- CUSIP
- 88636R743
- Issuer
- Defiance
- Inception Date
- Oct 21, 2024
- Region
- North America (U.S.)
- Category
- Large Cap Blend Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- BITA US 500 ex Magnificent 7 Index
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $142M
Share Price Chart
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Performance
XMAG Performance Chart
Defiance Large Cap ex-Mag 7 ETF (XMAG) is up 14.1% since the beginning of the year. XMAG is currently trading at $26 per share.
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Returns By Period
Defiance Large Cap ex-Mag 7 ETF (XMAG) has returned 14.08% so far this year and 26.46% over the past 12 months.
Defiance Large Cap ex-Mag 7 ETF
- 1D
- 0.37%
- 1M
- 4.21%
- YTD
- 14.08%
- 6M
- 13.61%
- 1Y
- 26.46%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
XMAG Monthly Returns History
Based on dividend-adjusted daily data since Oct 22, 2024, XMAG's average daily return is +0.07%, while the average monthly return is +1.31%. At this rate, an investment would double in approximately 4.4 years.
Historically, 76% of months were positive and 24% were negative. The best month was Apr 2026 with a return of +7.9%, while the worst month was Dec 2024 at -5.2%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 2 months.
On a daily basis, XMAG closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +7.8%, while the worst single day was Apr 4, 2025 at -6.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.57% | 1.91% | -4.91% | 7.94% | 4.68% | 2.58% | 14.08% | ||||||
| 2025 | 4.64% | 0.05% | -4.09% | -0.86% | 4.25% | 4.17% | 0.04% | 2.17% | 2.18% | 0.87% | 1.19% | 0.34% | 15.63% |
| 2024 | -2.15% | 6.19% | -5.22% | -1.52% |
Benchmark Metrics
Defiance Large Cap ex-Mag 7 ETF has an annualized alpha of 3.50%, beta of 0.84, and R2 of 0.87 versus S&P 500 Index. Calculated based on daily prices since October 22, 2024.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (83.30%) than losses (64.71%) - typical of diversified or defensive assets.
- This ETF generated an annualized alpha of 3.50% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Alpha
- 3.50%
- Beta
- 0.84
- R²
- 0.87
- Upside Capture
- 83.30%
- Downside Capture
- 64.71%
Expense Ratio
XMAG has an expense ratio of 0.35%, placing it in the medium range.
Return for Risk
Risk / Return Rank
XMAG ranks 75 for risk / return — better than 75% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Defiance Large Cap ex-Mag 7 ETF (XMAG) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XMAG | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.26 | ||
| Sortino ratioReturn per unit of downside risk | +0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.37 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.65 | 2.78 | +0.86 |
| Martin ratioReturn relative to average drawdown | 16.05 | 12.44 | +3.61 |
Dividends
Dividend History
Defiance Large Cap ex-Mag 7 ETF provided a 0.45% dividend yield over the last twelve months, with an annual payout of $0.12 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $0.12 | $0.12 | $0.05 |
Dividend yield | 0.45% | 0.51% | 0.24% |
Monthly Dividends
The table displays the monthly dividend distributions for Defiance Large Cap ex-Mag 7 ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.12 |
| 2024 | $0.05 | $0.05 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Defiance Large Cap ex-Mag 7 ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Defiance Large Cap ex-Mag 7 ETF was 16.17%, occurring on Apr 8, 2025. Recovery took 55 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -16.17%Apr 2025 | 1mo 17d | 2mo 20d | 4mo 7dFeb 2025 - Jun 2025 |
2026 pullback2026 | -7.29%Mar 2026 | 28d | 15d | 1mo 13dMar 2026 - Apr 2026 |
2024 pullback2024 | -6.06%Dec 2024 | 17d | 1mo 18d | 2mo 5dDec 2024 - Feb 2025 |
2025 pullback2025 | -4.70%Nov 2025 | 23d | 15d | 1mo 8dOct 2025 - Dec 2025 |
2026 pullback2026 | -2.93%Jun 2026 | 6d | 5d | 11dJun 2026 - Jun 2026 |
Drawdown Indicators
| XMAG | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.17% | -56.78% | +40.61% |
Max Drawdown (1Y)Largest decline over 1 year | -7.29% | -9.10% | +1.81% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -2.09% | -10.71% | +8.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.65% | 2.03% | -0.38% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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