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Leading#5 of 115 by 1M spread

Cybersecurity vs the S&P 500 (CIBR): is it outperforming?

Over the past month, CIBR has outperformed the S&P 500 by 6.5 points. Here is where that puts it in the sector rotation — updated daily.

1M spread vs SPY
+6.5 pts
Quadrant
Leading
Momentum
Mixed
RS health
Strong
Holdings P/E
95.8×

Where CIBR sits on the rotation map

Cybersecurity highlighted against the 11 broad S&P 500 sectors. Vertical: 1-month spread vs the S&P 500. Horizontal: the longer, time-shifted window — the methodology explains the math.

CIBR vs SPY: head-to-head returns

CIBR (cybersecurity) and SPY (the S&P 500) side by side over every window Zensei tracks. The spread is the difference — positive means CIBR won that window.

Window
CIBR
SPY
Spread
1 week−1.2%−0.3%−0.9 pts
2 weeks+7.6%+2.8%+4.8 pts
1 month+7.7%+1.2%+6.5 pts
3 months+45.5%+9.5%+36.0 pts
6 months+26.8%+8.5%+18.2 pts
1 year+27.2%+21.4%+5.8 pts

Data as of 2026-07-13 · computed from daily adjusted closes · how we measure

The read

Cybersecurity (CIBR) sits in the leading quadrant of the rotation map: it has decisively beaten the S&P 500 by 6.5 points over the past month, on top of a 26.9-point advantage over the longer, time-shifted window. Ranked by one-month spread, it currently stands #5 of the 115 groups Zensei tracks — inside the top tier of the market.

On the shorter tape, CIBR's momentum is mixed: the longer intraday trend is still positive, but the recent windows have gone flat. CIBR's relative-strength line — its price ratio against the S&P 500 — is trading above its moving averages, the healthiest configuration we track. The longer trend remains healthier than the recent tape suggests — the kind of divergence worth rechecking in a week.

The exposure comes via First Trust NASDAQ Cybersecurity ETF, whose 39 tracked holdings are led by PALO ALTO NETWORKS INC, FORTINET INC and CROWDSTRIKE HOLDINGS INC CLASS A. Weighted by portfolio, the fund's holdings trade at roughly 95.8× earnings and 16.6× sales. The thing to watch from here is durability: leaders that hold their one-month spread while the longer window keeps building tend to stay leaders; a fading spread is the early exit signal.

What's inside CIBR

Top 5 of 39 tracked holdings, by portfolio weight.

Holding
Weight
1M
PANWPALO ALTO NETWORKS INC
9.6%+18.1%
FTNTFORTINET INC
8.8%+9.8%
CRWDCROWDSTRIKE HOLDINGS INC CLASS A
8.3%+10.1%
CSCOCISCO SYSTEMS INC
7.8%−1.2%
AVGOBROADCOM INC
6.7%+0.7%
34 more holdings — each measured against the sector, with momentum and relative strengthUnlock with Premium

Cybersecurity vs the market — common questions

Is cybersecurity outperforming the S&P 500?

Right now, yes: over the past month CIBR has outperformed the S&P 500 by 6.5 points. This page updates daily, so the answer reflects current market data rather than a dated article.

What is CIBR?

CIBR is First Trust NASDAQ Cybersecurity ETF, the fund Zensei uses to measure the cybersecurity group against the S&P 500 benchmark (SPY).

Which stocks are in CIBR?

CIBR's largest tracked positions are PALO ALTO NETWORKS INC, FORTINET INC, CROWDSTRIKE HOLDINGS INC CLASS A, CISCO SYSTEMS INC, BROADCOM INC — 39 holdings in total. The full list, with each stock measured against the group, is part of Zensei Premium.

What quadrant is cybersecurity in right now?

As of the latest daily data, cybersecurity is in the leading quadrant — outperforming the S&P 500 on both the recent and the longer, time-shifted window. The quadrant rules are documented on the Zensei methodology page.

Related sectors

Track cybersecurity against the whole market

Zensei Edge maps 100+ sectors and themes against the S&P 500 — with the stocks inside each one, rotation history and alerts when leadership changes hands.