HAKY: Amplify HACK Cybersecurity Covered Call ETF
ETF Education Report: Amplify HACK Cybersecurity Covered Call ETF (HAKY)
What this ETF is trying to do
The Amplify HACK Cybersecurity Covered Call ETF (HAKY) focuses on the cybersecurity industry. This means it invests in companies that work to protect computers and data from hackers. It is also an "option income" ETF. This means it uses a strategy called "covered calls" to try and generate extra cash for the fund.
What the numbers show
As of September 25, 2026, the current price of one share is $31.00.
Please note that specific performance data, such as the year-to-date price return or the one-year total return, was not supplied in this report. Because these numbers are missing, we cannot see how much the share price has changed over the last year or how much total value the fund has gained or lost.
Income and distribution explanation
This ETF is designed to pay out cash to investors, which is called a "distribution." The distribution yield for HAKY is approximately 8.83%. This number tells you how much cash the fund paid out compared to its current share price.
In the last 12 months, there were 7 distributions. While these payments provide cash income, it is important to remember that a high distribution yield does not mean the investor earned that same amount as a total return. Total return includes both the change in share price and the cash paid out, but total-return data was not supplied for this ETF.
NAV erosion explanation
"NAV erosion" is a term used to describe when the actual value of the underlying assets in an ETF goes down over time. While some investors worry about this when they see high payouts, there is no "severe erosion-risk flag" for HAKY. The current erosion score is withheld because there is not enough verified price history available to calculate it.
Top Holdings
The following are the top holdings in this ETF (note that this is a partial list):
• Crowdstrike Holdings Inc Class A: 9.28%
• Palo Alto Networks Inc: 8.46%
• Okta Inc Class A: 6.92%
• Fortinet Inc: 6.45%
• Cloudflare Inc: 5.81%
• Rubrik Inc Class A Shares: 5.46%
• Broadcom Inc: 5.01%
• Cisco Systems Inc: 4.99%
• Qualys Inc: 4.64%
• Varonis Systems Inc: 4.37%
Holdings can change over time. This data was last updated on October 4, 2026.
Pros
• Focuses on the cybersecurity sector.
• Provides a high distribution yield of approximately 8.83%.
Cons
• Total return and price return data were not supplied, making it hard to see historical performance.
• High yields can sometimes be misleading if the share price is also falling.
Beginner takeaway
HAKY is an ETF that targets cybersecurity companies and uses a strategy to pay out cash to investors. While the 8.83% distribution yield is high, beginners should remember that cash payments and share price changes are different things. Always look at the total return to see how an investment is actually performing.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | CROWDSTRIKE HOLDINGS INC CLASS A | CRWD | 9.74% |
| 2 | INVESCO SHRT-TRM INV GOV&AGCY INSTL | AGPXX | 9.26% |
| 3 | OKTA INC CLASS A | OKTA | 7.38% |
| 4 | FORTINET INC | FTNT | 6.52% |
| 5 | CLOUDFLARE INC | NET | 5.68% |
| 6 | RUBRIK INC CLASS A SHARES | RBRK | 5.56% |
| 7 | CISCO SYSTEMS INC | CSCO | 5.03% |
| 8 | QUALYS INC | QLYS | 4.68% |
| 9 | BROADCOM INC | AVGO | 4.66% |
| 10 | SENTINELONE INC CLASS A | S | 4.43% |