PureFunds ISE Cyber Security ETF (NYSEArca: HACK)
Exchange-traded funds offer a way to invest in a single stock that offers exposure to multiple businesses in a certain sector. This cybersecurity EFT is a good option for investors who see potential in cybersecurity but are having trouble identifying the businesses likely to be market leaders over the long term. Given that securing our personal data and our networks is a rapidly moving target, it makes a lot of sense to hedge your bets by investing across a collection of security stocks.
While this ETF has not performed particularly well – it has fallen almost 20% over the past year – it has been rising steadily for the past two months, and could likely be poised for more growth as investors recognize the promise of this ETF.
This article is brought to you courtesy of Andrea Pettis from Wyatt Research.