026.
Questions people ask
- Do CIBR and PPA hold the same stocks?
- By their latest filings, 2% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
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 PPA, data as of Oct 28, 2026. https://etfiq.com/compare/themes/cibr-vs-ppa
ETFIQ. (Oct 28, 2026). CIBR against PPA. Retrieved from https://etfiq.com/compare/themes/cibr-vs-ppa
[CIBR against PPA (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/themes/cibr-vs-ppa)
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