BUG

Cybersecurity ETF

Overview Prices & Performance Holdings & Characteristics Research Documents

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 09/29/22

Inception Date	10/25/19
Total Expense Ratio	0.50%
Net Assets	$1.05 billion
NAV	$24.19
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 09/29/22

Ticker	BUG
Bloomberg Index Ticker	IBUGT
CUSIP	37954Y384
ISIN	US37954Y3844
Primary Exchange	Nasdaq
Shares Outstanding	43,540,000
Number of Holdings	25
30-Day Median Bid-Ask Spread	0.19%

Distributions As of 09/29/22

30-Day SEC Yield	-0.11%
Distribution Frequency	Semi-Annually

ETF Prices As of 09/29/22

NAV	$24.19	Daily Change	-$0.25	-1.01%
Market Price	$24.21	Daily Change	-$0.31	-1.26%

As of recent (06/30/22) As of recent (06/30/22)	Fund NAV	Market Price	Index
1 Year	-12.59%	-12.72%	-12.43%
Since Inception	20.88%	21.67%	21.33%
1 Year	-16.28%	-16.45%	-15.99%
Since Inception	22.85%	23.58%	23.32%
Year-to-Date	-21.33%	-21.31%	-21.16%
1 Month	-5.12%	-5.09%	-5.09%
3 Months	-20.48%	-20.43%	-20.39%
Since Inception	66.30%	69.22%	67.97%
Year-to-Date	-14.91%	-14.95%	-14.65%
1 Month	5.21%	4.97%	5.25%
3 Months	2.62%	2.58%	2.74%
Since Inception	79.87%	82.89%	81.84%

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.

Net Assets (%)	Ticker	Name	SEDOL	Market Price ($)	Shares Held	Market Value ($)
7.77	PANW	PALO ALTO NETWORKS INC	B87ZMX0	165.58	494,028	81,801,156.24
7.60	CHKP	CHECK POINT SOFTWARE TECH	2181334	112.88	709,456	80,083,393.28
7.58	CRWD	CROWDSTRIKE HO-A	BJJP138	165.70	481,929	79,855,635.30
7.22	FTNT	FORTINET INC	B5B2106	49.63	1,532,770	76,071,375.10
7.22	ZS	ZSCALER INC	BZ00V34	165.89	458,072	75,989,564.08
6.75	QLYS	QUALYS INC	B7XJTN8	142.17	499,963	71,079,739.71
6.51	CYBR	CYBERARK SOFTWAR	BQT3XY6	149.16	459,356	68,517,540.96
5.90	4704 JP	TREND MICRO INC	6125286	53.53	1,160,777	62,135,025.28
5.84	NLOK	NORTONLIFELOCK INC	BJN4XN5	20.37	3,018,393	61,484,665.41
5.52	S	SENTINELONE INC -CLASS A	BP7L1B8	26.01	2,233,392	58,090,525.92
4.49	VRNS	VARONIS SYSTEMS INC	BJZ2ZR5	26.90	1,758,498	47,303,596.20
4.22	OKTA	OKTA INC	BDFZSP1	56.80	782,360	44,438,048.00
4.17	TENB	TENABLE HOLDINGS INC	BF7J7N6	34.74	1,263,523	43,894,789.02
3.83	PING	PING IDENTITY HO	BKT6B49	28.17	1,432,758	40,360,792.86
3.76	DARK LN	DARKTRACE PLC	BNYK8G8	3.30	11,986,807	39,548,196.34
3.45	RPD	RAPID7 INC	BZ22CY6	43.53	833,778	36,294,356.34
1.65	ATEN	A10 NETWORKS INC	BKQVBN6	13.42	1,290,722	17,321,489.24
1.60	RDWR	RADWARE LTD	2494548	21.82	771,439	16,832,798.98
1.01	TLS	TELOS CORPORATION	BLDDYL1	9.17	1,155,309	10,594,183.53
1.00	2326 JP	DIGITAL ARTS INC	6543587	43.98	240,319	10,570,412.81
0.94	ABST CN	ABSOLUTE SOFTWRE	2570761	11.54	857,100	9,893,100.73
0.70	053800 KS	AHNLAB INC	6406271	43.16	170,024	7,337,890.33
0.57	OSPN	ONESPAN INC	BFNSSD4	8.86	677,442	6,002,136.12
0.32	4493 JP	CYBER SECURITY CLOUD INC	BLH7KW2	12.20	277,620	3,386,850.72
0.31	SCWX	SECUREWORKS CORP - A	BZB13V8	7.98	404,472	3,227,686.56
0.10		CASH		1.00	1,032,500	1,032,501.84

Holdings are subject to change.

