HAKY vs. USOY

Last updated Jun 5, 2026

HAKY (Amplify HACK Cybersecurity Covered Call ETF) and USOY (Defiance Oil Enhanced Options Income ETF) are both Derivative Income funds. Both are actively managed. At a correlation of -0.04, they often move in opposite directions. HAKY charges 0.65%/yr vs 1.22%/yr for USOY.

Performance

HAKY vs. USOY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify HACK Cybersecurity Covered Call ETF (HAKY) and Defiance Oil Enhanced Options Income ETF (USOY). 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*: —

USOY

• 1D: -1.79%
• 1M: -3.80%
• YTD: 59.27%
• 6M: 55.41%
• 1Y: 54.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HAKY vs. USOY - Yearly Performance Comparison

	2026 (YTD)
HAKY Amplify HACK Cybersecurity Covered Call ETF	23.43%
USOY Defiance Oil Enhanced Options Income ETF	52.64%

Correlation

The correlation between HAKY and USOY is -0.04, 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 22, 2026	-0.04

Return for Risk

HAKY vs. USOY — Risk / Return Rank

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

USOY

USOY Risk / Return Rank: 55
USOY Sharpe Ratio Rank: 54
USOY Sortino Ratio Rank: 45
USOY Omega Ratio Rank: 55
USOY Calmar Ratio Rank: 77
USOY Martin Ratio Rank: 46

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. USOY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify HACK Cybersecurity Covered Call ETF (HAKY) and Defiance Oil Enhanced Options Income ETF (USOY). 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	USOY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.80	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.52	0.95	+1.57

Drawdowns

HAKY vs. USOY - Drawdown Comparison

The maximum HAKY drawdown since its inception was -13.12%, smaller than the maximum USOY drawdown of -17.46%. Use the drawdown chart below to compare losses from any high point for HAKY and USOY.

Drawdown Indicators

	HAKY	USOY	Difference
Max Drawdown Largest peak-to-trough decline	-13.12%	-17.46%	+4.34%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.29%	—
Current Drawdown Current decline from peak	-3.33%	-6.81%	+3.48%
Average Drawdown Average peak-to-trough decline	-4.49%	-6.47%	+1.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.43%	—

Volatility

Volatility by Period

	HAKY	USOY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.67%	—
Volatility (6M) Calculated over the trailing 6-month period	—	27.26%	—
Volatility (1Y) Calculated over the trailing 1-year period	30.72%	30.50%	+0.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.72%	26.14%	+4.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.72%	26.14%	+4.58%

HAKY vs. USOY - Expense Ratio Comparison

HAKY has a 0.65% expense ratio, which is lower than USOY's 1.22% expense ratio.

Dividends

HAKY vs. USOY - Dividend Comparison

HAKY's dividend yield for the trailing twelve months is around 5.16%, less than USOY's 56.65% yield.

Position	TTM	2025	2024
HAKY Amplify HACK Cybersecurity Covered Call ETF	5.16%	0.00%	0.00%
USOY Defiance Oil Enhanced Options Income ETF	56.65%	104.32%	48.60%

Frequently Asked Questions

Can I hold both HAKY and USOY in my portfolio?

HAKY and USOY have a correlation of -0.04, 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 USOY?

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 USOY?

HAKY is cheaper with a 0.65% expense ratio, compared with 1.22% for USOY.

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

USOY has the higher dividend yield at 56.65%, compared with 5.16% for HAKY.

What is the main difference between HAKY and USOY?

They also come from different issuers: Amplify and Defiance. Their fees differ too: 0.65% for HAKY and 1.22% for USOY.