Cybersecurity ETF

Reasons to Consider BUG

High Growth Potential

Forecasts suggest the global cybersecurity market could grow from nearly $180bn in 2021 to more than $370bn by 2028.1

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.

1Grand View Research, Apr 2021

Key Information As of 01/19/22

Inception Date 10/25/19
Total Expense Ratio 0.50%
Net Assets $1.01 billion
NAV $28.60
Fact Sheet

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 01/19/22

Ticker BUG
Bloomberg Index Ticker IBUGT
CUSIP 37954Y384
ISIN US37954Y3844
Primary Exchange Nasdaq
Shares Outstanding 35,370,000
Number of Holdings 32
30-Day Median Bid-Ask Spread 0.20%

Distributions As of 01/19/22

30-Day SEC Yield -0.38%
Distribution Frequency Semi-Annually

ETF Prices As of 01/19/22

NAV $28.60 Daily Change -$0.09 -0.33%
Market Price $28.64 Daily Change -$0.06 -0.21%

Performance History

As of recent month & quarter-end (12/31/21)
As of recent month & quarter-end (12/31/21)
Fund NAV Market Price Index
1 Year 13.67% 13.23% 14.94%
Since Inception 40.90% 42.02% 41.33%
1 Year 13.67% 13.23% 14.94%
Since Inception 40.90% 42.02% 41.33%
Year-to-Date 13.67% 13.23% 14.94%
1 Month 0.78% 0.43% 1.45%
3 Months 5.08% 4.81% 5.87%
Since Inception 111.39% 115.05% 113.04%
Year-to-Date 13.67% 13.23% 14.94%
1 Month 0.78% 0.43% 1.45%
3 Months 5.08% 4.81% 5.87%
Since Inception 111.39% 115.05% 113.04%

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 of the Fund, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings As of 01/19/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
7.63 CHKP CHECK POINT SOFTWARE TECH 2181334 124.88 617,886 77,161,603.68
7.45 PANW PALO ALTO NETWORKS INC B87ZMX0 519.61 144,961 75,323,185.21
6.42 FTNT FORTINET INC B5B2106 307.16 211,522 64,971,097.52
5.71 AVST LN AVAST PLC BDD85M8 8.20 7,044,666 57,760,634.91
5.61 NLOK NORTONLIFELOCK INC BJN4XN5 26.36 2,150,821 56,695,641.56
5.46 OKTA OKTA INC BDFZSP1 197.42 279,876 55,253,119.92
5.40 ZS ZSCALER INC BZ00V34 253.11 215,645 54,581,905.95
4.64 MIME MIMECAST LTD BYT5JK6 79.68 588,543 46,895,106.24
4.61 4704 JP TREND MICRO INC 6125286 49.94 933,742 46,629,935.46
4.61 TENB TENABLE HOLDINGS INC BF7J7N6 48.96 951,878 46,603,946.88
4.45 CRWD CROWDSTRIKE HO-A BJJP138 175.71 255,879 44,960,499.09
4.27 QLYS QUALYS INC B7XJTN8 124.96 345,239 43,141,065.44
3.86 CYBR CYBERARK SOFTWAR BQT3XY6 141.77 275,113 39,002,770.01
3.82 MCFE MCAFEE CORP - CLASS A BMF7JD5 25.64 1,506,928 38,637,633.92
3.57 RPD RAPID7 INC BZ22CY6 91.70 393,613 36,094,312.10
3.50 DARK LN DARKTRACE PLC BNYK8G8 5.68 6,221,314 35,357,528.49
3.30 MNDT MANDIANT INC BPH0580 15.65 2,133,115 33,383,249.75
3.27 SAIL SAILPOINT TECHNO BD390V5 39.92 828,911 33,090,127.12
3.05 VRNS VARONIS SYSTEMS INC BJZ2ZR5 36.42 846,640 30,834,628.80
1.52 S SENTINELONE INC -CLASS A BP7L1B8 41.38 371,504 15,372,835.52
1.46 PING PING IDENTITY HO BKT6B49 20.21 731,877 14,791,234.17
1.39 RDWR RADWARE LTD 2494548 33.98 413,439 14,048,657.22
0.97 ATEN A10 NETWORKS INC BKQVBN6 14.37 684,203 9,831,997.11
0.80 TLS TELOS CORPORATION BLDDYL1 13.64 589,642 8,042,716.88
0.72 2326 JP DIGITAL ARTS INC 6543587 58.25 124,835 7,271,305.75
0.62 053800 KS AHNLAB INC 6406271 71.16 87,704 6,240,653.83
0.58 OSPN ONESPAN INC BFNSSD4 16.47 353,405 5,820,580.35
0.34 ABST CN ABSOLUTE SOFTWRE 2570761 7.82 433,454 3,390,742.84
0.31 TUFN TUFIN SOFTWARE T BJHK016 9.10 345,073 3,140,164.30
0.26 SCWX SECUREWORKS CORP - A BZB13V8 13.85 189,473 2,624,201.05
0.19 VHC VIRNETX HOLDING CORP 2443346 2.27 822,142 1,866,262.34
0.18 4493 JP CYBER SECURITY CLOUD INC BLH7KW2 11.41 156,750 1,789,039.27
0.09 CASH 1.00 907,979 906,782.02
Holdings are subject to change.

Sector Breakdown As of 12/31/21

Sector Weight (%)
Information Technology 98.1
Communication Services 1.6
Industrials 0.3

Source: AltaVista Research, LLC

Country Breakdown As of 12/31/21

Country Weight (%)
United States 68.3
Israel 12.5
Britain 12.5
Japan 5.6
South Korea 0.7
Canada 0.4

Source: AltaVista Research, LLC

ETF Characteristics As of 01/19/22

Return on Equity 19.60%
Weighted Avg. Market Cap 18,497 M
2020 2021
Price-to-earnings 50.41 50.84
Price-to-book value 10.73 9.29

Source: AltaVista Research, LLC

ETF Risk Stats As of 01/19/22

Versus Beta
S&P 500 1.02
MSCI Emg. Mkts 0.73
Standard Deviation 28.70%

Source: AltaVista 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.