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BUG vs. HDV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

BUG vs. HDV

Last updated Jun 24, 2026

BUG (Global X Cybersecurity ETF) and HDV (iShares Core High Dividend ETF) are both exchange-traded funds - BUG is a Technology Equities fund tracking the Indxx Cybersecurity Index, while HDV is a Dividend fund tracking the Morningstar Dividend Yield Focus Index. Both are passively managed. Over the past 5 years, BUG returned 3.60%/yr vs 11.09%/yr for HDV. At a 0.24 correlation, their price movements are largely independent. BUG charges 0.50%/yr vs 0.08%/yr for HDV.

Performance

BUG vs. HDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Cybersecurity ETF (BUG) and iShares Core High Dividend ETF (HDV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BUG achieves a 11.69% return, which is significantly lower than HDV's 14.07% return.

BUG

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

HDV

1D
1.33%
1M
-1.35%
YTD
14.07%
6M
14.08%
1Y
21.06%
3Y*
15.48%
5Y*
11.09%
10Y*
9.45%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BUG vs. HDV - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
BUG
Global X Cybersecurity ETF		11.69%-5.04%9.59%41.40%-33.63%13.24%70.83%6.21%
HDV
iShares Core High Dividend ETF		14.07%11.90%14.16%1.72%7.05%19.45%-6.48%4.05%

Correlation

The correlation between BUG and HDV is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.11

Correlation (3Y)
Calculated over the trailing 3-year period

0.15

Correlation (5Y)
Calculated over the trailing 5-year period

0.25

Correlation (All Time)
Calculated using the full available price history since Oct 31, 2019

0.24

The correlation between BUG and HDV shifts across timeframes, from -0.11 (1 year) to 0.25 (5 years), reflecting how their relationship changes across market environments.

BUG vs. HDV - Sectors Allocation Comparison

Sectors
BUG
HDV

Technology

100.0%
0.2%

Communication Services

0.0%
5.7%

Consumer Cyclical

0.0%
9.2%

Consumer Defensive

0.0%
24.5%

Healthcare

0.0%
22.6%

Basic Materials

-

0.8%

Energy

-

20.2%

Financial Services

-

4.7%

Industrials

-

3.5%

Real Estate

-

-

Utilities

-

8.1%

Technology

BUG
100.0%
HDV
0.2%

Communication Services

BUG
0.0%
HDV
5.7%

Consumer Cyclical

BUG
0.0%
HDV
9.2%

Consumer Defensive

BUG
0.0%
HDV
24.5%

Healthcare

BUG
0.0%
HDV
22.6%

Basic Materials

BUG

-

HDV
0.8%

Energy

BUG

-

HDV
20.2%

Financial Services

BUG

-

HDV
4.7%

Industrials

BUG

-

HDV
3.5%

Real Estate

BUG

-

HDV

-

Utilities

BUG

-

HDV
8.1%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Global X Cybersecurity ETF

iShares Core High Dividend ETF

Often compared with BUG:
BUG vs. CIBRBUG vs. HACKBUG vs. IHAKBUG vs. WCBRBUG vs. BUGG.LBUG vs. IGVBUG vs. WCLD
Often compared with HDV:
HDV vs. SCHDHDV vs. VYMHDV vs. SPYDHDV vs. DGROHDV vs. DVYHDV vs. VIGHDV vs. SPY

Return for Risk

BUG vs. HDV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BUG
BUG Risk / Return Rank: 77
Overall Rank
BUG Sharpe Ratio Rank: 77
Sharpe Ratio Rank
BUG Sortino Ratio Rank: 77
Sortino Ratio Rank
BUG Omega Ratio Rank: 77
Omega Ratio Rank
BUG Calmar Ratio Rank: 77
Calmar Ratio Rank
BUG Martin Ratio Rank: 77
Martin Ratio Rank
HDV
HDV Risk / Return Rank: 7070
Overall Rank
HDV Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
HDV Sortino Ratio Rank: 7373
Sortino Ratio Rank
HDV Omega Ratio Rank: 6262
Omega Ratio Rank
HDV Calmar Ratio Rank: 8181
Calmar Ratio Rank
HDV Martin Ratio Rank: 6464
Martin Ratio Rank
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. HDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Cybersecurity ETF (BUG) and iShares Core High Dividend ETF (HDV). 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.

