# Defiance Large Cap ex-Mag 7 ETF (XMAG) — Overview

XMAG · NASDAQ · Fund

Canonical page: https://www.lighthorse.io/tickers/xmag

## Price

Last close $25.76 on Oct 15, 2026. 52-week range $21.57 – $26.56.

## Fund profile

XMAG tracks an index that provides exposure to large-cap stocks in the US, excluding the seven largest technology stocks. The strategy aims to mitigate the overconcentration and volatility of a select few stocks. Portfolio holdings are market-cap weighted.

| Metric | Value |
| --- | --- |
| Issuer | Tidal Investments LLC |
| Industry | — |
| Inception | Oct 21, 2024 |
| Assets under management | $197.3M |
| Expense ratio | 0.35% |
| Net asset value | $25.72 (as of Oct 15, 2026) |
| Distributions | Annually |
| Leverage | 1x |

## Frequently Asked Questions

### What is Defiance Large Cap ex-Mag 7 ETF (XMAG)?

XMAG tracks an index that provides exposure to large-cap stocks in the US, excluding the seven largest technology stocks. The strategy aims to mitigate the overconcentration and volatility of a select few stocks. Portfolio holdings are market-cap weighted.

### What is XMAG's expense ratio?

Defiance Large Cap ex-Mag 7 ETF charges an annual expense ratio of 0.35%. The fund is issued by Tidal Investments LLC.

### How large is XMAG?

Defiance Large Cap ex-Mag 7 ETF manages $197.3M in assets and has traded since Oct 21, 2024.

### How do I buy shares of Defiance Large Cap ex-Mag 7 ETF (XMAG)?

XMAG trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).