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IHAK vs. BUG
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IHAK vs. BUG

Last updated Aug 2, 2026
Documentation

IHAK (iShares Cybersecurity & Tech ETF) and BUG (Global X Cybersecurity ETF) are both Technology Equities funds - IHAK tracks the NYSE FactSet Global Cyber Security Index while BUG tracks the Indxx Cybersecurity Index. Both are passively managed. Over the past 5 years, IHAK returned 6.85%/yr vs 5.44%/yr for BUG. Their correlation of 0.94 means they have usually moved in the same direction. IHAK charges 0.47%/yr vs 0.50%/yr for BUG.

Performance

IHAK vs. BUG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Cybersecurity & Tech ETF (IHAK) and Global X Cybersecurity ETF (BUG). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

The year-to-date returns for both stocks are quite close, with IHAK having a 25.74% return and BUG slightly lower at 25.02%.

IHAK

1D
1.42%
1M
-2.53%
6M
31.03%
YTD
25.74%
1Y
20.17%
3Y*
15.12%
5Y*
6.85%
10Y*
—
ALL TIME*
13.34%

BUG

1D
1.52%
1M
-3.18%
6M
33.01%
YTD
25.02%
1Y
12.97%
3Y*
14.21%
5Y*
5.44%
10Y*
—
ALL TIME*
14.60%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

BUG

Global X Cybersecurity ETF
$54.08M$54.00M$44.01M

IHAK

iShares Cybersecurity & Tech ETF
$10.32M$10.82M$9.59M

IHAK vs. BUG - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
IHAK
iShares Cybersecurity & Tech ETF		25.74%-1.29%7.60%37.77%-25.81%11.13%51.22%3.95%
BUG
Global X Cybersecurity ETF		25.02%-5.04%9.59%41.40%-33.63%13.24%70.83%6.21%

Correlation

The correlation between IHAK and BUG is 0.92, meaning they have usually moved in the same direction, including during past declines.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.92

Correlation (3Y)
Balances recent behavior with more history.

0.93

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.95

Correlation (All Time)
Calculated using the full available price history since Oct 31, 2019

0.94

The correlation between IHAK and BUG has been stable across timeframes, ranging from 0.92 to 0.95 - a consistent structural relationship.

IHAK vs. BUG - Sectors Allocation Comparison

Sectors
IHAK
BUG

Technology

97.1%
100.0%

Industrials

2.9%

-

Communication Services

0.4%
0.0%

Basic Materials

-

-

Consumer Cyclical

-

0.0%

Consumer Defensive

-

0.0%

Energy

-

-

Financial Services

-

-

Healthcare

-

0.0%

Real Estate

-

-

Utilities

-

-

Technology

IHAK
97.1%
BUG
100.0%

Industrials

IHAK
2.9%
BUG

-

Communication Services

IHAK
0.4%
BUG
0.0%

Basic Materials

IHAK

-

BUG

-

Consumer Cyclical

IHAK

-

BUG
0.0%

Consumer Defensive

IHAK

-

BUG
0.0%

Energy

IHAK

-

BUG

-

Financial Services

IHAK

-

BUG

-

Healthcare

IHAK

-

BUG
0.0%

Real Estate

IHAK

-

BUG

-

Utilities

IHAK

-

BUG

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Cybersecurity & Tech ETF

Global X Cybersecurity ETF

Often compared with IHAK:
IHAK vs. CIBRIHAK vs. WCBRIHAK vs. LOCK.LIHAK vs. HACKIHAK vs. SPYIHAK vs. TECBIHAK vs. CYSE.L
Often compared with BUG:
BUG vs. CIBRBUG vs. HACKBUG vs. WCBRBUG vs. BUGG.LBUG vs. IGVBUG vs. WCLDBUG vs. SKYY

Return for Risk

IHAK vs. BUG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
IHAK
IHAK Risk / Return Rank: 2929
Overall Rank
IHAK Sharpe Ratio Rank: 3030
Sharpe Ratio Rank
IHAK Sortino Ratio Rank: 3131
Sortino Ratio Rank
IHAK Omega Ratio Rank: 3030
Omega Ratio Rank
IHAK Calmar Ratio Rank: 2727
Calmar Ratio Rank
IHAK Martin Ratio Rank: 2626
Martin Ratio Rank
BUG
BUG Risk / Return Rank: 1717
Overall Rank
BUG Sharpe Ratio Rank: 1818
Sharpe Ratio Rank
BUG Sortino Ratio Rank: 1919
Sortino Ratio Rank
BUG Omega Ratio Rank: 1919
Omega Ratio Rank
BUG Calmar Ratio Rank: 1616
Calmar Ratio Rank
BUG Martin Ratio Rank: 1515
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

IHAK vs. BUG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Cybersecurity & Tech ETF (IHAK) and Global X Cybersecurity ETF (BUG). 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.

