PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
BUG vs. IGV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

BUG vs. IGV

Last updated Jun 23, 2026

BUG (Global X Cybersecurity ETF) and IGV (iShares Expanded Tech-Software Sector ETF) are both Technology Equities funds - BUG tracks the Indxx Cybersecurity Index while IGV tracks the S&P North American Expanded Technology Software Index. Both are passively managed. Over the past 5 years, BUG returned 3.22%/yr vs 2.55%/yr for IGV. Their correlation of 0.86 suggests significant overlap in exposure. BUG charges 0.50%/yr vs 0.39%/yr for IGV.

Performance

BUG vs. IGV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Cybersecurity ETF (BUG) and iShares Expanded Tech-Software Sector ETF (IGV). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, BUG achieves a 9.36% return, which is significantly higher than IGV's -17.38% return.

BUG

1D
-1.71%
1M
-3.03%
YTD
9.36%
6M
5.82%
1Y
-6.40%
3Y*
12.25%
5Y*
3.22%
10Y*
—

IGV

1D
-2.00%
1M
-7.11%
YTD
-17.38%
6M
-19.85%
1Y
-16.92%
3Y*
9.05%
5Y*
2.55%
10Y*
15.70%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BUG vs. IGV - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
BUG
Global X Cybersecurity ETF		9.36%-5.04%9.59%41.40%-33.63%13.24%70.83%6.21%
IGV
iShares Expanded Tech-Software Sector ETF		-17.38%5.56%23.41%58.56%-35.65%12.30%52.86%7.50%

Correlation

The correlation between BUG and IGV 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

0.82

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

0.86

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

0.86

The correlation between BUG and IGV has been stable across timeframes, ranging from 0.82 to 0.86 - a consistent structural relationship.

BUG vs. IGV - Sectors Allocation Comparison

Sectors
BUG
IGV

Technology

100.0%
89.1%

Communication Services

0.0%
8.6%

Consumer Cyclical

0.0%
0.3%

Consumer Defensive

0.0%

-

Healthcare

0.0%

-

Basic Materials

-

-

Energy

-

-

Financial Services

-

1.9%

Industrials

-

0.1%

Real Estate

-

-

Utilities

-

-

Technology

BUG
100.0%
IGV
89.1%

Communication Services

BUG
0.0%
IGV
8.6%

Consumer Cyclical

BUG
0.0%
IGV
0.3%

Consumer Defensive

BUG
0.0%
IGV

-

Healthcare

BUG
0.0%
IGV

-

Basic Materials

BUG

-

IGV

-

Energy

BUG

-

IGV

-

Financial Services

BUG

-

IGV
1.9%

Industrials

BUG

-

IGV
0.1%

Real Estate

BUG

-

IGV

-

Utilities

BUG

-

IGV

-

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 Expanded Tech-Software Sector ETF

Often compared with BUG:
BUG vs. CIBRBUG vs. HACKBUG vs. IHAKBUG vs. WCBRBUG vs. BUGG.LBUG vs. WCLDBUG vs. SKYY
Often compared with IGV:
IGV vs. QQQIGV vs. XSWIGV vs. SOXXIGV vs. VGTIGV vs. XLKIGV vs. SMHXIGV vs. VOO

Return for Risk

BUG vs. IGV — 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
IGV
IGV Risk / Return Rank: 44
Overall Rank
IGV Sharpe Ratio Rank: 44
Sharpe Ratio Rank
IGV Sortino Ratio Rank: 44
Sortino Ratio Rank
IGV Omega Ratio Rank: 44
Omega Ratio Rank
IGV Calmar Ratio Rank: 55
Calmar Ratio Rank
IGV Martin Ratio Rank: 44
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. IGV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Cybersecurity ETF (BUG) and iShares Expanded Tech-Software Sector ETF (IGV). 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.

