HAKY vs. BWET

Last updated Jun 26, 2026

HAKY (Amplify HACK Cybersecurity Covered Call ETF) and BWET (Breakwave Tanker Shipping ETF) are both exchange-traded funds - HAKY is a Derivative Income fund actively managed by Amplify, while BWET is a Commodities fund tracking the Breakwave Wet Freight Futures Index. HAKY is actively managed, while BWET is passively managed. At a correlation of -0.10, they often move in opposite directions. HAKY charges 0.65%/yr vs 3.50%/yr for BWET.

Performance

HAKY vs. BWET - Performance Comparison

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

Returns By Period

HAKY

• 1D: 0.02%
• 1M: 0.21%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BWET

• 1D: -10.47%
• 1M: -6.38%
• YTD: 678.63%
• 6M: 636.79%
• 1Y: 1,278.65%
• 3Y*: 104.38%
• 5Y*: —
• 10Y*: —

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

HAKY vs. BWET - Yearly Performance Comparison

	2026 (YTD)
HAKY Amplify HACK Cybersecurity Covered Call ETF	16.88%
BWET Breakwave Tanker Shipping ETF	408.47%

Correlation

The correlation between HAKY and BWET is -0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 21, 2026	-0.10

Return for Risk

HAKY vs. BWET — Risk / Return Rank

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

HAKY

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

BWET

BWET Risk / Return Rank: 98
BWET Sharpe Ratio Rank: 100
BWET Sortino Ratio Rank: 97
BWET Omega Ratio Rank: 97
BWET Calmar Ratio Rank: 99
BWET Martin Ratio Rank: 99

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. BWET - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify HACK Cybersecurity Covered Call ETF (HAKY) and Breakwave Tanker Shipping ETF (BWET). 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.

	HAKY	BWET	Difference
Sharpe ratio: Return per unit of total volatility	—	12.97	—
Sortino ratio: Return per unit of downside risk	—	5.67	—
Omega ratio: Gain probability vs. loss probability	—	1.83	—
Calmar ratio: Return relative to maximum drawdown	—	41.56	—
Martin ratio: Return relative to average drawdown	—	132.30	—

Drawdowns

HAKY vs. BWET - Drawdown Comparison

The maximum HAKY drawdown since its inception was -13.12%, smaller than the maximum BWET drawdown of -56.90%. Use the drawdown chart below to compare losses from any high point for HAKY and BWET.

Drawdown Indicators

	HAKY	BWET	Difference
Max Drawdown Largest peak-to-trough decline	-13.12%	-56.90%	+43.78%
Max Drawdown (1Y) Largest decline over 1 year	—	-31.11%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-56.81%	—
Current Drawdown Current decline from peak	-7.78%	-31.11%	+23.33%
Average Drawdown Average peak-to-trough decline	-4.91%	-23.77%	+18.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	9.76%	—

Volatility

Volatility by Period

	HAKY	BWET	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	33.70%	—
Volatility (6M) Calculated over the trailing 6-month period	—	92.18%	—
Volatility (1Y) Calculated over the trailing 1-year period	29.94%	100.26%	-70.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.94%	71.46%	-41.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.94%	71.46%	-41.52%

HAKY vs. BWET - Expense Ratio Comparison

HAKY has a 0.65% expense ratio, which is lower than BWET's 3.50% expense ratio.

Dividends

HAKY vs. BWET - Dividend Comparison

HAKY's dividend yield for the trailing twelve months is around 5.41%, while BWET has not paid dividends to shareholders.

Position	TTM
BWET Breakwave Tanker Shipping ETF	0.00%
HAKY Amplify HACK Cybersecurity Covered Call ETF	5.41%

Frequently Asked Questions

Can I hold both HAKY and BWET in my portfolio?

HAKY and BWET have a correlation of -0.10, 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 BWET?

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, HAKY or BWET?

HAKY is cheaper with a 0.65% expense ratio, compared with 3.50% for BWET.

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

HAKY has the higher dividend yield at 5.41%, compared with 0.00% for BWET.

What is the main difference between HAKY and BWET?

HAKY is categorized as Derivative Income, while BWET is Commodities. Their fees differ too: 0.65% for HAKY and 3.50% for BWET.