- Akamai Technologies Inc. (AKAM)
- Amplify Cybersecurity ETF (HACK)
- iShares Cybersecurity and Tech Index ETF (XHAK)
Q: Hello, I would like to have your opinion on XHAK. I have been looking at buying a cybersecurity stock for some time, trying to decide between Palo Alto and Crowdstrike and some others. Could this ETF be a way in the sector? Looking at the portfolio, it includes some cos that don’t seem to be directly involved in cybersecurity, though. Not sure why these are included in this ETF… Thanks
5i Research Answer:
It is quite small still, at $16M in assets, so we would not give it an endorsement on that alone. Looking at holdings, there are some that do not have an obvious security connection but most do. Some of the hardware names such as AKAM held would still benefit from growth in the security sector. HACK in the US we think would be a better ETF for exposure.