XMAG
Defiance Large Cap ex-Mag 7 ETF
📎 Investment Objective
The XMAG ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Defiance Large Cap ex-Mag 7 Index.
Overview
ETF tracking Defiance Large Cap ex-Mag 7 ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The XMAG ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Defiance Large Cap ex-Mag 7 Index.
🎯 Investment Strategy
The fund employs a passive management (or index-tracking) strategy designed to track the performance of the underlying index. The index is composed of large-capitalization U.S. stocks, excluding the seven largest companies by market capitalization.
✨ Key Features
- Provides exposure to a diversified portfolio of large-cap U.S. stocks, excluding the largest mega-cap companies
- Seeks to track the performance of the Defiance Large Cap ex-Mag 7 Index
- Employs a passive, index-tracking investment strategy
- Has a low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the fund's holdings may decline due to general market conditions
- Tracking error risk: The fund may not perfectly track the performance of the underlying index
- Concentration risk: The fund's performance may be more volatile due to its focus on large-cap stocks
- Liquidity risk: The fund may have difficulty trading certain securities at an advantageous time or price
👤 Best For
This ETF may be suitable for long-term investors seeking broad exposure to the large-cap U.S. equity market, with the potential for lower volatility compared to funds that include the largest mega-cap companies. It may be appropriate as a core holding in a diversified portfolio.