iShares Cybersecurity & Technology ETF Reduces Idiosyncratic Risk of Global Cybersecurity Sector

The iShares Cybersecurity & Technology ETF provides a diversified portfolio of high-performing cybersecurity stocks. The long-term outlook for cybersecurity remains strong as cyber threats continue to increase. Cybercrime costs millions of dollars, including ransom payments and time lost to deal with the consequences. The index to which IHAK is compared is the NYSE FactSet Global Cybersecurity Index, which includes cybersecurity hardware and software companies.

Check Point Software Technologies (CHKP) is an Israeli-American multinational company headquartered in Tel Aviv that focuses on cybersecurity solutions.

CrowdStrike (CRWD) is a leading cloud cybersecurity redefiner with an AI-native architecture. Fortinet (FTNT) is a leading cybersecurity company that provides network firewall, secure connectivity, and secure Wi-Fi solutions.

In its turn, Palo Alto Networks (PANW) is a leading global cybersecurity provider headquartered in California that delivers cybersecurity solutions through a platform-based strategy.