XMAG
Defiance Large Cap ex-Mag 7 ETF
Distribution Rate *
-%
Payable As of —
Distribution Frequency
Monthly
30-Day SEC Yield **
As of —
-%
XMAG: The First ETF Offering Exposure to the S&P 500 Excluding the “Magnificent 7” Tech Giants
About the Fund
XMAG, the first ETF designed to provide investors with exposure to the S&P 500, excluding the “Magnificent 7” (Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla). XMAG offers a unique opportunity for investors to access the broader market while reducing concentration risk in these dominant tech stocks.
About the Index
The BITA US 500 ex Magnificent 7 Index aims to provide a comprehensive and balanced representation of the U.S. equity market by including the largest 500 publicly traded securities, while specifically excluding the seven largest technology giants commonly referred to as the “Magnificent 7.”
This approach seeks more diversified exposure, aiming to mitigate the overconcentration risks associated with the market’s most dominant firms.
The index constituents are weighted based on free-float market capitalization and rebalanced quarterly. Index values are disseminated on an end-of-day basis.
● Weighting Mechanism: Free-Float Market Capitalization
● Rebalancing Frequency: Quarterly
Fund Details
Data as of 05/13/2025
Net Assets
$35.43M
Premium/discount
0.10%
NAV
$20.25
Closing Price
$20.27
Shares Outstanding
1,750,000
Median 30 Day Spread
0.21%
Fund inception
10/21/2024
Ticker
XMAG
Primary Exchange
NASDAQ
CUSIP
88636R743
Fund Holdings
495
NAV Symbol
XMAG.NV
Expense Ratio
0.35%
30 Day SEC Yield*
1.44%
* Yield as of 04-30-2025
XMAGMarket Price
Performance
| YTD | 1 Month | 3 Months | 6 Months | Since Inception | |
|---|---|---|---|---|---|
| Total Return NAV (%) | -0.28% | -0.65% | -4.77% | 0.31% | -2.19% |
| Market Price (%) | -0.46% | -0.86% | -4.87% | 0.19% | -% |
| 1 Year | 3 Years | 5 Years | Since Inception | |
|---|---|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% |
| YTD | 1 Month | 3 Months | 6 Months | Since Inception | |
|---|---|---|---|---|---|
| Total Return NAV (%) | 0.36% | -4.29% | 0.36% | xx.xx% | -1.55% |
| Market Price (%) | 0.41% | -4.09% | 0.41% | xx.xx% | -% |
| 1 Year | 3 Years | 5 Years | Since Inception | |
|---|---|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% |
| YTD | 1 Month | 3 Months | 6 Months | Since Inception | |
|---|---|---|---|---|---|
| Total Return NAV (%) | 4.87% | 0.14% | -0.68% | xx.xx% | 2.86% |
| Market Price (%) | 4.69% | 0.05% | -0.78% | xx.xx% | -% |
| 1 Year | 3 Years | 5 Years | Since Inception | |
|---|---|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% |
| YTD | 1 Month | 3 Months | 6 Months | Since Inception | |
|---|---|---|---|---|---|
| Total Return NAV (%) | 4.71% | 4.71% | 5.34% | xx.xx% | 2.71% |
| Market Price (%) | 4.64% | 4.64% | 5.32% | xx.xx% | -% |
| 1 Year | 3 Years | 5 Years | Since Inception | |
|---|---|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% |
| YTD | 1 Month | 3 Months | 6 Months | Since Inception | |
|---|---|---|---|---|---|
| Total Return NAV (%) | xx.xx% | -5.29% | xx.xx% | xx.xx% | -1.91% |
| Market Price (%) | xx.xx% | -5.22% | xx.xx% | xx.xx% | -% |
| 1 Year | 3 Years | 5 Years | Since Inception | |
|---|---|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% |
| YTD | 1 Month | 3 Months | 6 Months | Since Inception | |
|---|---|---|---|---|---|
| Total Return NAV (%) | xx.xx% | 6.21% | xx.xx% | xx.xx% | 3.57% |
| Market Price (%) | xx.xx% | 6.19% | xx.xx% | xx.xx% | -% |
| 1 Year | 3 Years | 5 Years | Since Inception | |
|---|---|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% |
| YTD | 1 Month | 3 Months | 6 Months | Since Inception | |
|---|---|---|---|---|---|
| Total Return NAV (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% | -2.49% |
| Market Price (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% | -% |
| 1 Year | 3 Years | 5 Years | Since Inception | |
|---|---|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% |
| 2024 | |
|---|---|
| Total Return NAV(%) | xx.xx% |
| Market Price (%) | xx.xx% |
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling 833.333.9383.
Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns.
Market price is the price at which shares in the ETF can be brought or sold on the exchanges during trading hours, while the net asset value (NAV) represents the value of each share’s portion of the fund’s underlying assets and cash at the end of the trading day.
Top Holdings
| Name | Symbol | Stock price | % Net assets | Shares Held | Market Value |
|---|---|---|---|---|---|
| Broadcom Inc | AVGO | $232.12 | 3.04% | 4,620 | $1,072,394 |
| Jpmorgan Chase & Co. | JPM | $265.64 | 2.14% | 2,835 | $753,089 |
| Berkshire Hathaway Inc | BRK/B | $503.40 | 1.94% | 1,361 | $685,127 |
| Eli Lilly & Co | LLY | $715.56 | 1.78% | 875 | $626,115 |
| Visa Inc | V | $356.46 | 1.76% | 1,745 | $622,023 |
| Netflix Inc | NFLX | $1.00 | 1.42% | 435 | $500,681 |
| Mastercard Inc | MA | $573.28 | 1.33% | 820 | $470,090 |
| Exxon Mobil Corp | XOM | $107.49 | 1.33% | 4,363 | $468,979 |
| Costco Wholesale Corp | COST | $991.54 | 1.25% | 444 | $440,244 |
| Walmart Inc | WMT | $96.83 | 1.24% | 4,521 | $437,768 |
Data as of 05/15/2025. Fund holdings are subject to change at any time and should not be considered recommendations to buy or sell any security.
View full holdings
Distributions
| Declaration Date | Ex-Div Date | Record Date | Payable Date | Amount ($) | |
|---|---|---|---|---|---|
| — | — | — | — | — |
| Distribution Rate *
Payable As of — |
-% |
| Distribution Frequency | Monthly |
| 30-Day SEC Yield ** As of — |
-% |
