Does the HACK ETF pay dividends?

HACK is a high-growth ETF. But does it pay dividends?

| More on:
A man with a beard and wearing dark sunglasses and a beanie head covering raises a fist in happy celebration as he sits at is computer in a home environment.

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Key points

  • HACK is an ASX ETF covering global cybersecurity shares
  • This fund has delivered some impressive returns in recent years
  • The good news is HACK also pays dividends

The BetaShares Global Cybersecurity ETF (ASX: HACK) is not among the most popular exchange traded funds (ETFs) on the ASX. But it has certainly drawn some eyeballs in recent years, thanks in part to some impressive performance metrics.

This ETF, which, as its name implies, covers a basket of cybersecurity companies from around the world, has been impressive, no way around it. As of 30 June, the HACK ETF has averaged an annual average return of 16.38% over the past five years. That's despite it taking a 19.08% haircut over the first six months of 2022.

HACK has been able to achieve these kinds of turns by holding companies that have proven to be winners over the past few years. These include US cybersecurity companies like CrowdStrike Holdings Inc, Zscaler Inc, Okta Inc, and Palo Alto Networks Inc. But HACK also holds companies hailing from countries as diverse as Israel, France, India, and South Korea.

So we know that the HACK ETF has been able to give investors some impressive capital gains over recent years. But what of dividend income? Does the BetaSahres Global Cybersecurity ETF pay dividend distributions?

Does the BetaShares Global Cybersecurity ETF pay dividend income?

Yes, it does. Like many ASX ETFs, the HACK ETF tends to pay out a dividend distribution every 12 months. Thus, investors have only received one distribution over the past year. That was the 68.075 cents per unit payment that investors received on 18 July.

This distribution was a lot weightier than the 29.481 cents per unit payment investors enjoyed back in July 2021.

On the current HACK unit price of $8.33 (at the time of writing), this latest payment gives this ETF a rather hefty trailing dividend distribution yield of 8.17%.

So all in all, investors have enjoyed both capital gains and dividend income from the HACK ETF in recent years. No doubt investors will hope these kinds of returns keep flowing in the years ahead. But we shall have to wait and see what happens.

The BetaShares Global Cybersecurity ETF charges a management fee of 0.67% per annum.

Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended BETA CYBER ETF UNITS and CrowdStrike Holdings, Inc. The Motley Fool Australia has positions in and has recommended BETA CYBER ETF UNITS. The Motley Fool Australia has recommended CrowdStrike Holdings, Inc. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on ETFs

asx share price boosted by us investment represented by hand waving US flag across winning athlete
ETFs

Which ASX ETFs give Aussie investors access to US stocks?

We canvas some options to help you get your research started.

Read more »

Man holding Australian dollar notes, symbolising dividends.
ETFs

Want the latest dividend from the Vanguard Australia Shares ETF (VAS)? Here's what you have to do

If you want to bag the latest VAS dividend, here's what you need to do.

Read more »

Man holding out Australian dollar notes, symbolising dividends.
ETFs

Why these ASX income ETFs could be top options

Here's how investors can use ETFs to generate income.

Read more »

ETF written on cubes sitting on piles of coins.
ETFs

2 rewarding ASX ETFs I'd buy to build a second income

There are a few different ETFs that can provide good dividends. Here are two.

Read more »

A young man wearing glasses writes down his stock picks in his living room.
ETFs

The pros and cons of buying the iShares S&P 500 ETF (IVV) right now

It’s important to ask the question of whether it’s a good time to buy.

Read more »

A graphic illustration with the words NASDAQ atop a US city and currency
ETFs

How much would I have now if I'd invested $10,000 in the BetaShares Nasdaq 100 ETF (NDQ) a year ago?

Was it a good idea to buy this ETF a year ago?

Read more »

young man smiling in blue shirt
ETFs

Invest $500 in these outstanding ASX ETFs

Could these ETFs deliver the goods for investors over the long term?

Read more »

A group of young ASX investors sitting around a laptop with an older lady standing behind them explaining how investing works.
ETFs

Buy and hold these ASX ETFs until 2034

These ETFs could be great long-term options. Let's see why.

Read more »