Amplify ETFs Spotlights HACK, the First Cybersecurity ETF, During Cybersecurity Awareness Month
Globenewswire·2025-10-01 16:25

Core Insights - October is recognized as Cybersecurity Awareness Month, highlighting the importance of digital security globally [1][2] - Amplify ETFs is promoting its cybersecurity ETF, HACK, which allows investors to engage in the rapidly growing cybersecurity sector [1][2] Industry Overview - The global cybersecurity market is projected to reach $454 billion in 2025 and is expected to exceed $1 trillion by 2031, with a compound annual growth rate (CAGR) of nearly 15% [1] - U.S. Department of Defense's proposed budget for 2024 shows a 3.2% increase compared to 2023, with cyber spending rising over 15% [1] Company Performance - HACK has achieved a cumulative performance of 246.20% since its inception in November 2014, with year-to-date returns of 16.65% as of September 30, 2025 [1] - The ETF has grown to over $2.3 billion in assets under management, with significant holdings in companies like Broadcom, Cisco, and Palo Alto Networks [1] Marketing Initiatives - Amplify ETFs is launching a series of marketing activities for Cybersecurity Awareness Month, including videos, social media campaigns, and a presence at Nasdaq Tower in Times Square [2] - CEO Christian Magoon is scheduled to speak at the Nasdaq Digital Symposium on October 23 [2]