BUG


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 02/27/24

Inception Date 10/25/19
Total Expense Ratio 0.51%
Net Assets $783.23 million
NAV $30.25
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 02/26/24

Ticker BUG
Bloomberg Index Ticker IBUGT
CUSIP 37954Y384
ISIN US37954Y3844
Primary Exchange Nasdaq
Shares Outstanding 25,890,000
Number of Holdings 24
30-Day Median Bid-Ask Spread 0.17%

Distributions As of 02/27/24

30-Day SEC Yield -0.23%
Distribution Frequency Semi-Annually

ETF Prices As of 02/27/24

NAV $30.25 Daily Change $0.26 0.87%
Market Price $30.32 Daily Change $0.28 0.93%

Performance History

As of recent
(12/31/23)
As of recent
(12/31/23)
Fund NAV Market Price Index
1 Year 40.95% 41.40% 41.66%
3 Years 2.04% 2.03% 2.47%
Since Inception 17.67% 18.24% 18.20%
1 Year 35.96% 35.84% 36.23%
3 Years 3.40% 3.31% 3.73%
Since Inception 18.03% 18.52% 18.48%
Year-to-Date 40.95% 41.40% 41.66%
1 Month 9.02% 9.60% 9.09%
3 Months 20.51% 20.79% 20.71%
Since Inception 97.60% 101.69% 101.36%
Year-to-Date 2.74% 2.46% 2.46%
1 Month 2.74% 2.46% 2.46%
3 Months 30.02% 30.14% 29.84%
Since Inception 103.01% 106.65% 106.32%

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 02/27/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
8.10 CRWD CROWDSTRIKE HO-A BJJP138 321.21 197,375 63,398,823.75
7.02 ZS ZSCALER INC BZ00V34 242.49 226,665 54,963,995.85
6.48 S SENTINELONE INC -CLASS A BP7L1B8 28.50 1,779,380 50,712,330.00
5.77 PANW PALO ALTO NETWORKS INC B87ZMX0 314.75 143,648 45,213,208.00
5.75 GEN GEN DIGITAL INC BJN4XN5 21.42 2,100,867 45,000,571.14
5.57 FTNT FORTINET INC B5B2106 69.95 624,118 43,657,054.10
5.43 CHKP CHECK POINT SOFTWARE TECH 2181334 161.54 263,207 42,518,458.78
5.26 VRNS VARONIS SYSTEMS INC BJZ2ZR5 50.92 808,569 41,172,333.48
5.16 CYBR CYBERARK SOFTWAR BQT3XY6 260.37 155,323 40,441,449.51
4.62 TENB TENABLE HOLDINGS INC BF7J7N6 47.39 762,959 36,156,627.01
4.40 OKTA OKTA INC BDFZSP1 86.91 396,465 34,456,773.15
4.39 4704 JP TREND MICRO INC 6125286 48.76 705,668 34,409,671.13
4.21 ATEN A10 NETWORKS INC BKQVBN6 13.30 2,477,740 32,953,942.00
4.11 RPD RAPID7 INC BZ22CY6 56.31 571,854 32,201,098.74
3.81 RDWR RADWARE LTD 2494548 17.70 1,684,131 29,809,118.70
3.76 QLYS QUALYS INC B7XJTN8 166.72 176,590 29,441,084.80
3.65 DARK LN DARKTRACE PLC BNYK8G8 4.58 6,249,970 28,616,860.98
2.53 053800 KS AHNLAB INC 6406271 52.74 376,279 19,846,565.09
2.51 BB BLACKBERRY LTD BCBHZ42 2.71 7,265,318 19,689,011.78
2.01 2326 JP DIGITAL ARTS INC 6543587 29.82 528,086 15,745,160.11
1.84 OSPN ONESPAN INC BFNSSD4 9.70 1,486,414 14,418,215.80
1.69 4475 JP HENNGE KK BKWBPS3 10.98 1,208,432 13,263,229.06
1.24 TLS TELOS CORPORATION BLDDYL1 3.74 2,585,517 9,669,833.58
0.40 OTHER PAYABLE & RECEIVABLES 1.00 3,139,832 3,139,832.26
0.28 ARQQ ARQIT QUANTUM INC BNYCBL0 0.60 3,707,322 2,224,393.20
0.01 CASH 1.00 105,922 105,921.93
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 01/31/24

Sector Weight (%)
Information Technology 93.7
Communication Services 6.3

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Packaged Software 53.7
Information Technology Services 19.8
Computer Communications 16.9
Internet Software/Services 8.0
Miscellaneous Commercial Services 1.4
Financial Conglomerates 0.2

Source: new windowAltaVista Research, LLC

Country Weight (%)
United States 68.3
Israel 14.4
Japan 8.4
Britain 3.7
South Korea 2.7
Canada 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 02/26/24

Return on Equity 16.80%
Weighted Avg. Market Cap 23,071 M
2023 2024
Price-to-earnings 44.15 34.09
Price-to-book value 6.18 5.34

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 01/31/24

Versus Beta
S&P 500 0.81
NASDAQ-100 0.75
MSCI EAFE 0.56
MSCI Emg. Mkts 0.44
Standard Deviation 25.10%

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.