BUGHDVDifference
Sharpe ratioReturn per unit of total volatility
-0.21
2.13

-2.34

Sortino ratioReturn per unit of downside risk
-0.08
3.13

-3.21

Omega ratioGain probability vs. loss probability

0.99

1.36

-0.37

Calmar ratioReturn relative to maximum drawdown

-0.17

4.09

-4.26

Martin ratioReturn relative to average drawdown

-0.35

11.19

-11.54

BUG vs. HDV - Sharpe Ratio Comparison

The current BUG Sharpe Ratio is -0.21, which is lower than the HDV Sharpe Ratio of 2.13. The chart below compares the historical Sharpe Ratios of BUG and HDV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

BUG vs. HDV - Drawdown Comparison

The maximum BUG drawdown since its inception was -41.66%, which is greater than HDV's maximum drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for BUG and HDV.

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Drawdown Indicators

BUGHDVDifference

Max Drawdown

Largest peak-to-trough decline

-41.66%

-37.04%

-4.62%

Max Drawdown (1Y)

Largest decline over 1 year

-37.69%

-5.18%

-32.51%

Max Drawdown (3Y)

Largest decline over 3 years

-37.69%

-10.49%

-27.20%

Max Drawdown (5Y)

Largest decline over 5 years

-41.66%

-15.42%

-26.24%

Max Drawdown (10Y)

Largest decline over 10 years

—

-37.04%

—

Current Drawdown

Current decline from peak

-11.75%

-1.35%

-10.40%

Average Drawdown

Average peak-to-trough decline

-14.38%

-3.08%

-11.30%

Ulcer Index

Depth and duration of drawdowns from previous peaks

18.53%

1.89%

+16.64%

Volatility

BUG vs. HDV - Volatility Comparison

Global X Cybersecurity ETF (BUG) has a higher volatility of 13.95% compared to iShares Core High Dividend ETF (HDV) at 3.64%. This indicates that BUG's price experiences larger fluctuations and is considered to be riskier than HDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

BUGHDVDifference

Volatility (1M)

Calculated over the trailing 1-month period

13.95%

3.64%

+10.31%

Volatility (6M)

Calculated over the trailing 6-month period

26.20%

7.61%

+18.59%

Volatility (1Y)

Calculated over the trailing 1-year period

31.21%

9.93%

+21.28%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

28.55%

12.81%

+15.74%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

29.30%

15.73%

+13.57%

BUG vs. HDV - Expense Ratio Comparison

BUG has a 0.50% expense ratio, which is higher than HDV's 0.08% expense ratio.

Dividends

BUG vs. HDV - Dividend Comparison

BUG's dividend yield for the trailing twelve months is around 0.03%, less than HDV's 2.90% yield.

PositionTTM20252024202320222021202020192018201720162015
BUG
Global X Cybersecurity ETF		0.03%0.04%0.09%0.10%1.56%0.66%0.46%0.24%0.00%0.00%0.00%0.00%
HDV
iShares Core High Dividend ETF		2.90%3.22%3.67%3.82%3.56%3.47%4.07%3.27%3.67%3.27%3.28%3.92%

Frequently Asked Questions

BUG and HDV have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BUG has higher volatility (13.95%) compared to HDV (3.64%). In terms of maximum drawdown, BUG dropped -41.66% vs HDV's -37.04%.

On 5-year performance, HDV leads with 11.09% vs 3.60% for BUG. On fees, HDV is cheaper at 0.08% per year. On volatility, HDV has been the lower-risk option at 3.64%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, HDV has performed better with a 11.09% return vs 3.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

HDV is cheaper with a 0.08% expense ratio, compared with 0.50% for BUG.

HDV has the higher dividend yield at 2.90%, compared with 0.03% for BUG.

BUG is categorized as Technology Equities, while HDV is Dividend. BUG tracks Indxx Cybersecurity Index, while HDV tracks Morningstar Dividend Yield Focus Index. They also come from different issuers: Global X and iShares. Their fees differ too: 0.50% for BUG and 0.08% for HDV.

HDV currently has the higher Sharpe Ratio (2.13 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.

Portfolio Optimizer

Find the right allocation for BUG and HDV

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