Data as of .
HAKY vs WEPN: which paid, and which earned it?
HAKY and WEPN both write options for income.
What they hold in common
By the books each fund has filed, HAKY and WEPN hold 16% of their money in the same securities at the same weight.
| Holding | HAKY | WEPN |
|---|---|---|
| Palo Alto Networks Inc | 8.56% | 4.93% |
| Crowdstrike Holdings Inc | 9.19% | 4.82% |
| General Dynamics Corp | 3.28% | 3.92% |
| Northrop Grumman Corp | 2.48% | 3.15% |
| Only in HAKY | Only in WEPN |
|---|---|
| Okta Inc 6.69% | Invesco DB Base Metals Fund 6.48% |
| Fortinet Inc 6.55% | AeroVironment Inc 5.72% |
| Cloudflare Inc 5.55% | VanEck Steel ETF 4.28% |
| Rubrik Inc 5.43% | BWX Technologies Inc 4.14% |
| Cisco Systems Inc 5.35% | Ondas Inc 4.02% |
| Broadcom Inc 5.12% | Palantir Technologies Inc 3.99% |
| Qualys Inc 4.62% | Global X Lithium & Battery Tec 3.66% |
| Varonis Systems Inc 4.58% | abrdn Physical Platinum Shares ETF 3.58% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Sep 21, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| HAKY | WEPN | HAKY | WEPN | HAKY | WEPN | |
| 3 months | +18.3% | +0.6% | 4.5% | 3.0% | −5.3 pts | +11.0 pts |
| 6 months | +43.3% | +1.1% | 10.1% | 6.2% | −11.8 pts | +4.9 pts |
| Since launch | +39.2% | −7.3% | 11.0% | 6.1% | −13.9 pts | +5.2 pts |
| HAKY Amplify HACK Cybersecurity Covered Call ETF Covered call on HACK, paying monthly | WEPN Nicholas Defense and Rare Earth Income ETF Option income on ITA, paying weekly | |
|---|---|---|
| Issuer | Amplify | Nicholas |
| Strategy | covered call | option income |
| Benchmark | Cybersecurity (HACK) | Aerospace and defense (ITA), used as the proxy |
| Pays | monthly | weekly |
| Payout rate, annualized | 15.1% | 11.9% |
| Expense ratio | 0.65% | 1.11% |
| Cash paid, 1 year | 11.0% (since launch on Jan 21, 2026) | 6.1% (since launch on Mar 3, 2026) |
| Price change, 1 year | +25.5% | −13.3% |
| Total return, 1 year | +39.2% (since launch on Jan 21, 2026) | −7.3% (since launch on Mar 3, 2026) |
| Benchmark return, 1 year | +53.1% | −12.5% |
| Ahead or behind | −13.9 pts | +5.2 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 240 days | 199 days |
| Net assets | $8m | $6m |
HAKY in plain words
Over the period since launch on Jan 21, 2026 to Sep 18, 2026, HAKY paid 11.0% of its starting value in cash distributions while its price rose 25.5%. With every distribution reinvested, the fund returned +39.2%. Cybersecurity (HACK) returned +53.1% over the same days, so a holder was behind by 13.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 15.1%, paid monthly.
WEPN in plain words
Over the period since launch on Mar 3, 2026 to Sep 18, 2026, WEPN paid 6.1% of its starting value in cash distributions while its price fell 13.3%. With every distribution reinvested, the fund returned −7.3%. Aerospace and defense (ITA), used as the proxy returned −12.5% over the same days, so a holder was ahead by 5.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 11.9%, paid weekly.
Questions people ask
- Which is cheaper, HAKY or WEPN?
- HAKY charges 0.65% a year and WEPN charges 1.11%, so HAKY is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, HAKY against WEPN, data as of Sep 18, 2026. https://etfiq.com/compare/income/haky-vs-wepn Free to use with attribution; the underlying files are at Open data.