Defiance Large Cap ex-Mag 7 ETF (XMAG)

NASDAQ: XMAG · Real-Time Price · USD
20.13
+0.04 (0.22%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.22%
Assets $7.04M
Expense Ratio 0.35%
PE Ratio n/a
Shares Out 350,000
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date n/a
Payout Ratio n/a
1-Year Return n/a
Volume 10,210
Open 20.09
Previous Close 20.09
Day's Range 20.02 - 20.15
52-Week Low 19.45
52-Week High 20.87
Beta n/a
Holdings n/a
Inception Date Oct 21, 2024

About XMAG

Fund Home Page

The Defiance Large Cap ex-Mag 7 ETF (XMAG) is an exchange-traded fund that is based on the BITA US 500 ex-Magnificent 7 index. The fund tracks an index that provides exposure to large-cap stocks in the US, excluding the seven largest technology stocks. The strategy aims to mitigate the overconcentration and volatility of a select few stocks XMAG was launched on Oct 21, 2024 and is issued by Defiance.

Asset Class Equity
Category Large Blend
Stock Exchange NASDAQ
Ticker Symbol XMAG
ETF Provider Defiance
Index Tracked BITA US 500 ex-Magnificent 7 Index

News

The ETF Boom: What's In Store For 2025​​

This year tracks as a record for ETF launches among US issuers. Investors have demanded high-yield, protection, and crypto-related funds in 2024. New strategies emerge, including innovations in the ta...

Other symbols: MAGSXLU
14 days ago - Seeking Alpha

"Time to Explore Allocating" Outside Mag 7

Sylvia Jablonski with Defiance ETFs discusses the Defiance Large Cap ex-Mag 7 ETF. She labels the ETF as a way to trade with all S&P 500 names, minus the Mag 7.

16 days ago - Schwab Network

Desperate to Diversify: Concentration Risks Creep Higher

Earnings season is in full swing, and five of the “Magnificent 7” are reporting quarterly results this week. Wall Street has been steadily raising the alarm on mega-cap concentration risks, and recent...

21 days ago - ETF Trends

Defiance ETFs CEO on investing without the 'Magnificent 7'

Sylvia Jablonski, CEO of Defiance ETFs sits down with CNBC's Bob Pisani on ‘Halftime Report' to discuss the firm's latest product and the case for investing beyond the Magnificent 7.

26 days ago - CNBC Television

Ways to target – or avoid — Big Tech and megacap stocks via ETFs amid AI frenzy

“The shape of the U.S. equity market has undergone a massive change over just the last few years,” says BlackRock's Rachel Aguirre.

27 days ago - Market Watch

Defiance Launches XMAG The First ETF Offering Exposure to the S&P 500 Excluding the “Magnificent 7” Tech Giants

MIAMI, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Defiance, a leading innovator in exchange-traded funds (ETFs), today announces the launch of the Defiance Large Cap Ex-Magnificent Seven ETF (XMAG). The ETF wi...

4 weeks ago - GlobeNewsWire

This ETF Has Every Stock in the S&P 500 Except the Mag 7

There are hundreds of other stocks in the index. Some of them have been rocking it, too.

4 weeks ago - Barrons