The ETF tracks the Nasdaq CTA Cybersecurity Index, which is designed to gauge the performance of cybersecurity companies within the technology and industrials sectors. Each of the fund’s holdings must be classified as a cybersecurity company by the Consumer Technology Association, have a minimum market capitalization of $250 million, and meet certain liquidity requirements. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system.
BUG tracks the Indxx Cybersecurity Index, which gauges the performance of several dozen companies that operate within the cybersecurity industry. BUG focuses on cybersecurity growth stocks across the market cap spectrum. 65% of its holdings are U.S. companies, with the remaining 35% spread across Israel, Britain, Japan, South Korea, and Canada. MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock.
Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more. BUG stock was purchased by a variety of institutional investors in the last quarter, including Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management , Kestra Advisory Services LLC, Cutler Group LP, Essex LLC, Commonwealth Equity Services LLC, Congress Park Capital LLC, Advisors Management Group Inc. The Global X Cybersecurity ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Cybersecurity Index. Growth funds invest in rapidly expanding companies that typically do not pay dividends but reinvest excess capital to fuel further growth.
Best Cybersecurity Etfs For Q2 2022
The ETFMG Prime Cyber Security ETF seeks investment results that correspond generally to the price and yield, before fund fees and expenses, of the Prime Cyber Defense Index. Morningstar is an investment research firm offering investors independent research, ratings, and tools. Its top three holdings are Check Point Software Technologies Ltd. , which develops and markets information technology security hardware and software solutions; Palo Alto Networks; and Fortinet Inc. , a provider of enterprise security solutions. The cybersecurity sector, as measured by the S&P Kensho Cyber Security Index, has outperformed the broader market over the past 12 months, with a total return of 17.8% compared to the S&P 500’s total return of 14.9%, as of March 2, 2022. The global cybersecurity market is expected to expand at a healthy compound annual growth rate of 10.9% through 2028, as cybercrime and cyberattacks affect more individuals, companies, and governments.
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Annualized return is the average return gained or lost by an investment each year over a given time period. The realm of cybersecurity extends far beyond personal computers, reaching an ever-multiplying number of devices and applications. BUG invests accordingly, cutting across traditional sector and geographic definitions. The S&P 500 Index (Standard & Poor’s 500 Index) is a market-capitalization-weighted index of the 500 largest publicly traded companies in the U.S. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech and strategic finance in top universities. She has been an investor, entrepreneur, and advisor for more than 25 years.
Global X Management Company LLC makes no representations, warranties, endorsements, or recommendations regarding any broker, advisor, or other financial intermediary, nor are we affiliated with these entities. By clicking the links above you are leaving GlobalXETFs.com and visiting a third-party website. Global X Management Company LLC is not responsible for the contents of third-party websites. Your browser will redirect to your requested content shortly. The offers that appear in this table are from partnerships from which Investopedia receives compensation. Investopedia does not include all offers available in the marketplace.
More than three-quarters of IHAK’s holdings are based in the United States, with the rest based in Israel, Japan, Taiwan, and a few other countries. The fund’s top holdings are Check Point Software Technologies; Citrix Systems Inc. , which designs, develops, and markets information technology solutions; and Fortinet Inc., described above. Global X Cybersecurity ETF saw a increase in short interest in the month of May. As of May 3rd, there was short interest totaling 0 shares, an increase of NaN from the April 18th total of 0 shares. Based on an average daily trading volume, of 423,448 shares, the short-interest ratio is currently 0.0 days. An exchange-traded fund is a basket of securities that tracks an underlying index.
- The fund’s top holdings are Check Point Software Technologies; Citrix Systems Inc. , which designs, develops, and markets information technology solutions; and Fortinet Inc., described above.
- Top institutional shareholders include Mivtachim The Workers Social Insurance Fund Ltd.
- Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with Indxx.
- Global X Management Company LLC is not responsible for the contents of third-party websites.
