HAKY vs. BAGY

Last updated Jun 5, 2026

HAKY (Amplify HACK Cybersecurity Covered Call ETF) and BAGY (Amplify Bitcoin Max Income Covered Call ETF) are both Derivative Income funds from Amplify. Both are actively managed. At a 0.26 correlation, their price movements are largely independent. Both charge a 0.65% expense ratio.

Performance

HAKY vs. BAGY - Performance Comparison

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

Returns By Period

HAKY

• 1D: -1.00%
• 1M: 18.02%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BAGY

• 1D: -2.81%
• 1M: -22.92%
• YTD: -24.09%
• 6M: -26.66%
• 1Y: -38.27%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HAKY vs. BAGY - Yearly Performance Comparison

	2026 (YTD)
HAKY Amplify HACK Cybersecurity Covered Call ETF	23.43%
BAGY Amplify Bitcoin Max Income Covered Call ETF	-27.10%

Correlation

The correlation between HAKY and BAGY is 0.26, 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 22, 2026	0.26

HAKY vs. BAGY - Sectors Allocation Comparison

Sectors	HAKY	BAGY
Technology	91.2%	-
Industrials	8.8%	-
Financial Services	1.0%	26.5%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

HAKY vs. BAGY — Risk / Return Rank

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

BAGY

BAGY Risk / Return Rank: 2
BAGY Sharpe Ratio Rank: 2
BAGY Sortino Ratio Rank: 2
BAGY Omega Ratio Rank: 2
BAGY Calmar Ratio Rank: 2
BAGY Martin Ratio Rank: 1

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.

HAKY vs. BAGY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify HACK Cybersecurity Covered Call ETF (HAKY) and Amplify Bitcoin Max Income Covered Call ETF (BAGY). 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.

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

Sharpe Ratios by Period

	HAKY	BAGY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.91	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.52	-0.70	+3.22

Drawdowns

HAKY vs. BAGY - Drawdown Comparison

The maximum HAKY drawdown since its inception was -13.12%, smaller than the maximum BAGY drawdown of -47.52%. Use the drawdown chart below to compare losses from any high point for HAKY and BAGY.

Drawdown Indicators

	HAKY	BAGY	Difference
Max Drawdown Largest peak-to-trough decline	-13.12%	-47.52%	+34.40%
Max Drawdown (1Y) Largest decline over 1 year	—	-47.52%	—
Current Drawdown Current decline from peak	-3.33%	-46.60%	+43.27%
Average Drawdown Average peak-to-trough decline	-4.49%	-19.71%	+15.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	26.44%	—

Volatility

Volatility by Period

	HAKY	BAGY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.89%	—
Volatility (6M) Calculated over the trailing 6-month period	—	32.87%	—
Volatility (1Y) Calculated over the trailing 1-year period	30.72%	41.98%	-11.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.72%	40.86%	-10.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.72%	40.86%	-10.14%

HAKY vs. BAGY - Expense Ratio Comparison

Both HAKY and BAGY have an expense ratio of 0.65%.

Dividends

HAKY vs. BAGY - Dividend Comparison

HAKY's dividend yield for the trailing twelve months is around 5.16%, less than BAGY's 59.93% yield.

Position	TTM	2025
BAGY Amplify Bitcoin Max Income Covered Call ETF	59.93%	30.16%
HAKY Amplify HACK Cybersecurity Covered Call ETF	5.16%	0.00%

Frequently Asked Questions

Can I hold both HAKY and BAGY in my portfolio?

HAKY and BAGY have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HAKY or BAGY?

Both ETFs have the same 0.65% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HAKY or BAGY?

HAKY and BAGY have the same expense ratio: 0.65% per year.

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

BAGY has the higher dividend yield at 59.93%, compared with 5.16% for HAKY.