To The Moon

🌟🌟🌟Cybersecurity is important because it protects data from theft, damage and unauthorised access.  $iShares Cybersecurity and Tech ETF(IHAK)$ represents the best and strongest companies around the world at the forefront of Cybersecurity in just 1 ETF.  These companies are involved in Cybersecurity and technology which encompass Cybersecurity hardware, software, products and services.   IHAK seeks to capture targeted long term growth opportunities with companies that could play an essential role in the future of digital disruption and AI. 

The Top 10 holdings include Sentinel One Inc, Fortinet Inc, Cyber Ark Software, Palo Alto Networks, Accton Technology Group, Trend Micro, Varonis Systems, Checkpoint Software Technologies, ZScaler and Qualys Inc. 

The Top 10 holdings weight is 46%.  Total number of holdings is 33.  The expense ratio is 0.47%.  Dividends are paid every 6 months.  The current dividend yield is 0.10%.  IHAK goes ex dividend on December 17 2024.

$SentinelOne, Inc(S)$  Sentinel One creates autonomous technology solutions such as the SentinelOne security platform named Singularity XDR which is designed to protect against various Cybersecurity threats.  These include malware, ransomware and other advanced persistent threats (APTs). 

SentinelOne uses machine learning for monitoring personal computers, IoT devices and cloud workloads. 

$Fortinet(FTNT)$  is a leader in enterprise class Cybersecurity and networking innovation, securing over 700,000 enterprises, service providers and government organisations worldwide. 

The Fortinet Security Fabric enables automated protection, detection and response along with consolidated visibility across both Fortinet solutions and a broad ecosystem of over 500 third party solutions. 

Fortinet's share price is up 64.9% year todate and in 2023, Fortinet has jumped 82%.  This is because Fortinet's FortiOS operating system integrates networking and security, allowing businesses to address changing requirements without waiting for security to catch up.  The Cybersecurity company uses AI and machine learning to analyse over 100 billion security events per day, providing real time threat intelligence. 

$Palo Alto Networks(PANW)$  is a leading Cybersecurity company whose technologies give over 80,000 enterprise customers the power to protect billions of people worldwide.  The Palo Alto Networks' security platform uses automated threat intelligence, preventive controls and enhanced visibility to block threats.

Palo Alto's share price is up 35% year todate and 36% in the past year. 

These are just 3 of the best Cybersecurity companies in IHAK.  It is not surprising that IHAK's share price is up 14.9% year todate and in 2023, IHAK has risen 18.7%.  However if we look back 5 years ago, IHAK has jumped 89% since then. 

I have invested in IHAK since 2023 and I am happy with its slow and steady performance. 

Cybersecurity is a necessary expense especially for big companies.  With increasing complexity and the surge in AI, Cybersecurity companies will continue to grow exponentially in the future. 

According to Statista, the annual Cybersecurity spending will grow by an average of USDD 17 billion per year, reaching USD 272 billion by 2029.

I like IHAK as it does the heavy lifting for me by selecting the best Cybersecurity stocks and weeding out the non performing ones.  IHAK also offers me great value for my money as it is a lot cheaper than investing in each individual Cybersecurity stock.  In addition to that IHAK minimises my risk with the diversification that comes with the ETF. 

Low cost, maximum value!  That is my favourite way of investing. 

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