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Trackinsight: Cybersecurity ETFs attract $4.7 billion in net flows year-to-date

December 08, 2021 at 09:30 am EST

The industry's appeal heightened in peak pandemic as business models adapted in remote work settings, making data and network security a top priority.

Cybersecurity ETFs have been a hot a commodity this year, attracting more than $4.7 billion in net flows year-to-date. The industry's investor appeal heightened in peak pandemic as business models adapted in remote work settings, making data and network security a top priority. In addition, the U.S. Government and other public entities faced multiple cybersecurity threats, prompting the Whitehouse to push for billions of dollars of cybersecurity funds. Most recently, $1 billion of Cyber funds were approved as part of $1.2 trillion infrastructure package. The funds are set to be allocated over four years, with $200 million made available in 2022, $400 million in 2023, $300 million in 2024, and $100 million in 2025.

Among the biggest ETF flows attractors in the space are First Trust NASDAQ Cybersecurity ETF ($1.7 billion), Global X Cybersecurity ($905 million) and L&G Cyber Security UCITS ETF ($544 million). Performance-wise, Simplify Volt Cloud and Cybersecurity Disruption ETF ran away with the lead racking up +36% this year and +40% in October alone.

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