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The comments, opinions, and analyses expressed herein are for informational purposes only and should not be considered individual investment advice or recommendations to invest in any security or adopt any investment strategy. Though we believe the information provided herein is reliable, we do not warrant its accuracy or completeness. The views and strategies described in our content may not be suitable for all investors. Because market and economic conditions are subject to rapid change, all comments, opinions, and analyses contained within our content are rendered as of the date of the posting and may change without notice. The material is not intended as a complete analysis of every material fact regarding any country, region, market, industry, investment, or strategy.
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Global X Cybersecurity ETF has a market capitalization of $1.28 billion. By subscribing to email updates you can expect thoroughly researched perspectives and market commentary on the trends shaping global markets. Topics may span disruptive tech, income strategies, and emerging economies. Global X Management Company LLC serves as an advisor to Global X Funds.
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The premiums and discounts for funds with significant holdings in international markets may be less accurate due to the different closing times of various international markets. Because the Funds trade during U.S. market hours while the underlying securities may not, the time lapse between the markets can result in differences between the NAV and the trading price. Investors seeking to profit from this trend may consider owning a wide spectrum of cybersecurity stocks through exchange-traded funds . High short-term performance of the Fund, when observed, is unusual and investors should not expect such performance to be repeated.
The cybersecurity exchange-traded funds with the best one-year trailing total returns are CIBR, BUG, and IHAK. Global X Cybersecurity ETF’s stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management (5.24%), Kestra Advisory Services LLC (0.41%), Essex LLC (0.33%), Zimmermann Investment Management & Planning LLC (0.33%), Commonwealth Equity Services LLC (0.17%) and Advisor Group Holdings Inc. (0.17%). The Prime Cyber Defense Index utilizes a rules-based investment methodology to select a diverse group of companies actively involved in the cyber security industry. Blockchain exchange-traded funds facilitate real-time trading on a basket of blockchain-based stocks.
The Funds are distributed by SEI Investments Distribution Co. , which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Indxx, nor does Indxx make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with Indxx. Cybersecurity is a persistent global concern, affecting both public and private sector entities seeking to protect against the increased risk of ransomware attacks and other online threats. Please log in to your account or sign up in order to add this asset to your watchlist.
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Since 1988 it has more than doubled the S&P 500 with an average gain of +25.08% per year. These returns cover a period from January 1, 1988 through April 4, 2022. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return.
View our full suite of financial calendars and market data tables, all for free. Global X Cybersecurity ETF pays an annual dividend of $0.09 per share and currently has a dividend yield of 0.32%. Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Cumulative return is the aggregate amount that an investment has gained or lost over time.
Sign-up to receive the latest news and ratings for Global X Cybersecurity ETF and its competitors with MarketBeat’s FREE daily newsletter. The MSCI Emerging Markets Index was created by Morgan Stanley Capital International and is designed to measure performance in emerging markets. Below, we examine the three best cybersecurity ETFs for the second quarter of 2022. The cybersecurity industry has outperformed the broader market in the past year.
Best Ai Etfs For Q2 2022
IHAK tracks the NYSE FactSet Global Cyber Security Index, which is composed of cybersecurity and technology stocks in developed and emerging markets. Its goal is to invest in a blend of multi-cap companies at the forefront of cybersecurity innovation that cybersecurity stocks 2022 have long-term growth potential. To be included in this fund’s portfolio, companies must derive 50% or more of their revenue from the cybersecurity and technology industry. CIBR is a multi-cap growth fund targeting U.S.-listed cybersecurity stocks.
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Real-time analyst ratings, insider transactions, earnings data, and more. Global X Cybersecurity ETF declared a Semi-Annual dividend on Wednesday, December 29th. Stockholders of record on Friday, December 31st will be paid a dividend of $0.209 per share on Friday, January 7th. This is a boost from Global X Cybersecurity ETF’s previous Semi-Annual dividend of $0.02. Global X Cybersecurity ETF’s stock was trading at $14.02 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization . Since then, BUG stock has increased by 107.5% and is now trading at $29.09.
Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in oureditorial policy. Forbes says… NFTs are the single greatest technological development for creators since the advent of the Internet – and in 2022 they’ll grow by 1000%. Check out these 3 NFT stocks well positioned to deliver high upside to investors over the next 12 to 18 months.
Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.
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