not vested
Best ETFs for June: Purefunds ISE Cyber Security ETF (HACK)
JuneYTD Performance: +14% vs. +2% for the S&P 500
Assets: $740 million
Expense Ratio: 0.75%, or $75 annually on every $10,000 INVESTED
Top Holdings: Cyberark Software Ltd. NASDAQ:CYBR), FireEye Inc. (NASDAQ:FEYE), Infoblox Inc. NYSE:BLOX)
It’s nice to think that technology stocks are focused solely on disrupting old norms to create great NEW BUSINESS models, but some high-flying tech players right now are very much in demand because of their ability to keep things constant and reliable — particularly in the face of cybersecurity threats.
That’s where the Purefunds Cyber Security ETF (NYSEARCA:HACK) comes in.
As America’s first cybersecurity-focused ETF, components of this fund all help BUSINESSES and consumers protect businesses, governments or consumers from fraud and abuse at the hands of hackers.
Given recent headlines and recent outperformance, it’s easy to like the TREND. But why play HACK instead of individual players?
Well, because in a high-growth area like cybersecurity, there tends to be a general run-up followed by a period of painful consolidation. And while that’s great if you’re holding a winner that gobbles up market SHARE or gets bought out for a massive premium, it stinks if you are holding one of the losers.
Play it safe and just buy the entire basked of frontrunners via HACK.
Source: Investor Place