IHAKBUGDifference
Sharpe ratioReturn per unit of total volatility
0.73
0.30

+0.43

Sortino ratioReturn per unit of downside risk
1.15
0.64

+0.51

Omega ratioGain probability vs. loss probability

1.14

1.08

+0.06

Calmar ratioReturn relative to maximum drawdown

0.84

0.28

+0.56

Martin ratioReturn relative to average drawdown

2.00

0.62

+1.39

IHAK vs. BUG - Sharpe Ratio Comparison

The current IHAK Sharpe Ratio is 0.73, which is higher than the BUG Sharpe Ratio of 0.30. The chart below compares the historical Sharpe Ratios of IHAK and BUG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

IHAK vs. BUG - Drawdown Comparison

The maximum IHAK drawdown since its inception was -34.42%, smaller than the maximum BUG drawdown of -41.66%. Use the drawdown chart below to compare losses from any high point for IHAK and BUG.

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Drawdown Indicators

IHAKBUGDifference

Max Drawdown

Largest peak-to-trough decline

-34.42%

-41.66%

+7.24%

Max Drawdown (1Y)

Largest decline over 1 year

-22.60%

-35.16%

+12.56%

Max Drawdown (3Y)

Largest decline over 3 years

-23.48%

-37.69%

+14.21%

Max Drawdown (5Y)

Largest decline over 5 years

-34.42%

-41.66%

+7.24%

Current Drawdown

Current decline from peak

-7.32%

-9.31%

+1.99%

Average Drawdown

Average peak-to-trough decline

-10.65%

-14.24%

+3.59%

Ulcer Index

Depth and duration of drawdowns from previous peaks

9.47%

16.11%

-6.64%

Volatility

IHAK vs. BUG - Volatility Comparison

The current volatility for iShares Cybersecurity & Tech ETF (IHAK) is 8.55%, while Global X Cybersecurity ETF (BUG) has a volatility of 10.79%. This indicates that IHAK experiences smaller price fluctuations and is considered to be less risky than BUG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IHAKBUGDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.55%

10.79%

-2.24%

Volatility (6M)

Calculated over the trailing 6-month period

22.03%

28.14%

-6.11%

Volatility (1Y)

Calculated over the trailing 1-year period

26.02%

32.90%

-6.88%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

24.02%

29.00%

-4.98%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.53%

29.47%

-4.94%

IHAK vs. BUG - Expense Ratio Comparison

IHAK has a 0.47% expense ratio, which is lower than BUG's 0.50% expense ratio.

Dividends

IHAK vs. BUG - Dividend Comparison

IHAK's dividend yield for the trailing twelve months is around 0.07%, more than BUG's 0.03% yield.

PositionTTM2025202420232022202120202019
BUG
Global X Cybersecurity ETF		0.03%0.04%0.09%0.10%1.56%0.66%0.46%0.24%
IHAK
iShares Cybersecurity & Tech ETF		0.07%0.08%0.20%0.13%0.25%0.50%0.40%0.50%

Frequently Asked Questions

With a correlation of 0.92, IHAK and BUG move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

BUG has higher volatility (10.79%) compared to IHAK (8.55%). In terms of maximum drawdown, IHAK dropped -34.42% vs BUG's -41.66%.

On 5-year performance, IHAK leads with 6.85% vs 5.44% for BUG. On fees, IHAK is cheaper at 0.47% per year. On volatility, IHAK has been the lower-risk option at 8.55%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, IHAK has performed better with a 6.85% return vs 5.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IHAK is cheaper with a 0.47% expense ratio, compared with 0.50% for BUG.

IHAK has the higher dividend yield at 0.07%, compared with 0.03% for BUG.

IHAK tracks NYSE FactSet Global Cyber Security Index, while BUG tracks Indxx Cybersecurity Index. They also come from different issuers: iShares and Global X. Their fees differ too: 0.47% for IHAK and 0.50% for BUG.

IHAK currently has the higher Sharpe Ratio (0.73 vs 0.30), 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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