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  5. CIBR: Would you purchase these etf's today at these levels? [First Trust NASDAQ CEA Cybersecurity ETF]
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Q: Would you purchase these etf's today at these levels?How much upside do you see for each of them?
Thank you
Asked by John on December 09, 2025
5i Research Answer:

CIBR focuses on cybersecurity stocks, and we think that sector is one of the 'easier' calls right now. AI will likely see a massive increase in fraud, and security companies are going to see lots of demand, we believe. Three year annualized return of the ETF is more than 23%. The market needs to co-operate, but we might expect returns in the 15% or more range for a few years. We would be fine buying. 

XBB is a basic, diversified Canadian bond fund. 3-year is 3.11%. It should do better as rates fall, but we would not expect miracles here. We might target 5% total returns, and would be fine buying this for bond exposure.

CIF is a global infrastructure fund, and the sector is benefiting from government spending and investor interest. 3-year is 22.4%. Fees are on the high side here at 0.72%. Still, we think the sector outlook remains good and we would be fine buying, with an expected return in the 10%+ range.