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27 May 2026 · 9 min read · By Luke

HACK ETF Review: Betashares Global Cybersecurity ETF (2026)

Key findings (as at Q2 2026)

  • HACK is the Betashares Global Cybersecurity ETF, a single-theme fund holding approximately 42 global cybersecurity companies at 0.67% p.a..
  • As a thematic sector fund, HACK is concentrated and can be more volatile than a broad-market ETF.
  • Trailing distribution yield is approximately 3.4%, paid annually. Distributions are foreign-sourced and not franked.
  • General information only, not financial advice. Past performance is not a reliable indicator of future returns.

Last updated: Q2 2026. Figures on this page reflect publicly available information as at Q2 2026, reported from fund manager disclosures and reviewed quarterly. Always verify current figures directly with Betashares at betashares.com.au before making any investment decisions.

HACK is the Betashares Global Cybersecurity ETF. It gives ASX investors exposure to a portfolio of global companies in the cybersecurity sector through a single trade, at a management expense ratio of 0.67% p.a.. As a single-theme sector fund, HACK is concentrated and can behave very differently from a broad-market ETF. Whether it is appropriate for any individual depends on personal circumstances, objectives and time horizon. This article is general information only, not financial advice. ETFLens does not hold an Australian Financial Services Licence.

This review covers what HACK holds, its fees, its distributions, its historical returns (with the past-performance disclaimer that applies to every figure), the risks specific to a single-theme fund, and how it compares to RBTZ, another Betashares thematic technology ETF.

At a glance

Full nameBetashares Global Cybersecurity ETF
ASX codeHACK
ProviderBetashares
CategoryThematic and sector
Annual fee (MER)0.67% p.a.
Fund size$1.4B
Holdings42
Distribution yieldapproximately 3.4%
Distribution frequencyAnnually

Dividend yield is a trailing distribution yield. Past performance is not a reliable indicator of future returns. Fee and fund size data is reported from fund manager disclosures, reviewed quarterly.

What is the HACK ETF?

HACK is the Betashares Global Cybersecurity ETF. It holds a portfolio of global companies whose business is connected to cybersecurity, such as firms providing security software, hardware and services. It is a thematic fund, meaning it targets a specific industry rather than the broad market. As at Q2 2026 HACK holds approximately 42 positions. Because it is concentrated in one sector, its performance can diverge significantly from broad-market ETFs.

HACK holdings: what does it own?

HACK's largest holdings as at Q2 2026 include Crowdstrike Holdings Inc (10.61%), Palo Alto Networks Inc (10.06%), Fortinet Inc (9.09%), Cisco Systems Inc (8.74%), Broadcom Inc (7.94%). The portfolio is concentrated in cybersecurity companies, most of which are listed in the United States. Holdings change as the index rebalances and are reported from fund manager disclosures, reviewed quarterly. Full live holdings are on the HACK page.

HACK fees and costs

HACK charges a management expense ratio of 0.67% p.a., which works out to $67/yr per $10,000. That is higher than a broad-market index ETF such as VGS or A200, which is typical for a single-theme thematic fund. You can model the long-run dollar impact of fees with the fee calculator.

HACK distributions and yield

HACK distributes annually. The trailing distribution yield as at Q2 2026 is approximately 3.4%. Thematic growth-oriented funds often have lower distribution yields than income-focused funds. Because the underlying companies are largely foreign-listed, the dividends are not franked. Distributions vary each period and are not guaranteed. Tax treatment depends on your individual circumstances.

HACK historical performance

Past performance is not a reliable indicator of future returns. As at Q2 2026, HACK's reported total returns were approximately -9.7% over one year, 16.1% p.a. over three years and 10.4% p.a. over five years. As a concentrated thematic fund, HACK can show larger swings, both up and down, than a broad-market ETF, and these figures reflect periods of varying market conditions.

HACK vs RBTZ: key differences

HACK and RBTZ are both Betashares thematic technology ETFs, but they target different themes. HACK invests in global cybersecurity companies; RBTZ invests in global robotics and artificial intelligence companies. Both are concentrated, single-theme funds rather than broad-market ETFs, and both can be more volatile than a diversified fund. See the HACK vs RBTZ comparison for the live holdings overlap. General information only, not financial advice.

Things to consider before investing in HACK

HACK is a single-theme sector fund, so it carries concentration risk and thematic risk: its fortunes are tied to one industry. It is unhedged, adding currency risk, and its fee is higher than a broad-market ETF. Investors sometimes hold a small thematic position alongside a diversified core rather than as a core holding. Whether that suits any individual depends on personal circumstances. For the full Betashares range, see the Betashares ETFs Australia guide. Always read the relevant PDS. ETFLens does not hold an Australian Financial Services Licence.

Conclusion

HACK is the Betashares Global Cybersecurity ETF: approximately 42 global cybersecurity companies at 0.67% p.a., with a trailing yield of approximately 3.4%, paid annually. It is a concentrated, single-theme fund that can be more volatile than the broad market. Past performance is not a reliable indicator of future returns. This is general information only, not financial advice.

L

Written by Luke, founder of ETFLens

Melbourne-based software developer and investor. Built ETFLens after spending three years holding VAS and A200 without realising how much of the two funds was the same underlying holdings.

About ETFLens →

General information only, not financial advice. ETFLens does not hold an AFSL. Always read the relevant PDS and consider seeking advice from a licensed financial adviser.

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Holdings data reported from fund manager disclosures, reviewed quarterly.