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Investor Insights

This summary was created by AI, based on 3 opinions in the last 12 months.

The experts have mixed opinions on CYBR-T. One expert is not a fan of ETFs, especially with cybersecurity, and suggests buying the underlying stocks directly. Another expert provides details on CYBR's performance, assets under management, and management fee, and considers it a decent exposure to the industry. A third expert compares CYBR to another Canadian cybersecurity ETF and advises investors to align with their risk profile and be mindful of position size.

Consensus
Mixed
Valuation
Fair Value
Similar
CRWD, CRWD-T
DON'T BUY

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.

E.T.F.'s
BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

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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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
PARTIAL BUY
It's the largest cybersecurity ETF in Canada and charges the lowest MER. Cybersecurity growth is exploding. But these types of stocks are not at a bottom. Better to nibble and dollar-cost average.
E.T.F.'s
COMMENT
These are good ETFs for the cybersecurity theme. Thinks that they will be more and more important in the future. Should have some cybersecurity in your portfolio for the next decade. Good for longterm, could hold for the next 10 years. Probably the most needed area of technology.
E.T.F.'s
BUY
Less liquid than the US version, but a good ETF for smaller investors that don't need as much liquidity. Cyber security is a thematic play and you need to accumulate on the pullbacks. Sell into strength and buy in a pullback.
E.T.F.'s
BUY ON WEAKNESS
Owns CYBR. Not a huge bet at the moment, and there are big multiples in this name. Added in the recent weakness. More and more investment in protecting tech now.
E.T.F.'s
BUY ON WEAKNESS
Certainly a growing sector that will become more and more important. Recently started adding to this sector's exposure. With the recent correction, it is a good moment to add to your position.
E.T.F.'s
BUY
The field has huge amounts of growth in it. This was Canada's first cyber security ETF. Cyber crime is expected to continue to grow. A leader in the space.
E.T.F.'s
BUY
Rather than owning individual companies, an ETF would be an acceptable way to participate in the cybersecurity area. It's a sector investors need to be in.
E.T.F.'s
BUY ON WEAKNESS
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.
E.T.F.'s
BUY ON WEAKNESS
As the world moves into digital money, cyber security will be more and more important. Short term, it is over-bought but when there are dips, you should buy. Multiples are quite high, so when the multiple contracts, buy in. A big trend for decades to come.
E.T.F.'s
BUY ON WEAKNESS

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.

E.T.F.'s
BUY ON WEAKNESS
A great growth sector. It is at risk of pull back which would be a great buying opportunity. He would not chase it in the moment. At the low $30s it is a good buy.
E.T.F.'s
COMMENT
It is a good ETF and a good index but it is not as huge in its market cap. The mega caps will dominate the returns in the short term and this one might suffer in the short term.
E.T.F.'s
Showing 1 to 15 of 25 entries

Evolve Cyber Security Index ETF(CYBR-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 3

Stockchase rating for Evolve Cyber Security Index ETF is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

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, 3 stock analysts published opinions about CYBR-T. 2 analysts 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?

3 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 2024-03-28, Evolve Cyber Security Index ETF (CYBR-T) stock closed at a price of $47.4.