BUG vs. USO
BUG (Global X Cybersecurity ETF) and USO (United States Oil Fund LP) are both exchange-traded funds - BUG is a Technology Equities fund tracking the Indxx Cybersecurity Index, while USO is a Oil & Gas fund tracking the Front Month Light Sweet Crude Oil. Both are passively managed. Over the past 5 years, BUG returned 6.86%/yr vs 24.41%/yr for USO. At a 0.09 correlation, their price movements are largely independent. BUG charges 0.50%/yr vs 0.86%/yr for USO.
Performance
BUG vs. USO - Performance Comparison
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Returns By Period
In the year-to-date period, BUG achieves a 20.72% return, which is significantly lower than USO's 103.67% return.
BUG
- 1D
- -4.04%
- 1M
- 33.08%
- YTD
- 20.72%
- 6M
- 15.17%
- 1Y
- 2.89%
- 3Y*
- 15.82%
- 5Y*
- 6.86%
- 10Y*
- —
USO
- 1D
- 2.62%
- 1M
- -4.57%
- YTD
- 103.67%
- 6M
- 99.35%
- 1Y
- 101.55%
- 3Y*
- 29.98%
- 5Y*
- 24.41%
- 10Y*
- 4.07%
BUG vs. USO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
BUG Global X Cybersecurity ETF | 20.72% | -5.04% | 9.59% | 41.40% | -33.63% | 13.24% | 70.83% | 6.55% |
USO United States Oil Fund LP | 103.67% | -8.46% | 13.35% | -4.94% | 28.97% | 64.68% | -67.79% | 13.36% |
Correlation
The correlation between BUG and USO is -0.09, 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 | -0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Nov 1, 2019 | 0.09 |
The correlation between BUG and USO shifts across timeframes, from -0.09 (1 year) to 0.09 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
BUG vs. USO — Risk / Return Rank
BUG
USO
BUG vs. USO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Cybersecurity ETF (BUG) and United States Oil Fund LP (USO). 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.
| BUG | USO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.22 | ||
| Sortino ratioReturn per unit of downside risk | -2.55 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.38 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 0.08 | 5.01 | -4.93 |
| Martin ratioReturn relative to average drawdown | 0.16 | 9.42 | -9.26 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BUG | USO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.09 | 2.31 | -2.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | 0.68 | -0.44 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.10 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | -0.18 | +0.67 |
Drawdowns
BUG vs. USO - Drawdown Comparison
The maximum BUG drawdown since its inception was -41.66%, smaller than the maximum USO drawdown of -98.19%. Use the drawdown chart below to compare losses from any high point for BUG and USO.
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Drawdown Indicators
| BUG | USO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.66% | -98.19% | +56.53% |
Max Drawdown (1Y)Largest decline over 1 year | -37.69% | -20.39% | -17.30% |
Max Drawdown (3Y)Largest decline over 3 years | -37.69% | -26.05% | -11.64% |
Max Drawdown (5Y)Largest decline over 5 years | -41.66% | -36.23% | -5.43% |
Max Drawdown (10Y)Largest decline over 10 years | — | -86.75% | — |
Current DrawdownCurrent decline from peak | -4.62% | -85.01% | +80.39% |
Average DrawdownAverage peak-to-trough decline | -14.42% | -75.30% | +60.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.36% | 10.82% | +7.54% |
Volatility
BUG vs. USO - Volatility Comparison
The current volatility for Global X Cybersecurity ETF (BUG) is 14.07%, while United States Oil Fund LP (USO) has a volatility of 14.87%. This indicates that BUG experiences smaller price fluctuations and is considered to be less risky than USO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BUG | USO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.07% | 14.87% | -0.80% |
Volatility (6M)Calculated over the trailing 6-month period | 25.81% | 38.23% | -12.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.78% | 44.20% | -13.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.47% | 36.06% | -7.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.33% | 39.00% | -9.67% |
BUG vs. USO - Expense Ratio Comparison
BUG has a 0.50% expense ratio, which is lower than USO's 0.86% expense ratio.
Dividends
BUG vs. USO - Dividend Comparison
BUG's dividend yield for the trailing twelve months is around 0.03%, while USO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
BUG Global X Cybersecurity ETF | 0.03% | 0.04% | 0.09% | 0.10% | 1.56% | 0.66% | 0.46% | 0.24% |
USO United States Oil Fund LP | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BUG and USO have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
USO has higher volatility (14.87%) compared to BUG (14.07%). In terms of maximum drawdown, BUG dropped -41.66% vs USO's -98.19%.
On 5-year performance, USO leads with 24.41% vs 6.86% for BUG. On fees, BUG is cheaper at 0.50% per year. On volatility, BUG has been the lower-risk option at 14.07%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, USO has performed better with a 24.41% return vs 6.86%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BUG is cheaper with a 0.50% expense ratio, compared with 0.86% for USO.
BUG has the higher dividend yield at 0.03%, compared with 0.00% for USO.
BUG is categorized as Technology Equities, while USO is Oil & Gas. BUG tracks Indxx Cybersecurity Index, while USO tracks Front Month Light Sweet Crude Oil. They also come from different issuers: Global X and USCF. Their fees differ too: 0.50% for BUG and 0.86% for USO.
USO currently has the higher Sharpe Ratio (2.31 vs 0.09), 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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