The BetaShares HACK ETF provides investors with exposure to the performance of the world’s largest companies involved in cybersecurity – a sector with strong growth prospects as businesses begin to place an increasing emphasis on cybersecurity and the protection of data.
HACK tracks the performance of Nasdaq CTA Cybersecurity Index which is a global shares index that typically includes exposure to technology companies in the USA, Europe, Israel and Japan. These companies tend to be found in the defence, private, corporate and consumer security markets. There are very few pure-play cybersecurity companies on the ASX, so this ETF could be a solution for Australian investors looking for targeted exposure to the global cybersecurity sector.
The BetaShares HACK ETF could be used by investors looking for tactical exposure to the performance of the world’s largest companies operating in the cybersecurity industry, which broadly includes companies involved in building, implementing and managing security protocols for private and public networks.
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*The warnings on this page are applied by our ETF research team. Please know that these warnings are based on quantitative metrics and our internal methodology. These risks are not exhaustive and therefore they should not be relied upon. Always read the PDS of the function and speak to your financial adviser before acting on this information.
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