Cybersecurity ETF

Reasons to Consider BUG

High Growth Potential

As our personal and professional lives move online, protecting sensitive data grows more critical. Forecasts suggest global spending on cybersecurity solutions could grow from $150bn in 2021 to more than $415bn in 2030.1

Long-Term, Global Challenge

Cybersecurity is a persistent global concern, affecting both public and private sector entities seeking to protect against the increased risk of ransomware attacks and other online threats.

Unconstrained Approach

The realm of cybersecurity extends far beyond personal computers, reaching an ever-multiplying number of devices and applications. BUG invests accordingly, cutting across traditional sector and geographic definitions.

1Gartner, Oct 2022

Key Information As of 10/02/23

Inception Date 10/25/19
Total Expense Ratio 0.51%
Net Assets $604.53 million
NAV $24.35
Fact Sheet View the document

ETF Summary

The Global X Cybersecurity ETF (BUG) seeks to invest in companies that stand to potentially benefit from the increased adoption of cybersecurity technology, such as those whose principal business is in the development and management of security protocols preventing intrusion and attacks to systems, networks, applications, computers, and mobile devices.

ETF Objective

The Global X Cybersecurity ETF (BUG) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Cybersecurity Index.

Trading Details As of 10/02/23

Ticker BUG
Bloomberg Index Ticker IBUGT
CUSIP 37954Y384
ISIN US37954Y3844
Primary Exchange Nasdaq
Shares Outstanding 24,830,000
Number of Holdings 23
30-Day Median Bid-Ask Spread 0.20%

Distributions As of 10/02/23

30-Day SEC Yield -0.24%
Distribution Frequency Semi-Annually

ETF Prices As of 10/02/23

NAV $24.35 Daily Change $0.07 0.29%
Market Price $24.27 Daily Change -$0.02 -0.08%

Performance History

As of recent month & quarter-end (09/30/23)
As of recent month & quarter-end (09/30/23)
Fund NAV Market Price Index
1 Year 2.70% 2.61% 3.34%
3 Years 4.48% 4.51% 4.89%
Since Inception 13.39% 13.92% 13.89%
1 Year 2.70% 2.61% 3.34%
3 Years 4.48% 4.51% 4.89%
Since Inception 13.39% 13.92% 13.89%
Year-to-Date 16.96% 17.06% 17.36%
1 Month -3.19% -3.19% -3.13%
3 Months 0.04% 0.12% 0.17%
Since Inception 63.97% 66.97% 66.82%
Year-to-Date 16.96% 17.06% 17.36%
1 Month -3.19% -3.19% -3.13%
3 Months 0.04% 0.12% 0.17%
Since Inception 63.97% 66.97% 66.82%

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings As of 10/02/23

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
9.40 ZS ZSCALER INC BZ00V34 160.89 353,336 56,848,229.04
7.37 CRWD CROWDSTRIKE HO-A BJJP138 169.54 262,714 44,540,531.56
6.77 PANW PALO ALTO NETWORKS INC B87ZMX0 236.77 172,850 40,925,694.50
5.78 CHKP CHECK POINT SOFTWARE TECH 2181334 133.48 261,747 34,937,989.56
5.69 OKTA OKTA INC BDFZSP1 80.72 426,240 34,406,092.80
5.44 QLYS QUALYS INC B7XJTN8 152.95 214,863 32,863,295.85
5.20 VRNS VARONIS SYSTEMS INC BJZ2ZR5 30.35 1,034,920 31,409,822.00
5.05 TENB TENABLE HOLDINGS INC BF7J7N6 45.67 667,775 30,497,284.25
5.03 CYBR CYBERARK SOFTWAR BQT3XY6 164.56 184,748 30,402,130.88
5.01 DARK LN DARKTRACE PLC BNYK8G8 4.78 6,334,754 30,283,596.29
4.91 FTNT FORTINET INC B5B2106 58.63 506,350 29,687,300.50
4.22 ATEN A10 NETWORKS INC BKQVBN6 15.35 1,661,262 25,500,371.70
4.09 GEN GEN DIGITAL INC BJN4XN5 17.53 1,411,613 24,745,575.89
4.09 S SENTINELONE INC -CLASS A BP7L1B8 16.87 1,466,121 24,733,461.27
3.90 RPD RAPID7 INC BZ22CY6 46.29 509,372 23,578,829.88
3.87 BB BLACKBERRY LTD BCBHZ42 4.40 5,315,744 23,389,273.60
3.66 RDWR RADWARE LTD 2494548 17.24 1,282,012 22,101,886.88
2.94 4704 JP TREND MICRO INC 6125286 38.05 466,919 17,764,391.33
2.52 053800 KS AHNLAB INC 6406271 47.58 319,799 15,214,981.33
2.30 OSPN ONESPAN INC BFNSSD4 10.89 1,278,622 13,924,193.58
2.24 2326 JP DIGITAL ARTS INC 6543587 30.73 440,603 13,540,503.95
0.37 TLS TELOS CORPORATION BLDDYL1 2.37 953,782 2,260,463.34
0.13 ARQQ ARQIT QUANTUM INC BNYCBL0 0.58 1,380,794 796,856.22
0.06 CASH 1.00 355,784 355,784.01
-0.03 OTHER PAYABLE & RECEIVABLES 1.00 -179,737 -179,737.22
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 09/30/23

Sector Weight (%)
Information Technology 95.9
Communication Services 4.1

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Packaged Software 53.6
Information Technology Services 21.6
Computer Communications 15.9
Internet Software/Services 8.4
Miscellaneous Commercial Services 0.4
Financial Conglomerates 0.2

Source: new windowAltaVista Research, LLC

Country Weight (%)
United States 68.4
Israel 14.4
Britain 5.3
Japan 5.2
Canada 4.2
South Korea 2.5

Source: new windowAltaVista Research, LLC

All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.

ETF Characteristics As of 10/02/23

Return on Equity 15.00%
Weighted Avg. Market Cap 12,482 M
2022 2023
Price-to-earnings 52.66 39.24
Price-to-book value 5.65 6.12

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 09/30/23

Versus Beta
S&P 500 0.77
NASDAQ-100 0.73
MSCI Emg. Mkts 0.48
Standard Deviation 26.80%

Source: new windowAltaVista Research, LLC

ETF Research

View More Related Research

Investing involves risk, including the possible loss of principal. Cybersecurity Companies are subject to risks associated with additional regulatory oversight with regard to privacy/cybersecurity concerns. Declining or fluctuating subscription renewal rates for products/services or the loss or impairment of intellectual property rights could adversely affect profits. The investable universe of companies in which BUG may invest may be limited. The Fund invests in securities of companies engaged in Information Technology, which can be affected by rapid product obsolescence and intense industry competition. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. BUG is non-diversified.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Beginning October 15, 2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. Prior to October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Since the Fund’s shares did not trade in the secondary market until several days after the Fund’s inception, for the period from inception to the first day of secondary market trading in Shares, the NAV of the Fund is used to calculate market returns.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Indxx, nor does Indxx make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with Indxx.