HACK ETFMG Prime Cyber Security ETF
HACK Fund Description
HACK tracks a tiered, equal-weighted index that targets companies actively involved in providing cybersecurity technology and services.
HACK Factset Analytics Insight
HACK is the first ETF on the market that focuses on cybersecurity. The fund splits the industry into 2 segments: developers of cybersecurity hardware or software and providers of cybersecurity services. HACK selects stocks by market cap and uses a modified equal-weighting scheme. Each of the fund’s segments is weighted proportionally by its respective market cap in comparison with the cumulative market cap of both segments. After evenly weighting components within each of these segments, adjustments are made for liquidity. HACK has a unique, cybersecurity-focused take on the technology sector that gives it a small-cap tilt, with concentrations in software and IT services that are not present in a plain-vanilla fund. The index is reconstituted and rebalanced quarterly. On June 30, 2020, the fund announced a potential reorganization which would result in a change of fund managers to Exchange Traded Concepts. The acquisition is still pending subject to shareholder approval.
HACK Summary Data
HACK Portfolio Data
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HACK Portfolio Management
HACK Tax Exposures
HACK Fund Structure
HACK Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of HACK. HACK is rated a 2 out of 5.
HACK Sector/Industry Breakdown
HACK Top 10 Holdings[View All]
HACK Economic Development
HACK Performance Statistics
HACK Benchmark Comparison Summary
HACK Benchmark Comparison Market Cap Size