BUG vs. AIQ

Last updated Jun 24, 2026

BUG (Global X Cybersecurity ETF) and AIQ (Global X Artificial Intelligence & Technology ETF) are both Technology Equities funds from Global X - BUG tracks the Indxx Cybersecurity Index while AIQ tracks the Indxx Artificial Intelligence & Big Data Index. Both are passively managed. Over the past 5 years, BUG returned 3.60%/yr vs 16.16%/yr for AIQ. A 0.73 correlation means they provide meaningful diversification when combined. BUG charges 0.50%/yr vs 0.68%/yr for AIQ.

Performance

BUG vs. AIQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Cybersecurity ETF (BUG) and Global X Artificial Intelligence & Technology ETF (AIQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BUG achieves a 11.69% return, which is significantly lower than AIQ's 24.56% return.

BUG

• 1D: 2.13%
• 1M: -0.96%
• YTD: 11.69%
• 6M: 9.26%
• 1Y: -6.48%
• 3Y*: 13.04%
• 5Y*: 3.60%
• 10Y*: —

AIQ

• 1D: -5.57%
• 1M: 0.86%
• YTD: 24.56%
• 6M: 23.60%
• 1Y: 51.28%
• 3Y*: 32.41%
• 5Y*: 16.16%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BUG vs. AIQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
BUG Global X Cybersecurity ETF	11.69%	-5.04%	9.59%	41.40%	-33.63%	13.24%	70.83%	6.21%
AIQ Global X Artificial Intelligence & Technology ETF	24.56%	31.89%	24.11%	55.39%	-36.44%	17.09%	52.88%	9.17%

Correlation

The correlation between BUG and AIQ is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.54
Correlation (3Y) Calculated over the trailing 3-year period	0.65
Correlation (5Y) Calculated over the trailing 5-year period	0.73
Correlation (All Time) Calculated using the full available price history since Oct 31, 2019	0.73

The correlation between BUG and AIQ shifts across timeframes, from 0.54 (1 year) to 0.73 (all time), reflecting how their relationship changes across market environments.

BUG vs. AIQ - Sectors Allocation Comparison

Sectors	BUG	AIQ
Technology	100.0%	77.4%
Communication Services	0.0%	11.0%
Consumer Cyclical	0.0%	7.2%
Consumer Defensive	0.0%	-
Healthcare	0.0%	0.4%
Basic Materials	-	-
Energy	-	-
Financial Services	-	0.5%
Industrials	-	3.4%
Real Estate	-	-
Utilities	-	-

Return for Risk

BUG vs. AIQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BUG

BUG Risk / Return Rank: 7
BUG Sharpe Ratio Rank: 7
BUG Sortino Ratio Rank: 7
BUG Omega Ratio Rank: 7
BUG Calmar Ratio Rank: 7
BUG Martin Ratio Rank: 7

AIQ

AIQ Risk / Return Rank: 58
AIQ Sharpe Ratio Rank: 60
AIQ Sortino Ratio Rank: 52
AIQ Omega Ratio Rank: 56
AIQ Calmar Ratio Rank: 65
AIQ Martin Ratio Rank: 59

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BUG vs. AIQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Cybersecurity ETF (BUG) and Global X Artificial Intelligence & Technology ETF (AIQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BUG	AIQ	Difference
Sharpe ratio: Return per unit of total volatility	-0.21	1.94	-2.15
Sortino ratio: Return per unit of downside risk	-0.08	2.44	-2.52
Omega ratio: Gain probability vs. loss probability	0.99	1.34	-0.35
Calmar ratio: Return relative to maximum drawdown	-0.17	3.13	-3.30
Martin ratio: Return relative to average drawdown	-0.35	10.06	-10.41

BUG vs. AIQ - Sharpe Ratio Comparison

The current BUG Sharpe Ratio is -0.21, which is lower than the AIQ Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of BUG and AIQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BUG vs. AIQ - Drawdown Comparison

The maximum BUG drawdown since its inception was -41.66%, smaller than the maximum AIQ drawdown of -44.66%. Use the drawdown chart below to compare losses from any high point for BUG and AIQ.

Drawdown Indicators

	BUG	AIQ	Difference
Max Drawdown Largest peak-to-trough decline	-41.66%	-44.66%	+3.00%
Max Drawdown (1Y) Largest decline over 1 year	-37.69%	-16.47%	-21.22%
Max Drawdown (3Y) Largest decline over 3 years	-37.69%	-26.35%	-11.34%
Max Drawdown (5Y) Largest decline over 5 years	-41.66%	-44.66%	+3.00%
Current Drawdown Current decline from peak	-11.75%	-9.68%	-2.07%
Average Drawdown Average peak-to-trough decline	-14.38%	-9.78%	-4.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.53%	5.11%	+13.42%

Volatility

BUG vs. AIQ - Volatility Comparison

The current volatility for Global X Cybersecurity ETF (BUG) is 13.95%, while Global X Artificial Intelligence & Technology ETF (AIQ) has a volatility of 15.10%. This indicates that BUG experiences smaller price fluctuations and is considered to be less risky than AIQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BUG	AIQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.95%	15.10%	-1.15%
Volatility (6M) Calculated over the trailing 6-month period	26.20%	22.68%	+3.52%
Volatility (1Y) Calculated over the trailing 1-year period	31.21%	26.54%	+4.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.55%	26.01%	+2.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.30%	25.84%	+3.46%

BUG vs. AIQ - Expense Ratio Comparison

BUG has a 0.50% expense ratio, which is lower than AIQ's 0.68% expense ratio.

Dividends

BUG vs. AIQ - Dividend Comparison

BUG's dividend yield for the trailing twelve months is around 0.03%, less than AIQ's 0.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
AIQ Global X Artificial Intelligence & Technology ETF	0.15%	0.18%	0.14%	0.16%	0.56%	0.15%	0.50%	0.51%	0.51%
BUG Global X Cybersecurity ETF	0.03%	0.04%	0.09%	0.10%	1.56%	0.66%	0.46%	0.24%	0.00%

Frequently Asked Questions

Can I hold both BUG and AIQ in my portfolio?

BUG and AIQ have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BUG or AIQ?

AIQ has higher volatility (15.10%) compared to BUG (13.95%). In terms of maximum drawdown, BUG dropped -41.66% vs AIQ's -44.66%.

Which ETF is better, BUG or AIQ?

On 5-year performance, AIQ leads with 16.16% vs 3.60% for BUG. On fees, BUG is cheaper at 0.50% per year. On volatility, BUG has been the lower-risk option at 13.95%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BUG or AIQ?

Over the 5-year period, AIQ has performed better with a 16.16% return vs 3.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BUG or AIQ?

BUG is cheaper with a 0.50% expense ratio, compared with 0.68% for AIQ.

Which ETF pays a higher dividend yield, BUG or AIQ?

AIQ has the higher dividend yield at 0.15%, compared with 0.03% for BUG.

What is the main difference between BUG and AIQ?

BUG tracks Indxx Cybersecurity Index, while AIQ tracks Indxx Artificial Intelligence & Big Data Index. Their fees differ too: 0.50% for BUG and 0.68% for AIQ.

Which has better risk-adjusted returns?

AIQ currently has the higher Sharpe Ratio (1.94 vs -0.21), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.