HIMZ vs. XMAG

Last updated Apr 1, 2026

Compare and contrast key facts about Defiance Daily Target 2X Long HIMS ETF (HIMZ) and Defiance Large Cap ex-Mag 7 ETF (XMAG).

HIMZ and XMAG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HIMZ is an actively managed fund by Defiance. It was launched on Mar 12, 2025. XMAG is a passively managed fund by Defiance that tracks the performance of the BITA US 500 ex Magnificent 7 Index. It was launched on Oct 21, 2024.

Performance

HIMZ vs. XMAG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Daily Target 2X Long HIMS ETF (HIMZ) and Defiance Large Cap ex-Mag 7 ETF (XMAG). The values are adjusted to include any dividend payments, if applicable.

HIMZ vs. XMAG - Yearly Performance Comparison

	2026 (YTD)	2025
HIMZ Defiance Daily Target 2X Long HIMS ETF	-71.55%	-65.21%
XMAG Defiance Large Cap ex-Mag 7 ETF	-1.56%	18.34%

Returns By Period

In the year-to-date period, HIMZ achieves a -71.55% return, which is significantly lower than XMAG's -1.56% return.

HIMZ

• 1D: 21.95%
• 1M: 69.46%
• YTD: -71.55%
• 6M: -92.53%
• 1Y: -88.06%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XMAG

• 1D: 2.57%
• 1M: -4.91%
• YTD: -1.56%
• 6M: 0.82%
• 1Y: 13.36%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HIMZ vs. XMAG - Expense Ratio Comparison

HIMZ has a 1.31% expense ratio, which is higher than XMAG's 0.35% expense ratio.

HIMZ

Defiance Daily Target 2X Long HIMS ETF

XMAG

Defiance Large Cap ex-Mag 7 ETF

Return for Risk

HIMZ vs. XMAG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HIMZ

HIMZ Risk / Return Rank: 5
HIMZ Sharpe Ratio Rank: 5
HIMZ Sortino Ratio Rank: 10
HIMZ Omega Ratio Rank: 10
HIMZ Calmar Ratio Rank: 0
HIMZ Martin Ratio Rank: 2

XMAG

XMAG Risk / Return Rank: 54
XMAG Sharpe Ratio Rank: 48
XMAG Sortino Ratio Rank: 49
XMAG Omega Ratio Rank: 51
XMAG Calmar Ratio Rank: 55
XMAG Martin Ratio Rank: 67

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HIMZ vs. XMAG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long HIMS ETF (HIMZ) and Defiance Large Cap ex-Mag 7 ETF (XMAG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	HIMZ	XMAG	Difference
Sharpe ratio Return per unit of total volatility	-0.43	0.82	-1.26
Sortino ratio Return per unit of downside risk	0.02	1.25	-1.23
Omega ratio Gain probability vs. loss probability	1.00	1.18	-0.18
Calmar ratio Return relative to maximum drawdown	-0.89	1.29	-2.18
Martin ratio Return relative to average drawdown	-1.25	6.26	-7.51
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HIMZ vs. XMAG - Sharpe Ratio Comparison

The current HIMZ Sharpe Ratio is -0.43, which is lower than the XMAG Sharpe Ratio of 0.82. The chart below compares the historical Sharpe Ratios of HIMZ and XMAG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HIMZ	XMAG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.43	0.82	-1.26
Sharpe Ratio (All Time) Calculated using the full available price history	-0.44	0.53	-0.97

Correlation

The correlation between HIMZ and XMAG is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

HIMZ vs. XMAG - Dividend Comparison

HIMZ's dividend yield for the trailing twelve months is around 8.59%, more than XMAG's 0.52% yield.

	TTM	2025	2024
HIMZ Defiance Daily Target 2X Long HIMS ETF	8.59%	2.44%	0.00%
XMAG Defiance Large Cap ex-Mag 7 ETF	0.52%	0.51%	0.24%

Drawdowns

HIMZ vs. XMAG - Drawdown Comparison

The maximum HIMZ drawdown since its inception was -98.18%, which is greater than XMAG's maximum drawdown of -16.17%. Use the drawdown chart below to compare losses from any high point for HIMZ and XMAG.

Drawdown Indicators

	HIMZ	XMAG	Difference
Max Drawdown Largest peak-to-trough decline	-98.18%	-16.17%	-82.01%
Max Drawdown (1Y) Largest decline over 1 year	-98.18%	-11.21%	-86.97%
Current Drawdown Current decline from peak	-96.91%	-4.91%	-92.00%
Average Drawdown Average peak-to-trough decline	-64.39%	-2.30%	-62.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	70.45%	2.31%	+68.14%

Volatility

HIMZ vs. XMAG - Volatility Comparison

Defiance Daily Target 2X Long HIMS ETF (HIMZ) has a higher volatility of 79.45% compared to Defiance Large Cap ex-Mag 7 ETF (XMAG) at 4.64%. This indicates that HIMZ's price experiences larger fluctuations and is considered to be riskier than XMAG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HIMZ	XMAG	Difference
Volatility (1M) Calculated over the trailing 1-month period	79.45%	4.64%	+74.81%
Volatility (6M) Calculated over the trailing 6-month period	127.80%	8.70%	+119.10%
Volatility (1Y) Calculated over the trailing 1-year period	203.42%	16.35%	+187.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	203.86%	15.48%	+188.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	203.86%	15.48%	+188.38%