The ETFMG Prime Cyber Security ETF was the first ETF to focus on the cyber security industry. It tracks an index of companies involved in hardware, software and services, classifying the underlying stocks as either infrastructure or service providers. Top holdings include Cisco Systems, Akamai and Qualys,
HACK management fee matches its main competitor, the First Trust NASDAQ CEA Cybersecurity ETF (CIBR), but until recently HACK was the largest player of the two. However, since late 2020, investors have been pulling money out of HACK while CIBR has been picking up assets, in part because of concerns about the reputation of ETF Managers Group, the firm that runs HACK’s day-to-day operations.
ETFMG is facing lawsuits from former business partners alleging theft of management fees from a handful of ETFs, of which HACK is by far the largest. In December 2019, a federal judge ordered ETFMG to pay $80 million to Nasdaq, a former business partner in HACK. So far there’s little indication that the firm’s legal woes have hurt investors in the disputed funds but investors and advisers should be aware of the controversy.
One peculiarity of HACK is that, at times, an unusually large slice of HACK’s assets are invested in cash-like instruments, including VALT, ETFMG’s own short-term debt ETF. In March 2020, VALT was HACK’s biggest holding, accounting for almost 5% of the portfolio, an unusually high (and expensive) cash-like allocation for an equity index fund.
| Segment | Equity: Global Cybersecurity |
| Category | Sector |
| Focus | Theme |
| Niche | Cybersecurity |
| Strategy | Equal |
| Weighting Scheme | Tiered |
This section compares how balanced and deep this ETF is relative to its peers.
| HACK | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 61 | 71 | 46 |
| % of Assets in Top 10 | 49.22% | 46.57% | 50.54% |
| % of Assets in Top 15 | 68.22% | 59.97% | 68.27% |
| % of Assets in Top 50 | 102.16% | 93.74% | 100.15% |
| HACK | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | 60.49% | 55.06% | 50.65% |
| Mid (>2.7B) | 31.07% | 21.86% | 33.23% |
| Small (>600M) | 6.34% | 13.07% | 10.74% |
| Micro (<600M) | 0.96% | 5.98% | 3.05% |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| HACK | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | $ 0.12 | $ 0.09 | $ 0.04 |
| Dividend Date | 2021-09-21 | N/A | N/A |
| Annual Dividend Rate | $ 0.18 | $ 0.23 | $ 0.06 |
| Annual Dividend Yield | 0.27% | 0.20% | 0.12% |
View charts featuring HACK price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: -4.61 M 1 Month Net Flows: -20.13 M 3 Month Net Flows: -88.93 M 6 Month Net Flows: -139.64 M 1 Year Net Flows: -249.98 M 3 Year Net Flows: -165.82 M 5 Year Net Flows: -102.86 M 10 Year Net Flows: 1.07 BView charts that break down the influence that fund flows and price had on overall assets.
5 Day Net AUM Change: 9.87 MThe adjacent table gives investors an individual Realtime Rating for HACK on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Technology Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.
This section compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 39.60% |
| Max LT Capital Gains Rate | 20.00% |
| Tax On Distributions | Qualified dividends |
| Distributes K1 | No |
This section shows how this ETF has performed relative to its peers.
| HACK |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | 1.13% | 3.01% | -3.02% |
| 3 Month Return | -0.25% | -5.50% | -7.46% |
| YTD Return | -22.59% | -30.29% | -30.26% |
| 1 Year Return | -19.65% | -27.63% | -27.57% |
| 3 Year Return | 15.03% | 15.12% | 25.94% |
| 5 Year Return | 55.53% | 25.70% | 29.44% |
The following charts reflect the geographic spread of HACK's underlying holdings.
| Region | Percentage |
|---|---|
| North, Central and South America | 94.02% |
| Europe | 7.21% |
| Asia Pacific | 1.49% |
| Other | -2.69% |
| Country | Percentage |
|---|---|
| United States | 81.73% |
| Israel | 7.25% |
| United Kingdom | 6.93% |
| Japan | 1.49% |
| Other | 1.14% |
| Canada | 1.14% |
| Finland | 0.19% |
| Germany | 0.13% |
| Sweden | 0.03% |
The following charts reflect the allocation of HACK's underlying holdings.
| Sector | Percentage |
|---|---|
| Technology Services | 68.66% |
| Electronic Technology | 25.32% |
| Commercial Services | 4.91% |
| Miscellaneous | 3.83% |
| CASH | -2.69% |
| Market Cap | Percentage |
|---|---|
| Large | 60.49% |
| Mid | 31.07% |
| Small | 6.34% |
| Micro | 0.96% |
| Region | Percentage |
|---|
| Asset | Percentage |
|---|---|
| Share/Common/Ordinary | 98.89% |
| Exchange Traded Fund (ETF-ETF) | 2.78% |
| Open-ended Fund | 1.05% |
| CASH | -2.69% |
| Sector | Percentage |
|---|---|
| Technology Services | 68.66% |
| Electronic Technology | 25.32% |
| Commercial Services | 4.91% |
| Miscellaneous | 3.83% |
| CASH | -2.69% |
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 197.36% |
| 20 Day Volatility | 30.74% |
| 50 Day Volatility | 31.13% |
| 200 Day Volatility | 29.16% |
| Beta | 0.95 |
| Standard Deviation | 5.69% |
ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.
Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.
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