BUG vs. MDT
BUG (Global X Cybersecurity ETF) is Technology Equities fund tracking the Indxx Cybersecurity Index, while MDT (Medtronic plc) is a stock. Over the past 5 years, BUG returned 6.88%/yr vs -5.17%/yr for MDT. At a 0.27 correlation, their price movements are largely independent.
Performance
BUG vs. MDT - Performance Comparison
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Returns By Period
In the year-to-date period, BUG achieves a 32.63% return, which is significantly higher than MDT's -11.80% 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%
MDT
- 1D
- 0.11%
- 1M
- 5.93%
- 6M
- -12.44%
- YTD
- -11.80%
- 1Y
- -4.03%
- 3Y*
- 1.10%
- 5Y*
- -5.17%
- 10Y*
- 2.24%
- ALL TIME*
- 13.23%
BUG vs. MDT - 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% |
MDT Medtronic plc | -11.80% | 24.05% | 0.28% | 9.58% | -22.55% | -9.79% | 5.70% | 5.01% |
Correlation
The correlation between BUG and MDT is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
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 | 0.27 |
The correlation between BUG and MDT shifts across timeframes, from -0.03 (1 year) to 0.27 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
BUG vs. MDT — Risk / Return Rank
BUG
MDT
BUG vs. MDT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Cybersecurity ETF (BUG) and Medtronic plc (MDT). 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 | MDT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.60 | ||
| Sortino ratioReturn per unit of downside risk | +0.90 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 0.99 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.40 | -0.14 | +0.54 |
| Martin ratioReturn relative to average drawdown | 0.87 | -0.30 | +1.17 |
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Drawdowns
BUG vs. MDT - Drawdown Comparison
The maximum BUG drawdown since its inception was -41.66%, smaller than the maximum MDT drawdown of -57.63%. Use the drawdown chart below to compare losses from any high point for BUG and MDT.
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Drawdown Indicators
| BUG | MDT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.66% | -57.63% | +15.97% |
Max Drawdown (1Y)Largest decline over 1 year | -35.16% | -28.90% | -6.26% |
Max Drawdown (3Y)Largest decline over 3 years | -37.69% | -28.90% | -8.79% |
Max Drawdown (5Y)Largest decline over 5 years | -41.66% | -45.10% | +3.44% |
Max Drawdown (10Y)Largest decline over 10 years | — | -45.10% | — |
Current DrawdownCurrent decline from peak | -3.79% | -27.93% | +24.14% |
Average DrawdownAverage peak-to-trough decline | -14.26% | -16.57% | +2.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.12% | 13.24% | +2.88% |
Volatility
BUG vs. MDT - Volatility Comparison
Global X Cybersecurity ETF (BUG) has a higher volatility of 11.15% compared to Medtronic plc (MDT) at 10.04%. This indicates that BUG's price experiences larger fluctuations and is considered to be riskier than MDT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BUG | MDT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.15% | 10.04% | +1.11% |
Volatility (6M)Calculated over the trailing 6-month period | 28.08% | 18.91% | +9.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.54% | 23.34% | +9.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.93% | 22.34% | +6.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.47% | 23.45% | +6.02% |
Dividends
BUG vs. MDT - Dividend Comparison
BUG's dividend yield for the trailing twelve months is around 0.03%, less than MDT's 3.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
MDT Medtronic plc | 3.42% | 2.95% | 3.49% | 3.34% | 3.44% | 2.39% | 1.95% | 1.87% | 2.15% | 2.24% | 2.34% | 1.88% |
Frequently Asked Questions
BUG and MDT have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BUG has higher volatility (11.15%) compared to MDT (10.04%). In terms of maximum drawdown, BUG dropped -41.66% vs MDT's -57.63%.
BUG currently has the higher Sharpe Ratio (0.43 vs -0.17), 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.
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