Evolve Cyber Security Index ETF (CYBR-T)
TSE:CYBR
52.21
0.19
(0.36%) 1d
Financials
Technical Analysis
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The Evolve Cyber Security Index ETF (CYBR-T) has garnered mixed feedback from experts in the field. One review highlights its potential as a strong option for those looking to invest in the burgeoning cybersecurity sector, suggesting it suits investors who prefer a hands-off approach while recognizing the increasing importance of cybersecurity as a theme. However, another expert expresses skepticism toward ETFs, particularly in the cybersecurity space, due to concerns about weighting and potential overreliance on specific stocks. This expert advocates for direct investment in individual stocks within the cybersecurity ecosystem, suggesting that discerning investors can better control entry points and price targets through direct stock purchases. With a growing market and robust ecosystem, the choice between the ETF and individual stocks ultimately depends on investor preferences and strategies towards portfolio management.
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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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.
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(CYBR-T) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 2
Evolve Cyber Security Index ETF(CYBR-T) Frequently Asked Questions
What is Evolve Cyber Security Index ETF stock symbol?
Evolve Cyber Security Index ETF is a Canadian stock, trading under the symbol CYBR-T on the Toronto Stock Exchange (CYBR-CT). It is usually referred to as TSX:CYBR or CYBR-T
Is Evolve Cyber Security Index ETF a buy or a sell?
In the last year, 2 stock analysts published opinions about CYBR-T. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Evolve Cyber Security Index ETF.
Is Evolve Cyber Security Index ETF a good investment or a top pick?
Evolve Cyber Security Index ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for Evolve Cyber Security Index ETF.
Why is Evolve Cyber Security Index ETF stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Evolve Cyber Security Index ETF worth watching?
2 stock analysts on Stockchase covered Evolve Cyber Security Index ETF In the last year. It is a trending stock that is worth watching.
What is Evolve Cyber Security Index ETF stock price?
On 2025-03-21, Evolve Cyber Security Index ETF (CYBR-T) stock closed at a price of $52.21.
If want sector theme in cyber security - can be a good option. Depends on investor portfolio weighting. Likes the ETF and the overall direction of the cyber security sector (becoming more and more important). Best option for most people who don't have the time to research specific companies.