BUG vs. TAN
Compare and contrast key facts about Global X Cybersecurity ETF (BUG) and Invesco Solar ETF (TAN).
BUG and TAN 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. TAN is a passively managed fund by Invesco that tracks the performance of the MAC Global Solar Energy Index. It was launched on Apr 15, 2008. Both BUG and TAN 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 TAN.
Performance
BUG vs. TAN - Performance Comparison
Returns By Period
In the year-to-date period, BUG achieves a 10.99% return, which is significantly higher than TAN's -35.69% return.
BUG
10.99%
2.04%
10.01%
27.55%
14.46%
N/A
TAN
-35.69%
-9.11%
-19.48%
-24.49%
4.37%
0.55%
Key characteristics
| BUG | TAN | |
|---|---|---|
| Sharpe Ratio | 1.31 | -0.65 |
| Sortino Ratio | 1.78 | -0.79 |
| Omega Ratio | 1.23 | 0.91 |
| Calmar Ratio | 1.08 | -0.31 |
| Martin Ratio | 4.46 | -1.24 |
| Ulcer Index | 6.27% | 21.21% |
| Daily Std Dev | 21.26% | 40.52% |
| Max Drawdown | -41.66% | -95.29% |
| Current Drawdown | -4.54% | -84.32% |
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. TAN - Expense Ratio Comparison
BUG has a 0.50% expense ratio, which is lower than TAN's 0.69% expense ratio.
Correlation
The correlation between BUG and TAN is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
BUG vs. TAN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Cybersecurity ETF (BUG) and Invesco Solar ETF (TAN). 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. TAN - Dividend Comparison
BUG's dividend yield for the trailing twelve months is around 0.10%, less than TAN's 0.14% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BUG Global X Cybersecurity ETF | 0.10% | 0.11% | 1.56% | 0.66% | 0.46% | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TAN Invesco Solar ETF | 0.14% | 0.09% | 0.00% | 0.00% | 0.09% | 0.30% | 0.70% | 1.77% | 5.04% | 1.60% | 1.88% | 1.28% |
Drawdowns
BUG vs. TAN - Drawdown Comparison
The maximum BUG drawdown since its inception was -41.66%, smaller than the maximum TAN drawdown of -95.29%. Use the drawdown chart below to compare losses from any high point for BUG and TAN. For additional features, visit the drawdowns tool.
Volatility
BUG vs. TAN - Volatility Comparison
The current volatility for Global X Cybersecurity ETF (BUG) is 6.25%, while Invesco Solar ETF (TAN) has a volatility of 16.04%. This indicates that BUG experiences smaller price fluctuations and is considered to be less risky than TAN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.