Roundhill Files for Active Cybersecurity ETF (CYBE) Targeting Industry Leaders

Roundhill has filed to launch the Roundhill Cybersecurity ETF (CYBE), an actively managed fund targeting companies specializing in cybersecurity products and services. The ETF will invest at least 80% of its net assets in equities or swaps providing exposure to businesses generating at least 50% of their revenue from cybersecurity activities. Eligible segments include network security, endpoint protection, identity management, cloud security, threat intelligence and managed security services. Roundhill will use a proprietary selection process prioritizing industry leaders based on market share, cybersecurity revenue exposure and platform breadth, generally targeting companies with market capitalizations of at least $5 billion. The portfolio will include U.S. and international stocks, with holdings reviewed and rebalanced at least quarterly. The fund will concentrate in the information technology sector.