Opinions
Mike Philbrick
Horizons GX Cybersecurity Index ETF
HBUG-T
TRADE
Jun 27, 2022
The currency is part of the liquidity situation. It is worth it because it is in cyber security, a high growth industry. He doesn't know of another ETF in this area.
$21.640
Stock price when the opinion was issued
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COMMENT
HBUG-T is outperforming QQQ because of currency/foreign exchange. He can't recommend an alternative to HBUG, but you could withstand the low liquidity in this. Rather, the challenge are the long-duration assets it holds. So if rates keep rising, these sectors will struggle. Then again, this cybersecurity is high-growth.
E.T.F.'s
PARTIAL BUY
Canadian cybersecurity ETF choices include CYBR and HBUG, which tracks BUG. Different levels of volatility. Equal weight ones will have higher highs and lower lows. Market-cap weighted ones will ride the trend more smoothly. See which aligns with your risk profile, and be careful of position size.
E.T.F.'s