The Cybersecurity ETF Off to a Hot Start

The video discusses the rise of the cybersecurity industry and the launch of the Cyber Security ETF by PURE funds. This ETF, which tracks about 30 companies involved in cybersecurity, has gained $50 million in assets within three weeks. It is likened to an indie film due to its niche appeal and limited distribution. The ETF has minimal overlap with major tech ETFs, offering unique exposure to investors. However, it is noted for its volatility, being twice as volatile as the broader tech market and the S&P 500. The ETF includes lesser-known companies like FireEye and Splunk, providing diversification benefits.

What potential risks are associated with investing in the Cyber Security ETF?

Why might the lesser-known companies in the ETF be considered a positive aspect?