In this article, we will examine the performance of the cybersecurity stocks within the broad technology sector and track the weekly performance of the PureFunds ISE Cyber Security ETF (HACK) as well as its components. HACK closed at $25.97, falling 1.9% on Tuesday, October 6, 2015, although it rose 3.1% for the week.
From September 29 to October 6, 2015, the technology sector remained at a high. The Technology Select Sector SPDR Fund (XLK), Vanguard Information Technology ETF (VGT), First Trust Dow Jones Internet Index Fund (FDN), and iShares North American Tech-Software ETF (IGV) rose 5.7%, 6.0%, 7.2%, and 5.4%, respectively, in the trailing five days.
Aerospace & Defense was the best performing sector, with a rise of 6.0%. Within the sector, Keyw Holding Corporation (KEYW) and Exelis (XLS) generated returns of 12.8% and -0.85%, respectively, for the trailing five days. The worst-performing sector was IT Consulting & Services, rising only 0.37%. The IT Consulting & Services sector consists of Comp SA (CMP) and WidePoint Corp. (WYY), which rose 2.1% and 5.3%, respectively.
System Software constitutes ~60% of total HACK ETF holdings and rose 2.3% for the trailing five days. Almost all the stocks within this sector have risen, except Barracuda Networks, Trend Micro, and Absolute Software, which fell 20.3%, 1.0%, and 5.0%, respectively, for the trailing five days. Within the sector, VASCO Data Security (VDSI) and Symantec (SYMC) were the best-performing stocks, rising 13.3% and 8.5%, respectively, on October 6, 2015.