HAKYAmplify HACK Cybersecurity Covered Call ETF
Seeks to balance high income and capital appreciation through investment exposure to cybersecurity companies and a covered call strategy.
By Amplify ETFs · Launched 2026
0.65%
#3,297 of 5,562 · average
$2M
#5,308 of 5,562 · small
—
5 months
#5,189 of 5,562 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundAsset class
AlternativeRegion
GlobalStrategy
Option income
Index tracked
Nasdaq ISE Cyber Security Select Index
What it actually holds
By weightConcentration
Top 10 holdings = 56.8% of fundmoderately concentrated
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsWorst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Where to buy
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks to balance high income and capital appreciation through investment exposure to cybersecurity companies and a covered call strategy.
- Strategy
- Invests primarily in equity securities of cybersecurity companies held by the HACK ETF and writes covered call options on these securities. The HACK ETF targets companies in the Nasdaq ISE Cyber Security Select Index.
- Inception date
- January 20, 2026
- Fund family
- Amplify ETFs
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Covered call ETF — yield ≠ total return
The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.
Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
Why we flagged this: strategy=option_income + option_income_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-06-19