Defiance Large Cap ex-Mag 7 ETF
Key Statistics
Historical Performance
Total return including reinvested distributions, from adjusted closing prices.
Price History
Price history is being compiled for this fund.
Top Holdings
Top 25 holdings as of Feb 28, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About XMAG
TheFund is an exchange-traded fund (“ETF”) that uses a “passive management” (or indexing) approach to trackthe performance, before fees and expenses, of the Index. The Index aims to provide a comprehensive and balanced representationof the U.S. equity market by including the largest 500 publicly traded equity securities, while specifically excluding the sevenlargest technology companies commonly referred to as the “Magnificent 7” (“Mag 7”) (as listed below).The Index is owned, calculated, administered, and disseminated by BITA GmbH (“Index Provider”). TheIndex I. Eligible Universe TheIndex is rules-based. Construction of the Index begins with the eligible universe of securities which is determined based on thefollowing criteria: 1. Exchange Requirement: Only securities listed on the New York Stock Exchange or NASDAQ Stock Market are eligible. 2. Security Considerations: Only ordinary shares (e.g., common stock) are eligible. 3. Average Daily Traded Value: Securities with a three-month average daily traded value of less than USD 1,000,000 are excluded. 4. Size Requirements: Only the 700 largest securities by market capitalization are eligible. II. Constituent Selection Allsecurities in the eligible universe are then ranked by free float market capitalization in descending order. The top 500 securitiesare selected for possible inclusion in the Index, subject to the observation of entry and exit buffers. The entry and exit buffersare rules that help reduce turnover and maintain stability in the Index. The entry buffer requires a security to meet a more stringentcriterion to be added to the Index, while the exit buffer ensures a security is removed only if it falls below a specific threshold.In the case of a tie at the same ranking position, the security with the highest 3-month average daily traded value is rankedhigher. Allshare classes of a company are included in the Index as long as they qualify for membership on a stand-alone basis. Each shareclass is considered a separate constituent. This means that if a company has two classes of shares that both qualify, both willbe included and considered separately in the index calculations and weightings. III. Exclusion Afterselecting the constituents, any of the following securities, commonly known as the “Magnificent 7,” will be excluded: Name Ticker Alphabet Inc. “Class A” GOOGL Alphabet Inc. “Class C” GOOG Amazon.com Inc. AMZN Apple Inc. AAPL Meta Platforms Inc. META Microsoft Corp. MSFT Nvidia Corp. NVDA Tesla Inc. TSLA III. Weighting Finalconstituents are weighted according to their free-float market capitalization. IV. Rebalancing TheIndex is reconstituted and rebalanced quarterly in March, June, September, and December at the close of business on the 3rdFriday of the rebalancing month after market close, with such rebalancing based on constituent data as of the close of businesson the 1st Friday of such month. TheFund’s Investment Strategy TheFund invests all, or substantially all, of its assets in the component securities that make up the Index. The Fund’s portfoliois reconstituted and rebalanced in accordance with the Index’s reconstitution and rebalancingschedule. Undernormal circumstances, at least 80% of the Fund’s net assets, plus borrowings for investment purposes, is invested in equitysecurities of large-cap companies. The Fund defines a large-cap company as a company with a market capitalization in excess of$10 billion. TheFund will generally use a “replication” strategy to achieve its investment objective, meaning it generally will investin all of the Index components. However, the Fund may use a “representative sampling” strategy, meaning it may investin a sample of the securities in the Index whose risk, return and other characteristics closely resemble the risk, return andother characteristics of the Index as a whole, when the Adviser believes it is in the best interests of the Fund (e.g., when replicatingthe Index involves practical difficulties or substantial costs, an Index constituent becomes temporarily illiquid, unavailable,or less liquid, or as a result of legal restrictions or limitations that apply to the Fund but not to the Index). The Fund willconcentrate its investments (invest more than 25% of its assets) in the securities of a particular industry or group of relatedindustries to the same extent as the Index. TheFund may invest in securities or other investments not included in the Index, but which the Adviser believes will help the Fundtrack the Index. For example, the Fund may invest in securities that are not components of the Index to reflect various corporateactions and other changes to the Index (such as reconstitutions, additions, and deletions).
XMAG News
- Behavioral Patterns of XMAG and Institutional Flows
- XMAG Is Outperforming the S&P 500 in 2026 as the Magnificent Seven Stall
- XMAG Is Outperforming the S&P 500 in 2026 as the Magnificent Seven Stall
- Defiance Large Cap ex-Mag 7 ETF (NASDAQ:XMAG) Shares Up 0.6% – Here’s What Happened
- Trading the Move, Not the Narrative: (XMAG) Edition
- (XMAG) Volatility Zones as Tactical Triggers
- Defiance Large Cap ex-Mag 7 ETF (NASDAQ:XMAG) Stock Price Up 1.1% – Time to Buy?
- If You Hate (Or Love) The ‘Mag 7’ There Is An ETF To Profit
- XMAG vs. MAGS: Betting Against or All-In on the Magnificent 7?
Data for XMAG is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.