DHSB vs. HAKY

Last updated Jun 24, 2026

DHSB (Day Hagan Smart Buffer ETF) and HAKY (Amplify HACK Cybersecurity Covered Call ETF) are both Derivative Income funds. Both are actively managed. At a 0.37 correlation, their price movements are largely independent. DHSB charges 0.68%/yr vs 0.65%/yr for HAKY.

Performance

DHSB vs. HAKY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Day Hagan Smart Buffer ETF (DHSB) and Amplify HACK Cybersecurity Covered Call ETF (HAKY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DHSB

• 1D: -0.32%
• 1M: 0.13%
• YTD: 3.71%
• 6M: 3.51%
• 1Y: 8.92%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HAKY

• 1D: 1.96%
• 1M: 1.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DHSB vs. HAKY - Yearly Performance Comparison

	2026 (YTD)
DHSB Day Hagan Smart Buffer ETF	3.99%
HAKY Amplify HACK Cybersecurity Covered Call ETF	17.03%

Correlation

The correlation between DHSB and HAKY is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 21, 2026	0.37

Return for Risk

DHSB vs. HAKY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DHSB

DHSB Risk / Return Rank: 59
DHSB Sharpe Ratio Rank: 46
DHSB Sortino Ratio Rank: 50
DHSB Omega Ratio Rank: 61
DHSB Calmar Ratio Rank: 60
DHSB Martin Ratio Rank: 77

HAKY

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DHSB vs. HAKY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Day Hagan Smart Buffer ETF (DHSB) and Amplify HACK Cybersecurity Covered Call ETF (HAKY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DHSB	HAKY	Difference
Sharpe ratio: Return per unit of total volatility	1.48	—	—
Sortino ratio: Return per unit of downside risk	2.25	—	—
Omega ratio: Gain probability vs. loss probability	1.34	—	—
Calmar ratio: Return relative to maximum drawdown	2.70	—	—
Martin ratio: Return relative to average drawdown	13.58	—	—

Drawdowns

DHSB vs. HAKY - Drawdown Comparison

The maximum DHSB drawdown since its inception was -7.65%, smaller than the maximum HAKY drawdown of -13.12%. Use the drawdown chart below to compare losses from any high point for DHSB and HAKY.

Drawdown Indicators

	DHSB	HAKY	Difference
Max Drawdown Largest peak-to-trough decline	-7.65%	-13.12%	+5.47%
Max Drawdown (1Y) Largest decline over 1 year	-3.32%	—	—
Current Drawdown Current decline from peak	-0.98%	-7.66%	+6.68%
Average Drawdown Average peak-to-trough decline	-0.87%	-4.85%	+3.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.66%	—	—

Volatility

Volatility by Period

	DHSB	HAKY	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.50%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.53%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	6.07%	30.22%	-24.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.66%	30.22%	-21.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.66%	30.22%	-21.56%

DHSB vs. HAKY - Expense Ratio Comparison

DHSB has a 0.68% expense ratio, which is higher than HAKY's 0.65% expense ratio.

Dividends

DHSB vs. HAKY - Dividend Comparison

DHSB's dividend yield for the trailing twelve months is around 1.20%, less than HAKY's 5.41% yield.

Position	TTM	2025
DHSB Day Hagan Smart Buffer ETF	1.20%	1.25%
HAKY Amplify HACK Cybersecurity Covered Call ETF	5.41%	0.00%

Frequently Asked Questions

Can I hold both DHSB and HAKY in my portfolio?

DHSB and HAKY have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DHSB or HAKY?

On fees, HAKY is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DHSB or HAKY?

HAKY is cheaper with a 0.65% expense ratio, compared with 0.68% for DHSB.

Which ETF pays a higher dividend yield, DHSB or HAKY?

HAKY has the higher dividend yield at 5.41%, compared with 1.20% for DHSB.

What is the main difference between DHSB and HAKY?

They also come from different issuers: Day Hagan and Amplify. Their fees differ too: 0.68% for DHSB and 0.65% for HAKY.