Hot ETFs: Cybersecurity, Income & Bitcoin
(1:15) - What Kind of Growth Can We Expect From The Cybersecurity Industry?
(6:50) - Amplify Cybersecurity ETF: HACK
(12:45) -What Is Driving the Popularity of Option Income ETFs?
(19:00) - What Type of Investor Should Be Using Covered Call Products?
(23:50) - Amplify CWP Enhanced Dividend Income ETF: DIVO
(28:00) - Should You Be Using Single Stock Covered Call ETFs?
(33:10) - Amplify CWP International Enhanced Dividend Income ETF: IDVO
(37:00) - Breaking Down Amplify's Bitcoin ETF Products: BITY & BAGY
(43:40) - Episode Roundup: Podcast@Zacks.com
In this episode of ETF Spotlight, I speak with Christian Magoon, Founder and CEO of Amplify ETFs, about some intriguing areas of the market that have attracted investors amid ongoing market volatility: cybersecurity, income, and Bitcoin.
The global market for cybersecurity products and services is expected to witness immense growth as more companies incorporate AI into their operations—while criminals are also leveraging AI technology to amplify and intensify cyberattacks.
While many companies may cut discretionary spending this year due to rising economic uncertainty, cybersecurity remains an area they cannot afford to ignore.
Google parent Alphabet GOOGL recently announced a deal to acquire cybersecurity startup Wiz for $32 billion. We could see an increase in M&A activity in the cybersecurity space.
Launched in 2014, HACK was the first cybersecurity ETF designed to provide cost-effective exposure to companies in the growing cybersecurity industry.
Income-hungry investors have been piling into ETFs that use options strategies to generate attractive yields. In addition to offering high income, these strategies typically help reduce portfolio volatility.
The Amplify CWP Enhanced Dividend Income ETF DIVO focuses on high-quality large-cap companies with a history of dividend growth and writes covered calls on individual stocks. Meta Platforms META and Apple AAPL are among its top holdings.
While DIVO has significantly outperformed the market leader—JPMorgan Equity Premium Income ETF JEPI—both have underperformed the S&P 500 ETF (SPY) over the long term on a total return basis. Who are the ideal users of these products?
The Amplify International Enhanced Dividend Income ETF IDVO follows the same strategy as DIVO but invests in international stocks.
Newly launched Amplify ETFs combine two of the hottest trends: Bitcoin and income. They employ a covered call strategy tied to Bitcoin price exposure through the iShares Bitcoin Trust IBIT.
Tune in to the podcast to learn more. And be sure to watch for the next edition of ETF Spotlight! If you have any comments or questions, please email us at podcast@zacks.com.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Apple Inc. (AAPL) : Free Stock Analysis Report
Alphabet Inc. (GOOGL) : Free Stock Analysis Report
Amplify CWP Enhanced Dividend Income ETF (DIVO): ETF Research Reports
JPMorgan Equity Premium Income ETF (JEPI): ETF Research Reports
Meta Platforms, Inc. (META) : Free Stock Analysis Report
Amplify CWP International Enhanced Dividend Income ETF (IDVO): ETF Research Reports
This article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
36 minutes ago
- Yahoo
This Texas metro saw least amount of inflation: analysis
(NEXSTAR) — Though inflation growth slowed (minimally) over the past month, consumer prices rose 2.4% in May vs. this time last year. But not everywhere in the U.S. is feeling the burn quite as much some others. Recently, financial news and resources outlet WalletHub compared 23 major U.S. metropolitan areas to find out how inflation is hitting differently, depending where you live. And one Texas city was found to have the smallest increase in inflation of all cities measured. Austin Mayor: Texas National Guard may be deployed for ICE protests To figure out the ranking, WalletHub compared these metropolitan statistical areas (MSAs) across two metrics related to the Consumer Price Index (CPI). WalletHub's Adam McCann used this inflation data to determine growth compared to two months ago and to one year ago. All-in-all, inflation grew the least in the Dallas-Fort Worth-Arlington area over these time periods, WalletHub says. The north Texas MSA had an inflation score of only 4.29 out of 100 (with 100 being the worst inflation problems). For comparison, the MSA with the highest levels of inflation growth, Boston-Cambridge-Newton, MA-NH, had an inflation score of 84.03. Here are the inflation rates for the two Texas metros WalletHub analyzed. Rank Metro Inflation score % change over past 2 months % change over past year 13. Houston-The Woodlands-Sugar Land 49.22 0.90% 1.20% 23. Dallas-Fort Worth-Arlington 4.29 0.10% 0.60% WalletHub found that the Houston-The Woodlands-Sugar Land area saw the fourth-most inflationary growth over the past two months. The Houston-area metro tied for highest consumer price growth along with Baltimore, Maryland, and Anchorage, Alaska. Can you still make money with Bitcoin? Comparatively, Dallas ranked (tied) 22nd for lowest consumer price growth over the past two months and 22nd (second to last) for lowest consumer price changes over the past year. May's CPI for the Dallas-Fort Worth-Arlington metro found that prices for items outside of food and energy decreased during the two-month period, including for household items and rent. Prices on food at home rose 0.8% and prices for food away from home rose 0.4% over the past two months. To read WalletHub's full Changes in Inflation by City analysis, visit WalletHub. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Miami Herald
