Own BetaShares Global Cybersecurity ETF (ASX:HACK)? Here’s what you’re invested in

We take a look at the top companies this cybersecurity ETF holds and its share price performance.

| More on:
Cybersecurity company employee looks at laptop while standing near server room

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

It’s fairly safe to say that global cybersecurity has never been more important. As the internet entrenches itself deeper and deeper into our daily lives, the need to protect valuable information and data is more important than ever.

Consumers expect governments and businesses to keep their personal information confidential and safe. This means employing the use of cybersecurity.

As my Fool colleague Tristan pointed out just this morning, the global cybersecurity market was worth $137.63 billion in 2017 but is expected to grow to $248.26 billion by 2023.

Luckily, if an investor wants to invest in this important industry, there is an easy way to do so on the ASX boards.

HACK or be hacked

The BetaShares Global Cybersecurity ETF (ASX: HACK) is an exchange-traded fund (ETF) that hones in on the global cybersecurity industry.

According to BetaShares, this ETF offers a “simple and cost-effective way to gain exposure to the world’s leading cybersecurity companies in a single ASX trade – a sector with strong growth prospects”.

So, what exactly are you investing in if you own or are thinking of buying units of this ASX ETF?

Well, here is a look at HACK’s current top 10 holdings and weightings, as of 6 October:

  1. Palo Alto Networks Inc (NYSE: PANW) with a portfolio weighting of 6.6%
  2. Accenture plc (NYSE: ACN) with a weighting of 6%
  3. Cisco Systems Inc (NASDAQ: CSCO) with a weighting of 5.7%
  4. Crowdstrike Holdings Inc (NASDAQ: CRWD) with a weighting of 5.5%
  5. Okta Inc (NASDAQ: OKTA) with a weighting of 5.5%
  6. Cloudflare Inc (NYSE: NET) with a weighting of 3.5%
  7. Tenable Holdings Inc (NASDAQ: TENB) with a weighting of 3.3%
  8. VMware, Inc (NYSE: VMW) with a weighting of 3.2%
  9. Leidos Holdings Inc (NYSE: LDOS) with a weighting of 3.1%
  10. Booz Allen Hamilton Holding Corporation (NYSE: BAH) with a weighting of 3.1%

As you may have gathered from this list, HACK is an ETF heavily weighted towards the United States of America. In fact, according to BetaShares’ latest report, 90.7% of HACK’s holdings are US companies. A further 3.4% come from Israel, while 2.7% hail from Britain and 1.5% from Japan.

How has the BetaShares Global Cybersecurity ETF performed recently?

Looking at an ETF’s holdings is all well and good, but how has HACK performed in recent years? Well, this ETF has returned an impressive 32.2% over the past year alone.

It has also managed to hit a 20.43% per annum average return over the past 3 years, and 21.63% over the past 5 years. Since this ETF’s inception in August 2016, HACK has averaged an annual performance of 21.79%.

The BetaShares Global Cybersecurity ETF currently has $657.84 million in funds under management and charges a management fee of 0.67% per annum.

Motley Fool contributor Sebastian Bowen owns shares of Cloudflare, Inc. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of and has recommended BETA CYBER ETF UNITS, Cloudflare, Inc., and CrowdStrike Holdings, Inc. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has recommended VMware. The Motley Fool Australia owns shares of and has recommended BETA CYBER ETF UNITS. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on ETFs

A man in his 30s holds his laptop and operates it with his other hand as he has a look of pleasant surprise on his face as though he is learning something new or finding hidden value in something on the screen.
ETFs

Experts say these top ETFs are buys right now

Here are two ETFs that experts think investors should be looking at...

Read more »

recreational fisherman holding fishing rod and hands apart indicating it was this big with smile on his face
ETFs

Here’s how much the Vanguard Australian Shares Index ETF (VAS) has paid in dividends over the past 5 years

How much dividend income does the VAS ETF throw off exactly?

Read more »

Man looking amazed holding $50 Australian notes, representing ASX dividends.
ETFs

2 excellent ASX ETFs to buy for dividends

These ETFs provide plenty of income for investors...

Read more »

ETF written on cubes sitting on piles of coins.
ETFs

Here’s why the iShares S&P 500 ETF (IVV) has climbed 7% in a month

It’s been a solid few weeks for US shares. What’s happening?

Read more »

A cute young girl wears a straw hat and has a backpack strapped on her back as she holds a globe in her hand with a cheeky smile on her face.
ETFs

2 reasons to consider buying the Vanguard International Shares ETF (VGS) right now

What's to like about this popular ETF from Vanguard?

Read more »

A man sits bolt upright watching something intently on his television.
ETFs

2 quality ETFs for ASX investors to buy in August

Here are two top ETFs to buy...

Read more »

The letters ETF sit in orange on top of a chart with a magnifying glass held over the top of it
ETFs

3 top ETFs for ASX investors to buy next week

These highly rated ETFs could be in the buy zone...

Read more »

ETF written in blue with a man and woman sitting on their laptops.
ETFs

2 exciting ETFs for ASX investors to buy today

Here are a couple of highly rated ETFs...

Read more »