Akamai Top Holding in ETF That's Fallen 22% Over Past Year
Akamai is among the top holdings of the Global X Cybersecurity ETF, which has fallen 22% over the year but rebounded over 5% since early February on an RSI recovery. The global cybersecurity market is projected to grow from $272B in 2025 to $663B by 2033 at an 11.9% CAGR.
1. ETF Performance and Holdings
The Global X Cybersecurity ETF has dropped 22% over the past year and lost 7% year-to-date, with Akamai among its largest holdings alongside Fortinet, Palo Alto Networks, and CrowdStrike.
2. Technical Indicators Suggest Rebound
The fund’s Relative Strength Index reached a one-year low of 19.72 in early February and has since climbed to 38.25 as the ETF gained over 5% this month, indicating a potential bullish reversal.
3. Cybersecurity Market Outlook
The global cybersecurity market rose to $272 billion in 2025 and is forecast to reach $663 billion by 2033 at an 11.9% compound annual growth rate, driven by rising enterprise and government security budgets.
4. Implications for Akamai
As a top sector holding, Akamai could benefit from a broader cybersecurity rebound and long-term market expansion, potentially supporting a recovery in its share price if investor confidence in the sector strengthens.