Do HACK and SPAM hold the same stocks?

By their latest filings, 62% of their books are the same securities at the same weight, which is close to holding one of them twice. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, HACK or SPAM?

HACK has 46% of its weight in S&P 500 names and SPAM has 26%, so SPAM differs more from the index.

Which is cheaper, HACK or SPAM?

HACK charges 0.60% a year and SPAM charges 0.35%, so SPAM is cheaper. Fees come from each fund's prospectus.

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HACK vs SPAM: which is really different?

HACK and SPAM hold 62% of their weight in the same names, and HACK returned +39.8% over the year. Amplify Cybersecurity ETF and Themes Cybersecurity ETF.

45.5%

HACK in the S&P 500

26.4%

SPAM in the S&P 500

+39.8%

HACK total return, 1 year

+35.1%

SPAM total return, 1 year

HACK · 1 year to Sep 30, 202655% of its weight is outside the S&P 500

46% of HACK's weight is in S&P 500 companies and 55% is outside the index

SPAM · 1 year to Sep 30, 202674% of its weight is outside the S&P 500

26% of SPAM's weight is in S&P 500 companies and 74% is outside the index

ETFIQ Off-Index Score · SPAM scores higherHow much of it is not the index it is sold as an alternative to?

HACK 34

SPAM 64.5

0.1, the lowest in this set92.0, the highest

A percentile among the 375 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it → How it is computed →

What they hold in common

By the books each fund has filed, HACK and SPAM hold 62% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Oct 1, 2026.

50%

half

62% in common

Positions both hold, largest shared weight first

Holding HACK SPAM

Crowdstrike Holdings Inc 6.27% 6.06%

Palo Alto Networks Inc 5.88% 6.45%

Fortinet Inc 5.16% 6.02%

Okta Inc 5.00% 6.36%

Rubrik Inc 4.85% 5.50%

F5 Inc 4.47% 4.46%

SentinelOne Inc 3.84% 3.99%

Zscaler Inc 4.34% 3.65%

Varonis Systems Inc 3.66% 3.53%

Qualys Inc 3.46% 3.64%

Trend Micro Inc/Japan 3.79% 3.43%

Tenable Holdings Inc 3.13% 3.13%

Only in HACK

Broadcom Inc 6.65%

Cisco Systems Inc 5.75%

Cloudflare Inc 5.57%

General Dynamics Corp 4.34%

Northrop Grumman Corp 4.26%

GEN DIGITAL INC 2.74%

Invesco Government & Agency Portfolio 12/31/2031 0.12%

Cash & Other -0.05%

Only in SPAM

Nebius Group NV 6.40%

BlackBerry Ltd 5.49%

NEXTDC Ltd 3.60%

Clear Secure Inc 3.59%

Akamai Technologies Inc 3.41%

CACI International Inc 2.58%

Booz Allen Hamilton Holding Co 2.41%

Alarm.com Holdings Inc 1.65%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

62% of the two portfolios are the same securities at the same weight.

Performance, window by window

	Total return		vs the S&P 500		vs the Nasdaq-100
Window	HACK	SPAM	HACK	SPAM	HACK	SPAM
3 months	+13.2%	+10.9%	+10.7 pts	+8.4 pts	+11.1 pts	+8.8 pts
6 months	+59.2%	+61.0%	+42.2 pts	+44.0 pts	+32.3 pts	+34.1 pts
1 year	+39.8%	+35.1%	+24.1 pts	+19.4 pts	+16.0 pts	+11.3 pts
3 years	+135.8%	not published	+50.8 pts	not published	+25.8 pts	not published
Since launch HACK Nov 2014 · SPAM Dec 2023	+404.4%	+88.0%	+47.7 pts	+16.1 pts	−286.5 pts	−3.9 pts

HACK and SPAM over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

HACK

Amplify Cybersecurity ETF · Holds 25 stocks in cybersecurity, 46% of its weight in S&P 500 companies

SPAM

Themes Cybersecurity ETF · Holds 35 stocks in cybersecurity, 26% of its weight in S&P 500 companies

Issuer Amplify Themes

Theme Cybersecurity Cybersecurity

In the S&P 500 45.5% 26.4%

Active share vs the S&P 500 95.3% 99.1%

In the Nasdaq-100 34.0% 22.2%

Holdings 25 35

Top ten, share of the fund 53.9% 54.4%

Expense ratio 0.60% 0.35%

Fee for the differing part 0.63% 0.35%

Total return, 1 year +39.8% +35.1%

vs the S&P 500 +24.1 pts +19.4 pts

vs the Nasdaq-100 +16.0 pts +11.3 pts

Below its high −2.3% −1.9%

Net assets $3.3bn $7m

HACK and SPAM on the same fields, as of Sep 30, 2026. Source: ETFIQ.

HACK in plain words

By weight, 46% of HACK's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 95%. The top ten holdings are 54% of the fund across 25 positions, as published by its issuer for Oct 1, 2026. Over the year to Sep 30, 2026 the fund returned +39.8% with distributions reinvested against +15.7% for the S&P 500, so a holder was ahead by 24.1 pts.

SPAM in plain words

By weight, 26% of SPAM's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 54% of the fund across 35 positions, as filed for Jun 30, 2026. Over the year to Sep 30, 2026 the fund returned +35.1% with distributions reinvested against +15.7% for the S&P 500, so a holder was ahead by 19.4 pts.

Questions people ask

Do HACK and SPAM hold the same stocks?: By their latest filings, 62% of their books are the same securities at the same weight, which is close to holding one of them twice. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, HACK or SPAM?: HACK has 46% of its weight in S&P 500 names and SPAM has 26%, so SPAM differs more from the index.
Which is cheaper, HACK or SPAM?: HACK charges 0.60% a year and SPAM charges 0.35%, so SPAM is cheaper. Fees come from each fund's prospectus.

Other comparisons

HACK vs IHAK HACK vs PSWD HACK vs BUG HACK vs CIBR SPAM vs WCBR SPAM vs BUG SPAM vs PSWD SPAM vs IHAK

HACK on its own →SPAM on its own →How every figure is computed →Standards and sources →

Where these figures came from

HACK filings on SEC EDGAR ↗HACK prospectus with the expense ratio (SEC) ↗Amplify page for HACK ↗SPAM filings on SEC EDGAR ↗SPAM prospectus with the expense ratio (SEC) ↗Themes page for SPAM ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, HACK against SPAM, data as of Sep 30, 2026. https://etfiq.com/compare/themes/hack-vs-spam

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.