According to John Petrides, portfolio manager at Tocqueville Asset Management, investors should navigate the ongoing market volatility by joining an exchange-traded fund to tap into a long growth story. Term: network security. His favorite fund is the ETFMG Prime Cyber Security ETF, which trades under the ticker “Hack”. It’s now down about 25% to date – about the same as the tech-heavy Nasdaq Composite – but Petrides said it has a single strong selling point ahead. “Investors are very focused on the short-term and the macroeconomic situation. However, the world’s long-term growth story of more capital being deployed into the cybersecurity sector will not stop, in fact, it may have been amplified during the pandemic’s more than our daily routine, Petrides told CNBC.Stocks struggled to find direction at the end of the year, when the market recovered a bit. Some of the gains from the summer rally followed a speech by US Federal Reserve Chairman Jerome Powell in Jackson Hole, where he emphasized his commitment to raising interest rates to fight inflation. In the energy sector, cybersecurity companies were doing the best this past earnings season, he said: “As more and more of our lives turn digital, we’ll need more walls. more fire and more security to protect yourself.” “The idea of owning an ETF instead of a specific player – you have the whole basket and drive the investment wave more capital into cyberspace.” Here are the top 10 HACK stocks: A bright spot in tech cybersecurity companies has certainly reported explosive demand. CrowdStrike earnings last week surprised on the upside, with second-quarter revenue up 58% from a year earlier. Meanwhile, last month, Palo Alto Networks reported profit for the first time in a decade, and Cisco said its security business grew faster than all others, beating analyst estimates. analysis about 100 million USD. Petrides also sees the Russo-Ukrainian war as a motivating factor, as some conflicts take place “through the internet”. Cyberattacks increased as the war began and prompted cybersecurity stocks to soar this year. He also named two other ETFs that he thinks are suitable for investors with a long-term view: the Global X MLP ETF and the Invesco Water Resources ETF. – CNBC’s Jordan Novet contributed to this report.