CIBR

The First Trust NASDAQ Cybersecurity ETF (CIBR) invests almost entirely in equity securities of companies classified as cybersecurity firms, primarily U.S.‑based but with modest exposure to Israel, Europe and Asia‑Pacific. It follows a rules‑based, liquidity‑weighted approach that seeks to replicate the Nasdaq CTA Cybersecurity Index, requiring constituents to meet minimum market‑cap and free‑float thresholds and applying caps to limit any single holding’s weight. By concentrating on the cybersecurity segment of the technology and industrial sectors, the fund offers thematic exposure to firms developing software, services, hardware and infrastructure that protect digital assets. It is suited to investors who want a focused, growth‑oriented allocation to the cyber‑security industry and are comfortable with the sector’s concentration risk within a diversified portfolio.