XMAG ETF — Defiance Large Cap ex-Mag 7 ETF

Defiance Large Cap ex-Mag 7 ETF (XMAG)

XMAG is an ETF. As of September 3, 2026, its distribution rate is 0.45%, its trailing-12-month yield is 0.45%, its expense ratio is 0.35%. Dividend Vision Distribution Safety Score™ is 50/100 (Caution). Total return is 31.3% over the past 1.9 years, 3.9 points behind SPY at 35.2%.

At the current 0.45% distribution rate, a $10,000 investment would generate approximately $45 per year, or $3.75 per month on an equivalent basis. Actual annual payments vary.

Defiance Large Cap ex-Mag 7 ETF is an equity fund tracking a broad U.S. large-cap index while intentionally excluding the seven largest technology companies known as the "Magnificent 7," aiming to provide diversified exposure to the broader market outside those mega-cap names. The fund carries a modest expense ratio of 0.35% and distributes dividends at a modest rate. It appeals to equity investors seeking large-cap market exposure while tilting away from concentration in the largest technology stocks.

XMAG performance versus SPY

Data as of September 3, 2026.

Total return is 31.3% over the past 1.9 years, 3.9 points behind SPY at 35.2%. Its deepest 1-year drawdown was 7.3%.

XMAG key facts

Data as of September 3, 2026.

Distribution Safety Score™

50 · Caution

Issuer

Defiance ETFs

Asset type

ETF

Asset class

Equity

Inception date

10/21/2024

Expense ratio

0.35%

Distribution rate

0.45%

Distribution frequency

Annual

Trailing yield

0.45%

30-day SEC yield

1.11%

Last close

$26.06

NAV

$25.77

Premium / discount

1.13% premium

AUM

$182,499,494

Average volume

37820.0

Last dividend

$0.116

Last ex-dividend date

12/30/2025

Last payment date

12/31/2025

Beta

0.8432

P/E ratio

24.3767

How Dividend Vision calculates yield and returns

Distribution rate (0.45%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (0.45%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. The 30-day SEC yield (1.11%) is the SEC standardized figure when we have it. An issuer may publish a different SEC or TTM yield using another as-of date or share-class convention. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss. Figures below use Dividend Vision data as of September 3, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of September 3, 2026.

Primary sources: Defiance ETFs or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

XMAG risks and drawbacks

XMAG's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 7.3%.

Who may consider XMAG — and who may not

It is a weaker fit for investors who need monthly cash flow (XMAG pays annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from Defiance ETFs.