XMAG vs. TOPT
Compare and contrast key facts about Defiance Large Cap ex-Mag 7 ETF (XMAG) and iShares Top 20 U.S. Stocks ETF (TOPT).
XMAG and TOPT 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. TOPT is a passively managed fund by iShares that tracks the performance of the S&P 500 Top 20 Select Index. It was launched on Nov 23, 2024. Both XMAG and TOPT 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 TOPT.
Correlation
The correlation between XMAG and TOPT is 0.88, 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. TOPT - Performance Comparison
Key characteristics
XMAG:
20.84%
TOPT:
28.34%
XMAG:
-16.17%
TOPT:
-21.21%
XMAG:
-5.60%
TOPT:
-8.87%
Returns By Period
In the year-to-date period, XMAG achieves a 0.89% return, which is significantly higher than TOPT's -5.58% return.
XMAG
0.89%
4.07%
1.50%
N/A
N/A
N/A
TOPT
-5.58%
7.43%
1.04%
N/A
N/A
N/A
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XMAG vs. TOPT - Expense Ratio Comparison
XMAG has a 0.35% expense ratio, which is higher than TOPT's 0.20% expense ratio.
Risk-Adjusted Performance
XMAG vs. TOPT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Large Cap ex-Mag 7 ETF (XMAG) and iShares Top 20 U.S. Stocks ETF (TOPT). 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. TOPT - Dividend Comparison
XMAG's dividend yield for the trailing twelve months is around 0.24%, more than TOPT's 0.18% yield.
| TTM | 2024 | |
|---|---|---|
XMAG Defiance Large Cap ex-Mag 7 ETF | 0.24% | 0.24% |
TOPT iShares Top 20 U.S. Stocks ETF | 0.18% | 0.08% |
Drawdowns
XMAG vs. TOPT - Drawdown Comparison
The maximum XMAG drawdown since its inception was -16.17%, smaller than the maximum TOPT drawdown of -21.21%. Use the drawdown chart below to compare losses from any high point for XMAG and TOPT. For additional features, visit the drawdowns tool.
Volatility
XMAG vs. TOPT - Volatility Comparison
The current volatility for Defiance Large Cap ex-Mag 7 ETF (XMAG) is 12.54%, while iShares Top 20 U.S. Stocks ETF (TOPT) has a volatility of 15.70%. This indicates that XMAG experiences smaller price fluctuations and is considered to be less risky than TOPT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.