URNU.L vs. BUGG.L

Last updated Jun 5, 2026

URNU.L (Global X Uranium UCITS ETF USD Acc) and BUGG.L (Global X Cybersecurity UCITS ETF USD Accumulating) are both exchange-traded funds - URNU.L is a Commodity Producers Equities fund tracking the Solactive Global Uranium & Nuclear Components Total Return 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, URNU.L returned 39.46%/yr vs 15.41%/yr for BUGG.L. At a 0.32 correlation, their price movements are largely independent. URNU.L charges 0.65%/yr vs 0.50%/yr for BUGG.L.

Performance

URNU.L vs. BUGG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Uranium UCITS ETF USD Acc (URNU.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

URNU.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, URNU.L achieves a 17.09% return, which is significantly lower than BUGG.L's 18.66% return.

URNU.L

• 1D: -1.01%
• 1M: -9.43%
• YTD: 17.09%
• 6M: 7.07%
• 1Y: 62.07%
• 3Y*: 39.46%
• 5Y*: —
• 10Y*: —

BUGG.L

• 1D: -1.57%
• 1M: 31.00%
• YTD: 18.66%
• 6M: 14.47%
• 1Y: 1.84%
• 3Y*: 15.41%
• 5Y*: —
• 10Y*: —

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

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

	2026 (YTD)	2025	2024	2023	2022
URNU.L Global X Uranium UCITS ETF USD Acc	17.09%	70.47%	1.22%	39.91%	3.03%
BUGG.L Global X Cybersecurity UCITS ETF USD Accumulating	18.66%	-4.71%	9.35%	43.23%	-2.47%

Correlation

The correlation between URNU.L and BUGG.L is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.20
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (All Time) Calculated using the full available price history since Dec 20, 2022	0.32

The correlation between URNU.L and BUGG.L shifts across timeframes, from 0.20 (1 year) to 0.32 (all time), reflecting how their relationship changes across market environments.

Return for Risk

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

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

URNU.L

URNU.L Risk / Return Rank: 34
URNU.L Sharpe Ratio Rank: 34
URNU.L Sortino Ratio Rank: 36
URNU.L Omega Ratio Rank: 33
URNU.L Calmar Ratio Rank: 38
URNU.L Martin Ratio Rank: 31

BUGG.L

BUGG.L Risk / Return Rank: 11
BUGG.L Sharpe Ratio Rank: 11
BUGG.L Sortino Ratio Rank: 11
BUGG.L Omega Ratio Rank: 12
BUGG.L Calmar Ratio Rank: 10
BUGG.L Martin Ratio Rank: 10

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.

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

This table presents a comparison of risk-adjusted performance metrics for Global X Uranium UCITS ETF USD Acc (URNU.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.

	URNU.L	BUGG.L	Difference
Sharpe ratio: Return per unit of total volatility	1.22	0.06	+1.16
Sortino ratio: Return per unit of downside risk	1.84	0.29	+1.55
Omega ratio: Gain probability vs. loss probability	1.22	1.04	+0.18
Calmar ratio: Return relative to maximum drawdown	1.86	0.05	+1.81
Martin ratio: Return relative to average drawdown	4.50	0.10	+4.39
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current URNU.L Sharpe Ratio is 1.22, which is higher than the BUGG.L Sharpe Ratio of 0.06. The chart below compares the historical Sharpe Ratios of URNU.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.

Sharpe Ratios by Period

	URNU.L	BUGG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.22	0.06	+1.16
Sharpe Ratio (All Time) Calculated using the full available price history	0.89	0.06	+0.83

Drawdowns

URNU.L vs. BUGG.L - Drawdown Comparison

The maximum URNU.L drawdown since its inception was -38.62%, roughly equal to the maximum BUGG.L drawdown of -40.00%. Use the drawdown chart below to compare losses from any high point for URNU.L and BUGG.L.

Drawdown Indicators

	URNU.L	BUGG.L	Difference
Max Drawdown Largest peak-to-trough decline	-38.62%	-40.00%	+1.38%
Max Drawdown (1Y) Largest decline over 1 year	-33.08%	-36.84%	+3.76%
Max Drawdown (3Y) Largest decline over 3 years	-38.62%	-36.84%	-1.78%
Current Drawdown Current decline from peak	-16.85%	-5.19%	-11.66%
Average Drawdown Average peak-to-trough decline	-10.93%	-17.47%	+6.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.72%	17.87%	-4.15%

Volatility

URNU.L vs. BUGG.L - Volatility Comparison

Global X Uranium UCITS ETF USD Acc (URNU.L) and Global X Cybersecurity UCITS ETF USD Accumulating (BUGG.L) have volatilities of 14.95% and 14.36%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	URNU.L	BUGG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.95%	14.36%	+0.59%
Volatility (6M) Calculated over the trailing 6-month period	35.44%	26.35%	+9.09%
Volatility (1Y) Calculated over the trailing 1-year period	50.25%	29.85%	+20.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.61%	31.38%	+9.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.61%	31.38%	+9.23%

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

URNU.L has a 0.65% expense ratio, which is higher than BUGG.L's 0.50% expense ratio.

Dividends

URNU.L vs. BUGG.L - Dividend Comparison

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

Tickers have no history of dividend payments

Frequently Asked Questions

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

URNU.L and BUGG.L have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

BUGG.L is cheaper with a 0.50% expense ratio, compared with 0.65% for URNU.L.

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

URNU.L is categorized as Commodity Producers Equities, while BUGG.L is Technology Equities. URNU.L tracks Solactive Global Uranium & Nuclear Components Total Return v2 Index, while BUGG.L tracks MSCI World/Information Tech NR USD. Their fees differ too: 0.65% for URNU.L and 0.50% for BUGG.L.