5 Best Cybersecurity ETFs

In this article, we discuss 5 best cybersecurity ETFs to buy. If you want to read our detailed discussion on the cybersecurity market, head over to 10 Best Cybersecurity ETFs. 

5. iShares Cybersecurity and Tech ETF (NYSE:IHAK)

5-Year Performance as of August 6: 51.16%

iShares Cybersecurity and Tech ETF (NYSE:IHAK)’s main objective is to mirror the performance of the NYSE FactSet Global Cyber Security Index. This index comprises companies from both developed and emerging markets that operate in the fields of cyber security and technology. Established on June 11, 2019, the ETF holds net assets totaling $592 million as of August 4, 2023. iShares Cybersecurity and Tech ETF (NYSE:IHAK) has 37 stocks in its portfolio and comes with an expense ratio of 0.47%. It is one of the best cybersecurity ETFs to invest in. 

Science Applications International Corporation (NYSE:SAIC) is the largest holding of the iShares Cybersecurity and Tech ETF (NYSE:IHAK). Science Applications International Corporation (NYSE:SAIC) delivers technical, engineering, and IT services within the United States, offering technology integration, IT modernization, security, maintenance, training, and more. Their clientele spans U.S. military branches, NASA, Department of Defense, and Homeland Security, as well as federal civilian agencies. On June 5, Science Applications International Corporation (NYSE:SAIC) reported its results for the first quarter of fiscal 2024. The company reported a non-GAAP EPS of $2.14 and a revenue of $2.03 billion, outperforming Wall Street estimates by $0.33 and $70 million, respectively. 

According to Insider Monkey’s first quarter database, 17 hedge funds were bullish on Science Applications International Corporation (NYSE:SAIC), compared to 19 funds in the prior quarter. Phill Gross and Robert Atchinson’s Adage Capital Management is the leading position holder in the company, with 648,258 shares worth approximately $70 million. 

Here is what FPA Queens Road Small Cap Value Fund has to say about Science Applications International Corporation (NYSE:SAIC) in its Q4 2021 investor letter:

“Science Applications International Corp., a federal information technology contractor, declined during the year. The company which derives 98% of its revenue from the federal government, is a slow-growing, consistently profitable IT provider that supplements organic growth with add-on acquisitions. It operates in a competitive, low-margin business, but given the company’s visibility, entrenched position, and low valuation, we remain positive on the company’s outlook.”