Defiance Large Cap ex-Mag 7 ETF (XMAG)Large Blend | Exchange Traded Fund | NasdaqGM
25.57 USD
-0.09
(-0.351%) ⇩
(July 15, 2026, 10:18 a.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 2:50 a.m. EDT
This ETF is currently acting as a tactical hedge against the concentration risk of the 'Magnificent 7,' yet it lacks the explosive momentum to be a primary offensive play right now. The recent price action shows a slight uptick, trading above its 50-day average, which suggests some buyers are stepping in to catch the 'other 493' stocks as the market rotates away from mega-cap tech fatigue. However, the short-term outlook remains cautious; the options market is not screaming for a breakout, with volume and open interest remaining sparse outside of standard hedging levels. The statistical forecast offers only a modest upward lean, confirming that while the trend might be gently positive, there is no strong conviction driving a rapid surge. For investors, this is a solid defensive position to hold if you fear a correction in the top seven, but it is unlikely to generate significant alpha in the immediate weeks ahead without a broader market shift. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.054367 |
| MSTL | 0.057207 |
| MSTL_86 | 0.061552 |
| AutoARIMA | 0.061713 |
| AutoETS | 0.061714 |
Forecast horizon: 60 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 54% |
| H-stat | 12.06 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.098 |
| Excess Kurtosis | -1.34 |
| Attribute | Value |
|---|---|
| Trailing P/E | 25.58 |
As of July 11, 2026, 2:50 a.m. EDT: Speculator positioning is mixed and thin. Near-term expirations show negligible open interest, suggesting a lack of immediate directional bets. However, the September and December strikes reveal a distinct defensive posture: significant put open interest sits at lower strikes (23.0), while call open interest clusters around the current price (26.0-27.0). This distribution indicates traders are hedging against a drop to the downside while maintaining a neutral stance on a breakout above current levels.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.51% | 0.51% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-30 | 0.116 | 0.511689 |
| 2024-12-31 | 0.047 | 0.239551 |
| Attribute | Value |
|---|---|
| All Time High | 26.1 |
| All Time Low | 17.07 |
| Ask | 33.02 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 81,670 |
| Average Daily Volume3 Month | 57,816 |
| Average Volume | 57,816 |
| Average Volume10Days | 81,670 |
| Beta3 Year | 0.0 |
| Bid | 18.49 |
| Bid Size | 2 |
| Category | Large Blend |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 25.81 |
| Day Low | 25.57 |
| Dividend Yield | 0.45 |
| Eps Trailing Twelve Months | 0.9994929 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 25.07538 |
| Fifty Day Average Change | 0.49461937 |
| Fifty Day Average Change Percent | 0.019725299 |
| Fifty Two Week Change Percent | 21.138786 |
| Fifty Two Week High | 26.1 |
| Fifty Two Week High Change | -0.5300007 |
| Fifty Two Week High Change Percent | -0.020306539 |
| Fifty Two Week Low | 20.862 |
| Fifty Two Week Low Change | 4.708 |
| Fifty Two Week Low Change Percent | 0.22567348 |
| Fifty Two Week Range | 20.862 - 26.1 |
| First Trade Date Milliseconds | 1,729,603,800,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Defiance ETFs LLC |
| Fund Inception Date | 1,729,468,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,024-10-22 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The index aims to provide a comprehensive and balanced representation of the U.S. equity market by including the largest 500 publicly traded equity securities, while specifically excluding the seven largest technology companies commonly referred to as the “Magnificent 7”. Under normal circumstances, at least 80% of the fund’s net assets, plus borrowings for investment purposes, will be invested in equity securities of large-cap companies. |
| Long Name | Defiance Large Cap ex-Mag 7 ETF |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_1892614384 |
| Nav Price | 25.6035 |
| Net Assets | 177,320,752.0 |
| Net Expense Ratio | 0.35 |
| Open | 25.8 |
| Previous Close | 25.66 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.09000015 |
| Regular Market Change Percent | -0.35074106 |
| Regular Market Day High | 25.81 |
| Regular Market Day Low | 25.57 |
| Regular Market Day Range | 25.57 - 25.81 |
| Regular Market Open | 25.8 |
| Regular Market Previous Close | 25.66 |
| Regular Market Price | 25.57 |
| Regular Market Time | 1,784,125,132 |
| Regular Market Volume | 12,399 |
| Short Name | Defiance Large Cap ex-Mag 7 ETF |
| Source Interval | 15 |
| Symbol | XMAG |
| Total Assets | 177,320,752 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 25.582973 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 16.9656 |
| Trailing Three Month Returns | 16.9656 |
| Triggerable | 1 |
| Two Hundred Day Average | 23.28519 |
| Two Hundred Day Average Change | 2.284809 |
| Two Hundred Day Average Change Percent | 0.09812284 |
| Type Disp | ETF |
| Volume | 12,399 |
| Yield | 0.0045 |
| Ytd Return | 15.90375 |