// Index Comparison

Performance windows

Constituent overlap

0 stocks held by both indices (out of 5 and 11)

ACCE Verdict

ACCE Semiconductors has crushed ACCE Cybersecurity since inception, delivering 33.28% returns versus cybersecurity's -3.14% loss, a gap of over 36 percentage points. Semiconductors also presents a superior risk profile with a 2.59 Sharpe ratio compared to cybersecurity's negative -0.13, despite running slightly higher volatility at 37% versus 42%. Both indices tap into structural technology trends, but semiconductors captures the full value chain from design to fabrication while cybersecurity focuses narrowly on zero-trust and cloud security solutions. The semiconductor index carries significantly higher beta at 2.09 versus 0.94, reflecting its amplified market sensitivity, though this has worked in investors' favor during the AI boom. Semiconductors suits aggressive growth investors willing to stomach cyclical swings for exposure to the AI infrastructure buildout. The superior Sharpe ratio and shallower maximum drawdown of 13.9% versus 24.3% make it the clear winner for risk-adjusted returns. Cybersecurity appeals to defensive tech investors seeking lower beta exposure, but the negative returns and poor risk metrics suggest this structural theme hasn't yet translated into investable performance. Growth-oriented portfolios should favor semiconductors until cybersecurity spending cycles accelerate.