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This fund aims to track an index that identifies exchange-listed companies globally, whose core business is centered around cybersecurity and security technology solutions. To be included, these companies must earn a substantial part of their income from cybersecurity-related operations and exhibit growth in their top-line revenue. Should the index exhibit a concentrated focus within a specific industry or group of industries, the fund's investments will be similarly concentrated. The fund itself is non-diversified.

Many top cybersecurity firms experienced noteworthy rallies throughout Q2 2026, a welcome shift after a period of stagnation for much of the last year up until that time. Companies may be navigating AI upheaval more successfully—Anthropic's Project Glasswing appears to be a model for how traditional cybersecurity companies can partner with AI providers in a mutually beneficial way.

Market leadership within the tech momentum trade has shifted in the wake of the recent bloodbath. Over the past month, a sharp unwinding of crowded positions sent semiconductors into a steep correction from recent record highs.

The headline number making the rounds on cybersecurity ETF Twitter is bigger than the one the tape actually printed, and that gap is the most useful place to start.

Enterprise cybersecurity budgets are on track to reach $215 billion in 2026, according to Gartner, as AI-powered phishing, prompt-injection attacks against language models, and tighter CISA disclosure rules push security spending higher across every industry.

AI momentum, defensive investing and elevated energy prices are pushing several ETF areas to fresh 52-week highs in 2026.