FITE ETF Soars 28.5% in 2022 Investing in Cybersecurity, Drones, Robotics, and Space Tech
• FITE ETF invests in companies involved in future security like cybersecurity, drones, robotics, and space technology
• Holdings include cybersecurity leaders like Palo Alto Networks and Crowdstrike as well as drone and space companies
• ETF returned 28.5% in 2022; 3-year annualized return is 6.5% but 5-year is a strong 14.1%
• Expense ratio of 0.45% is reasonable for a specialized ETF
• Wall Street analysts have a $61.88 average price target on FITE, representing nearly 13% upside