BUG
Global X Cybersecurity ETF
BUG tracks a modified market-cap-weighted global index of companies selected on the basis of revenue related to cybersecurity activities.
Fund Basics
| Fund sponsor | Global X |
| Category | International Equities |
| Asset class | Equity |
| Website | link... |
| Inception date | Oct 25, 2019 |
| Assets (mns) | $600 |
| Expense ratio | 51 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Semi-annual |
| Taxation | 1099 |
| Stock selection | Market Cap |
| Weighting | Market Cap |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| ZSCALER, INC. | 8.9 % |
| CROWDSTRIKE HOLDINGS, INC. CLASS A | 7.1 % |
| PALO ALTO NETWORKS INC | 6.5 % |
| CHECK POINT SOFTWARE TECH | 5.9 % |
| OKTA, INC. CLASS A | 5.7 % |
| QUALYS INC | 5.4 % |
| DARKTRACE PLC | 5.4 % |
| VARONIS SYSTEMS INC | 5.2 % |
| CYBERARK SOFTWARE LTD. | 5.1 % |
| TENABLE HOLDINGS, INC. | 5.0 % |
Constituent Breakdown
| Number of holdings | 23 |
| Herfindahl-Hirschman Index | 515 |
| Wgt avg mkt cap (mns) | $11,552 |
| Large cap (>$10bn) | 39.3% |
| Mid cap ($2-10bn) | 38.7% |
| Small cap (<$2bn) | 16.2% |
| Developed mkts. | 97.4% |
| Emerging mkts. | 2.6% |
Country Exposure
 |
UNITED STATES | 67.7 % |
 |
ISRAEL | 14.5 % |
 |
BRITAIN | 5.5 % |
 |
JAPAN | 5.2 % |
 |
CANADA | 4.5 % |
 |
SOUTH KOREA | 2.5 % |
Historical Performance
Standardized Annual Returns (as of 08/31/2023)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. |
|---|---|---|---|---|---|---|
| 20.9% | -5.7% | -11.2% | 4.1% | -- | -- | 14.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.78 | 27% |
| MSCI EAFE | 0.53 | 13% |
| MSCI Emg Mkts | 0.48 | 10% |
Liquidity Measures
| Avg. volume (000) | 229 |
| Turnover | 0.9% |
| Avg. Bid/Ask (% of price) | 0.18% |
| ADV of underlying (mns) | $602 |
Technical Indicators
| Recent close | $24.18 |
| 30d moving avg. | $24.37 |
| Annualized volatility | 26.9% |
| Relative strength (RSI) | 53 |
| Short interest (ETF) | 1.3% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. BUG |
Expenses vs. BUG |
ALTAR Score™ vs. BUG |
|---|---|---|---|---|
| WCBR | WisdomTree Cybersecurity Fund | 59.2% | -6 bp | -0.8% |
| IHAK | iShares Cybersecurity & Tech ETF | 50.1% | -4 bp | +1.6% |
| CIBR | First Trust NASDAQ CEA Cybersecurity ETF | 48.2% | +9 bp | +2.8% |
| HACK | ETFMG Prime Cyber Security ETF | 44.0% | +9 bp | +2.4% |
| FITE | SPDR Kensho Future Security ETF | 24.6% | -6 bp | +1.8% |
| LRNZ | TrueMark Technology, AI & Deep Learning ETF | 17.7% | +18 bp | -3.3% |
| SPRX | Spear Alpha ETF | 17.4% | +24 bp | -0.7% |
| TRFK | Pacer Data and Digital Revolution ETF | 16.9% | +9 bp | +2.7% |
| WFH | Direxion Work From Home ETF | 15.1% | -6 bp | -2.1% |
| ITEQ | BlueStar Israel Technology ETF | 15.1% | +24 bp | +0.2% |
Risk and Returns: BUG vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023E | 2024E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| 2022 | 2023E | Fwd Est | 2024E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 9/28/2023
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
BUG
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
BUG
2.1%
Cat. Avg
8.2%
Fund Category: International Equities
| Avg. Return on Equity | --% |
| Divided by: Fwd. P/BV | --x |
| Less: Expenses | -- bp |
| Equals: ALTAR Score™ | 2.1% |
Recommendation
AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may be less relevant.
Category Overview
There are 271 funds in the International Equities category, with an average ALTAR Score™
of 8.2% and a standard deviation of
2.6%. BUG's ALTAR Score™ is approximately
2.4 standard deviations
below
the category average. This places BUG in the 1st percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
BUG
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Market Activity
| Latest price | |
| Change | |
| Volume | |
| Bid/Ask Spread | |
| Update |
Today's Trading
Trading data provided for free by IEX. By accessing this data you agree to abide by their Terms of Service.
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| BUG | 51.0 | 18.2 | 69.2 |
| Peer Avg. | -- | -- | -- |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .