Larry Berman CFA, CMT, CTA Global X Cybersecurity ETF BUG-Q BUY ON WEAKNESS May 17, 2021

The space responds a lot to headline risk. Cyberhacks generate trading activity and those stocks get a pop. Growing industry. Demand has whipsawed around. Risky. Alternatives in Canada include CYBR and HBUG.

There's a secular tailwind for cybersecurity but who this ETF avoids huge downturns in a single name, like CRWD who caused that tech outage, though won't enjoy the huge gains of a stock either. Prefers to play cyber this way.

Has long owned cybersecurity stocks which will enjoy secular growth. She likes BUG for its cap weighting, not equal.