Defiance Large Cap ex-Mag 7 ETF

XMAG

Market cap $139M

Defiance Large Cap ex-Mag 7 ETF earns a "Buy" rating for its diversification and relative strength over the past several months. XMAG offers exposure to the S&P 500 excluding the Magnificent 7, reducing concentration risk and providing a more balanced sector allocation. Valuation is reasonable at a 20.4x P/E and a PEG just under 2.0x, with a 1.5% dividend yield and improving technicals.

MIAMI, Jan. 08, 2026 (GLOBE NEWSWIRE) -- Defiance ETFs today announced that the Defiance Large Cap Ex-Magnificent Seven ETF (XMAG) has surpassed $100 million in assets under management, marking a significant milestone since the fund's launch in October 2024. XMAG is designed to provide investors with exposure to the S&P 500 while excluding the “Magnificent Seven” technology companies: Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla.

Debuting in tandem with the BITA US 500 ex-Magnificent 7 Index to be its ETF correspondent, The Defiance Large Cap ex-Mag 7 ETF has barely been in operation for a year, but has posted some impressive results to date. Surprisingly, instead of the anticipated 7%, the ETF itself is boasting 13.54% YTD return.

The S&P 500 has enjoyed another respectable year of gains, now up just north of 15% year to date despite the bout of November volatility.

The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.

MIAMI, March 27, 2025 (GLOBE NEWSWIRE) -- Defiance ETFs, a trailblazer in innovative exchange-traded funds, is proud to spotlight the strong performance of the Defiance Large Cap Ex-Magnificent Seven ETF (XMAG), which has outpaced the S&P 500 in 2025 as the so-called “Magnificent 7” tech giants—Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla—face a significant downturn. Launched in October 2024, XMAG has quickly emerged as a game-changing tool for investors seeking to diversify and manage concentration risk in a market rattled by the Mag 7 crash.

Earnings season is in full swing. This first round right out of the gate may well set the tone for markets in 2025.

In the vaguest of senses, investing $1,000 in the benchmark S&P 500 stock market index at the very start of 2024 would have, by the year's end, proven a wildly profitable maneuver. Indeed, a January 2 investment would have, by December 31, appreciated 23.31% to a hefty $1,233.10.

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 tax space, as the ETF universe expands.

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.