Cybersecurity Trends: Top 5 ETFs For Cyber Defense

2. Global X Cybersecurity ETF (NASDAQ:BUG)

5-Year Share Price Performance as of March 21: 89.15%

Global X Cybersecurity ETF (NASDAQ:BUG) aims to invest in companies poised to benefit from the growing adoption of cybersecurity technology. These companies specialize in developing and managing security protocols to prevent intrusion and attacks on systems, networks, applications, computers, and mobile devices. Global X Cybersecurity ETF (NASDAQ:BUG) seeks to replicate the performance of the Indxx Cybersecurity Index before fees and expenses. As of March 20, 2024, the ETF holds net assets of $787.15 million with an expense ratio of 0.51% and a portfolio consisting of 24 stocks. It is one of the best cybersecurity ETFs to invest in. 

Gen Digital Inc. (NASDAQ:GEN) is one of the top holdings of Global X Cybersecurity ETF (NASDAQ:BUG). The company provides cyber safety solutions for consumers globally. Their offerings include security and performance products for PCs, Macs, and mobile devices, real-time protection against malware, viruses, and online threats, as well as identity theft protection solutions such as Norton and LifeLock. 

According to Insider Monkey’s fourth quarter database, 36 hedge funds were bullish on Gen Digital Inc. (NASDAQ:GEN), compared to 37 funds in the prior quarter. 

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