H3R0.DE vs. BUG.DE

Last updated Jun 5, 2026

H3R0.DE (Global X Video Games & Esports UCITS ETF Acc USD) and BUG.DE (Global X Cybersecurity UCITS ETF USD Accumulating) are both Technology Equities funds from Global X - H3R0.DE tracks the Solactive Video Games & Esports while BUG.DE tracks the Indxx Cybersecurity. Both are passively managed. Over the past 3 years, H3R0.DE returned 5.22%/yr vs 12.37%/yr for BUG.DE. A 0.53 correlation means they provide meaningful diversification when combined. Both charge a 0.50% expense ratio.

Performance

H3R0.DE vs. BUG.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Global X Video Games & Esports UCITS ETF Acc USD (H3R0.DE) and Global X Cybersecurity UCITS ETF USD Accumulating (BUG.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, H3R0.DE achieves a -13.47% return, which is significantly lower than BUG.DE's 19.68% return.

H3R0.DE

• 1D: -1.69%
• 1M: -3.75%
• YTD: -13.47%
• 6M: -15.95%
• 1Y: -16.73%
• 3Y*: 5.22%
• 5Y*: -4.14%
• 10Y*: —

BUG.DE

• 1D: -1.78%
• 1M: 31.53%
• YTD: 19.68%
• 6M: 14.47%
• 1Y: 0.22%
• 3Y*: 12.37%
• 5Y*: —
• 10Y*: —

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

H3R0.DE vs. BUG.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
H3R0.DE Global X Video Games & Esports UCITS ETF Acc USD	-13.47%	10.28%	26.09%	2.50%	-30.96%	-9.40%
BUG.DE Global X Cybersecurity UCITS ETF USD Accumulating	19.68%	-14.52%	14.93%	39.35%	-31.18%	-5.59%

Correlation

The correlation between H3R0.DE and BUG.DE is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (3Y) Calculated over the trailing 3-year period	0.48
Correlation (All Time) Calculated using the full available price history since Nov 19, 2021	0.53

Over the past year, the correlation between H3R0.DE and BUG.DE has dropped to 0.31 - well below their long-term average of 0.53, suggesting their price drivers have been diverging.

Return for Risk

H3R0.DE vs. BUG.DE — Risk / Return Rank

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

H3R0.DE

H3R0.DE Risk / Return Rank: 3
H3R0.DE Sharpe Ratio Rank: 2
H3R0.DE Sortino Ratio Rank: 2
H3R0.DE Omega Ratio Rank: 2
H3R0.DE Calmar Ratio Rank: 3
H3R0.DE Martin Ratio Rank: 3

BUG.DE

BUG.DE Risk / Return Rank: 9
BUG.DE Sharpe Ratio Rank: 9
BUG.DE Sortino Ratio Rank: 10
BUG.DE Omega Ratio Rank: 10
BUG.DE Calmar Ratio Rank: 9
BUG.DE Martin Ratio Rank: 9

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.

H3R0.DE vs. BUG.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Video Games & Esports UCITS ETF Acc USD (H3R0.DE) and Global X Cybersecurity UCITS ETF USD Accumulating (BUG.DE). 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.

	H3R0.DE	BUG.DE	Difference
Sharpe ratio: Return per unit of total volatility	-0.93	0.01	-0.94
Sortino ratio: Return per unit of downside risk	-1.22	0.22	-1.44
Omega ratio: Gain probability vs. loss probability	0.86	1.03	-0.17
Calmar ratio: Return relative to maximum drawdown	-0.68	0.01	-0.68
Martin ratio: Return relative to average drawdown	-1.24	0.01	-1.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

H3R0.DE vs. BUG.DE - Sharpe Ratio Comparison

The current H3R0.DE Sharpe Ratio is -0.93, which is lower than the BUG.DE Sharpe Ratio of 0.01. The chart below compares the historical Sharpe Ratios of H3R0.DE and BUG.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	H3R0.DE	BUG.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.93	0.01	-0.94
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.20	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.27	0.05	-0.32

Drawdowns

H3R0.DE vs. BUG.DE - Drawdown Comparison

The maximum H3R0.DE drawdown since its inception was -48.09%, which is greater than BUG.DE's maximum drawdown of -42.84%. Use the drawdown chart below to compare losses from any high point for H3R0.DE and BUG.DE.

Drawdown Indicators

	H3R0.DE	BUG.DE	Difference
Max Drawdown Largest peak-to-trough decline	-48.09%	-42.84%	-5.25%
Max Drawdown (1Y) Largest decline over 1 year	-24.56%	-36.87%	+12.31%
Max Drawdown (3Y) Largest decline over 3 years	-24.56%	-42.84%	+18.28%
Max Drawdown (5Y) Largest decline over 5 years	-42.07%	—	—
Current Drawdown Current decline from peak	-31.81%	-10.53%	-21.28%
Average Drawdown Average peak-to-trough decline	-29.88%	-16.69%	-13.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.45%	17.80%	-4.35%

Volatility

H3R0.DE vs. BUG.DE - Volatility Comparison

The current volatility for Global X Video Games & Esports UCITS ETF Acc USD (H3R0.DE) is 5.60%, while Global X Cybersecurity UCITS ETF USD Accumulating (BUG.DE) has a volatility of 14.31%. This indicates that H3R0.DE experiences smaller price fluctuations and is considered to be less risky than BUG.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	H3R0.DE	BUG.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.60%	14.31%	-8.71%
Volatility (6M) Calculated over the trailing 6-month period	14.15%	26.62%	-12.47%
Volatility (1Y) Calculated over the trailing 1-year period	18.00%	30.48%	-12.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.38%	27.90%	-7.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.59%	27.90%	-7.31%

H3R0.DE vs. BUG.DE - Expense Ratio Comparison

Both H3R0.DE and BUG.DE have an expense ratio of 0.50%.

Dividends

H3R0.DE vs. BUG.DE - Dividend Comparison

Neither H3R0.DE nor BUG.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both H3R0.DE and BUG.DE in my portfolio?

H3R0.DE and BUG.DE have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, H3R0.DE or BUG.DE?

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, H3R0.DE or BUG.DE?

H3R0.DE and BUG.DE have the same expense ratio: 0.50% per year.

What is the main difference between H3R0.DE and BUG.DE?

H3R0.DE tracks Solactive Video Games & Esports, while BUG.DE tracks Indxx Cybersecurity.