XMAG vs. SPY
Compare and contrast key facts about Defiance Large Cap ex-Mag 7 ETF (XMAG) and SPDR S&P 500 ETF (SPY).
XMAG and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both XMAG and SPY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XMAG or SPY.
Correlation
The correlation between XMAG and SPY is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
XMAG vs. SPY - Performance Comparison
Key characteristics
XMAG:
20.84%
SPY:
20.06%
XMAG:
-16.17%
SPY:
-55.19%
XMAG:
-5.60%
SPY:
-7.25%
Returns By Period
In the year-to-date period, XMAG achieves a 0.89% return, which is significantly higher than SPY's -3.01% return.
XMAG
0.89%
-0.02%
1.50%
N/A
N/A
N/A
SPY
-3.01%
0.40%
-0.12%
13.65%
16.65%
12.45%
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XMAG vs. SPY - Expense Ratio Comparison
XMAG has a 0.35% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
XMAG vs. SPY — Risk-Adjusted Performance Rank
XMAG
SPY
XMAG vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Large Cap ex-Mag 7 ETF (XMAG) and SPDR S&P 500 ETF (SPY). 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.
Not enough dataDividends
XMAG vs. SPY - Dividend Comparison
XMAG's dividend yield for the trailing twelve months is around 0.24%, less than SPY's 1.26% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XMAG Defiance Large Cap ex-Mag 7 ETF | 0.24% | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.26% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
XMAG vs. SPY - Drawdown Comparison
The maximum XMAG drawdown since its inception was -16.17%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for XMAG and SPY. For additional features, visit the drawdowns tool.
Volatility
XMAG vs. SPY - Volatility Comparison
The current volatility for Defiance Large Cap ex-Mag 7 ETF (XMAG) is 12.54%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.07%. This indicates that XMAG experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.