$BUG Global X Cybersecurity ETF - ATH ?After a almost perfect back-test at $31.78 the 2021 & 2024 Highs are very close
NASDAQ:CRWD leading the way with a ATH today while laggards like NYSE:S are trying to break from its base.
Key stats
About Global X Cybersecurity ETF
Home page
Inception date
Oct 25, 2019
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
BUG provides exposure to companies involved in the development and management of security protocols preventing intrusion and attacks to systems, networks, applications, computers, and mobile devices. Eligible securities are those in emerging and developed countries and are selected based on revenue which must be at least 50% generated from cybersecurity activities. The fund also invests in ADRs and GDRs based on such securities. The index weights its constituents by market-cap but each are subject to caps, thereby limiting concentration on large-cap companies and increasing exposure to other companies. The top 40 cybersecurity companies will form the final index. The index is reconstituted and re-weighted semi-annually.
Classification
What's in the fund
Exposure type
Technology Services
Stock breakdown by region
Top 10 holdings
Global X Cybersecurity ETFComparing the Global X Cybersecurity ETF versus the S&P 500 and the NASDAQ indexes since 7/31/2021.
$BUG Good Cybersecurity BarometerIf you like the cyber security space, you can trade BUG or use it as a barometer as it's comprised of names such as PANW , CROWD ,ZS, etc.
I like this fund because... it's cheap. PANW is trading at almost $600 , options aren't cheap (JUN 620c is 28.4 or $2,840 a contract).
However if you wante
$BUG Long The oscillators show a long entry.
Momentum - RSI crosses the 50 upwards.
Trend - Stochastic is in an upward trend.
Stochastic strategy - over 80% success in the ETF.
Global X Cybersecurity ETFThere is an increased need for protection against cyber-attacks.
Below are some statistics from the 2021 Cybersecurity Statistics Report via PreyProject.
- 70% of organizations say that they believe their security risk increased significantly in 2017. (Ponemon Institute)
- By 2020, the number of
$BUG - I need inI will get into commons.
I like the ascending wedge, the cinched MACD, the stochastic and ATR.
BUG - CYBERSECURITY ETF - Up 140% post MarchA relatively new ETF, BUG provides exposure to companies involved in the development and management of security protocols preventing intrusion and attacks to systems, networks, applications, computers, and mobile devices. Eligible securities are those in the emerging and developed countries and are
BUG: Double Top Double Top
Pros:
Descending volume during formation
RS flat and below 0
R/R ratio above 5
ATR flat
Cons:
PPS above 50MA and 200MA
200MA ascending
250RSI above 50
If confirmed:
PT = 17.92$
Cybersecurity massive volume!On a minute chart, there was a buy trade for 266,069 shares; creating the biggest volume spike in this ETF's short history. (check volume candles on chart).
As we see the volume spike on a specific minute (10:48am ET), we can assume the trade was made by probably 1 institution/person. This means th
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
BUG trades at 34.91 USD today, its price has risen 1.22% in the past 24 hours. Track more dynamics on BUG price chart.
BUG net asset value is 34.89 today — it's risen 2.95% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
BUG assets under management is 1.08 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
BUG price has risen by 4.30% over the last month, and its yearly performance shows a 21.51% increase. See more dynamics on BUG price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.95% over the last month, showed a 3.22% increase in three-month performance and has increased by 21.47% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.95% over the last month, showed a 3.22% increase in three-month performance and has increased by 21.47% in a year.
BUG fund flows account for 144.57 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
BUG invests in stocks. See more details in our Analysis section.
BUG expense ratio is 0.51%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, BUG isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, BUG technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BUG shows the strong buy signal. See more of BUG technicals for a more comprehensive analysis.
Today, BUG technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BUG shows the strong buy signal. See more of BUG technicals for a more comprehensive analysis.
Yes, BUG pays dividends to its holders with the dividend yield of 0.09%.
BUG trades at a premium (0.06%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
BUG shares are issued by Mirae Asset Global Investments Co., Ltd.
BUG follows the Indxx Cybersecurity Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 25, 2019.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.