EBIZ.L vs. BUGG.L

Last updated Jul 16, 2026

EBIZ.L (Global X E-commerce UCITS ETF USD (Acc)) and BUGG.L (Global X Cybersecurity UCITS ETF USD Accumulating) are both exchange-traded funds - EBIZ.L is a Consumer Discretionary Equities fund tracking the Solactive E-commerce v2 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, EBIZ.L returned 14.98%/yr vs 19.97%/yr for BUGG.L. A 0.61 correlation means they provide meaningful diversification when combined. Both charge a 0.50% expense ratio.

Performance

EBIZ.L vs. BUGG.L - Performance Comparison

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

Different Trading Currencies

EBIZ.L 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, EBIZ.L achieves a -9.29% return, which is significantly lower than BUGG.L's 35.79% return.

EBIZ.L

• 1D: -0.33%
• 1M: 6.37%
• 6M: -12.15%
• YTD: -9.29%
• 1Y: -4.24%
• 3Y*: 14.98%
• 5Y*: —
• 10Y*: —

BUGG.L

• 1D: 0.00%
• 1M: 20.81%
• 6M: 37.76%
• YTD: 35.79%
• 1Y: 18.72%
• 3Y*: 19.97%
• 5Y*: —
• 10Y*: —

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

EBIZ.L vs. BUGG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
EBIZ.L Global X E-commerce UCITS ETF USD (Acc)	-9.29%	18.17%	30.42%	32.47%	-41.59%	-14.92%
BUGG.L Global X Cybersecurity UCITS ETF USD Accumulating	35.79%	-4.71%	9.35%	43.23%	-34.89%	-29.95%

Correlation

The correlation between EBIZ.L and BUGG.L is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (All Time) Calculated using the full available price history since Nov 16, 2021	0.61

The correlation between EBIZ.L and BUGG.L shifts across timeframes, from 0.46 (1 year) to 0.61 (all time), reflecting how their relationship changes across market environments.

Return for Risk

EBIZ.L vs. BUGG.L — Risk / Return Rank

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

EBIZ.L

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

BUGG.L

BUGG.L Risk / Return Rank: 19
BUGG.L Sharpe Ratio Rank: 21
BUGG.L Sortino Ratio Rank: 21
BUGG.L Omega Ratio Rank: 23
BUGG.L Calmar Ratio Rank: 17
BUGG.L Martin Ratio Rank: 15

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.

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

This table presents a comparison of risk-adjusted performance metrics for Global X E-commerce UCITS ETF USD (Acc) (EBIZ.L) 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.

	EBIZ.L	BUGG.L	Difference
Sharpe ratio: Return per unit of total volatility	-0.18	0.59	-0.76
Sortino ratio: Return per unit of downside risk	-0.11	1.01	-1.12
Omega ratio: Gain probability vs. loss probability	0.99	1.13	-0.14
Calmar ratio: Return relative to maximum drawdown	-0.14	0.54	-0.68
Martin ratio: Return relative to average drawdown	-0.24	1.16	-1.41

EBIZ.L vs. BUGG.L - Sharpe Ratio Comparison

The current EBIZ.L Sharpe Ratio is -0.18, which is lower than the BUGG.L Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of EBIZ.L 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

EBIZ.L vs. BUGG.L - Drawdown Comparison

The maximum EBIZ.L drawdown since its inception was -56.06%, roughly equal to the maximum BUGG.L drawdown of -55.50%. Use the drawdown chart below to compare losses from any high point for EBIZ.L and BUGG.L.

Drawdown Indicators

	EBIZ.L	BUGG.L	Difference
Max Drawdown Largest peak-to-trough decline	-56.06%	-55.50%	-0.56%
Max Drawdown (1Y) Largest decline over 1 year	-26.87%	-34.90%	+8.03%
Max Drawdown (3Y) Largest decline over 3 years	-26.87%	-36.84%	+9.97%
Current Drawdown Current decline from peak	-16.87%	-7.57%	-9.30%
Average Drawdown Average peak-to-trough decline	-27.43%	-36.23%	+8.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.11%	16.15%	-1.04%

Volatility

EBIZ.L vs. BUGG.L - Volatility Comparison

The current volatility for Global X E-commerce UCITS ETF USD (Acc) (EBIZ.L) is 6.78%, while Global X Cybersecurity UCITS ETF USD Accumulating (BUGG.L) has a volatility of 10.97%. This indicates that EBIZ.L 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

	EBIZ.L	BUGG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.78%	10.97%	-4.19%
Volatility (6M) Calculated over the trailing 6-month period	17.02%	28.64%	-11.62%
Volatility (1Y) Calculated over the trailing 1-year period	20.87%	32.07%	-11.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.68%	30.95%	-2.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.68%	30.95%	-2.27%

EBIZ.L vs. BUGG.L - Expense Ratio Comparison

Both EBIZ.L and BUGG.L have an expense ratio of 0.50%.

Dividends

EBIZ.L vs. BUGG.L - Dividend Comparison

Neither EBIZ.L nor BUGG.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

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

EBIZ.L and BUGG.L have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EBIZ.L or BUGG.L?

Both ETFs have the same 0.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EBIZ.L or BUGG.L?

EBIZ.L and BUGG.L have the same expense ratio: 0.50% per year.

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

EBIZ.L is categorized as Consumer Discretionary Equities, while BUGG.L is Technology Equities. EBIZ.L tracks Solactive E-commerce v2 Index, while BUGG.L tracks MSCI World/Information Tech NR USD.