Among ETFs that hold CrowdStrike, dedicated cybersecurity funds carry the heaviest weights: the First Trust NASDAQ Cybersecurity ETF (CIBR) and the Global X Cybersecurity ETF (BUG) sit at roughly 5% to 8% CRWD. A few thematic AI funds go higher still. S&P 500 and Russell 1000 Growth funds hold CrowdStrike too, but at less than 1% of the portfolio. The right pick depends on how much single-stock exposure to CRWD you actually want.
Cybersecurity ETFs With the Highest CRWD Weight
If you want meaningful CrowdStrike exposure without owning the stock outright, cybersecurity-sector ETFs are the most direct route. Each of these funds holds 25 to 40 security companies, with CRWD near the top of the list.
- First Trust NASDAQ Cybersecurity ETF (CIBR): CRWD is roughly 8.29% of the portfolio. Expense ratio 0.58%, assets around $9.6 billion, which makes it the most liquid option in the category.1First Trust. First Trust Nasdaq Cybersecurity ETF (CIBR)
- Global X Cybersecurity ETF (BUG): CRWD weight around 5.78%. Expense ratio 0.50%. Index reconstitutes semi-annually in May and November.2Global X ETFs. Cybersecurity ETF (BUG)
- WisdomTree Cybersecurity Fund (WCBR): CRWD weight about 5.67%. Expense ratio 0.45%, the lowest in the category, but the fund is small at roughly $71 million in assets.3WisdomTree. WCBR Cybersecurity ETF
- Amplify Cybersecurity ETF (HACK): CRWD weight about 5.43%. One of the oldest funds in the category.4Amplify ETFs. HACK Holdings
CIBR gives you the biggest CrowdStrike tilt and the tightest trading spreads. BUG and WCBR trim the fee a little but also trim the CRWD weight. All four leave you highly correlated to the cybersecurity industry as a whole, since the rest of each portfolio is CrowdStrike’s peers and competitors.
Thematic AI and Cloud Funds
ETFs targeting artificial intelligence, cloud computing, or broader disruptive technology often include CrowdStrike because of its cloud-native architecture and AI-driven detection. These funds mix security names with semiconductor, cloud infrastructure, and software companies.
The TrueShares Technology, AI & Deep Learning ETF (LRNZ) is the standout for concentration. CRWD represented roughly 9.10% of the portfolio in recent data, one of the highest single-stock allocations to CrowdStrike in any ETF.5Morningstar. TrueShares Technology, AI and Deep Learning ETF LRNZ The expense ratio is 0.68%, and the fund manages about $29 million.6TrueShares. TrueShares Technology, AI and Deep Learning ETF That small asset base can mean wider bid-ask spreads and higher trading costs.
Thematic funds give you broader tech exposure than a pure cybersecurity play. The tradeoff is a higher fee and potential overlap with any large-cap tech fund you already own.
Broad Market and Large-Cap Growth ETFs
CrowdStrike joined the S&P 500 in June 2024, so it now appears in essentially every large-cap U.S. equity fund.7S&P Global. KKR, CrowdStrike Holdings and GoDaddy Set to Join S&P 500 Funds tracking the S&P 500 (VOO, SPY) and the Russell 1000 Growth Index (IWF) all hold CRWD, but the weight is well under 1%.8iShares. iShares Russell 1000 Growth ETF
This is the right category if you want CrowdStrike as a tiny slice of a total-market strategy rather than a concentrated bet. Expense ratios drop to 0.03% to 0.10%, and CRWD’s day-to-day moves barely register in your returns.
How to Choose Between Them
Once you’ve narrowed to a category, a few structural details decide which specific fund fits.
Weighting Methodology
Market-cap-weighted funds give more space to bigger companies, so CRWD’s weight grows with its stock price. Equal-weighted funds cap each holding at the same percentage and rebalance, which dilutes a top performer’s impact. For maximum CrowdStrike exposure, look for market-cap or modified-market-cap weighting where CRWD sits in the top five holdings.
Expense Ratio
Cybersecurity ETF fees currently range from 0.45% (WCBR) to 0.58% (CIBR).1First Trust. First Trust Nasdaq Cybersecurity ETF (CIBR)3WisdomTree. WCBR Cybersecurity ETF Broad S&P 500 funds charge as little as 0.03%. On a $100,000 investment held for a decade at 10% annual returns, the gap between 0.03% and 0.58% compounds into thousands of dollars.
Liquidity
Fund size and daily volume drive how tightly you can trade. CIBR at $9.6 billion trades with the narrowest spreads. WCBR at $71 million and LRNZ at $29 million are small enough that larger orders may face wider spreads. A rough floor: $100 million in AUM with steady daily volume.
Rebalancing and Turnover
Cybersecurity indices reconstitute on set schedules. Indxx, the index behind BUG, rebalances in May and November.9Global X ETFs. Index Methodology Summary These events shift CRWD’s weight up or down. Higher turnover also creates internal trading costs inside the fund. CIBR’s annual turnover runs about 21%, below the 36% average for tech-focused funds.
What the July 2024 Outage Showed
In July 2024, a defective CrowdStrike software update triggered widespread system failures at airlines, hospitals, and financial institutions. CRWD stock fell roughly 11% that Friday and another 13.5% the following Monday. Direct stockholders absorbed the full drop.
Cybersecurity ETFs holding CRWD at 5% to 8% declined far less. If CRWD is 6% of a fund and drops 20%, the fund takes about a 1.2% hit from that position, and gains elsewhere in the portfolio can offset part of it. This is the scenario ETF diversification is built for. Every individual stock carries some version of that tail risk, and for security companies specifically, a major product failure translates quickly into customer trust and share price.
Tax Treatment You Should Know About
Held in a regular brokerage account, an ETF creates two kinds of taxable events: dividend distributions and capital gains distributions.
Growth-oriented cybersecurity companies pay little or no dividends, so dividend tax is a minor issue for CRWD-heavy funds. When it does apply, qualified dividends are taxed at long-term capital gains rates of 0%, 15%, or 20% depending on your taxable income.10Internal Revenue Service. Topic no. 404, Dividends and Other Corporate Distributions
Capital gains distributions arrive when a fund manager sells appreciated holdings, and they’re taxed at long-term capital gains rates regardless of how long you’ve held the ETF shares.11Internal Revenue Service. Mutual Funds Costs Distributions Etc. ETFs handle large redemptions with in-kind stock transfers rather than cash sales, which lets them shed appreciated securities without triggering a taxable event for other shareholders. Most well-run ETFs distribute little or no capital gains in a typical year.
A 3.8% Net Investment Income Tax applies on top of the above if your modified adjusted gross income exceeds $200,000 single or $250,000 married filing jointly. It hits the lesser of net investment income or the amount you’re over the threshold.12Internal Revenue Service. Net Investment Income Tax
All of this tax drag disappears inside a traditional IRA, Roth IRA, or 401(k). If you plan to hold a cybersecurity ETF for the long term and have room in a tax-advantaged account, that’s usually the more efficient home for it, particularly for the higher-fee thematic funds where every point of return matters more.