BUG vs. SKYY
Compare and contrast key facts about Global X Cybersecurity ETF (BUG) and First Trust ISE Cloud Computing Index Fund (SKYY).
BUG and SKYY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BUG is a passively managed fund by Global X that tracks the performance of the Indxx Cybersecurity Index. It was launched on Oct 25, 2019. SKYY is a passively managed fund by First Trust that tracks the performance of the ISE Cloud Computing Index. It was launched on Jul 5, 2011. Both BUG and SKYY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BUG or SKYY.
Key characteristics
| BUG | SKYY | |
|---|---|---|
| YTD Return | -6.24% | 3.52% |
| 1Y Return | 19.08% | 37.79% |
| 3Y Return (Ann) | 1.12% | -3.67% |
| Sharpe Ratio | 0.78 | 1.71 |
| Daily Std Dev | 23.96% | 22.16% |
| Max Drawdown | -41.66% | -53.20% |
| Current Drawdown | -19.36% | -23.47% |
Correlation
The correlation between BUG and SKYY is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BUG vs. SKYY - Performance Comparison
In the year-to-date period, BUG achieves a -6.24% return, which is significantly lower than SKYY's 3.52% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BUG vs. SKYY - Expense Ratio Comparison
Risk-Adjusted Performance
BUG vs. SKYY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Cybersecurity ETF (BUG) and First Trust ISE Cloud Computing Index Fund (SKYY). 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.
Dividends
BUG vs. SKYY - Dividend Comparison
BUG's dividend yield for the trailing twelve months is around 0.11%, while SKYY has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
BUG Global X Cybersecurity ETF | 0.11% | 0.10% | 1.56% | 0.66% | 0.46% | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SKYY First Trust ISE Cloud Computing Index Fund | 0.00% | 0.00% | 0.23% | 0.78% | 0.17% | 0.54% | 0.94% | 0.27% | 0.35% | 0.40% | 0.16% |
Drawdowns
BUG vs. SKYY - Drawdown Comparison
The maximum BUG drawdown since its inception was -41.66%, smaller than the maximum SKYY drawdown of -53.20%. Use the drawdown chart below to compare losses from any high point for BUG and SKYY. For additional features, visit the drawdowns tool.
Volatility
BUG vs. SKYY - Volatility Comparison
Global X Cybersecurity ETF (BUG) and First Trust ISE Cloud Computing Index Fund (SKYY) have volatilities of 4.99% and 5.02%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.