Amplify HACK Cybersecurity Covered Call ETF

The Amplify HACK Cybersecurity Covered Call ETF is an actively managed exchange-traded fund launched on January 21, 2026, designed to provide investors with exposure to cybersecurity companies alongside enhanced income generation. It achieves this by investing in the underlying equities of the Amplify Cybersecurity ETF (HACK), which tracks companies delivering cybersecurity hardware, software, and services, and overlaying an out-of-the-money covered call options strategy on a portion of the portfolio. This approach targets 15% or greater annualized option premium income while preserving potential capital appreciation from the growing cybersecurity sector, driven by rising digital threats, AI advancements, and geopolitical risks. The fund rolls options weekly and distributes income monthly, offering a balance of yield and upside participation amid market volatility. With a total expense ratio of 0.65%, it emphasizes risk management through option premiums that can cushion downturns and diversification beyond traditional fixed income. Cybersecurity's projected expansion underscores its strategic role in modern portfolios.