Amplify ETFs, a recognized innovator in next-generation exchange-traded fund solutions, has announced the launch of the Amplify HACK Cybersecurity Covered Call ETF (HAKY). With this new offering, Amplify expands its cybersecurity investment lineup by introducing an income-oriented fund designed to combine consistent cash flow with long-term growth potential.

HAKY aims to strike a balance between generating high income and capturing capital appreciation. Specifically, the fund targets annualized option premium income of 15% or more, while still providing investors with exposure to the rapidly growing cybersecurity sector. To achieve this objective, HAKY plans to invest primarily in the equity securities held by the widely followed Amplify Cybersecurity ETF (HACK), which manages approximately $2 billion in assets. On top of this equity exposure, the fund actively writes call options, using a covered call strategy to generate recurring option premium income.

Through this structure, HAKY prioritizes a balanced approach that seeks to deliver attractive monthly income without fully sacrificing upside participation. Unlike traditional covered call products that may significantly cap growth potential, HAKY intends to maintain exposure to cybersecurity stocks while selectively selling call options. As a result, the fund aims to provide investors with both income generation and participation in the sector’s long-term expansion.

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Moreover, the ETF is designed to pay monthly distributions that incorporate targeted option premiums. This monthly income feature may appeal to investors seeking regular cash flow, particularly during periods of heightened market volatility. In such environments, covered call strategies can potentially offer an income cushion and help smooth portfolio returns. Additionally, HAKY may enhance diversification by providing an alternative income stream beyond conventional fixed-income investments or broad equity income strategies.

The launch comes at a time when cybersecurity has become a strategic priority across industries. As digital transformation accelerates, organizations in both the public and private sectors face a growing volume of sophisticated cyber threats. Simultaneously, evolving regulatory requirements and increased geopolitical tensions are driving sustained investment in cybersecurity infrastructure. According to industry estimates, the global cybersecurity market is expected to surpass $1 trillion by 2031, growing at an approximate compound annual growth rate of 15%. Structural tailwinds such as the widespread adoption of artificial intelligence and heightened geopolitical risk continue to reinforce the sector’s long-term outlook.

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“Cybersecurity is now mission-critical infrastructure as organizations confront escalating digital threats,” said Christian Magoon, CEO of Amplify ETFs. “HAKY builds on our long-standing HACK exposure with an income-focused approach aiming to provide investors access to the sector’s growth potential with attractive monthly income potential.”

HAKY also becomes the newest addition to Amplify’s expanding YieldSmart ETF family. This suite of covered call, options-based ETFs focuses on delivering innovative income strategies that seek to balance yield generation with capital appreciation. By integrating cybersecurity equity exposure with an options overlay, HAKY aligns with Amplify’s broader mission to offer differentiated tools for income-focused and total-return investors.

With an expense ratio of 0.65% and a strategy centered on monthly distributions, the Amplify HACK Cybersecurity Covered Call ETF positions itself as a timely solution for investors looking to tap into the cybersecurity sector’s growth story while also pursuing consistent income in an uncertain global environment.

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