IHAK vs. HACK

Last updated Jun 24, 2026

IHAK (iShares Cybersecurity & Tech ETF) and HACK (Amplify Cybersecurity ETF) are both Technology Equities funds - IHAK tracks the NYSE FactSet Global Cyber Security Index while HACK tracks the Nasdaq ISE Cyber Security Select Index. Both are passively managed. Over the past 5 years, IHAK returned 4.93%/yr vs 9.42%/yr for HACK. Their correlation of 0.94 suggests significant overlap in exposure. IHAK charges 0.47%/yr vs 0.60%/yr for HACK.

Performance

IHAK vs. HACK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Cybersecurity & Tech ETF (IHAK) and Amplify Cybersecurity ETF (HACK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IHAK achieves a 13.38% return, which is significantly lower than HACK's 19.40% return.

IHAK

• 1D: 0.91%
• 1M: -2.63%
• YTD: 13.38%
• 6M: 11.34%
• 1Y: 5.97%
• 3Y*: 14.38%
• 5Y*: 4.93%
• 10Y*: —

HACK

• 1D: 1.24%
• 1M: 1.17%
• YTD: 19.40%
• 6M: 17.34%
• 1Y: 14.12%
• 3Y*: 25.16%
• 5Y*: 9.42%
• 10Y*: 15.64%

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

IHAK vs. HACK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
IHAK iShares Cybersecurity & Tech ETF	13.38%	-1.29%	7.60%	37.77%	-25.81%	11.13%	51.22%	6.48%
HACK Amplify Cybersecurity ETF	19.40%	7.97%	23.49%	37.44%	-28.16%	7.03%	41.51%	6.40%

Correlation

The correlation between IHAK and HACK is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.89
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (All Time) Calculated using the full available price history since Jun 13, 2019	0.94

The correlation between IHAK and HACK has been stable across timeframes, ranging from 0.89 to 0.94 - a consistent structural relationship.

IHAK vs. HACK - Sectors Allocation Comparison

Sectors	IHAK	HACK
Technology	95.8%	92.7%
Industrials	3.2%	7.2%
Communication Services	0.4%	-
Basic Materials	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	0.1%
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

IHAK vs. HACK — Risk / Return Rank

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

IHAK

IHAK Risk / Return Rank: 12
IHAK Sharpe Ratio Rank: 12
IHAK Sortino Ratio Rank: 12
IHAK Omega Ratio Rank: 12
IHAK Calmar Ratio Rank: 11
IHAK Martin Ratio Rank: 11

HACK

HACK Risk / Return Rank: 17
HACK Sharpe Ratio Rank: 17
HACK Sortino Ratio Rank: 17
HACK Omega Ratio Rank: 17
HACK Calmar Ratio Rank: 17
HACK Martin Ratio Rank: 16

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.

IHAK vs. HACK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Cybersecurity & Tech ETF (IHAK) and Amplify Cybersecurity ETF (HACK). 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.

	IHAK	HACK	Difference
Sharpe ratio: Return per unit of total volatility	0.25	0.55	-0.30
Sortino ratio: Return per unit of downside risk	0.50	0.90	-0.40
Omega ratio: Gain probability vs. loss probability	1.06	1.11	-0.05
Calmar ratio: Return relative to maximum drawdown	0.26	0.69	-0.43
Martin ratio: Return relative to average drawdown	0.59	1.61	-1.02

IHAK vs. HACK - Sharpe Ratio Comparison

The current IHAK Sharpe Ratio is 0.25, which is lower than the HACK Sharpe Ratio of 0.55. The chart below compares the historical Sharpe Ratios of IHAK and HACK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IHAK vs. HACK - Drawdown Comparison

The maximum IHAK drawdown since its inception was -34.42%, smaller than the maximum HACK drawdown of -42.68%. Use the drawdown chart below to compare losses from any high point for IHAK and HACK.

Drawdown Indicators

	IHAK	HACK	Difference
Max Drawdown Largest peak-to-trough decline	-34.42%	-42.68%	+8.26%
Max Drawdown (1Y) Largest decline over 1 year	-23.48%	-20.67%	-2.81%
Max Drawdown (3Y) Largest decline over 3 years	-23.48%	-21.90%	-1.58%
Max Drawdown (5Y) Largest decline over 5 years	-34.42%	-38.68%	+4.26%
Max Drawdown (10Y) Largest decline over 10 years	—	-38.68%	—
Current Drawdown Current decline from peak	-10.59%	-8.93%	-1.66%
Average Drawdown Average peak-to-trough decline	-10.74%	-11.62%	+0.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.17%	8.80%	+1.37%

Volatility

IHAK vs. HACK - Volatility Comparison

The current volatility for iShares Cybersecurity & Tech ETF (IHAK) is 10.23%, while Amplify Cybersecurity ETF (HACK) has a volatility of 11.83%. This indicates that IHAK experiences smaller price fluctuations and is considered to be less risky than HACK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IHAK	HACK	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.23%	11.83%	-1.60%
Volatility (6M) Calculated over the trailing 6-month period	20.48%	21.94%	-1.46%
Volatility (1Y) Calculated over the trailing 1-year period	24.47%	26.06%	-1.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.66%	24.30%	-0.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.40%	23.25%	+1.15%

IHAK vs. HACK - Expense Ratio Comparison

IHAK has a 0.47% expense ratio, which is lower than HACK's 0.60% expense ratio.

Dividends

IHAK vs. HACK - Dividend Comparison

IHAK's dividend yield for the trailing twelve months is around 0.08%, more than HACK's 0.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
HACK Amplify Cybersecurity ETF	0.06%	0.07%	0.14%	0.20%	0.24%	0.26%	1.11%	0.14%	0.09%	0.01%	1.23%
IHAK iShares Cybersecurity & Tech ETF	0.08%	0.08%	0.20%	0.13%	0.25%	0.50%	0.40%	0.50%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IHAK and HACK in my portfolio?

IHAK and HACK have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IHAK or HACK?

HACK has higher volatility (11.83%) compared to IHAK (10.23%). In terms of maximum drawdown, IHAK dropped -34.42% vs HACK's -42.68%.

Which ETF is better, IHAK or HACK?

On 5-year performance, HACK leads with 9.42% vs 4.93% for IHAK. On fees, IHAK is cheaper at 0.47% per year. On volatility, IHAK has been the lower-risk option at 10.23%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IHAK or HACK?

Over the 5-year period, HACK has performed better with a 9.42% return vs 4.93%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IHAK or HACK?

IHAK is cheaper with a 0.47% expense ratio, compared with 0.60% for HACK.

Which ETF pays a higher dividend yield, IHAK or HACK?

IHAK has the higher dividend yield at 0.08%, compared with 0.06% for HACK.

What is the main difference between IHAK and HACK?

IHAK tracks NYSE FactSet Global Cyber Security Index, while HACK tracks Nasdaq ISE Cyber Security Select Index. They also come from different issuers: iShares and Amplify. Their fees differ too: 0.47% for IHAK and 0.60% for HACK.

Which has better risk-adjusted returns?

HACK currently has the higher Sharpe Ratio (0.55 vs 0.25), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.