The Cybersecurity ETF Off to a Hot Start

The video discusses the rise of the cybersecurity industry and the launch of the Cyber Security ETF by PURE funds. This ETF, which tracks about 30 companies involved in cybersecurity, has gained $50 million in assets within three weeks. It is likened to an indie film due to its niche appeal and limited distribution. The ETF has minimal overlap with major tech ETFs, offering unique exposure to investors. However, it is noted for its volatility, being twice as volatile as the broader tech market and the S&P 500. The ETF includes lesser-known companies like FireEye and Splunk, providing diversification benefits.

What is the primary focus of the newly launched Cyber Security ETF?

• Investing in renewable energy

• Supporting social media platforms

• Tracking companies involved in cyber security

• Focusing on large-cap tech companies

How does the Cyber Security ETF differ from major tech ETFs like XLK?

• It has a high overlap with major tech companies

• It focuses on social media stocks

• It has minimal overlap with major tech ETFs

• It only includes large-cap companies

What is a potential benefit of investing in the Cyber Security ETF despite its volatility?

• Guaranteed returns

• Exposure to upstart companies

• Low risk

• Focus on established tech giants

Which company is mentioned as being part of the Cyber Security ETF?

• FireEye

• Microsoft

• Google

• Apple

How does the volatility of the Cyber Security ETF compare to the S&P 500?

• It is triple the volatility

• It is about the same

• It is less volatile

• It is double the volatility