BUG vs. FITE

Last updated Jun 24, 2026

BUG (Global X Cybersecurity ETF) and FITE (SPDR S&P Kensho Future Security ETF) are both Technology Equities funds - BUG tracks the Indxx Cybersecurity Index while FITE tracks the S&P Kensho Future Security Index. Both are passively managed. Over the past 5 years, BUG returned 3.60%/yr vs 15.14%/yr for FITE. A 0.78 correlation means they provide meaningful diversification when combined. BUG charges 0.50%/yr vs 0.45%/yr for FITE.

Performance

BUG vs. FITE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Cybersecurity ETF (BUG) and SPDR S&P Kensho Future Security ETF (FITE). 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 FITE's 22.77% return.

BUG

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

FITE

• 1D: -0.15%
• 1M: -3.30%
• YTD: 22.77%
• 6M: 19.69%
• 1Y: 44.10%
• 3Y*: 30.69%
• 5Y*: 15.14%
• 10Y*: —

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

BUG vs. FITE - 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%
FITE SPDR S&P Kensho Future Security ETF	22.77%	27.73%	21.63%	28.48%	-17.98%	14.45%	20.38%	2.35%

Correlation

The correlation between BUG and FITE is 0.63, 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	0.63
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.80
Correlation (All Time) Calculated using the full available price history since Oct 31, 2019	0.78

The correlation between BUG and FITE shifts across timeframes, from 0.63 (1 year) to 0.80 (5 years), reflecting how their relationship changes across market environments.

BUG vs. FITE - Sectors Allocation Comparison

Sectors	BUG	FITE
Technology	100.0%	53.8%
Communication Services	0.0%	4.2%
Consumer Cyclical	0.0%	-
Consumer Defensive	0.0%	-
Healthcare	0.0%	2.6%
Basic Materials	-	-
Energy	-	1.9%
Financial Services	-	-
Industrials	-	37.6%
Real Estate	-	-
Utilities	-	-

Return for Risk

BUG vs. FITE — 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

FITE

FITE Risk / Return Rank: 51
FITE Sharpe Ratio Rank: 51
FITE Sortino Ratio Rank: 48
FITE Omega Ratio Rank: 45
FITE Calmar Ratio Rank: 61
FITE Martin Ratio Rank: 49

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. FITE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Cybersecurity ETF (BUG) and SPDR S&P Kensho Future Security ETF (FITE). 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	FITE	Difference
Sharpe ratio: Return per unit of total volatility	-0.21	1.67	-1.88
Sortino ratio: Return per unit of downside risk	-0.08	2.29	-2.37
Omega ratio: Gain probability vs. loss probability	0.99	1.28	-0.29
Calmar ratio: Return relative to maximum drawdown	-0.17	2.89	-3.06
Martin ratio: Return relative to average drawdown	-0.35	7.90	-8.25

BUG vs. FITE - Sharpe Ratio Comparison

The current BUG Sharpe Ratio is -0.21, which is lower than the FITE Sharpe Ratio of 1.67. The chart below compares the historical Sharpe Ratios of BUG and FITE, 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. FITE - Drawdown Comparison

The maximum BUG drawdown since its inception was -41.66%, which is greater than FITE's maximum drawdown of -36.90%. Use the drawdown chart below to compare losses from any high point for BUG and FITE.

Drawdown Indicators

	BUG	FITE	Difference
Max Drawdown Largest peak-to-trough decline	-41.66%	-36.90%	-4.76%
Max Drawdown (1Y) Largest decline over 1 year	-37.69%	-15.35%	-22.34%
Max Drawdown (3Y) Largest decline over 3 years	-37.69%	-22.07%	-15.62%
Max Drawdown (5Y) Largest decline over 5 years	-41.66%	-27.14%	-14.52%
Current Drawdown Current decline from peak	-11.75%	-11.62%	-0.13%
Average Drawdown Average peak-to-trough decline	-14.38%	-7.40%	-6.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.53%	5.60%	+12.93%

Volatility

BUG vs. FITE - Volatility Comparison

Global X Cybersecurity ETF (BUG) has a higher volatility of 13.95% compared to SPDR S&P Kensho Future Security ETF (FITE) at 12.19%. This indicates that BUG's price experiences larger fluctuations and is considered to be riskier than FITE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BUG	FITE	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.95%	12.19%	+1.76%
Volatility (6M) Calculated over the trailing 6-month period	26.20%	21.45%	+4.75%
Volatility (1Y) Calculated over the trailing 1-year period	31.21%	26.49%	+4.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.55%	22.79%	+5.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.30%	23.21%	+6.09%

BUG vs. FITE - Expense Ratio Comparison

BUG has a 0.50% expense ratio, which is higher than FITE's 0.45% expense ratio.

Dividends

BUG vs. FITE - Dividend Comparison

BUG's dividend yield for the trailing twelve months is around 0.03%, less than FITE's 0.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BUG Global X Cybersecurity ETF	0.03%	0.04%	0.09%	0.10%	1.56%	0.66%	0.46%	0.24%	0.00%
FITE SPDR S&P Kensho Future Security ETF	0.14%	0.23%	0.12%	0.13%	0.12%	0.92%	0.88%	0.44%	1.79%

Frequently Asked Questions

Can I hold both BUG and FITE in my portfolio?

BUG and FITE have a correlation of 0.63, 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 FITE?

BUG has higher volatility (13.95%) compared to FITE (12.19%). In terms of maximum drawdown, BUG dropped -41.66% vs FITE's -36.90%.

Which ETF is better, BUG or FITE?

On 5-year performance, FITE leads with 15.14% vs 3.60% for BUG. On fees, FITE is cheaper at 0.45% per year. On volatility, FITE has been the lower-risk option at 12.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BUG or FITE?

Over the 5-year period, FITE has performed better with a 15.14% 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 FITE?

FITE is cheaper with a 0.45% expense ratio, compared with 0.50% for BUG.

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

FITE has the higher dividend yield at 0.14%, compared with 0.03% for BUG.

What is the main difference between BUG and FITE?

BUG tracks Indxx Cybersecurity Index, while FITE tracks S&P Kensho Future Security Index. They also come from different issuers: Global X and State Street. Their fees differ too: 0.50% for BUG and 0.45% for FITE.

Which has better risk-adjusted returns?

FITE currently has the higher Sharpe Ratio (1.67 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.