Global X Cybersecurity ETFBUGDON'T BUYDec 06, 2023Stock price when the opinion was issued
As of Jun 03, 2026. Market Open.
It was -20% year to date earlier this year, and now it's +20% YTD. Sitting still was the right thing to do. Cybersecurity is a secular growth trend and investors got the chance to buy this last spring when they got scared that software would replace these stocks. This will grow. Happy to hang onto BUG.
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.