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 11/30/21

Inception Date 10/25/19
Total Expense Ratio 0.50%
Net Assets $1.13 billion
NAV $31.75
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 11/30/21

Ticker BUG
Bloomberg Index Ticker IBUGT
CUSIP 37954Y384
ISIN US37954Y3844
Primary Exchange Nasdaq
Shares Outstanding 35,480,000
Number of Holdings 33
30-Day Median Bid-Ask Spread 0.09%

Distributions As of 11/30/21

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

ETF Prices As of 11/30/21

NAV $31.75 Daily Change -$0.53 -1.64%
Market Price $31.84 Daily Change -$0.48 -1.49%

Performance History

As of recent
As of recent
Fund NAV Market Price Index
1 Year 39.92% 40.26% 40.51%
Since Inception 43.57% 45.04% 43.55%
1 Year 61.16% 61.02% 61.83%
Since Inception 47.85% 49.39% 47.82%
Year-to-Date 8.17% 8.04% 8.57%
1 Month -6.37% -6.27% -6.34%
3 Months 5.73% 5.83% 5.89%
Since Inception 101.16% 105.18% 101.22%
Year-to-Date 18.29% 18.27% 18.78%
1 Month 9.36% 9.47% 9.41%
3 Months 11.37% 11.52% 11.56%
Since Inception 119.99% 124.61% 120.15%

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 11/30/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
7.09 PANW PALO ALTO NETWORKS INC B87ZMX0 546.94 146,656 80,212,032.64
6.69 ZS ZSCALER INC BZ00V34 346.97 218,208 75,711,629.76
6.28 FTNT FORTINET INC B5B2106 332.11 214,026 71,080,174.86
6.15 CHKP CHECK POINT SOFTWARE TECH 2181334 111.31 625,213 69,592,459.03
5.39 OKTA OKTA INC BDFZSP1 215.23 283,226 60,958,731.98
5.05 AVST LN AVAST PLC BDD85M8 8.01 7,130,551 57,149,310.66
4.97 CRWD CROWDSTRIKE HO-A BJJP138 217.14 259,037 56,247,294.18
4.82 4704 JP TREND MICRO INC 6125286 57.69 945,303 54,531,107.93
4.78 NLOK NORTONLIFELOCK INC BJN4XN5 24.85 2,177,154 54,102,276.90
4.36 RPD RAPID7 INC BZ22CY6 124.06 397,548 49,319,804.88
4.26 MIME MIMECAST LTD BYT5JK6 81.00 595,948 48,271,788.00
4.25 CYBR CYBERARK SOFTWAR BQT3XY6 172.85 278,558 48,148,750.30
4.21 TENB TENABLE HOLDINGS INC BF7J7N6 49.40 963,643 47,603,964.20
4.02 QLYS QUALYS INC B7XJTN8 130.29 349,565 45,544,823.85
3.91 VRNS VARONIS SYSTEMS INC BJZ2ZR5 51.81 854,751 44,284,649.31
3.86 SAIL SAILPOINT TECHNO BD390V5 52.59 831,788 43,743,730.92
3.45 MCFE MCAFEE CORP - CLASS A BMF7JD5 25.85 1,511,533 39,073,128.05
3.36 DARK LN DARKTRACE PLC BNYK8G8 6.09 6,243,388 37,995,905.06
3.21 MNDT MANDIANT INC BPH0580 16.97 2,139,760 36,311,727.20
1.78 S SENTINELONE INC -CLASS A BP7L1B8 53.97 372,596 20,109,006.12
1.54 PING PING IDENTITY HO BKT6B49 23.81 733,318 17,460,301.58
1.06 RDWR RADWARE LTD 2494548 28.97 413,686 11,984,483.42
0.93 ATEN A10 NETWORKS INC BKQVBN6 15.42 684,198 10,550,333.16
0.92 2326 JP DIGITAL ARTS INC 6543587 83.05 126,010 10,465,227.88
0.83 TLS TELOS CORPORATION BLDDYL1 15.75 595,354 9,376,825.50
0.54 OSPN ONESPAN INC BFNSSD4 17.09 356,839 6,098,378.51
0.43 053800 KS AHNLAB INC 6406271 55.22 88,479 4,886,120.38
0.38 ZIXI ZIX CORP 2032238 8.47 501,841 4,250,593.27
0.35 ABST CN ABSOLUTE SOFTWRE 2570761 8.92 437,655 3,903,003.74
0.30 SCWX SECUREWORKS CORP - A BZB13V8 17.76 191,343 3,398,251.68
0.26 4493 JP CYBER SECURITY CLOUD INC BLH7KW2 18.52 158,280 2,931,549.96
0.25 TUFN TUFIN SOFTWARE T BJHK016 8.26 348,371 2,877,544.46
0.22 VHC VIRNETX HOLDING CORP 2443346 3.00 830,185 2,490,555.00
0.13 CASH -0.09 -15,142,255 1,424,102.64
Holdings are subject to change.

Sector Breakdown As of 10/31/21

Sector Weight (%)
Information Technology 84.1
Communication Services 14.4
Industrials 1.6

Source: AltaVista Research, LLC

Country Breakdown As of 10/31/21

Country Weight (%)
United States 73.9
Israel 11.7
Britain 8.1
Japan 5.3
South Korea 0.5
Canada 0.4
Other/Cash 0.1

Source: AltaVista Research, LLC

ETF Characteristics As of 11/30/21

Return on Equity 20.80%
Weighted Avg. Market Cap 19,096 M
2020 2021
Price-to-earnings 59.44 59.19
Price-to-book value 13.47 11.38

Source: AltaVista Research, LLC

ETF Risk Stats As of 11/30/21

Versus Beta
S&P 500 1.04
MSCI Emg. Mkts 0.73
Standard Deviation 29.20%

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.