BUG vs. CRWD

Last updated Jul 21, 2026

BUG (Global X Cybersecurity ETF) is Technology Equities fund tracking the Indxx Cybersecurity Index, while CRWD (CrowdStrike Holdings, Inc.) is a stock. Over the past 5 years, BUG returned 6.88%/yr vs 25.65%/yr for CRWD. A 0.78 correlation means they provide meaningful diversification when combined.

Performance

BUG vs. CRWD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Cybersecurity ETF (BUG) and CrowdStrike Holdings, Inc. (CRWD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BUG achieves a 32.63% return, which is significantly lower than CRWD's 69.37% return.

BUG

• 1D: -1.17%
• 1M: 19.21%
• 6M: 35.39%
• YTD: 32.63%
• 1Y: 13.94%
• 3Y*: 18.67%
• 5Y*: 6.88%
• 10Y*: —
• ALL TIME*: 15.68%

CRWD

• 1D: -2.26%
• 1M: 15.93%
• 6M: 74.93%
• YTD: 69.37%
• 1Y: 66.81%
• 3Y*: 73.93%
• 5Y*: 25.65%
• 10Y*: —
• ALL TIME*: 42.69%

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

BUG vs. CRWD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
BUG Global X Cybersecurity ETF	32.63%	-5.04%	9.59%	41.40%	-33.63%	13.24%	70.83%	6.21%
CRWD CrowdStrike Holdings, Inc.	69.37%	37.00%	34.01%	142.49%	-48.58%	-3.34%	324.74%	-3.06%

Correlation

The correlation between BUG and CRWD is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.84
Correlation (3Y) Calculated over the trailing 3-year period	0.77
Correlation (5Y) Calculated over the trailing 5-year period	0.82
Correlation (All Time) Calculated using the full available price history since Oct 31, 2019	0.78

The correlation between BUG and CRWD has been stable across timeframes, ranging from 0.77 to 0.84 - a consistent structural relationship.

Return for Risk

BUG vs. CRWD — Risk / Return Rank

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

BUG

BUG Risk / Return Rank: 18
BUG Sharpe Ratio Rank: 18
BUG Sortino Ratio Rank: 20
BUG Omega Ratio Rank: 19
BUG Calmar Ratio Rank: 16
BUG Martin Ratio Rank: 15

CRWD

CRWD Risk / Return Rank: 80
CRWD Sharpe Ratio Rank: 84
CRWD Sortino Ratio Rank: 80
CRWD Omega Ratio Rank: 79
CRWD Calmar Ratio Rank: 77
CRWD Martin Ratio Rank: 77

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. CRWD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Cybersecurity ETF (BUG) and CrowdStrike Holdings, Inc. (CRWD). 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	CRWD	Difference
Sharpe ratio: Return per unit of total volatility	0.43	1.42	-0.98
Sortino ratio: Return per unit of downside risk	0.81	2.04	-1.23
Omega ratio: Gain probability vs. loss probability	1.10	1.26	-0.16
Calmar ratio: Return relative to maximum drawdown	0.40	1.81	-1.41
Martin ratio: Return relative to average drawdown	0.87	4.27	-3.40

BUG vs. CRWD - Sharpe Ratio Comparison

The current BUG Sharpe Ratio is 0.43, which is lower than the CRWD Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of BUG and CRWD, 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. CRWD - Drawdown Comparison

The maximum BUG drawdown since its inception was -41.66%, smaller than the maximum CRWD drawdown of -67.69%. Use the drawdown chart below to compare losses from any high point for BUG and CRWD.

Drawdown Indicators

	BUG	CRWD	Difference
Max Drawdown Largest peak-to-trough decline	-41.66%	-67.69%	+26.03%
Max Drawdown (1Y) Largest decline over 1 year	-35.16%	-37.18%	+2.02%
Max Drawdown (3Y) Largest decline over 3 years	-37.69%	-44.44%	+6.75%
Max Drawdown (5Y) Largest decline over 5 years	-41.66%	-67.69%	+26.03%
Current Drawdown Current decline from peak	-3.79%	-5.81%	+2.02%
Average Drawdown Average peak-to-trough decline	-14.26%	-23.38%	+9.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.12%	15.69%	+0.43%

Volatility

BUG vs. CRWD - Volatility Comparison

The current volatility for Global X Cybersecurity ETF (BUG) is 11.15%, while CrowdStrike Holdings, Inc. (CRWD) has a volatility of 16.34%. This indicates that BUG experiences smaller price fluctuations and is considered to be less risky than CRWD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BUG	CRWD	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.15%	16.34%	-5.19%
Volatility (6M) Calculated over the trailing 6-month period	28.08%	39.79%	-11.71%
Volatility (1Y) Calculated over the trailing 1-year period	32.54%	47.52%	-14.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.93%	51.10%	-22.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.47%	56.05%	-26.58%

Dividends

BUG vs. CRWD - Dividend Comparison

BUG's dividend yield for the trailing twelve months is around 0.03%, while CRWD has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
BUG Global X Cybersecurity ETF	0.03%	0.04%	0.09%	0.10%	1.56%	0.66%	0.46%	0.24%
CRWD CrowdStrike Holdings, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BUG and CRWD in my portfolio?

BUG and CRWD have a correlation of 0.84, 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 CRWD?

CRWD has higher volatility (16.34%) compared to BUG (11.15%). In terms of maximum drawdown, BUG dropped -41.66% vs CRWD's -67.69%.

Which has better risk-adjusted returns?

CRWD currently has the higher Sharpe Ratio (1.42 vs 0.43), 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.