$CIBR vs $HACK: Weighing Two Cybersecurity ETFs Key Takeaways Both ETFs provide targeted exposure to the cybersecurity theme through passive indexing strategies, but CIBR offers broader diversification with roughly twice as many holdings as HACK. CIBR tracks the Nasdaq CTA Cybersecurity Index and maintains a net expense ratio of 0.58%, while HACK follows the Nasdaq ISE Cyber Security Select Index at 0.60%. Top holdings overlap significantly in pure-play cybersecurity names such as PANW, CRWD, and FTNT, yet HACK incorporates a higher allocation to defense contractors including NOC and GD.