Home > Boards > Free Zone > Industry Specific > Cybersecurity Sector Ideas

>>> Cyber Security ETFs to Thrive in the

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
gfp927z Member Profile
 
Followed By 63
Posts 24,134
Boards Moderated 74
Alias Born 03/22/05
160x600 placeholder
Real-Estate Stocks Trade Higher After Court Scraps Berlin Rent Cap
Shares of real-estate companies in Germany rose on Thursday, after a court decided the law capping rents in the country's capital was unconstitutional.
Unemployment Claims Likely Fell as Covid-19 Recovery Picked Up
Covid-19 Stimulus, Vaccinations Likely Spurred March Retail Sales Surge
Barclays Stock Surges With Investment-Banking Rebound
Stock Futures Rise Ahead of Another Volley of Earnings
Airbus Signs Fleet-Support Contract With Egyptian Air Force
German Court Strikes Down Berlin Rent Cap; Vonovia Won't Collect Foregone Rent -- Update
The Dollar's Sliding Share in Global Currency Reserves is a Red Herring -- Heard on the Street
Heineken Pledges Carbon Neutrality by 2040
Lockdown Seen Delaying Recovery of German Economy But Strong Recovery Ahead
Vonovia Won't Collect Foregone Rents After German Court Ruling
U.S. Stock Futures Tick Higher Ahead of Another Volley of Earnings Reports
Top Company News of the Day
Main indicators
Germany March Consumer Prices Rose in Line With Forecasts -- Update
Germany March Consumer Prices Rose in Line With Forecasts
Royal Dutch Shell plc Notice Of 2021 Agm And Shell Energy Transition Strategy
Novartis Enters Agreement With Roche on Production of the Latter's Drug
GlaxoSmithKline Stops Enrolling Patients in Feladilimab Cancer Trial
ABB Raises 2021 Revenue Outlook After Stronger-Than-Expected 1Q
ABB Issues Trading Update Following Better-Than-Anticipated Performance in Q1
U.S. to Sanction Russia, Expel Diplomats Over Alleged Election Interference, Hacking
gfp927z   Saturday, 05/23/20 01:02:32 AM
Re: None
Post # of 33 
>>> Cyber Security ETFs to Thrive in the Virus-Hit Economy


Zacks

by Sanghamitra Saha

April 9, 2020


https://finance.yahoo.com/news/cyber-security-etfs-thrive-virus-170005956.html


With the coronavirus outbreak infecting around 1.5 million worldwide, a third of the global population is now under lockdown. This has resulted in an unprecedented rise in Internet usage due to work-and-learn-from-home, online retailing of daily essentials, mobile payments to avoid contact transactions and socializing (read: Rising Work-From-Home Trend to Boost 5 Industries & ETFs).

Now, the rampant usage of Internet has raised the risks of cyber threats. In case of work-from-home, proprietary business data is being accessed from personal computers and laptops that may not have the same level of security as in-office setups.

Hackers have already started taking advantage of the coronavirus panic. There have been “phishing efforts by sending out emails designed to look as if they’re official notices from the World Health Organization.”

Then there are email fraudsters who are misguiding executives to transfer money to finance vendors, operations and virus-related-response activities. The FBI too cautioned about increased phishing schemes, specifically business email compromise (BEC).

Public-sector organizations are facing massive problems, per mckinsey. The Mckinsey report added that a big government entity in North America suffered a distributed denial-of-service during this phase. Also, a major hospital in Europe faced a cyberattack that “forced it to suspend scheduled operations, shut down its IT network, and move acute-care patients to another facility.”

To combat such threats, an international group of nearly 400 volunteers has been formed with expertise in cybersecurity at major companies like Microsoft MSFT and Amazon AMZN. The prime motto of the group would be to protect “hacks against medical facilities and other frontline responders to the pandemic.” Michael Sentonas, Global CTO of CrowdStrike CRWD said that “crisis management and incident response plans need to be executable by a remote workforce.”

No wonder, cyber security stocks are good bets for Q2. Below we highlight a few cyber-security ETFs that should be closely tracked during the pandemic (read: 6 Industries & Their ETFs to Protect You from Virus in Q2).

iShares Cybersecurity and Tech ETF (IHAK)

The underlying NYSE FactSet Global Cyber Security Index comprises developed and emerging market companies involved in cyber security and technology, including cyber security hardware, software, products and services. Citrix, Docusign and Akamai Technologies are the top three holdings of the fund.

The fund charges 47 bps in fees. The United States takes about 78.7% of the fund followed by Israel (11.6%). The fund is down 3% in the past month compared with 10.5% decline in the S&P 500 and an 8% drop in the Nasdaq (as of Apr 7).

ETFMG Prime Cyber Security ETF HACK

The underlying Prime Cyber Defense Index utilizes a rules-based investment methodology to select a diverse group of companies actively involved in the cyber security industry. The 54-holdings fund charges 60 bps in fees. Cisco, Cloudflare and Akami are the top three holdings of the fund. HACK has lost 7.6% in the past month.

First Trust NASDAQ CEA Cybersecurity ETF CIBR

The underlying Nasdaq CTA Cybersecurity Index tracks the performance of companies engaged in the cybersecurity segment of the technology and industrials sectors. It charges 60 bps in fees. The fund has declined 6.5% in the past month (read: Solid Q4 Earnings Power Cybersecurity ETFs).

<<<





Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences