// Index Comparison

ACCE AI Infrastructure vs ACCE Cybersecurity

Head-to-head: performance, risk profile, and constituent overlap between two ACCE indices.

Companies building the AI compute, data, and software layer that powers artificial intelligence. This index captures firms across the AI infrastructure stack: semiconductor companies designing GPUs and AI accelerators like NVIDIA and AMD, cloud infrastructure providers scaling AI workloads, networking specialists building high-bandwidth interconnects for data centers, and AI-native software platforms enabling machine learning operations. From chips to cloud to the applications reshaping every industry, these companies form the foundation layer that makes AI possible. The index focuses on US-listed companies deriving over 30% of revenue or strategic growth from AI infrastructure, excluding pure consumer AI applications and generic enterprise software with basic AI features.

ACCE Cybersecurity →

Zero-trust adoption, cloud security, and identity protection. The cybersecurity spend cycle is structural, not cyclical.

Performance windows

Period	ACCE AI Infrastructure	ACCE Cybersecurity	Spread
1M	+31.4%	+13.0%	+18.4%
3M	+11.4%	-1.9%	+13.3%
YTD	+11.4%	-3.1%	+14.5%
1Y	+11.4%	-3.1%	+14.5%
3Y	+11.4%	-3.1%	+14.5%
5Y	+11.4%	-3.1%	+14.5%
Inception	+11.4%	-3.1%	+14.5%

ACCE AI Infrastructure — risk

Volatility 30d+30.6%

Volatility 90d+26.6%

Sharpe 90d1.30

Max drawdown-16.5%

Beta vs AIQ1.57

ACCE Cybersecurity — risk

Volatility 30d+46.2%

Volatility 90d+42.2%

Sharpe 90d-0.13

Max drawdown-24.3%

Beta vs CIBR0.94

Constituent overlap

1 stock held by both indices (out of 11 and 5)

Top sectors — ACCE AI Infrastructure

Technology70.2%

Communication Services27.6%

Consumer Cyclical2.2%

Top sectors — ACCE Cybersecurity

Technology100.0%

ACCE Verdict

ACCE AI Infrastructure has crushed cybersecurity since inception, delivering 11.39% returns versus cybersecurity's -3.14% loss, a gap of nearly 15 percentage points that underscores AI's dominance over defensive tech plays.

The risk profiles tell contrasting stories: AI Infrastructure runs at 26.55% volatility with a healthy 1.30 Sharpe ratio and manageable -16.47% drawdown, while Cybersecurity suffers from extreme 42.20% volatility, negative -0.13 Sharpe, and brutal -24.34% maximum losses despite lower beta exposure.

Both indices target structural technology shifts rather than cyclical plays, but AI Infrastructure captures the offensive growth wave reshaping computing while Cybersecurity bets on defensive spending that has yet to materialize into stock performance.

AI Infrastructure suits growth investors willing to ride higher beta exposure for superior risk-adjusted returns in the AI buildout cycle. Cybersecurity appeals to contrarian value hunters betting on an eventual turnaround in security spending, though the current risk-reward profile demands strong conviction given the volatility without corresponding returns. The data clearly favors the infrastructure play over the security angle in today's market.