A long term theme for him. Indifferent to the individual ETF. You should understand that cyber security is a critical growth area as the world digitizes. You should keep buying into the dips.
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.
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Has long owned cybersecurity stocks which will enjoy secular growth. She likes BUG for its cap weighting, not equal.