Cloaks

"Though Demon Hunters can shoulder heavy mail like any other warrior with an eye towards survival, their acrobatic movements incline them towards lighter gear. Cloaks provide chest protection without trumping mobility."

- Game Guide^(src)

Cloaks are a special type of Body Armor in Diablo III that can only be used by Demon Hunters. 

Contrary to the lore entry, Cloaks offer exactly as much protection as any other Chest Armor. However, in addition to the stats of those, they can also roll Hatred regeneration and maximum Discipline.

A Cloak may be transmogrified into a normal Chest Armor, but not vice versa.

See also

Class-specific Items

Diablo II: Amazon Weapons • Assassin Katars • Barbarian Helms • Druid Pelts • Necromancer Shrunken Heads • Paladin Shields • Sorceress Orbs
Diablo III: Barbarian Mighty Weapons (2-Handed) • Barbarian Belts • Crusader Flails (2-Handed) • Crusader Shields • Demon Hunter Cloaks • Demon Hunter Crossbows • Demon Hunter Quivers • Monk Fist Weapons • Monk Daibo • Monk Spirit Stones • Necromancer Phylacteries • Necromancer Scythes (2-Handed) • Witch Doctor Knives • Witch Doctor Mojo • Witch Doctor Masks • Wizard Hats • Wizard Sources • Wizard Wands