43 minutes ago
- Miami Herald
Stablecoin regulation bill easily moves toward full Senate vote
June 11 (UPI) -- The U.S. Senate overwhelmingly advanced legislation for a regulatory method for payment with stablecoins. The cloture, which ended debate, was approved 68-30, including 18 Democrats. It clears the way for final approval for the Guiding and Establishing National Innovation for U.S. Stablecoins Act, or GENIUS. Two Republicans, Rand Paul of Kentucky and Josh Hawley of Missouri, voted no. A stablecoin, which supporters say is a type of cryptocurrency designed to maintain a stable value, is typically pegged to another asset such as a currency such as a U.S. dollar or a commodity, including gold. Other digital cryptocurrencies, including Bitcoin, can experience significant price fluctuations and are not part of the Senate legislation. For passage in the Senate, there needs to be at least 60 votes. On Tuesday, two House committees easily approved a bill that establishes a regulatory framework for digital assets, not just stablecoin, called the CLARITY Act. "We want to bring cryptocurrency into the mainstream, and the GENIUS Act will help us do that," said Senate Majority Leader John Thune of South Dakota, adding there was "more work to be done" for Congress in regard to digital assets, referring to the House's bill. The bill would require stablecoins to be fully backed by U.S. dollars or similar liquid assets, mandate annual audits for issuers with more than $50 billion in market capitalization and add language around foreign issuance. The cloture ended an open amendments process. Democrats had sought to add a provision that would prevent President Donald Trump and other elected officials from profiting off stablecoins. "Let me be clear, this did not happen by accident," Senate Banking Committee Chair Tim Scott, R-S.C., said on the Senate floor before the vote. "It happened because we led. To those who said Washington could not act, to those who said Washington could not act, to those who doubted bipartisanship -- let's prove them wrong." Senate Minority Leader Chuck Schumer of New York voted against the bill along with other prominent Democrats. "The GENIUS act attempts to set up some guardrails for buying and selling a type of cryptocurrency, one type called a stablecoin," Sen. Jeff Merkley, D-Ore., said on the Senate floor before his no vote. "Well, we need guardrails that ensure that government officials aren't openly asking people to buy their coins in order to increase their personal profit or their family's profit," he added. "Where are those guardrails in this bill? They're completely, totally absent." Some Democrats were concerned about foreign issuers, anti-money laundering standards, potential corporate issuance of stablecoins and Trump's deepening ties to crypto ventures. Trump and his wife, Melania, launched meme coins days before his inauguration on Jan. 20. His affiliated venture, World Liberty Financial, recently launched its stablecoin. Trump Media is planning to build a multi-billion dollar Bitcoin treasury. And American Bitcoin,a mining firm backed by his sons, Eric Trump and Donald Trump Jr., is planning to go public via a Gryphon merger. "It's extremely unhelpful that we have a president who's involved in this industry, and I would love to ban this activity, but that does not diminish the excellent work of this legislation," Sen. Kirsten Gillibrand, D-N.Y., who approved the measure, said. "It does not diminish the hard work that bipartisan group of senators put into this to make a difference and to write a law that can protect consumers, that can protect our financial services industry, that can protect the strength of the dollar, and that can protect people who would like access to capital." Massachusetts Sen. Elizabeth Warren, who voted against cloture, said: "Through his crypto business, Trump has created an efficient means to trade presidential favors like tariff exemptions, pardons and government appointments for hundreds of millions, perhaps billions of dollars from foreign governments, from billionaires and from large corporations. By passing the GENIUS Act, the Senate is not only about to bless this corruption, but to actively facilitate its expansion." Copyright 2025 UPI News Corporation. All Rights Reserved.
