It is definitely an interesting ETF. Looks like it primarily tracks software companies, the bulk of which are some sort of SaaS platforms that charge recurring subscriptions/revenue.
If you're bullish on the software industry and its ability to grow, it's a solid option. I cannot imagine the pace of software subscriptions grow as we continue to go more digital, so I'm fairly bullish on that front. The only difficulty here is the valuation. The fund is fairly expensive. This does make sense in the current environment we're in. A lot of tech stocks are trading at all-time-highs.
I expect the fund to perform well, but I also expect it to be relatively volatile.