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 09/22/22

Inception Date 10/25/19
Total Expense Ratio 0.50%
Net Assets $1.06 billion
NAV $24.29
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 09/22/22

Ticker BUG
Bloomberg Index Ticker IBUGT
CUSIP 37954Y384
ISIN US37954Y3844
Primary Exchange Nasdaq
Shares Outstanding 43,640,000
Number of Holdings 25
30-Day Median Bid-Ask Spread 0.16%

Distributions As of 09/22/22

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

ETF Prices As of 09/22/22

NAV $24.29 Daily Change -$0.85 -3.36%
Market Price $24.29 Daily Change -$0.94 -3.73%

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 09/22/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
7.76 PANW PALO ALTO NETWORKS INC B87ZMX0 166.18 495,168 82,287,018.24
7.54 CHKP CHECK POINT SOFTWARE TECH 2181334 112.37 711,086 79,904,733.82
7.35 CRWD CROWDSTRIKE HO-A BJJP138 161.28 483,039 77,904,529.92
7.06 FTNT FORTINET INC B5B2106 48.74 1,536,290 74,878,774.60
7.04 ZS ZSCALER INC BZ00V34 162.56 459,122 74,634,872.32
6.85 QLYS QUALYS INC B7XJTN8 144.79 501,113 72,556,151.27
6.42 CYBR CYBERARK SOFTWAR BQT3XY6 147.89 460,406 68,089,443.34
6.07 NLOK NORTONLIFELOCK INC BJN4XN5 21.27 3,025,314 64,348,427.72
6.06 4704 JP TREND MICRO INC 6125286 55.24 1,163,437 64,273,763.68
5.26 S SENTINELONE INC -CLASS A BP7L1B8 24.89 2,238,512 55,716,563.68
4.40 VRNS VARONIS SYSTEMS INC BJZ2ZR5 26.47 1,762,528 46,654,116.16
4.24 TENB TENABLE HOLDINGS INC BF7J7N6 35.50 1,266,433 44,958,371.50
4.09 OKTA OKTA INC BDFZSP1 55.26 784,160 43,332,681.60
4.01 DARK LN DARKTRACE PLC BNYK8G8 3.53 12,014,297 42,445,266.22
3.83 PING PING IDENTITY HO BKT6B49 28.25 1,436,058 40,568,638.50
3.67 RPD RAPID7 INC BZ22CY6 46.49 835,698 38,851,600.02
1.62 RDWR RADWARE LTD 2494548 22.15 773,219 17,126,800.85
1.58 ATEN A10 NETWORKS INC BKQVBN6 12.96 1,293,702 16,766,377.92
1.15 TLS TELOS CORPORATION BLDDYL1 10.49 1,157,979 12,147,199.71
1.01 2326 JP DIGITAL ARTS INC 6543587 44.41 240,879 10,696,692.28
0.88 ABST CN ABSOLUTE SOFTWRE 2570761 10.86 859,080 9,327,790.99
0.77 053800 KS AHNLAB INC 6406271 47.69 170,414 8,126,452.35
0.57 OSPN ONESPAN INC BFNSSD4 8.94 679,012 6,070,367.28
0.36 4493 JP CYBER SECURITY CLOUD INC BLH7KW2 13.51 278,270 3,760,008.45
0.32 SCWX SECUREWORKS CORP - A BZB13V8 8.33 405,422 3,377,165.26
0.11 CASH 1.00 1,128,478 1,128,480.16
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 09/22/22

Return on Equity 14.10%
Weighted Avg. Market Cap 14,366 M
2021 2022
Price-to-earnings 54.03 57.15
Price-to-book value 8.49 7.63

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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