Sector Breakdown As of 08/31/22

	Sector	Weight (%)
	Information Technology	95.5
	Communication Services	4.5

Source: AltaVista Research, LLC

Country Breakdown As of 08/31/22

	Country	Weight (%)
	United States	66.8
	Israel	13.0
	Britain	12.2
	Japan	6.5
	South Korea	0.8
	Canada	0.7

Source: AltaVista Research, LLC

ETF Characteristics As of 09/29/22

Return on Equity	14.10%
Weighted Avg. Market Cap	14,366 M
	2021	2022
Price-to-earnings	53.85	56.97
Price-to-book value	8.46	7.60

Source: AltaVista Research, LLC

ETF Risk Stats As of 08/31/22

Versus	Beta
S&P 500	0.91
MSCI EAFE	0.87
MSCI Emg. Mkts	0.77
Standard Deviation	28.30%

Source: AltaVista Research, LLC

ETF Research

Cloud Technology: Business Appears Stronger Than the Market Suggests

Cybersecurity in Israel: Fortifying Digital Defenses Amid Elevated Risks

Global X ETFs Survey: American Outlook on Cybersecurity Importance

View More Related Research

ETF Documents

Latest Premium / Discount As of 09/29/22

NAV	$24.19
Market Price	$24.21
Premium / (Discount)	$0.02

Current View 2022 Q3 As of 09/29/22

Days at Premium	38
Days at NAV	0
Days at Discount	25
Greatest Premium	0.82%
Greatest Discount	-0.22%

Daily Premium / Discount History As of 09/29/22

Hover over the chart points for details

View Chart Explanation

Download Chart Data (.CSV)

How can the Fund trade at a premium/discount to its NAV?

The primary explanation is that timing discrepancies can arise between the NAV and the trading price of the Fund. Since shares of the Fund trade on the open market, prices are affected by the constant flow of information received by investors, corporations and financial institutions. Depending on how this changing information affects investor sentiment, shares of the Fund may deviate slightly from the value of the Fund's underlying assets. The NAV of the Fund is only calculated once a day (normally at 4:00 p.m. eastern time). As a result, shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are purchased and sold at current market prices. However, due to the creation and redemption process that is unique to ETFs, market makers are able to minimize these deviations from NAV by taking advantage of arbitrage opportunities.

What causes these time discrepancies?

Close of Trading Times. Although both the NAV and the daily market price of the Fund are generally calculated based on prices at the closing time of the exchange (generally 4:00 p.m. eastern time), slight differences in this timing may cause discrepancies.

Time of Last Trade. Trading of Global X funds generally takes place during normal trading hours (9:30 a.m. to 4:00 p.m. eastern time). However, it is important to note that the last trade - from which the closing price is determined - may not occur at exactly 4:00 p.m. eastern time. Therefore, changing market sentiment during the time difference may cause the NAV to deviate from the closing price.

International Holdings. The premiums and discounts for funds with significant holdings in international markets may be less accurate due to the different closing times of various international markets. Because the Funds trade during U.S. market hours while the underlying securities may not, the time lapse between the markets can result in differences between the NAV and the trading price.

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.

Inception Date	Aug 24, 2022
Trailing 1 Month	--
Trailing 3 Months	--
Trailing 12 Months	--

Inception Date	Aug 24, 2022
Trailing 1 Month	--
Trailing 3 Months	--
Trailing 12 Months	--

BUG

Cybersecurity ETF

Reasons to Consider BUG

High Growth Potential

Long-Term, Global Challenge

Unconstrained Approach

Key Information As of 09/29/22

ETF Summary

ETF Objective

Trading Details As of 09/29/22

Distributions As of 09/29/22

ETF Prices As of 09/29/22

Performance History

Top Holdings As of 09/29/22

Sector Breakdown As of 08/31/22

Country Breakdown As of 08/31/22

ETF Characteristics As of 09/29/22

ETF Risk Stats As of 08/31/22

ETF Research

Cloud Technology: Business Appears Stronger Than the Market Suggests

Cybersecurity in Israel: Fortifying Digital Defenses Amid Elevated Risks

Global X ETFs Survey: American Outlook on Cybersecurity Importance

ETF Documents