Large Cap Ex-Mag 7 ETF
$25.76−0.14 (−0.54%)
- Expense ratio
- 0.35%
- Fund size
- $197M
- 1Y return
- +17.5%
- Yield · Last 12 months
- 0.45%
- Holdings
- 497
- Volume · 30D
- 0.1M sh
- NAV per share
- $25.79
- 52W range
The ETF.net XMAG Grade
Score 61 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 34Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 95Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 74Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 42Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 81Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 51Category rank
Our read on XMAG
BThe large-cap 500 with the seven biggest names cut out. Defiance built XMAG for investors who want broad US exposure without Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta and Tesla setting the tone.
The Fund seeks to track, before fees and expenses, the performance of the BITA US 500 ex-Magnificent 7 Index.
Why people hold it
- Does in one ticker what used to take manual workarounds: roughly 500 large US companies with the Magnificent 7 screened out by index rule.defianceetfs.com
- Defiance launched it in 2024 as the first ETF built around S&P 500-style exposure minus the Mag 7, and it remains the recognizable name in that niche.defianceetfs.com
- Rules-based plumbing: free-float market-cap weights, quarterly rebalances, and tracking that has stayed close to the index.defianceetfs.com
Worth knowing
- At 0.35% a year it runs well above the roughly 0.14% typical of large-cap peers, and cheap core options like SCHX and VV charge 0.03%.
- Leaving out the seven largest companies is a real stance: when megacap tech drives the market, this portfolio simply is not in that part of it.defianceetfs.com
- A 2024 launch means a short live record, and the asset base is modest next to the index giants it sits beside.
XMAG Holdings
- Stocks
- 497
- 19%
- MU
Sectors
- Technology26.4%
- Financials17.9%
- Health Care14.3%
- Industrials11.8%
- Cons. Staples6.9%
- Energy5.5%
- Consumer Discr.5.5%
- Communication3.5%
- Utilities3.0%
- Real Estate2.8%
- Materials2.5%
Geography
- United States96.30%
- Ireland1.63%
- United Kingdom0.73%
- Switzerland0.48%
- Singapore0.44%
- Sweden0.17%
- Australia0.07%
- Cayman Islands0.06%
- 0.11%
XMAG Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | XMAG |
|---|---|
| Year to date | +14.8% |
| 1 month | −1.3% |
| 3 months | +0.6% |
| 1 year | +17.5% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | XMAG |
|---|---|---|
| 2026 YTD | +14.8% | |
| 2025 | +15.6% | |
| 2024 | −1.1% |
XMAG in the news
ETF.net Research hasn’t filed on XMAG yet — coverage lands here as it’s written.
XMAG Dividends
- 0.45%
- $0.12
- $0.12 per share
- Irregular
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Dec 30, 2025 | Dec 31, 2025 | $0.12 |
| Dec 31, 2024 | Jan 3, 2025 | $0.05 |
XMAG Risk
- 12.0%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.06
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −16.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.80
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
XMAG Cost
- The middle half of US Large-Cap funds
- Median 0.20%
17 of the 28 US Large-Cap funds charge less.