HACK Company Profile and Key Details

HACK is the first cybersecurity ETF on the market. The fund follows the ISE Cyber Security Industry classification and splits the industry into two segments: developers of cybersecurity hardware or software and providers of cybersecurity services. To be eligible for inclusion, a company must meet minimum market capitalization and liquidity screens. Eligible stocks must also derive at least 90% of their revenues from cybersecurity and should score at least 1.25% in revenue contribution. The resulting portfolio is market cap-weighted, subject to a weight capping methodology. The index is reconstituted and rebalanced quarterly. Before January 29, 2024, HACK traded under the brand name ETFMG and tracked the Prime Cyber Defense Index.