BUGIGVDifference
Sharpe ratioReturn per unit of total volatility
-0.21
-0.60

+0.39

Sortino ratioReturn per unit of downside risk
-0.08
-0.70

+0.62

Omega ratioGain probability vs. loss probability

0.99

0.92

+0.07

Calmar ratioReturn relative to maximum drawdown

-0.17

-0.46

+0.29

Martin ratioReturn relative to average drawdown

-0.35

-0.95

+0.60

BUG vs. IGV - Sharpe Ratio Comparison

The current BUG Sharpe Ratio is -0.21, which is higher than the IGV Sharpe Ratio of -0.60. The chart below compares the historical Sharpe Ratios of BUG and IGV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

BUG vs. IGV - Drawdown Comparison

The maximum BUG drawdown since its inception was -41.66%, smaller than the maximum IGV drawdown of -63.45%. Use the drawdown chart below to compare losses from any high point for BUG and IGV.

Loading charts...

Drawdown Indicators

BUGIGVDifference

Max Drawdown

Largest peak-to-trough decline

-41.66%

-63.45%

+21.79%

Max Drawdown (1Y)

Largest decline over 1 year

-37.69%

-36.61%

-1.08%

Max Drawdown (3Y)

Largest decline over 3 years

-37.69%

-36.61%

-1.08%

Max Drawdown (5Y)

Largest decline over 5 years

-41.66%

-45.85%

+4.19%

Max Drawdown (10Y)

Largest decline over 10 years

—

-45.85%

—

Current Drawdown

Current decline from peak

-13.59%

-25.86%

+12.27%

Average Drawdown

Average peak-to-trough decline

-14.39%

-14.46%

+0.07%

Ulcer Index

Depth and duration of drawdowns from previous peaks

18.52%

17.87%

+0.65%

Volatility

BUG vs. IGV - Volatility Comparison

Global X Cybersecurity ETF (BUG) has a higher volatility of 13.78% compared to iShares Expanded Tech-Software Sector ETF (IGV) at 12.72%. This indicates that BUG's price experiences larger fluctuations and is considered to be riskier than IGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

BUGIGVDifference

Volatility (1M)

Calculated over the trailing 1-month period

13.78%

12.72%

+1.06%

Volatility (6M)

Calculated over the trailing 6-month period

26.15%

24.91%

+1.24%

Volatility (1Y)

Calculated over the trailing 1-year period

31.20%

28.33%

+2.87%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

28.54%

27.97%

+0.57%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

29.30%

26.42%

+2.88%

BUG vs. IGV - Expense Ratio Comparison

BUG has a 0.50% expense ratio, which is higher than IGV's 0.39% expense ratio.

Dividends

BUG vs. IGV - Dividend Comparison

BUG's dividend yield for the trailing twelve months is around 0.04%, more than IGV's 0.02% yield.

PositionTTM20252024202320222021202020192018201720162015
BUG
Global X Cybersecurity ETF		0.04%0.04%0.09%0.10%1.56%0.66%0.46%0.24%0.00%0.00%0.00%0.00%
IGV
iShares Expanded Tech-Software Sector ETF		0.02%0.00%0.00%0.01%0.01%0.00%0.35%0.02%0.16%0.09%0.82%0.22%

Frequently Asked Questions

BUG and IGV 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.

BUG has higher volatility (13.78%) compared to IGV (12.72%). In terms of maximum drawdown, BUG dropped -41.66% vs IGV's -63.45%.

On 5-year performance, BUG leads with 3.22% vs 2.55% for IGV. On fees, IGV is cheaper at 0.39% per year. On volatility, IGV has been the lower-risk option at 12.72%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, BUG has performed better with a 3.22% return vs 2.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IGV is cheaper with a 0.39% expense ratio, compared with 0.50% for BUG.

BUG has the higher dividend yield at 0.04%, compared with 0.02% for IGV.

BUG tracks Indxx Cybersecurity Index, while IGV tracks S&P North American Expanded Technology Software Index. They also come from different issuers: Global X and iShares. Their fees differ too: 0.50% for BUG and 0.39% for IGV.

BUG currently has the higher Sharpe Ratio (-0.21 vs -0.60), 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 IGV

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer