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 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%

Performance History

As of recent
As of recent
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.

Top Holdings As of 09/29/22

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 Emg. Mkts 0.77
Standard Deviation 28.30%

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.

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