Defiance Large Cap ex-Mag 7 ETF (XMAG)

Defiance Large Cap ex-Mag 7 ETF (XMAG) is an exchange-traded fund in the Large Blend category. It has $177.32M in assets, an expense ratio of 0.35% and a 0.45% dividend yield. 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.