Global X Cybersecurity

ETF description

This ETF focuses on companies that operate in the cybersecurity industry. The companies included in the fund are involved in developing technologies and services that help protect organizations and individuals from digital threats, such as hacking, data breaches, and malware. As the world becomes more interconnected through the internet, and with increasing reliance on digital platforms for personal and business use, cybersecurity is critical to safeguarding sensitive information and ensuring the stability of online systems.

Investors who are interested in the rapidly growing field of digital security may find this ETF appealing. The companies within the fund provide solutions such as security software, data encryption, and network protection, all aimed at defending against the rising tide of cybercrime. Given that digital threats continue to evolve, demand for innovative cybersecurity solutions is expected to increase across industries, from finance to healthcare to government.

Issuer details

Global X ETFs is a leading provider of specialized thematic and sector‑specific ETFs, with over $50 billion in assets under management as of June 2024. As a subsidiary of Mirae Asset Global Investments, Global X focuses on thematic investing. Founded in 2008 by Bruno del Ama, Global X ETFs is known for its focus on niche and innovative investment themes, allowing investors to access areas of the market experiencing rapid growth and transformation. Notable ETFs include the Global X Robotics & Artificial Intelligence ETF (BOTZ) and the Global X Lithium & Battery Tech ETF (LIT), reflecting Global X’s commitment to providing exposure to cutting‑edge industries and trends.

Index details

The Indxx Cybersecurity index is designed to provide exposure to exchange‑listed companies that are positioned to benefit from increased adoption of cybersecurity technology, including but not limited to companies whose principal business is in the development and management of security protocols preventing intrusion and attacks to systems, networks, applications, computers, and mobile devices. To be eligible for the Indxx Cybersecurity Index as a Cybersecurity Company, a company must generate at least 50% of its revenues from cybersecurity activities.