Cybersecurity ETF

Reasons to Consider BUG

High Growth Potential

As ransomware attacks grow increasingly sophisticated, global cybersecurity spending could increase from $172bn in 2022 to more than $420bn in 2030.1

Structural Tailwinds

Cybersecurity markets are extremely fragmented, and it’s estimated that nearly 50% of all security spending goes to custom and inefficient services.2 This dynamic could create opportunities for cloud-native solutions and large security vendors.

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.

1Fortune Business Insights, Apr 2023
2McKinsey Research, Oct 2022

Key Information As of 06/12/24

Inception Date 10/25/19
Total Expense Ratio 0.50%
Net Assets $786.69 million
NAV $29.02
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 06/12/24

Ticker BUG
Bloomberg Index Ticker IBUGT
CUSIP 37954Y384
ISIN US37954Y3844
Primary Exchange Nasdaq
Shares Outstanding 27,110,000
Number of Holdings 25
30-Day Median Bid-Ask Spread 0.14%

Distributions As of 06/12/24

30-Day SEC Yield 0.18%
Distribution Frequency Semi-Annually

ETF Prices As of 06/12/24

NAV $29.02 Daily Change $0.28 0.97%
Market Price $29.02 Daily Change $0.27 0.94%

Performance History

As of recent
As of recent
Fund NAV Market Price Index
1 Year 27.23% 27.00% 28.14%
3 Years 6.89% 6.71% 7.42%
Since Inception 17.09% 17.53% 17.67%
1 Year 15.56% 15.65% 16.06%
3 Years 1.67% 1.59% 2.06%
Since Inception 14.97% 15.42% 15.47%
Year-to-Date 1.88% 1.50% 2.21%
1 Month -2.87% -3.03% -2.65%
3 Months 1.88% 1.50% 2.21%
Since Inception 101.32% 104.72% 105.81%
Year-to-Date -3.83% -4.06% -3.72%
1 Month 0.11% 0.25% 0.09%
3 Months -8.32% -8.34% -8.29%
Since Inception 90.03% 93.50% 93.87%

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 06/12/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
7.53 CRWD CROWDSTRIKE HO-A BJJP138 387.37 153,468 59,448,899.16
6.39 PANW PALO ALTO NETWORKS INC B87ZMX0 319.79 157,742 50,444,314.18
6.32 ZS ZSCALER INC BZ00V34 188.83 264,126 49,874,912.58
6.24 CHKP CHECK POINT SOFTWARE TECH 2181334 158.00 311,663 49,242,754.00
5.59 GEN GEN DIGITAL INC BJN4XN5 24.89 1,775,310 44,187,465.90
5.52 OKTA OKTA INC BDFZSP1 89.29 487,895 43,564,144.55
5.48 FTNT FORTINET INC B5B2106 60.62 714,481 43,311,838.22
4.75 CYBR CYBERARK SOFTWAR BQT3XY6 250.77 149,603 37,515,944.31
4.58 RDWR RADWARE LTD 2494548 18.75 1,930,368 36,194,400.00
4.42 DARK LN DARKTRACE PLC BNYK8G8 7.50 4,656,065 34,938,871.66
4.26 VRNS VARONIS SYSTEMS INC BJZ2ZR5 42.52 790,603 33,616,439.56
4.20 BB BLACKBERRY LTD BCBHZ42 2.77 11,964,628 33,142,019.56
4.11 TENB TENABLE HOLDINGS INC BF7J7N6 41.99 772,763 32,448,318.37
4.07 ATEN A10 NETWORKS INC BKQVBN6 14.10 2,278,977 32,133,575.70
4.03 4704 JP TREND MICRO INC 6125286 46.39 685,280 31,788,687.44
3.80 RPD RAPID7 INC BZ22CY6 38.44 781,581 30,043,973.64
3.74 QLYS QUALYS INC B7XJTN8 140.48 210,470 29,566,825.60
3.72 S SENTINELONE INC -CLASS A BP7L1B8 18.10 1,624,965 29,411,866.50
2.97 OSPN ONESPAN INC BFNSSD4 13.43 1,748,274 23,479,319.82
2.64 053800 KS AHNLAB INC 6406271 45.20 461,989 20,881,996.80
1.95 2326 JP DIGITAL ARTS INC 6543587 23.81 648,156 15,434,762.09
1.75 TLS TELOS CORPORATION BLDDYL1 4.08 3,386,505 13,816,940.40
1.13 4475 JP HENNGE KK BKWBPS3 5.98 1,490,444 8,916,164.24
0.42 CASH 1.00 3,282,690 3,282,690.03
0.30 NQM4 Index NASDAQ 100 E-MINI JUN24 389,930.00 6 2,339,580.00
0.10 ESM4 INDEX S&P500 EMINI FUT JUN24 271,375.00 3 814,125.00
0.00 OTHER PAYABLE & RECEIVABLES 1.00 -740 -740.23
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 05/31/24

Sector Weight (%)
Information Technology 96.4
Communication Services 3.6

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Packaged Software 50.9
Information Technology Services 21.1
Computer Communications 17.5
Internet Software/Services 8.4
Miscellaneous Commercial Services 2.1

Source: new windowAltaVista Research, LLC

Country Weight (%)
United States 65.1
Israel 15.9
Japan 7.2
Britain 4.6
Canada 4.4
South Korea 2.8

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 06/12/24

Return on Equity 14.90%
Weighted Avg. Market Cap 19,620 M
2023 2024
Price-to-earnings 43.10 32.80
Price-to-book value 5.22 4.56

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 05/31/24

Versus Beta
S&P 500 0.82
NASDAQ-100 0.73
MSCI Emg. Mkts 0.41
Standard Deviation 24.60%

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.