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TSE:CYBR
This summary was created by AI, based on 1 opinions in the last 12 months.
Evolve Cyber Security Index ETF (CYBR-T) has been recognized as the leading cybersecurity exchange-traded fund traded on the Toronto Stock Exchange (TSX). Experts highlight its strong exposure to the cybersecurity sector, which is increasingly gaining attention due to the rising frequency and sophistication of cyber threats. The ETF offers a diversified approach for investors looking to tap into this rapidly evolving market, making it a desirable option for those interested in technology and security investments. Overall, the positive reviews suggest that CYBR-T is positioned well to benefit from sustained growth in the cybersecurity industry, making it an attractive choice for both seasoned investors and newcomers keen on this domain.
Not a big fan of ETFs, especially with cybersecurity. With the ETF, you have to very carefully look at the weightings within. Many will have overweight positions.
Cybersecurity ecosystem is so robust that you can buy the underlying stocks, rather than have someone else, for a fee, build positions for you. On top of that, you can figure out yourself entry points and price targets. Names like CRWD, FTNT, or PANW. See his Top Picks.
CYBR has assets under management of $174.74M, management fee at 0.4%, and year-to-date return of 43.3%. CYBR is also hedged to CAD so if CAD rises vs USD, an investor would be better off with the hedge. CYBR does offer an unhedged version and we typically prefer unhedged ETFs due to the difficulty of predicting currency changes and it brings a bit extra diversification. Overall though, CYBR has performed very well this year and reflects the strength of cyber security industry this year. Management fee is OK and pays a distribution yield of 0.27%. We think it is a decent exposure to the industry.
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Allan Tong’s Discover Picks CYBR is a low-vol ETF, averaging only 4,600 shares daily and charges an MER of 0.4% against a 0.17% dividend. It’s also trading at its 52-week high of $37. In other words, wait for a pullback to, say, the low-$30s to make this worth your while. Read Cybersecurity Stocks, Clean Energy Stocks and Medical Device Stocks: Little-Known Picks for our full analysis.
Evolve Cyber Security Index ETF is a Canadian stock, trading under the symbol CYBR.TO (previously CYBR-T on Stockchase) on the Toronto Stock Exchange (CYBR-CT). It is usually referred to as TSX:CYBR or CYBR.TO
In the last year, 1 stock analyst issued a Buy, Sell, or Hold rating on CYBR.TO (previously CYBR-T on Stockchase). 1 analyst recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is BUY on WEAKNESS. Read the latest stock experts' ratings for Evolve Cyber Security Index ETF.
Evolve Cyber Security Index ETF was recommended as a Top Pick by Stockchase Discover on 2020-08-18. Read the latest stock experts ratings for Evolve Cyber Security Index ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Evolve Cyber Security Index ETF.
Evolve Cyber Security Index ETF is followed by 75 investors on Stockchase and is a trending stock that is worth watching.
On 2026-06-19, Evolve Cyber Security Index ETF (CYBR.TO) stock closed at a price of $65.50.
Cybersecurity ETF that trades on the TSX. Good exposure to the sector.