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Global X Cybersecurity (BUG)Overvalued or undervalued?
Look-through valuation · Theme · Expense ratio 0.50 % · ISIN US37954Y3844
Price history (since 2019)
Monthly close since 2019. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| Okta Inc OKTA | 8.7 % | −81.3 % | 68 |
| Palo Alto Networks Inc PANW | 7.9 % | −88.9 % | 57 |
| Crowdstrike Holdings Inc CRWD | 7.7 % | −89.6 % | 49 |
| Fortinet Inc FTNT | 7.5 % | −60.2 % | 78 |
| Qualys Inc QLYS | 5.9 % | −26.7 % | 83 |
| Zscaler Inc ZS | 5.3 % | −64.1 % | 45 |
| Tenable Holdings Inc TENB | 5.1 % | −86.8 % | 54 |
| SailPoint, Inc. Common Stock SAIL | 5.0 % | −90.2 % | 46 |
| Rubrik, Inc. RBRK | 4.9 % | −87.4 % | 46 |
| Varonis Systems VRNS | 4.6 % | −78.1 % | 37 |
| Gen Digital Inc. GEN | 4.5 % | +9.3 % | 68 |
| SentinelOne Inc S | 4.3 % | −82.8 % | 50 |
| Netskope, Inc. Class A Common Stock NTSK | 4.3 % | −97.3 % | 30 |
| Akamai Technologies Inc AKAM | 3.9 % | −40.4 % | 57 |
| CommVault Systems Inc CVLT | 3.9 % | −63.7 % | 66 |
| Check Point Software Technologies Ltd CHKP | 3.4 % | +18.2 % | 77 |
| Trend Micro Inc. 4704 | 3.0 % | n/a | n/a |
| A10 Network ATEN | 2.4 % | −51.9 % | 65 |
| Radware Ltd RDWR | 1.6 % | −69.1 % | 70 |
| Rapid7 Inc RPD | 1.2 % | −46.3 % | 50 |
| OneSpan Inc OSPN | 0.8 % | +38.7 % | 77 |
| NCC Group plc NCC | 0.7 % | −60.4 % | 59 |
| AhnLab Inc 053800 | 0.6 % | +73.6 % | 72 |
| Gorilla Technology Group Inc. GRRR | 0.5 % | −41.8 % | 34 |
| Digital Arts Inc 2326 | 0.5 % | n/a | n/a |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 30 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
The 10 most cheaply valued ETFs
Measured against the look-through fair value of the holdings (sufficiently covered funds only). Green means below fair value, red above. Not financial advice.
- 1 CHIU Global X MSCI China Utilities ETF +65.2 % below FV
- 2 CHIQ Global X MSCI China Consumer Disc ETF +56.4 % below FV
- 3 FXI iShares China Large-Cap ETF +52.9 % below FV
- 4 KWEB KraneShares CSI China Internet ETF +44.4 % below FV
- 5 FLCH Franklin FTSE China ETF +38.3 % below FV
- 6 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF +29.9 % below FV
- 7 MCHI iShares MSCI China ETF +28.1 % below FV
- 8 ITB iShares U.S. Home Construction ETF +18.6 % below FV
- 9 TAN Invesco Solar ETF +17.9 % below FV
- 10 C003 Amundi Index Solutions - Amundi DivDAX I UCITS ETF EUR Distributing +8.4 % below FV
Frequently asked about BUG
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How we value this ETF
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives Global X Cybersecurity ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Sep 4, 2026
The look-through is a computed summary of public fundamentals and is no substitute for your own research.