UPI
an hour ago
- UPI
Stablecoin regulation bill easily moves toward full Senate vote
June 11 (UPI) -- The U.S. Senate overwhelmingly advanced legislation for a regulatory method for payment with stablecoins. The cloture, which ended debate, was approved 68-30, including 18 Democrats. It clears the way for final approval for the Guiding and Establishing National Innovation for U.S. Stablecoins Act, or GENIUS. Two Republicans, Rand Paul of Kentucky and Josh Hawley of Missouri, voted no. A stablecoin, which supporters say is a type of cryptocurrency designed to maintain a stable value, is typically pegged to another asset such as a currency such as a U.S. dollar or a commodity, including gold. Other digital cryptocurrencies, including Bitcoin, can experience significant price fluctuations and are not part of the Senate legislation. For passage in the Senate, there needs to be at least 60 votes. On Tuesday, two House committees easily approved a bill that establishes a regulatory framework for digital assets, not just stablecoin, called the CLARITY Act. "We want to bring cryptocurrency into the mainstream, and the GENIUS Act will help us do that," said Senate Majority Leader John Thune of South Dakota, adding there was "more work to be done" for Congress in regard to digital assets, referring to the House's bill. The bill would require stablecoins to be fully backed by U.S. dollars or similar liquid assets, mandate annual audits for issuers with more than $50 billion in market capitalization and add language around foreign issuance. The cloture ended an open amendments process. Democrats had sought to add a provision that would prevent President Donald Trump and other elected officials from profiting off stablecoins. "Let me be clear, this did not happen by accident," Senate Banking Committee Chair Tim Scott, R-S.C., said on the Senate floor before the vote. "It happened because we led. To those who said Washington could not act, to those who said Washington could not act, to those who doubted bipartisanship -- let's prove them wrong." Senate Minority Leader Chuck Schumer of New York voted against the bill along with other prominent Democrats. "The GENIUS act attempts to set up some guardrails for buying and selling a type of cryptocurrency, one type called a stablecoin," Sen. Jeff Merkley, D-Ore., said on the Senate floor before his no vote. "Well, we need guardrails that ensure that government officials aren't openly asking people to buy their coins in order to increase their personal profit or their family's profit," he added. "Where are those guardrails in this bill? They're completely, totally absent." Some Democrats were concerned about foreign issuers, anti-money laundering standards, potential corporate issuance of stablecoins and Trump's deepening ties to crypto ventures. Trump and his wife, Melania, launched meme coins days before his inauguration on Jan. 20. His affiliated venture, World Liberty Financial, recently launched its stablecoin. Trump Media is planning to build a multi-billion dollar Bitcoin treasury. And American Bitcoin,a mining firm backed by his sons, Eric Trump and Donald Trump Jr., is planning to go public via a Gryphon merger. "It's extremely unhelpful that we have a president who's involved in this industry, and I would love to ban this activity, but that does not diminish the excellent work of this legislation," Sen. Kirsten Gillibrand, D-N.Y., who approved the measure, said. "It does not diminish the hard work that bipartisan group of senators put into this to make a difference and to write a law that can protect consumers, that can protect our financial services industry, that can protect the strength of the dollar, and that can protect people who would like access to capital." Massachusetts Sen. Elizabeth Warren, who voted against cloture, said: "Through his crypto business, Trump has created an efficient means to trade presidential favors like tariff exemptions, pardons and government appointments for hundreds of millions, perhaps billions of dollars from foreign governments, from billionaires and from large corporations. By passing the GENIUS Act, the Senate is not only about to bless this corruption, but to actively facilitate its expansion."
