XMAG
Defiance Large Cap ex-Mag 7 ETF·NASDAQ
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Key Stats
Assets Under Management
130.04MUSD
Fund Flows (1Y)
96.59MUSD
Dividend Yield
0.20%
Discount/Premium to NAV
0.16%
Shares Outstanding
5.50M
Expense Ratio
0.35%
About Defiance Large Cap ex-Mag 7 ETF
Issuer
Tidal Investments LLC
Brand
Defiance
Home Page
Inception Date
Oct 21, 2024
Structure
Open-Ended Fund
Index Tracked
BITA US 500 ex Magnificent 7 Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Qualified dividends
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
XMAG is passively managed to provide exposure to the stocks similar to the S&P 500 Index, while deselecting the Magnificent 7 Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla. The objective is to provide a more broad, balanced representation of the US equity market as compared to other broad-based index funds. Constituents are selected from the 700 largest stocks, ranked by descending market capitalization. The top 500 are selected, removing the seven stocks named above. Each share class for a stock is considered on a stand-alone basis. Entry and exit buffers are employed for each position to manage turnover and maintain stability of the index. An entry buffer requires a stock to meet more stringent criterion to be added, while exit buffers specify a threshold in which the holding will be sold. Holdings are weighted by free-float market capitalization. The portfolio is reconstituted and rebalanced quarterly.
Classification
Asset Class
Equity
Category
Size and Style
Focus
Large Cap
Niche
Broad-based
Strategy
Vanilla
Geography
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Weighting Scheme
Market Cap
Selection Criteria
Market cap
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | +1.09% | +4.35% | +3.01% | +11.76% | +16.57% | +16.57% |
NAV Total Return | +0.68% | +3.22% | +1.46% | +10.58% | +0.03% | +0.03% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
Technology
22.33%
Financial Services
18.71%
Healthcare
14.36%
Industrials
12.31%
Consumer Defensive
7.75%
Consumer Cyclical
6.79%
Energy
5.00%
Communication Services
4.05%
Utilities
3.31%
Technology
22.33%
Financial Services
18.71%
Healthcare
14.36%
Industrials
12.31%
Consumer Defensive
7.75%
Consumer Cyclical
6.79%
Energy
5.00%
Communication Services
4.05%
Utilities
3.31%
Show more
Asset
Region
99.12%
0.49%
0.28%
0.11%
Category
Ratio
North America
99.12%
Europe
0.49%
Asia
0.28%
Africa/Middle East
0.11%
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
AVGO
Broadcom
3.68%
LLY
Eli Lilly
2.21%
JPM
Jpmorgan Chase
2.16%
BRK.B
Berkshire Hathaway B
1.75%
XOM
Exxon Mobil
1.57%
JNJ
Johnson & Johnson
1.46%
V
Visa
1.42%
WMT
Walmart
1.41%
MA
Mastercard
1.15%
COST
Costco Wholesale
1.11%
Top 10 Weight 17.92%
494 Total Holdings
Is SPY better than XMAG?
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2024-12-31 | 2024-12-31 | 2025-01-03 | 0.047 |
How Much Does XMAG Pay in Dividends?
Premium/Discount Chart
Assets Under Management
Should I buy XMAG?
Fund Flows
