CIBR vs. BUGG.L

Last updated Jun 24, 2026

CIBR (First Trust NASDAQ Cybersecurity ETF) and BUGG.L (Global X Cybersecurity UCITS ETF USD Accumulating) are both exchange-traded funds - CIBR is a Cybersecurity fund tracking the Nasdaq CTA Cybersecurity Index, while BUGG.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 3 years, CIBR returned 24.74%/yr vs 12.47%/yr for BUGG.L. A 0.67 correlation means they provide meaningful diversification when combined. CIBR charges 0.60%/yr vs 0.50%/yr for BUGG.L.

Performance

CIBR vs. BUGG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust NASDAQ Cybersecurity ETF (CIBR) and Global X Cybersecurity UCITS ETF USD Accumulating (BUGG.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CIBR is traded in USD, while BUGG.L is traded in GBP. To make them comparable, the BUGG.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, CIBR achieves a 18.06% return, which is significantly higher than BUGG.L's 9.12% return.

CIBR

• 1D: 0.75%
• 1M: -0.08%
• YTD: 18.06%
• 6M: 15.86%
• 1Y: 15.20%
• 3Y*: 24.74%
• 5Y*: 12.80%
• 10Y*: 17.93%

BUGG.L

• 1D: 0.00%
• 1M: -1.84%
• YTD: 9.12%
• 6M: 7.83%
• 1Y: -7.06%
• 3Y*: 12.47%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CIBR vs. BUGG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
CIBR First Trust NASDAQ Cybersecurity ETF	18.06%	13.06%	18.21%	39.71%	-26.46%	-3.92%
BUGG.L Global X Cybersecurity UCITS ETF USD Accumulating	9.12%	-4.71%	9.35%	43.23%	-34.89%	-29.95%

Correlation

The correlation between CIBR and BUGG.L is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.75
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (All Time) Calculated using the full available price history since Nov 16, 2021	0.67

The correlation between CIBR and BUGG.L has been stable across timeframes, ranging from 0.67 to 0.75 - a consistent structural relationship.

Return for Risk

CIBR vs. BUGG.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CIBR

CIBR Risk / Return Rank: 18
CIBR Sharpe Ratio Rank: 19
CIBR Sortino Ratio Rank: 18
CIBR Omega Ratio Rank: 19
CIBR Calmar Ratio Rank: 17
CIBR Martin Ratio Rank: 16

BUGG.L

BUGG.L Risk / Return Rank: 7
BUGG.L Sharpe Ratio Rank: 7
BUGG.L Sortino Ratio Rank: 7
BUGG.L Omega Ratio Rank: 7
BUGG.L Calmar Ratio Rank: 8
BUGG.L Martin Ratio Rank: 8

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.

CIBR vs. BUGG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust NASDAQ Cybersecurity ETF (CIBR) and Global X Cybersecurity UCITS ETF USD Accumulating (BUGG.L). 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.

	CIBR	BUGG.L	Difference
Sharpe ratio: Return per unit of total volatility	0.61	-0.23	+0.84
Sortino ratio: Return per unit of downside risk	0.99	-0.12	+1.12
Omega ratio: Gain probability vs. loss probability	1.12	0.98	+0.14
Calmar ratio: Return relative to maximum drawdown	0.69	-0.19	+0.89
Martin ratio: Return relative to average drawdown	1.60	-0.39	+1.99

CIBR vs. BUGG.L - Sharpe Ratio Comparison

The current CIBR Sharpe Ratio is 0.61, which is higher than the BUGG.L Sharpe Ratio of -0.23. The chart below compares the historical Sharpe Ratios of CIBR and BUGG.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CIBR vs. BUGG.L - Drawdown Comparison

The maximum CIBR drawdown since its inception was -33.89%, smaller than the maximum BUGG.L drawdown of -55.50%. Use the drawdown chart below to compare losses from any high point for CIBR and BUGG.L.

Drawdown Indicators

	CIBR	BUGG.L	Difference
Max Drawdown Largest peak-to-trough decline	-33.89%	-55.50%	+21.61%
Max Drawdown (1Y) Largest decline over 1 year	-21.99%	-36.84%	+14.85%
Max Drawdown (3Y) Largest decline over 3 years	-21.99%	-36.84%	+14.85%
Max Drawdown (5Y) Largest decline over 5 years	-33.89%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.89%	—	—
Current Drawdown Current decline from peak	-10.72%	-25.72%	+15.00%
Average Drawdown Average peak-to-trough decline	-8.66%	-36.53%	+27.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.51%	17.98%	-8.47%

Volatility

CIBR vs. BUGG.L - Volatility Comparison

The current volatility for First Trust NASDAQ Cybersecurity ETF (CIBR) is 12.03%, while Global X Cybersecurity UCITS ETF USD Accumulating (BUGG.L) has a volatility of 14.23%. This indicates that CIBR experiences smaller price fluctuations and is considered to be less risky than BUGG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CIBR	BUGG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.03%	14.23%	-2.20%
Volatility (6M) Calculated over the trailing 6-month period	21.54%	26.96%	-5.42%
Volatility (1Y) Calculated over the trailing 1-year period	25.21%	30.48%	-5.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.07%	30.70%	-5.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.60%	30.70%	-7.10%

CIBR vs. BUGG.L - Expense Ratio Comparison

CIBR has a 0.60% expense ratio, which is higher than BUGG.L's 0.50% expense ratio.

Dividends

CIBR vs. BUGG.L - Dividend Comparison

CIBR's dividend yield for the trailing twelve months is around 0.49%, while BUGG.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BUGG.L Global X Cybersecurity UCITS ETF USD Accumulating	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CIBR First Trust NASDAQ Cybersecurity ETF	0.49%	0.42%	0.29%	0.42%	0.31%	0.59%	1.10%	0.23%	0.23%	0.10%	0.77%	0.58%

Frequently Asked Questions

Can I hold both CIBR and BUGG.L in my portfolio?

CIBR and BUGG.L have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CIBR or BUGG.L?

On fees, BUGG.L is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CIBR or BUGG.L?

BUGG.L is cheaper with a 0.50% expense ratio, compared with 0.60% for CIBR.

What is the main difference between CIBR and BUGG.L?

CIBR is categorized as Cybersecurity, while BUGG.L is Technology Equities. CIBR tracks Nasdaq CTA Cybersecurity Index, while BUGG.L tracks MSCI World/Information Tech NR USD. They also come from different issuers: First Trust and Global X. Their fees differ too: 0.60% for CIBR and 0.50% for BUGG.L.