Bringing you live news and features since 2006 

Canada’s First Cyber Security ETF returns over 40 per cent in first year


The Evolve Cyber Security Index ETF (CYBR) generated a return of 41.02 per cent in the first year since its launch.

Evolve is one of Canada’s fastest-growing ETF providers since launching its first suite of ETFs via the Toronto Stock Exchange (TSX) on 20 September 2017. Evolve provides differentiated investment solutions, including partnerships with leading global asset managers, as well as strategies which encompass themes that intersect in Canadians’ daily lives.
“We are very proud of reaching USD300 million in assets in our first year of operation,” says Raj Lala, President & CEO of Evolve ETFs.  “Most importantly we have launched innovative ETFs that have added value to investor portfolios. Perhaps one of the best illustrations of this is Canada’s first cyber security ETF (TSX: CYBR and TSX: CYBR.B).” 
CYBR is the first ETF in Canada that invests primarily in equity securities of global companies that are involved in the cyber security industry through hardware and software development. Investment in the cyber security space is growing at an unprecedented rate as more people connect to devices.
“CYBR.B has generated very strong performance with a one-year return of over 40 per cent,” says Lala. “Cybercrime continues to be one of the biggest threats to companies and governments. Many of the companies in this ETF provide the cyber security services for these entities. As the amount of connectivity in the world increases there is an expected increase in demand for cyber security.”
CYBR is an index (or passively managed) ETF that seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive Global Cyber Security Index Canadian Dollar Hedged, or any successor thereto.

Latest News

ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..
Investors urgently need greater access to diversified investment strategies aligned with the Paris Agreement on climate change if the world..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by