VGT - First Trust Nasdaq CEA Cybersecurity ETF: Strong Industry Fundamentals But Richly Valued Already
ETF Overview
First Trust Nasdaq CEA Cybersecurity ETF (CIBR) owns a portfolio of U.S. cybersecurity stocks. This industry is becoming increasingly more important in a post-COVID-19 world as more employees work from home. The industry should be able to ride this tailwind as the industry is expected to grow rapidly in the next few years. However, CIBR appear to be more expensive than the S&P 500 Index right now. Therefore, we think a pullback will create a better buying opportunity.
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Fund Analysis
Portfolio construction
CIBR seeks to track the investment